SHA:688175 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	202.7	305.85	530.89	316.79	263.16	443.75
Trading Asset Securities	737.64	931.8	889.67	1,246	266.48	20
Cash & Short-Term Investments	940.34	1,238	1,421	1,563	529.64	463.75
Cash Growth	-22.91%	-12.88%	-9.12%	195.12%	14.21%	85.97%
Accounts Receivable	163.78	210.04	206.7	222.41	103.01	109.36
Other Receivables	2.42	2.82	2.39	2.78	3.62	0.13
Receivables	166.21	212.86	209.09	225.19	106.62	109.49
Inventory	137.01	127.48	114.3	115.67	202.67	241.77
Prepaid Expenses	-	-	-	-	3.38	-
Other Current Assets	24.59	11.09	15.18	12.46	9.37	25.23
Total Current Assets	1,268	1,589	1,759	1,916	851.69	840.25
Property, Plant & Equipment	24.28	32.16	34.63	41.29	36.08	30.72
Long-Term Investments	-	-	7.81	7.26	-	-
Other Intangible Assets	10.57	7.92	8.64	8.7	6.62	4.86
Long-Term Deferred Tax Assets	38.06	26.24	38.9	29.62	18.46	12.47
Long-Term Deferred Charges	0.16	0.45	2.35	4.74	4.34	0.65
Other Long-Term Assets	556.54	311.52	215.5	0.32	0.52	-
Total Assets	1,898	1,967	2,067	2,008	917.7	888.95
Accounts Payable	66.44	68.35	64.73	59.11	33.06	26.33
Accrued Expenses	6.78	24.41	21.73	27.69	38.4	27.05
Current Portion of Leases	5.41	5.05	3.8	3.39	3.2	-
Current Income Taxes Payable	1.21	0.82	3.34	9.45	6.62	17.49
Current Unearned Revenue	65	58.34	70.15	42.77	133.1	202.51
Other Current Liabilities	10.64	11.49	14.83	12.38	9.83	8.49
Total Current Liabilities	155.48	168.45	178.59	154.79	224.21	281.88
Long-Term Leases	1.58	2.15	0.08	1.21	4.97	-
Long-Term Unearned Revenue	1.62	13.15	16.38	6.2	2.19	3.29
Long-Term Deferred Tax Liabilities	-	-	-	1.83	0.98	1.06
Total Liabilities	158.69	183.75	195.05	164.02	232.34	286.23
Common Stock	129.32	129.32	92.91	92.91	69.68	69.68
Additional Paid-In Capital	1,470	1,470	1,515	1,506	411.12	405.15
Retained Earnings	148.94	194.36	265.22	247.04	205.07	127.95
Comprehensive Income & Other	-8.5	-8.5	-0.58	-0.24	-	-
Total Common Equity	1,740	1,785	1,873	1,845	685.87	602.78
Minority Interest	-1.19	-1.13	-1.04	-0.92	-0.51	-0.06
Shareholders' Equity	1,739	1,784	1,872	1,844	685.36	602.72
Total Liabilities & Equity	1,898	1,967	2,067	2,008	917.7	888.95
Total Debt	6.99	7.21	3.88	4.6	8.17	-
Net Cash (Debt)	933.35	1,230	1,417	1,558	521.47	463.75
Net Cash Growth	-22.99%	-13.15%	-9.10%	198.86%	12.45%	85.97%
Net Cash Per Share	7.24	9.42	10.77	12.84	5.36	5.27
Filing Date Shares Outstanding	129.32	129.32	130.07	130.07	97.55	97.55
Total Common Shares Outstanding	129.32	129.32	130.07	130.07	97.55	97.55
Working Capital	1,113	1,421	1,581	1,762	627.49	558.38
Book Value Per Share	13.46	13.80	14.40	14.19	7.03	6.18
Tangible Book Value	1,730	1,777	1,864	1,837	679.25	597.92
Tangible Book Value Per Share	13.38	13.74	14.33	14.12	6.96	6.13
Buildings	-	43.71	43.32	43.32	43.32	43.32
Machinery	-	83.87	77.09	76.77	59	50.24
Construction In Progress	-	-	-	-	-	0.46

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