SHA:688478 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	89.44	106.62	171.95	99.54	110.52	96.15
Short-Term Investments	-	-	169.59	52.45	30	-
Trading Asset Securities	489.55	706.39	838.65	80.32	-	-
Cash & Short-Term Investments	578.98	813.02	1,180	232.31	140.52	96.15
Cash Growth	-34.70%	-31.11%	408.01%	65.32%	46.16%	228.02%
Accounts Receivable	208.83	187.49	322.54	51.38	37.24	21.92
Other Receivables	1.61	2.37	1.65	2.02	4.13	5.67
Receivables	210.44	189.86	324.19	53.4	41.37	27.6
Inventory	163.1	218.94	281.74	74.97	68.38	28.36
Other Current Assets	159.7	36.54	50.32	33.56	48.81	16.54
Total Current Assets	1,112	1,258	1,836	394.24	299.09	168.64
Property, Plant & Equipment	210.36	206.72	121.73	22.86	22.42	8.94
Long-Term Investments	321.12	360.3	120.45	174.06	219.02	90.14
Other Intangible Assets	32.41	18.62	19.17	2.67	3.14	3.56
Long-Term Deferred Tax Assets	17.94	11.05	9.3	2.5	2.17	2.18
Long-Term Deferred Charges	0.85	0.4	0.75	5.69	2.39	0.14
Other Long-Term Assets	2.86	9.59	2.02	8.38	0.16	0.42
Total Assets	1,698	1,865	2,110	610.4	548.39	274.01
Accounts Payable	75.73	184.86	214.31	17.62	7.02	3.29
Accrued Expenses	4.03	10.49	14.65	16.67	9	7.58
Short-Term Debt	-	8.13	30.69	-	0.9	2.36
Current Portion of Leases	-	0.51	3.13	3.08	2.78	-
Current Income Taxes Payable	0.78	1.81	4.35	2.08	1.56	3.18
Current Unearned Revenue	55.53	54.48	163.64	33.2	32.47	35.91
Other Current Liabilities	19.06	15.16	76.15	6.95	5.74	4.04
Total Current Liabilities	155.14	275.44	506.92	79.59	59.47	56.37
Long-Term Leases	-	-	2.06	3.94	5.68	-
Long-Term Unearned Revenue	0.91	6.65	10.79	1.7	1.2	7
Long-Term Deferred Tax Liabilities	3.06	2.44	3.92	1.77	0.6	0.02
Other Long-Term Liabilities	3.37	4.59	3.18	2.78	1.81	0.71
Total Liabilities	162.47	289.12	526.86	89.79	68.76	64.1
Common Stock	138.37	138.37	138.37	103.77	103.77	92.7
Additional Paid-In Capital	1,312	1,309	1,303	311.25	302.38	90.26
Retained Earnings	122.87	168.3	142.02	105.6	73.48	27.47
Treasury Stock	-38.49	-38.49	-	-	-	-
Comprehensive Income & Other	0.99	-1.16	-	-	-	-
Total Common Equity	1,535	1,576	1,583	520.62	479.63	210.43
Minority Interest	-	-	-	-	-	-0.51
Shareholders' Equity	1,535	1,576	1,583	520.62	479.63	209.92
Total Liabilities & Equity	1,698	1,865	2,110	610.4	548.39	274.01
Total Debt	-	8.65	35.88	7.02	9.36	2.36
Net Cash (Debt)	578.98	804.37	1,144	225.29	131.17	93.79
Net Cash Growth	-34.54%	-29.71%	407.92%	71.76%	39.86%	302.45%
Net Cash Per Share	4.09	5.84	9.02	2.15	1.35	1.21
Filing Date Shares Outstanding	137.06	137.34	138.05	103.77	103.77	77.5
Total Common Shares Outstanding	137.06	137.34	138.37	103.77	103.77	77.5
Working Capital	957.08	982.92	1,330	314.65	239.61	112.27
Book Value Per Share	11.20	11.47	11.44	5.02	4.62	2.72
Tangible Book Value	1,503	1,557	1,564	517.95	476.49	206.87
Tangible Book Value Per Share	10.97	11.34	11.30	4.99	4.59	2.67
Machinery	-	27.77	29.68	21.01	19.46	12.97
Construction In Progress	-	190.36	95.99	2.26	-	-

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