SHA:688368 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	158.36	280.48	245.1	287.91	330.79	209.16
Short-Term Investments	-	-	-	4.04	155.84	187.25
Trading Asset Securities	50.51	0.5	62.87	153.23	583.4	313.19
Cash & Short-Term Investments	208.86	280.98	307.97	445.18	1,070	709.6
Cash Growth	-36.07%	-8.77%	-30.82%	-58.40%	50.80%	-22.84%
Accounts Receivable	404.52	384.03	362.85	323.87	401.76	380.53
Other Receivables	38.14	22.9	8.84	8.22	12.55	36.74
Receivables	442.66	406.93	371.69	332.09	414.31	417.27
Inventory	298.99	232.79	246.64	253.29	390.84	152.15
Prepaid Expenses	-	-	3.02	-	2.23	-
Other Current Assets	46.16	179.59	213.43	261.63	136.56	67.59
Total Current Assets	996.67	1,100	1,143	1,292	2,014	1,347
Property, Plant & Equipment	87.94	102.64	112.55	124.9	125.81	27.79
Long-Term Investments	292.94	319.88	323.82	415.16	191.71	121.07
Goodwill	336.15	336.15	336.15	78.51	78.51	78.51
Other Intangible Assets	168.54	190.83	223.48	158.99	27.54	35.21
Long-Term Deferred Tax Assets	17.06	18.95	20.83	16.71	46.1	14.91
Long-Term Deferred Charges	14.53	17.38	24.19	27.45	28.65	2.68
Other Long-Term Assets	60.2	61.33	189.3	402.42	290.34	0.81
Total Assets	1,974	2,147	2,373	2,516	2,803	1,628
Accounts Payable	248.9	235.12	206.93	140.62	230.8	268.19
Accrued Expenses	27.53	86.69	75.96	70.75	145.56	32.28
Short-Term Debt	320.34	299.19	244.83	323.31	203.75	10.07
Current Portion of Long-Term Debt	12.62	45.33	76	65.29	-	-
Current Portion of Leases	-	18.79	16.39	17.1	9.67	-
Current Income Taxes Payable	9.22	-	-	-	21.67	8.69
Current Unearned Revenue	8.08	4.97	7.13	29.35	173.28	1.66
Other Current Liabilities	114.81	51.67	56.2	33.03	21.38	23.2
Total Current Liabilities	741.48	741.75	683.43	679.45	806.12	344.09
Long-Term Debt	-	14	120	204.74	-	-
Long-Term Leases	26.99	34.63	40.4	54.39	79.08	-
Long-Term Unearned Revenue	6.39	7.05	6.06	6.74	2.02	3.58
Long-Term Deferred Tax Liabilities	22.61	26.02	29.11	16.81	8.45	3.4
Other Long-Term Liabilities	4.59	6.89	22.61	27.59	-	-
Total Liabilities	802.06	830.34	901.61	989.71	895.66	351.07
Common Stock	88.49	87.83	62.94	62.9	62.03	61.6
Additional Paid-In Capital	883.79	951.48	1,005	1,060	983.77	951.9
Retained Earnings	259.07	279.19	312.25	403.51	860.99	245.6
Treasury Stock	-60	-60	-	-	-	-
Comprehensive Income & Other	0.61	0.36	0.5	-0.13	0.17	-0.13
Total Common Equity	1,172	1,259	1,381	1,527	1,907	1,259
Minority Interest	-	58.24	90.77	-	-	17.55
Shareholders' Equity	1,172	1,317	1,471	1,527	1,907	1,277
Total Liabilities & Equity	1,974	2,147	2,373	2,516	2,803	1,628
Total Debt	359.94	411.93	497.61	664.82	292.5	10.07
Net Cash (Debt)	-151.08	-130.95	-189.64	-219.64	777.53	699.52
Net Cash Growth	-	-	-	-	11.15%	-23.94%
Net Cash Per Share	-1.75	-1.51	-2.16	-2.51	8.66	8.05
Filing Date Shares Outstanding	87.58	86.91	87.45	88.07	86.84	86.24
Total Common Shares Outstanding	87.58	86.91	88.12	88.07	86.84	86.24
Working Capital	255.19	358.53	459.33	612.73	1,208	1,003
Book Value Per Share	13.38	14.48	15.67	17.33	21.96	14.60
Tangible Book Value	667.27	731.88	821.06	1,289	1,801	1,145
Tangible Book Value Per Share	7.62	8.42	9.32	14.64	20.74	13.28
Machinery	-	101.61	93.39	77.88	51.79	36.4
Construction In Progress	-	1.8	-	-	-	-

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