SHA:688585 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	235.02	270.55	358.71	188.7	186.08	246.91
Short-Term Investments	91.58	-	127.31	-	-	-
Trading Asset Securities	-	-	0.01	-	-	-
Cash & Short-Term Investments	326.6	270.55	486.03	188.7	186.08	246.91
Cash Growth	88.43%	-44.33%	157.56%	1.41%	-24.64%	64.04%
Accounts Receivable	923.69	763.98	652.3	1,022	1,057	1,260
Other Receivables	3.45	2.14	2.17	2.28	1.94	7.38
Receivables	927.14	766.12	654.48	1,024	1,059	1,267
Inventory	210.9	179.84	123.64	115.29	182.09	179.86
Other Current Assets	146.67	25.01	14.87	11.23	16.66	32.36
Total Current Assets	1,611	1,242	1,279	1,339	1,444	1,726
Property, Plant & Equipment	274.3	280.39	258.92	238.37	249.08	216.97
Long-Term Investments	270.12	381.36	203.28	208.64	210.39	-
Other Intangible Assets	40.44	41.39	30.46	32.18	34.03	36.44
Long-Term Deferred Tax Assets	14.55	15.28	12.46	5.03	11.8	7.63
Long-Term Deferred Charges	33.42	0.05	0.11	0.17	0.47	0.73
Total Assets	2,244	1,960	1,784	1,824	1,950	1,988
Accounts Payable	546.42	380.79	307.58	297.68	585.45	764.43
Accrued Expenses	10	50.52	46.51	35.02	36.74	32.03
Short-Term Debt	6.29	5.18	-	144.42	233.16	91.17
Current Portion of Long-Term Debt	7.86	0.37	-	-	-	-
Current Portion of Leases	-	3.35	4.25	3.42	3.38	-
Current Income Taxes Payable	29.24	17.32	25.92	14.27	3.73	5.86
Current Unearned Revenue	12.38	4.87	1.76	19	6.49	2.97
Other Current Liabilities	281.1	212.08	179.63	159.51	22.35	26.93
Total Current Liabilities	893.3	674.48	565.66	673.34	891.3	923.4
Long-Term Debt	7.42	7.04	-	-	-	-
Long-Term Leases	5.25	8.01	1.48	3.93	5.51	-
Total Liabilities	905.97	689.53	567.14	677.27	896.82	923.4
Common Stock	403.36	403.36	403.27	403.2	403.2	403.2
Additional Paid-In Capital	324.49	324.49	324.95	324.16	323.39	319.27
Retained Earnings	546.75	498.7	434.22	372.16	288.01	307.69
Comprehensive Income & Other	59.28	39.56	51.08	46.96	38.23	34.38
Total Common Equity	1,334	1,266	1,214	1,146	1,053	1,065
Minority Interest	4.29	4.35	3.58	-	-	-
Shareholders' Equity	1,338	1,270	1,217	1,146	1,053	1,065
Total Liabilities & Equity	2,244	1,960	1,784	1,824	1,950	1,988
Total Debt	26.82	23.95	5.74	151.78	242.05	91.17
Net Cash (Debt)	299.77	246.6	480.29	36.93	-55.97	155.74
Net Cash Growth	91.13%	-48.66%	1200.69%	-	-	24.66%
Net Cash Per Share	0.75	0.61	1.22	0.09	-0.13	0.42
Filing Date Shares Outstanding	403.36	403.36	403.27	403.2	403.2	403.2
Total Common Shares Outstanding	403.36	403.36	403.27	403.2	403.2	403.2
Working Capital	718.02	567.04	713.36	666.02	552.58	802.77
Book Value Per Share	3.31	3.14	3.01	2.84	2.61	2.64
Tangible Book Value	1,293	1,225	1,183	1,114	1,019	1,028
Tangible Book Value Per Share	3.21	3.04	2.93	2.76	2.53	2.55
Buildings	-	202.21	164.07	164.05	159.04	156.92
Machinery	-	309.03	284.67	271.36	259.68	210.71
Construction In Progress	-	22.53	43.57	12.6	15.4	19.13

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