SHA:688093 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	372.09	311.47	299.47	218.39	185.4	492.5
Short-Term Investments	749.48	107.82	362.52	149.89	-	-
Cash & Short-Term Investments	1,122	419.29	661.99	368.28	185.4	492.5
Cash Growth	143.79%	-36.66%	79.75%	98.64%	-62.36%	445.43%
Accounts Receivable	343.69	271.49	181.87	160.94	169.77	146
Other Receivables	0.57	0.21	0.75	0.59	0.43	0.32
Receivables	344.26	271.69	182.62	161.54	170.2	146.32
Inventory	106.97	102.66	65.34	49.08	43.51	33.39
Other Current Assets	23.43	15.77	26.54	6.97	10.87	14.32
Total Current Assets	1,596	809.41	936.49	585.87	409.98	686.53
Property, Plant & Equipment	902.79	795.33	580.27	331.26	304.4	206.63
Long-Term Investments	226.23	382.23	376.99	417.7	597.82	264.23
Other Intangible Assets	220.35	120.26	120.14	121.86	13.8	14.21
Long-Term Deferred Tax Assets	12.17	8.76	6.25	4.99	4.36	1.71
Long-Term Deferred Charges	15.74	10.43	12.16	8.16	5.1	2.65
Other Long-Term Assets	4.18	1.97	53.17	2.28	3.42	2.05
Total Assets	2,978	2,128	2,085	1,472	1,339	1,178
Accounts Payable	99.21	125.39	168.16	32.66	58.59	62.14
Accrued Expenses	23.56	23.37	16.39	15.34	17.91	15.19
Current Portion of Leases	0.22	0.28	0.7	0.62	0.31	-
Current Income Taxes Payable	27.86	13.53	5.78	7.29	13.27	7.88
Current Unearned Revenue	0.73	0.93	0.21	0.07	0.17	0.17
Other Current Liabilities	1.79	6.03	1.87	0.76	0.57	0.63
Total Current Liabilities	153.38	169.54	193.11	56.74	90.81	86.01
Long-Term Leases	0.06	0.29	0.57	0.37	0.25	-
Long-Term Deferred Tax Liabilities	0.03	0.04	0.05	0.06	-	-
Total Liabilities	153.46	169.87	193.73	57.17	91.07	86.01
Common Stock	280.38	262.63	262.63	241.07	172	172
Additional Paid-In Capital	1,565	991.38	991.38	633.24	700.36	694.31
Retained Earnings	1,004	729.43	637.7	540.67	375.94	226.05
Treasury Stock	-23.91	-23.91	-	-	-	-
Comprehensive Income & Other	-0.92	-1.01	0.03	-0.06	-0.49	-0.38
Total Common Equity	2,824	1,959	1,892	1,415	1,248	1,092
Shareholders' Equity	2,824	1,959	1,892	1,415	1,248	1,092
Total Liabilities & Equity	2,978	2,128	2,085	1,472	1,339	1,178
Total Debt	0.28	0.57	1.27	0.99	0.56	-
Net Cash (Debt)	1,121	418.72	660.72	367.28	184.84	492.5
Net Cash Growth	144.13%	-36.63%	79.89%	98.70%	-62.47%	814.32%
Net Cash Per Share	4.25	1.60	2.63	1.53	0.77	2.51
Filing Date Shares Outstanding	278.72	260.97	262.63	241.07	240.8	240.8
Total Common Shares Outstanding	278.72	260.97	262.63	241.07	240.8	240.8
Working Capital	1,443	639.87	743.38	529.13	319.17	600.52
Book Value Per Share	10.13	7.50	7.20	5.87	5.18	4.53
Tangible Book Value	2,604	1,838	1,772	1,293	1,234	1,078
Tangible Book Value Per Share	9.34	7.04	6.75	5.36	5.12	4.48
Buildings	-	275.07	156.22	156.22	132.56	10.84
Machinery	-	279.54	211.39	195.54	107.81	54.29
Construction In Progress	-	337.39	281.62	24.76	94.67	167.08

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