SHA:688600 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	111.39	88.28	50.9	86.28	176.06	310.38
Trading Asset Securities	151.6	201.52	321.58	302.33	313.63	280.18
Cash & Short-Term Investments	262.99	289.8	372.48	388.61	489.69	590.56
Cash Growth	-15.95%	-22.20%	-4.15%	-20.64%	-17.08%	615.28%
Accounts Receivable	300.43	319.45	354.97	315.29	201.2	198.05
Other Receivables	7.92	3.71	6.57	8.87	9.39	7.76
Receivables	308.36	323.16	361.54	324.16	210.6	205.81
Inventory	293.31	273.47	308.79	285.12	284.98	116.72
Other Current Assets	22.59	19.2	12.6	19.39	22.29	13.15
Total Current Assets	887.25	905.64	1,055	1,017	1,008	926.25
Property, Plant & Equipment	350.25	252.32	208.35	164.09	101.31	80.89
Long-Term Investments	2.43	2.04	1.71	0.55	-	0.25
Other Intangible Assets	31.98	21.79	21.32	20.62	21.38	8.43
Long-Term Accounts Receivable	-	8.22	5.76	2.95	5.28	-
Long-Term Deferred Tax Assets	8.76	8.8	21.96	24.76	17.18	7.69
Long-Term Deferred Charges	0.8	1.51	2.98	2.12	0.96	-
Other Long-Term Assets	16.89	1.5	2.22	2.49	9.52	2.71
Total Assets	1,298	1,202	1,320	1,235	1,163	1,026
Accounts Payable	161.25	135.07	156.53	122.1	132.35	67.71
Accrued Expenses	65.86	65.5	76.97	58.78	46.82	39.2
Short-Term Debt	40.03	30.02	20.02	-	-	-
Current Portion of Leases	1.32	1.22	1.25	2.04	2.37	-
Current Income Taxes Payable	6.29	0	0	0	0	2.79
Current Unearned Revenue	134.8	111.93	154.61	126.14	83.56	45.04
Other Current Liabilities	34.32	32.58	29.62	35.03	21.66	17.21
Total Current Liabilities	443.87	376.34	438.99	344.09	286.78	171.95
Long-Term Leases	1.31	2.43	2.03	0.51	2.11	-
Long-Term Unearned Revenue	46.71	30.75	20.55	4.84	12.04	13.84
Total Liabilities	538.39	409.52	461.57	349.45	300.93	185.79
Common Stock	134.71	134.71	134.21	133.77	133.34	133.34
Additional Paid-In Capital	474.03	472.1	470.34	467.82	458.3	452.02
Retained Earnings	302.69	289.46	300.8	283.83	262.68	248.54
Treasury Stock	-151.46	-103.97	-47.19	-	-	-
Total Common Equity	759.97	792.3	858.15	885.42	854.32	833.9
Minority Interest	-	-	-	-	7.94	6.53
Shareholders' Equity	759.97	792.3	858.15	885.42	862.26	840.42
Total Liabilities & Equity	1,298	1,202	1,320	1,235	1,163	1,026
Total Debt	89.16	33.68	23.29	2.56	4.49	-
Net Cash (Debt)	173.83	256.12	349.19	386.06	485.2	590.56
Net Cash Growth	-30.19%	-26.65%	-9.55%	-20.43%	-17.84%	615.28%
Net Cash Per Share	1.36	1.96	2.63	2.91	3.58	5.02
Filing Date Shares Outstanding	125.32	125.32	128.22	133.77	133.34	133.34
Total Common Shares Outstanding	125.32	128.37	131.91	133.77	133.34	133.34
Working Capital	443.38	529.31	616.42	673.19	720.78	754.3
Book Value Per Share	6.06	6.17	6.51	6.62	6.41	6.25
Tangible Book Value	727.98	770.51	836.83	864.8	832.94	825.47
Tangible Book Value Per Share	5.81	6.00	6.34	6.46	6.25	6.19
Buildings	-	74.41	72.32	71.8	71.75	70.95
Machinery	-	112.1	104.97	77.2	71.74	53.33
Construction In Progress	-	152.51	100.45	69.53	5.16	0.2

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