SHA:688420 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	476.08	749.45	949.12	1,118	103.57	90.1
Trading Asset Securities	220	-	-	-	-	-
Cash & Short-Term Investments	696.08	749.45	949.12	1,118	103.57	90.1
Cash Growth	-10.94%	-21.04%	-15.07%	979.05%	14.95%	270.09%
Accounts Receivable	662.86	626.44	480.07	330.29	314.59	215.73
Other Receivables	14.82	10.48	7.51	6.97	1.04	0.01
Receivables	677.68	636.92	487.59	337.26	315.63	215.74
Inventory	235.31	219.46	210.77	222.67	187.12	129.06
Prepaid Expenses	-	-	-	2.14	1.23	2.09
Other Current Assets	59.14	38.87	35.24	51.43	53	27.71
Total Current Assets	1,668	1,645	1,683	1,731	660.56	464.71
Property, Plant & Equipment	142.85	120.25	64.84	10.07	14.37	7.68
Long-Term Investments	33.69	30.77	23.3	0.96	1.12	-
Other Intangible Assets	22.13	22.79	22.78	24.23	1.43	0.86
Long-Term Accounts Receivable	12.6	10.22	4.48	5.21	0.32	1.33
Long-Term Deferred Tax Assets	39.56	30.54	20.65	19.49	17.83	12.22
Long-Term Deferred Charges	2.32	1.18	2	3.54	5.14	6.53
Other Long-Term Assets	2.46	0.95	1.39	-	5.8	-
Total Assets	1,924	1,861	1,822	1,795	706.57	493.33
Accounts Payable	271.01	76.03	80.04	120.18	91.9	36.09
Accrued Expenses	8.71	173.74	113.42	61.93	45.6	34.03
Current Portion of Leases	6.26	4.88	4.06	1.99	4.41	-
Current Income Taxes Payable	1.21	1.85	2.51	3.71	3.5	4.42
Current Unearned Revenue	110.48	83.96	92.7	119.51	174.09	117.88
Other Current Liabilities	41.26	19.55	20.45	28.35	29.54	53.6
Total Current Liabilities	438.94	360	313.18	335.67	349.04	246.02
Long-Term Leases	1.83	3.5	4.54	0.62	2.41	-
Long-Term Unearned Revenue	4.17	4.6	0.5	0.64	0.78	0.93
Other Long-Term Liabilities	13.24	15.74	14.36	12.98	9.63	8.64
Total Liabilities	458.18	383.84	332.57	349.9	361.86	255.6
Common Stock	88.43	88.43	88.43	88.43	66.32	66.32
Additional Paid-In Capital	1,072	1,075	1,073	1,071	117.78	86.81
Retained Earnings	337.28	343.42	328.44	285.15	160.6	84.6
Treasury Stock	-62.07	-62.07	-	-	-	-
Total Common Equity	1,436	1,444	1,490	1,445	344.7	237.73
Minority Interest	30.14	33.1	-	0.01	-	-
Shareholders' Equity	1,466	1,478	1,490	1,445	344.7	237.73
Total Liabilities & Equity	1,924	1,861	1,822	1,795	706.57	493.33
Total Debt	8.09	8.38	8.61	2.6	6.83	-
Net Cash (Debt)	687.99	741.08	940.52	1,115	96.74	90.1
Net Cash Growth	-11.04%	-21.20%	-15.65%	1052.50%	7.37%	443.44%
Net Cash Per Share	7.61	8.56	10.64	16.83	1.46	1.40
Filing Date Shares Outstanding	85.61	85.61	86.02	88.43	66.32	66.32
Total Common Shares Outstanding	85.61	85.61	88.43	88.43	66.32	66.32
Working Capital	1,229	1,285	1,370	1,395	311.51	218.68
Book Value Per Share	16.77	16.87	16.84	16.34	5.20	3.58
Tangible Book Value	1,413	1,422	1,467	1,420	343.28	236.87
Tangible Book Value Per Share	16.51	16.61	16.59	16.06	5.18	3.57
Buildings	-	59.86	-	-	-	-
Machinery	-	61.82	33.29	14.27	13.72	12.23
Construction In Progress	-	8.9	34.88	0.84	-	-
Order Backlog	-	863	-	-	-	-

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