SHA:600365 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	8.74	8.14	26.28	18.07	11.74	150.81
Trading Asset Securities	-	-	4.33	-	-	-
Cash & Short-Term Investments	8.74	8.14	30.61	18.07	11.74	150.81
Cash Growth	-74.36%	-73.40%	69.37%	53.93%	-92.22%	54.01%
Accounts Receivable	91.43	250.14	152.81	209.43	127.68	71.78
Other Receivables	14.85	11.58	14.07	17.75	12.22	202.25
Receivables	106.27	261.72	166.88	227.18	139.9	274.03
Inventory	224.91	227.41	202.75	262.77	262.01	240.6
Other Current Assets	131.88	165.45	165.59	94.69	92.72	76.72
Total Current Assets	471.8	662.72	565.82	602.72	506.37	742.16
Property, Plant & Equipment	164.55	173.89	186.49	198.13	212.73	198.8
Long-Term Investments	77.7	80.75	80.75	80.75	77.7	77.7
Goodwill	36.15	36.15	36.15	36.15	36.15	36.15
Other Intangible Assets	18.67	19.25	20.05	20.5	20.71	0.79
Long-Term Deferred Tax Assets	0.94	0.94	1.77	2.05	0.86	1.01
Long-Term Deferred Charges	0.87	1.38	1.64	2.25	2.28	3.54
Other Long-Term Assets	1.18	1.14	2.07	3.4	0.78	20.02
Total Assets	771.86	976.23	894.74	945.94	857.58	1,080
Accounts Payable	44.91	50.29	41.11	42.46	26.61	31.72
Accrued Expenses	2.25	25.05	22.74	36.9	29.95	22.82
Short-Term Debt	15	310.93	214.22	237.34	182.3	235.94
Current Portion of Long-Term Debt	-	-	2.25	9.27	8.5	-
Current Portion of Leases	1.54	2.68	3.45	4.47	3.25	-
Current Income Taxes Payable	24.7	14.3	18.73	21.35	18.84	14.73
Current Unearned Revenue	9.59	13.2	8.76	9.35	6.77	11.72
Other Current Liabilities	243.48	108.75	126.26	137.51	129.3	17.67
Total Current Liabilities	341.47	525.2	437.52	498.64	405.52	334.6
Long-Term Debt	-	-	-	3.3	5.94	-
Long-Term Leases	-	-	2.84	6.03	9.46	-
Long-Term Unearned Revenue	1.21	1.31	1.46	1.6	1.75	1.89
Long-Term Deferred Tax Liabilities	-	-	0.11	0.03	-	-
Other Long-Term Liabilities	167.59	162.09	144.71	104.19	70	70
Total Liabilities	510.27	688.6	586.64	613.78	492.66	406.49
Common Stock	451.28	427.4	427.4	425.4	400	400
Additional Paid-In Capital	451.23	404.47	394.19	365.92	314.93	547.91
Retained Earnings	-572.96	-524.39	-474.51	-401.67	-350.02	-353.78
Treasury Stock	-67.68	-19.7	-39.13	-57.66	-	-
Total Common Equity	261.87	287.78	307.95	332	364.91	594.13
Minority Interest	-0.28	-0.15	0.16	0.16	-0	79.54
Shareholders' Equity	261.59	287.63	308.1	332.15	364.91	673.67
Total Liabilities & Equity	771.86	976.23	894.74	945.94	857.58	1,080
Total Debt	16.54	313.61	222.76	260.4	209.45	235.94
Net Cash (Debt)	-7.8	-305.47	-192.16	-242.33	-197.71	-85.13
Net Cash Per Share	-0.02	-0.73	-0.45	-0.61	-0.53	-0.21
Filing Date Shares Outstanding	451.28	427.4	427.4	425.4	400	400
Total Common Shares Outstanding	451.28	427.4	427.4	425.4	400	400
Working Capital	130.32	137.53	128.3	104.08	100.85	407.56
Book Value Per Share	0.58	0.67	0.72	0.78	0.91	1.49
Tangible Book Value	207.06	232.38	251.75	275.35	308.06	557.19
Tangible Book Value Per Share	0.46	0.54	0.59	0.65	0.77	1.39
Buildings	-	261.28	261.06	260.52	259.7	243.26
Machinery	-	87.48	84.18	81.1	80.81	80.46
Construction In Progress	-	1.01	1.01	1.38	0.88	0.36

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.