SHA:688081 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	85.42	115.73	106.48	142.07	239.09	376.87
Trading Asset Securities	-	-	10.09	-	-	3.85
Cash & Short-Term Investments	85.42	115.73	116.57	142.07	239.09	380.72
Cash Growth	-4.98%	-0.72%	-17.95%	-40.58%	-37.20%	-35.83%
Accounts Receivable	227.21	228	230.92	270.14	262.89	284.61
Other Receivables	1.82	1.68	3.55	2.1	3.2	2.82
Receivables	229.04	229.68	234.47	272.23	266.09	287.43
Inventory	63.09	65.39	76.43	43.41	55.72	36.55
Prepaid Expenses	-	0	0.07	-	-	-
Other Current Assets	12.77	10.22	15.45	19.63	15.55	5.25
Total Current Assets	390.32	421.02	442.99	477.34	576.44	709.95
Property, Plant & Equipment	97.3	101.98	113.54	128.44	115.46	11.26
Long-Term Investments	5.02	5.08	7	10	10	10
Other Intangible Assets	10.65	17.9	12.84	24.01	21.43	3.38
Long-Term Deferred Tax Assets	51.12	49.4	43.51	30.7	15.68	7.75
Long-Term Deferred Charges	0	0.03	10.6	5.36	6.58	16.87
Other Long-Term Assets	-	-	-	-	8.19	45.16
Total Assets	554.42	595.42	630.47	675.85	753.78	804.37
Accounts Payable	65.68	68.11	61.58	59.35	57.37	38.56
Accrued Expenses	6.75	14.4	9.09	12.88	15.04	19.29
Short-Term Debt	85.49	71	20.02	-	-	-
Current Portion of Leases	0.24	0.86	2	2.69	1.4	-
Current Income Taxes Payable	2.22	-	-	-	-	8.29
Current Unearned Revenue	4.17	6.4	11.11	2.99	7.47	6.41
Other Current Liabilities	0.05	0.61	0.81	0.46	0.47	1.9
Total Current Liabilities	164.59	161.38	104.6	78.37	81.75	74.45
Long-Term Leases	0.25	0.49	1.43	2.13	0.35	-
Long-Term Unearned Revenue	-	-	-	-	0.11	0.24
Total Liabilities	164.84	161.87	106.04	80.51	82.21	74.69
Common Stock	103.04	103.04	103.04	73.6	73.6	73.6
Additional Paid-In Capital	471.59	471.59	471.26	501.68	498	496.71
Retained Earnings	-173.4	-128.66	-48	19.94	99.04	159.37
Treasury Stock	-10.03	-10.03	-	-	-	-
Total Common Equity	391.2	435.94	526.3	595.21	670.65	729.68
Minority Interest	-1.62	-2.4	-1.86	0.13	0.93	-
Shareholders' Equity	389.58	433.54	524.44	595.34	671.57	729.68
Total Liabilities & Equity	554.42	595.42	630.47	675.85	753.78	804.37
Total Debt	85.97	72.35	23.46	4.82	1.75	-
Net Cash (Debt)	-0.56	43.38	93.11	137.25	237.34	380.72
Net Cash Growth	-	-53.41%	-32.16%	-42.17%	-37.66%	-32.29%
Net Cash Per Share	-0.01	0.42	0.90	1.34	2.30	3.73
Filing Date Shares Outstanding	102.17	102.17	102.17	103.04	103.04	103.04
Total Common Shares Outstanding	102.17	102.17	103.04	103.04	103.04	103.04
Working Capital	225.72	259.63	338.39	398.96	494.69	635.5
Book Value Per Share	3.83	4.27	5.11	5.78	6.51	7.08
Tangible Book Value	380.54	418.04	513.45	571.21	649.21	726.3
Tangible Book Value Per Share	3.72	4.09	4.98	5.54	6.30	7.05
Buildings	-	112.34	112.34	112.34	9.13	9.13
Machinery	-	35.99	36.61	38.96	25.07	13.67
Construction In Progress	-	-	-	-	93.89	-

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