SHA:688646 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	605.43	295.77	367.63	120.94	198.77	90.93
Short-Term Investments	74.39	184.08	-	-	-	18.95
Trading Asset Securities	149.73	420.68	615.27	272.72	100.18	6.07
Cash & Short-Term Investments	829.55	900.52	982.9	393.66	298.95	115.95
Cash Growth	-6.43%	-8.38%	149.68%	31.68%	157.82%	-30.20%
Accounts Receivable	590.48	541.43	412.27	279.46	225.83	101.88
Other Receivables	12.23	3.87	3.32	5.56	3.18	2.76
Receivables	602.71	545.3	415.59	285.02	229.01	104.63
Inventory	783.79	583.42	403.68	424.53	236.05	279.22
Other Current Assets	89.68	77.21	41.56	76.83	63.4	77.9
Total Current Assets	2,306	2,106	1,844	1,180	827.41	577.7
Property, Plant & Equipment	388.25	323.43	163.66	99.39	87.57	4.5
Long-Term Investments	30.9	261.45	391.27	-	-	-
Goodwill	27.35	27.35	-	-	-	-
Other Intangible Assets	50.53	50.89	47.4	48.12	32.64	18.69
Long-Term Deferred Tax Assets	47.94	37.64	17.29	16.64	17.33	18.73
Long-Term Deferred Charges	4.88	5.91	-	-	-	4.5
Other Long-Term Assets	28.65	9.51	12.57	4.86	1.01	15.06
Total Assets	2,884	2,823	2,476	1,349	965.96	639.19
Accounts Payable	522.97	379.07	264.16	264.6	134.12	168.28
Accrued Expenses	17.43	26.09	20.81	27.79	25.98	23.46
Short-Term Debt	198.7	408.41	279.07	88.07	72.03	25.23
Current Portion of Long-Term Debt	-	-	-	2.04	-	-
Current Portion of Leases	27.68	2.41	0.08	-	-	-
Current Income Taxes Payable	2.4	2.96	0.01	2	0.28	0.7
Current Unearned Revenue	399.56	306.23	185.02	263.21	174.95	164.1
Other Current Liabilities	55.6	83.33	48.37	69.88	70.75	25.85
Total Current Liabilities	1,224	1,209	797.54	717.6	478.12	407.62
Long-Term Debt	125.13	-	-	47	-	-
Long-Term Leases	12.11	13.79	0.11	-	-	-
Long-Term Unearned Revenue	19.61	17.92	12.78	13.79	14	0.29
Long-Term Deferred Tax Liabilities	0.36	0.74	-	0.43	0.03	0.01
Other Long-Term Liabilities	-	-	-	0.42	0.41	-
Total Liabilities	1,382	1,241	810.43	779.23	492.56	407.92
Common Stock	95.16	95.16	95.16	71.37	71.37	60
Additional Paid-In Capital	1,370	1,368	1,366	395.07	392.56	204
Retained Earnings	177.62	185.56	204.48	103.36	9.47	-32.73
Treasury Stock	-159.66	-83.09	-	-	-	-
Total Common Equity	1,483	1,566	1,665	569.81	473.4	231.27
Minority Interest	19.4	15.72	-0	-	-	-
Shareholders' Equity	1,503	1,582	1,665	569.81	473.4	231.27
Total Liabilities & Equity	2,884	2,823	2,476	1,349	965.96	639.19
Total Debt	363.61	424.62	279.26	137.11	72.03	25.23
Net Cash (Debt)	465.94	475.9	703.63	256.55	226.92	90.72
Net Cash Growth	-19.48%	-32.37%	174.27%	13.06%	150.13%	-33.66%
Net Cash Per Share	5.23	5.09	8.63	3.61	3.65	1.51
Filing Date Shares Outstanding	89.75	92.01	95.16	71.37	71.37	60
Total Common Shares Outstanding	89.75	92.01	95.16	71.37	71.37	60
Working Capital	1,081	897.94	1,046	462.44	349.29	170.08
Book Value Per Share	16.53	17.02	17.50	7.98	6.63	3.85
Tangible Book Value	1,405	1,488	1,618	521.69	440.76	212.58
Tangible Book Value Per Share	15.66	16.17	17.00	7.31	6.18	3.54
Buildings	-	171.33	99.91	92.38	53.09	-
Machinery	-	63.84	24.51	15.59	9.02	7.53
Construction In Progress	-	97.56	51.84	0.35	30.61	1.24

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