SHA:688484 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	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	2019
Cash & Equivalents	1,689	1,888	2,877	844.36	485.33	296.01	Upgrade
Trading Asset Securities	531.79	1,053	-	146.76	-	-	Upgrade
Cash & Short-Term Investments	2,221	2,941	2,877	991.12	485.33	296.01	Upgrade
Cash Growth	-22.99%	2.24%	190.26%	104.22%	63.96%	268.00%	Upgrade
Accounts Receivable	359.29	199.93	207.2	101.04	186.57	25.19	Upgrade
Other Receivables	330.27	307.35	435.03	0.91	0.57	-	Upgrade
Receivables	689.56	507.28	642.23	101.95	187.14	25.19	Upgrade
Inventory	796	613.56	525.38	335.58	215.54	27.75	Upgrade
Other Current Assets	72.75	40.14	61.12	770.65	97.41	25.49	Upgrade
Total Current Assets	3,779	4,102	4,106	2,199	985.41	374.43	Upgrade
Property, Plant & Equipment	406.45	393.26	337.49	70.29	59.29	3.59	Upgrade
Long-Term Investments	351.51	114.8	3	3	7.91	5.59	Upgrade
Other Intangible Assets	43.32	9.6	7.39	8.92	6.98	2.39	Upgrade
Long-Term Deferred Tax Assets	4.41	3.18	0.01	4.89	-	-	Upgrade
Long-Term Deferred Charges	10.98	7.54	7.45	17.64	-	-	Upgrade
Other Long-Term Assets	63.17	7.52	0.95	0.28	0.71	1.19	Upgrade
Total Assets	4,832	4,638	4,462	2,304	1,060	387.18	Upgrade
Accounts Payable	496.62	406.79	558.32	787.35	10.69	4.85	Upgrade
Accrued Expenses	121.13	214.68	156.76	84.79	70.99	23.03	Upgrade
Short-Term Debt	-	-	-	301.09	10.01	6.01	Upgrade
Current Portion of Leases	6.49	5.39	7.21	13.48	8.68	-	Upgrade
Current Income Taxes Payable	6.3	0.04	0.04	-	-	-	Upgrade
Current Unearned Revenue	3.34	1.64	3.65	0.97	0.85	1.57	Upgrade
Other Current Liabilities	63.47	59.18	28.64	29.52	29.59	4.88	Upgrade
Total Current Liabilities	697.34	687.72	754.62	1,217	130.8	40.35	Upgrade
Long-Term Leases	20.44	8.23	2.59	12.08	15.3	-	Upgrade
Long-Term Unearned Revenue	26.67	14.22	5.61	0.8	0.4	-	Upgrade
Long-Term Deferred Tax Liabilities	0.44	0.15	-	-	-	-	Upgrade
Total Liabilities	751.22	710.32	762.82	1,230	146.5	40.35	Upgrade
Common Stock	425.7	425.46	423.53	360	360	4.45	Upgrade
Additional Paid-In Capital	2,969	2,913	2,783	400.11	385.89	399.44	Upgrade
Retained Earnings	743.3	636.92	490.79	314.14	167.93	-57.02	Upgrade
Treasury Stock	-53.41	-50.01	-	-	-	-	Upgrade
Comprehensive Income & Other	-0.15	2.07	1.94	-	-0.01	-0.04	Upgrade
Total Common Equity	4,084	3,928	3,699	1,074	913.8	346.84	Upgrade
Minority Interest	-2.98	-0.15	-	-	-	-	Upgrade
Shareholders' Equity	4,081	3,928	3,699	1,074	913.8	346.84	Upgrade
Total Liabilities & Equity	4,832	4,638	4,462	2,304	1,060	387.18	Upgrade
Total Debt	26.93	13.62	9.8	326.65	33.99	6.01	Upgrade
Net Cash (Debt)	2,194	2,928	2,867	664.47	451.34	290	Upgrade
Net Cash Growth	-23.64%	2.11%	331.48%	47.22%	55.63%	281.92%	Upgrade
Net Cash Per Share	5.06	6.87	6.91	1.84	1.31	-	Upgrade
Filing Date Shares Outstanding	423.95	423.7	423.53	360	360	-	Upgrade
Total Common Shares Outstanding	423.95	423.8	423.53	360	360	-	Upgrade
Working Capital	3,082	3,414	3,351	982.12	854.6	334.08	Upgrade
Book Value Per Share	9.63	9.27	8.73	2.98	2.54	-	Upgrade
Tangible Book Value	3,867	3,918	3,692	1,065	906.82	344.45	Upgrade
Tangible Book Value Per Share	9.12	9.25	8.72	2.96	2.52	-	Upgrade
Buildings	-	288.6	275.93	-	-	-	Upgrade
Machinery	-	112.55	74.16	55.99	42.09	7.14	Upgrade
Construction In Progress	-	25.8	0.78	3.5	0.58	0.14	Upgrade

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