SHA:688787 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	113.77	55.72	38.69	73.2	277.7	40.26
Trading Asset Securities	179.11	271.89	363.26	400.95	418.01	331.09
Cash & Short-Term Investments	292.88	327.61	401.95	474.15	695.71	371.35
Cash Growth	-17.00%	-18.50%	-15.23%	-31.85%	87.35%	16.31%
Accounts Receivable	146.61	87.57	94.26	106.15	95.3	64.16
Other Receivables	4.69	1.94	3.16	2.52	2.85	1.84
Receivables	151.3	89.51	97.43	108.68	98.15	65.99
Inventory	35.04	23	4.54	4.62	8.55	3.13
Prepaid Expenses	-	1	0.04	1.07	-	-
Other Current Assets	4.31	5.4	20.04	7.59	6.51	11.25
Total Current Assets	483.53	446.52	524.01	596.1	808.92	451.73
Property, Plant & Equipment	298.74	307.03	275.74	273.82	26.34	23.57
Long-Term Investments	17.21	10.21	3.88	-	-	-
Other Intangible Assets	6.17	7.9	5.85	3.52	4.42	1.16
Long-Term Deferred Tax Assets	19.25	15.31	14.68	2.7	0.72	0.38
Long-Term Deferred Charges	1.15	1.31	0.35	0.79	0.26	0.51
Other Long-Term Assets	21	20.18	-	-	-	-
Total Assets	847.06	808.46	824.51	876.93	840.66	477.35
Accounts Payable	50.9	-	-	-	-	-
Accrued Expenses	6.36	42.82	23.93	37.96	27.74	21.34
Current Portion of Leases	4.26	2.86	2.75	-	0.91	-
Current Income Taxes Payable	4.69	-	-	0.01	-	2.62
Current Unearned Revenue	13.85	13.94	7.4	5.74	5.29	14.96
Other Current Liabilities	14.77	3.42	1.45	3.04	0.82	0.48
Total Current Liabilities	97.84	63.04	35.53	46.76	34.75	39.39
Long-Term Leases	0.99	2.16	5.03	-	-	-
Long-Term Deferred Tax Liabilities	-	-	1.66	0.65	-	-
Total Liabilities	116.34	65.2	42.21	47.4	34.75	39.39
Common Stock	60.33	60.33	60.33	42.8	42.8	32.1
Additional Paid-In Capital	501.76	507.87	508.34	516.76	511.87	186.21
Retained Earnings	208.27	225.04	213.7	269.94	251.19	219.58
Treasury Stock	-39.3	-50	-	-	-	-
Comprehensive Income & Other	-0.48	0.06	-0.07	0.02	0.06	0.07
Total Common Equity	730.56	743.28	782.29	829.52	805.91	437.96
Minority Interest	0.16	-0.02	-	-	-	-
Shareholders' Equity	730.73	743.27	782.29	829.52	805.91	437.96
Total Liabilities & Equity	847.06	808.46	824.51	876.93	840.66	477.35
Total Debt	8.25	5.03	7.77	-	0.91	-
Net Cash (Debt)	284.63	322.58	394.18	474.15	694.8	371.35
Net Cash Growth	-17.99%	-18.16%	-16.87%	-31.76%	87.10%	16.31%
Net Cash Per Share	4.99	5.41	6.49	7.89	13.97	8.27
Filing Date Shares Outstanding	59.86	59.86	60.33	59.92	59.92	44.94
Total Common Shares Outstanding	59.86	59.86	60.33	59.92	59.92	44.94
Working Capital	385.7	383.48	488.48	549.34	774.17	412.33
Book Value Per Share	12.20	12.42	12.97	13.84	13.45	9.75
Tangible Book Value	724.39	735.38	776.44	826	801.49	436.8
Tangible Book Value Per Share	12.10	12.29	12.87	13.79	13.38	9.72
Buildings	-	265.18	265.18	265.18	21.02	21.02
Machinery	-	27.97	26.96	20.9	13.13	10.23
Construction In Progress	-	46.11	-	-	-	-

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