SHA:688288 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	49.59	110.15	85.75	207.24	397.33	354.33
Short-Term Investments	-	-	-	-	-	183
Trading Asset Securities	135.28	83.15	77.33	68.72	24.17	-
Cash & Short-Term Investments	184.87	193.3	163.08	275.95	421.5	537.33
Cash Growth	19.09%	18.53%	-40.90%	-34.53%	-21.56%	-10.89%
Accounts Receivable	461.79	403.14	325.7	216.72	235.68	314.48
Other Receivables	1.98	2.25	2.98	3.23	3.76	3.78
Receivables	463.77	405.39	328.69	219.96	239.44	318.26
Inventory	109.3	73.57	103.36	78.08	122.88	62.11
Other Current Assets	26.58	21.22	29.19	38.12	16.67	5.83
Total Current Assets	784.52	693.48	624.32	612.11	800.5	923.53
Property, Plant & Equipment	249.37	247.66	259.21	191.71	213.19	93.78
Long-Term Investments	100.38	88.8	108.64	56.2	50	50
Goodwill	7.13	7.13	7.13	7.13	7.13	8.61
Other Intangible Assets	18.17	19.05	17.65	15.26	19.11	18.28
Long-Term Deferred Tax Assets	-	-	-	16.67	17.3	7.32
Long-Term Deferred Charges	2.9	2.91	2.36	1.91	4.85	5.72
Other Long-Term Assets	7.5	2.25	0.47	79.05	0.69	27.14
Total Assets	1,170	1,066	1,025	984.66	1,115	1,134
Accounts Payable	96.64	91.7	93.3	41.43	82.67	114.69
Accrued Expenses	26.92	35.68	41.33	38.54	29.64	23.22
Short-Term Debt	160.98	169.21	80.08	65.06	55.06	55.07
Current Portion of Long-Term Debt	1.93	-	20.02	-	-	-
Current Portion of Leases	-	2.25	2.19	1.24	4.66	-
Current Income Taxes Payable	1.02	-	-	-	-	3.65
Current Unearned Revenue	21.37	17.66	22.01	15.11	10.34	8.96
Other Current Liabilities	76.32	18.74	8.09	7.87	4.51	2.36
Total Current Liabilities	385.18	335.25	267.02	169.25	186.88	207.95
Long-Term Leases	4.86	-	1.3	2.31	4.84	-
Long-Term Unearned Revenue	5.09	3.67	3.81	2.46	2.45	5.83
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.24
Other Long-Term Liabilities	-	-	4.78	4.07	3.57	3.34
Total Liabilities	395.13	338.92	276.91	178.09	197.75	217.37
Common Stock	99.81	100.64	100.34	100.34	100.34	100
Additional Paid-In Capital	654.93	667.12	664.62	652.98	654.13	652.55
Retained Earnings	19.52	-21.53	-18.59	53.01	159.05	164.48
Treasury Stock	-	-20.02	-	-	-	-
Total Common Equity	774.27	726.21	746.38	806.33	913.53	917.03
Minority Interest	0.57	0.43	1.42	0.24	3.98	-
Shareholders' Equity	774.84	726.64	747.8	806.57	917.51	917.03
Total Liabilities & Equity	1,170	1,066	1,025	984.66	1,115	1,134
Total Debt	167.77	171.47	103.59	68.62	64.56	55.07
Net Cash (Debt)	17.1	21.84	59.49	207.34	356.94	482.26
Net Cash Growth	-	-63.29%	-71.31%	-41.91%	-25.99%	-19.35%
Net Cash Per Share	0.16	0.22	0.59	2.07	3.62	4.81
Filing Date Shares Outstanding	99.81	100.34	100.34	100.34	100.34	100
Total Common Shares Outstanding	99.81	100.34	100.34	100.34	100.34	100
Working Capital	399.34	358.23	357.29	442.86	613.62	715.58
Book Value Per Share	7.76	7.24	7.44	8.04	9.10	9.17
Tangible Book Value	748.97	700.03	721.59	783.94	887.3	890.14
Tangible Book Value Per Share	7.50	6.98	7.19	7.81	8.84	8.90
Buildings	-	251.38	246.67	159.01	59.66	37.01
Machinery	-	18.34	67.4	16.4	45.21	28.89
Construction In Progress	-	0.3	2.96	10.2	122.69	42.1

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