SHA:688689 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	166.16	246.75	280.19	271.62	207.88	235.88
Short-Term Investments	-	-	55.48	-	7	-
Trading Asset Securities	832.45	792.06	754.41	769.72	361.36	-
Cash & Short-Term Investments	998.61	1,039	1,090	1,041	576.24	235.88
Cash Growth	-3.98%	-4.70%	4.68%	80.71%	144.29%	18.70%
Accounts Receivable	420.6	416.02	266.6	238.47	301.92	248.12
Other Receivables	1.38	4.03	2.46	1.49	3.81	0.59
Receivables	421.98	420.05	269.06	239.96	305.73	248.71
Inventory	216.63	195.08	165.5	158.1	142.3	96.38
Other Current Assets	13.88	9.49	13.65	8.93	4.5	8.01
Total Current Assets	1,651	1,663	1,538	1,448	1,029	588.97
Property, Plant & Equipment	509.29	452.19	394.61	394.65	292.39	175.55
Long-Term Investments	55.97	57.5	31.01	31.6	16.78	-
Goodwill	0.64	0.64	0.64	0.64	0.64	0.64
Other Intangible Assets	18.8	19.47	20.87	21.82	23.03	23.93
Long-Term Deferred Tax Assets	6.37	5.76	4.83	5.67	7.99	11.14
Other Long-Term Assets	6.35	6.82	0.05	0.88	20.82	8.88
Total Assets	2,249	2,206	1,990	1,904	1,390	809.11
Accounts Payable	338.95	330	209.6	188.43	269.39	198.92
Accrued Expenses	20.41	24.12	18.62	20.07	20.74	18.29
Short-Term Debt	10.02	6.2	-	-	-	-
Current Portion of Leases	0.82	1.26	1.66	1.67	-	-
Current Income Taxes Payable	3.5	10.73	6.58	-	-	2.59
Current Unearned Revenue	2.06	1.72	1.67	1.54	2.44	2.63
Other Current Liabilities	0.62	0.7	0.45	0.7	0.62	0.98
Total Current Liabilities	376.39	374.73	238.58	212.4	293.18	223.41
Long-Term Debt	427.65	405.17	372.7	342.23	-	-
Long-Term Leases	0.44	1.09	2.15	3.81	6.77	-
Long-Term Unearned Revenue	12.49	13.91	15.82	18.03	6.47	7.56
Long-Term Deferred Tax Liabilities	39.36	35.45	39.55	43.54	9.46	1.93
Other Long-Term Liabilities	10	10	-	-	-	-
Total Liabilities	866.34	840.36	668.81	620.01	315.88	232.9
Common Stock	128.9	128.9	128.9	128.9	128.4	96.3
Additional Paid-In Capital	600.52	597.43	603.89	605.41	590.89	233.42
Retained Earnings	495.56	478.52	432.42	396.7	355.26	246.49
Treasury Stock	-30.48	-30.48	-	-	-	-
Comprehensive Income & Other	152.49	152.49	152.5	152.57	-	-
Total Common Equity	1,347	1,327	1,318	1,284	1,075	576.21
Minority Interest	35.18	38.58	3.76	-	-	-
Shareholders' Equity	1,382	1,365	1,321	1,284	1,075	576.21
Total Liabilities & Equity	2,249	2,206	1,990	1,904	1,390	809.11
Total Debt	438.93	413.73	376.52	347.71	6.77	-
Net Cash (Debt)	559.68	625.08	713.56	693.63	569.47	235.88
Net Cash Growth	-12.44%	-12.40%	2.87%	21.80%	141.42%	18.70%
Net Cash Per Share	4.36	4.87	5.57	5.39	4.53	2.45
Filing Date Shares Outstanding	127.17	127.17	128.9	128.9	128.4	96.3
Total Common Shares Outstanding	127.17	127.17	128.9	128.9	128.4	96.3
Working Capital	1,275	1,289	1,300	1,236	735.59	365.57
Book Value Per Share	10.59	10.43	10.22	9.96	8.37	5.98
Tangible Book Value	1,328	1,307	1,296	1,261	1,051	551.64
Tangible Book Value Per Share	10.44	10.28	10.06	9.78	8.18	5.73
Buildings	-	89.57	89.55	85.46	51.47	51.47
Machinery	-	738.22	708.83	676.53	569.19	480.88
Construction In Progress	-	75.45	15.9	24.23	23.12	17.35

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