SHA:688066 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	107.98	179.67	1,068	1,719	1,018	527.17
Trading Asset Securities	-	-	-	-	20	232.39
Cash & Short-Term Investments	107.98	179.67	1,068	1,719	1,038	759.57
Cash Growth	-46.80%	-83.17%	-37.87%	65.61%	36.62%	11.20%
Accounts Receivable	1,341	1,784	2,138	2,090	1,226	736.62
Other Receivables	154.84	79.93	91.46	67.73	54.11	30.58
Receivables	1,495	1,864	2,229	2,158	1,280	767.2
Inventory	1,121	885.51	1,608	839.34	290.01	181.69
Other Current Assets	77	75.54	66.19	59.76	58.02	29.78
Total Current Assets	2,801	3,005	4,971	4,776	2,666	1,738
Property, Plant & Equipment	738.03	825.97	932.77	660.86	468.27	35.59
Long-Term Investments	244.97	244.38	246.23	44.12	23.58	-
Other Intangible Assets	125.25	117.22	51.13	55.08	36.75	42.04
Long-Term Accounts Receivable	-	50.94	36.36	48.45	27.38	13.32
Long-Term Deferred Tax Assets	298.98	266.22	113.92	65.17	29.78	15.02
Long-Term Deferred Charges	21.51	30.74	53.73	46.87	15.9	12.7
Other Long-Term Assets	286.41	232.83	72.41	294.46	197.91	37.45
Total Assets	4,516	4,773	6,477	5,991	3,465	1,894
Accounts Payable	709.79	776.99	627.23	486.99	202.99	169.88
Accrued Expenses	256.73	149.9	100.02	140.8	74.43	42.91
Short-Term Debt	216.58	515.22	1,330	869.05	352.77	107.7
Current Portion of Long-Term Debt	201.47	43.09	37.05	19.29	13.3	-
Current Portion of Leases	-	105.51	130.63	57	26.7	-
Current Income Taxes Payable	8.52	0.67	0.17	10.13	15.4	7.3
Current Unearned Revenue	240.67	388.42	366.75	266.45	185.85	88.85
Other Current Liabilities	626.85	167.8	140.55	142.48	91.5	56.44
Total Current Liabilities	2,261	2,148	2,733	1,992	962.94	473.08
Long-Term Debt	1,115	1,182	1,082	1,066	149.7	-
Long-Term Leases	115.41	151.8	249.83	87.67	47.61	-
Long-Term Unearned Revenue	109.48	74.08	77.77	104.45	37.54	76.66
Long-Term Deferred Tax Liabilities	14.21	17.15	27.53	30.31	4.19	1.46
Other Long-Term Liabilities	0.22	0.22	0.22	0.22	-	-
Total Liabilities	3,615	3,573	4,170	3,281	1,202	551.2
Common Stock	261.28	261.28	261.19	185.64	184.43	166.32
Additional Paid-In Capital	1,590	1,590	1,604	1,642	1,545	832.52
Retained Earnings	-1,379	-1,013	380.12	778.46	531.81	343.5
Treasury Stock	-51.99	-51.99	-51.99	-	-	-
Comprehensive Income & Other	89.81	90.01	90.04	90.23	0.09	-0.4
Total Common Equity	509.58	876.26	2,283	2,696	2,262	1,342
Minority Interest	391.52	323.5	23.55	13.66	1.6	1.21
Shareholders' Equity	901.1	1,200	2,307	2,710	2,263	1,343
Total Liabilities & Equity	4,516	4,773	6,477	5,991	3,465	1,894
Total Debt	1,648	1,998	2,830	2,099	590.08	107.7
Net Cash (Debt)	-1,540	-1,818	-1,762	-380.23	447.67	651.86
Net Cash Growth	-	-	-	-	-31.32%	5.96%
Net Cash Per Share	-5.88	-6.96	-7.68	-1.47	1.81	2.78
Filing Date Shares Outstanding	260.18	260.18	261.19	259.89	258.2	232.85
Total Common Shares Outstanding	260.18	260.18	261.19	259.89	258.2	232.85
Working Capital	540.26	857.19	2,238	2,783	1,703	1,265
Book Value Per Share	1.96	3.37	8.74	10.37	8.76	5.76
Tangible Book Value	384.34	759.04	2,232	2,641	2,225	1,300
Tangible Book Value Per Share	1.48	2.92	8.55	10.16	8.62	5.58
Buildings	-	383.02	383.02	380.13	335.83	8.22
Machinery	-	357.9	310.39	179.45	83.87	47.51
Construction In Progress	-	-	4.26	17.68	4.68	-

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