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

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