SHA:688663 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	838.89	861.05	691.94	414.83	298.08	199.07
Short-Term Investments	-	-	81.24	130	130	-
Trading Asset Securities	-	-	-	146.11	172.74	-
Cash & Short-Term Investments	838.89	861.05	773.18	690.94	600.81	199.07
Cash Growth	26.60%	11.37%	11.90%	15.00%	201.81%	52.47%
Accounts Receivable	1,331	1,277	1,109	1,027	750.74	627.18
Other Receivables	35.35	44.04	41.59	37.95	17.01	16.31
Receivables	1,366	1,321	1,151	1,065	767.75	643.49
Inventory	992.67	469.44	474.39	377.99	235.18	198.94
Other Current Assets	52.65	79.59	102.75	98.91	40.57	17.59
Total Current Assets	3,250	2,731	2,501	2,233	1,644	1,059
Property, Plant & Equipment	232.39	228.87	187.86	133.73	122.16	109.06
Other Intangible Assets	31.58	32.22	32.22	33.93	27.97	28.93
Long-Term Deferred Tax Assets	19.98	21.02	16.07	12.51	7.71	7.48
Long-Term Deferred Charges	2.29	0.66	1.47	1.86	-	-
Other Long-Term Assets	0.52	0.9	16.26	5.03	3.19	2.52
Total Assets	3,537	3,015	2,755	2,420	1,805	1,207
Accounts Payable	1,606	1,161	974.31	829.65	428.56	396.9
Accrued Expenses	49.82	117.06	127.56	66.77	33.17	39.24
Short-Term Debt	-	-	1.66	9.01	-	20.02
Current Portion of Leases	1.27	1.58	-	-	-	-
Current Income Taxes Payable	6.9	9.62	8.3	9.02	5.77	4.46
Current Unearned Revenue	209.66	113.84	139.61	105.28	81.27	70.63
Other Current Liabilities	213.01	207.34	210.27	248.56	185.83	121.53
Total Current Liabilities	2,087	1,610	1,462	1,268	734.61	652.79
Long-Term Leases	0.74	1.64	-	-	-	-
Long-Term Unearned Revenue	4.87	5.74	5.51	6.88	6.12	7.07
Total Liabilities	2,092	1,617	1,467	1,275	740.73	659.86
Common Stock	141.38	139.95	139.95	139.95	139.95	104.96
Additional Paid-In Capital	611.12	587.38	585.27	570.17	562.89	154.59
Retained Earnings	650.24	648.49	544.12	434.48	361.77	287.68
Comprehensive Income & Other	8.87	5.76	3.63	-	-	-
Total Common Equity	1,367	1,382	1,273	1,145	1,065	547.23
Minority Interest	78.05	16.07	14.82	0.24	-	-
Shareholders' Equity	1,445	1,398	1,288	1,145	1,065	547.23
Total Liabilities & Equity	3,537	3,015	2,755	2,420	1,805	1,207
Total Debt	2.01	3.22	1.66	9.01	-	20.02
Net Cash (Debt)	836.88	857.83	771.52	681.93	600.81	179.05
Net Cash Growth	26.30%	11.19%	13.14%	13.50%	235.56%	61.98%
Net Cash Per Share	6.07	6.15	5.50	4.82	4.66	1.71
Filing Date Shares Outstanding	139.34	139.95	139.95	139.95	139.95	139.95
Total Common Shares Outstanding	139.34	139.95	139.95	139.95	139.95	104.96
Working Capital	1,164	1,121	1,039	964.67	909.71	406.29
Book Value Per Share	9.81	9.87	9.10	8.18	7.61	5.21
Tangible Book Value	1,335	1,349	1,241	1,111	1,037	518.29
Tangible Book Value Per Share	9.58	9.64	8.87	7.94	7.41	4.94
Buildings	-	214.76	140.89	125.92	122.88	104.42
Machinery	-	104.4	73.7	70.71	59.83	52.81
Construction In Progress	-	5.04	59.28	11.78	3.99	9.78

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