SHA:688616 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	337.67	320.64	322.74	280.34	348.37	228.12
Short-Term Investments	-	21.52	-	-	-	-
Trading Asset Securities	-	9	6.17	8.06	7.9	9.19
Cash & Short-Term Investments	337.67	351.15	328.91	288.4	356.26	237.31
Cash Growth	28.24%	6.76%	14.05%	-19.05%	50.13%	29.69%
Accounts Receivable	232.79	197.45	197.8	244.08	197.9	173.75
Other Receivables	4.34	5.45	7.66	7.59	7.2	4.79
Receivables	237.14	202.9	205.46	251.67	205.1	178.54
Inventory	35.2	37.12	31.84	41.87	44.34	29.81
Other Current Assets	8.59	7.43	13	15.64	14.66	16.94
Total Current Assets	618.59	598.6	579.2	597.58	620.37	462.61
Property, Plant & Equipment	320.5	328.66	338.5	336.94	236.9	183.53
Long-Term Investments	18.44	18.44	39.32	20	20	-
Goodwill	-	-	-	4.62	4.62	-
Other Intangible Assets	29.26	29.48	30.46	30.29	31.25	31.26
Long-Term Accounts Receivable	-	18.92	14.09	10.83	14.61	25.37
Long-Term Deferred Tax Assets	9.28	11	5.5	7.6	6.66	1.65
Long-Term Deferred Charges	-	-	-	-	0.03	-
Other Long-Term Assets	43.01	1.71	0.57	0.73	1.69	1.61
Total Assets	1,039	1,007	1,008	1,009	936.12	706.03
Accounts Payable	154.96	121.76	168.29	198.95	156.41	147.83
Accrued Expenses	5.23	21.65	15.43	21.06	18.02	25.38
Short-Term Debt	-	-	-	-	-	5.01
Current Portion of Long-Term Debt	-	-	-	-	-	2.84
Current Portion of Leases	-	-	-	0.48	0.24	-
Current Income Taxes Payable	3.34	9.35	4.38	3.61	4.63	5.09
Current Unearned Revenue	1.58	2.05	1.53	3.6	4.97	10.84
Other Current Liabilities	15.06	10.12	0.77	3.42	5.83	6.54
Total Current Liabilities	180.17	164.92	190.4	231.13	190.11	203.53
Long-Term Debt	-	-	-	-	-	27.19
Long-Term Leases	-	-	-	0.79	0.12	-
Long-Term Unearned Revenue	9.36	10.15	10.86	11.83	12.69	13.49
Long-Term Deferred Tax Liabilities	-	-	-	1.86	1.15	1.34
Total Liabilities	189.53	175.07	201.27	245.61	204.07	245.54
Common Stock	179.38	179.38	150	150	150	112.5
Additional Paid-In Capital	324.58	320.23	352.91	349.61	349.61	153.9
Retained Earnings	376.59	363.12	303.46	260.51	231.37	194.08
Treasury Stock	-31	-31	-	-	-	-
Total Common Equity	849.55	831.74	806.38	760.12	730.98	460.49
Minority Interest	-	-	-	2.87	1.07	-
Shareholders' Equity	849.55	831.74	806.38	762.99	732.05	460.49
Total Liabilities & Equity	1,039	1,007	1,008	1,009	936.12	706.03
Total Debt	-	-	-	1.27	0.36	35.04
Net Cash (Debt)	337.67	351.15	328.91	287.13	355.9	202.27
Net Cash Growth	28.24%	6.76%	14.55%	-19.32%	75.95%	20.43%
Net Cash Per Share	1.95	2.00	1.81	1.58	2.11	1.51
Filing Date Shares Outstanding	176.27	176.27	176.27	180	180	180
Total Common Shares Outstanding	176.27	176.27	180	180	180	135
Working Capital	438.42	433.68	388.8	366.44	430.25	259.08
Book Value Per Share	4.82	4.72	4.48	4.22	4.06	3.41
Tangible Book Value	820.29	802.26	775.92	725.21	695.11	429.23
Tangible Book Value Per Share	4.65	4.55	4.31	4.03	3.86	3.18
Buildings	-	272.48	264.68	239.2	42.71	42.71
Machinery	-	164.53	154.99	138.4	68.01	67.34
Construction In Progress	-	2.07	8.44	35.32	193.93	138.53

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