SHA:688750 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	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	Dec '20 Dec 31, 2020
Cash & Equivalents	491	619.55	302.72	138.93	356.37	624.91
Short-Term Investments	301.9	300.21	367.14	-	-	-
Cash & Short-Term Investments	792.91	919.76	669.87	138.93	356.37	624.91
Cash Growth	470.71%	37.30%	382.15%	-61.02%	-42.97%	-
Accounts Receivable	1,144	1,081	947.6	856.86	670.54	543.53
Other Receivables	3.45	0.62	0.13	0.04	0.04	0.07
Receivables	1,148	1,082	947.73	856.91	670.58	543.6
Inventory	385.72	356.74	393.76	364.09	315.41	271.75
Other Current Assets	1.83	3.4	5.91	2.03	22.66	58.61
Total Current Assets	2,328	2,362	2,017	1,362	1,365	1,499
Property, Plant & Equipment	523.92	538.12	555.58	471.38	429.21	449.08
Long-Term Investments	344.07	342.05	-	386.44	381.04	7.66
Other Intangible Assets	42.3	42.68	44.17	43.94	45.28	45.91
Long-Term Deferred Tax Assets	27.82	26.86	22.47	39.46	56.56	68.4
Other Long-Term Assets	63.64	57.99	8.84	41.58	38.36	11.1
Total Assets	3,330	3,370	2,648	2,345	2,315	2,081
Accounts Payable	480.52	465.68	502.7	357.04	257.86	221.29
Accrued Expenses	15.52	46.56	42.35	33.76	22.23	23.75
Short-Term Debt	-	-	-	-	100	500
Current Portion of Long-Term Debt	2.65	2	-	-	150	297
Current Portion of Leases	-	0.92	0.65	0.77	0.74	-
Current Income Taxes Payable	6.81	9.47	0.87	-	-	-
Current Unearned Revenue	2.08	0.64	4.6	0.52	34.87	42.39
Other Current Liabilities	5.3	35.68	60.71	65.26	25.07	38.49
Total Current Liabilities	512.88	560.94	611.87	457.36	590.76	1,123
Long-Term Debt	298	298	300	300	300	130
Long-Term Leases	0.97	0.95	0.71	0.98	1.76	-
Long-Term Unearned Revenue	65.81	67.83	34.58	34.35	5.46	1.99
Long-Term Deferred Tax Liabilities	0.28	0.35	0.28	-	-	-
Total Liabilities	877.94	928.08	947.44	792.69	897.98	1,255
Common Stock	462.5	462.5	370	370	1,911	1,627
Additional Paid-In Capital	1,546	1,546	1,051	1,051	289.48	79.65
Retained Earnings	430.14	420.71	268.99	121.76	-790.31	-885.31
Comprehensive Income & Other	12.99	12.09	10.45	8.86	6.85	4.98
Shareholders' Equity	2,452	2,442	1,701	1,552	1,418	826.12
Total Liabilities & Equity	3,330	3,370	2,648	2,345	2,315	2,081
Total Debt	301.62	301.87	301.36	301.76	552.49	927
Net Cash (Debt)	491.28	617.89	368.51	-162.82	-196.12	-302.09
Net Cash Growth	-	67.67%	-	-	-	-
Net Cash Per Share	1.23	1.64	1.00	-0.44	-	-
Filing Date Shares Outstanding	462.5	462.5	370	370	-	-
Total Common Shares Outstanding	462.5	462.5	370	370	-	-
Working Capital	1,815	1,801	1,405	904.6	774.26	375.95
Book Value Per Share	5.30	5.28	4.60	4.19	-	-
Tangible Book Value	2,410	2,399	1,657	1,508	1,372	780.21
Tangible Book Value Per Share	5.21	5.19	4.48	4.08	-	-
Buildings	-	337.87	338.24	329.65	308.56	308.53
Machinery	-	845.88	840.58	649.4	632.87	620.42
Construction In Progress	-	52.79	9	71.33	18.33	2.91

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