SHA:688237 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	68.43	164.57	262.98	337.74	116.24	78.07
Short-Term Investments	170.7	216.61	31.01	56.35	-	20.02
Trading Asset Securities	140.68	18.98	70.66	111.67	-	80
Cash & Short-Term Investments	379.81	400.16	364.65	505.76	116.24	178.09
Cash Growth	13.53%	9.74%	-27.90%	335.10%	-34.73%	371.99%
Accounts Receivable	284.45	256.63	190.52	101.43	58.6	31.71
Other Receivables	4.14	3.08	2.29	2.09	0.9	1.39
Receivables	288.59	259.7	192.81	103.52	59.5	33.11
Inventory	150.5	109.73	116.57	65.99	29.24	30.94
Other Current Assets	38.95	37.87	32.27	27.01	15.76	3.85
Total Current Assets	857.85	807.46	706.3	702.27	220.74	245.98
Property, Plant & Equipment	396.12	383.75	370.32	334.86	144.66	61.65
Long-Term Investments	4.29	66.53	251.28	289.17	63.72	69.07
Goodwill	116.95	116.95	119.57	35.94	-	-
Other Intangible Assets	56.97	58.02	59.36	60.49	32.12	8.24
Long-Term Deferred Tax Assets	17.67	15.68	19.49	13.34	3.92	1.89
Long-Term Deferred Charges	10.84	13.47	6.69	2.35	1.15	0.88
Other Long-Term Assets	125.64	134.63	113.01	9.31	4.41	6.97
Total Assets	1,586	1,596	1,646	1,448	470.72	394.68
Accounts Payable	62.28	67.18	69.79	32.47	8.55	9.92
Accrued Expenses	5.2	13.22	14.64	7.18	2.81	5.31
Short-Term Debt	33.14	40.5	35.37	-	-	-
Current Portion of Leases	6.33	5.09	4.43	1.31	0.79	-
Current Income Taxes Payable	6	4.39	4.03	8.47	4.95	9.13
Current Unearned Revenue	27.86	10.81	26.09	21.86	0.2	5.51
Other Current Liabilities	104.92	97.79	84.12	12.99	1.6	0.32
Total Current Liabilities	245.73	239	238.47	84.28	18.91	30.19
Long-Term Leases	13.72	14.58	19.19	5.7	3.58	-
Long-Term Unearned Revenue	41.79	42.19	43.11	44.28	22.23	10.21
Long-Term Deferred Tax Liabilities	9.65	10.35	10.81	7.39	2.52	2.01
Other Long-Term Liabilities	65.18	66.18	65.31	15.24	0.24	0.17
Total Liabilities	376.08	372.29	376.89	156.89	47.48	42.58
Common Stock	89.68	89.6	89.6	89.6	67.2	67.2
Additional Paid-In Capital	1,007	1,002	1,003	989.39	202.89	202.48
Retained Earnings	140.89	159.78	176.83	211.83	153.15	82.42
Treasury Stock	-27	-27	-	-	-	-
Shareholders' Equity	1,210	1,224	1,269	1,291	423.24	352.1
Total Liabilities & Equity	1,586	1,596	1,646	1,448	470.72	394.68
Total Debt	53.19	60.18	58.99	7.01	4.37	-
Net Cash (Debt)	326.61	339.98	305.66	498.75	111.87	178.09
Net Cash Growth	21.26%	11.23%	-38.71%	345.84%	-37.19%	524.45%
Net Cash Per Share	3.95	3.93	3.41	6.37	1.66	3.05
Filing Date Shares Outstanding	88.42	88.34	89.6	89.6	67.2	67.2
Total Common Shares Outstanding	88.42	88.34	89.6	89.6	67.2	67.2
Working Capital	612.12	568.46	467.83	617.99	201.83	215.79
Book Value Per Share	13.69	13.86	14.16	14.41	6.30	5.24
Tangible Book Value	1,036	1,049	1,090	1,194	391.12	343.86
Tangible Book Value Per Share	11.72	11.88	12.17	13.33	5.82	5.12
Buildings	-	137.53	128	28.83	27.37	27.37
Machinery	-	227.15	149.75	128.77	69.91	44.92
Construction In Progress	-	85.87	136.04	216.14	75.37	17.35

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