SHA:688130 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	151.88	711.24	757.37	982.97	275.62	74.67
Short-Term Investments	-	221.48	236.47	30.43	-	-
Trading Asset Securities	615	183	220	189.55	-	-
Cash & Short-Term Investments	766.88	1,116	1,214	1,203	275.62	74.67
Cash Growth	-20.00%	-8.08%	0.91%	336.45%	269.13%	97.17%
Accounts Receivable	26.5	30.97	15.34	7.45	10.64	23.02
Other Receivables	0.66	0.65	0.25	0.3	0.33	0.19
Receivables	27.16	31.62	15.59	7.74	10.97	23.21
Inventory	59.68	63.45	46.85	94.48	45.78	24.47
Prepaid Expenses	-	-	-	0.55	-	-
Other Current Assets	285.51	13.58	8.05	30.31	43.39	24.93
Total Current Assets	1,139	1,224	1,284	1,336	375.77	147.28
Property, Plant & Equipment	16.76	17.38	5.95	6.62	6.47	1.44
Goodwill	157.93	157.93	-	-	-	-
Other Intangible Assets	25.21	22.6	1.42	2.19	0.95	0.43
Long-Term Deferred Tax Assets	-	-	-	1.26	0.11	0.19
Long-Term Deferred Charges	1.71	0.98	0.61	0.25	0.27	0.3
Other Long-Term Assets	5.26	4.54	1.2	0.18	0.11	-
Total Assets	1,346	1,428	1,294	1,347	383.67	149.65
Accounts Payable	9.4	8.91	1.45	0.62	1.97	1.33
Accrued Expenses	7.7	26.04	18.11	13.13	11.39	13.99
Short-Term Debt	10	20.02	-	-	-	-
Current Portion of Leases	3.92	4.1	1.24	2.17	2	-
Current Income Taxes Payable	0.32	-	-	-	1.37	-
Current Unearned Revenue	1.17	0.87	0.64	1.46	1.54	0.35
Other Current Liabilities	60.15	90.56	1.16	17.79	0.43	0.26
Total Current Liabilities	92.66	150.5	22.61	35.17	18.69	15.93
Long-Term Leases	4.43	8.43	0.32	1.08	1.9	-
Long-Term Deferred Tax Liabilities	2.37	3.63	-	-	-	-
Total Liabilities	99.46	162.55	22.92	36.25	20.58	15.93
Common Stock	120.89	92.97	66.56	66.56	49.92	45
Additional Paid-In Capital	1,108	1,123	1,141	1,132	223.69	76.58
Retained Earnings	40.16	71	81.27	111.6	89.48	12.13
Treasury Stock	-21.98	-21.98	-18.53	-	-	-
Shareholders' Equity	1,247	1,265	1,271	1,310	363.09	133.71
Total Liabilities & Equity	1,346	1,428	1,294	1,347	383.67	149.65
Total Debt	18.35	32.55	1.55	3.25	3.89	-
Net Cash (Debt)	748.53	1,083	1,212	1,200	271.73	74.67
Net Cash Growth	-21.28%	-10.65%	1.05%	341.50%	263.91%	333.10%
Net Cash Per Share	5.23	8.92	10.15	11.62	3.15	0.91
Filing Date Shares Outstanding	120.31	120.31	120.19	121.14	90.85	90.85
Total Common Shares Outstanding	120.31	120.12	120.34	121.14	90.85	81.9
Working Capital	1,047	1,074	1,262	1,301	357.08	131.35
Book Value Per Share	10.36	10.53	10.56	10.82	4.00	1.63
Tangible Book Value	1,064	1,085	1,269	1,308	362.14	133.28
Tangible Book Value Per Share	8.84	9.03	10.55	10.80	3.99	1.63
Machinery	-	8.38	6.72	5.06	3.9	2.47
Construction In Progress	-	-	-	0.24	-	-

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