SHA:688091 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	68.14	649.53	914.76	710.38	110.43	0.19
Short-Term Investments	10.32	21.7	-	78.46	10.05	10
Trading Asset Securities	406.93	-	325.42	338.9	832.65	40.66
Cash & Short-Term Investments	485.4	671.23	1,240	1,128	953.13	50.85
Cash Growth	-25.80%	-45.88%	9.97%	18.32%	1774.41%	-61.05%
Accounts Receivable	116.96	49.27	143.15	42.44	4.1	-
Other Receivables	10.2	0.08	-	-	9.35	4.92
Receivables	127.16	49.35	143.15	42.44	13.46	4.92
Inventory	66.03	45.17	28.41	17.06	11.78	1.48
Prepaid Expenses	7.7	2.71	0.53	1.76	3.36	-
Other Current Assets	4.28	7.75	0.98	10.71	11.82	0.48
Total Current Assets	690.56	776.21	1,413	1,200	993.55	57.73
Property, Plant & Equipment	261.41	149.28	120.21	121.45	83.95	87.82
Long-Term Investments	-	467.77	21.01	20.32	105.82	103.48
Other Intangible Assets	28.85	8.36	8.58	8.79	9.01	9.23
Long-Term Deferred Tax Assets	8.87	7.62	5.65	1.84	6.07	-
Long-Term Deferred Charges	7.36	8.59	1.86	0.22	-	0.56
Other Long-Term Assets	546.62	30.16	2.81	2.25	2.16	-
Total Assets	1,544	1,448	1,573	1,355	1,201	258.81
Accounts Payable	53.62	24.7	31.83	13.58	0.74	1.82
Accrued Expenses	16.93	5.52	7.56	6.08	1.62	3.67
Short-Term Debt	-	-	44.03	-	16.75	3.25
Current Income Taxes Payable	3.88	-	10.3	-	-	-
Current Unearned Revenue	1.72	4.38	1.11	0.12	-	-
Other Current Liabilities	3.49	4.84	9.16	10.08	2	2.77
Total Current Liabilities	79.64	39.45	103.98	29.86	21.1	11.51
Long-Term Unearned Revenue	0.71	1.03	1.47	2.29	3.13	3.79
Long-Term Deferred Tax Liabilities	2.41	2.5	3.07	3.26	0.79	-
Total Liabilities	82.76	42.97	108.52	35.42	25.02	15.3
Common Stock	206.7	206.59	158.28	143.89	105.8	79.35
Additional Paid-In Capital	1,048	1,043	1,072	1,059	1,096	186.72
Retained Earnings	243.25	192.59	234.68	116.29	-26.56	-22.56
Treasury Stock	-37.24	-37.24	-	-	-	-
Shareholders' Equity	1,461	1,405	1,465	1,319	1,176	243.51
Total Liabilities & Equity	1,544	1,448	1,573	1,355	1,201	258.81
Total Debt	-	-	44.03	-	16.75	3.25
Net Cash (Debt)	485.4	671.23	1,196	1,128	936.38	47.6
Net Cash Growth	-24.54%	-43.88%	6.07%	20.44%	1867.20%	-63.53%
Net Cash Per Share	2.10	2.89	7.55	5.47	6.02	0.31
Filing Date Shares Outstanding	205.43	205.31	205.76	205.76	205.76	154.32
Total Common Shares Outstanding	205.43	205.31	205.76	205.76	205.76	154.32
Working Capital	610.92	736.76	1,309	1,170	972.45	46.22
Book Value Per Share	7.11	6.84	7.12	6.41	5.71	1.58
Tangible Book Value	1,432	1,397	1,456	1,310	1,167	234.28
Tangible Book Value Per Share	6.97	6.80	7.08	6.37	5.67	1.52
Buildings	-	80.55	80.55	80.55	80.55	80.55
Machinery	-	81.55	76.29	35.23	29.38	27.87
Construction In Progress	-	39.49	4.81	39.44	1.58	0.57

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