SHA:603014 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
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
Cash & Equivalents	1,635	823.69	649.62	595.98	330.38
Trading Asset Securities	981.22	330.13	70.11	-	2.29
Cash & Short-Term Investments	2,616	1,154	719.73	595.98	332.66
Cash Growth	263.47%	60.31%	20.77%	79.15%	-
Accounts Receivable	930.99	934.83	929.83	1,098	919.83
Other Receivables	9.94	2.31	7.23	3.37	70.36
Receivables	940.93	937.15	937.07	1,101	990.19
Inventory	819.73	757.07	900.14	661.07	561.22
Other Current Assets	137.87	128.54	95.66	81.56	98.66
Total Current Assets	4,515	2,977	2,653	2,440	1,983
Property, Plant & Equipment	3,334	3,384	3,330	3,354	3,219
Long-Term Investments	166.78	142.86	170.8	126.74	104.55
Other Intangible Assets	289.54	295.66	302.79	297.79	305.92
Long-Term Accounts Receivable	-	0.15	0.29	0.46	-
Long-Term Deferred Tax Assets	60.61	62.55	62.88	68.9	54.59
Long-Term Deferred Charges	7.85	7.76	11.48	15.99	21.36
Other Long-Term Assets	94.88	120.16	151.16	105.98	251.97
Total Assets	8,468	6,990	6,682	6,410	5,940
Accounts Payable	573.49	418.9	649	710.74	526.01
Accrued Expenses	131.2	193.66	207.68	226.15	138.4
Short-Term Debt	-	3.18	6.64	41.84	679.18
Current Portion of Long-Term Debt	-	-	-	-	121.18
Current Portion of Leases	5.02	5.48	2.87	1.92	0.32
Current Income Taxes Payable	29.87	36.19	18.03	10.08	19.6
Current Unearned Revenue	206.11	295.38	249.52	293.07	186.8
Other Current Liabilities	466.31	358.97	320.72	358.92	482.47
Total Current Liabilities	1,412	1,312	1,454	1,643	2,154
Long-Term Leases	0.11	2.65	1.04	1.83	-
Long-Term Unearned Revenue	74.07	78.97	89.99	98.35	109.88
Total Liabilities	1,486	1,393	1,545	1,743	2,264
Common Stock	417.75	370.25	370.25	370.25	350
Additional Paid-In Capital	4,763	3,700	3,689	3,662	3,007
Retained Earnings	1,801	1,526	1,077	634.89	319.93
Comprehensive Income & Other	-0.23	-0.17	-0.31	-0.17	-0.36
Shareholders' Equity	6,982	5,597	5,136	4,667	3,676
Total Liabilities & Equity	8,468	6,990	6,682	6,410	5,940
Total Debt	5.13	11.3	10.55	45.6	800.68
Net Cash (Debt)	2,611	1,143	709.18	550.38	-468.02
Net Cash Growth	268.16%	61.11%	28.85%	-	-
Net Cash Per Share	6.65	3.09	1.92	1.51	-1.33
Filing Date Shares Outstanding	417.75	370.25	370.25	363.84	351.11
Total Common Shares Outstanding	417.75	370.25	370.25	363.84	351.11
Working Capital	3,103	1,665	1,198	797.07	-171.23
Book Value Per Share	16.71	15.12	13.87	12.83	10.47
Tangible Book Value	6,693	5,301	4,834	4,369	3,371
Tangible Book Value Per Share	16.02	14.32	13.05	12.01	9.60
Buildings	-	2,175	2,106	2,080	1,528
Machinery	-	1,883	1,795	1,769	1,714
Construction In Progress	-	768.12	667.77	549.49	824.27

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