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

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