SHA:688659 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	78.1	84.31	77.7	76.37	72.33	42.76
Short-Term Investments	-	-	32.23	31.15	65.16	-
Trading Asset Securities	55	55.07	21.1	15.07	63.18	-
Cash & Short-Term Investments	133.1	139.38	131.03	122.6	200.66	42.76
Cash Growth	-24.67%	6.37%	6.88%	-38.90%	369.25%	32.19%
Accounts Receivable	424.29	413.74	416.38	426.21	365.85	299.65
Other Receivables	37.38	24.91	15.62	11.78	8.16	6.06
Receivables	461.67	438.65	431.99	437.99	374.01	305.72
Inventory	109.83	102.55	103.66	107.7	136.02	87.64
Prepaid Expenses	-	-	0.16	2.63	0.23	-
Other Current Assets	36.02	17.23	12.03	20.11	16.97	18.62
Total Current Assets	740.63	697.81	678.87	691.03	727.89	454.74
Property, Plant & Equipment	408.31	419.65	483.77	434.31	277.1	206.74
Long-Term Investments	53.87	52.59	51.34	51.73	17.03	-
Other Intangible Assets	40.2	42.29	40.92	38.1	4.5	4.7
Long-Term Accounts Receivable	1.01	22.08	16.25	3.95	-	-
Long-Term Deferred Tax Assets	21.12	21.97	24.01	17.1	13.87	13.15
Long-Term Deferred Charges	5.69	1.57	2.51	0.52	1.03	1.4
Other Long-Term Assets	31.57	6.96	22.46	37.07	18.44	7.11
Total Assets	1,302	1,265	1,320	1,274	1,060	687.85
Accounts Payable	304.21	215.89	191.57	186.26	220.97	93.49
Accrued Expenses	14.63	35.58	25.54	15.2	14.83	20.67
Short-Term Debt	159.94	218.06	244.75	235.31	30.29	45.8
Current Portion of Long-Term Debt	91.55	37.14	10.1	7.87	3.15	2.95
Current Portion of Leases	-	41.06	32.12	14.99	3.71	10.73
Current Income Taxes Payable	0.77	-	-	-	3.3	11.29
Current Unearned Revenue	42.17	29.4	21.42	23.89	17.33	13.8
Other Current Liabilities	26.5	47.15	62.3	57.95	59.69	24.39
Total Current Liabilities	639.77	624.27	587.81	541.47	353.26	223.12
Long-Term Debt	101.75	51.96	81.8	49.88	4.69	7.79
Long-Term Leases	2.78	14.53	9.14	12.82	1.04	14.03
Long-Term Unearned Revenue	19.32	22.23	24.91	26.79	41.92	44.07
Long-Term Deferred Tax Liabilities	-	-	-	-	2.49	2.79
Other Long-Term Liabilities	2.19	2.19	1.88	-	-	-
Total Liabilities	765.82	715.19	705.54	630.97	403.39	291.79
Common Stock	160	160	160	160	160	120
Additional Paid-In Capital	255.44	251.03	248.42	251.12	248.42	79.25
Retained Earnings	151.87	146.4	207.26	232.64	248.05	196.8
Treasury Stock	-32	-8	-	-	-	-
Comprehensive Income & Other	1.28	0.28	-1.09	-0.92	-	-
Shareholders' Equity	536.58	549.71	614.59	642.84	656.47	396.06
Total Liabilities & Equity	1,302	1,265	1,320	1,274	1,060	687.85
Total Debt	356.03	362.75	377.92	320.88	42.87	81.3
Net Cash (Debt)	-222.92	-223.38	-246.88	-198.28	157.79	-38.54
Net Cash Per Share	-1.32	-1.39	-1.56	-1.28	1.05	-0.32
Filing Date Shares Outstanding	155.1	158.72	160	160	160	160
Total Common Shares Outstanding	155.1	158.72	160	160	160	120
Working Capital	100.85	73.54	91.06	149.56	374.63	231.62
Book Value Per Share	3.46	3.46	3.84	4.02	4.10	3.30
Tangible Book Value	496.38	507.43	573.67	604.74	651.97	391.35
Tangible Book Value Per Share	3.20	3.20	3.59	3.78	4.07	3.26
Buildings	-	206.06	220.75	160.1	64.92	77.58
Machinery	-	288.66	303.46	266.14	236.58	190.7
Construction In Progress	-	69.31	87.64	108.42	55.62	1.48

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