SHA:688653 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	241.59	585.74	928.99	557.66	131.83	18.55
Short-Term Investments	-	174.57	15	13.93	-	-
Trading Asset Securities	495.84	120.97	200.02	25.3	375	20
Cash & Short-Term Investments	737.43	881.28	1,144	596.89	506.83	38.55
Cash Growth	11.38%	-22.97%	91.66%	17.77%	1214.85%	-48.34%
Accounts Receivable	277.99	212.57	285.55	155.67	122.84	31.44
Other Receivables	6.05	26.97	5.54	5.92	35.71	14.7
Receivables	284.04	239.54	291.09	161.59	158.56	46.14
Inventory	341.03	333	150.83	270.64	303.33	87.68
Prepaid Expenses	-	-	-	0.3	-	-
Other Current Assets	110.98	10.15	16.51	11.71	15.05	43.64
Total Current Assets	1,473	1,464	1,602	1,041	983.77	216
Property, Plant & Equipment	29.87	42.98	28.47	34.82	46.29	10.64
Long-Term Investments	200.85	103.55	31.28	0.05	-	-
Other Intangible Assets	3.49	0.41	0.03	0.34	0.42	0.64
Long-Term Deferred Tax Assets	38.68	39.23	38.33	31.84	31.54	28.98
Long-Term Deferred Charges	10.25	1.75	6.42	8.84	5.05	-
Other Long-Term Assets	0.72	0.09	0.02	0.01	0.15	-
Total Assets	1,757	1,652	1,707	1,117	1,067	256.26
Accounts Payable	62.67	35.53	37.88	34.22	23.9	15.43
Accrued Expenses	5.41	30.34	41.85	56.53	29.06	21.24
Short-Term Debt	97.62	30	-	0.12	-	10.02
Current Portion of Leases	5.25	6.72	6.84	7.28	4.99	-
Current Income Taxes Payable	0.53	0.7	-	0	-	-
Current Unearned Revenue	0.15	0.17	0.16	0.78	6.41	15.36
Other Current Liabilities	54.38	21.54	2.69	1.09	1.1	2.84
Total Current Liabilities	226.01	125	89.42	100.03	65.45	64.88
Long-Term Leases	5.58	13.4	0.03	6.65	13.91	-
Long-Term Unearned Revenue	7.19	4.04	2.66	4.59	3.77	5.19
Long-Term Deferred Tax Liabilities	0	0	0.01	0.02	0.03	0.04
Total Liabilities	319.63	142.45	92.12	111.29	83.17	70.11
Common Stock	424.48	424.48	424.48	360.8	360.8	81.47
Additional Paid-In Capital	1,309	1,303	1,299	757.23	752.82	300.97
Retained Earnings	-209.44	-178.91	-102.78	-112.71	-133.16	-198.89
Treasury Stock	-80.04	-30.64	-	-	-	-
Comprehensive Income & Other	-6.54	-8.61	-5.82	0.41	3.59	2.6
Shareholders' Equity	1,438	1,510	1,615	1,006	984.05	186.16
Total Liabilities & Equity	1,757	1,652	1,707	1,117	1,067	256.26
Total Debt	189.29	50.12	6.88	14.05	18.9	10.02
Net Cash (Debt)	548.14	831.16	1,137	582.83	487.93	28.53
Net Cash Growth	-16.96%	-26.91%	95.10%	19.45%	1610.32%	-54.35%
Net Cash Per Share	1.30	1.96	3.11	1.62	1.43	-
Filing Date Shares Outstanding	418.48	422.28	424.48	360.8	360.8	-
Total Common Shares Outstanding	418.48	422.28	424.48	360.8	360.8	-
Working Capital	1,247	1,339	1,513	941.1	918.32	151.12
Book Value Per Share	3.44	3.57	3.80	2.79	2.73	-
Tangible Book Value	1,434	1,509	1,615	1,005	983.63	185.52
Tangible Book Value Per Share	3.43	3.57	3.80	2.79	2.73	-
Machinery	-	54.47	54.05	45.79	41.95	19.01
Construction In Progress	-	0.77	0.2	-	-	-

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