SHA:688522 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	879.76	1,362	1,735	224.92	160.94	136.02
Trading Asset Securities	762.66	319.5	-	-	-	-
Cash & Short-Term Investments	1,642	1,682	1,735	224.92	160.94	136.02
Cash Growth	5.01%	-3.07%	671.33%	39.75%	18.33%	137.07%
Accounts Receivable	252.87	263.26	295.82	218.52	150.68	101.95
Other Receivables	35.89	4.53	1.39	0.81	0.72	0.48
Receivables	288.76	267.79	297.21	219.33	151.41	102.44
Inventory	279.74	239.94	124.53	99.61	70.28	42.79
Other Current Assets	27.52	34.61	22.62	9.08	6.9	3.07
Total Current Assets	2,238	2,224	2,179	552.94	389.53	284.31
Property, Plant & Equipment	316.16	212.83	105.1	64.36	53.52	29.5
Other Intangible Assets	21.71	22.31	52.38	52.53	54.83	53.36
Long-Term Accounts Receivable	-	3.62	1.66	5.89	9.51	6.17
Long-Term Deferred Tax Assets	38.22	25.51	-	-	-	-
Long-Term Deferred Charges	2.05	3.53	2.73	2.54	2.7	0.66
Other Long-Term Assets	14.31	3.84	12.45	0.14	0.72	0.66
Total Assets	2,631	2,496	2,354	678.41	510.81	374.65
Accounts Payable	101.73	69.8	43	18.52	25.19	13.87
Accrued Expenses	11.9	29.49	10.67	15.91	9.39	4.1
Short-Term Debt	-	-	60.05	60.06	-	0.99
Current Portion of Leases	1.29	2.73	3.1	1.34	1.03	-
Current Income Taxes Payable	14.68	37.28	-	9.06	10.3	1.79
Current Unearned Revenue	205.93	105.79	8.44	4.81	2.07	1.21
Other Current Liabilities	10.24	9.44	16.24	0.18	0.14	0.11
Total Current Liabilities	345.77	254.52	141.5	109.89	48.11	22.08
Long-Term Leases	1.58	2.52	5.25	5.17	5.99	-
Long-Term Unearned Revenue	4.83	1.21	3.27	6.03	14.21	11.61
Long-Term Deferred Tax Liabilities	-	-	10.36	8.61	2.74	2.81
Other Long-Term Liabilities	4.83	3.24	1.71	2.03	1.66	0.61
Total Liabilities	357	261.48	162.09	131.73	72.72	37.11
Common Stock	303	216.53	154.67	116	116	116
Additional Paid-In Capital	1,662	1,745	1,803	182.44	179.8	175.87
Retained Earnings	324.03	287.62	234.21	248.24	142.28	45.67
Treasury Stock	-15.1	-15.1	-	-	-	-
Shareholders' Equity	2,274	2,234	2,191	546.68	438.09	337.54
Total Liabilities & Equity	2,631	2,496	2,354	678.41	510.81	374.65
Total Debt	2.87	5.25	68.4	66.57	7.02	0.99
Net Cash (Debt)	1,640	1,676	1,666	158.35	153.93	135.02
Net Cash Growth	7.30%	0.60%	952.39%	2.88%	14.00%	185.10%
Net Cash Per Share	5.15	5.47	5.64	0.69	0.67	0.59
Filing Date Shares Outstanding	302.62	302.62	303.15	303.15	228.14	227.36
Total Common Shares Outstanding	302.62	302.62	303.15	227.36	228.14	227.36
Working Capital	1,893	1,969	2,038	443.05	341.42	262.22
Book Value Per Share	7.51	7.38	7.23	2.40	1.92	1.48
Tangible Book Value	2,252	2,212	2,139	494.15	383.26	284.18
Tangible Book Value Per Share	7.44	7.31	7.06	2.17	1.68	1.25
Machinery	-	174.9	118.36	82.17	65.77	43.91
Construction In Progress	-	101.74	28.48	10.71	4.01	-

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