SHA:688503 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	2018 - 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	2018 - 2019
Cash & Equivalents	1,165	622.08	748.8	773.19	107.42	29.99	Upgrade
Trading Asset Securities	938.64	1,139	1,394	1,999	-	11	Upgrade
Cash & Short-Term Investments	2,104	1,761	2,143	2,772	107.42	40.99	Upgrade
Cash Growth	12.77%	-17.85%	-22.70%	2480.75%	162.07%	543.22%	Upgrade
Accounts Receivable	6,257	3,826	3,220	2,015	1,862	1,037	Upgrade
Other Receivables	113.07	108.18	61.8	31.14	54.66	30.98	Upgrade
Receivables	6,370	3,935	3,282	2,046	1,916	1,068	Upgrade
Inventory	1,388	929.46	1,327	604.6	533.47	285.67	Upgrade
Other Current Assets	438.66	166.66	41.77	98.05	154.99	8.76	Upgrade
Total Current Assets	10,300	6,791	6,794	5,521	2,712	1,403	Upgrade
Property, Plant & Equipment	472.9	321.25	218.91	137.25	65.52	18.52	Upgrade
Long-Term Investments	818.02	644.73	284.52	-	-	-	Upgrade
Goodwill	-	-	23.45	-	-	-	Upgrade
Other Intangible Assets	90.52	108.79	115.3	126.71	68.98	45.22	Upgrade
Long-Term Deferred Tax Assets	92.99	56.33	34.36	19.52	11.76	8.45	Upgrade
Long-Term Deferred Charges	12.92	7.83	16.8	2.45	3.32	6.97	Upgrade
Other Long-Term Assets	35.81	45.75	8.39	4.78	2.84	2.63	Upgrade
Total Assets	11,824	7,976	7,496	5,811	2,865	1,485	Upgrade
Accounts Payable	1,152	528.79	476.21	338.13	237.14	84.58	Upgrade
Accrued Expenses	53.21	91.71	72.64	87.11	101.72	52.48	Upgrade
Short-Term Debt	5,242	2,597	1,930	765.58	1,265	346.56	Upgrade
Current Portion of Leases	4.75	5.01	5.51	3.49	2.36	-	Upgrade
Current Income Taxes Payable	39.39	20.42	21.7	9.27	3.11	-	Upgrade
Current Unearned Revenue	35.7	40.68	35.58	32.42	1.94	0.71	Upgrade
Other Current Liabilities	420.48	13.65	10.58	9.64	6.74	9.69	Upgrade
Total Current Liabilities	6,948	3,297	2,552	1,246	1,618	494.03	Upgrade
Long-Term Leases	6.71	10.19	9.96	9.11	-	-	Upgrade
Long-Term Unearned Revenue	19.78	20.95	8.96	9.44	9.6	-	Upgrade
Long-Term Deferred Tax Liabilities	9.36	5.59	4.49	-	1.69	1.36	Upgrade
Total Liabilities	6,984	3,334	2,576	1,264	1,629	495.39	Upgrade
Common Stock	242.03	242.03	165.63	111.91	83.91	83.91	Upgrade
Additional Paid-In Capital	3,421	3,452	3,526	3,597	704.94	704.94	Upgrade
Retained Earnings	1,597	1,458	1,220	838.1	446.89	200.54	Upgrade
Treasury Stock	-444.56	-520.02	-	-	-	-	Upgrade
Comprehensive Income & Other	31.51	12.38	8.02	-	-	-	Upgrade
Total Common Equity	4,847	4,644	4,920	4,547	1,236	989.39	Upgrade
Minority Interest	-7.06	-2.12	-	-	-	-	Upgrade
Shareholders' Equity	4,840	4,642	4,920	4,547	1,236	989.39	Upgrade
Total Liabilities & Equity	11,824	7,976	7,496	5,811	2,865	1,485	Upgrade
Total Debt	5,254	2,612	1,946	778.18	1,267	346.56	Upgrade
Net Cash (Debt)	-3,149	-851.32	197.28	1,994	-1,160	-305.57	Upgrade
Net Cash Growth	-	-	-90.11%	-	-	-	Upgrade
Net Cash Per Share	-13.11	-3.58	0.81	10.85	-6.31	-1.91	Upgrade
Filing Date Shares Outstanding	231.48	230.17	245.13	245.13	183.8	183.8	Upgrade
Total Common Shares Outstanding	231.48	230.17	245.13	245.13	183.8	183.8	Upgrade
Working Capital	3,352	3,494	4,242	4,275	1,095	908.96	Upgrade
Book Value Per Share	20.94	20.18	20.07	18.55	6.72	5.38	Upgrade
Tangible Book Value	4,756	4,536	4,781	4,420	1,167	944.17	Upgrade
Tangible Book Value Per Share	20.55	19.71	19.50	18.03	6.35	5.14	Upgrade
Buildings	-	53.18	53.18	53.18	-	-	Upgrade
Machinery	-	184.07	132.85	74.21	31.69	23.88	Upgrade
Construction In Progress	-	123.41	43.31	2.1	42.6	0.92	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.