SHA:688636 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	11.49	57.99	107.25	117.64	169.36	40.3
Trading Asset Securities	-	-	-	-	90	40
Cash & Short-Term Investments	11.49	57.99	107.25	117.64	259.36	80.3
Cash Growth	-19.19%	-45.93%	-8.84%	-54.64%	222.99%	13.68%
Accounts Receivable	1,090	834.2	822.84	640.5	428.68	368.51
Other Receivables	1.24	0.91	7.42	1.79	1.52	0.7
Receivables	1,091	835.1	830.26	642.29	430.2	369.21
Inventory	315.05	229.25	223.97	335.04	238.48	114.33
Other Current Assets	1.66	2.87	2.78	27.08	8.13	4.94
Total Current Assets	1,419	1,125	1,164	1,122	936.17	568.78
Property, Plant & Equipment	275.59	288.39	180.12	197.07	168.43	21.03
Long-Term Investments	94.15	86.6	92.82	163.57	174.51	-
Other Intangible Assets	6.82	7.3	5.45	5.56	4.81	4.1
Long-Term Deferred Tax Assets	22.67	21.24	17.34	16.01	12.53	6.99
Long-Term Deferred Charges	-	0.06	1.03	2.03	2.89	0.87
Other Long-Term Assets	6.16	0.07	72.62	1.2	0.91	-
Total Assets	1,824	1,529	1,534	1,507	1,300	601.78
Accounts Payable	471.4	262.86	226.74	295.46	232.39	120.07
Accrued Expenses	24.06	30.62	34.46	29.33	27.91	24.55
Short-Term Debt	120.78	45	43.73	47.54	-	26.53
Current Portion of Long-Term Debt	0.45	36	6	-	1	20
Current Portion of Leases	-	0.08	2.08	2.79	2.12	-
Current Income Taxes Payable	4.36	-	2.13	-	3.69	1.23
Current Unearned Revenue	3.18	13.6	9.34	0.26	0.39	0.95
Other Current Liabilities	3.44	3.46	6.98	118.3	125.23	0.29
Total Current Liabilities	627.67	391.63	331.47	493.69	392.72	193.61
Long-Term Debt	-	8	89	10	-	20
Long-Term Leases	0.39	-	0.77	1.56	1.28	-
Long-Term Unearned Revenue	3.45	3.7	4.53	1.81	1.68	2.27
Long-Term Deferred Tax Liabilities	1.64	1.58	2.45	2.94	-	-
Other Long-Term Liabilities	19.79	19.42	19.06	15.18	17.97	14.83
Total Liabilities	652.94	424.33	447.28	525.19	413.65	230.72
Common Stock	167.63	112.56	75.24	50.5	50.34	37.5
Additional Paid-In Capital	455.83	510.7	536.39	553.06	529.47	120.74
Retained Earnings	531.01	464.99	461.3	365.03	302.37	199.01
Treasury Stock	-	-0.93	-4.43	-4.43	-11.58	-
Comprehensive Income & Other	16.93	17.21	17.85	18.15	16	13.81
Shareholders' Equity	1,171	1,105	1,086	982.3	886.6	371.06
Total Liabilities & Equity	1,824	1,529	1,534	1,507	1,300	601.78
Total Debt	121.63	89.08	141.58	61.9	4.4	66.53
Net Cash (Debt)	-110.14	-31.09	-34.33	55.75	254.96	13.77
Net Cash Growth	-	-	-	-78.14%	1751.27%	-39.16%
Net Cash Per Share	-0.62	-0.19	-0.21	0.34	1.68	0.11
Filing Date Shares Outstanding	167.63	167.72	167.05	167.05	166.51	124.05
Total Common Shares Outstanding	167.63	167.72	167.05	167.05	166.51	124.05
Working Capital	791.28	733.58	832.79	628.36	543.45	375.16
Book Value Per Share	6.99	6.59	6.50	5.88	5.32	2.99
Tangible Book Value	1,165	1,097	1,081	976.74	881.79	366.96
Tangible Book Value Per Share	6.95	6.54	6.47	5.85	5.30	2.96
Buildings	-	292.31	163.82	163.28	10.13	8.16
Machinery	-	64.67	63.77	63.5	51.98	33.83
Construction In Progress	-	-	0.01	0.38	128.6	-
Order Backlog	-	433	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.