SHA:600671 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	11.74	65.72	97.96	42.39	22.29	7.57
Cash & Short-Term Investments	11.74	65.72	97.96	42.39	22.29	7.57
Cash Growth	-61.41%	-32.91%	131.09%	90.18%	194.31%	-70.54%
Accounts Receivable	154.26	97.97	36.96	30.99	51.83	44.35
Other Receivables	1.67	2.56	2	1.79	54.92	97.48
Receivables	155.93	100.54	38.96	32.78	106.75	141.84
Inventory	41.5	52.32	42.95	47.56	52.36	67.51
Prepaid Expenses	-	-	-	0.03	-	-
Other Current Assets	11.37	4.13	1.63	1.37	4.68	6
Total Current Assets	220.54	222.71	181.5	124.13	186.08	222.92
Property, Plant & Equipment	187.59	192.86	151.66	164.94	199.82	200.12
Goodwill	1.61	1.61	2.2	2.2	3.31	5.64
Other Intangible Assets	5.08	5.09	5.21	5.37	5.52	5.68
Long-Term Deferred Tax Assets	6.01	7.14	3.51	3.45	1.98	1.25
Long-Term Deferred Charges	8.9	12.05	2.2	2.48	5.93	6.89
Total Assets	429.73	441.46	346.29	302.57	402.65	442.51
Accounts Payable	73.54	58.35	44.71	35.92	48.97	53.46
Accrued Expenses	3.46	14.24	12.6	15.13	13.92	12.79
Short-Term Debt	156.18	128.91	102.94	105.14	108.15	113.39
Current Portion of Leases	8	13.11	4.44	3.44	1	-
Current Income Taxes Payable	6.89	10.44	3.02	0.3	0.66	0.93
Current Unearned Revenue	3.32	2.45	3.39	3.58	2.99	3.48
Other Current Liabilities	21.93	58.88	49.28	57.71	75.45	67.84
Total Current Liabilities	273.33	286.38	220.38	221.22	251.15	251.89
Long-Term Leases	9.39	10.34	7.23	7.46	4.55	-
Long-Term Unearned Revenue	48.16	52.63	58.62	65.25	78.71	91.53
Long-Term Deferred Tax Liabilities	4.08	6.14	2.97	2.65	-	-
Other Long-Term Liabilities	0.48	0.95	1.15	1.43	3.68	5.76
Total Liabilities	335.43	356.44	290.34	298.01	338.09	349.18
Common Stock	121.78	121.78	121.78	121.78	121.78	121.78
Additional Paid-In Capital	162.79	162.79	162.79	72.79	65.04	62.9
Retained Earnings	-217.97	-232.18	-247.43	-209.15	-141.63	-111.83
Total Common Equity	66.59	52.38	37.14	-14.59	45.18	72.84
Minority Interest	27.7	32.64	18.81	19.15	19.37	20.49
Shareholders' Equity	94.3	85.02	55.95	4.56	64.56	93.33
Total Liabilities & Equity	429.73	441.46	346.29	302.57	402.65	442.51
Total Debt	173.57	152.35	114.61	116.04	113.7	113.39
Net Cash (Debt)	-161.83	-86.63	-16.65	-73.65	-91.41	-105.81
Net Cash Per Share	-1.33	-0.71	-0.14	-0.60	-0.74	-0.86
Filing Date Shares Outstanding	121.78	121.78	121.78	121.78	121.78	121.78
Total Common Shares Outstanding	121.78	121.78	121.78	121.78	121.78	121.78
Working Capital	-52.79	-63.67	-38.88	-97.09	-65.08	-28.96
Book Value Per Share	0.55	0.43	0.30	-0.12	0.37	0.60
Tangible Book Value	59.9	45.68	29.72	-22.16	36.34	61.52
Tangible Book Value Per Share	0.49	0.38	0.24	-0.18	0.30	0.51
Buildings	-	107.1	107.1	107.1	117.62	117.62
Machinery	-	141.27	103.57	109	117.51	61.51
Construction In Progress	-	1.25	0.02	0.11	8.62	61.45

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