SHA:688552 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	1,431	1,690	2,085	304.87	685.05	850.37
Cash & Short-Term Investments	1,431	1,690	2,085	304.87	685.05	850.37
Cash Growth	-15.59%	-18.95%	583.92%	-55.50%	-19.44%	60.99%
Accounts Receivable	485.13	289.8	302.19	873.09	313.42	163.18
Other Receivables	0.96	24.58	17.08	1.72	-	-
Receivables	486.09	314.38	319.27	874.81	313.42	163.18
Inventory	538.96	531.53	387.26	441.73	439.92	298.94
Prepaid Expenses	-	40.49	-	-	-	-
Other Current Assets	115.91	58.12	46.32	18.45	13.33	12.14
Total Current Assets	2,571	2,635	2,838	1,640	1,452	1,325
Property, Plant & Equipment	456.63	461.93	305.69	77.2	65.1	57.5
Other Intangible Assets	98.74	101.5	95.87	95.34	96.7	98.11
Long-Term Deferred Tax Assets	37.77	35.35	8.53	6.54	3.74	3.12
Long-Term Deferred Charges	14.46	16.31	-	-	-	-
Other Long-Term Assets	4.24	3.16	22	32.18	-	0.04
Total Assets	3,183	3,253	3,270	1,851	1,617	1,483
Accounts Payable	425.12	398.15	450.4	612.53	636.06	521.31
Accrued Expenses	1.3	34.15	20.46	48.74	4.19	4.52
Current Portion of Leases	1.88	3.36	1.19	1.02	2.69	-
Current Income Taxes Payable	1.3	-	-	7.27	5.41	36.19
Current Unearned Revenue	57.99	143.6	117.9	211.98	99.04	112.33
Other Current Liabilities	0.43	14.91	8.58	10.95	33.07	8.34
Total Current Liabilities	488.03	594.16	598.52	892.48	780.46	682.7
Long-Term Leases	2.93	0.06	0.05	0.4	1.03	-
Long-Term Unearned Revenue	98.28	100.42	2.68	-	0.29	5.95
Long-Term Deferred Tax Liabilities	0.86	0.63	0.25	0.29	0.63	-
Other Long-Term Liabilities	0.31	0.31	0.32	0.33	0.3	9.34
Total Liabilities	590.41	695.58	601.83	893.5	782.71	697.98
Common Stock	337.25	337.25	337.25	252.94	252.94	252.94
Additional Paid-In Capital	1,628	1,628	1,628	55.72	55.72	55.72
Retained Earnings	609.82	572.33	681.59	626.35	507.43	462.31
Comprehensive Income & Other	17.8	19.59	21.3	22.6	18.47	14.44
Shareholders' Equity	2,593	2,557	2,668	957.61	834.56	785.41
Total Liabilities & Equity	3,183	3,253	3,270	1,851	1,617	1,483
Total Debt	4.82	3.42	1.24	1.42	3.73	-
Net Cash (Debt)	1,426	1,687	2,084	303.45	681.33	850.37
Net Cash Growth	-15.73%	-19.06%	586.71%	-55.46%	-19.88%	60.99%
Net Cash Per Share	4.23	4.96	6.92	1.20	2.71	3.40
Filing Date Shares Outstanding	337.25	337.25	337.25	337.25	252.94	250.05
Total Common Shares Outstanding	337.25	337.25	337.25	252.94	252.94	250.05
Working Capital	2,083	2,040	2,239	747.37	671.27	641.93
Book Value Per Share	7.69	7.58	7.91	3.79	3.30	3.14
Tangible Book Value	2,494	2,456	2,572	862.27	737.86	687.3
Tangible Book Value Per Share	7.40	7.28	7.63	3.41	2.92	2.75
Buildings	-	335.55	45.99	45.99	45.99	45.99
Machinery	-	207.93	140.73	136.69	127.59	118.61
Construction In Progress	-	64.51	253.91	19.75	5.36	2.5

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