SHA:688605 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
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
Cash & Equivalents	697.84	750.58	281.92	265.17	307.89
Cash & Short-Term Investments	697.84	750.58	281.92	265.17	307.89
Cash Growth	147.53%	166.24%	6.32%	-13.88%	-
Accounts Receivable	530.44	487.45	255.25	167.18	234.63
Other Receivables	22.32	12.11	7.9	5.57	2.24
Receivables	552.76	499.57	263.15	172.75	236.87
Inventory	290.97	266.38	176.64	172.56	115.99
Other Current Assets	6.83	3.49	4.32	4.45	1.99
Total Current Assets	1,548	1,520	726.03	614.93	662.74
Property, Plant & Equipment	551.13	373	272.09	242.44	155.27
Other Intangible Assets	35.93	36.46	37.25	27.15	22.42
Long-Term Deferred Tax Assets	13.66	11.94	11.17	5.61	3.86
Long-Term Deferred Charges	11.83	11	9	9.62	6.02
Other Long-Term Assets	6.28	25.11	15.01	9.51	13.26
Total Assets	2,176	1,978	1,071	909.26	863.58
Accounts Payable	360.95	354.76	243.74	164.41	173.1
Accrued Expenses	16.53	25.05	10.09	6.22	7.28
Short-Term Debt	39.07	39.03	30.03	44.04	60.57
Current Portion of Leases	7.14	4.07	1.32	1.51	7.04
Current Income Taxes Payable	13.87	4.97	5.63	-	2.66
Current Unearned Revenue	0.8	0.33	0.17	0.71	19.28
Other Current Liabilities	35.8	36.94	1.88	3.5	35.68
Total Current Liabilities	474.16	465.14	292.86	220.39	305.61
Long-Term Leases	1.08	3.77	2.55	3.15	2.9
Long-Term Unearned Revenue	24.33	26.17	29.5	32.48	33.59
Long-Term Deferred Tax Liabilities	-	-	2.04	2.18	-
Total Liabilities	562.56	495.08	326.95	258.2	342.1
Common Stock	202.38	202.38	151.78	151.78	63.78
Additional Paid-In Capital	950.92	941.28	466.95	454.7	336.06
Retained Earnings	460.16	338.8	124.85	44.58	121.65
Shareholders' Equity	1,613	1,482	743.59	651.06	521.49
Total Liabilities & Equity	2,176	1,978	1,071	909.26	863.58
Total Debt	110.28	46.86	33.9	48.7	70.52
Net Cash (Debt)	587.56	703.72	248.02	216.47	237.38
Net Cash Growth	136.91%	183.74%	14.57%	-8.81%	-
Net Cash Per Share	3.05	4.54	1.64	1.45	-
Filing Date Shares Outstanding	202.38	202.38	151.78	149.61	-
Total Common Shares Outstanding	202.38	202.38	151.78	149.61	-
Working Capital	1,074	1,055	433.17	394.54	357.14
Book Value Per Share	7.97	7.33	4.90	4.35	-
Tangible Book Value	1,569	1,446	706.34	623.91	499.06
Tangible Book Value Per Share	7.75	7.14	4.65	4.17	-
Buildings	-	93.55	90.95	87.51	48
Machinery	-	325.44	246.85	189.57	112.25
Construction In Progress	-	61.49	15.4	20.11	17.79

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