SHA:688391 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	446.35	630.7	156.81	641.22	110.58	79.31
Short-Term Investments	349.25	247.12	107.33	32.27	-	-
Trading Asset Securities	514.01	430	829	626	53	15
Cash & Short-Term Investments	1,310	1,308	1,093	1,299	163.58	94.31
Cash Growth	19.60%	19.64%	-15.88%	694.40%	73.45%	0.64%
Accounts Receivable	173.16	131.91	117.9	92.58	46.16	64.59
Other Receivables	0.3	0.13	0.3	2.11	9.76	9.77
Receivables	173.46	132.04	118.2	94.7	55.93	74.36
Inventory	219.71	158.55	161.6	168.8	63.26	86.7
Other Current Assets	10.41	6.31	12.78	38.81	9.39	10.68
Total Current Assets	1,713	1,605	1,386	1,602	292.15	266.05
Property, Plant & Equipment	210.3	203.08	110.73	116.2	96.12	48.27
Long-Term Investments	5.04	153.9	521.67	335.84	-	-
Other Intangible Assets	6.37	9.89	13.37	18.99	3.77	3.6
Long-Term Deferred Tax Assets	35.99	28.69	17.82	3.83	1.12	4.65
Long-Term Deferred Charges	0.6	1.02	0.68	0.98	1.59	0.23
Other Long-Term Assets	2.25	15.37	111.75	110.25	25.75	0.62
Total Assets	1,974	2,017	2,162	2,188	420.5	323.41
Accounts Payable	68.13	50.69	27.29	71.7	37.37	43.03
Accrued Expenses	16.61	65.32	70.67	91.94	52.57	19.23
Current Portion of Leases	-	0.77	0.11	0.8	1.11	-
Current Income Taxes Payable	1.59	0.39	-	-	-	-
Current Unearned Revenue	20.51	10	4.67	5.94	10.9	10.3
Other Current Liabilities	5.12	14.14	11.99	8.79	7.44	2.33
Total Current Liabilities	111.97	141.31	114.73	179.17	109.39	74.89
Long-Term Leases	0.33	0.09	-	0.11	1	-
Long-Term Unearned Revenue	2.8	7.23	4.73	4.26	4.37	1.01
Other Long-Term Liabilities	-	-	1.97	6.19	-	-
Total Liabilities	115.09	148.63	121.43	189.72	114.76	75.9
Common Stock	115.18	114.59	83.52	57.6	43.2	43.2
Additional Paid-In Capital	1,340	1,325	1,548	1,574	96.05	96.05
Retained Earnings	412.06	436.61	408.69	366.53	166.48	108.25
Comprehensive Income & Other	-8.57	-8.57	-	-	-	-
Shareholders' Equity	1,859	1,868	2,040	1,998	305.73	247.51
Total Liabilities & Equity	1,974	2,017	2,162	2,188	420.5	323.41
Total Debt	0.33	0.85	0.11	0.91	2.11	-
Net Cash (Debt)	1,309	1,307	1,093	1,299	161.47	94.31
Net Cash Growth	19.57%	19.57%	-15.83%	704.21%	71.22%	0.64%
Net Cash Per Share	11.50	11.12	9.03	13.20	1.78	1.04
Filing Date Shares Outstanding	115.18	111.67	121.1	121.1	90.83	90.68
Total Common Shares Outstanding	115.18	111.67	121.1	121.1	90.83	90.68
Working Capital	1,601	1,463	1,271	1,423	182.76	191.17
Book Value Per Share	16.14	16.73	16.85	16.50	3.37	2.73
Tangible Book Value	1,852	1,858	2,027	1,979	301.97	243.91
Tangible Book Value Per Share	16.08	16.64	16.74	16.34	3.32	2.69
Buildings	-	226.46	126.88	126.88	108.25	-
Machinery	-	26.98	24.59	22.13	15.32	-
Order Backlog	-	-	-	-	-	9.06

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