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	16,645	619.55	302.72	138.93	356.37	624.91
Short-Term Investments	-	300.21	367.14	-	-	-
Cash & Short-Term Investments	16,645	919.76	669.87	138.93	356.37	624.91
Cash Growth	11880.67%	37.30%	382.15%	-61.02%	-42.97%	-
Accounts Receivable	706.75	1,081	947.6	856.86	670.54	543.53
Other Receivables	44,411	0.62	0.13	0.04	0.04	0.07
Receivables	45,118	1,082	947.73	856.91	670.58	543.6
Inventory	106,771	356.74	393.76	364.09	315.41	271.75
Other Current Assets	5,927	3.4	5.91	2.03	22.66	58.61
Total Current Assets	174,460	2,362	2,017	1,362	1,365	1,499
Property, Plant & Equipment	2,812	538.12	555.58	471.38	429.21	449.08
Long-Term Investments	32,069	342.05	-	386.44	381.04	7.66
Other Intangible Assets	14.44	42.68	44.17	43.94	45.28	45.91
Long-Term Deferred Tax Assets	2,131	26.86	22.47	39.46	56.56	68.4
Other Long-Term Assets	11,178	57.99	8.84	41.58	38.36	11.1
Total Assets	222,684	3,370	2,648	2,345	2,315	2,081
Accounts Payable	7,695	465.68	502.7	357.04	257.86	221.29
Accrued Expenses	882.33	46.56	42.35	33.76	22.23	23.75
Short-Term Debt	49	-	-	-	100	500
Current Portion of Long-Term Debt	-	2	-	-	150	297
Current Portion of Leases	-	0.92	0.65	0.77	0.74	-
Current Income Taxes Payable	-	9.47	0.87	-	-	-
Current Unearned Revenue	29,058	0.64	4.6	0.52	34.87	42.39
Other Current Liabilities	42,339	35.68	60.71	65.26	25.07	38.49
Total Current Liabilities	80,023	560.94	611.87	457.36	590.76	1,123
Long-Term Debt	93,814	298	300	300	300	130
Long-Term Leases	392.27	0.95	0.71	0.98	1.76	-
Long-Term Unearned Revenue	55.46	67.83	34.58	34.35	5.46	1.99
Long-Term Deferred Tax Liabilities	230.04	0.35	0.28	-	-	-
Total Liabilities	174,517	928.08	947.44	792.69	897.98	1,255
Common Stock	2,580	462.5	370	370	1,911	1,627
Additional Paid-In Capital	7,852	1,546	1,051	1,051	289.48	79.65
Retained Earnings	2,005	420.71	268.99	121.76	-790.31	-885.31
Comprehensive Income & Other	1.6	12.09	10.45	8.86	6.85	4.98
Shareholders' Equity	48,167	2,442	1,701	1,552	1,418	826.12
Total Liabilities & Equity	222,684	3,370	2,648	2,345	2,315	2,081
Total Debt	94,255	301.87	301.36	301.76	552.49	927
Net Cash (Debt)	-77,610	617.89	368.51	-162.82	-196.12	-302.09
Net Cash Growth	-	67.67%	-	-	-	-
Net Cash Per Share	-200.09	1.64	1.00	-0.44	-	-
Filing Date Shares Outstanding	2,456	462.5	370	370	-	-
Total Common Shares Outstanding	2,456	462.5	370	370	-	-
Working Capital	94,437	1,801	1,405	904.6	774.26	375.95
Book Value Per Share	5.06	5.28	4.60	4.19	-	-
Tangible Book Value	12,405	2,399	1,657	1,508	1,372	780.21
Tangible Book Value Per Share	5.05	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.