SHA:688485 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	530.21	663.54	756.42	245.19	225.62	228.94
Cash & Short-Term Investments	540.27	663.54	756.42	245.19	225.62	228.94
Cash Growth	-2.84%	-12.28%	208.50%	8.68%	-1.45%	182.07%
Accounts Receivable	452.88	437.02	422.38	481.63	419.93	323.74
Other Receivables	12.55	17.33	11.99	10.4	8.71	9.85
Receivables	465.43	454.35	434.37	492.03	428.64	333.6
Inventory	106.04	78.41	96.06	85.05	87.19	102.98
Other Current Assets	6.8	6.03	7.3	16.1	7.97	4.56
Total Current Assets	1,119	1,202	1,294	838.37	749.42	670.07
Property, Plant & Equipment	156.83	126.21	118.72	107.91	106.35	84.31
Long-Term Investments	3.05	3	3.39	9.23	11.93	11.19
Goodwill	4.37	4.37	4.37	4.37	4.37	-
Other Intangible Assets	39.63	41.87	43.72	44.17	45.22	41.03
Long-Term Accounts Receivable	-	49.6	56.51	52.69	36.87	26.2
Long-Term Deferred Tax Assets	18.79	13.22	10.02	10.42	8.55	8.6
Long-Term Deferred Charges	2.87	3.23	3.05	3.34	4.72	4.15
Other Long-Term Assets	83.11	24.81	2.12	6.22	3.83	2.18
Total Assets	1,427	1,469	1,536	1,077	971.25	847.72
Accounts Payable	133.78	124.94	156.79	178.1	172.41	150.46
Accrued Expenses	1.11	23.99	7.65	25.96	30.15	22.67
Short-Term Debt	-	-	3.83	61.25	-	8.27
Current Portion of Leases	2.36	4.61	5.64	2.94	2.92	-
Current Income Taxes Payable	2.95	3.21	0.64	7.42	5.93	0.76
Current Unearned Revenue	1.75	1.08	0.37	3	21.77	5.7
Other Current Liabilities	0.32	6.57	4.66	3.89	6.29	3
Total Current Liabilities	142.26	164.41	179.58	282.56	239.47	190.85
Long-Term Leases	7.08	4.51	6.47	5.95	9.31	-
Long-Term Unearned Revenue	13.93	14.66	15.64	16.55	16.97	18.45
Long-Term Deferred Tax Liabilities	0.03	0.05	0.07	2.07	-	-
Total Liabilities	163.3	183.63	201.77	307.12	265.74	209.3
Common Stock	150.29	150.29	150.29	112.72	112.72	112.72
Additional Paid-In Capital	989.89	989.11	989.11	445.47	445.47	445.47
Retained Earnings	170.87	191.44	187.7	205.63	141.64	80.24
Treasury Stock	-57.97	-57.97	-	-	-	-
Total Common Equity	1,253	1,273	1,327	763.81	699.82	638.43
Minority Interest	10.81	12.14	7.18	5.78	5.69	-
Shareholders' Equity	1,264	1,285	1,334	769.59	705.51	638.43
Total Liabilities & Equity	1,427	1,469	1,536	1,077	971.25	847.72
Total Debt	9.44	9.13	15.94	70.13	12.23	8.27
Net Cash (Debt)	530.83	654.42	740.48	175.06	213.39	220.67
Net Cash Growth	-0.09%	-11.62%	322.99%	-17.96%	-3.30%	376.74%
Net Cash Per Share	3.61	4.69	5.01	1.56	1.89	2.10
Filing Date Shares Outstanding	143.34	143.34	148.2	112.72	112.72	112.72
Total Common Shares Outstanding	143.34	143.34	150.29	112.72	112.72	112.72
Working Capital	976.28	1,038	1,115	555.81	509.96	479.22
Book Value Per Share	8.74	8.88	8.83	6.78	6.21	5.66
Tangible Book Value	1,209	1,227	1,279	715.28	650.24	597.4
Tangible Book Value Per Share	8.44	8.56	8.51	6.35	5.77	5.30
Buildings	-	92.56	90.53	90.53	90.53	80.3
Machinery	-	83.53	66.25	55.82	40.93	33.66
Construction In Progress	-	14.97	11.32	2.86	2.86	3.03
Order Backlog	-	674	-	-	-	-

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