SHA:688709 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	600.44	1,006	165.35	196.13	220.19	258.91
Trading Asset Securities	-	150	-	-	-	-
Cash & Short-Term Investments	600.44	1,156	165.35	196.13	220.19	258.91
Cash Growth	-40.80%	599.34%	-15.69%	-10.92%	-14.95%	-23.23%
Accounts Receivable	1,358	1,187	1,133	846.14	482.28	307.3
Other Receivables	6.72	6.97	5.26	5.17	6.23	8.54
Receivables	1,365	1,194	1,138	851.31	488.5	315.83
Inventory	706.52	473.95	336.28	302.13	215.97	156.75
Other Current Assets	191.5	86.16	48.75	68.05	78.64	36.69
Total Current Assets	2,864	2,911	1,689	1,418	1,003	768.18
Property, Plant & Equipment	673.4	603.99	438.28	343.94	279.59	99.25
Long-Term Investments	19.31	19.83	23.49	23.86	-	-
Other Intangible Assets	88.5	71.65	70.79	73.76	77.82	81.55
Long-Term Deferred Tax Assets	51.35	46.02	35.13	26.48	20.26	18.56
Long-Term Deferred Charges	1.63	0.71	0.58	2.25	2.64	3.68
Other Long-Term Assets	102.71	16.84	17.11	27.08	10.87	10.04
Total Assets	3,801	3,670	2,274	1,915	1,394	981.27
Accounts Payable	233.7	248.69	199.72	200.34	182.96	146.53
Accrued Expenses	19.73	36.64	103.61	89.56	65.26	48.88
Short-Term Debt	100	200.14	330.22	272.35	160.92	5
Current Portion of Long-Term Debt	184.24	73.41	77.42	0.22	0.13	95.11
Current Portion of Leases	-	3.14	0.06	5.89	6.75	-
Current Income Taxes Payable	8.44	7.28	9.97	10.81	4.29	2.6
Current Unearned Revenue	6.6	3.76	7.02	12.85	18.52	3.12
Other Current Liabilities	6.24	5.66	7.43	6.17	5.11	1.49
Total Current Liabilities	558.95	578.72	735.45	598.2	443.94	302.75
Long-Term Debt	195	176.6	214.4	306.3	94.72	-
Long-Term Leases	12.9	1.56	2.51	1.75	5.75	-
Long-Term Unearned Revenue	47.15	47.1	41.04	44.63	15.26	11.61
Long-Term Deferred Tax Liabilities	2.19	0.73	0.6	0.95	1.38	0.11
Other Long-Term Liabilities	83.68	35.13	-44.91	-16.08	30.04	75.2
Total Liabilities	899.88	839.84	949.09	935.75	591.09	389.67
Common Stock	636.85	636.85	541.25	541.25	541.25	527.43
Additional Paid-In Capital	1,513	1,498	147.51	118.12	207.4	124
Retained Earnings	724.77	674.9	624.06	312.99	31.77	-80.26
Comprehensive Income & Other	-	-	-	-	-	-0
Total Common Equity	2,875	2,809	1,313	972.36	780.42	571.17
Minority Interest	25.75	20.39	12.31	6.89	22.97	20.43
Shareholders' Equity	2,901	2,830	1,325	979.25	803.39	591.59
Total Liabilities & Equity	3,801	3,670	2,274	1,915	1,394	981.27
Total Debt	492.14	454.85	624.62	586.52	268.27	100.12
Net Cash (Debt)	108.3	701.53	-459.26	-390.39	-48.08	158.79
Net Cash Growth	-84.51%	-	-	-	-	-34.42%
Net Cash Per Share	0.18	1.15	-0.84	-0.72	-0.09	0.30
Filing Date Shares Outstanding	636.85	636.85	636.85	541.25	540.32	527.43
Total Common Shares Outstanding	636.85	636.85	541.25	541.25	540.32	527.43
Working Capital	2,305	2,332	953.37	819.44	559.36	465.43
Book Value Per Share	4.51	4.41	2.43	1.80	1.44	1.08
Tangible Book Value	2,786	2,738	1,242	898.61	702.61	489.62
Tangible Book Value Per Share	4.38	4.30	2.29	1.66	1.30	0.93
Buildings	-	6.94	6.94	6.94	6.94	6.94
Machinery	-	241.37	174.53	138.13	116	88.85
Construction In Progress	-	475.23	352.15	268.38	202.07	44.43

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