SHA:688147 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	2,655	1,581	1,154	1,757	120.06	493.49
Short-Term Investments	-	89.74	1,214	251.66	248.19	-
Trading Asset Securities	806.5	310.91	10.41	10.1	247.38	-
Cash & Short-Term Investments	3,462	1,982	2,378	2,019	615.62	493.49
Cash Growth	77.58%	-16.66%	17.77%	227.97%	24.75%	235.24%
Accounts Receivable	1,278	1,114	884.02	578.4	209.87	180.09
Other Receivables	5.75	8.39	11.37	12.39	5.55	0.65
Receivables	1,284	1,123	895.4	590.79	215.42	180.74
Inventory	3,615	3,723	3,217	975.38	402.97	343.15
Other Current Assets	236.9	258.94	325.41	114.14	42.32	32.03
Total Current Assets	8,597	7,086	6,816	3,699	1,276	1,049
Property, Plant & Equipment	551.37	571.18	399.94	46.23	49.61	24.42
Long-Term Investments	54	54	54	4	4	4
Other Intangible Assets	55.52	76.87	6.61	8.03	8.21	7.85
Long-Term Deferred Tax Assets	184.95	166.98	94.36	21.34	10.41	4.79
Long-Term Deferred Charges	351.79	302.91	147.15	0.74	7.95	7.14
Other Long-Term Assets	90.59	2.85	63.83	40.41	0.42	7.23
Total Assets	9,885	8,261	7,582	3,820	1,357	1,105
Accounts Payable	985.76	1,284	2,033	753.28	196.84	222.46
Accrued Expenses	90.26	150.28	190.12	104.33	33.75	16.94
Short-Term Debt	990.66	1,362	544.5	292.36	66.54	40
Current Portion of Long-Term Debt	144.17	20.02	-	-	11.99	-
Current Portion of Leases	-	30.45	25.05	2.72	3.6	-
Current Income Taxes Payable	33.51	61.41	62.08	2.72	-	1.24
Current Unearned Revenue	2,193	2,054	1,958	625.23	124.59	155.85
Other Current Liabilities	140.6	102.69	175.97	40.58	8.93	12.58
Total Current Liabilities	4,578	5,065	4,989	1,821	446.24	449.06
Long-Term Debt	1,857	186.54	-	-	-	-
Long-Term Leases	173.21	193.93	145.19	-	9.88	-
Long-Term Unearned Revenue	251.09	182.12	74.32	26.88	11.09	8.22
Long-Term Deferred Tax Liabilities	40.76	31.55	23.77	0.41	0.08	-
Other Long-Term Liabilities	20.04	6.98	5.69	8.84	6.11	2
Total Liabilities	6,920	5,666	5,238	1,857	473.41	459.29
Common Stock	461.16	457.68	454.46	454.46	409.01	49.84
Additional Paid-In Capital	1,676	1,578	1,445	1,333	353.8	521.15
Retained Earnings	861.48	633.11	445.24	174.84	120.69	74.58
Treasury Stock	-109.55	-72.91	-	-	-	-
Shareholders' Equity	2,966	2,595	2,344	1,963	883.5	645.57
Total Liabilities & Equity	9,885	8,261	7,582	3,820	1,357	1,105
Total Debt	3,165	1,793	714.73	295.08	92.02	40
Net Cash (Debt)	297.13	188.75	1,663	1,724	523.61	453.49
Net Cash Growth	52.73%	-88.65%	-3.52%	229.25%	15.46%	286.59%
Net Cash Per Share	0.64	0.41	3.57	4.14	1.25	1.19
Filing Date Shares Outstanding	457.45	453.97	454.46	454.46	409.01	398.7
Total Common Shares Outstanding	457.45	455.42	454.46	454.46	409.01	398.7
Working Capital	4,020	2,022	1,828	1,878	830.08	600.36
Book Value Per Share	6.48	5.70	5.16	4.32	2.16	1.62
Tangible Book Value	2,910	2,519	2,338	1,955	875.29	637.72
Tangible Book Value Per Share	6.36	5.53	5.14	4.30	2.14	1.60
Machinery	-	361	208.85	55.08	42.29	26.51
Construction In Progress	-	7.93	8.52	-	0.46	0.48

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