SHA:688699 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	107.71	57.05	175.62	525.72	909.09	464.83
Short-Term Investments	-	-	12.46	-	-	-
Trading Asset Securities	87.81	215.37	98.96	69.19	4.16	214.42
Cash & Short-Term Investments	195.52	272.42	287.04	594.92	913.26	679.24
Cash Growth	-8.96%	-5.09%	-51.75%	-34.86%	34.45%	605.64%
Accounts Receivable	305.73	299.26	270.01	219.9	154.4	245.78
Other Receivables	2.23	0.33	0.19	3.42	0.2	0.25
Receivables	307.95	299.59	270.2	223.31	154.59	246.03
Inventory	211.81	228.18	188.05	370.56	271.86	88.92
Other Current Assets	87.35	55.89	331.35	132.69	194.25	12.59
Total Current Assets	802.63	856.08	1,077	1,321	1,534	1,027
Property, Plant & Equipment	208.52	236.07	284.62	347.09	318.11	164.06
Long-Term Investments	409.46	308.83	154.81	-	-	-
Other Intangible Assets	24.89	5.9	2.03	2.92	4.08	0.48
Long-Term Deferred Tax Assets	49.67	40.49	34.37	18.65	5.76	5.29
Long-Term Deferred Charges	28.61	31.61	24.25	28.83	10.13	2.17
Other Long-Term Assets	9.77	6.46	0.06	0.98	14.68	3.5
Total Assets	1,534	1,485	1,577	1,720	1,887	1,202
Accounts Payable	198.5	85.08	101.91	42.59	48.04	30.1
Accrued Expenses	11.76	24.04	31.06	46.79	73.97	49.26
Short-Term Debt	55.57	51.23	35.81	13.73	-	-
Current Portion of Long-Term Debt	12.33	1.74	-	-	-	-
Current Portion of Leases	-	9.41	6.34	7.66	6.36	-
Current Income Taxes Payable	1.03	-	-	-	-	2.27
Current Unearned Revenue	2.44	4.89	5.99	5.56	8.86	11.51
Other Current Liabilities	1.95	24.84	36.01	51.78	40.87	19.61
Total Current Liabilities	283.57	201.23	217.12	168.11	178.1	112.75
Long-Term Debt	-	1.79	-	-	-	-
Long-Term Leases	20.82	21.94	6.13	8.55	11.73	-
Long-Term Unearned Revenue	16.45	21.27	22.29	15.15	8.93	3.71
Long-Term Deferred Tax Liabilities	1.3	0.94	0.76	1.35	-	-
Total Liabilities	322.15	247.18	246.3	193.16	198.77	116.46
Common Stock	110.06	110.06	110.06	110.06	74.37	74.37
Additional Paid-In Capital	590.76	590.76	590.76	590.76	626.45	626.45
Retained Earnings	608.86	635.37	628.28	824.91	987.78	385.16
Treasury Stock	-99.82	-99.82	-	-	-	-
Comprehensive Income & Other	1.53	1.88	1.38	1.05	-0.66	-0.16
Total Common Equity	1,211	1,238	1,330	1,527	1,688	1,086
Shareholders' Equity	1,211	1,238	1,330	1,527	1,688	1,086
Total Liabilities & Equity	1,534	1,485	1,577	1,720	1,887	1,202
Total Debt	88.72	86.11	48.28	29.94	18.09	-
Net Cash (Debt)	106.79	186.31	238.76	564.97	895.17	679.24
Net Cash Growth	-22.20%	-21.97%	-57.74%	-36.89%	31.79%	605.64%
Net Cash Per Share	1.10	1.84	2.18	5.32	8.13	8.23
Filing Date Shares Outstanding	106.52	106.52	110.06	110.06	110.06	110.06
Total Common Shares Outstanding	106.52	106.52	110.06	110.06	110.06	110.06
Working Capital	519.05	654.85	859.52	1,153	1,356	914.03
Book Value Per Share	11.37	11.62	12.09	13.87	15.34	9.87
Tangible Book Value	1,187	1,232	1,328	1,524	1,684	1,085
Tangible Book Value Per Share	11.14	11.57	12.07	13.85	15.30	9.86
Buildings	-	5.61	5.61	5.61	5.61	5.61
Machinery	-	531.63	516.61	458.83	307.12	214.95
Construction In Progress	-	3.69	0.55	33.29	81.17	5.65

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