SHA:688498 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	933.39	1,121	1,344	1,420	143.17	10.5
Trading Asset Securities	-	-	-	50.3	58.74	263
Cash & Short-Term Investments	933.39	1,121	1,344	1,470	201.91	273.5
Cash Growth	-16.48%	-16.54%	-8.60%	627.97%	-26.18%	1290.49%
Accounts Receivable	269.63	143.86	124.3	168.76	109.26	63.37
Other Receivables	0.04	16.48	18.09	10.98	0.12	0.15
Receivables	269.67	160.33	142.39	179.74	109.39	63.52
Inventory	120.78	122.71	140.82	95.92	56.4	32.61
Prepaid Expenses	-	-	-	0.13	-	-
Other Current Assets	5.43	6.93	4.12	2.87	4.02	3.33
Total Current Assets	1,329	1,411	1,631	1,749	371.71	372.96
Property, Plant & Equipment	781.62	579.52	553.64	522.18	289.19	160.92
Long-Term Investments	151.97	118.31	30	-	-	-
Other Intangible Assets	14.77	16.4	16.96	14.54	13.31	12.45
Long-Term Deferred Tax Assets	-	4.66	-	-	4.25	2.58
Long-Term Deferred Charges	0.57	0.66	0.53	1.09	3.68	4.62
Other Long-Term Assets	110.22	16.77	4.71	9.35	54.7	4.23
Total Assets	2,388	2,148	2,237	2,296	736.85	557.76
Accounts Payable	73.52	34.51	84.28	137.48	75.41	12.77
Accrued Expenses	18.96	11.14	7.28	16.27	11.89	7.88
Current Portion of Leases	-	0.94	0.91	0.83	1.11	-
Current Income Taxes Payable	1.7	-	-	-	7.8	12.99
Current Unearned Revenue	1.44	1.45	2.1	7.58	3.48	0.09
Other Current Liabilities	39.16	5.91	0.7	2.78	6.38	0.45
Total Current Liabilities	134.77	53.95	95.27	164.94	106.06	34.19
Long-Term Leases	64.14	3.41	0.98	1.89	2.72	-
Long-Term Unearned Revenue	10.83	17.13	15.48	14.22	6.29	3.03
Long-Term Deferred Tax Liabilities	6.41	-	4.52	5.87	0.11	0.3
Other Long-Term Liabilities	0.78	0.28	3.75	6.3	7.19	5.14
Total Liabilities	216.94	74.78	119.99	193.21	122.37	42.66
Common Stock	85.95	85.46	84.84	60	45	45
Additional Paid-In Capital	1,891	1,870	1,845	1,835	462.5	458.41
Retained Earnings	235.93	172.73	187.37	207.29	106.98	11.69
Treasury Stock	-33.73	-55.42	-	-	-	-
Comprehensive Income & Other	-7.24	-0.01	-0.03	-	-	-
Shareholders' Equity	2,171	2,073	2,117	2,102	614.48	515.1
Total Liabilities & Equity	2,388	2,148	2,237	2,296	736.85	557.76
Total Debt	64.14	4.35	1.89	2.72	3.82	-
Net Cash (Debt)	869.25	1,117	1,342	1,467	198.09	273.5
Net Cash Growth	-21.90%	-16.75%	-8.55%	640.65%	-27.57%	-
Net Cash Per Share	7.84	12.75	18.60	23.30	3.15	4.34
Filing Date Shares Outstanding	86.93	85.5	84.84	84.84	63	63
Total Common Shares Outstanding	86.93	85.01	84.84	84	63	63
Working Capital	1,194	1,357	1,536	1,584	265.65	338.77
Book Value Per Share	24.98	24.38	24.95	25.03	9.75	8.18
Tangible Book Value	2,157	2,056	2,100	2,088	601.17	502.65
Tangible Book Value Per Share	24.81	24.19	24.75	24.86	9.54	7.98
Buildings	-	235.53	222.85	214.84	-	-
Machinery	-	482.45	361.92	282.93	216.16	192.84
Construction In Progress	-	43.65	106.86	122.55	143.97	23.17

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