SHA:688326 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	740.91	1,506	3,293	3,496	937.05	846.84
Short-Term Investments	-	-	-	13.47	-	-
Trading Asset Securities	651.01	506.43	-	607.11	56.64	151.62
Cash & Short-Term Investments	1,392	2,012	3,293	4,116	993.68	998.45
Cash Growth	-23.91%	-38.89%	-20.01%	314.23%	-0.48%	94.63%
Accounts Receivable	2,111	2,203	1,639	1,171	931.12	1,165
Other Receivables	27.13	19.38	38.85	46.96	18.08	17.38
Receivables	2,138	2,222	1,678	1,218	949.2	1,183
Inventory	1,899	1,482	1,620	1,567	1,360	882.64
Prepaid Expenses	-	26.78	16.87	10.85	12.3	-
Other Current Assets	146.62	96.06	48.81	41.41	51.86	41.55
Total Current Assets	5,575	5,839	6,656	6,954	3,367	3,105
Property, Plant & Equipment	2,013	1,709	1,342	1,032	625.84	270.89
Long-Term Investments	282.4	269.4	294.44	149.24	8.9	14.57
Other Intangible Assets	813.18	721.53	461.94	405.71	271.26	259.12
Long-Term Deferred Tax Assets	302.65	271.41	219.61	149	106.26	88.06
Long-Term Deferred Charges	633.68	485.4	274.04	123.38	92.18	135.27
Other Long-Term Assets	85.19	110.99	80.29	54.52	33.32	28.56
Total Assets	9,705	9,407	9,328	8,868	4,505	3,902
Accounts Payable	2,583	2,693	2,181	1,510	1,130	866.94
Accrued Expenses	575.11	586	491.96	447.77	340.53	231.03
Short-Term Debt	932.28	567.93	183.64	-	6.01	167.58
Current Portion of Long-Term Debt	83.55	40.03	-	-	-	-
Current Portion of Leases	-	38.17	44.33	40.19	19.41	-
Current Income Taxes Payable	28.88	-	-	-	0	72.58
Current Unearned Revenue	659.5	558.27	746.95	1,051	1,033	767.55
Other Current Liabilities	235.32	205.8	225.41	144.82	154.91	271.69
Total Current Liabilities	5,098	4,689	3,873	3,194	2,684	2,377
Long-Term Debt	145.08	-	-	-	-	-
Long-Term Leases	38.35	41.07	65.96	85.11	44.58	0.12
Long-Term Unearned Revenue	357.47	324.33	320.95	234.58	209.54	148.48
Long-Term Deferred Tax Liabilities	3.29	-	2.28	-	2.35	0.25
Other Long-Term Liabilities	-	76.65	63.94	53.05	45.38	39.43
Total Liabilities	5,642	5,131	4,326	3,567	2,986	2,566
Common Stock	119.96	119.98	120	120	90	90
Additional Paid-In Capital	4,758	4,730	4,658	4,633	1,121	1,084
Retained Earnings	-299.52	-224.47	325.84	543.1	307.57	161.38
Treasury Stock	-659.46	-460.75	-154.8	-	-	-
Comprehensive Income & Other	23.19	19.01	12.62	4.64	0.31	0.7
Total Common Equity	3,942	4,184	4,962	5,301	1,519	1,336
Minority Interest	121.28	92.48	40	-	-	-
Shareholders' Equity	4,063	4,276	5,002	5,301	1,519	1,336
Total Liabilities & Equity	9,705	9,407	9,328	8,868	4,505	3,902
Total Debt	1,199	687.2	293.94	125.3	70	167.7
Net Cash (Debt)	192.65	1,325	2,999	3,991	923.69	830.75
Net Cash Growth	-82.13%	-55.82%	-24.86%	332.05%	11.19%	254.12%
Net Cash Per Share	1.71	11.51	25.12	36.23	10.24	9.80
Filing Date Shares Outstanding	112.54	114.77	118.48	120	120	90
Total Common Shares Outstanding	112.54	114.77	118.48	120	90	90
Working Capital	477.17	1,150	2,783	3,760	683.29	727.82
Book Value Per Share	35.03	36.45	41.88	44.18	16.88	14.84
Tangible Book Value	3,129	3,462	4,500	4,895	1,248	1,077
Tangible Book Value Per Share	27.80	30.16	37.98	40.80	13.87	11.97
Buildings	-	903.81	615.73	151.6	128.79	118.22
Machinery	-	745.35	581.12	439.15	282.61	181.9
Construction In Progress	-	210.12	173.09	386.91	173.39	27.38

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.