SHA:688055 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	125.94	141.78	2,099	1,078	1,130	473.61
Short-Term Investments	-	1,658	33	48.53	50.38	-
Trading Asset Securities	-	-	-	-	100.14	-
Cash & Short-Term Investments	125.94	1,800	2,132	1,127	1,281	473.61
Cash Growth	-89.77%	-15.59%	89.20%	-12.02%	170.44%	90.58%
Accounts Receivable	190.91	424.15	591.3	605.23	940.46	866.46
Other Receivables	4.17	3.21	47.23	54.89	3.31	4.3
Receivables	195.07	427.37	638.53	660.12	943.77	870.76
Inventory	563.01	615.18	889.41	1,309	1,209	856.06
Other Current Assets	2,082	52.13	46.43	103.72	112.99	63.64
Total Current Assets	2,966	2,894	3,706	3,200	3,546	2,264
Property, Plant & Equipment	3,050	3,135	3,069	3,138	3,113	2,872
Long-Term Investments	5	5	10.45	10.37	10.21	9.82
Other Intangible Assets	27.15	27.7	29.8	31.19	32.87	34.68
Long-Term Deferred Tax Assets	183.49	136.91	114.38	33.51	34.48	16.71
Other Long-Term Assets	380.44	382.29	437.81	464.43	499.83	467.52
Total Assets	6,613	6,581	7,368	6,878	7,237	5,664
Accounts Payable	910.58	609.62	833.16	678.09	1,015	818.42
Accrued Expenses	62.95	363.63	346.26	208.27	266.73	213.04
Short-Term Debt	1,051	790.94	496.02	848.29	1,001	644.88
Current Portion of Long-Term Debt	131.34	74.55	564.92	-	-	-
Current Portion of Leases	-	14.05	4.08	13.6	13.01	-
Current Income Taxes Payable	11.05	5.91	5.91	-	27.49	12.29
Current Unearned Revenue	53.13	51.53	27.48	17.84	60.22	63.83
Other Current Liabilities	72.59	143.84	125.73	137.45	173.82	131.37
Total Current Liabilities	2,292	2,054	2,404	1,904	2,557	1,884
Long-Term Debt	161.97	176.48	424.85	120.5	-	-
Long-Term Leases	43.53	54.86	-	4.18	17.78	-
Long-Term Unearned Revenue	2.79	3.92	4.47	6.19	6.36	5.8
Long-Term Deferred Tax Liabilities	4.35	3.52	42.6	39.54	25.39	22.32
Total Liabilities	2,505	2,293	2,875	2,074	2,607	1,912
Common Stock	3,333	3,333	3,333	3,333	3,333	3,333
Additional Paid-In Capital	63.6	63.15	77.88	77.45	62	62
Retained Earnings	711.42	891.26	1,082	1,393	1,234	357.02
Comprehensive Income & Other	-0.47	0.21	-0.29	-0.17	0.18	0.1
Shareholders' Equity	4,108	4,288	4,493	4,804	4,630	3,752
Total Liabilities & Equity	6,613	6,581	7,368	6,878	7,237	5,664
Total Debt	1,388	1,111	1,490	986.58	1,032	644.88
Net Cash (Debt)	-1,262	688.67	642.15	140.3	249.11	-171.27
Net Cash Growth	-	7.24%	357.71%	-43.68%	-	-
Net Cash Per Share	-0.38	0.21	0.19	0.04	0.07	-0.05
Filing Date Shares Outstanding	3,333	3,333	3,333	3,333	3,333	3,333
Total Common Shares Outstanding	3,333	3,333	3,333	3,333	3,333	3,333
Working Capital	674.01	840.15	1,303	1,297	988.9	380.25
Book Value Per Share	1.23	1.29	1.35	1.44	1.39	1.13
Tangible Book Value	4,081	4,260	4,463	4,773	4,597	3,718
Tangible Book Value Per Share	1.22	1.28	1.34	1.43	1.38	1.12
Buildings	-	2,422	2,422	2,414	2,409	2,405
Machinery	-	9,239	9,242	9,171	9,041	8,938
Construction In Progress	-	516.5	432.67	417.46	385.06	108.12

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.