SHA:688719 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	318.57	291.69	1,166	84.1	126.96	134.14
Trading Asset Securities	277.24	596.25	80.14	-	-	-
Cash & Short-Term Investments	595.81	887.94	1,246	84.1	126.96	134.14
Cash Growth	-33.99%	-28.74%	1381.72%	-33.76%	-5.36%	205.38%
Accounts Receivable	524.03	634.86	539.36	395.98	293.77	205.4
Other Receivables	8.8	7.1	5.24	3.8	1.81	3.08
Receivables	532.83	641.96	544.61	399.78	295.58	208.48
Inventory	469.44	348.18	313.65	242.33	183.98	156.01
Other Current Assets	32.27	13.55	12.69	14.36	10.85	12.43
Total Current Assets	1,630	1,892	2,117	740.57	617.37	511.08
Property, Plant & Equipment	530.47	343.37	131.2	113.87	88.73	92.07
Long-Term Investments	40.43	42.41	-	-	-	-
Other Intangible Assets	34.31	34.74	14.05	12.1	12.42	12.63
Long-Term Accounts Receivable	-	13.12	7.37	4.61	-	-
Long-Term Deferred Tax Assets	48.52	24.5	18.84	18.69	19.44	22.08
Long-Term Deferred Charges	0.86	0.46	0.21	-	0.54	0.32
Other Long-Term Assets	52.87	24.13	3.83	-	4.41	6.41
Total Assets	2,338	2,374	2,293	889.86	742.9	644.58
Accounts Payable	338.1	338.44	292.51	221.4	198.51	185.03
Accrued Expenses	32.33	43.26	37.64	35.13	27.05	20.92
Short-Term Debt	115.76	63.53	8.2	137.93	127.78	119.63
Current Portion of Leases	0.01	1.81	1.04	4.21	-	-
Current Income Taxes Payable	3.05	-	7.42	1.15	0.67	2.49
Current Unearned Revenue	77.55	58.33	22.58	38.39	26.47	46.79
Other Current Liabilities	52.22	66.52	71.94	43.52	54.39	57.5
Total Current Liabilities	619.02	571.9	441.32	481.72	434.87	432.35
Long-Term Debt	-	-	-	-	-	20
Long-Term Leases	1.16	1.01	2.89	3.86	0.52	-
Long-Term Unearned Revenue	0.11	0.17	0.32	0.55	0.8	0.77
Long-Term Deferred Tax Liabilities	-	-	0.03	1.29	0.51	0.59
Other Long-Term Liabilities	21.85	18.09	13.61	9.15	8.19	7.7
Total Liabilities	642.14	591.17	458.18	496.57	444.89	461.41
Common Stock	115.39	115.39	82.48	61.86	60.6	57.06
Additional Paid-In Capital	1,407	1,438	1,476	180.04	156.1	95.46
Retained Earnings	230.11	293.46	265.62	126.97	58.25	10.73
Treasury Stock	-57.17	-63.72	-	-	-	-
Total Common Equity	1,696	1,783	1,824	368.87	274.95	163.24
Minority Interest	-	-	9.94	24.41	23.06	19.92
Shareholders' Equity	1,696	1,783	1,834	393.28	298.01	183.17
Total Liabilities & Equity	2,338	2,374	2,293	889.86	742.9	644.58
Total Debt	116.92	66.34	12.13	145.99	128.31	139.63
Net Cash (Debt)	478.89	821.59	1,234	-61.89	-1.35	-5.48
Net Cash Growth	-41.76%	-33.42%	-	-	-	-
Net Cash Per Share	4.25	7.19	13.17	-0.72	-0.02	-0.07
Filing Date Shares Outstanding	113.42	112.83	115.47	86.6	84.84	81.15
Total Common Shares Outstanding	113.42	112.83	115.47	86.6	84.84	81.15
Working Capital	1,011	1,320	1,676	258.85	182.49	78.72
Book Value Per Share	14.95	15.80	15.80	4.26	3.24	2.01
Tangible Book Value	1,661	1,748	1,810	356.77	262.53	150.62
Tangible Book Value Per Share	14.65	15.50	15.68	4.12	3.09	1.86
Buildings	-	118.81	118.81	118.81	-	-
Machinery	-	99.06	65.12	49.09	-	-
Construction In Progress	-	210.5	16.31	0.53	-	-

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