SHA:688409 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	2018 - 2019
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	2018 - 2019
Cash & Equivalents	758.43	1,275	1,579	1,989	346.63	315.73	Upgrade
Trading Asset Securities	-	10.17	501.12	1,153	-	-	Upgrade
Cash & Short-Term Investments	758.43	1,285	2,080	3,142	346.63	315.73	Upgrade
Cash Growth	-40.64%	-38.22%	-33.81%	806.51%	9.79%	461.36%	Upgrade
Accounts Receivable	1,812	1,283	903.93	581.98	348.11	132.15	Upgrade
Other Receivables	6.27	16.86	16.33	15.39	6.91	8.49	Upgrade
Receivables	1,818	1,300	920.26	597.37	355.02	140.64	Upgrade
Inventory	971.49	899.86	905.98	533.18	255.66	134.71	Upgrade
Other Current Assets	238.57	245.39	170.75	144.27	39.17	15.1	Upgrade
Total Current Assets	3,786	3,730	4,077	4,417	996.48	606.18	Upgrade
Property, Plant & Equipment	3,955	3,961	2,722	1,905	1,118	526.62	Upgrade
Long-Term Investments	775.84	281.34	249.88	14.33	6.26	10.26	Upgrade
Other Intangible Assets	160.01	153.71	144.91	139.01	135.86	73.32	Upgrade
Long-Term Accounts Receivable	-	0.75	-	-	-	-	Upgrade
Long-Term Deferred Tax Assets	84.82	76.58	32.25	23.03	17.14	10.61	Upgrade
Long-Term Deferred Charges	4.7	4.86	3.8	4.44	-	1.49	Upgrade
Other Long-Term Assets	259.44	148.16	360.34	137.51	212.68	230.67	Upgrade
Total Assets	9,026	8,357	7,590	6,640	2,487	1,459	Upgrade
Accounts Payable	1,020	1,111	863.19	605.11	374.67	116.4	Upgrade
Accrued Expenses	67.19	70.19	47.47	44.17	18.02	10.45	Upgrade
Short-Term Debt	624.78	225.34	75.97	65.33	175.94	65.83	Upgrade
Current Portion of Long-Term Debt	243.04	209.47	99.94	13.41	0.47	-	Upgrade
Current Portion of Leases	-	10.2	7.83	1.96	2.97	-	Upgrade
Current Income Taxes Payable	28.08	15.58	8.86	0.16	0.2	6.21	Upgrade
Current Unearned Revenue	3.58	8.28	12.18	11.61	19.03	0.07	Upgrade
Other Current Liabilities	113.66	65.49	72.95	102.88	45.97	42.16	Upgrade
Total Current Liabilities	2,100	1,715	1,188	844.64	637.27	241.11	Upgrade
Long-Term Debt	1,691	1,478	1,072	519.48	355.06	60	Upgrade
Long-Term Leases	50.58	52.27	50.15	11.84	9.46	-	Upgrade
Long-Term Unearned Revenue	431.78	375.29	432.45	420.21	373.76	241.1	Upgrade
Long-Term Deferred Tax Liabilities	15.97	13.67	13.7	6.91	-	-	Upgrade
Other Long-Term Liabilities	23.57	22.72	73.08	69.16	16.98	-	Upgrade
Total Liabilities	4,313	3,658	2,830	1,872	1,393	542.21	Upgrade
Common Stock	306.21	308.03	209.05	209.05	156.79	156.79	Upgrade
Additional Paid-In Capital	3,918	4,028	4,057	4,024	725.18	720.1	Upgrade
Retained Earnings	464.81	473	434.29	411.94	166.73	40.24	Upgrade
Treasury Stock	-84.42	-221.57	-133.83	-	-	-	Upgrade
Comprehensive Income & Other	-1.23	1.19	-1.81	-0.03	-0.6	-0.2	Upgrade
Total Common Equity	4,604	4,588	4,565	4,644	1,048	916.94	Upgrade
Minority Interest	110.03	110.86	195.03	123.75	45.96	-	Upgrade
Shareholders' Equity	4,714	4,699	4,760	4,768	1,094	916.94	Upgrade
Total Liabilities & Equity	9,026	8,357	7,590	6,640	2,487	1,459	Upgrade
Total Debt	2,609	1,976	1,306	612.02	543.9	125.83	Upgrade
Net Cash (Debt)	-1,851	-690.85	773.71	2,530	-197.26	189.9	Upgrade
Net Cash Growth	-	-	-69.42%	-	-	-	Upgrade
Net Cash Per Share	-6.10	-2.69	2.51	10.10	-0.85	0.89	Upgrade
Filing Date Shares Outstanding	323.28	304.54	305.17	309.4	232.05	232.05	Upgrade
Total Common Shares Outstanding	323.28	304.54	306.87	309.4	232.05	232.05	Upgrade
Working Capital	1,686	2,015	2,888	3,572	359.21	365.06	Upgrade
Book Value Per Share	14.24	15.07	14.88	15.01	4.52	3.95	Upgrade
Tangible Book Value	4,444	4,434	4,420	4,505	912.24	843.62	Upgrade
Tangible Book Value Per Share	13.75	14.56	14.40	14.56	3.93	3.64	Upgrade
Buildings	-	1,663	957.88	363.06	353.86	174.42	Upgrade
Machinery	-	2,359	1,715	1,032	650.07	449.24	Upgrade
Construction In Progress	-	599.23	461.03	813.71	332.43	73.69	Upgrade

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