SHA:688299 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	297.44	285.96	347.26	376.49	518.44	330.03
Trading Asset Securities	-	-	40	50	200.36	400
Cash & Short-Term Investments	297.44	285.96	387.26	426.49	718.81	730.03
Cash Growth	-23.01%	-26.16%	-9.20%	-40.67%	-1.54%	-11.86%
Accounts Receivable	602.69	659.09	614.69	508.23	501.09	453.03
Other Receivables	66.36	51.96	55.47	19.32	13.36	11.63
Receivables	669.05	711.05	670.16	527.55	514.45	464.66
Inventory	249.56	260.71	272.4	212.52	168.21	87.72
Other Current Assets	37.17	45.84	22.78	19.07	25.07	19.78
Total Current Assets	1,253	1,304	1,353	1,186	1,427	1,302
Property, Plant & Equipment	1,815	1,837	1,769	1,119	833.39	661.59
Long-Term Investments	36.68	8.69	11.55	3.67	-	-
Other Intangible Assets	187.77	190.51	165.58	171.65	133.16	137.95
Long-Term Deferred Tax Assets	20.77	19.29	20.75	20.53	20.38	13.87
Long-Term Deferred Charges	1.25	1.25	1.86	1.79	3.03	2.21
Other Long-Term Assets	51.62	22.36	15.51	199.05	70.01	64.01
Total Assets	3,366	3,383	3,337	2,701	2,487	2,182
Accounts Payable	467.95	437.04	415.6	274.9	273.34	241.29
Accrued Expenses	15.27	26.37	35.42	29.73	21.95	29.88
Short-Term Debt	80.84	47.93	9.51	30.02	50.05	20.02
Current Portion of Long-Term Debt	102.97	130.99	32.06	-	-	-
Current Income Taxes Payable	8.41	3.38	3.95	2.94	6.85	12.98
Current Unearned Revenue	4.25	0.66	0.98	2.1	4.55	1.81
Other Current Liabilities	75.1	82.75	66.95	59.46	69.82	66.24
Total Current Liabilities	754.79	729.13	564.46	399.14	426.55	372.22
Long-Term Debt	411.61	462.34	494.78	146.31	-	-
Long-Term Unearned Revenue	116.55	102.65	95.38	81.72	72.07	59.89
Long-Term Deferred Tax Liabilities	1.16	1.24	1.44	1.6	-	-
Total Liabilities	1,284	1,295	1,156	628.78	498.62	432.11
Common Stock	287.39	290.5	290.5	286.83	285.18	282.57
Additional Paid-In Capital	1,152	1,199	1,199	1,156	1,130	1,053
Retained Earnings	690.28	695.62	739.17	657.95	572.86	414.33
Treasury Stock	-50.1	-100.12	-50.02	-30.01	-	-
Comprehensive Income & Other	2.21	2.19	1.97	1.92	-0.35	-0.1
Shareholders' Equity	2,082	2,087	2,181	2,073	1,988	1,750
Total Liabilities & Equity	3,366	3,383	3,337	2,701	2,487	2,182
Total Debt	595.42	641.27	536.35	176.34	50.05	20.02
Net Cash (Debt)	-297.98	-355.31	-149.08	250.15	668.76	710.01
Net Cash Growth	-	-	-	-62.59%	-5.81%	-1.49%
Net Cash Per Share	-1.01	-1.21	-0.53	0.88	2.33	2.53
Filing Date Shares Outstanding	282.29	282.29	287.39	285	285.18	282.57
Total Common Shares Outstanding	282.29	282.29	287.39	285	285.18	282.57
Working Capital	498.44	574.44	788.15	786.48	999.98	929.96
Book Value Per Share	7.38	7.39	7.59	7.27	6.97	6.19
Tangible Book Value	1,894	1,897	2,015	1,901	1,855	1,612
Tangible Book Value Per Share	6.71	6.72	7.01	6.67	6.50	5.70
Buildings	-	888.82	826.31	519.97	261.89	252.42
Machinery	-	1,040	1,054	711.19	631.55	493.96
Construction In Progress	-	303.28	205.96	143.27	143.62	85.45

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