SHA:688816 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	-	81.68	213.42	180.62
Short-Term Investments	-	20.71	-	-
Trading Asset Securities	-	154.64	10.52	13.42
Cash & Short-Term Investments	204.46	257.03	223.94	194.03
Cash Growth	5.38%	14.78%	15.41%	-
Accounts Receivable	-	261.6	199.89	148.69
Other Receivables	-	1.56	0.95	1.01
Receivables	-	263.22	201.36	150.16
Inventory	-	150.91	165.38	144.61
Other Current Assets	-	5.33	2.88	5.73
Total Current Assets	-	676.5	593.56	494.53
Property, Plant & Equipment	-	12.56	17.77	22.85
Long-Term Investments	-	0.3	20.3	-
Goodwill	-	-	-	0.85
Other Intangible Assets	-	5.25	6.64	8.06
Long-Term Accounts Receivable	-	2.31	1.94	2.37
Long-Term Deferred Tax Assets	-	0.32	1.22	2.35
Long-Term Deferred Charges	-	6.03	9.05	15.2
Other Long-Term Assets	-	0.3	0.09	0.63
Total Assets	-	703.56	650.57	546.83
Accounts Payable	-	43.54	44.26	54.09
Accrued Expenses	-	37.51	37.58	28.29
Short-Term Debt	-	5.42	10.06	9.98
Current Unearned Revenue	-	124.01	151.43	126.54
Other Current Liabilities	-	16.53	20.42	17.71
Total Current Liabilities	-	227.02	263.75	236.61
Long-Term Leases	-	-	-	6.73
Long-Term Unearned Revenue	-	1.64	4.67	6.1
Long-Term Deferred Tax Liabilities	-	1.96	3.07	4.47
Total Liabilities	-	230.63	271.49	253.9
Common Stock	-	75	75	5.63
Additional Paid-In Capital	-	319.03	310.4	290.98
Retained Earnings	-	82.95	-2.51	-2.2
Comprehensive Income & Other	-	0.48	1.09	0.24
Total Common Equity	468.83	477.47	383.98	294.65
Minority Interest	-	-4.53	-4.9	-1.73
Shareholders' Equity	462.91	472.93	379.08	292.92
Total Liabilities & Equity	-	703.56	650.57	546.83
Total Debt	20.91	5.42	10.06	16.72
Net Cash (Debt)	183.55	251.61	213.88	177.32
Net Cash Growth	3.52%	17.64%	20.62%	-
Net Cash Per Share	2.45	3.36	2.84	-
Filing Date Shares Outstanding	75	75	75.36	-
Total Common Shares Outstanding	75	75	75.36	-
Working Capital	-	449.47	329.81	257.93
Book Value Per Share	6.25	6.37	5.10	-
Tangible Book Value	464.21	472.22	377.34	285.75
Tangible Book Value Per Share	6.19	6.30	5.01	-
Machinery	-	33.53	31.57	29.2
Construction In Progress	-	0.95	-	0.03

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