SHA:688729 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	3,481	2,736	1,442	993.3	1,402	2,193
Trading Asset Securities	282.03	340.54	775.06	880.72	541.41	72.68
Cash & Short-Term Investments	3,763	3,077	2,217	1,874	1,943	2,266
Cash Growth	69.72%	38.76%	18.33%	-3.55%	-14.24%	843.12%
Accounts Receivable	367.37	363.74	468.88	611.41	250.57	193.88
Other Receivables	13.89	-	2.94	-	5.21	0.02
Receivables	381.26	363.74	471.82	611.41	255.78	193.9
Inventory	3,690	3,497	2,911	2,749	1,856	1,324
Prepaid Expenses	-	-	-	-	0.08	0.05
Other Current Assets	499.33	273.95	162.9	206.86	120.83	90.8
Total Current Assets	8,334	7,212	5,763	5,441	4,175	3,875
Property, Plant & Equipment	1,239	1,071	964.13	691.36	323.68	123.73
Long-Term Investments	-	-	39.09	-	-	-
Goodwill	975.26	986.64	972.14	955.93	875.1	895.57
Other Intangible Assets	48.49	65.04	67.14	75.88	70.77	80.46
Long-Term Deferred Tax Assets	529.12	476.91	412.07	345.64	286.23	313.25
Long-Term Deferred Charges	58.61	116.45	98.19	73.68	39.9	58.13
Other Long-Term Assets	456.82	24.92	25.43	15.48	34.11	15.64
Total Assets	11,641	9,953	8,341	7,599	5,805	5,362
Accounts Payable	388.27	632.45	527.46	544.69	356.83	222.47
Accrued Expenses	87.78	208.48	195.67	205.29	143.38	141.75
Short-Term Debt	-	-	138.32	453.74	-	110.1
Current Portion of Long-Term Debt	-	241.78	300.74	0.29	-	189.22
Current Portion of Leases	-	28.79	27.79	26.26	-	-
Current Income Taxes Payable	51.43	31.65	31.02	42.51	26.95	2.82
Current Unearned Revenue	791.51	1,161	671.62	476.29	519.1	308.12
Other Current Liabilities	506.28	146.21	174.81	178.07	129.65	46.88
Total Current Liabilities	1,825	2,450	2,067	1,927	1,176	1,021
Long-Term Debt	704.18	1,320	644.36	386.72	-	31.97
Long-Term Leases	179.3	41.05	65	78.9	69.92	-
Long-Term Unearned Revenue	114.67	200.98	198.04	198.45	172.8	61.82
Pension & Post-Retirement Benefits	1.21	-	-	-	0.33	0.31
Long-Term Deferred Tax Liabilities	10.13	7.57	11.35	10.36	10.15	13.32
Other Long-Term Liabilities	15	18.59	11.76	16.65	10.1	26.41
Total Liabilities	2,850	4,038	2,998	2,618	1,439	1,155
Common Stock	2,956	2,660	2,660	2,660	2,660	2,660
Additional Paid-In Capital	3,710	1,653	1,646	1,633	1,612	1,582
Retained Earnings	1,906	1,391	849.63	540.21	157.69	-23.55
Comprehensive Income & Other	219.58	210.55	187.32	147.46	-64.39	-11.59
Shareholders' Equity	8,792	5,915	5,343	4,981	4,366	4,206
Total Liabilities & Equity	11,641	9,953	8,341	7,599	5,805	5,362
Total Debt	883.49	1,631	1,176	945.91	69.92	331.29
Net Cash (Debt)	2,880	1,446	1,041	928.11	1,873	1,934
Net Cash Growth	176.59%	38.85%	12.19%	-50.45%	-3.17%	-
Net Cash Per Share	1.06	0.54	0.39	0.35	0.72	0.73
Filing Date Shares Outstanding	2,956	2,660	2,660	2,660	2,589	2,660
Total Common Shares Outstanding	2,956	2,660	2,660	2,660	2,589	2,660
Working Capital	6,509	4,762	3,695	3,514	2,999	2,854
Book Value Per Share	2.97	2.22	2.01	1.87	1.69	1.58
Tangible Book Value	7,768	4,863	4,304	3,949	3,420	3,230
Tangible Book Value Per Share	2.63	1.83	1.62	1.48	1.32	1.21
Buildings	-	377.73	362.85	-	-	-
Machinery	-	901.45	656.22	443.64	309.71	286.76
Construction In Progress	-	126.77	165.97	398.97	121.43	9.56

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