SHA:688623 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	973.76	1,090	1,695	188.71
Short-Term Investments	-	-	-	91.49
Trading Asset Securities	734.89	484.06	97.11	-
Cash & Short-Term Investments	1,709	1,575	1,792	280.2
Cash Growth	17.99%	-12.14%	539.59%	-
Accounts Receivable	173.59	228.06	196.02	166.58
Other Receivables	1.3	2.44	3.25	3.54
Receivables	174.89	230.5	199.27	170.12
Inventory	419	427.31	457.22	352.65
Other Current Assets	85.1	213.6	200.97	33.61
Total Current Assets	2,388	2,446	2,650	836.58
Property, Plant & Equipment	196.25	192.95	100.07	18.01
Other Intangible Assets	14.13	14.4	14.54	14.14
Long-Term Accounts Receivable	-	1.26	3.36	3.61
Long-Term Deferred Tax Assets	24.41	12.43	8.21	5.98
Long-Term Deferred Charges	0.12	0.16	0.2	0.42
Total Assets	2,625	2,667	2,776	878.73
Accounts Payable	33.38	59.45	54.04	42.83
Accrued Expenses	15.65	28.62	26.06	26.87
Short-Term Debt	-	-	1	1.31
Current Portion of Leases	0.16	-	1.79	2.58
Current Income Taxes Payable	6.25	6.62	8.43	4.25
Current Unearned Revenue	417.52	404.51	400.5	326.51
Other Current Liabilities	37.8	35.56	49.4	37.98
Total Current Liabilities	510.75	534.76	541.22	442.34
Long-Term Debt	-	-	50.05	50.06
Long-Term Leases	0.39	0.53	0.34	2.17
Long-Term Deferred Tax Liabilities	1.21	0.85	0.7	0.93
Other Long-Term Liabilities	3.81	4.49	5.18	4.61
Total Liabilities	516.15	540.62	597.49	500.09
Common Stock	59.14	59.14	59.14	44.36
Additional Paid-In Capital	1,829	1,829	1,829	177.36
Retained Earnings	250.41	268.48	290.37	156.91
Treasury Stock	-30.01	-30.01	-	-
Shareholders' Equity	2,108	2,127	2,178	378.63
Total Liabilities & Equity	2,625	2,667	2,776	878.73
Total Debt	0.54	0.53	53.19	56.11
Net Cash (Debt)	1,708	1,574	1,739	224.09
Net Cash Growth	17.98%	-9.48%	676.00%	-
Net Cash Per Share	29.10	26.82	33.62	5.06
Filing Date Shares Outstanding	58.6	58.6	59.14	43.59
Total Common Shares Outstanding	58.6	58.6	59.14	43.59
Working Capital	1,877	1,911	2,108	394.24
Book Value Per Share	35.98	36.29	36.83	8.69
Tangible Book Value	2,094	2,112	2,164	364.49
Tangible Book Value Per Share	35.74	36.04	36.59	8.36
Buildings	-	16.78	16.78	16.78
Machinery	-	13.56	12.35	11.17
Construction In Progress	-	182.58	86.65	1.12
Order Backlog	-	895	-	-

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