SHA:688298 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	2,431	3,081	4,165	6,597	6,098	2,039
Short-Term Investments	-	-	-	-	31.15	-
Trading Asset Securities	211.69	207.58	1,052	1,161	168.07	199
Cash & Short-Term Investments	2,643	3,289	5,217	7,758	6,297	2,238
Cash Growth	-28.70%	-36.95%	-32.75%	23.19%	181.43%	2519.03%
Accounts Receivable	226.66	230.17	207.74	309.36	1,184	625.82
Other Receivables	10.44	19.12	20.7	73.13	53.96	43.83
Receivables	237.11	249.28	228.44	382.49	1,238	669.65
Inventory	332.05	308.96	346.78	431.92	470.56	381.58
Other Current Assets	153.96	131.45	104.01	175.42	120.06	30.5
Total Current Assets	3,366	3,979	5,896	8,747	8,126	3,319
Property, Plant & Equipment	2,827	2,741	2,261	1,074	481.34	162.39
Long-Term Investments	48.52	50.27	52.35	35.59	25.45	-
Goodwill	-	-	-	-	15.41	-
Other Intangible Assets	930.15	690.91	478.81	481.24	111.48	14.13
Long-Term Deferred Tax Assets	272.74	268.47	218.26	193.23	69.68	45.46
Long-Term Deferred Charges	47.88	59.71	61.05	36.32	7.37	5.08
Other Long-Term Assets	15.43	305.85	28.05	135.63	139.81	26.82
Total Assets	7,508	8,095	8,996	10,704	8,977	3,573
Accounts Payable	479.04	515.49	600.49	1,580	1,174	371.97
Accrued Expenses	41.97	72.03	68.45	218.81	175.55	97.64
Short-Term Debt	103.26	116.78	198.22	-	-	-
Current Portion of Long-Term Debt	-	300.22	50.3	-	-	-
Current Portion of Leases	15.11	24.6	15.86	3.55	5.84	-
Current Income Taxes Payable	6.2	3.41	3.77	17.67	606.85	309.31
Current Unearned Revenue	33.25	30.99	34.77	339.14	71.19	325.7
Other Current Liabilities	107.74	140.29	113.93	119.24	25.4	8.38
Total Current Liabilities	786.58	1,204	1,086	2,278	2,059	1,113
Long-Term Debt	159.09	-	300	50	-	-
Long-Term Leases	28.94	47.17	43.96	28.65	12.65	-
Long-Term Unearned Revenue	34.23	34.48	10.75	17.46	17.01	8.8
Long-Term Deferred Tax Liabilities	0.05	0.23	0.04	2.76	-	-
Other Long-Term Liabilities	6.02	17.47	5.7	3.39	-	-
Total Liabilities	1,015	1,303	1,446	2,381	2,088	1,122
Common Stock	201.6	201.6	201.6	168	120	120
Additional Paid-In Capital	397.89	397.89	395.42	436.32	549.21	549.21
Retained Earnings	6,055	6,268	6,797	7,530	6,201	1,785
Treasury Stock	-326.94	-276.95	-	-	-	-
Comprehensive Income & Other	33.11	54.9	42.37	28.27	-12.72	-7.76
Total Common Equity	6,361	6,645	7,436	8,163	6,857	2,446
Minority Interest	132.14	146.34	113.66	160.15	31.62	5.37
Shareholders' Equity	6,493	6,791	7,550	8,323	6,889	2,451
Total Liabilities & Equity	7,508	8,095	8,996	10,704	8,977	3,573
Total Debt	306.41	488.76	608.33	82.2	18.49	-
Net Cash (Debt)	2,336	2,800	4,609	7,675	6,279	2,238
Net Cash Growth	-25.66%	-39.24%	-39.95%	22.24%	180.61%	3729.37%
Net Cash Per Share	12.12	14.24	22.84	38.08	31.14	11.34
Filing Date Shares Outstanding	191.58	193.2	201.6	201.6	201.6	201.6
Total Common Shares Outstanding	191.58	193.2	201.6	201.6	201.6	201.6
Working Capital	2,579	2,775	4,810	6,469	6,068	2,206
Book Value Per Share	33.20	34.40	36.89	40.49	34.01	12.13
Tangible Book Value	5,431	5,954	6,957	7,682	6,730	2,432
Tangible Book Value Per Share	28.35	30.82	34.51	38.10	33.38	12.06
Buildings	-	1,465	1,296	586.6	243.61	93.73
Machinery	-	437.85	360.52	262.56	177.03	38.6
Construction In Progress	-	1,134	796.48	369.99	112.45	70.29

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