SHA:688708 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	254.79	1,927	591.59	336.35	331.02
Cash & Short-Term Investments	685.86	1,927	591.59	336.35	331.02
Cash Growth	-18.52%	225.80%	75.88%	1.61%	-
Accounts Receivable	1,150	1,093	929.36	639.97	335.22
Other Receivables	0.65	1.33	6.78	1.21	1.01
Receivables	1,151	1,094	936.14	641.18	336.23
Inventory	250.27	114.7	78.44	96.55	49.28
Other Current Assets	151.13	4.43	5.44	9.21	7.02
Total Current Assets	2,238	3,140	1,612	1,083	723.55
Property, Plant & Equipment	489.78	472.3	332.15	270.85	109.09
Other Intangible Assets	22.22	22.06	23.83	24.33	11.95
Long-Term Deferred Tax Assets	12.92	10.48	8.99	6.22	3.27
Other Long-Term Assets	1,036	3.91	0.42	14.03	3.78
Total Assets	3,799	3,649	1,977	1,399	851.64
Accounts Payable	360.79	305.27	161.95	101.41	23.1
Accrued Expenses	23.01	31.4	37	45.54	49.91
Current Portion of Leases	-	0.16	-	-	0.1
Current Income Taxes Payable	50.97	31.34	31.77	52.38	41.89
Current Unearned Revenue	17.15	2.25	2.97	4.16	2.18
Other Current Liabilities	9.35	33.52	12.65	13.08	16.02
Total Current Liabilities	461.26	403.94	246.33	216.56	133.19
Long-Term Leases	-	0.01	-	-	-
Long-Term Unearned Revenue	33.24	35.31	37.65	52.06	33.2
Long-Term Deferred Tax Liabilities	-	-	3.19	3.97	-
Other Long-Term Liabilities	-	-	-	-0	-
Total Liabilities	494.5	439.27	287.17	272.59	166.39
Common Stock	400.01	400.01	360	360	360
Additional Paid-In Capital	1,135	1,128	164.91	164.91	164.91
Retained Earnings	1,771	1,682	1,165	601.23	160.34
Comprehensive Income & Other	-	-	-	-	0
Shareholders' Equity	3,305	3,210	1,690	1,126	685.25
Total Liabilities & Equity	3,799	3,649	1,977	1,399	851.64
Total Debt	-	0.18	-	-	0.1
Net Cash (Debt)	685.86	1,927	591.59	336.35	330.92
Net Cash Growth	-18.50%	225.77%	75.88%	1.64%	-
Net Cash Per Share	1.74	5.30	1.64	0.93	0.91
Filing Date Shares Outstanding	400.01	400.01	360	361.26	363.42
Total Common Shares Outstanding	400.01	400.01	360	361.26	363.42
Working Capital	1,777	2,736	1,365	866.74	590.36
Book Value Per Share	8.27	8.02	4.69	3.12	1.89
Tangible Book Value	3,284	3,188	1,666	1,102	673.3
Tangible Book Value Per Share	8.21	7.97	4.63	3.05	1.85
Buildings	-	164.32	126.45	81.71	80.97
Machinery	-	186.11	142.11	78.25	56
Construction In Progress	-	228.68	134.78	157.46	2.21

Source: S&P Capital IQ. Standard template. Financial Sources.