SHA:688586 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	569.23	835.35	1,029	1,053	981.03	1,298
Short-Term Investments	-	-	-	450	-	80
Trading Asset Securities	400.43	421.61	483.86	101.15	530	-
Cash & Short-Term Investments	969.66	1,257	1,513	1,604	1,511	1,378
Cash Growth	-19.30%	-16.90%	-5.71%	6.17%	9.61%	407.01%
Accounts Receivable	1,230	1,043	710.47	489.07	436.55	474.63
Other Receivables	4.84	1.36	0.32	4.57	0.49	0.31
Receivables	1,235	1,045	710.79	493.64	437.03	474.93
Inventory	648.51	550.36	581.38	699.9	685.46	405.87
Prepaid Expenses	-	4.95	2.25	13.03	1.54	1.58
Other Current Assets	27.05	32.38	50.5	70.45	155.36	23.53
Total Current Assets	2,880	2,889	2,858	2,881	2,790	2,284
Property, Plant & Equipment	581.54	588.8	595.91	590.28	524.69	545.01
Long-Term Investments	12.43	13.38	14.16	15.08	11.41	11.43
Other Intangible Assets	70.32	76.66	68.9	74.46	69.36	68.71
Long-Term Deferred Tax Assets	20.73	18.97	18.74	19.16	22.61	24.41
Long-Term Deferred Charges	12.37	11.19	3.1	2.85	3.42	3.99
Other Long-Term Assets	27.8	21.04	26.57	19.14	63.15	49.1
Total Assets	3,605	3,619	3,585	3,602	3,485	2,987
Accounts Payable	803.02	671.45	541.88	499.32	527.58	454.74
Accrued Expenses	25.17	77.93	68.16	87.74	57.32	62.1
Short-Term Debt	10	10	-	-	2.62	40
Current Portion of Long-Term Debt	-	-	-	0.9	-	-
Current Portion of Leases	1.55	3.26	2.11	1.15	1.62	-
Current Income Taxes Payable	3.48	-	-	-	-	-
Current Unearned Revenue	30.08	61.98	195.34	317.3	386.65	27.29
Other Current Liabilities	42.05	27.85	31.79	49.94	27.53	26.87
Total Current Liabilities	915.34	852.47	839.28	956.35	1,003	611.01
Long-Term Debt	-	-	-	2.1	-	-
Long-Term Leases	0.25	0.97	2.33	-	1.7	-
Long-Term Unearned Revenue	249.64	262.11	278.77	295.39	313.1	333.33
Pension & Post-Retirement Benefits	-	46.29	45.12	54.32	81.06	68.84
Long-Term Deferred Tax Liabilities	3.95	4.81	5.65	5.29	-	-
Other Long-Term Liabilities	-31.5	-42.85	-63.25	-72.07	1.56	43.77
Total Liabilities	1,138	1,124	1,108	1,241	1,401	1,057
Common Stock	791.34	791.34	791.34	565.24	403.74	403.74
Additional Paid-In Capital	948.66	948.66	948.66	1,146	1,225	1,225
Retained Earnings	708.54	737.37	714.85	623.61	452.28	281.68
Comprehensive Income & Other	18.77	18.06	22.21	26.47	2.95	19.34
Total Common Equity	2,467	2,495	2,477	2,361	2,084	1,930
Shareholders' Equity	2,467	2,495	2,477	2,361	2,084	1,930
Total Liabilities & Equity	3,605	3,619	3,585	3,602	3,485	2,987
Total Debt	11.8	14.23	4.44	4.15	5.94	40
Net Cash (Debt)	957.86	1,243	1,508	1,600	1,505	1,338
Net Cash Growth	-19.22%	-17.60%	-5.75%	6.31%	12.45%	392.30%
Net Cash Per Share	1.17	1.59	1.88	2.03	1.89	1.97
Filing Date Shares Outstanding	791.34	791.34	791.34	791.34	791.34	791.34
Total Common Shares Outstanding	791.34	791.34	791.34	791.34	791.34	791.34
Working Capital	1,964	2,037	2,018	1,925	1,787	1,673
Book Value Per Share	3.12	3.15	3.13	2.98	2.63	2.44
Tangible Book Value	2,397	2,419	2,408	2,286	2,015	1,861
Tangible Book Value Per Share	3.03	3.06	3.04	2.89	2.55	2.35
Buildings	-	490.79	490.79	453.79	447.49	447.49
Machinery	-	712.85	645.52	643.5	555	543.33
Construction In Progress	-	3.46	32.35	36.99	26.14	26.29

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