SHA:688059 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	156.17	136.49	80.7	213.62	157.96	24.56
Trading Asset Securities	73.18	72.14	70.54	230.39	140.58	-
Cash & Short-Term Investments	229.34	208.63	151.23	444.01	298.55	24.56
Cash Growth	90.15%	37.95%	-65.94%	48.72%	1115.37%	-56.63%
Accounts Receivable	734.28	510.39	487.33	232.4	156.39	142.49
Other Receivables	3.17	1.02	0.53	2.53	3.31	-
Receivables	737.45	511.41	487.86	234.93	159.7	142.49
Inventory	452.96	396.99	308.3	148.18	88.43	56.75
Prepaid Expenses	-	8.65	11.81	26.26	1.54	0.03
Other Current Assets	15.86	6.83	6.81	6.72	5.8	10.68
Total Current Assets	1,436	1,133	966.01	860.1	554.02	234.51
Property, Plant & Equipment	1,242	1,322	1,105	881.53	501.61	355.96
Other Intangible Assets	21.26	22.99	24.96	23.93	19.39	19.85
Long-Term Deferred Tax Assets	19.69	27.09	28.09	18.3	7.63	6.51
Long-Term Deferred Charges	2.89	4.06	5.61	3.64	3.41	-
Other Long-Term Assets	12.62	20.31	81.01	107.88	63.35	1.54
Total Assets	2,752	2,529	2,210	1,895	1,149	618.38
Accounts Payable	264.6	211.84	217.67	178.61	80.66	19.6
Accrued Expenses	23.74	22.23	24.46	19.75	18.18	14.14
Short-Term Debt	236.33	259.6	70.06	74.08	-	43.92
Current Portion of Long-Term Debt	71.96	48.44	14.73	7.22	-	14.32
Current Portion of Leases	-	1.2	1.13	1.07	0.79	1.54
Current Income Taxes Payable	7.02	0.04	-	-	5.83	2.63
Current Unearned Revenue	9.06	3.88	5.04	4.3	2.57	2.96
Other Current Liabilities	159.58	78.01	124.3	71.55	79.49	53.03
Total Current Liabilities	772.28	625.24	457.4	356.59	187.52	152.14
Long-Term Debt	380.15	416.75	350.37	316.89	-	8.69
Long-Term Leases	10.4	11.34	12.54	13.67	11.76	-
Long-Term Unearned Revenue	8.73	9.33	10.08	10.85	11.41	10.96
Long-Term Deferred Tax Liabilities	109.25	97.98	85.93	51.68	20.72	14.93
Other Long-Term Liabilities	39.51	36.83	37.65	31.65	28.8	20.47
Total Liabilities	1,320	1,197	953.95	781.33	260.21	207.21
Common Stock	87.16	62.26	61.85	44.01	44.01	33.01
Additional Paid-In Capital	548.2	572.99	555.82	536.34	530.84	182.15
Retained Earnings	690.13	590.04	532.56	427.46	314.36	196.01
Comprehensive Income & Other	106.23	106.21	106.22	106.25	-	-
Shareholders' Equity	1,432	1,331	1,256	1,114	889.21	411.17
Total Liabilities & Equity	2,752	2,529	2,210	1,895	1,149	618.38
Total Debt	698.84	737.33	448.83	412.93	12.55	68.48
Net Cash (Debt)	-469.49	-528.7	-297.6	31.07	286	-43.91
Net Cash Growth	-	-	-	-89.14%	-	-
Net Cash Per Share	-5.40	-6.11	-3.45	0.36	3.46	-0.68
Filing Date Shares Outstanding	87.16	87.16	86.59	86.26	86.26	86.26
Total Common Shares Outstanding	87.16	87.16	86.59	86.26	86.26	64.69
Working Capital	663.33	507.27	508.61	503.51	366.5	82.37
Book Value Per Share	16.43	15.28	14.51	12.92	10.31	6.36
Tangible Book Value	1,410	1,309	1,231	1,090	869.81	391.32
Tangible Book Value Per Share	16.18	15.01	14.22	12.64	10.08	6.05
Buildings	-	244.92	242.29	58.83	58.83	58.83
Machinery	-	1,344	1,073	670.19	439.85	374.04
Construction In Progress	-	141.01	70.77	344.59	144.28	38.53

Source: S&P Global Market Intelligence. Standard template. Financial Sources.