SHA:688112 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	1,238	1,227	1,308	1,279	1,282	110.25
Short-Term Investments	-	0.86	0.71	-	-	-
Cash & Short-Term Investments	1,238	1,227	1,309	1,279	1,282	110.25
Cash Growth	4.84%	-6.23%	2.37%	-0.22%	1062.46%	83.33%
Accounts Receivable	89.39	75.04	66.14	85.56	47.94	29.1
Other Receivables	0.81	1.78	2.79	2.08	1.77	3.72
Receivables	90.2	76.82	68.92	87.63	49.71	32.82
Inventory	213.48	237.37	206.88	155.67	100.45	54.37
Other Current Assets	34.23	20.18	16.77	21.46	13.97	7.48
Total Current Assets	1,576	1,562	1,602	1,543	1,446	204.91
Property, Plant & Equipment	78.36	81.95	45.36	39.13	19.02	5.88
Other Intangible Assets	5.61	4.75	0.11	0.04	0.11	0.25
Long-Term Deferred Tax Assets	19.15	11.73	8.85	10.27	3.41	3.16
Long-Term Deferred Charges	18.09	9.5	1.87	1.87	0.64	0.14
Other Long-Term Assets	4.77	7.46	5.11	5.09	0.87	-
Total Assets	1,702	1,677	1,663	1,600	1,470	214.33
Accounts Payable	41.69	43.53	36.34	44.15	39	28.76
Accrued Expenses	25.93	35.22	30.16	25.03	16.71	12.78
Current Portion of Leases	12.62	11.74	5.86	6.36	3.67	-
Current Income Taxes Payable	5.87	3.45	4.81	12.17	4.57	4
Current Unearned Revenue	6.37	6.09	7.06	4.17	3.69	5.17
Other Current Liabilities	5.1	5.34	2.85	1.2	0.45	0.59
Total Current Liabilities	97.58	105.37	87.1	93.07	68.1	51.28
Long-Term Leases	26.8	32.51	9.13	15.15	5.57	-
Long-Term Unearned Revenue	4.39	6.03	4.56	4.18	4.7	2.83
Total Liabilities	128.77	143.91	100.79	112.4	78.37	54.11
Common Stock	159.6	159.2	159.2	106.67	106.67	80
Additional Paid-In Capital	1,103	1,094	1,096	1,139	1,136	11.99
Retained Earnings	307.45	277.29	305.28	240.68	149.91	68.85
Comprehensive Income & Other	2.99	2.3	1.83	1.54	-1.26	-0.63
Shareholders' Equity	1,573	1,533	1,562	1,487	1,391	160.22
Total Liabilities & Equity	1,702	1,677	1,663	1,600	1,470	214.33
Total Debt	39.42	44.25	15	21.51	9.25	-
Net Cash (Debt)	1,199	1,183	1,294	1,257	1,272	110.25
Net Cash Growth	4.48%	-8.57%	2.93%	-1.19%	1054.07%	83.33%
Net Cash Per Share	7.45	7.39	8.17	7.95	10.43	0.92
Filing Date Shares Outstanding	159.6	159.2	159.2	158.93	158.93	119.2
Total Common Shares Outstanding	159.6	159.2	159.2	158.93	158.93	119.2
Working Capital	1,478	1,456	1,514	1,450	1,378	153.63
Book Value Per Share	9.86	9.63	9.81	9.36	8.75	1.34
Tangible Book Value	1,568	1,529	1,562	1,487	1,391	159.97
Tangible Book Value Per Share	9.82	9.60	9.81	9.36	8.75	1.34
Machinery	-	68.38	49.99	30.4	18.67	12.5

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