SHA:688726 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,012	1,074	970.21	1,379	85.97
Short-Term Investments	331	367.85	53.25	-	-
Trading Asset Securities	1,072	715.62	541	284.73	71.8
Cash & Short-Term Investments	2,416	2,157	1,564	1,663	157.77
Cash Growth	45.22%	37.89%	-5.95%	954.34%	-
Accounts Receivable	2,014	1,784	1,731	698.52	320.33
Other Receivables	9.49	12.26	21.03	-3.42	0.32
Receivables	2,023	1,796	1,752	695.1	320.66
Inventory	3,969	4,335	6,053	2,103	372.54
Other Current Assets	162.18	188.31	440.74	260.76	64.7
Total Current Assets	8,570	8,476	9,810	4,722	915.67
Property, Plant & Equipment	329.91	339.44	285.99	162.05	112.66
Long-Term Investments	805.54	979.59	844.88	151.45	30.24
Other Intangible Assets	150.61	152.63	128.51	32.02	32.46
Long-Term Deferred Tax Assets	137.14	123.04	101.96	43.41	40.57
Long-Term Deferred Charges	23.86	26.4	42.46	11.38	3.02
Other Long-Term Assets	17.11	12.37	10.15	7.88	1.64
Total Assets	10,034	10,109	11,224	5,131	1,136
Accounts Payable	1,926	1,841	2,607	1,361	239.44
Accrued Expenses	68.23	124.32	140.58	81.67	15.52
Short-Term Debt	32.39	70.05	170.09	-	15.02
Current Portion of Long-Term Debt	67.6	67.29	31.7	12.91	5.44
Current Income Taxes Payable	113.13	63.59	60.26	1.56	-
Current Unearned Revenue	3,533	3,932	5,678	1,783	380.96
Other Current Liabilities	180.02	175.38	296.84	166.67	74.39
Total Current Liabilities	5,920	6,274	8,985	3,407	730.78
Long-Term Debt	153.58	165.22	61.47	-	-
Long-Term Leases	54.94	57.4	31.47	74.49	55.08
Long-Term Unearned Revenue	2.68	2.74	-	-	-
Other Long-Term Liabilities	85.79	70.03	35.55	17.22	22.11
Total Liabilities	6,217	6,569	9,113	3,499	807.96
Common Stock	405.33	405.33	364.79	364.79	12.63
Additional Paid-In Capital	1,807	1,782	1,127	1,071	555.71
Retained Earnings	1,588	1,336	606.4	195.59	-240.15
Comprehensive Income & Other	-0.06	0.05	-0.05	0	0.09
Total Common Equity	3,800	3,524	2,098	1,631	328.28
Minority Interest	17.15	16.5	13.27	0.76	-
Shareholders' Equity	3,817	3,540	2,111	1,632	328.28
Total Liabilities & Equity	10,034	10,109	11,224	5,131	1,136
Total Debt	308.51	359.95	294.72	87.4	75.54
Net Cash (Debt)	2,107	1,797	1,270	1,576	82.23
Net Cash Growth	33.69%	41.54%	-19.43%	1816.61%	-
Net Cash Per Share	5.50	4.83	3.49	4.40	-
Filing Date Shares Outstanding	405.33	405.33	364.79	358.25	-
Total Common Shares Outstanding	405.33	405.33	364.79	358.25	-
Working Capital	2,650	2,202	825.57	1,316	184.89
Book Value Per Share	9.37	8.69	5.75	4.55	-
Tangible Book Value	3,649	3,371	1,969	1,599	295.82
Tangible Book Value Per Share	9.00	8.32	5.40	4.46	-
Buildings	-	167.28	70.3	33.9	33.9
Machinery	-	115.16	78.24	36.9	14.6
Construction In Progress	-	34.05	112.96	19.6	8.84

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