SHA:688084 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	827.33	680.61	1,241	1,377	195.08	130.28
Trading Asset Securities	175	385.26	21.2	21.84	298.98	117.12
Cash & Short-Term Investments	1,002	1,066	1,262	1,399	494.06	247.4
Cash Growth	-5.95%	-15.53%	-9.80%	183.15%	99.70%	260.51%
Accounts Receivable	252.49	175.58	239.31	227.44	317.15	212.18
Other Receivables	3.28	5.15	5.03	6.46	6.11	7.73
Receivables	255.77	180.73	244.34	233.9	323.25	219.9
Inventory	189.22	153.32	148.33	145.92	157.14	307.55
Other Current Assets	16.73	27.98	19.52	13.6	12.02	8.47
Total Current Assets	1,464	1,428	1,674	1,792	986.48	783.31
Property, Plant & Equipment	288.74	256.04	232.34	180.32	86.96	7.09
Long-Term Investments	39.59	28.66	10.5	3	4.91	2
Goodwill	3.79	3.79	-	-	-	-
Other Intangible Assets	12	10.81	10.9	10.97	11.1	11.13
Long-Term Accounts Receivable	-	0.41	0.6	0.63	0.33	-
Long-Term Deferred Tax Assets	23.71	24.11	6.68	5.78	5.18	8.17
Long-Term Deferred Charges	7.78	7.57	0.4	0.09	0.26	0.59
Other Long-Term Assets	6.49	5.38	-	-	14.4	-
Total Assets	1,846	1,765	1,935	1,993	1,110	812.29
Accounts Payable	212.68	176.97	177.27	219.9	327.08	315.35
Accrued Expenses	5.73	9.92	14.18	16.74	33.28	22.69
Short-Term Debt	5	-	-	-	-	0.25
Current Portion of Long-Term Debt	-	-	-	-	5.09	-
Current Portion of Leases	2.26	1.83	1.13	2.23	4.88	-
Current Income Taxes Payable	3.43	0.03	2.99	5.99	5.25	13.24
Current Unearned Revenue	42.54	6.54	40.25	41.95	91.27	15.37
Other Current Liabilities	5.07	1.27	0.85	12.29	4.81	26.03
Total Current Liabilities	276.71	196.56	236.66	299.09	471.65	392.94
Long-Term Debt	-	-	-	-	55	-
Long-Term Leases	7.52	9.14	0.36	1.42	5.38	-
Long-Term Unearned Revenue	5.24	6.1	4.34	4.42	-	-
Long-Term Deferred Tax Liabilities	1.68	1.52	0.42	0.42	0.05	0.03
Other Long-Term Liabilities	0.32	0.43	-	-	-	-
Total Liabilities	291.46	213.76	241.79	305.35	532.09	392.97
Common Stock	75.66	75.66	75.66	75.66	56.66	54.81
Additional Paid-In Capital	1,519	1,522	1,522	1,522	473.42	377.27
Retained Earnings	43.29	32.42	104.58	96.59	51.34	-9.17
Treasury Stock	-69.47	-66.67	-	-	-	-
Comprehensive Income & Other	0.02	-0.93	1.61	-	-0.08	-
Total Common Equity	1,568	1,563	1,704	1,694	581.33	422.91
Minority Interest	-13.47	-11.62	-9.84	-6.13	-3.8	-3.59
Shareholders' Equity	1,555	1,551	1,694	1,688	577.53	419.32
Total Liabilities & Equity	1,846	1,765	1,935	1,993	1,110	812.29
Total Debt	14.77	10.97	1.48	3.65	70.35	0.25
Net Cash (Debt)	987.56	1,055	1,260	1,395	423.71	247.15
Net Cash Growth	-6.31%	-16.30%	-9.67%	229.30%	71.44%	2400.09%
Net Cash Per Share	12.73	14.02	16.47	24.63	7.63	5.54
Filing Date Shares Outstanding	74.1	74.14	75.28	75.66	56.66	56.66
Total Common Shares Outstanding	74.1	74.14	75.66	75.66	56.66	56.66
Working Capital	1,187	1,231	1,437	1,493	514.83	390.38
Book Value Per Share	21.16	21.08	22.52	22.39	10.26	7.46
Tangible Book Value	1,552	1,548	1,693	1,683	570.23	411.78
Tangible Book Value Per Share	20.95	20.88	22.37	22.24	10.06	7.27
Buildings	-	239.08	186.57	-	-	-
Machinery	-	24.55	15.87	11.7	10.93	9.25
Construction In Progress	-	0.46	38.6	169.93	69.88	0.57

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