SHA:603004 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	640.39	645.05	1,195	273.25	231.76	188.41
Trading Asset Securities	489.11	388.22	-	-	-	-
Cash & Short-Term Investments	1,130	1,033	1,195	273.25	231.76	188.41
Cash Growth	22.77%	-13.54%	337.34%	17.90%	23.00%	74.92%
Accounts Receivable	130.39	133.72	137.96	152.23	110.45	112.19
Other Receivables	6.89	10.56	8.1	7.11	6.69	13.33
Receivables	137.28	144.27	146.06	159.34	117.13	125.52
Inventory	242.92	280.71	251.5	216.76	192.37	204.41
Other Current Assets	7	6.27	8.18	10.85	14.69	5.99
Total Current Assets	1,517	1,465	1,601	660.2	555.95	524.33
Property, Plant & Equipment	491.19	488.5	431.94	356.36	328.87	230.47
Other Intangible Assets	66.44	67.63	69.39	71.08	72.29	36.12
Long-Term Deferred Tax Assets	24.56	20.58	21.51	21.68	9.75	9.78
Long-Term Deferred Charges	4.91	5.73	4.12	4.65	3.4	2.04
Other Long-Term Assets	136	134.2	1.81	3.76	0.2	14.09
Total Assets	2,240	2,181	2,130	1,118	970.45	816.82
Accounts Payable	85.3	113.51	98.01	115.56	108.41	72.73
Accrued Expenses	13.1	22.69	19.9	22.87	18.57	16.15
Short-Term Debt	30.3	16	7.01	53.6	84.9	87.12
Current Portion of Long-Term Debt	-	-	1.13	-	9.91	-
Current Portion of Leases	3.57	3.12	1.47	0.63	1.13	-
Current Income Taxes Payable	9.76	13.14	11.97	13.66	5.36	8.44
Current Unearned Revenue	2.64	2.38	3.48	7.93	4.36	4.5
Other Current Liabilities	7.21	6.15	16.15	31.65	24.25	9.17
Total Current Liabilities	151.9	176.99	159.11	245.9	256.9	198.11
Long-Term Debt	-	-	52.46	-	-	-
Long-Term Leases	5.74	2.36	0.96	0.52	0.47	-
Long-Term Unearned Revenue	9.6	6.48	6.98	4.26	2.98	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.01
Total Liabilities	167.24	185.82	219.52	250.67	260.35	198.12
Common Stock	235.52	235.52	235.52	176.64	176.64	176.64
Additional Paid-In Capital	1,219	1,219	1,233	421.61	418.36	415.27
Retained Earnings	603.54	530.5	419.36	245.29	94.63	-0.4
Comprehensive Income & Other	12.47	9.54	8.95	7.76	5.54	6.23
Total Common Equity	2,071	1,994	1,897	851.31	695.17	597.74
Minority Interest	1.62	1.15	13.01	15.75	14.93	20.96
Shareholders' Equity	2,073	1,995	1,910	867.06	710.1	618.7
Total Liabilities & Equity	2,240	2,181	2,130	1,118	970.45	816.82
Total Debt	39.61	21.48	63.02	54.74	96.41	87.12
Net Cash (Debt)	1,090	1,012	1,132	218.51	135.34	101.29
Net Cash Growth	19.39%	-10.62%	418.07%	61.45%	33.62%	130.84%
Net Cash Per Share	4.59	4.27	6.44	1.23	0.77	0.57
Filing Date Shares Outstanding	235.52	235.52	235.52	176.64	176.64	176.64
Total Common Shares Outstanding	235.52	235.52	235.52	176.64	176.64	176.64
Working Capital	1,365	1,288	1,442	414.31	299.05	326.22
Book Value Per Share	8.79	8.47	8.05	4.82	3.94	3.38
Tangible Book Value	2,005	1,927	1,828	780.23	622.88	561.62
Tangible Book Value Per Share	8.51	8.18	7.76	4.42	3.53	3.18
Buildings	-	208.47	143.99	143.16	95.6	96.32
Machinery	-	308.74	295.26	287.29	201.48	204.75
Construction In Progress	-	173.27	164.79	69.48	156.17	46.53

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