SHA:688562 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	1,001	1,289	1,675	931.45	937.24	684.98
Trading Asset Securities	345.89	470.88	316.4	50.08	-	-
Cash & Short-Term Investments	1,347	1,760	1,992	981.52	937.24	684.98
Cash Growth	-11.72%	-11.62%	102.94%	4.72%	36.83%	181.13%
Accounts Receivable	363.83	392.14	438.49	399.86	296.19	255.23
Other Receivables	34.54	31.26	30.04	34.27	25.45	36.4
Receivables	398.37	423.4	468.54	434.13	321.64	291.63
Inventory	856.09	568.14	674.64	1,157	1,330	968.19
Other Current Assets	94.28	73.8	77.99	52.45	65.57	62.7
Total Current Assets	2,696	2,826	3,213	2,626	2,655	2,008
Property, Plant & Equipment	238.98	220.84	244.8	273.67	264.88	250.26
Long-Term Investments	-	-	36.45	36.45	36.45	36.45
Other Intangible Assets	20.29	21.61	21.34	23.95	23.79	11.8
Long-Term Accounts Receivable	-	72.08	56.48	22.52	26.82	23.86
Long-Term Deferred Tax Assets	34.53	28.26	45	36.28	28.84	27.8
Long-Term Deferred Charges	1.22	1.13	0.89	1.31	6.63	1.37
Other Long-Term Assets	84.72	0.97	0.53	0.19	-	-
Total Assets	3,075	3,171	3,619	3,020	3,042	2,359
Accounts Payable	509.7	579.5	656.03	887.01	746.49	562.54
Accrued Expenses	51.85	71.39	96.03	96.58	80.27	77.96
Short-Term Debt	-	2	7	16.28	54	61
Current Portion of Leases	3.52	4.02	6.19	10.14	6.88	-
Current Income Taxes Payable	-	-	-	-	0.54	0.54
Current Unearned Revenue	671.23	552.4	691.91	1,132	1,325	843.69
Other Current Liabilities	97.78	138.18	151.93	96.49	47.56	46.73
Total Current Liabilities	1,334	1,347	1,609	2,238	2,260	1,592
Long-Term Leases	4.38	6.51	3.67	6.4	9.34	-
Long-Term Unearned Revenue	68.38	45.43	155.22	162.64	231.74	287.56
Long-Term Deferred Tax Liabilities	1.46	2.26	2.58	2.61	-	-
Other Long-Term Liabilities	-	-	-	-	0	-0
Total Liabilities	1,408	1,402	1,771	2,410	2,501	1,880
Common Stock	400	400	400	300	300	591.08
Additional Paid-In Capital	1,372	1,372	1,374	304.32	302.68	303.95
Retained Earnings	-137.48	-34.89	44.59	-13.98	-74.15	-415.51
Comprehensive Income & Other	-	-	-	-	-	0
Total Common Equity	1,634	1,737	1,818	590.34	528.53	479.52
Minority Interest	32.71	31.94	29.78	19.54	12.23	-0.49
Shareholders' Equity	1,667	1,769	1,848	609.88	540.76	479.03
Total Liabilities & Equity	3,075	3,171	3,619	3,020	3,042	2,359
Total Debt	7.9	12.52	16.86	32.81	70.22	61
Net Cash (Debt)	1,339	1,748	1,975	948.71	867.02	623.98
Net Cash Growth	-11.64%	-11.50%	108.18%	9.42%	38.95%	850.36%
Net Cash Per Share	3.51	4.47	5.39	3.16	2.89	2.83
Filing Date Shares Outstanding	400	400	400	300	300	220.82
Total Common Shares Outstanding	400	400	400	300	300	220.82
Working Capital	1,362	1,478	1,604	387.17	394.42	415.03
Book Value Per Share	4.09	4.34	4.55	1.97	1.76	2.17
Tangible Book Value	1,614	1,715	1,797	566.39	504.73	467.72
Tangible Book Value Per Share	4.04	4.29	4.49	1.89	1.68	2.12
Buildings	-	212.5	212.5	212.5	212.5	220.75
Machinery	-	186.42	183.13	159.39	149.94	85.48
Construction In Progress	-	2.94	-	28.11	8.8	52.06

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