SHA:688190 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	Mar '25 Mar 31, 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	61.59	120.51	87.67	86.27	99.21	75.27
Short-Term Investments	-	121.34	200.16	-	200.35	-
Trading Asset Securities	225.5	270.1	502.98	1,143	1,067	-
Cash & Short-Term Investments	287.09	511.95	790.81	1,229	1,366	75.27
Cash Growth	-63.70%	-35.26%	-35.65%	-10.06%	1715.20%	-
Accounts Receivable	951.49	803.11	658.41	542.09	366.48	302.89
Other Receivables	4.27	3.18	2.65	1.38	1.39	4.49
Receivables	955.76	806.29	661.06	543.47	367.87	307.38
Inventory	184.75	125.77	139.01	123.65	86.82	67.25
Other Current Assets	857.75	150.56	68.9	79.23	54.74	17.65
Total Current Assets	2,285	1,595	1,660	1,975	1,876	467.55
Property, Plant & Equipment	599.15	588.98	466.51	488.35	362.89	261.06
Other Intangible Assets	72.15	72.18	69.47	40.22	40.63	41.25
Long-Term Deferred Tax Assets	31.99	32.31	28.07	20.76	9.13	9.59
Other Long-Term Assets	257.57	853.37	567.74	5.03	9.78	2.56
Total Assets	3,246	3,141	2,792	2,530	2,298	782.01
Accounts Payable	356.69	370.33	228.84	231.34	382.87	213.81
Accrued Expenses	25.19	38.2	39.68	39.46	27.88	42.58
Short-Term Debt	-	-	-	2	-	-
Current Portion of Leases	5.02	5.25	8.01	2.49	0.13	-
Current Income Taxes Payable	23.58	21.22	16.26	20.1	7.19	5.49
Current Unearned Revenue	18.19	5.38	24.97	51.06	10.72	3.93
Other Current Liabilities	90.67	52.24	76.45	74.85	2.34	6.08
Total Current Liabilities	519.34	492.61	394.2	421.31	431.13	271.9
Long-Term Debt	-	-	-	-	-	19.98
Long-Term Leases	35.38	35.89	43.6	28.06	0.03	-
Long-Term Unearned Revenue	84.93	85.51	56.91	53.89	34.76	39.5
Long-Term Deferred Tax Liabilities	22.11	22.29	14.74	7.77	0.26	-
Total Liabilities	661.76	636.29	509.46	511.04	466.19	331.38
Common Stock	120	120	120	120	120	90
Additional Paid-In Capital	1,403	1,403	1,403	1,403	1,403	141.89
Retained Earnings	1,061	981.62	758.64	495.03	308.19	218.44
Comprehensive Income & Other	0.44	-	-	-	0.3	0.3
Shareholders' Equity	2,584	2,505	2,282	2,019	1,832	450.63
Total Liabilities & Equity	3,246	3,141	2,792	2,530	2,298	782.01
Total Debt	40.41	41.14	51.61	32.55	0.17	19.98
Net Cash (Debt)	246.69	470.81	739.2	1,196	1,366	55.29
Net Cash Growth	-66.63%	-36.31%	-38.21%	-12.43%	2370.75%	-
Net Cash Per Share	2.06	3.92	6.16	9.98	14.72	0.61
Filing Date Shares Outstanding	120	120	120	120	120	90
Total Common Shares Outstanding	120	120	120	120	120	90
Working Capital	1,766	1,102	1,266	1,554	1,445	195.66
Book Value Per Share	21.54	20.88	19.02	16.82	15.27	5.01
Tangible Book Value	2,512	2,433	2,213	1,978	1,791	409.39
Tangible Book Value Per Share	20.94	20.27	18.44	16.49	14.93	4.55
Buildings	-	294.46	251.59	249.27	190.92	114.46
Machinery	-	474.01	365.91	366.83	235.34	173.14
Construction In Progress	-	55.28	16.06	14.25	73.48	83.66

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