SHA:688386 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	66.65	27.59	58.6	106.23	172.97	124.04
Short-Term Investments	-	-	-	-	-	40.16
Trading Asset Securities	31.77	57.06	-	-	20	-
Cash & Short-Term Investments	98.42	84.65	58.6	106.23	192.97	164.21
Cash Growth	48.53%	44.45%	-44.83%	-44.95%	17.52%	1007.86%
Accounts Receivable	357.93	285.52	237.24	189.44	167.22	141.58
Other Receivables	1.15	3.2	0.8	0.48	0.73	0.55
Receivables	359.08	288.72	238.06	189.92	167.95	142.13
Inventory	176.45	104.32	85.02	77.42	59.4	43.52
Other Current Assets	28.32	4.01	5.47	5.88	4.11	2.75
Total Current Assets	662.26	481.7	387.16	379.45	424.43	352.61
Property, Plant & Equipment	581.32	341.59	278.18	272.23	274.35	224.91
Long-Term Investments	78.68	124.53	154.54	99.8	-	-
Goodwill	122.98	67.28	67.28	67.28	113.01	-
Other Intangible Assets	97.02	57.98	61.53	69.22	45.06	32.05
Long-Term Accounts Receivable	-	1.15	0.97	2.46	3.78	-
Long-Term Deferred Tax Assets	2.36	1.49	0.95	1.29	2.35	1.75
Long-Term Deferred Charges	15.52	0.1	-	-	-	-
Other Long-Term Assets	94.5	12.79	2.39	-	0.03	3.54
Total Assets	1,655	1,089	953	891.73	863.01	614.86
Accounts Payable	109.09	77.01	44.71	32.96	39.54	28.73
Accrued Expenses	13.23	21.48	20.24	19.16	15.48	9.32
Short-Term Debt	195.63	43.04	37.79	49.55	50.05	0.5
Current Portion of Long-Term Debt	18.73	16.02	8.01	8.01	-	-
Current Portion of Leases	-	1.88	2.06	2.37	-	-
Current Income Taxes Payable	16.84	8.63	4.91	12.95	5.69	4.02
Current Unearned Revenue	15.91	1.87	0.57	0.69	0.62	0.35
Other Current Liabilities	104.89	18.55	22.41	29.3	37.11	12.24
Total Current Liabilities	474.32	188.47	140.69	154.99	148.49	55.17
Long-Term Debt	217.54	108.02	68.07	76.09	84.1	-
Long-Term Leases	0.6	-	1.83	3.43	5.34	-
Long-Term Unearned Revenue	9.06	8.48	9.06	2.79	2.29	0.66
Long-Term Deferred Tax Liabilities	8.34	9.29	9.38	7.18	6.91	4.23
Total Liabilities	712.17	314.26	229.04	244.48	247.14	60.06
Common Stock	91	70	70	70	70	70
Additional Paid-In Capital	322.87	343.87	366.41	351.41	351.41	351.41
Retained Earnings	395.54	311.83	247.67	196.14	164.79	133.39
Total Common Equity	809.41	725.7	684.08	617.54	586.2	554.8
Minority Interest	133.05	48.65	39.89	29.7	29.67	-
Shareholders' Equity	942.46	774.35	723.97	647.24	615.87	554.8
Total Liabilities & Equity	1,655	1,089	953	891.73	863.01	614.86
Total Debt	432.5	168.96	117.76	139.45	139.5	0.5
Net Cash (Debt)	-334.07	-84.31	-59.16	-33.22	53.47	163.71
Net Cash Growth	-	-	-	-	-67.34%	-
Net Cash Per Share	-3.15	-0.93	-0.65	-0.37	0.59	2.28
Filing Date Shares Outstanding	91	91	91	91	91	91
Total Common Shares Outstanding	91	91	91	91	91	91
Working Capital	187.95	293.23	246.47	224.47	275.93	297.44
Book Value Per Share	8.89	7.97	7.52	6.79	6.44	6.10
Tangible Book Value	589.41	600.44	555.27	481.04	428.13	522.75
Tangible Book Value Per Share	6.48	6.60	6.10	5.29	4.70	5.74
Buildings	-	199.89	194.53	232.71	208.04	193.32
Machinery	-	225.24	194.02	157.24	131.48	115.09
Construction In Progress	-	78.41	21.15	7.72	34.62	-

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