SHA:688528 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	2017 - 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	2017 - 2019
Cash & Equivalents	77.7	86.8	177.67	268.16	276.7	270.64	Upgrade
Trading Asset Securities	-	-	-	-	20	130	Upgrade
Cash & Short-Term Investments	77.7	86.8	177.67	268.16	296.7	400.64	Upgrade
Cash Growth	119.86%	-51.15%	-33.75%	-9.62%	-25.94%	903.06%	Upgrade
Accounts Receivable	222.22	244.55	276.92	271.13	261.25	263.15	Upgrade
Other Receivables	14.02	12.56	10.55	8.98	12.49	9.88	Upgrade
Receivables	236.24	257.11	287.48	280.11	273.74	273.03	Upgrade
Inventory	65.38	71.21	56.98	66.28	69.92	30.45	Upgrade
Other Current Assets	5.56	5.22	4.7	5.93	5.99	1.94	Upgrade
Total Current Assets	384.88	420.34	526.83	620.48	646.36	706.05	Upgrade
Property, Plant & Equipment	341.98	363.26	380.91	325.97	288.41	250.4	Upgrade
Long-Term Investments	3.49	4.03	4.62	5.14	2.12	2.78	Upgrade
Goodwill	4.93	4.96	4.99	-	-	-	Upgrade
Other Intangible Assets	32.49	35.17	42.73	23.07	27.51	16.48	Upgrade
Long-Term Accounts Receivable	-	3.05	2.77	1.46	1.52	0.69	Upgrade
Long-Term Deferred Tax Assets	60.6	61.52	37.05	15.31	4.51	3.8	Upgrade
Long-Term Deferred Charges	2.95	3.91	5.46	2.72	0.04	0.18	Upgrade
Other Long-Term Assets	19.53	11.76	8.55	48.99	20.03	9.91	Upgrade
Total Assets	850.85	908	1,014	1,043	990.49	990.28	Upgrade
Accounts Payable	173.26	138.59	127.88	147.77	155.59	155.97	Upgrade
Accrued Expenses	7.9	25.63	21.35	15	14.93	11.68	Upgrade
Short-Term Debt	32.77	74.07	55.09	39.05	30	30	Upgrade
Current Portion of Long-Term Debt	56.31	25.65	68.48	1.45	-	-	Upgrade
Current Portion of Leases	-	4.52	4.75	3.35	-	-	Upgrade
Current Income Taxes Payable	3.23	-	-	-	-	2.04	Upgrade
Current Unearned Revenue	2.37	2.57	0.75	1.88	0.26	0.01	Upgrade
Other Current Liabilities	1.64	25.66	27.22	20.36	22.85	30.32	Upgrade
Total Current Liabilities	277.49	296.69	305.53	228.85	223.63	230.03	Upgrade
Long-Term Debt	33.35	39.39	-	48.4	-	-	Upgrade
Long-Term Leases	6.27	8.87	3.33	5.32	-	-	Upgrade
Long-Term Unearned Revenue	11.83	12.81	8.75	8.18	8.22	5.61	Upgrade
Long-Term Deferred Tax Liabilities	3.07	3.7	2.4	2.46	-	-	Upgrade
Other Long-Term Liabilities	21.47	-	2.53	-	-	-	Upgrade
Total Liabilities	353.48	361.45	322.54	293.2	231.85	235.64	Upgrade
Common Stock	168	168	168	168	168	168	Upgrade
Additional Paid-In Capital	460.7	453.2	453.2	453.2	453.2	453.2	Upgrade
Retained Earnings	-65.63	4.27	69.5	128.74	137.45	133.44	Upgrade
Treasury Stock	-67.12	-80	-	-	-	-	Upgrade
Total Common Equity	495.94	545.46	690.7	749.94	758.64	754.64	Upgrade
Minority Interest	1.43	1.08	0.67	-	-	-	Upgrade
Shareholders' Equity	497.37	546.55	691.36	749.94	758.64	754.64	Upgrade
Total Liabilities & Equity	850.85	908	1,014	1,043	990.49	990.28	Upgrade
Total Debt	128.7	152.49	131.65	97.56	30	30	Upgrade
Net Cash (Debt)	-51.01	-65.69	46.02	170.6	266.7	370.64	Upgrade
Net Cash Growth	-	-	-73.02%	-36.03%	-28.04%	1594.74%	Upgrade
Net Cash Per Share	-0.32	-0.41	0.27	1.24	1.55	2.49	Upgrade
Filing Date Shares Outstanding	159.24	157.56	168	168	168	168	Upgrade
Total Common Shares Outstanding	159.24	157.56	168	168	168	168	Upgrade
Working Capital	107.38	123.66	221.3	391.63	422.73	476.02	Upgrade
Book Value Per Share	3.11	3.46	4.11	4.46	4.52	4.49	Upgrade
Tangible Book Value	458.52	505.34	642.97	726.87	731.13	738.16	Upgrade
Tangible Book Value Per Share	2.88	3.21	3.83	4.33	4.35	4.39	Upgrade
Buildings	-	194.97	194.02	191.81	168.59	163.04	Upgrade
Machinery	-	249.8	236.14	144.5	111.49	59.47	Upgrade
Construction In Progress	-	28.37	30.67	43.18	46.86	50.11	Upgrade

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