SHA:688379 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	160.53	194.85	201.19	130.52	102.65	112.69
Trading Asset Securities	46.01	-	0.01	40.35	64.35	112.17
Cash & Short-Term Investments	206.54	194.85	201.2	170.86	167	224.86
Cash Growth	81.58%	-3.15%	17.75%	2.31%	-25.73%	109.43%
Accounts Receivable	891.51	774.31	671.37	611.08	638.89	470.25
Other Receivables	6.42	4.31	5.74	5.21	-	-
Receivables	897.93	795.03	678.77	616.3	638.89	470.25
Inventory	871.79	740.68	530.73	412.46	363.9	256.66
Prepaid Expenses	-	1.15	1.16	3.64	4.22	-
Other Current Assets	142.3	96.55	58.62	76.26	72.59	40.06
Total Current Assets	2,119	1,828	1,470	1,280	1,247	991.83
Property, Plant & Equipment	541.14	448.46	388.56	332.25	231.41	154.59
Long-Term Investments	11.21	11.42	4.62	-	-	-
Other Intangible Assets	64.58	68.35	50.26	44.97	44.45	45.52
Long-Term Deferred Tax Assets	6.91	10.45	13.38	12.68	4.86	3.91
Long-Term Deferred Charges	0.77	-	-	-	0.01	0.02
Other Long-Term Assets	30.45	6.12	21.81	18.19	6.72	14.53
Total Assets	2,774	2,373	1,949	1,688	1,534	1,210
Accounts Payable	458.67	254.67	147.49	104.15	79.23	30.31
Accrued Expenses	11.77	18.95	16.03	12.24	17.62	9.35
Short-Term Debt	540.41	620.85	379.93	385.46	338.78	200.53
Current Portion of Long-Term Debt	283.2	190.07	42.66	38.5	0.06	-
Current Income Taxes Payable	3.85	0.01	0.01	0.02	-	5.36
Current Unearned Revenue	11.49	4.23	3.31	1.13	1.56	2.05
Other Current Liabilities	128.11	188.33	179.31	121.17	113.16	54.82
Total Current Liabilities	1,438	1,277	768.73	662.67	550.42	302.42
Long-Term Debt	177.35	83.58	228.83	112.87	49	-
Long-Term Unearned Revenue	18.96	16.23	15.18	15.53	17.4	16.95
Total Liabilities	1,639	1,377	1,013	791.07	616.82	319.37
Common Stock	90.09	90.09	89.44	88.75	88	88
Additional Paid-In Capital	443.73	437.36	437.3	424.68	406.2	405.22
Retained Earnings	648	527.5	459.68	418.08	423.04	397.81
Treasury Stock	-47.75	-58.61	-50.05	-34.95	-	-
Comprehensive Income & Other	0.33	-0.18	-0.01	-0.02	-	-
Shareholders' Equity	1,134	996.16	936.36	896.54	917.23	891.02
Total Liabilities & Equity	2,774	2,373	1,949	1,688	1,534	1,210
Total Debt	1,006	894.49	651.42	536.83	387.84	200.53
Net Cash (Debt)	-799.82	-699.64	-450.23	-365.97	-220.84	24.34
Net Cash Per Share	-9.22	-8.16	-5.19	-4.20	-2.49	0.33
Filing Date Shares Outstanding	87.8	87.4	85.34	86.6	88	88
Total Common Shares Outstanding	87.8	87.4	85.34	86.6	88	88
Working Capital	681.05	551.16	701.74	616.85	696.18	689.41
Book Value Per Share	12.92	11.40	10.97	10.35	10.42	10.13
Tangible Book Value	1,070	927.81	886.1	851.57	872.78	845.51
Tangible Book Value Per Share	12.19	10.62	10.38	9.83	9.92	9.61
Buildings	-	317.56	315.62	152.34	151.49	149.1
Machinery	-	208.97	177.65	146.1	108.05	84.54
Construction In Progress	-	93.32	35.66	150.24	69.6	3.93

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