SHA:688411 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	3,031	3,035	3,319	2,568	869.92	96.56
Trading Asset Securities	289	-	-	-	2	6
Cash & Short-Term Investments	3,320	3,035	3,319	2,568	871.92	102.56
Cash Growth	95.51%	-8.58%	29.25%	194.53%	750.20%	-
Accounts Receivable	6,904	4,907	2,276	769.25	345.25	270.15
Other Receivables	236.46	4.36	4.04	25.53	20.53	66.61
Receivables	7,140	4,912	2,280	794.77	365.78	336.75
Inventory	1,474	1,421	2,442	2,310	843.82	250.8
Other Current Assets	492.83	305.54	219.64	233.41	167.83	129.63
Total Current Assets	12,426	9,673	8,261	5,907	2,249	819.74
Property, Plant & Equipment	635.85	488.09	275.31	126.38	220.59	197
Long-Term Investments	457.1	431.52	375.99	370.41	196.68	122.47
Other Intangible Assets	69.56	70.85	36.43	8.29	10.76	12.32
Long-Term Accounts Receivable	-	0.54	1.59	2.48	3.25	9.9
Long-Term Deferred Tax Assets	339.18	203.35	190.62	51.47	64.38	27.8
Long-Term Deferred Charges	56.7	50.41	26.26	15.78	14.48	11.16
Other Long-Term Assets	136.5	53.64	65.75	70.6	69.3	97.55
Total Assets	14,121	10,972	9,233	6,552	2,829	1,298
Accounts Payable	7,289	5,594	4,838	3,234	742.44	264.17
Accrued Expenses	71.72	101.88	110.6	35.01	21.67	10.66
Short-Term Debt	844.41	989.28	534.12	233.69	233.87	267.21
Current Portion of Long-Term Debt	-	-	-	-	0.68	20.5
Current Portion of Leases	41.14	33.76	22.18	13.36	11.45	-
Current Income Taxes Payable	61.09	46.04	105.53	21.79	1.11	0.09
Current Unearned Revenue	386.21	544.8	786.71	1,152	123.3	34.87
Other Current Liabilities	661.94	277.26	262.15	117.27	84.41	93.34
Total Current Liabilities	9,356	7,587	6,660	4,807	1,219	690.85
Long-Term Debt	-	-	-	-	-	0.68
Long-Term Leases	90.12	104.19	60.64	28.21	37.82	-
Long-Term Unearned Revenue	24.41	8.15	14.12	6.25	52.37	2.72
Other Long-Term Liabilities	155.33	124.64	108.89	44.97	35.9	43.25
Total Liabilities	9,627	7,824	6,843	4,886	1,345	737.49
Common Stock	180.09	133.3	133.3	133.3	133.3	114.22
Additional Paid-In Capital	2,605	1,737	1,628	1,487	1,460	581.37
Retained Earnings	1,696	1,271	623.19	45.08	-132.19	-143.45
Total Common Equity	4,481	3,141	2,385	1,666	1,461	552.15
Minority Interest	14.16	5.84	4.74	-	23.14	8.31
Shareholders' Equity	4,495	3,147	2,390	1,666	1,484	560.45
Total Liabilities & Equity	14,121	10,972	9,233	6,552	2,829	1,298
Total Debt	975.67	1,127	616.94	275.26	283.82	288.39
Net Cash (Debt)	2,344	1,907	2,702	2,293	588.1	-185.83
Net Cash Growth	336.83%	-29.42%	17.86%	289.86%	-	-
Net Cash Per Share	14.08	13.98	20.01	17.20	4.70	-1.55
Filing Date Shares Outstanding	180.09	177.73	133.3	133.3	125.12	119.74
Total Common Shares Outstanding	180.09	133.3	133.3	133.3	125.12	119.74
Working Capital	3,071	2,086	1,601	1,100	1,030	128.9
Book Value Per Share	24.88	23.57	17.89	12.50	11.67	4.61
Tangible Book Value	4,411	3,070	2,348	1,657	1,450	539.83
Tangible Book Value Per Share	24.49	23.03	17.62	12.43	11.59	4.51
Buildings	-	84.41	84.41	-	-	-
Machinery	-	330.23	254.97	401.98	437.88	395.57
Construction In Progress	-	50.88	38.81	-	0.64	-

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