SHA:688077 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	291.1	196.55	242.82	413.82	293.22	250.76
Short-Term Investments	-	64.35	40	-	-	-
Trading Asset Securities	100.94	91.93	40.84	141.06	142.28	229
Cash & Short-Term Investments	392.04	352.83	323.66	554.88	435.5	479.76
Cash Growth	-4.78%	9.01%	-41.67%	27.41%	-9.22%	402.88%
Accounts Receivable	524.41	471.88	465.91	670.29	618.05	243.59
Other Receivables	2.53	1.69	1.77	2.87	3.08	1.98
Receivables	526.94	473.57	467.68	673.17	621.13	245.57
Inventory	593.49	476.6	357.11	586.69	484.25	291.29
Prepaid Expenses	-	0.27	0.05	1.45	0.05	-
Other Current Assets	42.36	49.65	17.14	11.45	19.91	15.51
Total Current Assets	1,555	1,353	1,166	1,828	1,561	1,032
Property, Plant & Equipment	869.9	887.53	886.93	708.33	477.87	287.08
Long-Term Investments	106.71	103.49	99.57	137.72	85.96	45.24
Goodwill	5.8	5.63	7.35	2.92	2.92	0.85
Other Intangible Assets	88.62	90.04	91.7	92.58	40.91	27.06
Long-Term Deferred Tax Assets	57.03	57.44	40.33	20.73	17.85	14.6
Long-Term Deferred Charges	0.44	0.48	0.73	0.69	1.28	0.66
Other Long-Term Assets	58.27	38.07	14.43	26.4	30.8	50.69
Total Assets	2,742	2,536	2,307	2,817	2,218	1,458
Accounts Payable	313.9	179.51	128.93	449.99	562	351.78
Accrued Expenses	26.51	64.87	61.73	63.97	58.6	55.82
Short-Term Debt	684.09	593.19	516.63	745.08	328.22	34.99
Current Portion of Long-Term Debt	40.14	26.16	45.39	36.81	13.68	-
Current Portion of Leases	-	4.26	4.31	3.23	0.03	-
Current Income Taxes Payable	2.6	9.01	0.15	1.54	4.92	3.84
Current Unearned Revenue	4.02	2.38	1.28	4.15	3.92	9.88
Other Current Liabilities	94.25	131.71	147.23	41.64	34.53	14.46
Total Current Liabilities	1,166	1,011	905.64	1,346	1,006	470.77
Long-Term Debt	235.58	232.82	149.57	146.3	54.4	-
Long-Term Leases	4.29	5.83	9.88	9.39	-	-
Long-Term Unearned Revenue	227.7	198.26	117.68	97.94	66.84	71.38
Long-Term Deferred Tax Liabilities	-	-	-	-	4.39	2.89
Total Liabilities	1,633	1,448	1,183	1,600	1,132	545.03
Common Stock	114.48	114.48	113.12	80.78	80	80
Additional Paid-In Capital	528.17	527.86	509.87	534.47	502.46	488.24
Retained Earnings	505.3	484.2	472.31	563.58	466.64	344.7
Treasury Stock	-62.53	-62.21	-	-	-	-
Comprehensive Income & Other	0.39	-0.77	0.23	0.05	-0.07	0.33
Total Common Equity	1,086	1,064	1,096	1,179	1,049	913.28
Minority Interest	22.71	24.06	28.37	38.12	37.86	-
Shareholders' Equity	1,109	1,088	1,124	1,217	1,087	913.28
Total Liabilities & Equity	2,742	2,536	2,307	2,817	2,218	1,458
Total Debt	964.09	862.26	725.77	940.8	396.33	34.99
Net Cash (Debt)	-572.05	-509.43	-402.11	-385.92	39.17	444.76
Net Cash Growth	-	-	-	-	-91.19%	2809.98%
Net Cash Per Share	-5.03	-4.48	-3.57	-3.40	0.35	4.63
Filing Date Shares Outstanding	110.41	110.41	113.12	113.09	112	112
Total Common Shares Outstanding	110.41	110.43	113.12	113.09	112	112
Working Capital	389.32	341.85	260	481.25	554.93	561.36
Book Value Per Share	9.83	9.63	9.68	10.42	9.37	8.15
Tangible Book Value	991.4	967.89	996.48	1,083	1,005	885.36
Tangible Book Value Per Share	8.98	8.76	8.81	9.58	8.98	7.91
Buildings	-	531.74	411.16	199.62	190.78	137.73
Machinery	-	652.61	571.6	424.7	378.15	268.58
Construction In Progress	-	31.27	164.1	283.33	92.64	30.26

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