SHA:688783 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	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
Cash & Equivalents	2,180	3,350	2,171	5,748	1,679
Cash & Short-Term Investments	2,481	3,350	2,171	5,748	1,679
Cash Growth	47.70%	54.33%	-62.23%	242.23%	-
Accounts Receivable	576.01	632.44	351.58	392.34	94.51
Other Receivables	2.55	27.38	11.52	7.97	12.5
Receivables	578.56	659.82	363.09	400.31	107.01
Inventory	1,335	1,110	943.67	654.72	183.03
Other Current Assets	174.15	55.06	239.27	100.15	48.25
Total Current Assets	4,568	5,175	3,717	6,903	2,018
Property, Plant & Equipment	11,759	11,442	10,871	7,702	4,045
Long-Term Investments	230.81	161.51	187.65	-	-
Other Intangible Assets	222.47	228.52	197.85	164.46	165.42
Long-Term Deferred Charges	60.94	63.76	42.26	-	-
Other Long-Term Assets	489.59	350.91	481.72	578.75	1,010
Total Assets	17,331	17,422	15,498	15,348	7,238
Accounts Payable	701.12	661.01	219.2	245.71	59.78
Accrued Expenses	36.78	71.77	63.69	59.99	39.82
Short-Term Debt	16.76	-	76.24	118.38	-
Current Portion of Long-Term Debt	1,719	941.58	369.33	272.25	-
Current Income Taxes Payable	7.01	12.16	9.25	12.67	8.62
Current Unearned Revenue	0.7	1.42	0.42	0.78	0.16
Other Current Liabilities	871.24	1,057	1,517	1,155	657.51
Total Current Liabilities	3,352	2,745	2,255	1,865	765.9
Long-Term Debt	5,623	5,868	3,734	1,701	-
Long-Term Leases	170.68	176.64	185.33	3.49	0.04
Long-Term Unearned Revenue	107.12	118.06	99.71	59.32	40.54
Other Long-Term Liabilities	-	-0	-0	-	-
Total Liabilities	9,253	8,907	6,274	3,629	806.48
Common Stock	3,500	3,500	3,500	2.24	1.15
Additional Paid-In Capital	7,021	6,981	6,927	10,358	4,179
Retained Earnings	-2,485	-1,928	-1,190	-971.47	-559.65
Comprehensive Income & Other	42.1	-38.79	-13.55	0	0
Total Common Equity	8,078	8,515	9,224	9,389	3,620
Minority Interest	-	-	-	2,329	2,812
Shareholders' Equity	8,078	8,515	9,224	11,719	6,432
Total Liabilities & Equity	17,331	17,422	15,498	15,348	7,238
Total Debt	7,529	6,986	4,365	2,096	0.04
Net Cash (Debt)	-5,049	-3,636	-2,194	3,652	1,679
Net Cash Growth	-	-	-	117.45%	-
Net Cash Per Share	-1.43	-1.04	-0.65	-	-
Filing Date Shares Outstanding	3,500	3,500	3,500	-	-
Total Common Shares Outstanding	3,500	3,500	3,500	-	-
Working Capital	1,216	2,430	1,462	5,038	1,252
Book Value Per Share	2.31	2.43	2.64	-	-
Tangible Book Value	7,856	8,286	9,026	9,225	3,455
Tangible Book Value Per Share	2.24	2.37	2.58	-	-
Buildings	-	1,920	1,040	1,039	990.68
Machinery	-	10,867	8,029	6,499	2,766
Construction In Progress	-	887.22	3,096	888.63	563.82

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