SHA:688101 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	575.86	572.6	681.49	1,360	1,232	1,195
Trading Asset Securities	1,089	949.75	777.78	-	250.08	350.42
Cash & Short-Term Investments	1,665	1,522	1,459	1,360	1,482	1,545
Cash Growth	19.30%	4.32%	7.29%	-8.24%	-4.06%	-10.16%
Accounts Receivable	1,200	1,258	894.04	772.05	689.92	580.85
Other Receivables	31.51	5.03	8	4.71	11.56	38.13
Receivables	1,231	1,263	902.05	776.76	701.48	618.98
Inventory	815.23	845.76	749.02	832.42	591.77	431.96
Prepaid Expenses	-	0.02	0	0.06	0.07	0.02
Restricted Cash	-	-	-	0.36	-	-
Other Current Assets	46.38	51.85	50.39	51.69	90.03	59.89
Total Current Assets	3,757	3,683	3,161	3,021	2,866	2,656
Property, Plant & Equipment	223.8	232.44	227.49	205.23	130.35	70.76
Long-Term Investments	505.58	469.36	388.41	380.36	344.96	279.74
Goodwill	-	-	-	0.1	0.1	-
Other Intangible Assets	1,512	1,557	1,587	1,523	1,360	1,407
Long-Term Accounts Receivable	-	4.89	3.74	12	8.13	0.5
Long-Term Deferred Tax Assets	95.94	92.51	78.47	71.29	57.18	38.13
Long-Term Deferred Charges	2.25	3.54	2.02	2.48	2.61	1.99
Other Long-Term Assets	82.17	78.96	90.08	82.73	85.32	79.05
Total Assets	6,180	6,122	5,538	5,299	4,855	4,533
Accounts Payable	423.78	412.23	331.52	313.9	244.24	142.79
Accrued Expenses	18.13	50.37	42.59	49.2	53.05	37.02
Current Portion of Long-Term Debt	20.44	23.42	14.53	9.77	9.59	4.65
Current Portion of Leases	-	7.57	7.33	5.14	3.01	-
Current Income Taxes Payable	37.05	29.75	32.24	31.26	23.94	22.68
Current Unearned Revenue	703.25	778.86	598.92	680.52	502.49	370.52
Other Current Liabilities	114.19	282.49	206.33	217.86	178.18	223.04
Total Current Liabilities	1,317	1,585	1,233	1,308	1,014	800.69
Long-Term Debt	37.69	51.06	74.7	88	85.94	15
Long-Term Leases	8.19	11.09	18.53	5.77	8.57	-
Long-Term Unearned Revenue	88.82	91.87	106.88	86.43	89.3	88.17
Long-Term Deferred Tax Liabilities	-	-	-	2.07	0.03	0.06
Other Long-Term Liabilities	314.94	274.91	243.69	210.97	177.65	289.34
Total Liabilities	1,766	2,014	1,677	1,701	1,376	1,193
Common Stock	332.01	332.01	333.88	333.88	333.88	333.88
Additional Paid-In Capital	1,498	1,496	1,518	1,515	1,515	1,515
Retained Earnings	2,517	2,219	1,981	1,727	1,586	1,452
Treasury Stock	-	-	-27	-27	-	-
Comprehensive Income & Other	0.06	0.24	-	-	-	-
Total Common Equity	4,347	4,047	3,806	3,549	3,434	3,300
Minority Interest	66.07	60.62	55.39	49.48	44.19	39.63
Shareholders' Equity	4,413	4,108	3,861	3,598	3,479	3,340
Total Liabilities & Equity	6,180	6,122	5,538	5,299	4,855	4,533
Total Debt	66.32	93.13	115.08	108.67	107.11	19.65
Net Cash (Debt)	1,598	1,429	1,344	1,251	1,375	1,525
Net Cash Growth	22.99%	6.33%	7.41%	-9.00%	-9.84%	-5.86%
Net Cash Per Share	4.82	4.30	4.02	3.73	4.12	4.54
Filing Date Shares Outstanding	332.01	332.01	332.01	332.01	333.88	333.88
Total Common Shares Outstanding	332.01	332.01	332.01	332.01	333.88	333.88
Working Capital	2,441	2,098	1,927	1,714	1,851	1,855
Book Value Per Share	13.09	12.19	11.46	10.69	10.29	9.88
Tangible Book Value	2,835	2,490	2,218	2,025	2,074	1,893
Tangible Book Value Per Share	8.54	7.50	6.68	6.10	6.21	5.67
Buildings	-	92.15	85.5	34.55	34.58	5.02
Machinery	-	163.34	144.75	135.8	108.37	98.83
Construction In Progress	-	52.02	59.56	98.57	39.48	24.81

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