SHA:688218 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	168.63	154.4	257.12	37.92	100.59	259.48
Trading Asset Securities	127.41	201.16	203.24	316.33	294.47	181.58
Cash & Short-Term Investments	296.05	355.56	460.37	354.25	395.06	441.07
Cash Growth	-6.03%	-22.77%	29.96%	-10.33%	-10.43%	-12.43%
Accounts Receivable	284.07	282.93	402.53	314.03	329.32	306.64
Other Receivables	9.16	40.72	11.87	10.33	17.59	18.4
Receivables	293.23	323.65	414.4	324.36	346.91	325.04
Inventory	784.31	664.32	494.75	562.42	493.27	295.32
Prepaid Expenses	-	2.82	0.06	0.07	-	0.08
Other Current Assets	34.9	26.96	21.04	35.77	20.4	43.71
Total Current Assets	1,408	1,373	1,391	1,277	1,256	1,105
Property, Plant & Equipment	346.8	287.3	318.73	275.08	191.06	118.66
Long-Term Investments	102.84	104.09	112.88	78.2	21.68	15.42
Other Intangible Assets	28.13	28.72	29.19	26.62	27.54	28.24
Long-Term Accounts Receivable	-	-	-	-	7.52	-
Long-Term Deferred Tax Assets	14.06	11.12	12.62	8.62	9.3	5.25
Long-Term Deferred Charges	2.92	4.39	5.18	1.62	2.01	2.3
Other Long-Term Assets	-	-	-	0.18	2.01	0.3
Total Assets	1,903	1,809	1,869	1,667	1,517	1,275
Accounts Payable	283	321.74	304.77	320.32	277.32	179.28
Accrued Expenses	11.06	31.1	44.39	20.94	46.34	20.72
Short-Term Debt	2	7.01	139.81	118.42	64.44	76.79
Current Portion of Long-Term Debt	28.2	20.94	10.02	-	-	-
Current Portion of Leases	-	8.94	8.54	2.07	0.82	0.36
Current Income Taxes Payable	1.29	8.76	9.65	0.56	2.67	2
Current Unearned Revenue	533.57	297.78	290.16	239.18	224.45	126.18
Other Current Liabilities	46.34	32.91	39.89	77.04	20.16	18.66
Total Current Liabilities	905.46	729.17	847.25	778.53	636.2	424.01
Long-Term Debt	109.69	105.31	39	-	-	-
Long-Term Leases	-	6.64	16.17	0.96	1.45	-
Long-Term Unearned Revenue	22.04	24.36	13.75	12.53	8.93	0.94
Other Long-Term Liabilities	4.87	3.43	4.39	3.91	2.69	1.89
Total Liabilities	1,042	868.91	920.55	795.93	649.27	426.84
Common Stock	118.6	118.6	118.19	117.8	117.34	117.34
Additional Paid-In Capital	598.3	598.3	597.04	591.37	584.26	580.38
Retained Earnings	205.06	261	256.42	185.03	160.23	147.84
Treasury Stock	-32.16	-32.16	-32.16	-32.16	-	-
Comprehensive Income & Other	0.49	-0.02	-	-	-	-
Total Common Equity	890.28	945.71	939.49	862.03	861.83	845.57
Minority Interest	-29.11	-5.7	9.17	9.22	5.65	2.97
Shareholders' Equity	861.17	940.01	948.66	871.25	867.48	848.53
Total Liabilities & Equity	1,903	1,809	1,869	1,667	1,517	1,275
Total Debt	139.9	148.84	213.54	121.46	66.71	77.15
Net Cash (Debt)	156.15	206.72	246.83	232.79	328.34	363.91
Net Cash Growth	82.20%	-16.25%	6.03%	-29.10%	-9.77%	-8.56%
Net Cash Per Share	1.36	1.74	2.08	1.97	2.71	3.08
Filing Date Shares Outstanding	116.48	116.48	116.06	115.67	117.34	117.34
Total Common Shares Outstanding	116.48	116.48	116.06	115.67	117.34	117.34
Working Capital	503.03	644.15	543.36	498.33	619.42	681.2
Book Value Per Share	7.64	8.12	8.09	7.45	7.34	7.21
Tangible Book Value	862.15	917	910.3	835.42	834.29	817.33
Tangible Book Value Per Share	7.40	7.87	7.84	7.22	7.11	6.97
Buildings	-	265.74	255.56	255.56	58.28	58.04
Machinery	-	81.15	89.15	43.35	25.02	22.57
Construction In Progress	-	-	3.36	5.91	128.72	56.86

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