SHA:688207 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	672.16	1,101	1,408	1,955	219.11	292.93
Short-Term Investments	20.35	101	-	-	-	-
Trading Asset Securities	623.5	336.21	359.53	31.19	-	-
Cash & Short-Term Investments	1,316	1,539	1,768	1,986	219.11	292.93
Cash Growth	-18.04%	-12.96%	-11.01%	806.53%	-25.20%	20.61%
Accounts Receivable	163.21	154.09	117.95	183.1	228.01	76.21
Other Receivables	2.23	3.25	4.32	2.44	2.73	0.42
Receivables	165.44	157.34	122.27	185.54	230.74	76.63
Inventory	37.64	27.4	28.73	40.84	27.01	17.83
Prepaid Expenses	-	-	-	-	-	0.57
Other Current Assets	17.16	16.59	15.42	14.54	10.98	5.94
Total Current Assets	1,536	1,740	1,934	2,227	487.84	393.89
Property, Plant & Equipment	36.02	78.12	104.63	26.12	31.87	5.59
Long-Term Investments	295.75	433.05	410.49	254.65	250.65	191.86
Goodwill	28.56	28.56	-	-	-	-
Other Intangible Assets	11.98	11.66	0.7	0.82	0.48	0.42
Long-Term Accounts Receivable	-	4.42	3.12	5	5.49	4.73
Long-Term Deferred Tax Assets	7.25	6.94	8.09	8.16	-	-
Long-Term Deferred Charges	5.12	10.15	4.39	2.26	-	1.07
Other Long-Term Assets	197.03	4.89	6.78	2.54	2.54	-
Total Assets	2,118	2,318	2,472	2,527	778.87	597.56
Accounts Payable	57.28	38.44	10.36	43.5	55.47	9.84
Accrued Expenses	14.15	67.41	59.68	71.18	52.13	27.81
Short-Term Debt	21.6	20.02	-	-	14.06	6.3
Current Portion of Leases	5.91	14.71	19.18	6.8	7.73	-
Current Income Taxes Payable	6.56	-	-	-	-	-
Current Unearned Revenue	8.64	12.81	12.45	32.23	12.37	9.21
Other Current Liabilities	8.36	5.08	3.75	6.35	6.27	1.57
Total Current Liabilities	122.5	158.49	105.43	160.07	148.04	54.73
Long-Term Leases	14.31	47.92	62.75	6.82	13.09	-
Long-Term Deferred Tax Liabilities	1.4	1.72	-	-	-	-
Other Long-Term Liabilities	9.1	13.8	19.09	-	-	-
Total Liabilities	147.31	221.93	187.26	166.9	161.13	54.73
Common Stock	258.97	258.97	258.97	184.98	138.74	138.74
Additional Paid-In Capital	1,992	1,982	1,980	2,039	379.79	294.75
Retained Earnings	-508.68	-381.34	-169.74	-79.41	-112.03	-43.4
Treasury Stock	-43.99	-40.38	-	-	-	-
Comprehensive Income & Other	216.31	216.48	215.35	214.84	210.84	152.04
Total Common Equity	1,915	2,036	2,284	2,359	617.34	542.13
Minority Interest	55.96	59.58	0.81	0.92	0.41	0.7
Shareholders' Equity	1,971	2,096	2,285	2,360	617.75	542.83
Total Liabilities & Equity	2,118	2,318	2,472	2,527	778.87	597.56
Total Debt	41.82	82.65	81.94	13.63	34.88	6.3
Net Cash (Debt)	1,274	1,456	1,686	1,973	184.24	286.63
Net Cash Growth	-17.34%	-13.64%	-14.55%	970.76%	-35.72%	25.82%
Net Cash Per Share	5.13	5.78	6.53	7.86	0.94	1.47
Filing Date Shares Outstanding	255.62	255.91	258.97	258.97	258.97	194.23
Total Common Shares Outstanding	255.62	255.91	258.97	258.97	194.23	194.23
Working Capital	1,414	1,581	1,829	2,067	339.8	339.16
Book Value Per Share	7.49	7.96	8.82	9.11	3.18	2.79
Tangible Book Value	1,874	1,996	2,284	2,358	616.86	541.71
Tangible Book Value Per Share	7.33	7.80	8.82	9.11	3.18	2.79
Machinery	-	51.23	46.61	31.95	20.28	17.54
Construction In Progress	-	0.23	5.09	-	6.26	-

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