SHA:688318 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	609.55	512.2	717.43	608.83	557.22	769.58
Short-Term Investments	-	165.49	940.61	2,079	1,975	1,447
Trading Asset Securities	1,563	1,566	1,616	167.16	182.22	165.89
Cash & Short-Term Investments	2,172	2,243	3,274	2,855	2,714	2,383
Cash Growth	17.54%	-31.49%	14.69%	5.19%	13.90%	143.87%
Accounts Receivable	27.27	45.21	49.39	33.16	16.37	17.79
Other Receivables	1.61	1.15	3.25	39.64	23.86	14.25
Receivables	28.88	46.37	52.64	72.81	40.23	32.04
Inventory	0.62	0.72	1.86	5.29	0.38	0.89
Other Current Assets	154.21	11.18	9.9	8.41	4.85	4.01
Total Current Assets	2,356	2,302	3,339	2,942	2,760	2,420
Property, Plant & Equipment	132.78	102.33	48.87	22.51	13.93	11.19
Long-Term Investments	752.18	1,376	207.57	366.56	490.76	588.23
Other Intangible Assets	11.85	12.08	12.17	12.16	-	-
Long-Term Deferred Tax Assets	19.5	23.29	21.54	16.94	0.24	0.21
Long-Term Deferred Charges	0.04	0.26	0.49	0.86	1.21	0.09
Other Long-Term Assets	618.04	5.51	6.56	7.15	8.28	8.94
Total Assets	3,890	3,821	3,636	3,368	3,274	3,029
Accounts Payable	27.42	33.4	13.13	-	0.89	0.89
Accrued Expenses	4.83	18.25	19.99	26.3	22.26	21.79
Current Portion of Leases	-	0.55	1.26	1.15	1.21	-
Current Income Taxes Payable	6.54	21.99	19.15	13.9	12.81	10.97
Current Unearned Revenue	112.81	119.98	134.48	147.23	125.09	105.37
Other Current Liabilities	0.39	9.33	8.65	0.62	0.5	0.58
Total Current Liabilities	174.13	203.5	196.66	189.2	162.74	139.6
Long-Term Leases	0.39	0.11	0.97	1.87	3.01	-
Long-Term Unearned Revenue	1.73	-	-	4.09	-	-
Long-Term Deferred Tax Liabilities	7.61	2.9	3.35	2.72	1.55	1.89
Other Long-Term Liabilities	1.24	1.49	1.92	1.16	1.3	1.27
Total Liabilities	185.1	208	202.9	199.03	168.61	142.76
Common Stock	256.12	182.94	130.67	93.34	66.67	66.67
Additional Paid-In Capital	1,580	1,653	1,705	1,743	1,769	1,769
Retained Earnings	1,865	1,773	1,593	1,329	1,269	1,046
Comprehensive Income & Other	3.19	3.73	2.94	2.44	0.35	3.19
Total Common Equity	3,705	3,612	3,432	3,168	3,105	2,886
Minority Interest	0.73	0.73	0.71	0.93	-	-
Shareholders' Equity	3,705	3,613	3,433	3,169	3,105	2,886
Total Liabilities & Equity	3,890	3,821	3,636	3,368	3,274	3,029
Total Debt	22.51	0.67	2.24	3.01	4.22	-
Net Cash (Debt)	2,150	2,243	3,272	2,852	2,710	2,383
Net Cash Growth	20.96%	-31.46%	14.73%	5.24%	13.72%	143.87%
Net Cash Per Share	8.42	8.75	12.79	11.18	10.59	10.15
Filing Date Shares Outstanding	256.12	256.12	256.12	256.12	256.12	256.12
Total Common Shares Outstanding	256.12	256.12	256.12	256.12	256.12	256.12
Working Capital	2,182	2,098	3,142	2,752	2,597	2,280
Book Value Per Share	14.46	14.10	13.40	12.37	12.12	11.27
Tangible Book Value	3,693	3,600	3,420	3,156	3,105	2,886
Tangible Book Value Per Share	14.42	14.06	13.35	12.32	12.12	11.27
Buildings	-	24.84	19.22	19.22	17.74	17.74
Machinery	-	13.13	12.33	12.17	8.51	7
Construction In Progress	-	92.42	36.45	7.99	-	1.25

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