SHA:688328 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	208.41	191.7	146.93	314.93	239.3	217.97
Short-Term Investments	-	21.53	-	-	-	-
Trading Asset Securities	80.05	29.06	171.17	86.64	-	-
Cash & Short-Term Investments	288.46	242.29	318.1	401.56	239.3	217.97
Cash Growth	27.61%	-23.83%	-20.78%	67.81%	9.79%	26.26%
Accounts Receivable	497.91	520.47	504.59	576.66	639.64	467.31
Other Receivables	11.05	6.71	12.93	23.77	18.17	21.81
Receivables	508.96	527.18	517.52	600.42	657.81	489.12
Inventory	298.67	318.83	229.24	242.33	230.98	246.75
Other Current Assets	43.99	48.05	80.65	32.48	32.09	11.91
Total Current Assets	1,140	1,136	1,146	1,277	1,160	965.75
Property, Plant & Equipment	328.77	351.86	387.66	447.67	277.36	20.28
Long-Term Investments	25.75	16.75	3	2.06	4.84	-
Goodwill	7.47	7.47	12.32	5.9	4.92	4.92
Other Intangible Assets	23.83	24.5	24.01	24.55	25.93	27.41
Long-Term Accounts Receivable	5.91	5.05	10.02	1.72	-	-
Long-Term Deferred Tax Assets	49.18	51.31	52.1	31	12.8	7.85
Long-Term Deferred Charges	13.45	16.38	17.76	13.91	0.93	3.22
Other Long-Term Assets	-	0.25	3.1	3.83	1.7	61.5
Total Assets	1,594	1,610	1,655	1,807	1,489	1,091
Accounts Payable	292.88	341.03	248.9	305.84	374.12	400.68
Accrued Expenses	28.36	34.36	48.73	59.01	51.01	44.61
Short-Term Debt	188.09	193.52	191.29	175.31	96.25	92.43
Current Portion of Long-Term Debt	4.52	-	-	-	-	-
Current Portion of Leases	-	1.05	0.88	4.86	2.93	0.75
Current Income Taxes Payable	5.05	0.35	2.33	2.76	0.55	2.62
Current Unearned Revenue	34.64	28.18	23.97	19.43	41.83	34.24
Other Current Liabilities	157.14	143.1	67.73	84.26	57.38	7.11
Total Current Liabilities	710.68	741.59	583.84	651.47	624.07	582.43
Long-Term Debt	35.25	-	103.66	337.77	48.9	22.56
Long-Term Leases	6.62	14.1	15.02	11.92	-	1.19
Long-Term Unearned Revenue	-	-	1.02	1.13	0.73	0.32
Long-Term Deferred Tax Liabilities	1.1	2.2	2.66	0.2	-	-
Total Liabilities	753.66	757.9	706.19	1,002	673.7	606.5
Common Stock	94.46	94.46	90.59	81.04	81.04	60.78
Additional Paid-In Capital	693.45	707.22	657.42	394.52	386.38	132.09
Retained Earnings	40.95	13.08	128.2	243.86	296.72	267.05
Treasury Stock	-	-4.5	-	-	-	-
Comprehensive Income & Other	-0.05	-0.02	5.64	19.28	-	-
Total Common Equity	828.81	810.23	881.85	738.7	764.14	459.92
Minority Interest	11.98	41.78	67.43	66.25	50.83	24.51
Shareholders' Equity	840.79	852.02	949.28	804.95	814.97	484.42
Total Liabilities & Equity	1,594	1,610	1,655	1,807	1,489	1,091
Total Debt	234.48	208.67	310.85	529.87	148.07	116.93
Net Cash (Debt)	53.98	33.61	7.26	-128.31	91.23	101.05
Net Cash Growth	-24.75%	363.11%	-	-	-9.72%	-32.29%
Net Cash Per Share	0.58	0.36	0.09	-1.58	1.19	1.67
Filing Date Shares Outstanding	94.46	94.46	90.59	81.04	81.04	81.04
Total Common Shares Outstanding	94.46	94.46	90.59	81.04	81.04	60.78
Working Capital	429.4	394.75	561.66	625.33	536.11	383.32
Book Value Per Share	8.77	8.58	9.73	9.12	9.43	7.57
Tangible Book Value	797.51	778.26	845.52	708.24	733.29	427.59
Tangible Book Value Per Share	8.44	8.24	9.33	8.74	9.05	7.03
Buildings	-	311.74	320.85	320.85	2.83	-
Machinery	-	77.05	84.43	126.22	20.15	-
Construction In Progress	-	1.11	0.58	-	261.17	-

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