MeHow Innovative 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,467	1,252	1,708	1,230	419.87	532.98
Trading Asset Securities	150.41	491.73	15.83	525.64	13.9	2.46
Cash & Short-Term Investments	1,618	1,744	1,724	1,756	433.77	535.44
Cash Growth	-6.35%	1.16%	-1.82%	304.83%	-18.99%	-7.47%
Accounts Receivable	419.96	352.04	228.02	203.92	217.91	146.89
Other Receivables	7.98	5.3	3.17	2.52	4.68	5.01
Receivables	427.94	357.33	231.19	206.44	222.6	151.9
Inventory	378.34	329.5	374.74	433.46	314.32	136.88
Other Current Assets	17.69	29.69	29.01	29.02	79.71	26.52
Total Current Assets	2,442	2,461	2,359	2,425	1,050	850.75
Property, Plant & Equipment	1,605	1,349	1,045	866.3	744.52	459.38
Other Intangible Assets	98.33	81.51	79.72	81.37	82.39	85.76
Long-Term Deferred Tax Assets	17.68	12.76	4.38	6.91	9.63	1.96
Long-Term Deferred Charges	0.56	0.9	3.86	5.43	0.14	1.59
Other Long-Term Assets	16.13	17.29	30.9	3.47	14.09	1.79
Total Assets	4,179	3,922	3,523	3,388	1,901	1,401
Accounts Payable	208.33	216.08	137.69	182.68	232.04	67.39
Accrued Expenses	53.16	60.03	53.2	46.7	32.52	34.51
Short-Term Debt	52.5	-	-	-	30.03	-
Current Portion of Leases	6.36	6.12	6.52	5.96	10.25	-
Current Income Taxes Payable	18.29	8.23	3.53	3.09	13.13	0.18
Current Unearned Revenue	62.52	78.74	67.52	61.95	55.07	21.03
Other Current Liabilities	2.68	3.16	3.86	6.9	2.15	93.54
Total Current Liabilities	403.85	372.36	272.31	307.27	375.19	216.65
Long-Term Debt	-	-	-	-	82.09	-
Long-Term Leases	4.56	9.17	11.61	3.93	7.66	-
Long-Term Unearned Revenue	24.19	26.42	29.87	29.2	28.74	4.47
Long-Term Deferred Tax Liabilities	44.92	34.01	27.19	26.66	15.75	12.91
Total Liabilities	477.53	441.96	340.98	367.07	509.44	234.03
Common Stock	568.87	406.66	406.66	406.66	362.39	362.39
Additional Paid-In Capital	1,474	1,624	1,597	1,597	416.52	416.52
Retained Earnings	1,665	1,497	1,198	1,027	625.1	387.48
Treasury Stock	-29.43	-50.1	-	-	-	-
Comprehensive Income & Other	23.7	1.83	-19.57	-9.51	-12.27	0.81
Shareholders' Equity	3,702	3,480	3,182	3,021	1,392	1,167
Total Liabilities & Equity	4,179	3,922	3,523	3,388	1,901	1,401
Total Debt	63.42	15.29	18.13	9.88	130.04	-
Net Cash (Debt)	1,554	1,729	1,706	1,746	303.74	535.44
Net Cash Growth	-9.35%	1.33%	-2.30%	474.90%	-43.27%	-3.33%
Net Cash Per Share	2.78	3.06	2.99	3.35	0.60	1.06
Filing Date Shares Outstanding	566.7	566.01	569.32	569.32	507.35	507.35
Total Common Shares Outstanding	566.7	566.01	569.32	569.32	507.35	507.35
Working Capital	2,038	2,088	2,087	2,118	675.21	634.1
Book Value Per Share	6.53	6.15	5.59	5.31	2.74	2.30
Tangible Book Value	3,604	3,398	3,103	2,940	1,309	1,081
Tangible Book Value Per Share	6.36	6.00	5.45	5.16	2.58	2.13
Land	-	1.78	1.69	1.73	1.68	1.78
Buildings	-	613.88	599.57	542.32	94.84	60.32
Machinery	-	597.75	523.6	457.95	304.26	234.34
Construction In Progress	-	463.31	161.66	39.62	456.66	268.23

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