SHA:688272 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	200.66	223.03	238.86	285.24	374.25	111.16
Cash & Short-Term Investments	200.66	223.03	238.86	285.24	374.25	111.16
Cash Growth	-12.24%	-6.63%	-16.26%	-23.79%	236.69%	419.73%
Accounts Receivable	204.03	221.39	176.89	195.57	190.01	79.74
Other Receivables	2.78	2.27	1.79	5.79	2.63	1.94
Receivables	206.81	223.65	178.68	201.36	192.64	81.67
Inventory	178.82	160.81	170.36	201.64	166.09	157.03
Other Current Assets	31.91	5.51	13.54	12.17	16.95	16.81
Total Current Assets	618.19	613.01	601.45	700.41	749.93	366.67
Property, Plant & Equipment	72.8	76.86	46.91	37.96	35.74	5.31
Other Intangible Assets	1.15	1.69	2.51	3.28	1.54	0.87
Long-Term Accounts Receivable	-	2.24	2.93	-	-	-
Long-Term Deferred Tax Assets	4.75	4.31	0.02	-	3.54	2
Long-Term Deferred Charges	28.55	31.83	11.24	3.35	3.88	1.49
Other Long-Term Assets	8.3	6.45	4.68	3.95	0.63	0.98
Total Assets	733.74	736.39	669.73	748.96	795.25	377.32
Accounts Payable	112.42	115.17	94.76	47.61	29.57	78.28
Accrued Expenses	0.93	8.33	13.71	9.18	12.94	13.77
Short-Term Debt	124.57	60.04	45.05	75.72	40.04	37.76
Current Portion of Leases	11.31	13.6	9.28	9.31	9.39	-
Current Income Taxes Payable	0.8	0.04	0.02	4.19	5.88	6.67
Current Unearned Revenue	6.37	8.78	1.99	0.22	0.35	6.51
Other Current Liabilities	2.62	2.2	2.04	1.96	1.61	1.97
Total Current Liabilities	259.02	208.18	166.85	148.19	99.79	144.96
Long-Term Leases	20.36	24.91	11.91	16.96	16.83	-
Long-Term Deferred Tax Liabilities	-	-	0.18	0.19	-	-
Total Liabilities	279.38	233.09	178.94	165.35	116.61	144.96
Common Stock	76	76	76	76	76	57
Additional Paid-In Capital	476.13	477.19	476.32	472.82	472.34	121.5
Retained Earnings	-97.77	-49.89	-61.53	34.79	130.3	53.86
Total Common Equity	454.35	503.3	490.79	583.61	678.64	232.36
Shareholders' Equity	454.35	503.3	490.79	583.61	678.64	232.36
Total Liabilities & Equity	733.74	736.39	669.73	748.96	795.25	377.32
Total Debt	156.24	98.55	66.24	102	66.26	37.76
Net Cash (Debt)	44.42	124.48	172.62	183.24	308	73.4
Net Cash Growth	-65.83%	-27.89%	-5.79%	-40.51%	319.64%	-
Net Cash Per Share	0.59	1.60	2.26	2.40	5.12	1.37
Filing Date Shares Outstanding	76	76	76	76	76	57
Total Common Shares Outstanding	76	76	76	76	76	57
Working Capital	359.18	404.82	434.6	552.21	650.15	221.71
Book Value Per Share	5.98	6.62	6.46	7.68	8.93	4.08
Tangible Book Value	453.21	501.61	488.28	580.33	677.1	231.49
Tangible Book Value Per Share	5.96	6.60	6.42	7.64	8.91	4.06
Machinery	-	56.17	38.64	21	16.35	11.01
Construction In Progress	-	7.75	-	-	-	-

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