SHA:688480 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	232.77	403.05	539.1	595.26	186.75	132.05
Short-Term Investments	-	-	-	-	6.18	-
Trading Asset Securities	11.3	-	48	10	-	-
Cash & Short-Term Investments	244.07	403.05	587.1	605.26	192.93	132.05
Cash Growth	-26.69%	-31.35%	-3.00%	213.72%	46.10%	45.64%
Accounts Receivable	624.41	631.55	485.99	296.06	223.09	185.94
Other Receivables	17.03	15.78	15.01	16.74	7.1	19.07
Receivables	641.44	647.33	501	312.8	230.2	205.01
Inventory	229.37	80.61	32.07	105.57	42.04	82.32
Other Current Assets	106.47	61.11	15.49	14.07	28.94	14.68
Total Current Assets	1,221	1,192	1,136	1,038	494.11	434.06
Property, Plant & Equipment	261.49	247.65	106.29	86.36	89.77	94.76
Long-Term Investments	5.2	2.51	60.07	53.9	49.98	43.41
Goodwill	178.58	178.58	-	-	-	-
Other Intangible Assets	250.66	185.07	167.31	179.84	185.53	206.29
Long-Term Accounts Receivable	1.62	1.32	8.7	5.48	10.3	-
Long-Term Deferred Tax Assets	16.43	13.88	11.67	7.97	5.41	6.52
Long-Term Deferred Charges	4.59	5.04	-	-	-	-
Other Long-Term Assets	-	-	3.32	-	-	-
Total Assets	1,940	1,826	1,493	1,371	835.09	785.04
Accounts Payable	427.01	363.4	321.11	211.19	160.08	130.83
Accrued Expenses	19.14	57.13	43.82	33.38	19.31	17.49
Short-Term Debt	80	107.57	-	-	-	31.03
Current Portion of Long-Term Debt	-	-	-	7.04	6.05	14.07
Current Income Taxes Payable	12.45	8.44	2.6	3.31	1.43	1.09
Current Unearned Revenue	102.47	45.72	44.45	70.77	62.82	57.31
Other Current Liabilities	71.75	29.08	24.23	23.39	15.71	13.33
Total Current Liabilities	712.83	611.35	436.21	349.07	265.39	265.15
Long-Term Debt	9.88	14	-	14	21	27
Long-Term Unearned Revenue	61.97	65.18	69.04	74	77.15	82.34
Long-Term Deferred Tax Liabilities	3.28	3.7	-	-	-	-
Other Long-Term Liabilities	18.47	17.96	17.36	16.66	15.84	15.07
Total Liabilities	806.43	712.18	522.61	453.73	379.39	389.55
Common Stock	95.33	95.33	94.83	94.83	71.12	71.12
Additional Paid-In Capital	578.83	578.38	568.49	558.61	183.07	180.3
Retained Earnings	414.74	400.76	267.67	225.7	159.47	106.46
Comprehensive Income & Other	5.44	-0.07	0.81	0.41	0.5	-
Total Common Equity	1,094	1,074	931.79	879.54	414.16	357.88
Minority Interest	39.15	39.58	38.61	37.99	41.54	37.61
Shareholders' Equity	1,133	1,114	970.41	917.53	455.7	395.49
Total Liabilities & Equity	1,940	1,826	1,493	1,371	835.09	785.04
Total Debt	89.88	121.57	-	21.04	27.05	72.1
Net Cash (Debt)	154.19	281.48	587.1	584.22	165.88	59.95
Net Cash Growth	-33.83%	-52.06%	0.49%	252.19%	176.69%	191.59%
Net Cash Per Share	1.62	2.96	6.17	8.03	2.34	0.84
Filing Date Shares Outstanding	95.33	95.33	94.83	94.83	71.12	71.12
Total Common Shares Outstanding	95.33	95.33	94.83	94.83	71.12	71.12
Working Capital	508.51	580.75	699.45	688.63	228.72	168.91
Book Value Per Share	11.48	11.27	9.83	9.28	5.82	5.03
Tangible Book Value	665.1	710.74	764.48	699.7	228.63	151.59
Tangible Book Value Per Share	6.98	7.46	8.06	7.38	3.21	2.13
Buildings	-	228.79	84.77	85.48	85.48	85.17
Machinery	-	114.19	46.19	44.36	42.73	41.24
Construction In Progress	-	0.61	25.29	1.47	0.09	-

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