SHA:688216 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	41.33	52.92	43.18	153.15	177.27	76.88
Trading Asset Securities	-	-	-	-	185.49	-
Cash & Short-Term Investments	41.33	52.92	43.18	153.15	362.76	76.88
Cash Growth	-10.59%	22.57%	-71.81%	-57.78%	371.86%	-0.81%
Accounts Receivable	210.03	201.51	186.32	157.41	208.76	227.62
Other Receivables	12.96	11.61	6.62	2.01	0.39	0.53
Receivables	222.99	213.12	192.94	159.42	209.15	228.15
Inventory	128.24	118.61	103.1	113.08	103.51	77.49
Prepaid Expenses	-	-	0.14	-	-	-
Other Current Assets	19.23	24.13	8.23	15.87	30.2	5.39
Total Current Assets	411.79	408.78	347.59	441.52	705.63	387.92
Property, Plant & Equipment	1,368	1,451	1,376	1,236	1,048	551.76
Long-Term Investments	2.38	1.95	1.87	1.89	-	-
Other Intangible Assets	41.74	39.6	39.56	36.26	34.2	29.84
Long-Term Deferred Tax Assets	65.71	63.2	64.2	34.87	12.57	11.34
Long-Term Deferred Charges	16.36	17.52	20.51	18.83	8.79	6.11
Other Long-Term Assets	31.72	17.89	16.06	18.63	36.15	55.27
Total Assets	1,937	2,000	1,865	1,788	1,845	1,042
Accounts Payable	487.75	243.53	247.93	276.56	447.4	295.99
Accrued Expenses	19.96	26.97	23.49	15.73	23.74	10.34
Short-Term Debt	281.22	235.89	245.95	250.99	33.04	67
Current Portion of Long-Term Debt	83.69	28.57	12.42	7.35	2.18	0.84
Current Portion of Leases	-	2.41	1.01	0.18	0.38	-
Current Income Taxes Payable	2.87	0.07	0.04	-	3.33	4.99
Current Unearned Revenue	1.69	6.28	5.83	3.39	2.6	2.45
Other Current Liabilities	33.72	380.05	266.12	157.96	258.93	46.11
Total Current Liabilities	910.9	923.77	802.79	712.16	771.61	427.71
Long-Term Debt	290.26	256.37	199.81	107.84	15	17.16
Long-Term Leases	26.45	48.86	11.3	-	0.15	-
Long-Term Unearned Revenue	87.46	84.9	102.1	74.57	55.01	49.88
Long-Term Deferred Tax Liabilities	2.87	3.18	3.86	3.73	1.91	1.76
Total Liabilities	1,318	1,317	1,120	898.3	843.68	496.51
Common Stock	106.88	107.11	107.17	106.27	106.27	79.7
Additional Paid-In Capital	533.89	536.13	526.52	522.39	522.39	210.74
Retained Earnings	-37.95	38.72	140.83	271.8	372.87	255.29
Treasury Stock	-20.09	-28.34	-29.23	-10.97	-	-
Comprehensive Income & Other	-0.07	0.01	0	-	-	-
Total Common Equity	582.66	653.63	745.3	889.49	1,002	545.72
Minority Interest	36.76	29.01	0.26	0.3	-	-
Shareholders' Equity	619.42	682.64	745.56	889.78	1,002	545.72
Total Liabilities & Equity	1,937	2,000	1,865	1,788	1,845	1,042
Total Debt	681.62	572.1	470.49	366.36	50.74	85
Net Cash (Debt)	-640.29	-519.18	-427.31	-213.21	312.01	-8.12
Net Cash Per Share	-6.03	-4.88	-4.05	-2.00	3.36	-0.10
Filing Date Shares Outstanding	106.11	104.94	106.15	105.81	106.27	79.7
Total Common Shares Outstanding	106.11	104.94	106.15	105.81	106.27	79.7
Working Capital	-499.11	-514.99	-455.2	-270.64	-65.98	-39.79
Book Value Per Share	5.49	6.23	7.02	8.41	9.42	6.85
Tangible Book Value	540.92	614.03	705.74	853.23	967.33	515.88
Tangible Book Value Per Share	5.10	5.85	6.65	8.06	9.10	6.47
Buildings	-	536.29	286.83	272.06	234.61	183.53
Machinery	-	1,636	1,470	1,307	1,075	628.36
Construction In Progress	-	47.23	236.98	151.78	126.13	61.31

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