SHA:688459 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	2,432	2,418	2,546	2,499	1,268	395.18
Cash & Short-Term Investments	2,432	2,418	2,546	2,499	1,268	395.18
Cash Growth	-0.01%	-5.00%	1.86%	97.08%	220.88%	29.30%
Accounts Receivable	570.36	850.18	720.31	719.2	707.57	603.12
Other Receivables	13.17	7.26	9.24	10.99	12.23	2.17
Receivables	583.53	857.43	729.55	730.18	719.8	605.29
Inventory	516.97	443.78	368.12	286.92	296.32	228.36
Prepaid Expenses	-	-	-	0.01	-	-
Other Current Assets	20.03	11.32	13.33	18.43	24.81	20.27
Total Current Assets	3,552	3,731	3,657	3,535	2,309	1,249
Property, Plant & Equipment	428.56	371.33	270.85	251.61	258.65	180.87
Long-Term Investments	63.75	65.35	40.6	22.36	18.98	16.48
Other Intangible Assets	57.12	59.29	48.8	49.73	51.03	19.83
Long-Term Deferred Tax Assets	9.6	10.34	9.02	8.8	8.25	7.11
Long-Term Deferred Charges	3.24	3.57	4.04	2.57	0.38	0.11
Other Long-Term Assets	6.58	9.8	23.22	-	-	-
Total Assets	4,121	4,250	4,053	3,870	2,646	1,474
Accounts Payable	358.12	471.45	364.53	300.74	353.37	333.77
Accrued Expenses	15.9	29.8	39.27	54.4	43.65	28.64
Current Portion of Leases	2.22	1.17	3.05	0.87	-	-
Current Income Taxes Payable	5.78	5.95	9.44	17.83	12.41	10.91
Current Unearned Revenue	104.41	115.92	134.24	74.78	62.56	32.18
Other Current Liabilities	76.43	66.53	26.28	22.01	43	48.03
Total Current Liabilities	562.86	690.81	576.82	470.63	514.99	453.53
Long-Term Leases	2.02	1.23	1.19	0.94	1.26	1.34
Long-Term Unearned Revenue	0.39	0.43	2.1	2.77	5.01	-
Long-Term Deferred Tax Liabilities	1.48	1.33	1.37	0.11	0.06	-
Other Long-Term Liabilities	42.56	43.36	40.03	39.08	40.29	0.23
Total Liabilities	609.31	737.15	621.51	513.53	561.61	455.1
Common Stock	480	480	480	480	360	259.26
Additional Paid-In Capital	2,226	2,226	2,226	2,226	1,199	72.14
Retained Earnings	699.22	705.11	626.88	554.56	439.25	687.06
Comprehensive Income & Other	-4.3	-4.3	-3.91	-1.76	-1.71	-0.45
Total Common Equity	3,401	3,407	3,329	3,259	1,996	1,018
Minority Interest	110.77	106.08	102.22	96.99	88.33	0.39
Shareholders' Equity	3,512	3,513	3,432	3,356	2,085	1,018
Total Liabilities & Equity	4,121	4,250	4,053	3,870	2,646	1,474
Total Debt	4.24	2.4	4.24	1.81	1.26	1.34
Net Cash (Debt)	2,428	2,416	2,541	2,497	1,267	393.84
Net Cash Growth	-0.02%	-4.94%	1.76%	97.13%	221.65%	29.96%
Net Cash Per Share	5.06	5.03	5.30	6.40	3.98	1.52
Filing Date Shares Outstanding	480	480	480	480	360	360
Total Common Shares Outstanding	480	480	480	480	360	360
Working Capital	2,990	3,040	3,080	3,064	1,794	795.58
Book Value Per Share	7.09	7.10	6.94	6.79	5.55	2.83
Tangible Book Value	3,344	3,348	3,281	3,209	1,945	998.19
Tangible Book Value Per Share	6.97	6.97	6.83	6.69	5.40	2.77
Buildings	-	252.01	252.39	249.14	249.06	33.32
Machinery	-	217.72	202.34	191.18	184.64	29.64
Construction In Progress	-	121.9	18.38	3.03	1.96	157.28

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