SHA:688189 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	427.81	490.27	665.76	713.47	730.67	299.35
Trading Asset Securities	-	-	-	-	-	662.56
Cash & Short-Term Investments	427.81	490.27	665.76	713.47	730.67	961.91
Cash Growth	9.96%	-26.36%	-6.69%	-2.35%	-24.04%	522.21%
Accounts Receivable	71.29	199.9	563.74	741.49	590.81	644.88
Other Receivables	2.05	5.78	0.95	6.36	207.56	7.3
Receivables	73.34	205.68	564.69	747.85	798.37	652.19
Inventory	47.55	61.17	30.37	27.01	61.43	53.34
Prepaid Expenses	-	1.62	3.52	0.32	3.65	-
Other Current Assets	25.21	19.61	7.52	7.51	19.06	45.71
Total Current Assets	573.91	778.35	1,272	1,496	1,613	1,713
Property, Plant & Equipment	155.4	164.3	186.29	204.62	229.74	226.98
Goodwill	-	-	10.85	10.85	13.57	28.26
Other Intangible Assets	130.89	143.13	124.28	138.01	158.41	65.57
Long-Term Deferred Tax Assets	51.14	51.17	57.26	54.82	72.22	34.26
Long-Term Deferred Charges	106.93	77.5	64.19	46.23	40.48	14.47
Other Long-Term Assets	15.6	7.99	4.65	3.91	3.27	3.34
Total Assets	1,034	1,222	1,719	1,955	2,131	2,086
Accounts Payable	16.75	39.59	39.55	37.5	156.47	20.21
Accrued Expenses	10.45	53.39	31.97	39.26	56.34	57.75
Short-Term Debt	148.2	218.19	322.95	488.73	385.44	235.25
Current Portion of Long-Term Debt	-	-	-	50.85	33.9	33.89
Current Portion of Leases	-	0.71	0.71	0.68	1.13	-
Current Income Taxes Payable	1.45	0.57	1.2	2	-	0.21
Current Unearned Revenue	2.2	1.72	13.48	13.3	27.21	9.78
Other Current Liabilities	50.6	25.69	18.17	16.04	14.2	24.51
Total Current Liabilities	229.66	339.85	428.04	648.36	674.67	381.6
Long-Term Debt	-	-	-	-	50.85	76.26
Long-Term Leases	-	0.23	0.94	3.39	4.07	-
Long-Term Unearned Revenue	2.78	3	3.3	4.2	5.62	7.12
Long-Term Deferred Tax Liabilities	0.89	1.05	1.53	2.29	1.68	1.89
Total Liabilities	233.33	344.13	433.8	658.24	736.89	466.87
Common Stock	274.4	274.4	274.4	196	140	140
Additional Paid-In Capital	1,175	1,175	1,175	1,254	1,310	1,310
Retained Earnings	-571.86	-503.22	-146.32	-135.45	-56.62	146
Treasury Stock	-11.97	-10	-	-	-	-
Total Common Equity	865.99	936.59	1,303	1,314	1,393	1,596
Minority Interest	-65.43	-58.29	-17.92	-17.99	0.79	23.33
Shareholders' Equity	800.56	878.31	1,286	1,296	1,394	1,619
Total Liabilities & Equity	1,034	1,222	1,719	1,955	2,131	2,086
Total Debt	148.2	219.12	324.6	543.65	475.38	345.4
Net Cash (Debt)	279.61	271.15	341.16	169.82	255.29	616.51
Net Cash Growth	-13.42%	-20.52%	100.89%	-33.48%	-58.59%	-
Net Cash Per Share	1.02	0.99	1.24	0.62	0.93	2.40
Filing Date Shares Outstanding	272.56	272.83	274.4	274.4	274.4	274.4
Total Common Shares Outstanding	272.56	272.83	274.4	274.4	274.4	274.4
Working Capital	344.26	438.5	843.82	847.82	938.51	1,332
Book Value Per Share	3.18	3.43	4.75	4.79	5.08	5.82
Tangible Book Value	735.1	793.46	1,168	1,166	1,221	1,502
Tangible Book Value Per Share	2.70	2.91	4.26	4.25	4.45	5.47
Buildings	-	220.56	220.56	220.27	220.27	208.53
Machinery	-	229.88	270.67	264.88	262.76	253.56
Construction In Progress	-	0.35	0.57	0.24	1.28	0.52

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