SHA:688332 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	1,207	1,847	2,779	1,217	3.9	233.65
Trading Asset Securities	1,602	1,579	921.55	1,810	269.77	203.29
Cash & Short-Term Investments	2,809	3,426	3,701	3,027	273.67	436.94
Cash Growth	-16.48%	-7.43%	22.27%	1005.97%	-37.37%	202.69%
Accounts Receivable	68.72	69.14	52.75	50.49	3.37	1
Other Receivables	1.31	1.11	0.67	0.95	1.1	0.83
Receivables	70.03	70.25	53.41	51.44	4.47	1.83
Inventory	777.26	612.23	813.94	504.12	562.85	227.87
Other Current Assets	159.23	114.57	117.73	96.66	101.18	96.62
Total Current Assets	3,816	4,223	4,686	3,679	942.17	763.27
Property, Plant & Equipment	12.04	11.71	9.17	11.58	14.84	3.96
Long-Term Investments	587.25	279.75	94.25	-	-	-
Other Intangible Assets	24.99	9.65	8.38	15.76	1.23	1.26
Long-Term Deferred Tax Assets	10.76	11.58	0.1	-	-	-
Long-Term Deferred Charges	0.97	-	0.37	1.08	0.74	0.7
Other Long-Term Assets	4.49	2.84	2.79	0.03	0.26	0.03
Total Assets	4,456	4,539	4,801	3,707	959.23	769.22
Accounts Payable	185.99	131.84	135.44	127.61	55.95	49.89
Accrued Expenses	6.04	32.07	29.79	21.16	14.62	12.98
Short-Term Debt	135.1	302.58	800.25	-	-	9.91
Current Portion of Long-Term Debt	3.28	49.03	50.04	-	-	-
Current Portion of Leases	-	2.63	2.22	5.04	3.86	-
Current Income Taxes Payable	1.2	0.95	0	-	-	-
Current Unearned Revenue	12.13	4.21	1.17	1.66	1.5	20.47
Other Current Liabilities	2.45	5.48	5.7	4.57	5.63	5.7
Total Current Liabilities	346.19	528.77	1,025	160.04	81.56	98.96
Long-Term Leases	2.02	3.39	2.24	1.71	5.12	-
Long-Term Unearned Revenue	-	0.57	1	-	-	-
Long-Term Deferred Tax Liabilities	1.69	3.04	0.18	-	-	-
Total Liabilities	349.9	535.77	1,028	161.75	86.68	98.96
Common Stock	120.6	120.31	120	120	90	90
Additional Paid-In Capital	2,905	2,892	2,865	2,845	277.25	297.31
Retained Earnings	1,069	978.39	777.89	580.2	505.3	282.96
Total Common Equity	4,095	3,990	3,763	3,546	872.55	670.26
Minority Interest	10.97	12.34	9.74	-	-	-
Shareholders' Equity	4,106	4,003	3,773	3,546	872.55	670.26
Total Liabilities & Equity	4,456	4,539	4,801	3,707	959.23	769.22
Total Debt	140.4	357.62	854.74	6.75	8.98	9.91
Net Cash (Debt)	2,669	3,068	2,846	3,020	264.69	427.03
Net Cash Growth	-7.53%	7.81%	-5.76%	1040.94%	-38.02%	196.02%
Net Cash Per Share	22.07	25.46	23.63	29.36	2.94	4.91
Filing Date Shares Outstanding	120.6	120.31	120	120	90	90
Total Common Shares Outstanding	120.6	120.31	120	120	90	90
Working Capital	3,470	3,694	3,661	3,519	860.61	664.31
Book Value Per Share	33.96	33.17	31.36	29.55	9.69	7.45
Tangible Book Value	4,070	3,981	3,755	3,530	871.32	669
Tangible Book Value Per Share	33.75	33.09	31.29	29.42	9.68	7.43
Machinery	-	17.83	14.59	12.55	10.73	6.14

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