SHA:600212 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	345.39	333.83	487.19	41.67	27.1	52.31
Short-Term Investments	-	18.85	7.44	-	-	-
Trading Asset Securities	-	-	-	-	-	33.04
Accounts Receivable	1,069	719.86	403.67	198.25	80.79	25.65
Other Receivables	61.59	0.83	7.62	45.63	25.82	20.85
Inventory	291.63	173.59	127.04	76.19	2.1	3.72
Prepaid Expenses	-	0.13	0.01	-	-	-
Other Current Assets	106.05	11.03	12.2	13.07	1.27	1
Total Current Assets	1,874	1,258	1,045	374.81	137.08	136.56
Property, Plant & Equipment	93.13	94.12	86.52	81.52	131.7	125.18
Goodwill	76.87	76.87	50.59	50.59	-	-
Other Intangible Assets	29.04	28.59	27	28.64	23.38	24.89
Long-Term Investments	4	4.88	1.88	0.88	-	-
Long-Term Deferred Tax Assets	29.81	19.74	8.54	1.58	-	-
Long-Term Deferred Charges	13.07	17.01	21.43	13.14	1.46	2.61
Long-Term Accounts Receivable	-	14.55	-	-	-	-
Other Long-Term Assets	52.42	51.91	52.3	0.12	20	9.07
Total Assets	2,172	1,566	1,293	551.29	313.62	298.31
Accounts Payable	1,055	547.11	392.01	179.62	3.39	5.6
Accrued Expenses	45.24	73.36	42.72	44.9	36.05	31.45
Short-Term Debt	196.91	70.1	10.02	12	-	-
Current Unearned Revenue	53.13	31.33	16.5	5.44	0.51	0.37
Current Portion of Leases	-	4.82	3.52	5.73	0.46	-
Current Income Taxes Payable	-	6.75	1.85	1.21	-	-
Other Current Liabilities	184.52	258.17	191.43	134.62	1.33	5.09
Total Current Liabilities	1,535	991.64	658.05	383.52	41.74	42.5
Long-Term Leases	15.37	15.02	13.82	7.7	3.09	-
Long-Term Unearned Revenue	12.95	13.33	13.84	14.35	14.85	2.93
Long-Term Deferred Tax Liabilities	3.28	3.31	2.99	1.02	-	-
Other Long-Term Liabilities	16.07	8.32	5.47	4.32	20.85	0.44
Total Liabilities	1,610	1,032	694.18	410.9	80.53	45.87
Common Stock	704.27	704.52	696.65	511.7	511.7	511.7
Additional Paid-In Capital	935.36	914.61	861.66	467.83	467.83	467.83
Retained Earnings	-803.55	-816.93	-830.98	-848.4	-751.86	-731.78
Treasury Stock	-309.9	-301.12	-138.07	-	-	-
Comprehensive Income & Other	13.4	7.9	7.36	6.13	5.42	4.7
Total Common Equity	539.57	508.97	596.62	137.26	233.09	252.45
Minority Interest	23.23	25.16	2.65	3.13	-	-
Shareholders' Equity	562.81	534.14	599.26	140.39	233.09	252.45
Total Liabilities & Equity	2,172	1,566	1,293	551.29	313.62	298.31
Total Debt	238.95	89.94	27.37	25.43	3.55	-
Net Cash (Debt)	106.44	262.73	467.26	16.24	23.55	85.34
Net Cash Growth	-59.73%	-43.77%	2776.63%	-31.03%	-72.40%	18.27%
Net Cash Per Share	0.16	0.39	0.83	0.03	0.05	0.17
Filing Date Shares Outstanding	682	683.67	666.67	511.7	511.7	511.7
Total Common Shares Outstanding	682	683.67	666.67	511.7	511.7	511.7
Working Capital	338.81	266.46	387.13	-8.7	95.34	94.06
Book Value Per Share	0.79	0.74	0.89	0.27	0.46	0.49
Tangible Book Value	433.66	403.51	519.03	58.03	209.72	227.55
Tangible Book Value Per Share	0.64	0.59	0.78	0.11	0.41	0.44
Buildings	-	85.35	85.35	85.35	192.49	176.38
Machinery	-	89.25	69.84	59.43	202.87	201.81
Construction In Progress	-	0.15	0.15	0.28	-	4.1

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