SHA:688373 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	2019 - 2020
Period Ending	Jun '25 Jun 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	2019 - 2020
Cash & Equivalents	269.12	386.26	166.31	151.09	145.52	226.51	Upgrade
Trading Asset Securities	253.18	207.36	786.98	1,119	326.36	410.45	Upgrade
Cash & Short-Term Investments	522.29	593.62	953.3	1,270	471.88	636.96	Upgrade
Cash Growth	-32.77%	-37.73%	-24.95%	169.17%	-25.92%	1110.55%	Upgrade
Accounts Receivable	36.25	31.88	21.98	11.1	1.42	-	Upgrade
Other Receivables	23.98	21.02	0.19	0.34	0	4.93	Upgrade
Receivables	60.23	52.9	22.17	11.44	1.42	4.93	Upgrade
Inventory	50.52	52.94	37.52	21.89	11.01	5.61	Upgrade
Other Current Assets	48.83	49.21	41.27	67.01	25.29	14.5	Upgrade
Total Current Assets	681.88	748.66	1,054	1,371	509.59	662	Upgrade
Property, Plant & Equipment	68.3	75.8	86.21	97.46	122.8	1.02	Upgrade
Other Intangible Assets	1.24	1.68	1.93	2.19	0.84	0.13	Upgrade
Long-Term Deferred Charges	17.57	19.1	21.75	22.68	1.83	2.65	Upgrade
Other Long-Term Assets	3.91	3.89	4.42	4.54	13.48	3.15	Upgrade
Total Assets	772.9	849.13	1,169	1,497	648.54	668.94	Upgrade
Accounts Payable	13.82	26.21	11.13	10.85	1.91	-	Upgrade
Accrued Expenses	87.64	78.63	94.51	37.41	29.45	26.25	Upgrade
Short-Term Debt	5	5	-	48.75	50.08	6.53	Upgrade
Current Portion of Long-Term Debt	136.35	89.23	14.15	10.1	-	-	Upgrade
Current Portion of Leases	11.68	11.51	10.38	6.47	11.04	-	Upgrade
Current Income Taxes Payable	-	-	4.41	-	-	-	Upgrade
Current Unearned Revenue	-	-	0.13	-	-	-	Upgrade
Other Current Liabilities	1.08	1.71	1.93	1.52	1.71	0.44	Upgrade
Total Current Liabilities	255.58	212.3	136.65	115.11	94.19	33.22	Upgrade
Long-Term Debt	135.53	122.94	114.96	70	-	-	Upgrade
Long-Term Leases	66.67	73.18	81.7	94.89	99.87	-	Upgrade
Long-Term Unearned Revenue	1.75	1.75	1.25	3.1	16.1	15.5	Upgrade
Total Liabilities	459.53	410.16	334.56	283.1	210.17	48.72	Upgrade
Common Stock	655.61	655.61	655.21	655.21	525.21	525.21	Upgrade
Additional Paid-In Capital	1,586	1,571	1,532	1,495	636.77	591.38	Upgrade
Retained Earnings	-1,943	-1,805	-1,364	-942.85	-722.55	-496.28	Upgrade
Comprehensive Income & Other	14.91	17.08	10.91	7.19	-1.06	-0.09	Upgrade
Shareholders' Equity	313.38	438.96	834	1,214	438.37	620.23	Upgrade
Total Liabilities & Equity	772.9	849.13	1,169	1,497	648.54	668.94	Upgrade
Total Debt	355.24	301.86	221.19	230.21	160.99	6.53	Upgrade
Net Cash (Debt)	167.06	291.76	732.11	1,040	310.88	630.43	Upgrade
Net Cash Growth	-67.09%	-60.15%	-29.60%	234.52%	-50.69%	-	Upgrade
Net Cash Per Share	0.25	0.45	1.12	1.79	0.59	2.47	Upgrade
Filing Date Shares Outstanding	655.61	655.61	655.21	655.21	525.21	525.21	Upgrade
Total Common Shares Outstanding	655.61	655.61	655.21	655.21	525.21	525.21	Upgrade
Working Capital	426.3	536.37	917.61	1,255	415.39	628.78	Upgrade
Book Value Per Share	0.48	0.67	1.27	1.85	0.83	1.18	Upgrade
Tangible Book Value	312.13	437.28	832.07	1,212	437.53	620.09	Upgrade
Tangible Book Value Per Share	0.48	0.67	1.27	1.85	0.83	1.18	Upgrade
Machinery	14.65	14.41	14.18	11.75	6.01	3.85	Upgrade
Construction In Progress	-	-	-	-	15.65	0.35	Upgrade

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