SHA:688319 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	169.67	224.16	362.07	269.23	254.37	103.98
Trading Asset Securities	47.6	17.5	0	90	200	10
Cash & Short-Term Investments	217.27	241.66	362.07	359.23	454.37	113.98
Cash Growth	-19.37%	-33.26%	0.79%	-20.94%	298.63%	19.21%
Accounts Receivable	665.08	570.35	491.55	491.69	342.52	192.26
Other Receivables	2.62	1	1.1	3.78	1.1	0.81
Receivables	667.71	571.35	492.65	495.48	343.62	193.06
Inventory	68.8	85.68	72.12	78.52	74.5	46
Prepaid Expenses	-	-	0	0	0.06	-
Other Current Assets	10.44	9.45	4.35	2.66	2.42	9.71
Total Current Assets	964.22	908.14	931.19	935.89	874.98	362.76
Property, Plant & Equipment	603.49	572.3	425.87	378.35	259.27	240.39
Other Intangible Assets	17.24	16.33	16.82	17.51	13.78	12.22
Long-Term Deferred Tax Assets	22.72	18.21	14.07	9.56	7.11	-
Long-Term Deferred Charges	336.73	291.5	195.76	132.31	34.93	19.74
Other Long-Term Assets	0.58	0.56	28.89	5.24	21.82	6.15
Total Assets	1,945	1,807	1,613	1,479	1,212	641.26
Accounts Payable	116.33	86.29	40.06	80.68	34.28	33.08
Accrued Expenses	0.45	368.06	346.13	321.65	251.98	167.58
Short-Term Debt	20	24.2	24.2	85	35	25
Current Portion of Long-Term Debt	78.7	87.42	31.69	10	-	-
Current Income Taxes Payable	9.12	9.44	3.74	9.46	4.03	-
Current Unearned Revenue	2.12	0.51	3.62	6.71	7.5	2.56
Other Current Liabilities	405.67	19.67	26.79	11.73	8.88	11.6
Total Current Liabilities	632.39	595.59	476.22	525.23	341.66	239.83
Long-Term Debt	289.33	249.53	177.29	29.99	-	-
Long-Term Leases	8.65	0.64	4.43	9.04	3.25	2.49
Long-Term Unearned Revenue	26.35	24.79	19.98	20.11	18.67	19.13
Long-Term Deferred Tax Liabilities	8.26	2.46	2.72	2.56	2.3	-
Other Long-Term Liabilities	11.65	0.53	1.21	0.09	1.33	2.84
Total Liabilities	976.63	873.54	681.84	587.02	367.22	264.29
Common Stock	405.93	405.93	406.16	405.27	405.27	364.74
Additional Paid-In Capital	593.69	606	605.75	580.95	570.56	251.37
Retained Earnings	-34.22	-81.7	-87.04	-104.59	-131.17	-239.13
Treasury Stock	-5.56	-5.56	-7.96	-	-	-
Total Common Equity	959.85	924.68	916.91	881.63	844.66	376.97
Minority Interest	8.49	8.82	13.86	10.22	-	-
Shareholders' Equity	968.34	933.5	930.77	891.85	844.66	376.97
Total Liabilities & Equity	1,945	1,807	1,613	1,479	1,212	641.26
Total Debt	396.68	361.79	237.61	134.03	38.25	27.49
Net Cash (Debt)	-179.41	-120.13	124.47	225.2	416.11	86.49
Net Cash Growth	-	-	-44.73%	-45.88%	381.08%	0.86%
Net Cash Per Share	-0.44	-0.30	0.31	0.56	1.08	0.24
Filing Date Shares Outstanding	405.93	405.93	406.16	405.27	405.27	364.74
Total Common Shares Outstanding	405.93	405.93	406.16	405.27	405.27	364.74
Working Capital	331.83	312.55	454.97	410.67	533.31	122.93
Book Value Per Share	2.36	2.28	2.26	2.18	2.08	1.03
Tangible Book Value	942.6	908.35	900.08	864.11	830.88	364.75
Tangible Book Value Per Share	2.32	2.24	2.22	2.13	2.05	1.00
Buildings	-	224.69	96.22	103.17	103.17	-
Machinery	-	318.26	299.39	261.88	245.29	-
Construction In Progress	-	211.27	181.35	135.49	11.63	-

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