SHA:688557 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	231.17	219.29	164.14	159.25	126.92	432.67	Upgrade
Trading Asset Securities	210.32	195.21	90.07	181.46	391	145.1	Upgrade
Cash & Short-Term Investments	441.49	414.5	254.21	340.71	517.92	577.76	Upgrade
Cash Growth	85.17%	63.05%	-25.39%	-34.22%	-10.36%	346.12%	Upgrade
Accounts Receivable	970.09	791.59	666.5	421.77	344.13	202.65	Upgrade
Other Receivables	41.74	49.53	33.97	26.3	18.5	14.34	Upgrade
Receivables	1,012	841.12	700.47	448.06	362.63	216.99	Upgrade
Inventory	297.23	209.09	162.41	247.9	227.41	103.69	Upgrade
Other Current Assets	15.69	4.1	21.25	18.2	61.56	12.21	Upgrade
Total Current Assets	1,766	1,469	1,138	1,055	1,170	910.65	Upgrade
Property, Plant & Equipment	254.67	270.38	288.53	270.13	214.71	150.24	Upgrade
Other Intangible Assets	33.06	33.7	33.29	14.08	14.36	13.73	Upgrade
Long-Term Accounts Receivable	10.4	149.7	143.39	166.63	-	-	Upgrade
Long-Term Deferred Tax Assets	33.45	29.26	19.04	11.6	8.49	5.39	Upgrade
Long-Term Deferred Charges	-	-	0.38	0.75	-	-	Upgrade
Other Long-Term Assets	213.19	-	-	0.64	22.04	0.37	Upgrade
Total Assets	2,311	1,952	1,623	1,519	1,429	1,080	Upgrade
Accounts Payable	819.26	498.52	310.95	271.58	228.97	49.48	Upgrade
Accrued Expenses	24.48	69.68	60.47	61.17	27.18	35.63	Upgrade
Short-Term Debt	-	-	10	-	-	-	Upgrade
Current Portion of Long-Term Debt	-	-	-	-	-	2.02	Upgrade
Current Portion of Leases	1.38	1.35	0.5	-	-	-	Upgrade
Current Income Taxes Payable	10.65	11.34	15.15	7.46	8.7	4.71	Upgrade
Current Unearned Revenue	166.12	154.05	94.82	154.9	186.39	74.89	Upgrade
Other Current Liabilities	27.33	15.42	10.45	4.86	28	9.27	Upgrade
Total Current Liabilities	1,049	750.35	502.32	499.97	479.23	176.01	Upgrade
Long-Term Debt	-	-	-	-	-	11.99	Upgrade
Long-Term Leases	0.69	1.37	0.17	-	0.32	-	Upgrade
Long-Term Unearned Revenue	17	17.85	18.98	14.82	15.64	16.46	Upgrade
Long-Term Deferred Tax Liabilities	0.36	0.49	0.11	0.07	0.44	-	Upgrade
Other Long-Term Liabilities	16.84	13.13	10.26	8.92	5.25	2.73	Upgrade
Total Liabilities	1,084	783.19	531.84	523.78	500.87	207.19	Upgrade
Common Stock	102.68	102.21	73.01	72.67	72.67	72.67	Upgrade
Additional Paid-In Capital	594.02	584.3	614.56	601.52	600.66	600.66	Upgrade
Retained Earnings	542.06	482.04	403.56	320.74	254.92	199.86	Upgrade
Comprehensive Income & Other	0.15	0.1	-0	-	-	-	Upgrade
Shareholders' Equity	1,227	1,169	1,091	994.93	928.26	873.19	Upgrade
Total Liabilities & Equity	2,311	1,952	1,623	1,519	1,429	1,080	Upgrade
Total Debt	2.06	2.71	10.67	-	0.32	14.01	Upgrade
Net Cash (Debt)	439.42	411.78	243.54	340.71	517.6	563.75	Upgrade
Net Cash Growth	86.99%	69.08%	-28.52%	-34.17%	-8.19%	419.65%	Upgrade
Net Cash Per Share	4.33	4.04	2.36	3.28	5.10	7.21	Upgrade
Filing Date Shares Outstanding	98.89	102.21	102.21	101.74	101.74	101.74	Upgrade
Total Common Shares Outstanding	98.89	102.21	102.21	101.74	101.74	101.74	Upgrade
Working Capital	717.03	718.45	636.02	554.91	690.29	734.64	Upgrade
Book Value Per Share	12.41	11.43	10.68	9.78	9.12	8.58	Upgrade
Tangible Book Value	1,194	1,135	1,058	980.84	913.9	859.46	Upgrade
Tangible Book Value Per Share	12.07	11.10	10.35	9.64	8.98	8.45	Upgrade
Buildings	-	210.45	210.45	176.12	100.07	100.07	Upgrade
Machinery	-	178.17	176.14	161.6	104.15	102.71	Upgrade
Construction In Progress	-	0.15	0.71	10.52	74.65	0.85	Upgrade
Order Backlog	-	1,298	-	-	-	-	Upgrade

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