SHA:688629 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	412.92	387.01	778.41	419.83	338.71	157.74
Short-Term Investments	-	5.15	2.25	-	-	-
Trading Asset Securities	45	106.12	206.13	0.14	0.27	0.25
Cash & Short-Term Investments	457.92	498.28	986.78	419.97	338.98	157.99
Cash Growth	0.12%	-49.50%	134.96%	23.89%	114.56%	587.65%
Accounts Receivable	1,069	688.54	647.68	642.58	469.17	387.7
Other Receivables	9.26	-	0	0.99	11.46	14.57
Receivables	1,078	688.54	647.68	643.57	480.63	402.27
Inventory	509.23	321.59	230.74	222.68	157.57	158.59
Other Current Assets	14.5	17.99	6.66	15.17	6.98	7.23
Total Current Assets	2,059	1,526	1,872	1,301	984.16	726.08
Property, Plant & Equipment	1,102	804.14	578.01	517.1	517.68	508.47
Long-Term Investments	327.87	320.98	13.6	15.73	15.9	12.29
Other Intangible Assets	125.81	65.83	68.85	54.31	55.94	56.16
Long-Term Deferred Tax Assets	36.55	29.52	26.01	8.58	9.61	-
Long-Term Deferred Charges	9.77	8.49	4.48	4.13	1.46	-
Other Long-Term Assets	43.51	18.56	6.86	15.78	9.82	8.96
Total Assets	3,705	2,774	2,570	1,917	1,595	1,312
Accounts Payable	1,064	485.94	350.34	327.85	236.4	254.23
Accrued Expenses	4.01	55.26	39.38	36.94	27.86	56.49
Short-Term Debt	172.49	25.57	7.15	-	83.78	2.84
Current Portion of Long-Term Debt	31.92	5.16	5.21	0.01	0.01	23.72
Current Portion of Leases	-	4.53	3.99	2.29	15.14	-
Current Income Taxes Payable	10.2	0.1	0.02	-	-	-
Current Unearned Revenue	14.52	11.78	8.5	6.15	6.53	8.09
Other Current Liabilities	170.17	227.38	94.69	113.82	113.69	119.1
Total Current Liabilities	1,467	815.72	509.29	487.05	483.41	464.47
Long-Term Debt	312.44	267.04	287.05	292.28	102.06	63.48
Long-Term Leases	15.13	7.6	8.8	5.87	10.82	57.41
Long-Term Unearned Revenue	198.15	193.73	228.68	241.35	220.77	179.17
Long-Term Deferred Tax Liabilities	4.11	4.2	3.87	3.21	7.72	0.04
Other Long-Term Liabilities	19.83	10.92	9.04	9.84	8.37	7.41
Total Liabilities	2,017	1,299	1,047	1,040	833.14	771.97
Common Stock	460.99	460.99	460.99	391.84	391.84	360
Additional Paid-In Capital	797.49	797.32	798.84	293.43	291.97	182.43
Retained Earnings	425.06	201.98	242.78	170.41	71.63	-4.77
Comprehensive Income & Other	0.21	0.29	0.21	0.14	-0.09	-0.05
Total Common Equity	1,684	1,461	1,503	855.82	755.35	537.61
Minority Interest	4.64	14.12	20.13	21.57	6.09	2.37
Shareholders' Equity	1,688	1,475	1,523	877.4	761.44	539.98
Total Liabilities & Equity	3,705	2,774	2,570	1,917	1,595	1,312
Total Debt	531.98	309.9	312.2	300.45	211.81	147.45
Net Cash (Debt)	-74.06	188.37	674.58	119.52	127.17	10.55
Net Cash Growth	-	-72.08%	464.39%	-6.01%	1105.82%	-
Net Cash Per Share	-0.16	0.42	1.58	0.30	0.35	0.04
Filing Date Shares Outstanding	460.99	460.99	460.99	391.84	359.7	265.95
Total Common Shares Outstanding	460.99	460.99	460.99	391.84	359.7	265.95
Working Capital	592.5	710.67	1,363	814.34	500.75	261.61
Book Value Per Share	3.65	3.17	3.26	2.18	2.10	2.02
Tangible Book Value	1,558	1,395	1,434	801.52	699.41	481.45
Tangible Book Value Per Share	3.38	3.03	3.11	2.05	1.94	1.81
Buildings	-	268.18	185.06	185.15	185.71	185.16
Machinery	-	1,028	770.55	664.35	551.17	484.28
Construction In Progress	-	24.1	44.21	15.08	10.43	1.81

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