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	2018 - 2019
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	2018 - 2019
Cash & Equivalents	600.44	1,006	165.35	196.13	220.19	258.91	Upgrade
Trading Asset Securities	-	150	-	-	-	-	Upgrade
Cash & Short-Term Investments	600.44	1,156	165.35	196.13	220.19	258.91	Upgrade
Cash Growth	-40.80%	599.34%	-15.69%	-10.92%	-14.95%	-23.23%	Upgrade
Accounts Receivable	1,358	1,187	1,133	846.14	482.28	307.3	Upgrade
Other Receivables	6.72	6.97	5.26	5.17	6.23	8.54	Upgrade
Receivables	1,365	1,194	1,138	851.31	488.5	315.83	Upgrade
Inventory	706.52	473.95	336.28	302.13	215.97	156.75	Upgrade
Other Current Assets	191.5	86.16	48.75	68.05	78.64	36.69	Upgrade
Total Current Assets	2,864	2,911	1,689	1,418	1,003	768.18	Upgrade
Property, Plant & Equipment	673.4	603.99	438.28	343.94	279.59	99.25	Upgrade
Long-Term Investments	19.31	19.83	23.49	23.86	-	-	Upgrade
Other Intangible Assets	88.5	71.65	70.79	73.76	77.82	81.55	Upgrade
Long-Term Deferred Tax Assets	51.35	46.02	35.13	26.48	20.26	18.56	Upgrade
Long-Term Deferred Charges	1.63	0.71	0.58	2.25	2.64	3.68	Upgrade
Other Long-Term Assets	102.71	16.84	17.11	27.08	10.87	10.04	Upgrade
Total Assets	3,801	3,670	2,274	1,915	1,394	981.27	Upgrade
Accounts Payable	233.7	248.69	199.72	200.34	182.96	146.53	Upgrade
Accrued Expenses	19.73	36.64	103.61	89.56	65.26	48.88	Upgrade
Short-Term Debt	100	200.14	330.22	272.35	160.92	5	Upgrade
Current Portion of Long-Term Debt	184.24	73.41	77.42	0.22	0.13	95.11	Upgrade
Current Portion of Leases	-	3.14	0.06	5.89	6.75	-	Upgrade
Current Income Taxes Payable	8.44	7.28	9.97	10.81	4.29	2.6	Upgrade
Current Unearned Revenue	6.6	3.76	7.02	12.85	18.52	3.12	Upgrade
Other Current Liabilities	6.24	5.66	7.43	6.17	5.11	1.49	Upgrade
Total Current Liabilities	558.95	578.72	735.45	598.2	443.94	302.75	Upgrade
Long-Term Debt	195	176.6	214.4	306.3	94.72	-	Upgrade
Long-Term Leases	12.9	1.56	2.51	1.75	5.75	-	Upgrade
Long-Term Unearned Revenue	47.15	47.1	41.04	44.63	15.26	11.61	Upgrade
Long-Term Deferred Tax Liabilities	2.19	0.73	0.6	0.95	1.38	0.11	Upgrade
Other Long-Term Liabilities	83.68	35.13	-44.91	-16.08	30.04	75.2	Upgrade
Total Liabilities	899.88	839.84	949.09	935.75	591.09	389.67	Upgrade
Common Stock	636.85	636.85	541.25	541.25	541.25	527.43	Upgrade
Additional Paid-In Capital	1,513	1,498	147.51	118.12	207.4	124	Upgrade
Retained Earnings	724.77	674.9	624.06	312.99	31.77	-80.26	Upgrade
Comprehensive Income & Other	-	-	-	-	-	-0	Upgrade
Total Common Equity	2,875	2,809	1,313	972.36	780.42	571.17	Upgrade
Minority Interest	25.75	20.39	12.31	6.89	22.97	20.43	Upgrade
Shareholders' Equity	2,901	2,830	1,325	979.25	803.39	591.59	Upgrade
Total Liabilities & Equity	3,801	3,670	2,274	1,915	1,394	981.27	Upgrade
Total Debt	492.14	454.85	624.62	586.52	268.27	100.12	Upgrade
Net Cash (Debt)	108.3	701.53	-459.26	-390.39	-48.08	158.79	Upgrade
Net Cash Growth	-84.51%	-	-	-	-	-34.42%	Upgrade
Net Cash Per Share	0.18	1.15	-0.84	-0.72	-0.09	0.30	Upgrade
Filing Date Shares Outstanding	687.47	636.85	636.85	541.25	540.32	527.43	Upgrade
Total Common Shares Outstanding	687.47	636.85	541.25	541.25	540.32	527.43	Upgrade
Working Capital	2,305	2,332	953.37	819.44	559.36	465.43	Upgrade
Book Value Per Share	4.18	4.41	2.43	1.80	1.44	1.08	Upgrade
Tangible Book Value	2,786	2,738	1,242	898.61	702.61	489.62	Upgrade
Tangible Book Value Per Share	4.05	4.30	2.29	1.66	1.30	0.93	Upgrade
Buildings	-	6.94	6.94	6.94	6.94	6.94	Upgrade
Machinery	-	241.37	174.53	138.13	116	88.85	Upgrade
Construction In Progress	-	475.23	352.15	268.38	202.07	44.43	Upgrade

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