SHA:688228 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	254.62	248.25	631.34	514.17	504.16	504.42
Short-Term Investments	53.72	21.78	-	20.09	201.89	286.08
Trading Asset Securities	315.75	385.4	98.86	315.73	24.35	142.61
Cash & Short-Term Investments	624.09	655.43	730.2	849.99	730.4	933.11
Cash Growth	25.66%	-10.24%	-14.09%	16.37%	-21.73%	381.98%
Accounts Receivable	372.91	492.15	588.29	469.25	287.98	77.84
Other Receivables	25.05	25.56	10.91	9.33	8.61	8.85
Receivables	397.96	517.71	599.2	478.58	296.59	86.69
Inventory	275.73	194.3	177.21	101.08	75.73	41.74
Other Current Assets	19.16	1.62	2.81	2.39	12.76	3.15
Total Current Assets	1,317	1,369	1,509	1,432	1,115	1,065
Property, Plant & Equipment	135.55	138.61	144.53	111.21	118.22	39.42
Long-Term Investments	179.78	214.14	197.83	68.82	99.72	96.01
Goodwill	164.44	164.56	175	175.21	175.42	-
Other Intangible Assets	47.69	29.46	12.1	14.56	16.92	5.19
Long-Term Deferred Tax Assets	39.52	21.13	19.56	12.93	6.71	3.7
Long-Term Deferred Charges	18.61	21.1	16.08	3.59	1.29	1.8
Other Long-Term Assets	27.05	16.43	16.98	26.93	26.71	101.3
Total Assets	1,930	1,975	2,091	1,845	1,560	1,312
Accounts Payable	150.14	204.68	262.88	175.44	98.14	39.07
Accrued Expenses	20.14	30.31	35.15	23.37	28.33	22.8
Short-Term Debt	73.15	71.35	56.11	8.01	37.65	-
Current Portion of Long-Term Debt	15.71	10.13	10.15	10	-	-
Current Portion of Leases	-	6.62	7.55	2.4	4.38	-
Current Income Taxes Payable	4.62	7.07	7.68	2.36	0.43	3.92
Current Unearned Revenue	67.88	59.09	105.75	64.23	71.31	66.11
Other Current Liabilities	35.58	36.06	35.81	44.4	14.2	2.75
Total Current Liabilities	367.22	425.3	521.09	330.2	254.46	134.65
Long-Term Debt	95	100	110	120.17	-	-
Long-Term Leases	4.64	9.59	17.32	0.56	2.23	-
Long-Term Unearned Revenue	0.4	0.78	0.76	-	-	-
Long-Term Deferred Tax Liabilities	0.86	2.45	1.51	7.11	2.93	0.82
Other Long-Term Liabilities	10.45	8.39	6.25	-	-	-
Total Liabilities	478.58	546.51	656.93	458.04	259.62	135.47
Common Stock	67.52	67.52	67.52	67.13	67.13	67.13
Additional Paid-In Capital	940.99	929.77	939.04	924.06	921.09	921.09
Retained Earnings	314.65	328.26	320.08	308.37	228.6	188.42
Treasury Stock	-13.5	-47.01	-29.99	-20.01	-	-
Comprehensive Income & Other	23.09	23.09	-	-	-	-
Total Common Equity	1,333	1,302	1,297	1,280	1,217	1,177
Minority Interest	118.25	126.35	137.91	107.71	84.03	-
Shareholders' Equity	1,451	1,428	1,435	1,387	1,301	1,177
Total Liabilities & Equity	1,930	1,975	2,091	1,845	1,560	1,312
Total Debt	188.5	197.69	201.13	141.13	44.27	-
Net Cash (Debt)	435.59	457.75	529.07	708.86	686.13	933.11
Net Cash Growth	43.05%	-13.48%	-25.36%	3.31%	-26.47%	381.98%
Net Cash Per Share	6.19	6.89	7.97	10.56	10.26	14.77
Filing Date Shares Outstanding	67.14	66.2	66.6	66.45	67.13	67.13
Total Common Shares Outstanding	67.14	66.2	66.6	66.45	67.13	67.13
Working Capital	949.72	943.76	988.32	1,102	861.03	930.05
Book Value Per Share	19.85	19.66	19.47	19.26	18.13	17.53
Tangible Book Value	1,121	1,108	1,110	1,090	1,024	1,171
Tangible Book Value Per Share	16.69	16.73	16.66	16.40	15.26	17.45
Buildings	-	121.58	120.91	110.47	111.38	38.02
Machinery	-	23.76	15.02	8.75	7.48	5.29
Construction In Progress	-	-	0.18	-	-	-

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