SHA:603022 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	126.87	162.52	163.71	135.88	126.33	75.91
Short-Term Investments	-	-	-	-	10	-
Trading Asset Securities	25	-	-	-	-	24
Cash & Short-Term Investments	151.87	162.52	163.71	135.88	136.33	99.91
Cash Growth	-20.89%	-0.73%	20.48%	-0.33%	36.46%	-12.38%
Accounts Receivable	326.63	325.68	271.78	259.22	221.96	232.88
Other Receivables	7.41	5.42	4.27	4.62	377.21	3.96
Receivables	334.04	331.1	276.05	263.84	599.17	236.84
Inventory	151.26	98.43	87.92	111.68	113.21	92.8
Prepaid Expenses	-	-	-	-	2.63	-
Other Current Assets	33.62	10.78	7.53	15.65	10.86	14.97
Total Current Assets	670.79	602.82	535.22	527.04	862.2	444.52
Property, Plant & Equipment	343.35	332.73	327.3	325.65	305.68	274.77
Long-Term Investments	2.69	23.87	37.31	17	14	-
Other Intangible Assets	129.57	136.46	116.89	120.65	122.55	126.84
Long-Term Deferred Tax Assets	13.44	7.38	3.35	2.69	1.88	1.93
Long-Term Deferred Charges	2.69	3.41	3.59	5.7	4.43	3.9
Other Long-Term Assets	1.37	1.12	13.55	1.43	6	54.14
Total Assets	1,164	1,108	1,037	1,000	1,317	906.1
Accounts Payable	202.44	171.86	135.91	136.6	117.91	121.63
Accrued Expenses	14.17	13.37	16.77	17.07	12.02	17.45
Short-Term Debt	50.03	57.36	56.79	65.75	458	69
Current Portion of Leases	5.46	8.92	8.51	5.63	5.35	-
Current Income Taxes Payable	10.67	5.99	5.08	3.52	2.18	-
Current Unearned Revenue	9.25	7.67	2.95	0.85	0.93	1.45
Other Current Liabilities	18.07	11.8	8.58	11.45	10.56	4.75
Total Current Liabilities	310.09	276.96	234.58	240.87	606.95	214.29
Long-Term Leases	17.16	19.36	15.48	10.72	3.53	-
Long-Term Unearned Revenue	14.13	14.94	15.21	16.29	17.36	18.44
Long-Term Deferred Tax Liabilities	5.16	0.42	0.54	0.6	0.52	0.49
Other Long-Term Liabilities	-	0.34	-	-	-	-
Total Liabilities	346.54	312.01	265.81	268.47	628.36	233.22
Common Stock	200	200	200	200	200	200
Additional Paid-In Capital	134.75	134.75	134.75	134.75	135.25	134.75
Retained Earnings	490.99	469.99	435.69	394.99	359.6	339.33
Comprehensive Income & Other	-5.84	-6.47	-3.14	-2.29	-6.47	-1.19
Total Common Equity	819.9	798.27	767.3	727.45	688.38	672.88
Minority Interest	-2.54	-2.49	4.09	4.25	-	-
Shareholders' Equity	817.36	795.78	771.39	731.69	688.38	672.88
Total Liabilities & Equity	1,164	1,108	1,037	1,000	1,317	906.1
Total Debt	72.65	85.63	80.77	82.1	466.89	69
Net Cash (Debt)	79.22	76.88	82.93	53.78	-330.55	30.91
Net Cash Growth	-31.86%	-7.30%	54.20%	-	-	-31.35%
Net Cash Per Share	0.39	0.39	0.42	0.28	-1.61	0.15
Filing Date Shares Outstanding	200	200	200	200	200	200
Total Common Shares Outstanding	200	200	200	200	200	200
Working Capital	360.7	325.86	300.63	286.18	255.25	230.23
Book Value Per Share	4.10	3.99	3.84	3.64	3.44	3.36
Tangible Book Value	690.33	661.81	650.4	606.8	565.83	546.04
Tangible Book Value Per Share	3.45	3.31	3.25	3.03	2.83	2.73
Buildings	-	289.25	289.04	288.15	234.54	231.86
Machinery	-	166.05	154.17	143.22	125.63	118.95
Construction In Progress	-	13.14	3.79	1.05	43.66	14.94

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