SHA:688210 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	547.22	509.42	593.66	370.86	889.28	56
Trading Asset Securities	64.31	87.51	-	351.15	-	-
Cash & Short-Term Investments	611.53	596.92	593.66	722	889.28	56
Cash Growth	1.65%	0.55%	-17.78%	-18.81%	1488.07%	-45.02%
Accounts Receivable	302.84	272.01	261.16	185.91	116.73	133.39
Other Receivables	17.84	9.32	14.05	10.18	15.88	10.51
Receivables	320.68	281.33	275.21	196.09	132.61	143.9
Inventory	197.95	197.81	164.6	130.94	92.44	73.92
Other Current Assets	66.35	43.35	29.88	16.52	12.55	3.11
Total Current Assets	1,197	1,119	1,063	1,066	1,127	276.92
Property, Plant & Equipment	879.31	818.18	736.32	441.78	278.28	105.42
Long-Term Investments	102.35	88.4	69.83	61.27	1.94	-
Goodwill	-	-	0.59	0.59	0.59	0.59
Other Intangible Assets	31.27	31.97	26.24	27.18	28.19	27.41
Long-Term Deferred Tax Assets	111.01	65.52	63.4	51.12	29.43	19.18
Long-Term Deferred Charges	39.72	48.74	39.3	30.85	31.24	21.54
Other Long-Term Assets	42.87	8.56	25.53	12.24	3.48	4.44
Total Assets	2,403	2,181	2,025	1,691	1,500	455.51
Accounts Payable	236.12	217.78	250.08	117.62	91.15	67.85
Accrued Expenses	15.4	24.63	16.9	18.43	10.25	16.32
Short-Term Debt	35.03	105.3	51.06	144.68	107.44	28.98
Current Portion of Long-Term Debt	253.21	102.08	75.18	-	5.01	-
Current Portion of Leases	-	20.21	44.81	24.2	37.14	-
Current Income Taxes Payable	14.32	6.64	2.45	4.8	0.49	9.45
Current Unearned Revenue	11.45	5.7	7.58	1.72	0.18	0
Other Current Liabilities	17.87	20.63	19.43	7.64	21.82	8.55
Total Current Liabilities	583.39	502.97	467.48	319.09	273.48	131.14
Long-Term Debt	370.59	276.25	231.55	40.95	-	5.01
Long-Term Leases	60.78	56.6	59.08	60.55	80.6	0.26
Long-Term Unearned Revenue	3.67	1.62	0.83	0.7	0.19	0.22
Long-Term Deferred Tax Liabilities	44.82	50.31	59.22	50.77	23.4	15.75
Total Liabilities	1,063	887.76	818.16	472.05	377.68	152.38
Common Stock	161.4	160.24	158.53	112	80	60
Additional Paid-In Capital	1,001	952	915.22	922.23	940.27	187.42
Retained Earnings	188.98	206.74	163.56	180.87	100.66	53.22
Treasury Stock	-48.82	-43.95	-41.95	-	-	-
Comprehensive Income & Other	6.47	2.65	0.35	0.31	-0.18	-0.1
Total Common Equity	1,309	1,278	1,196	1,215	1,121	300.54
Minority Interest	30.62	15.33	10.7	3.12	1.62	2.59
Shareholders' Equity	1,340	1,293	1,206	1,219	1,122	303.13
Total Liabilities & Equity	2,403	2,181	2,025	1,691	1,500	455.51
Total Debt	719.61	560.44	461.69	270.37	230.19	34.24
Net Cash (Debt)	-108.08	36.48	131.98	451.63	659.09	21.76
Net Cash Growth	-	-72.36%	-70.78%	-31.48%	2929.60%	-68.35%
Net Cash Per Share	-0.73	0.23	0.83	2.90	5.56	0.18
Filing Date Shares Outstanding	159.15	158.06	156.53	156.8	156.8	118.11
Total Common Shares Outstanding	159.15	158.06	156.53	156.8	156.8	118.11
Working Capital	613.11	616.44	595.87	746.46	853.41	145.78
Book Value Per Share	8.23	8.08	7.64	7.75	7.15	2.54
Tangible Book Value	1,278	1,246	1,169	1,188	1,092	272.54
Tangible Book Value Per Share	8.03	7.88	7.47	7.57	6.96	2.31
Buildings	-	234.09	215.11	-	-	-
Machinery	-	605.71	407.95	285.31	181.87	-
Construction In Progress	-	58.17	101.07	141.75	38.15	-

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