SHA:688159 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	736.87	239.05	171.34	226.96	180.59	141.59
Trading Asset Securities	0.01	-	-	10.01	50.18	183.99
Cash & Short-Term Investments	736.88	239.05	171.34	236.97	230.77	325.58
Cash Growth	389.10%	39.52%	-27.70%	2.69%	-29.12%	197.80%
Accounts Receivable	761.41	640.23	423.29	415.31	554.54	356.51
Other Receivables	9.86	32.37	34.74	49.51	52.15	16.67
Receivables	771.27	672.6	458.03	464.82	606.69	373.18
Inventory	219.05	165.56	379.48	200.82	226.98	232.41
Other Current Assets	372.96	262.74	85.83	39.04	58.47	59.01
Total Current Assets	2,100	1,340	1,095	941.65	1,123	990.18
Property, Plant & Equipment	106.69	134.75	162.65	148.29	161.11	214.6
Long-Term Investments	25.25	26.38	27.62	26.99	25	20.68
Other Intangible Assets	86.29	73.59	71.88	59.12	46.52	45.61
Long-Term Deferred Tax Assets	67.37	71.57	72.89	57.56	36.74	24.2
Long-Term Deferred Charges	43.83	62.63	75.04	63.53	56.68	-
Other Long-Term Assets	109.3	65.16	64.47	70.07	53.38	2.5
Total Assets	2,539	1,774	1,569	1,367	1,502	1,298
Accounts Payable	530.98	249.55	272	289.4	325.89	218.96
Accrued Expenses	8.07	14.41	17.58	25.1	20.14	17.88
Short-Term Debt	739.79	547.37	397.99	225.23	273.15	168.03
Current Portion of Leases	3.48	5.6	4.4	2.9	3.49	-
Current Income Taxes Payable	3.99	0.1	-	-	-	-
Current Unearned Revenue	25.13	29.76	8.9	17.53	8.45	8.13
Other Current Liabilities	76.72	68.76	96.42	20.02	25.82	12.58
Total Current Liabilities	1,388	915.55	797.29	580.16	656.95	425.58
Long-Term Debt	196.52	-	-	-	-	29.31
Long-Term Leases	4.26	0.68	21.45	5.51	9	-
Long-Term Unearned Revenue	1.32	2.65	2.93	5.12	-	-
Long-Term Deferred Tax Liabilities	1.55	0.84	0.62	0	0.98	0.01
Total Liabilities	1,592	919.72	822.29	590.79	666.93	454.9
Common Stock	93.41	91.99	92.13	91.68	91.68	91.68
Additional Paid-In Capital	712.78	695.73	687.23	672.92	674.57	671.99
Retained Earnings	145.26	71.03	-29.01	9.29	66.22	79.18
Treasury Stock	-2.02	-3.53	-5.04	-	-	-
Comprehensive Income & Other	-	-	-0.2	-	-	-
Total Common Equity	949.44	855.23	745.11	773.89	832.47	842.85
Minority Interest	-2.35	-0.92	1.84	2.53	2.93	-
Shareholders' Equity	947.09	854.31	746.95	776.42	835.39	842.85
Total Liabilities & Equity	2,539	1,774	1,569	1,367	1,502	1,298
Total Debt	944.05	553.65	423.84	233.63	285.64	197.34
Net Cash (Debt)	-207.16	-314.6	-252.5	3.34	-54.87	128.24
Net Cash Per Share	-2.25	-3.42	-2.76	0.04	-0.60	1.43
Filing Date Shares Outstanding	93.41	91.99	92.13	91.68	91.68	91.68
Total Common Shares Outstanding	93.41	91.99	92.13	91.68	91.68	91.68
Working Capital	712	424.41	297.41	361.48	465.96	564.6
Book Value Per Share	10.16	9.30	8.09	8.44	9.08	9.19
Tangible Book Value	863.15	781.64	673.23	714.76	785.94	797.25
Tangible Book Value Per Share	9.24	8.50	7.31	7.80	8.57	8.70
Buildings	-	123.88	126.01	122.72	134.63	184.26
Machinery	-	46.63	44.79	40.09	28.61	20.12
Construction In Progress	-	0.37	1.91	3.22	4.37	22.55

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