SHA:688070 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	2017 - 2019
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	2017 - 2019
Cash & Equivalents	93.62	191.01	187.58	207.02	301.74	124.11	Upgrade
Trading Asset Securities	34.83	45.31	30.18	40.04	67.05	41	Upgrade
Cash & Short-Term Investments	128.45	236.32	217.76	247.06	368.78	165.12	Upgrade
Cash Growth	10.88%	8.52%	-11.86%	-33.01%	123.35%	-18.03%	Upgrade
Accounts Receivable	167.28	171.97	122.4	122.91	111.28	69.19	Upgrade
Other Receivables	4.83	5.07	6.18	10.3	8.32	7.25	Upgrade
Receivables	172.11	177.04	128.58	133.2	119.6	76.43	Upgrade
Inventory	229.56	202.25	132.86	126.12	71.9	61.07	Upgrade
Prepaid Expenses	-	-	-	-	-	2.83	Upgrade
Other Current Assets	45.4	42.18	46.16	50.86	29.42	16.66	Upgrade
Total Current Assets	575.53	657.79	525.37	557.24	589.7	322.11	Upgrade
Property, Plant & Equipment	269.81	268.02	300.03	308.23	216.32	72.92	Upgrade
Long-Term Investments	21.34	11.79	13.65	7.73	4.85	4.75	Upgrade
Other Intangible Assets	71.43	82.28	25.13	19.69	14.85	11.27	Upgrade
Long-Term Deferred Tax Assets	28.77	25.97	29.29	29.99	19.94	9.42	Upgrade
Long-Term Deferred Charges	42.14	10.63	42.65	18.4	10.81	1.98	Upgrade
Other Long-Term Assets	0.9	0.97	4.59	9.72	9.15	3.78	Upgrade
Total Assets	1,010	1,057	940.71	951.01	865.62	426.24	Upgrade
Accounts Payable	106.07	149.97	58.73	85.8	49.13	36.98	Upgrade
Accrued Expenses	9.92	27.49	26.46	22.51	20.66	15.32	Upgrade
Short-Term Debt	52.74	86.72	102.08	49.81	7.01	5.01	Upgrade
Current Portion of Long-Term Debt	35.15	17.97	40.55	0.5	-	-	Upgrade
Current Portion of Leases	-	2.28	2.33	4.28	6.5	-	Upgrade
Current Income Taxes Payable	11	0.49	1.44	1.68	1.38	6.44	Upgrade
Current Unearned Revenue	95.87	106.04	43.51	24.35	16.71	13.27	Upgrade
Other Current Liabilities	30.49	40.36	21.38	56.05	43.93	7.28	Upgrade
Total Current Liabilities	341.22	431.32	296.48	244.98	145.32	84.3	Upgrade
Long-Term Debt	29.77	40	19	9.5	-	35.01	Upgrade
Long-Term Leases	9.22	2.4	1.96	6.05	8.48	-	Upgrade
Long-Term Unearned Revenue	12.99	12.65	12.68	15.18	12.05	10.49	Upgrade
Long-Term Deferred Tax Liabilities	1.85	0.75	0.66	1.29	0.01	0	Upgrade
Other Long-Term Liabilities	-	-	2.87	1.67	2.08	5.1	Upgrade
Total Liabilities	395.07	487.11	333.65	278.67	167.93	134.9	Upgrade
Common Stock	87.58	87.58	87.58	87.58	87.58	65.68	Upgrade
Additional Paid-In Capital	619.9	567.68	567.68	567.68	566.7	142.49	Upgrade
Retained Earnings	-105.33	-85.52	-49.73	14.77	40.96	83.16	Upgrade
Total Common Equity	602.15	569.75	605.54	670.04	695.24	291.33	Upgrade
Minority Interest	12.7	0.57	1.52	2.3	2.44	0.01	Upgrade
Shareholders' Equity	614.85	570.32	607.06	672.34	697.69	291.34	Upgrade
Total Liabilities & Equity	1,010	1,057	940.71	951.01	865.62	426.24	Upgrade
Total Debt	126.89	149.36	165.93	70.14	21.99	40.01	Upgrade
Net Cash (Debt)	1.57	86.95	51.84	176.92	346.8	125.1	Upgrade
Net Cash Growth	-	67.75%	-70.70%	-48.98%	177.21%	-37.83%	Upgrade
Net Cash Per Share	0.02	1.00	0.59	2.04	4.08	1.89	Upgrade
Filing Date Shares Outstanding	87.58	87.58	87.58	87.58	87.58	87.58	Upgrade
Total Common Shares Outstanding	87.58	87.58	87.58	87.58	87.58	65.68	Upgrade
Working Capital	234.31	226.47	228.89	312.26	444.38	237.81	Upgrade
Book Value Per Share	6.88	6.51	6.91	7.65	7.94	4.44	Upgrade
Tangible Book Value	530.72	487.47	580.41	650.35	680.4	280.06	Upgrade
Tangible Book Value Per Share	6.06	5.57	6.63	7.43	7.77	4.26	Upgrade
Buildings	-	232.97	232.97	142.7	0.6	-	Upgrade
Machinery	-	114.97	125.43	105.32	78.52	51.87	Upgrade
Construction In Progress	-	0.05	0.05	90.85	148.6	37.68	Upgrade

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