SHA:688569 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	1,565	1,418	1,518	1,236	1,375	1,065
Trading Asset Securities	-	201.77	-	-	-	250.68
Cash & Short-Term Investments	1,565	1,620	1,518	1,236	1,375	1,315
Cash Growth	6.24%	6.69%	22.82%	-10.13%	4.55%	491.92%
Accounts Receivable	1,047	991.69	801.79	886.05	844.94	734.47
Other Receivables	6.63	3.91	8.41	6.55	7.36	4.5
Receivables	1,054	995.6	810.2	892.6	852.31	738.97
Inventory	437.14	350.63	512.06	469.99	382.72	376.42
Prepaid Expenses	-	0.67	4.46	-	-	0.09
Other Current Assets	23.64	40.15	50.62	33.26	30.14	23.24
Total Current Assets	3,080	3,007	2,895	2,632	2,640	2,454
Property, Plant & Equipment	631.1	632.63	664.87	624.82	434.12	311.64
Long-Term Investments	50.2	52.54	50.53	49.5	43.25	40.77
Other Intangible Assets	120.21	124.14	128.17	130.27	134.56	130.61
Long-Term Deferred Tax Assets	37.68	31.68	35	23.27	22.08	17.54
Long-Term Deferred Charges	0.95	1.37	2.54	2.62	3.72	5.18
Other Long-Term Assets	4.24	2.23	2.02	18.22	15.07	-
Total Assets	3,925	3,851	3,779	3,481	3,293	2,960
Accounts Payable	435.69	471.02	536.37	497.71	441.89	369.1
Accrued Expenses	60.76	32.82	31.24	36.5	31.91	29.88
Short-Term Debt	-	-	-	-	40.29	-
Current Portion of Leases	4.76	4.18	4	3.82	2.34	-
Current Income Taxes Payable	15.1	6.39	4.07	10.87	12.33	6.65
Current Unearned Revenue	1.96	1	0.81	16.48	5.1	3.3
Other Current Liabilities	30.59	20.26	37.43	41	119.46	82.19
Total Current Liabilities	548.87	535.68	613.91	606.38	653.33	491.12
Long-Term Leases	10.44	8.96	13.14	17.13	-	-
Long-Term Unearned Revenue	3.89	4.63	4.52	1.94	2.23	2.71
Long-Term Deferred Tax Liabilities	1.62	2.11	2.46	-	-	0.11
Total Liabilities	564.81	551.38	634.03	625.45	655.56	493.94
Common Stock	210.67	210.67	210.67	210.67	210.67	210.67
Additional Paid-In Capital	1,156	1,156	1,156	1,156	1,156	1,156
Retained Earnings	1,493	1,476	1,356	1,139	955.2	812.48
Comprehensive Income & Other	7.56	4.84	2.23	-	-	-
Total Common Equity	2,867	2,847	2,725	2,506	2,322	2,179
Minority Interest	492.85	452.47	419.04	348.81	315.87	286.82
Shareholders' Equity	3,360	3,300	3,145	2,855	2,638	2,466
Total Liabilities & Equity	3,925	3,851	3,779	3,481	3,293	2,960
Total Debt	15.19	13.14	17.13	20.95	42.63	-
Net Cash (Debt)	1,550	1,606	1,501	1,215	1,333	1,315
Net Cash Growth	6.49%	7.03%	23.53%	-8.83%	1.31%	764.09%
Net Cash Per Share	7.36	7.65	7.13	5.74	6.35	7.49
Filing Date Shares Outstanding	210.67	210.67	210.67	210.67	210.67	210.67
Total Common Shares Outstanding	210.67	210.67	210.67	210.67	210.67	210.67
Working Capital	2,531	2,471	2,282	2,025	1,987	1,963
Book Value Per Share	13.61	13.52	12.94	11.90	11.02	10.34
Tangible Book Value	2,747	2,723	2,597	2,376	2,187	2,049
Tangible Book Value Per Share	13.04	12.93	12.33	11.28	10.38	9.72
Buildings	-	338.06	333.41	207.28	82.04	82
Machinery	-	641.48	592.97	430.1	319.01	289.34
Construction In Progress	-	26.02	30.91	213.96	239.38	118.2

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.