SHA:688371 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	288.99	182.01	191.21	179.69	61.95	225.48
Trading Asset Securities	435.93	520.5	771.44	1,123	-	-
Cash & Short-Term Investments	724.91	702.51	962.66	1,303	61.95	225.48
Cash Growth	0.31%	-27.02%	-26.13%	2003.61%	-72.53%	11199.97%
Accounts Receivable	123.7	138.53	84.1	101.99	132.46	25.21
Other Receivables	2.87	23.32	17.16	3.39	7.77	1.5
Receivables	126.57	161.86	101.26	105.37	140.23	26.71
Inventory	163.12	132.69	94.33	56.27	86.05	23.55
Prepaid Expenses	-	-	-	-	-	0.02
Other Current Assets	16.77	7.67	35.65	9.44	4.16	4.36
Total Current Assets	1,031	1,005	1,194	1,474	292.39	280.13
Property, Plant & Equipment	916.46	923.52	861.2	547.62	387.99	124.24
Long-Term Investments	73.46	35.02	20	-	-	-
Other Intangible Assets	23.34	23.97	23.91	24.54	25.22	25.19
Long-Term Accounts Receivable	-	-	0.39	0.46	-	-
Long-Term Deferred Tax Assets	26.28	24.84	20.88	10.48	4.73	3.82
Long-Term Deferred Charges	5.74	9.14	9.37	13	7.33	6.58
Other Long-Term Assets	10.85	4.35	11.51	22.22	14.81	11.63
Total Assets	2,088	2,026	2,141	2,093	732.46	451.6
Accounts Payable	83.82	81.51	98.84	40.77	84.59	9.24
Accrued Expenses	15.3	25.9	19.27	35.65	26.74	17.38
Short-Term Debt	-	-	-	-	60.18	52.07
Current Portion of Long-Term Debt	-	-	-	-	40.06	-
Current Portion of Leases	0.22	1.78	3.42	3.88	5.39	-
Current Income Taxes Payable	6.14	9.94	7.77	11.43	17.15	1.13
Current Unearned Revenue	2.24	0.13	0.02	0.01	0.89	1.33
Other Current Liabilities	3.04	3.41	4.62	4.67	6.43	4.61
Total Current Liabilities	110.76	122.68	133.93	96.41	241.44	85.75
Long-Term Debt	-	-	-	-	20.69	-
Long-Term Leases	3.7	0.93	2.61	5.24	7.09	-
Long-Term Unearned Revenue	3.13	1.08	1	0.25	0.9	-
Long-Term Deferred Tax Liabilities	-	-	-	5.27	7.33	10.65
Other Long-Term Liabilities	0.69	0.34	0.22	0.47	0.71	-
Total Liabilities	118.28	125.03	137.75	107.64	278.15	96.41
Common Stock	335.47	335.47	335.47	335.47	251.6	251.6
Additional Paid-In Capital	1,716	1,716	1,714	1,654	241.52	181.94
Retained Earnings	26.85	-2.13	-47.24	-5.68	-39.01	-78.32
Treasury Stock	-103.68	-150	-	-	-	-
Comprehensive Income & Other	-5.5	0.82	0.86	0.85	0.2	-0.03
Shareholders' Equity	1,969	1,901	2,003	1,985	454.32	355.19
Total Liabilities & Equity	2,088	2,026	2,141	2,093	732.46	451.6
Total Debt	3.92	2.71	6.03	9.12	133.41	52.07
Net Cash (Debt)	720.99	699.8	956.63	1,294	-71.46	173.42
Net Cash Growth	0.34%	-26.85%	-26.08%	-	-	-
Net Cash Per Share	2.16	2.02	2.76	4.66	-0.29	2.84
Filing Date Shares Outstanding	325.79	321.44	335.47	335.47	251.6	251.6
Total Common Shares Outstanding	325.79	321.44	335.47	335.47	251.6	251.6
Working Capital	920.62	882.05	1,060	1,378	50.95	194.38
Book Value Per Share	6.04	5.91	5.97	5.92	1.81	1.41
Tangible Book Value	1,946	1,877	1,979	1,960	429.1	330
Tangible Book Value Per Share	5.97	5.84	5.90	5.84	1.71	1.31
Buildings	-	651.85	635.8	182.55	155.52	-
Machinery	-	424.93	357.88	298.94	233.37	147.13
Construction In Progress	-	92.77	43.21	191.82	68.5	22.71

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