SHA:688687 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	1,140	902.83	853.63	726.38	1,158	419.64
Trading Asset Securities	284.07	350.87	365.33	511.12	80	-
Cash & Short-Term Investments	1,424	1,254	1,219	1,237	1,238	419.64
Cash Growth	14.83%	2.85%	-1.50%	-0.05%	195.03%	17.06%
Accounts Receivable	448.61	428.39	437.78	393.55	380.87	275.87
Other Receivables	2.65	1.62	1.78	2.24	2.71	1.19
Receivables	451.26	430.01	439.56	395.79	383.59	277.06
Inventory	148.51	144.24	139.54	148.81	143.73	79.8
Prepaid Expenses	-	0.7	1.71	1.09	1.18	0.81
Other Current Assets	36.86	31.45	21.92	11.68	24.34	15.4
Total Current Assets	2,060	1,860	1,822	1,795	1,791	792.72
Property, Plant & Equipment	571.21	493.05	323.63	183.53	173.52	167.13
Long-Term Investments	23.4	26.55	67.58	42.42	36.7	37.25
Other Intangible Assets	87.84	99.88	99.07	112.31	127.07	139.45
Long-Term Deferred Tax Assets	12.21	11.1	13.4	7.73	10.56	7.75
Long-Term Deferred Charges	109.22	105.56	86.83	48.88	10.2	7.64
Other Long-Term Assets	3.88	19.39	36	19.97	28.78	20.26
Total Assets	2,868	2,616	2,448	2,210	2,178	1,172
Accounts Payable	280.1	370.07	464.87	365.74	316.59	169.47
Accrued Expenses	28.45	34.23	41.13	42.76	32.41	24.62
Short-Term Debt	138.14	83.52	25.87	13.99	-	-
Current Portion of Leases	59.48	2.91	1.51	1.34	-	-
Current Income Taxes Payable	35.67	0.35	6.81	3.27	12.15	7.71
Current Unearned Revenue	27.67	27.24	34.22	35.76	35.69	37.49
Other Current Liabilities	179.97	19.54	17.38	16.29	15.08	10.56
Total Current Liabilities	749.47	537.87	591.8	479.15	411.93	249.85
Long-Term Debt	262.96	160.45	26.99	-	-	-
Long-Term Leases	0.51	1.65	0.56	0.29	3.42	-
Long-Term Unearned Revenue	27.75	32.45	37.23	43.38	72.48	68.72
Long-Term Deferred Tax Liabilities	2.24	2.9	6.44	5.11	2.44	-
Total Liabilities	1,043	735.33	663.01	527.93	490.27	318.56
Common Stock	170.94	170.94	170.94	170.91	169.83	127.37
Additional Paid-In Capital	1,137	1,251	1,250	1,244	1,247	540.05
Retained Earnings	544.38	492.1	393.81	310.76	269.81	188
Treasury Stock	-45.06	-60.11	-60.11	-47.85	-	-
Comprehensive Income & Other	-10.85	-10.75	-0.73	-2.57	-7.74	-7.7
Total Common Equity	1,796	1,843	1,754	1,676	1,679	847.72
Minority Interest	28.84	37.05	31.31	6.23	8.9	5.92
Shareholders' Equity	1,825	1,880	1,785	1,682	1,687	853.63
Total Liabilities & Equity	2,868	2,616	2,448	2,210	2,178	1,172
Total Debt	461.09	248.53	54.92	15.62	3.42	-
Net Cash (Debt)	962.54	1,005	1,164	1,222	1,235	419.64
Net Cash Growth	-0.37%	-13.65%	-4.73%	-1.03%	194.22%	17.06%
Net Cash Per Share	5.75	6.00	6.99	7.18	7.60	3.28
Filing Date Shares Outstanding	164.04	167.44	167.44	167.87	169.83	169.83
Total Common Shares Outstanding	164.04	167.44	167.44	167.87	169.83	127.37
Working Capital	1,311	1,322	1,230	1,316	1,379	542.87
Book Value Per Share	10.95	11.01	10.47	9.98	9.88	6.66
Tangible Book Value	1,708	1,743	1,655	1,563	1,552	708.27
Tangible Book Value Per Share	10.41	10.41	9.88	9.31	9.14	5.56
Buildings	-	133.49	133.49	114.06	119.1	113.09
Machinery	-	202.55	187.72	191.02	185.82	179.15
Construction In Progress	-	241.32	128.81	2.59	5.33	3.45

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