SHA:688383 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	219.26	207.9	156.04	352.17	177.35	80.94
Short-Term Investments	-	-	-	-	25	-
Trading Asset Securities	-	-	-	12.7	191.87	-
Cash & Short-Term Investments	219.26	207.9	156.04	364.86	394.22	80.94
Cash Growth	12.83%	33.23%	-57.23%	-7.45%	387.05%	274.70%
Accounts Receivable	660.53	770.45	963.81	933.11	785.71	534.51
Other Receivables	5.12	5.35	6.08	4.85	4.94	3.1
Receivables	665.65	775.8	969.89	937.96	790.65	537.61
Inventory	860	759.85	602.62	644.38	840.64	396.47
Prepaid Expenses	-	3.82	9.28	-	-	-
Other Current Assets	212.64	174.36	112.53	27.99	35.77	7.7
Total Current Assets	1,958	1,922	1,850	1,975	2,061	1,023
Property, Plant & Equipment	627.42	584.15	481.87	335.45	282.74	224.38
Long-Term Investments	52.2	52.2	50.34	47.59	-	-
Goodwill	16.77	16.77	19.83	22.84	25.46	-
Other Intangible Assets	84.17	81.1	85.56	29.87	33.95	32.17
Long-Term Deferred Tax Assets	73.74	67.46	50.74	28.55	18.98	9.13
Long-Term Deferred Charges	8.83	9.85	10.38	2.91	2.63	0.24
Other Long-Term Assets	124.93	95.05	64.37	2.41	8.29	3.17
Total Assets	2,946	2,828	2,613	2,445	2,433	1,292
Accounts Payable	296.48	387.48	339.12	261.52	603.83	319.51
Accrued Expenses	24.95	52.74	46.5	44.15	52.03	27.9
Short-Term Debt	622.03	549.52	597.53	609.54	193.17	55.79
Current Portion of Long-Term Debt	124.44	112.73	28.11	-	-	4.51
Current Portion of Leases	-	9.98	13.24	9.24	12.21	-
Current Income Taxes Payable	-	0.33	0.36	1.28	18.49	5.43
Current Unearned Revenue	154.88	99.24	61.5	102.75	224.07	143.01
Other Current Liabilities	41.59	53.3	20.58	26.06	55.34	77.12
Total Current Liabilities	1,264	1,265	1,107	1,055	1,159	633.28
Long-Term Debt	266.11	125.36	78	-	-	73.61
Long-Term Leases	9.01	8.81	12.88	3.79	3.01	-
Long-Term Unearned Revenue	20.1	21.73	9.51	7.68	7.64	8.92
Long-Term Deferred Tax Liabilities	17.78	17.8	16.24	0.55	1.08	-
Other Long-Term Liabilities	-	-	0.3	0.49	4.79	0.8
Total Liabilities	1,577	1,439	1,224	1,067	1,176	716.61
Common Stock	102.13	102.13	102.13	102.13	102.13	76.6
Additional Paid-In Capital	747.87	747.87	747.87	747.88	747.93	331.2
Retained Earnings	589.58	601.98	582.96	553.15	399.41	167.41
Treasury Stock	-78.42	-67.31	-50.32	-34.54	-	-
Comprehensive Income & Other	6.86	6.86	5.01	2.26	-	-
Total Common Equity	1,368	1,392	1,388	1,371	1,249	575.2
Minority Interest	0.23	-2.25	1.94	6.87	8.2	-
Shareholders' Equity	1,368	1,389	1,390	1,378	1,258	575.2
Total Liabilities & Equity	2,946	2,828	2,613	2,445	2,433	1,292
Total Debt	1,022	806.4	729.76	622.57	208.38	133.91
Net Cash (Debt)	-802.34	-598.5	-573.72	-257.71	185.84	-52.97
Net Cash Per Share	-8.20	-5.92	-5.61	-2.53	1.99	-0.69
Filing Date Shares Outstanding	101.08	101.08	101.49	101.65	102.13	76.6
Total Common Shares Outstanding	101.08	101.33	101.65	101.77	102.13	76.6
Working Capital	693.2	656.42	743.43	920.65	902.16	389.45
Book Value Per Share	13.53	13.73	13.65	13.47	12.23	7.51
Tangible Book Value	1,267	1,294	1,282	1,318	1,190	543.03
Tangible Book Value Per Share	12.54	12.77	12.61	12.95	11.65	7.09
Buildings	-	355.1	355.1	222	-	-
Machinery	-	157.74	152.72	147.22	106.21	66.93
Construction In Progress	-	146.51	16.62	-	194.46	181.69

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