SHA:688153 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	2,740	2,713	3,119	2,536	381.15	518.48
Trading Asset Securities	120.03	-	-	99.81	-	-
Cash & Short-Term Investments	2,860	2,713	3,119	2,635	381.15	518.48
Cash Growth	6.11%	-13.02%	18.37%	591.42%	-26.49%	235.52%
Accounts Receivable	325.62	411.42	509.04	153.76	200.59	135.26
Other Receivables	7.61	26.72	26.45	6.21	17.1	0.13
Receivables	333.23	438.13	535.49	159.97	217.69	135.38
Inventory	592.66	777.42	652.21	985.53	1,074	411.5
Prepaid Expenses	-	-	-	7.72	-	-
Other Current Assets	60.48	26.21	27.75	6.43	68.36	49.01
Total Current Assets	3,846	3,955	4,335	3,795	1,741	1,114
Property, Plant & Equipment	477.22	293.75	330.17	297.3	209.61	53.1
Long-Term Investments	146.96	71.85	66.09	13.85	-	-
Other Intangible Assets	34.33	36.33	37.9	38.91	26.08	11.72
Long-Term Deferred Tax Assets	16.33	18.73	12.88	7.13	4.19	8.76
Long-Term Deferred Charges	73.48	73	26.85	41.83	45.94	11.04
Other Long-Term Assets	40.61	141.38	10.48	30.62	12.4	1.32
Total Assets	4,635	4,590	4,819	4,225	2,039	1,200
Accounts Payable	293.39	77.63	324.66	80.63	412.23	317.35
Accrued Expenses	50.29	113.1	238.07	64.91	243.31	191.4
Short-Term Debt	143.08	301.76	108.07	177.21	38.82	79.45
Current Portion of Long-Term Debt	-	-	-	-	55.8	-
Current Portion of Leases	10.44	12.71	14.82	10.24	8.95	0.9
Current Income Taxes Payable	5.54	-	31.66	16.76	40.22	-
Current Unearned Revenue	9.23	6.7	8.66	5.78	25.04	12.3
Other Current Liabilities	5.5	38.47	22.12	9.63	37.37	6.84
Total Current Liabilities	517.47	550.37	748.05	365.16	861.74	608.25
Long-Term Debt	17.99	-	-	-	52.25	-
Long-Term Leases	40.4	20.3	9.61	14.09	12.25	-
Long-Term Unearned Revenue	13.09	24.11	24.88	11.6	14.34	31.86
Long-Term Deferred Tax Liabilities	7.28	3.18	2.11	1.83	-	-
Total Liabilities	639.24	597.96	784.65	392.68	940.57	640.11
Common Stock	430.31	430	418.17	408.62	360	360
Additional Paid-In Capital	3,718	3,699	3,650	3,571	942.71	335.46
Retained Earnings	-72.05	-80.44	-37.37	-149.66	-203.05	-134.63
Treasury Stock	-119.99	-72.36	-	-	-	-
Comprehensive Income & Other	39.94	15.36	3.98	2.16	-0.85	-0.61
Shareholders' Equity	3,996	3,992	4,035	3,832	1,099	560.22
Total Liabilities & Equity	4,635	4,590	4,819	4,225	2,039	1,200
Total Debt	211.91	334.77	132.5	201.54	168.06	80.36
Net Cash (Debt)	2,648	2,378	2,987	2,434	213.09	438.13
Net Cash Growth	3.62%	-20.37%	22.73%	1042.15%	-51.36%	467.99%
Net Cash Per Share	6.35	6.01	7.18	6.38	0.59	1.52
Filing Date Shares Outstanding	426.7	430	418.17	408.62	400.08	360
Total Common Shares Outstanding	426.7	430	418.17	408.62	360	360
Working Capital	3,329	3,405	3,587	3,430	879.42	506.13
Book Value Per Share	9.36	9.28	9.65	9.38	3.05	1.56
Tangible Book Value	3,962	3,956	3,997	3,793	1,073	548.5
Tangible Book Value Per Share	9.28	9.20	9.56	9.28	2.98	1.52
Machinery	-	528.44	491.11	381.72	244.95	81.99

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