SHA:688334 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	958.1	1,054	863.75	286.27	455.41	186.78
Short-Term Investments	569.25	267.48	430.14	-	-	-
Cash & Short-Term Investments	1,782	1,322	1,294	286.27	455.41	186.78
Cash Growth	45.55%	2.16%	351.98%	-37.14%	143.82%	-16.76%
Accounts Receivable	188.83	172.14	216.11	92.34	103.38	112.1
Other Receivables	1.44	0.81	25.31	6.66	1.47	2.08
Receivables	190.26	172.96	241.41	99.01	104.85	114.18
Inventory	55.86	51.85	54.02	79.22	74.48	92.19
Prepaid Expenses	-	8.83	11.08	16.57	10.41	15.57
Other Current Assets	24.78	21.62	22.2	21.83	10.45	6.81
Total Current Assets	2,053	1,577	1,623	502.9	655.61	415.53
Property, Plant & Equipment	1,007	1,095	922.13	883.99	940.8	745.82
Long-Term Investments	456.94	718.69	927.9	720.7	437.78	41.8
Goodwill	23.72	23.72	23.72	24.4	25.54	-
Other Intangible Assets	120.94	127.24	102.84	104.17	103.6	62.91
Long-Term Accounts Receivable	-	-	-	0.02	-	-
Long-Term Deferred Tax Assets	2.91	3	3.76	1.81	2.49	7.11
Other Long-Term Assets	16.2	3.4	32.98	16.86	5.9	4.73
Total Assets	3,681	3,548	3,636	2,255	2,172	1,278
Accounts Payable	73.7	124.43	148.18	44.53	39.52	41.62
Accrued Expenses	50	12.03	7.45	7.51	9.98	9.21
Current Portion of Long-Term Debt	4.89	3.8	3.8	3.8	3.8	3.8
Current Portion of Leases	-	3.8	3.64	3.13	2.99	-
Current Income Taxes Payable	18.34	5.97	7.15	-	1.06	6.67
Current Unearned Revenue	293.29	282.27	195.33	171.5	170.8	182.6
Other Current Liabilities	22.67	58.32	24.79	5.86	31.97	141.07
Total Current Liabilities	462.89	490.63	390.33	236.34	260.11	384.97
Long-Term Debt	43.22	9.6	13.41	17.21	21.01	24.81
Long-Term Leases	0.06	0.19	4.86	6.7	9.84	-
Long-Term Unearned Revenue	71.7	80.19	90.04	104.04	124.34	149.62
Pension & Post-Retirement Benefits	-	11.16	10.05	7.9	9.05	8.64
Long-Term Deferred Tax Liabilities	26.65	26.99	28.87	30.96	26.55	2.34
Other Long-Term Liabilities	11.78	0.46	1.2	1.04	1.43	25.11
Total Liabilities	616.3	619.24	538.75	404.18	452.34	595.49
Common Stock	316.58	316.58	316.58	237.43	237.43	140.68
Additional Paid-In Capital	2,127	2,127	2,473	1,509	1,509	393.05
Retained Earnings	415.34	335.29	269.65	103.99	-26.37	154.28
Comprehensive Income & Other	-0.68	-0.6	0.01	0.08	-0.85	-5.59
Total Common Equity	2,858	2,778	3,060	1,851	1,719	682.42
Minority Interest	207.03	150.72	37.61	-	-	-
Shareholders' Equity	3,065	2,929	3,097	1,851	1,719	682.42
Total Liabilities & Equity	3,681	3,548	3,636	2,255	2,172	1,278
Total Debt	48.17	17.4	25.71	30.84	37.63	28.61
Net Cash (Debt)	1,734	1,304	1,268	255.43	417.77	158.17
Net Cash Growth	44.23%	2.86%	396.49%	-38.86%	164.12%	-19.21%
Net Cash Per Share	5.48	4.12	4.58	1.08	2.66	-
Filing Date Shares Outstanding	316.58	316.58	316.58	237.43	237.43	-
Total Common Shares Outstanding	316.58	316.58	316.58	237.43	237.43	-
Working Capital	1,590	1,086	1,232	266.56	395.5	30.56
Book Value Per Share	9.03	8.78	9.66	7.79	7.24	-
Tangible Book Value	2,713	2,627	2,933	1,722	1,590	619.5
Tangible Book Value Per Share	8.57	8.30	9.26	7.25	6.70	-
Buildings	-	844.53	692.38	690.95	691.09	433.28
Machinery	-	2,027	1,882	1,718	1,655	1,418
Construction In Progress	-	6.67	6.84	2.63	13.83	16.65

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