SHA:688377 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	327.41	315.36	299.9	336.09	193.95	192.37
Trading Asset Securities	50.01	-	130.66	180.18	411.03	565.29
Cash & Short-Term Investments	377.42	315.36	430.57	516.28	604.98	757.66
Cash Growth	8.51%	-26.76%	-16.60%	-14.66%	-20.15%	529.56%
Accounts Receivable	506.7	538.7	483.31	450.75	231.9	303.23
Other Receivables	2.85	0.25	0.4	0.15	0.06	7.73
Receivables	509.55	538.95	483.71	450.9	231.96	310.96
Inventory	473.23	487.41	432.32	413.99	317.01	192.83
Other Current Assets	39.3	29.72	36.34	29.27	20.39	12.47
Total Current Assets	1,399	1,371	1,383	1,410	1,174	1,274
Property, Plant & Equipment	1,266	1,237	893.72	649.27	409.84	370.53
Goodwill	70.79	68.33	-	-	-	-
Other Intangible Assets	72.49	62.36	65.82	68.43	50.43	51.77
Long-Term Deferred Tax Assets	9.68	8.71	9.98	8.73	5.81	3.84
Long-Term Deferred Charges	-	0.08	0.19	-	-	-
Other Long-Term Assets	12.05	17.07	172.33	164.5	277.51	163.1
Total Assets	2,831	2,765	2,525	2,301	1,918	1,863
Accounts Payable	497.09	538.78	564.58	457.64	296.45	222.55
Accrued Expenses	18.23	22.03	16.65	14.73	13.33	12.81
Short-Term Debt	254.4	175.62	83.06	134.12	30.03	11.02
Current Portion of Long-Term Debt	44.36	21.69	42.7	8.07	0.04	-
Current Portion of Leases	-	2.48	0.46	1.87	7.13	30.88
Current Income Taxes Payable	11.85	8.14	15.14	7.95	1.17	2.48
Current Unearned Revenue	0.21	1.22	0.48	1.99	6.47	1.01
Other Current Liabilities	7.41	25.99	3.21	2.5	19.36	1.7
Total Current Liabilities	833.54	795.96	726.29	628.88	373.99	282.45
Long-Term Debt	84.75	122.64	28.37	31.03	31.48	18.29
Long-Term Leases	16.42	17.04	-	-	1.87	5.73
Long-Term Unearned Revenue	27.93	29.28	27.83	19.18	18.71	24.86
Long-Term Deferred Tax Liabilities	7.08	7.57	-	-	0.15	0.38
Total Liabilities	969.71	972.51	782.49	679.09	426.2	331.71
Common Stock	194.67	194.67	194.67	194.67	194.67	194.67
Additional Paid-In Capital	950.65	953.43	953.57	945.03	929.34	933
Retained Earnings	727.96	665.39	624.26	512.58	391.11	389.54
Treasury Stock	-12.25	-21.12	-30	-30	-23.4	-
Comprehensive Income & Other	-0.04	0.01	-	-	-	-
Total Common Equity	1,861	1,792	1,742	1,622	1,492	1,517
Minority Interest	-	-	-	-	-	14.24
Shareholders' Equity	1,861	1,792	1,742	1,622	1,492	1,531
Total Liabilities & Equity	2,831	2,765	2,525	2,301	1,918	1,863
Total Debt	399.93	339.49	154.6	175.09	70.56	65.92
Net Cash (Debt)	-22.51	-24.13	275.97	341.18	534.42	691.74
Net Cash Growth	-	-	-19.11%	-36.16%	-22.74%	-
Net Cash Per Share	-0.11	-0.12	1.41	1.77	2.82	4.14
Filing Date Shares Outstanding	203.42	193.95	193.44	192.92	193.26	194.67
Total Common Shares Outstanding	203.42	193.95	192.92	192.92	193.26	194.67
Working Capital	565.96	575.48	656.65	781.55	800.35	991.47
Book Value Per Share	9.15	9.24	9.03	8.41	7.72	7.79
Tangible Book Value	1,718	1,662	1,677	1,554	1,441	1,465
Tangible Book Value Per Share	8.44	8.57	8.69	8.05	7.46	7.53
Buildings	-	192.66	84.55	81.51	79.03	-
Machinery	-	860.07	694.1	637.77	351.01	-
Construction In Progress	-	620.04	396.1	151.7	135.65	-

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