SHA:603048 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	Mar '25 Mar 31, 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	97.19	158.26	211.22	329.24	186.59	59.89
Trading Asset Securities	20.21	0.19	0.09	0.1	245.16	-
Cash & Short-Term Investments	117.4	158.45	211.31	329.34	431.75	59.89
Cash Growth	-38.70%	-25.01%	-35.84%	-23.72%	620.95%	-
Accounts Receivable	198.36	273.56	329.6	192.35	264.98	261.14
Other Receivables	122.61	0.49	0.24	5.55	0.11	4.32
Receivables	320.97	274.06	329.84	197.9	265.08	265.46
Inventory	185.21	187.31	181.29	197.63	206.68	135.25
Other Current Assets	4.65	5.27	6.19	3.88	2.48	1.59
Total Current Assets	628.23	625.1	728.63	728.74	905.98	462.18
Property, Plant & Equipment	757.24	761.29	782.03	709.44	512.56	380.45
Long-Term Investments	87.7	84.79	69.97	62.01	4.84	5.26
Other Intangible Assets	93.66	94.5	93.87	96.19	98.56	37.69
Long-Term Deferred Tax Assets	13.99	14.89	12.72	12.62	3.64	3.82
Long-Term Deferred Charges	0.2	0.22	0.31	0.4	-	-
Other Long-Term Assets	15.02	14.5	7.83	12.84	12.78	95.47
Total Assets	1,596	1,595	1,695	1,622	1,538	984.87
Accounts Payable	165.12	153.93	191.4	85.35	130.9	57.74
Accrued Expenses	20.53	46.23	45.08	36.06	36.46	41.63
Short-Term Debt	62.01	40.03	83.08	153.17	46.56	155.98
Current Portion of Leases	0.9	0.89	0.67	0.57	0.13	-
Current Income Taxes Payable	8.55	0.8	0.43	-	1.31	4.92
Current Unearned Revenue	0.34	0.46	0.18	0.04	0.16	0.18
Other Current Liabilities	2.99	29.92	34.08	28.79	14.24	35.16
Total Current Liabilities	260.42	272.25	354.92	304	229.76	295.62
Long-Term Debt	-	-	-	-	-	30
Long-Term Leases	1.19	1.42	0.99	1.3	0.06	-
Long-Term Unearned Revenue	17.48	17.97	19.96	15.11	4.24	2.45
Long-Term Deferred Tax Liabilities	22.47	22.35	19.7	15.89	9.11	6.32
Total Liabilities	301.56	313.98	395.57	336.3	243.17	334.39
Common Stock	146.88	146.88	146.88	146.88	146.88	110.16
Additional Paid-In Capital	808.52	808.52	808.52	808.52	808.52	279.59
Retained Earnings	350.83	337.41	345.48	330.62	339.83	260.75
Treasury Stock	-10	-10	-	-	-	-
Comprehensive Income & Other	0.05	0.06	0.05	0.07	-0.03	-0.02
Total Common Equity	1,296	1,283	1,301	1,286	1,295	650.48
Minority Interest	-1.81	-1.57	-1.15	-0.15	-	-
Shareholders' Equity	1,294	1,281	1,300	1,286	1,295	650.48
Total Liabilities & Equity	1,596	1,595	1,695	1,622	1,538	984.87
Total Debt	64.09	42.33	84.73	155.05	46.75	185.98
Net Cash (Debt)	53.31	116.12	126.58	174.29	385	-126.09
Net Cash Growth	-55.65%	-8.26%	-27.37%	-54.73%	-	-
Net Cash Per Share	0.36	0.78	0.86	1.17	3.42	-1.14
Filing Date Shares Outstanding	146.07	146.07	146.88	146.88	146.88	109.37
Total Common Shares Outstanding	146.07	146.07	146.88	146.88	146.88	109.37
Working Capital	367.8	352.85	373.7	424.75	676.23	166.56
Book Value Per Share	8.87	8.78	8.86	8.76	8.82	5.95
Tangible Book Value	1,203	1,188	1,207	1,190	1,197	612.79
Tangible Book Value Per Share	8.23	8.14	8.22	8.10	8.15	5.60
Buildings	-	632.13	622.86	407.19	405.23	325.08
Machinery	-	484.89	434.37	377.97	306.59	236.32
Construction In Progress	-	41.97	55.4	202.45	33.99	6.65

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