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

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