SHA:688333 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,013	1,186	3,161	262.11	186.12	241.34
Trading Asset Securities	680	1,005	-	30.01	-	160.42
Cash & Short-Term Investments	1,693	2,190	3,161	292.12	186.12	401.76
Cash Growth	-28.58%	-30.70%	982.01%	56.95%	-53.67%	-36.77%
Accounts Receivable	1,449	1,146	974.45	704.2	388.83	359.17
Other Receivables	26.29	22.6	38.35	41.79	20.78	5.95
Receivables	1,476	1,169	1,013	745.98	409.62	365.12
Inventory	1,450	827.39	557.04	539.01	390.52	195.31
Prepaid Expenses	-	-	-	-	-	0.52
Other Current Assets	154.37	86.23	33.33	31.54	33.91	30.93
Total Current Assets	4,774	4,273	4,764	1,609	1,020	993.64
Property, Plant & Equipment	3,334	2,550	1,434	1,188	926.16	616.08
Long-Term Investments	61.44	33.26	25.87	22.48	22.5	-
Other Intangible Assets	313.2	248.59	174.81	91.22	47.26	48.83
Long-Term Accounts Receivable	-	-	0.12	8.12	15.08	2.51
Long-Term Deferred Tax Assets	96.82	95.9	79.58	72.12	37.06	11.48
Long-Term Deferred Charges	7.54	7.08	3.42	6.65	1.51	1.25
Other Long-Term Assets	18.2	77.71	43.7	34.66	37.97	4.99
Total Assets	8,604	7,286	6,526	3,032	2,108	1,679
Accounts Payable	1,481	676.14	314.47	372.32	205.59	91.3
Accrued Expenses	99.14	93	119.13	142.63	49.16	30.26
Short-Term Debt	938.77	504.16	609.92	412.17	86.95	24.65
Current Portion of Long-Term Debt	55.73	103.03	46.33	15.16	8.77	-
Current Portion of Leases	-	6.4	7.24	5.35	4.25	-
Current Income Taxes Payable	10.17	0.85	0.15	0.01	0.25	11.62
Current Unearned Revenue	153.33	68.06	24.99	55.11	38.08	15.62
Other Current Liabilities	98.6	401.29	260.4	162.3	118.35	68.09
Total Current Liabilities	2,837	1,853	1,383	1,165	511.4	241.54
Long-Term Debt	605.47	386.32	175.47	107.96	91.42	60
Long-Term Leases	9.54	6.87	7.57	5.59	7.96	-
Long-Term Unearned Revenue	115.47	131.19	149.67	83.14	75.37	67.88
Long-Term Deferred Tax Liabilities	11.07	11.87	13.26	14.37	1.98	1.86
Other Long-Term Liabilities	94.04	78.58	58.82	126.08	132.18	145.75
Total Liabilities	3,673	2,468	1,787	1,502	820.32	517.02
Common Stock	274.32	271.77	192.29	113.11	80.79	80
Additional Paid-In Capital	4,193	4,174	4,188	1,163	1,032	844.67
Retained Earnings	554.54	428.98	352.88	250.64	171.14	233.13
Treasury Stock	-98.58	-62.66	-	-	-	-
Comprehensive Income & Other	8.95	5.87	4.95	3.01	3.04	3.96
Total Common Equity	4,932	4,818	4,738	1,529	1,287	1,162
Shareholders' Equity	4,932	4,818	4,738	1,529	1,287	1,162
Total Liabilities & Equity	8,604	7,286	6,526	3,032	2,108	1,679
Total Debt	1,610	1,007	846.52	546.23	199.36	84.65
Net Cash (Debt)	83.85	1,184	2,314	-254.12	-13.24	317.11
Net Cash Growth	-94.32%	-48.85%	-	-	-	-35.25%
Net Cash Per Share	0.31	4.33	14.29	-1.11	-0.06	1.44
Filing Date Shares Outstanding	268.64	269.48	269.2	221.69	221.69	219.52
Total Common Shares Outstanding	268.64	269.48	269.2	221.69	221.69	219.52
Working Capital	1,937	2,420	3,381	443.59	508.76	752.11
Book Value Per Share	18.36	17.88	17.60	6.90	5.81	5.29
Tangible Book Value	4,619	4,569	4,563	1,438	1,240	1,113
Tangible Book Value Per Share	17.19	16.96	16.95	6.49	5.59	5.07
Buildings	-	528.47	421.04	421.04	419.25	-
Machinery	-	1,368	948.71	756.03	422	-
Construction In Progress	-	1,042	340.25	164.73	191.07	-

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