SHA:688518 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	695.6	839.01	986.34	276.89	249.16	309.31
Trading Asset Securities	577.07	352.6	392.2	95.32	404.3	555.43
Cash & Short-Term Investments	1,273	1,192	1,379	372.22	653.46	864.74
Cash Growth	15.52%	-13.56%	270.36%	-43.04%	-24.43%	294.06%
Accounts Receivable	2,434	2,241	2,062	1,674	945.91	608.38
Other Receivables	35.1	28.93	21.45	17.01	26.91	16.41
Receivables	2,469	2,270	2,084	1,691	972.82	624.79
Inventory	2,408	2,054	2,486	2,608	1,804	775.08
Other Current Assets	72.13	116	75.07	158.25	91.82	60.25
Total Current Assets	6,222	5,631	6,024	4,830	3,522	2,325
Property, Plant & Equipment	1,131	970.02	731.19	579.66	323.85	119.52
Long-Term Investments	299.3	245.33	44.82	45.13	30	-
Other Intangible Assets	110.81	111.37	113.06	104.57	68.09	67.5
Long-Term Accounts Receivable	-	18.46	5.37	9.23	6.42	-
Long-Term Deferred Tax Assets	57.71	49.88	38.91	39.05	31.22	14.79
Long-Term Deferred Charges	8.53	8.47	11.84	10.8	6.63	5.72
Other Long-Term Assets	-	10.49	6.6	42.7	24.35	6.23
Total Assets	7,829	7,045	6,975	5,661	4,013	2,539
Accounts Payable	2,003	1,515	1,670	1,546	1,068	483.95
Accrued Expenses	63.7	261.14	220.1	174.75	123.32	88.31
Short-Term Debt	538.33	595.2	222.21	184.72	17	-
Current Portion of Long-Term Debt	52.69	5.43	1.55	43.44	0.46	0.72
Current Portion of Leases	-	0.37	18.18	10.62	12.71	-
Current Income Taxes Payable	136.93	15.82	13.11	22.21	3.89	6.85
Current Unearned Revenue	1,590	1,325	1,663	1,720	1,169	469.87
Other Current Liabilities	109.53	123.39	135.14	163.23	76.91	34.92
Total Current Liabilities	4,494	3,841	3,943	3,865	2,471	1,085
Long-Term Debt	99.72	46.18	1.71	1.4	1.9	2.69
Long-Term Leases	3.46	-	7.41	2.39	8.02	-
Long-Term Unearned Revenue	26.82	8.54	8.7	11.77	12.6	10.12
Total Liabilities	4,624	3,896	3,961	3,881	2,493	1,097
Common Stock	341.33	341.25	339.04	300.96	299.2	299.2
Additional Paid-In Capital	1,789	1,788	1,774	824.23	794.68	772.11
Retained Earnings	1,075	1,018	903.04	657.23	426.08	369.98
Comprehensive Income & Other	-2.46	-0.51	-2.5	-2.38	-1.04	-0.29
Total Common Equity	3,202	3,147	3,014	1,780	1,519	1,441
Minority Interest	2.98	3.05	0.8	0.4	0.28	0.21
Shareholders' Equity	3,205	3,150	3,014	1,780	1,519	1,441
Total Liabilities & Equity	7,829	7,045	6,975	5,661	4,013	2,539
Total Debt	694.2	647.17	251.06	242.56	40.09	3.41
Net Cash (Debt)	578.47	544.44	1,127	129.66	613.37	861.32
Net Cash Growth	29.63%	-51.71%	769.56%	-78.86%	-28.79%	386.68%
Net Cash Per Share	1.70	1.60	3.35	0.43	2.07	3.34
Filing Date Shares Outstanding	341.33	341.25	339.04	300.9	299.2	299.2
Total Common Shares Outstanding	341.33	341.25	339.04	300.9	299.2	299.2
Working Capital	1,728	1,791	2,081	964.87	1,051	1,240
Book Value Per Share	9.38	9.22	8.89	5.92	5.08	4.82
Tangible Book Value	3,091	3,035	2,901	1,675	1,451	1,373
Tangible Book Value Per Share	9.06	8.90	8.56	5.57	4.85	4.59
Buildings	-	569.48	561.72	494.25	221.36	-
Machinery	-	177.17	164.33	135.86	94.11	57.29
Construction In Progress	-	368.78	82.85	0.52	28.38	91.17
Order Backlog	-	3,500	-	-	-	-

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