SHA:688668 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	94.45	62.71	216.41	754.79	41.53	68.01
Short-Term Investments	-	350.49	370.26	-	50	-
Trading Asset Securities	-	56.04	54.02	189.15	137.75	320
Cash & Short-Term Investments	94.45	469.24	640.69	943.93	229.28	388.01
Cash Growth	-26.96%	-26.76%	-32.13%	311.69%	-40.91%	713.57%
Accounts Receivable	506.71	412.95	293.73	301.3	228.62	147.93
Other Receivables	7.55	3.95	-	2.43	0.21	2.19
Receivables	514.26	416.9	293.73	303.74	228.82	150.12
Inventory	349.75	334.33	268.08	229.37	177.67	98.44
Other Current Assets	355.1	33.84	15.55	9.01	8.2	4.26
Total Current Assets	1,314	1,254	1,218	1,486	643.97	640.83
Property, Plant & Equipment	915.31	753.95	578.56	432.31	304.67	176.96
Other Intangible Assets	133.36	132.69	74.22	73.6	44.79	46
Long-Term Deferred Tax Assets	5.97	8.16	7.52	4.03	3.11	1.6
Long-Term Deferred Charges	6.37	7.85	8.51	3.14	0.79	0.11
Other Long-Term Assets	24.2	19.41	63.27	17.8	12.67	12.02
Total Assets	2,399	2,176	1,950	2,017	1,010	877.51
Accounts Payable	242.3	214.16	115.89	120.97	124.29	58.91
Accrued Expenses	39.47	48.14	33.03	30.23	27.92	15.15
Short-Term Debt	70	-	-	70.07	16.02	35.04
Current Portion of Leases	2.62	4.42	7.53	3.85	-	-
Current Income Taxes Payable	-2.71	3.24	0.61	0.67	2.7	0.83
Current Unearned Revenue	3.59	1.58	2.23	1.94	0.81	0.34
Other Current Liabilities	21.69	6.22	4.27	5.84	1.44	5.38
Total Current Liabilities	376.95	277.76	163.56	233.58	173.18	115.65
Long-Term Debt	24	-	-	-	-	-
Long-Term Leases	17.44	7.13	11.11	15.33	-	-
Long-Term Unearned Revenue	78.1	85.07	43.13	34.57	31.06	27.93
Long-Term Deferred Tax Liabilities	1.45	1.61	2.06	2.31	-	-
Other Long-Term Liabilities	-	0.36	3.37	-	-	-
Total Liabilities	497.95	371.94	223.23	285.78	204.24	143.58
Common Stock	139.2	138.73	98.84	98.84	85.14	85.14
Additional Paid-In Capital	1,273	1,258	1,282	1,283	489.21	484.2
Retained Earnings	486.33	406.97	346.17	348.79	231.41	164.6
Comprehensive Income & Other	2.63	0.98	-0.24	0.36	-	-
Shareholders' Equity	1,901	1,804	1,727	1,731	805.76	733.94
Total Liabilities & Equity	2,399	2,176	1,950	2,017	1,010	877.51
Total Debt	114.06	11.55	18.64	89.25	16.02	35.04
Net Cash (Debt)	-19.61	457.69	622.05	854.68	213.26	352.97
Net Cash Growth	-	-26.42%	-27.22%	300.76%	-39.58%	903.65%
Net Cash Per Share	-0.14	3.32	4.49	7.07	1.78	3.95
Filing Date Shares Outstanding	139.2	138.73	138.37	138.37	119.2	119.2
Total Common Shares Outstanding	139.2	138.73	138.37	138.37	119.2	119.2
Working Capital	936.61	976.56	1,054	1,252	470.79	525.18
Book Value Per Share	13.66	13.01	12.48	12.51	6.76	6.16
Tangible Book Value	1,767	1,672	1,653	1,658	760.97	687.94
Tangible Book Value Per Share	12.70	12.05	11.94	11.98	6.38	5.77
Buildings	-	265.27	192.69	190.42	97.5	57.04
Machinery	-	545.28	418.16	335.33	237.59	156.14
Construction In Progress	-	154.59	116.49	7.78	54.01	26.38

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