SHA:688679 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	377	372.39	399.19	444.16	354.75	685.98
Trading Asset Securities	-	-	8	10.21	10	-
Cash & Short-Term Investments	377	372.39	407.19	454.36	364.75	685.98
Cash Growth	21.41%	-8.55%	-10.38%	24.57%	-46.83%	96.00%
Accounts Receivable	1,423	1,664	1,385	920.81	765.89	560.65
Other Receivables	45.94	46.02	24.83	55.87	36.71	34.28
Receivables	1,469	1,710	1,409	976.68	802.6	594.94
Inventory	53.92	73.96	64.19	65.41	68.94	39.59
Other Current Assets	53.14	38.3	37.73	23.75	35.82	29.74
Total Current Assets	1,953	2,195	1,919	1,520	1,272	1,350
Property, Plant & Equipment	357.35	379.8	404.13	366.62	321.36	224.49
Long-Term Investments	136.63	144.75	133.5	126.07	98.47	86.94
Other Intangible Assets	137.4	140.87	146.68	150.53	112.75	70.33
Long-Term Accounts Receivable	-	24.46	14.68	19.31	16.9	-
Long-Term Deferred Tax Assets	43.74	42.55	30.9	19.82	14.56	8.34
Long-Term Deferred Charges	8.86	10.41	5.08	4.09	4.72	-
Other Long-Term Assets	168.91	154.54	103.17	103.14	108.23	102.48
Total Assets	2,806	3,092	2,757	2,310	1,949	1,843
Accounts Payable	1,091	1,359	1,106	798.37	576.18	395.42
Accrued Expenses	26.96	91.17	65.44	63.36	50.68	67.34
Short-Term Debt	95.46	73.94	10.01	1	-	67.7
Current Portion of Long-Term Debt	141.9	76.41	35.52	63.35	28.28	17.2
Current Portion of Leases	-	0.61	1.61	0.86	1.56	-
Current Income Taxes Payable	54.68	11.61	12.77	12.18	11.3	13.35
Current Unearned Revenue	4.92	18.3	84.95	25.8	22.73	54.35
Other Current Liabilities	97.19	126.7	106.53	57.8	41.47	39.23
Total Current Liabilities	1,512	1,758	1,423	1,023	732.2	654.6
Long-Term Debt	132.81	157.07	172.83	147.38	110.74	104.54
Long-Term Leases	1.17	1.38	5.05	3.74	4.28	-
Long-Term Unearned Revenue	2.7	2.83	3.01	3.19	3.37	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0	0.01
Other Long-Term Liabilities	23.49	20.73	17.74	15.94	10.28	7.04
Total Liabilities	1,672	1,940	1,622	1,193	860.88	766.19
Common Stock	131.69	131.69	131.69	131.69	131.69	131.69
Additional Paid-In Capital	670.32	668.95	666.26	666.26	666.26	666.26
Retained Earnings	321.72	345.1	334.42	316.39	286.63	264.16
Comprehensive Income & Other	-1.01	-1.54	-0.06	-4.6	-6.65	0.48
Total Common Equity	1,123	1,144	1,132	1,110	1,078	1,063
Minority Interest	11.36	7.76	2.55	7.07	10.3	14.06
Shareholders' Equity	1,134	1,152	1,135	1,117	1,088	1,077
Total Liabilities & Equity	2,806	3,092	2,757	2,310	1,949	1,843
Total Debt	371.35	309.41	225.01	216.32	144.86	189.44
Net Cash (Debt)	5.65	62.98	182.18	238.04	219.88	496.53
Net Cash Growth	-	-65.43%	-23.46%	8.26%	-55.72%	256.20%
Net Cash Per Share	0.05	0.46	1.38	1.83	1.67	5.05
Filing Date Shares Outstanding	131.69	131.69	131.69	131.69	131.69	131.69
Total Common Shares Outstanding	131.69	131.69	131.69	131.69	131.69	131.69
Working Capital	441.37	436.59	495.34	497.49	539.91	695.65
Book Value Per Share	8.53	8.69	8.60	8.43	8.19	8.07
Tangible Book Value	985.33	1,003	985.62	959.19	965.18	992.25
Tangible Book Value Per Share	7.48	7.62	7.48	7.28	7.33	7.53
Buildings	-	382.08	187.2	187.11	157.56	151.83
Machinery	-	99.09	109.23	108.62	113.74	98.61
Construction In Progress	-	-	193.21	138.65	97.45	14.4

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