SHA:688786 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	144.06	91.19	185.81	336.21	221.04	19.02
Trading Asset Securities	27.05	10	3.21	0.03	90.68	-
Cash & Short-Term Investments	171.11	101.19	189.02	336.23	311.72	19.02
Cash Growth	75.65%	-46.46%	-43.79%	7.86%	1539.10%	-47.94%
Accounts Receivable	155.55	139.41	112.33	116.44	160.51	136.72
Other Receivables	1.32	14.82	7.69	5.45	0.72	2.77
Receivables	156.87	154.23	120.02	121.89	161.23	139.49
Inventory	100.29	103.57	104.86	91.61	76.5	49.53
Other Current Assets	23.36	5.19	4.23	4.63	2.9	9.01
Total Current Assets	451.62	364.18	418.13	554.36	552.35	217.05
Property, Plant & Equipment	526.87	460.54	376.29	288.28	146.07	133.42
Long-Term Investments	9.07	8.84	16.81	2	-	-
Goodwill	0.51	0.51	0.98	1.87	1.87	1.87
Other Intangible Assets	50.59	51.92	26.24	23.92	33.1	33.65
Long-Term Deferred Tax Assets	3.11	3.05	2.96	2.6	2.36	2.16
Long-Term Deferred Charges	0.32	0.41	0.08	0.05	0.1	0.09
Other Long-Term Assets	15.52	18.26	34.13	9.68	16.56	3.53
Total Assets	1,058	907.71	875.61	882.76	752.42	391.77
Accounts Payable	103.05	18.77	18.42	57.98	24.75	4.46
Accrued Expenses	8.81	15.54	14.73	18.85	15.25	11.04
Short-Term Debt	4.45	-	0.81	4	-	-
Current Portion of Long-Term Debt	44.34	36.07	23.33	0.8	-	-
Current Portion of Leases	-	0.24	0.15	0.22	0.4	-
Current Income Taxes Payable	9.35	2.96	4.22	2.11	8.91	1.95
Current Unearned Revenue	4.38	0.3	1.43	0.77	1.72	0.43
Other Current Liabilities	35	60.33	40.3	63.33	28.67	32.45
Total Current Liabilities	209.38	134.21	103.39	148.06	79.7	50.33
Long-Term Debt	81.8	42.16	49.05	52.07	47.07	20.03
Long-Term Leases	0.33	0.51	0.09	0.11	0.33	-
Long-Term Unearned Revenue	9.21	8.99	7.36	8.07	7.73	7.6
Long-Term Deferred Tax Liabilities	4.62	5.15	5.91	6.26	2.86	3.18
Other Long-Term Liabilities	-	-	0.04	-	-	-
Total Liabilities	305.35	191.01	165.83	214.57	137.69	81.13
Common Stock	143.8	119.83	85.6	85.44	85.44	64.08
Additional Paid-In Capital	301.92	322.46	366.1	352.72	348.28	156.38
Retained Earnings	300.71	269.25	250.32	221.77	173.41	84.79
Comprehensive Income & Other	0.19	-0.81	-0.68	-0.77	-0.87	0.24
Total Common Equity	746.62	710.74	701.34	659.16	606.26	305.49
Minority Interest	5.65	5.96	8.44	9.02	8.47	5.15
Shareholders' Equity	752.27	716.71	709.78	668.18	614.73	310.64
Total Liabilities & Equity	1,058	907.71	875.61	882.76	752.42	391.77
Total Debt	130.93	78.98	73.44	57.2	47.79	20.03
Net Cash (Debt)	40.18	22.21	115.57	279.03	263.93	-1.01
Net Cash Growth	2.84%	-80.78%	-58.58%	5.72%	-	-
Net Cash Per Share	0.28	0.16	0.81	1.95	2.21	-0.01
Filing Date Shares Outstanding	143.8	143.8	143.8	143.54	143.54	107.66
Total Common Shares Outstanding	143.8	143.8	143.8	143.54	143.54	107.66
Working Capital	242.24	229.97	314.74	406.3	472.65	166.72
Book Value Per Share	5.19	4.94	4.88	4.59	4.22	2.84
Tangible Book Value	695.52	658.31	674.13	633.38	571.29	269.97
Tangible Book Value Per Share	4.84	4.58	4.69	4.41	3.98	2.51
Buildings	-	252.74	155.07	65.19	57.78	42.74
Machinery	-	286.64	261.23	168.03	153.21	116.74
Construction In Progress	-	66.82	80.38	160.32	28.01	58.44

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