SHA:688121 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	167.51	452.5	400.61	376.14	717.5	617.02
Cash & Short-Term Investments	167.51	452.5	400.61	376.14	717.5	617.02
Cash Growth	-45.34%	12.95%	6.50%	-47.58%	16.28%	79.46%
Accounts Receivable	3,175	2,970	2,473	1,822	1,818	1,411
Other Receivables	2.61	1.7	4.77	4.45	1.39	2.07
Receivables	3,177	2,972	2,478	1,827	1,820	1,413
Inventory	476.45	485.38	434.04	1,863	1,905	2,450
Other Current Assets	850.5	749.7	807.67	622.69	622.27	733.83
Total Current Assets	4,672	4,659	4,120	4,688	5,064	5,213
Property, Plant & Equipment	3,076	3,098	2,595	2,026	1,091	741.1
Long-Term Investments	96.25	67.67	63.88	81.4	109.81	106.99
Goodwill	15.85	15.85	15.85	15.85	15.85	15.85
Other Intangible Assets	458.11	547.72	530.7	548.71	306.36	280.06
Long-Term Deferred Tax Assets	78.55	63.26	54.73	34.07	24.83	17.66
Long-Term Deferred Charges	1.54	30.27	41.47	15.19	19.65	2.03
Other Long-Term Assets	135.95	227.33	227.18	283.91	94.41	0.65
Total Assets	8,534	8,709	7,649	7,693	6,727	6,378
Accounts Payable	2,632	2,035	1,363	1,859	1,600	1,663
Accrued Expenses	14.47	283.08	299.12	253.99	166.11	236.05
Short-Term Debt	906.25	535.9	453.59	180.97	188	223
Current Portion of Long-Term Debt	69.01	346.16	198.66	161.61	50	-
Current Portion of Leases	-	33.14	66.86	41.13	37.05	-
Current Income Taxes Payable	76.58	18.93	34.56	4.72	45.06	34.96
Current Unearned Revenue	464.8	515.74	465.98	1,478	1,887	2,446
Other Current Liabilities	78.81	704.77	411.16	385.76	301.02	189.82
Total Current Liabilities	4,242	4,473	3,293	4,365	4,274	4,793
Long-Term Debt	1,455	1,561	1,669	1,089	370	420
Long-Term Leases	1.44	1.39	2.31	51.26	77.46	-
Long-Term Unearned Revenue	8.53	9	18.09	10.41	12.18	310.92
Long-Term Deferred Tax Liabilities	0.01	0.53	6.92	13.53	-	-
Total Liabilities	5,708	6,045	4,990	5,528	4,734	5,524
Common Stock	233.61	233.61	233.61	202.67	202.67	152
Additional Paid-In Capital	1,313	1,313	1,326	944.85	937.51	131.47
Retained Earnings	1,114	1,055	960.14	855.81	688.02	378.13
Treasury Stock	-80.18	-80.18	-	-	-	-
Comprehensive Income & Other	21.16	21.36	21.95	22.58	22.75	17.68
Total Common Equity	2,602	2,543	2,542	2,026	1,851	679.27
Minority Interest	224.23	120.8	117.36	139.01	142.15	174.68
Shareholders' Equity	2,827	2,664	2,659	2,165	1,993	853.95
Total Liabilities & Equity	8,534	8,709	7,649	7,693	6,727	6,378
Total Debt	2,432	2,478	2,390	1,524	722.5	643
Net Cash (Debt)	-2,265	-2,025	-1,990	-1,147	-5.01	-25.98
Net Cash Per Share	-9.97	-10.26	-9.82	-5.69	-0.03	-0.17
Filing Date Shares Outstanding	227.17	227.17	233.61	202.67	202.67	152
Total Common Shares Outstanding	227.17	227.17	233.61	202.67	202.67	152
Working Capital	429.47	186.17	826.64	323.64	790.38	420.53
Book Value Per Share	11.46	11.19	10.88	10.00	9.13	4.47
Tangible Book Value	2,128	1,980	1,995	1,461	1,529	383.36
Tangible Book Value Per Share	9.37	8.71	8.54	7.21	7.54	2.52
Buildings	-	1,288	823.83	750.06	651.09	679.24
Machinery	-	239.25	186.97	183.98	181.65	183.93
Construction In Progress	-	1,931	1,852	1,271	351.58	15.92

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