SHA:688595 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	353.76	611.59	550.76	636.82	381.8	557.48
Trading Asset Securities	20.03	-	-	94.16	52.06	67.63
Cash & Short-Term Investments	373.79	611.59	550.76	730.98	433.87	625.11
Cash Growth	14.84%	11.05%	-24.66%	68.48%	-30.59%	747.72%
Accounts Receivable	195.88	160.3	162.74	256.23	137.67	78.36
Other Receivables	45.98	46.79	3.72	5.15	4.85	1.12
Receivables	241.86	207.08	166.46	261.38	142.51	79.48
Inventory	288.76	287.66	190.14	206.18	127.27	122.33
Prepaid Expenses	-	-	-	-	2.66	-
Other Current Assets	132.21	98.93	80.77	93.94	70.12	35.64
Total Current Assets	1,037	1,205	988.13	1,292	776.43	862.56
Property, Plant & Equipment	283.7	237.22	193.26	166.42	149.45	118.41
Long-Term Investments	54.45	28.86	28	28	18	-
Other Intangible Assets	106.93	116.14	149.98	127.94	109.01	20.34
Long-Term Deferred Tax Assets	69.39	58.18	36.9	24.25	14.78	2.67
Long-Term Deferred Charges	40.88	44.29	45.58	43.92	27.82	13.89
Other Long-Term Assets	17.29	5.3	10.26	17.93	22.69	3.14
Total Assets	1,609	1,695	1,452	1,701	1,118	1,021
Accounts Payable	92.6	32.78	10.55	10.36	1.33	27.03
Accrued Expenses	15.47	86.13	67.42	66.27	50.32	15.97
Short-Term Debt	180.12	270.11	38.03	130.36	-	79.97
Current Portion of Long-Term Debt	13.33	2.21	1.29	-	-	2.38
Current Portion of Leases	-	11.69	6.32	11.97	7.1	-
Current Income Taxes Payable	5.87	-	-	-	-	-
Current Unearned Revenue	2.46	2.84	2.27	1.43	3.85	3.45
Other Current Liabilities	8.93	31.84	24.88	18.34	44.28	3.88
Total Current Liabilities	318.77	437.59	150.76	238.73	106.88	132.68
Long-Term Debt	448.23	456.19	355.29	339.67	-	19.26
Long-Term Leases	25.2	12.9	2.1	6.03	13.51	-
Long-Term Unearned Revenue	24.65	31.72	28.04	19.22	9.48	11.91
Total Liabilities	816.85	938.41	536.19	603.66	129.88	163.86
Common Stock	144.09	142.43	142.43	142.16	100	100
Additional Paid-In Capital	790.68	758.46	685.66	724.24	650	585.47
Retained Earnings	-157.83	-94.86	78.02	221.47	238.38	172.75
Treasury Stock	-60.01	-120.03	-60.02	-60.02	-	-
Comprehensive Income & Other	71.79	69.4	69.4	69.4	-	-
Total Common Equity	788.72	755.4	915.49	1,097	988.38	858.23
Minority Interest	3.69	1.44	0.44	0.04	-0.08	-1.07
Shareholders' Equity	792.41	756.84	915.92	1,097	988.3	857.16
Total Liabilities & Equity	1,609	1,695	1,452	1,701	1,118	1,021
Total Debt	666.87	753.1	403.02	488.03	20.62	101.61
Net Cash (Debt)	-293.09	-141.51	147.73	242.95	413.25	523.5
Net Cash Growth	-	-	-39.19%	-41.21%	-21.06%	874.62%
Net Cash Per Share	-2.09	-1.01	1.04	1.72	2.94	4.60
Filing Date Shares Outstanding	132.22	108.8	141.35	141.08	140	140
Total Common Shares Outstanding	132.22	108.8	141.35	141.08	140	140
Working Capital	717.84	767.66	837.37	1,054	669.54	729.88
Book Value Per Share	5.97	6.94	6.48	7.78	7.06	6.13
Tangible Book Value	681.78	639.26	765.5	969.31	879.36	837.89
Tangible Book Value Per Share	5.16	5.88	5.42	6.87	6.28	5.98
Buildings	-	111.57	111.57	111.57	111.57	111.57
Machinery	-	92.04	82.57	68.94	40.91	21.85
Construction In Progress	-	75.59	36.92	4.37	-	-

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