SHA:688691 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	855.64	854.67	412.06	427.24	420.91	553.34
Short-Term Investments	-	-	108.3	83.55	-	-
Trading Asset Securities	50.06	90	300.88	280.93	150.2	-
Cash & Short-Term Investments	905.7	944.67	821.23	791.72	571.11	553.34
Cash Growth	-17.94%	15.03%	3.73%	38.63%	3.21%	773.44%
Accounts Receivable	44.72	89.7	44.03	52.58	73.75	34.32
Other Receivables	0.8	16.75	0.3	6.96	2.8	0.33
Receivables	45.52	106.45	44.33	59.54	76.55	34.65
Inventory	119.92	107.24	202.02	175.26	119.83	36.11
Other Current Assets	318.87	156.04	62.92	76.62	9.06	4.18
Total Current Assets	1,390	1,314	1,131	1,103	776.55	628.29
Property, Plant & Equipment	37.7	43.16	42.16	37.57	37.07	9.46
Long-Term Investments	124.46	271.78	80.83	104.8	183.35	80.55
Other Intangible Assets	100.93	99.91	86.14	90.01	88.39	71.15
Long-Term Deferred Tax Assets	23.64	6.11	6.98	15.22	21.22	21.33
Long-Term Deferred Charges	-	-	0.32	1.67	1.87	1.01
Other Long-Term Assets	-	-	7.02	-	-	0.41
Total Assets	1,677	1,735	1,354	1,352	1,108	812.21
Accounts Payable	70.14	75.36	107.76	122.59	231.92	132.54
Accrued Expenses	19.35	33.77	45.87	39.2	28.34	16.33
Current Portion of Leases	3.37	5.76	4.92	4.22	-	-
Current Income Taxes Payable	3.01	0.94	0.92	0.41	7.94	8.27
Current Unearned Revenue	283.54	212.66	307.25	457.68	291.02	178.88
Other Current Liabilities	37.75	36.01	61.27	85.25	40.3	21.58
Total Current Liabilities	417.15	364.49	528	709.36	599.51	357.6
Long-Term Leases	2.06	1.81	6.58	2.86	5.85	-
Long-Term Unearned Revenue	3.22	3.69	-	5.08	6.43	6.43
Total Liabilities	422.43	370	534.58	717.3	611.78	364.03
Common Stock	120	120	90	90	90	53.57
Additional Paid-In Capital	928.39	920.37	418.38	407.69	372.48	510.06
Retained Earnings	196.18	311.07	301.39	130.91	36.27	-113.67
Comprehensive Income & Other	9.73	13.92	9.61	6.5	-2.08	-1.78
Shareholders' Equity	1,254	1,365	819.38	635.1	496.67	448.18
Total Liabilities & Equity	1,677	1,735	1,354	1,352	1,108	812.21
Total Debt	5.43	7.57	11.5	7.08	5.85	-
Net Cash (Debt)	900.28	937.1	809.73	784.64	565.26	553.34
Net Cash Growth	-17.81%	15.73%	3.20%	38.81%	2.15%	881.52%
Net Cash Per Share	7.57	8.60	8.98	8.68	6.32	-
Filing Date Shares Outstanding	120	120	120	90.35	90	-
Total Common Shares Outstanding	120	120	90	90.35	90	-
Working Capital	972.86	949.92	602.51	393.78	177.05	270.69
Book Value Per Share	10.45	11.38	9.10	7.03	5.52	-
Tangible Book Value	1,153	1,265	733.24	545.09	408.27	377.03
Tangible Book Value Per Share	9.61	10.55	8.15	6.03	4.54	-
Buildings	-	7.3	7.3	7.3	7.3	7.3
Machinery	-	61.27	49.55	44.73	33.09	12.86

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