SHA:688776 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	284.37	456.39	980.26	989.94	1,096	151.81
Short-Term Investments	-	540.91	-	-	-	-
Cash & Short-Term Investments	284.37	997.3	980.26	989.94	1,096	151.81
Cash Growth	-68.06%	1.74%	-0.98%	-9.65%	621.78%	13.36%
Accounts Receivable	854.81	835.47	862.01	771.58	555.59	375.93
Other Receivables	4.69	3.98	2.82	2.3	2.45	1.53
Receivables	859.5	839.45	864.83	773.88	558.05	377.46
Inventory	272.72	241.63	245.43	248.93	195.41	163.68
Other Current Assets	552.65	6.75	5.33	11.68	3.24	6.75
Total Current Assets	1,969	2,085	2,096	2,024	1,852	699.69
Property, Plant & Equipment	373.14	320.48	218.77	165.32	135.79	146.03
Long-Term Investments	0.6	3	-	-	-	-
Other Intangible Assets	9.96	10.98	6.74	6.83	6.78	6.98
Long-Term Deferred Tax Assets	25.96	20.54	18.84	15.78	10.42	9.48
Long-Term Deferred Charges	0.59	1.36	2.43	3.94	5.44	1.86
Other Long-Term Assets	34.29	6.76	21.77	32.39	7.54	7.35
Total Assets	2,414	2,448	2,364	2,249	2,018	871.38
Accounts Payable	452.76	424.47	358.61	317.08	187.48	107.95
Accrued Expenses	9.16	14.93	23.14	17.61	25.62	23.07
Short-Term Debt	-	-	-	30.03	30.04	30
Current Portion of Leases	0.63	0.97	0.44	0.97	0.52	-
Current Income Taxes Payable	3.07	2.12	7.93	1.78	13.76	15.22
Current Unearned Revenue	14.94	16.56	21.67	18.58	23.97	32.14
Other Current Liabilities	3.6	26.09	5.94	8.08	4.89	4.59
Total Current Liabilities	484.16	485.14	417.73	394.12	286.28	212.97
Long-Term Leases	0.31	0.38	0.74	1.08	0.54	-
Long-Term Unearned Revenue	7.69	7.69	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	2.8	3.42	-	-
Other Long-Term Liabilities	106.21	106.21	106.21	106.21	106.21	106.21
Total Liabilities	598.37	599.42	527.47	504.83	393.04	319.18
Common Stock	108.38	108.38	108.38	77.42	77.42	58.06
Additional Paid-In Capital	1,203	1,198	1,193	1,223	1,223	336.69
Retained Earnings	490.27	530.27	524.95	434.59	318.53	153.58
Comprehensive Income & Other	13.29	12.67	11.08	8.35	5.93	3.88
Total Common Equity	1,815	1,849	1,837	1,744	1,625	552.2
Shareholders' Equity	1,815	1,849	1,837	1,744	1,625	552.2
Total Liabilities & Equity	2,414	2,448	2,364	2,249	2,018	871.38
Total Debt	0.94	1.35	1.18	32.08	31.11	30
Net Cash (Debt)	283.43	995.95	979.09	957.86	1,065	121.81
Net Cash Growth	-68.11%	1.72%	2.22%	-10.03%	774.01%	-9.04%
Net Cash Per Share	2.59	9.10	8.99	8.83	11.80	1.50
Filing Date Shares Outstanding	108.38	108.38	108.38	108.38	108.38	81.29
Total Common Shares Outstanding	108.38	108.38	108.38	108.38	108.38	81.29
Working Capital	1,485	1,600	1,678	1,630	1,566	486.72
Book Value Per Share	16.75	17.06	16.95	16.09	15.00	6.79
Tangible Book Value	1,805	1,838	1,830	1,737	1,619	545.22
Tangible Book Value Per Share	16.66	16.96	16.89	16.03	14.93	6.71
Buildings	-	193.99	184.73	184.87	184.87	186.46
Machinery	-	250.69	246.6	233.44	212.39	226.77
Construction In Progress	-	166.34	66.32	11.99	2.6	0.1

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.