SHA:688627 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	382.56	508.78	740.63	216.31	409.93	331.31
Short-Term Investments	-	164.35	161.82	-	-	-
Trading Asset Securities	234.33	70.1	300.57	-	-	0.16
Cash & Short-Term Investments	616.89	743.23	1,203	216.31	409.93	331.47
Cash Growth	-36.39%	-38.22%	456.16%	-47.23%	23.67%	600.82%
Accounts Receivable	682.95	468.64	289.8	235.47	84.22	119.63
Other Receivables	6.42	4.67	5.34	4.52	3.82	1.91
Receivables	689.37	473.31	295.13	239.99	88.04	121.54
Inventory	202.3	142.85	237.58	259.55	200.62	203.73
Other Current Assets	70.6	28.77	25.07	13.4	15.59	11.75
Total Current Assets	1,579	1,388	1,761	729.25	714.19	668.49
Property, Plant & Equipment	107	47.2	33.33	27.7	18.69	13.08
Long-Term Investments	72.15	559.52	181.93	189.75	55.08	-
Other Intangible Assets	3.71	3.48	3.06	2.17	0.57	0.73
Long-Term Deferred Tax Assets	37.87	20.8	9.46	7.77	5.54	5.5
Long-Term Deferred Charges	4.18	4.67	3.78	5.1	2.85	4.49
Other Long-Term Assets	479.72	6.52	4.13	0.95	5.06	10
Total Assets	2,284	2,030	1,996	962.69	801.98	702.29
Accounts Payable	408.24	239.04	201.76	233.94	127.27	170.03
Accrued Expenses	13.03	42.43	29.3	22.12	19.47	17.72
Short-Term Debt	-	-	-	-	9.51	13.02
Current Portion of Leases	16.42	8.45	4.68	4.54	5.11	-
Current Income Taxes Payable	28.67	1.61	14.02	6.31	9.57	1.3
Current Unearned Revenue	2.13	0.47	12.94	73.26	83.32	90.63
Other Current Liabilities	68.44	1.13	1.76	3.49	2.5	2.12
Total Current Liabilities	536.92	293.13	264.47	343.66	256.76	294.81
Long-Term Leases	33.28	8.4	5.45	3.79	4.68	-
Long-Term Unearned Revenue	1.68	2.49	3.75	6.33	3.15	3.66
Long-Term Deferred Tax Liabilities	9.13	3.01	1.83	0.73	-	-
Total Liabilities	581.01	307.03	275.5	354.5	264.6	298.47
Common Stock	94.01	94.01	94.01	70.51	70.51	67.14
Additional Paid-In Capital	1,368	1,377	1,375	398.13	392.7	329.84
Retained Earnings	305.65	294.07	248.88	133.2	67.03	-0.88
Treasury Stock	-68.23	-44.77	-	-	-	-
Comprehensive Income & Other	1.16	1.42	1.14	0.88	-0.32	-0.23
Total Common Equity	1,701	1,722	1,719	602.71	529.92	395.86
Minority Interest	1.89	1.35	1.76	5.47	7.47	7.96
Shareholders' Equity	1,703	1,723	1,721	608.18	537.38	403.82
Total Liabilities & Equity	2,284	2,030	1,996	962.69	801.98	702.29
Total Debt	49.7	16.85	10.13	8.33	19.3	13.02
Net Cash (Debt)	567.19	726.38	1,193	207.98	390.63	318.45
Net Cash Growth	-40.34%	-39.11%	473.57%	-46.76%	22.67%	731.71%
Net Cash Per Share	6.04	7.79	14.85	2.96	5.68	5.89
Filing Date Shares Outstanding	92.59	92.52	94.01	70.51	70.51	54.05
Total Common Shares Outstanding	92.59	93.01	94.01	70.51	70.51	54.05
Working Capital	1,042	1,095	1,496	385.59	457.43	373.68
Book Value Per Share	18.37	18.51	18.29	8.55	7.52	7.32
Tangible Book Value	1,697	1,718	1,716	600.54	529.34	395.13
Tangible Book Value Per Share	18.33	18.48	18.25	8.52	7.51	7.31
Machinery	-	43.7	37.98	22.32	16.52	18.85
Construction In Progress	-	5.97	-	7.46	-	-

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