SHA:688601 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	204.95	416.19	936.91	795.93	351.7	113.95
Short-Term Investments	-	43.8	-	-	-	-
Trading Asset Securities	590.76	403.71	30.14	20.06	351.83	50.71
Cash & Short-Term Investments	795.71	863.7	967.05	815.99	703.53	164.66
Cash Growth	-6.16%	-10.69%	18.51%	15.98%	327.25%	10.12%
Accounts Receivable	228.46	218.84	224.92	157.07	209.34	120.04
Other Receivables	4.93	4.38	7.68	12.4	3.03	7.04
Receivables	233.39	223.22	232.6	169.47	212.36	127.08
Inventory	158.11	146.69	182.21	179.21	128.02	91.54
Prepaid Expenses	-	0.02	-	-	-	-
Other Current Assets	14.63	14.16	6.63	37.69	26.2	13
Total Current Assets	1,202	1,248	1,388	1,202	1,070	396.29
Property, Plant & Equipment	30.84	29.3	21.18	18.54	19.19	13.24
Long-Term Investments	170.89	149.03	31.48	7.76	2.98	-
Goodwill	8.35	8.35	8.35	8.35	11.43	3.66
Other Intangible Assets	9.58	12.25	5.39	6.61	9.88	3.04
Long-Term Deferred Tax Assets	24.1	9.05	6.54	8.17	2.79	2.4
Long-Term Deferred Charges	0.91	0.75	0.52	0.87	-	-
Other Long-Term Assets	2.96	0.95	4.91	0.28	0.94	-
Total Assets	1,449	1,457	1,467	1,253	1,117	418.63
Accounts Payable	85.95	57.6	92.91	56.82	98.95	79.28
Accrued Expenses	20.36	29.66	22.65	18.87	16.24	10.29
Short-Term Debt	18.31	16.81	10.04	20.02	-	1
Current Portion of Leases	3.35	3.37	0.95	0.81	1.05	-
Current Income Taxes Payable	2.46	0.25	2.05	-	3.45	0.04
Current Unearned Revenue	4.5	1.95	4.3	2.23	1.98	1.4
Other Current Liabilities	1.1	8.81	2.75	4.5	16.69	1.4
Total Current Liabilities	136.03	118.45	135.65	103.25	138.37	93.41
Long-Term Leases	2.68	0.89	0.6	0.54	0.72	-
Long-Term Unearned Revenue	2.67	3.22	5.11	0.5	0.12	0.68
Long-Term Deferred Tax Liabilities	0.07	0.21	0.19	0.29	0.6	0.23
Total Liabilities	141.44	122.77	141.55	104.58	139.8	94.32
Common Stock	133.69	133.69	133.69	89.6	64	48
Additional Paid-In Capital	558.76	558.76	558.76	598.89	590.3	94.4
Retained Earnings	589.25	613.62	567.98	412.27	317.64	180.66
Treasury Stock	-40.19	-40.19	-	-	-	-
Comprehensive Income & Other	-0.44	-0.67	-0.1	-	-	-
Total Common Equity	1,241	1,265	1,260	1,101	971.93	323.07
Minority Interest	66.97	69.51	64.97	47.61	5.59	1.24
Shareholders' Equity	1,308	1,335	1,325	1,148	977.52	324.31
Total Liabilities & Equity	1,449	1,457	1,467	1,253	1,117	418.63
Total Debt	24.34	21.07	11.59	21.37	1.77	1
Net Cash (Debt)	771.37	842.63	955.46	794.62	701.76	163.66
Net Cash Growth	-7.65%	-11.81%	20.24%	13.23%	328.78%	10.19%
Net Cash Per Share	5.67	6.29	7.15	5.93	6.00	1.63
Filing Date Shares Outstanding	132.76	132.76	133.69	133.5	133.5	100.13
Total Common Shares Outstanding	132.76	132.76	133.69	133.5	133.5	100.13
Working Capital	1,066	1,129	1,253	1,099	931.74	302.88
Book Value Per Share	9.35	9.53	9.43	8.25	7.28	3.23
Tangible Book Value	1,223	1,245	1,247	1,086	950.62	316.37
Tangible Book Value Per Share	9.21	9.37	9.32	8.13	7.12	3.16
Buildings	-	24.44	14.39	13.59	13.59	11.26
Machinery	-	51.34	45.55	38.39	32.17	26.6
Construction In Progress	-	-	-	-	0.24	-

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