SHA:688597 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	230.27	504.34	840.69	453.56	321.88	261.74
Trading Asset Securities	440.63	239.04	-	91.81	169.21	-
Cash & Short-Term Investments	670.9	743.37	840.69	545.37	491.09	261.74
Cash Growth	31.52%	-11.58%	54.15%	11.05%	87.62%	-11.76%
Accounts Receivable	353.34	363.84	255.37	339.25	243.81	258.32
Other Receivables	12.99	9.12	7.28	4.6	5.62	5.08
Receivables	366.34	372.96	262.66	343.85	249.43	263.39
Inventory	156.41	111.77	65.08	58.92	42.46	40
Other Current Assets	134.89	41.41	38.36	23.75	36.49	20.6
Total Current Assets	1,329	1,270	1,207	971.89	819.46	585.74
Property, Plant & Equipment	381.58	348.63	338.76	332.49	206.91	193.03
Long-Term Investments	106.29	69.05	122.16	68.31	60.21	50
Other Intangible Assets	22.67	22.94	22.97	23.65	24.32	24.58
Long-Term Accounts Receivable	-	41.13	13.53	14.91	12.62	23.83
Long-Term Deferred Tax Assets	50.47	41.14	31.37	6.86	6.75	7.29
Long-Term Deferred Charges	34.41	33.58	33.38	0.49	0.53	0.3
Other Long-Term Assets	63.49	12.95	20.41	-	-	0.09
Total Assets	1,987	1,839	1,789	1,419	1,131	884.85
Accounts Payable	379.95	334.33	219.49	262.45	171.32	161.26
Accrued Expenses	22.17	55.25	38.48	39.72	34.45	32.51
Short-Term Debt	35	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	20.11	4.25	-
Current Portion of Leases	8.07	7.45	9.89	9.24	7.11	-
Current Income Taxes Payable	11.25	30.08	31.86	21.55	1.26	2.09
Current Unearned Revenue	151.29	77.95	32.01	31.19	19.52	39.03
Other Current Liabilities	28.43	23.55	14.6	23.97	21.84	15.91
Total Current Liabilities	636.15	528.6	346.32	408.24	259.76	250.8
Long-Term Debt	370.68	361.54	348.27	60	80	84.25
Long-Term Leases	59.24	64.09	73.99	81.67	6.82	-
Long-Term Deferred Tax Liabilities	17.89	13.05	22.46	2.83	1.71	-
Total Liabilities	1,084	967.28	791.04	552.73	348.29	335.05
Common Stock	336.06	247.1	247.06	176.47	176.47	132.35
Additional Paid-In Capital	218.62	307.58	311.3	379.42	372.97	189.49
Retained Earnings	408.77	406.43	306.54	292.72	224.4	227.96
Treasury Stock	-179.7	-179.7	-	-	-	-
Comprehensive Income & Other	115.68	83.27	127.17	17.26	8.68	-
Total Common Equity	899.43	864.68	992.06	865.87	782.52	549.8
Minority Interest	4.06	6.98	6.27	-	-	-
Shareholders' Equity	903.49	871.65	998.33	865.87	782.52	549.8
Total Liabilities & Equity	1,987	1,839	1,789	1,419	1,131	884.85
Total Debt	472.99	433.07	432.15	171.02	98.19	84.25
Net Cash (Debt)	197.91	310.3	408.54	374.35	392.9	177.49
Net Cash Growth	167.02%	-24.05%	9.13%	-4.72%	121.36%	-31.98%
Net Cash Per Share	0.55	0.92	1.32	1.08	1.32	0.70
Filing Date Shares Outstanding	311.35	311.35	345.89	345.89	345.89	259.42
Total Common Shares Outstanding	311.35	311.35	345.89	345.89	345.89	259.42
Working Capital	692.39	740.91	860.46	563.65	559.71	334.95
Book Value Per Share	2.89	2.78	2.87	2.50	2.26	2.12
Tangible Book Value	876.76	841.74	969.09	842.23	758.2	525.23
Tangible Book Value Per Share	2.82	2.70	2.80	2.43	2.19	2.02
Buildings	-	255.59	225.41	176.4	176.4	168.98
Machinery	-	97.99	73.13	63.6	55.52	54
Construction In Progress	-	0.99	20.87	51.53	-	-
Order Backlog	-	803	-	-	-	-

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