SHA:688119 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	1,571	870.3	2,079	2,400	1,160	1,201
Trading Asset Securities	0.49	751.64	0.47	350.79	60.7	0.49
Cash & Short-Term Investments	1,572	1,622	2,080	2,751	1,221	1,201
Cash Growth	2.42%	-22.02%	-24.40%	125.35%	1.63%	198.11%
Accounts Receivable	1,476	1,400	1,421	1,324	1,137	1,117
Other Receivables	22.89	0.47	4.76	31.14	29.4	25.03
Receivables	1,499	1,400	1,426	1,355	1,166	1,142
Inventory	638.23	624.57	627.29	667.28	514.08	401.85
Other Current Assets	44.7	67.12	58.25	58.31	106.48	72.09
Total Current Assets	3,754	3,714	4,192	4,832	3,008	2,817
Property, Plant & Equipment	1,050	1,010	980.92	872.62	787.17	491.65
Long-Term Investments	42.2	39.68	35.67	36.94	28.07	39.34
Other Intangible Assets	288.75	285.82	295.72	300.26	300.85	225.98
Long-Term Deferred Tax Assets	62.95	67.39	54.61	50.51	23.14	23.02
Long-Term Deferred Charges	-	-	-	0.24	2.78	3.01
Other Long-Term Assets	68.21	93.11	110.17	108.92	113.13	114.75
Total Assets	5,266	5,210	5,669	6,201	4,263	3,714
Accounts Payable	1,141	987.93	979.81	1,055	755.5	530.39
Accrued Expenses	34.14	59.12	72.31	61.49	46.36	64.72
Current Portion of Long-Term Debt	-	500.53	254.03	253.24	-	-
Current Portion of Leases	500.48	0.25	0.23	0.2	1.64	-
Current Income Taxes Payable	13.79	3.63	2.07	1.03	0.52	-1.69
Current Unearned Revenue	182.01	194.66	240.49	326.77	320.59	220.61
Other Current Liabilities	166.44	225.27	281.11	356.81	557.83	500.98
Total Current Liabilities	2,038	1,971	1,830	2,054	1,682	1,315
Long-Term Debt	-	-	500	753.24	506.48	506.48
Long-Term Leases	-	-	0.25	0.32	1.97	-
Long-Term Unearned Revenue	44.05	38.45	40.13	44.89	39.08	82.33
Long-Term Deferred Tax Liabilities	14.51	14.62	15.46	16.41	11.35	10.55
Other Long-Term Liabilities	127.49	168.5	151.33	143.03	155.96	153.94
Total Liabilities	2,224	2,193	2,537	3,012	2,397	2,068
Common Stock	1,125	1,125	1,125	1,125	900	900
Additional Paid-In Capital	1,638	1,638	1,638	1,638	809.34	809.34
Retained Earnings	200.37	177.69	272.79	337.75	105.2	-119.11
Comprehensive Income & Other	16.65	16.22	37.29	31.37	11.03	16.6
Total Common Equity	2,980	2,957	3,074	3,133	1,826	1,607
Minority Interest	60.8	59.39	57.88	56.33	39.8	39.31
Shareholders' Equity	3,041	3,017	3,131	3,189	1,865	1,646
Total Liabilities & Equity	5,266	5,210	5,669	6,201	4,263	3,714
Total Debt	500.48	500.78	754.51	1,007	510.1	506.48
Net Cash (Debt)	1,071	1,121	1,325	1,744	710.73	694.73
Net Cash Growth	3.60%	-15.41%	-24.01%	145.40%	2.30%	-
Net Cash Per Share	0.95	1.00	1.18	1.72	0.79	1.02
Filing Date Shares Outstanding	1,125	1,125	1,125	1,125	900	678.63
Total Common Shares Outstanding	1,125	1,125	1,125	1,125	900	678.63
Working Capital	1,715	1,743	2,361	2,777	1,325	1,502
Book Value Per Share	2.65	2.63	2.73	2.78	2.03	2.37
Tangible Book Value	2,692	2,672	2,778	2,832	1,525	1,381
Tangible Book Value Per Share	2.39	2.37	2.47	2.52	1.69	2.03
Buildings	-	658.85	635.68	523.19	486.37	-
Machinery	-	978.45	955.99	787.7	741.47	-
Construction In Progress	-	63.38	7.98	116.76	64.18	-

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