SHA:603070 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	325.57	790.13	1,041	747.6	255.96	356.05
Trading Asset Securities	162.14	-	-	-	0.24	-
Cash & Short-Term Investments	487.71	790.13	1,041	747.6	256.19	356.05
Cash Growth	-15.06%	-24.10%	39.24%	191.81%	-28.05%	17.39%
Accounts Receivable	1,308	1,104	1,255	1,243	1,073	854.35
Other Receivables	5.75	2.8	3.34	3.97	4.09	2.1
Receivables	1,314	1,107	1,259	1,247	1,077	856.46
Inventory	190.83	201.69	236.78	229.57	274.97	206.53
Other Current Assets	163.03	75.98	61.62	59.99	91.41	60.77
Total Current Assets	2,155	2,175	2,598	2,285	1,700	1,480
Property, Plant & Equipment	696.02	709.05	649.13	556.9	457.26	369.59
Long-Term Investments	1.64	1.64	3.42	-	-	-
Other Intangible Assets	72.22	74.28	77.26	81.22	80.28	83.14
Long-Term Deferred Tax Assets	12.7	9.82	9.48	8.3	8.1	6.55
Long-Term Deferred Charges	2.08	-	-	1.02	1.31	-
Other Long-Term Assets	233.58	42.7	0.41	5.35	4.17	2.88
Total Assets	3,174	3,012	3,338	2,937	2,251	1,942
Accounts Payable	738.62	568.17	662.97	436.67	427.66	301.18
Accrued Expenses	66.16	93.76	108.25	87.4	84.8	80.62
Short-Term Debt	159	182.2	228.42	275.23	203.21	218.32
Current Portion of Long-Term Debt	-	-	56.04	10.21	0.6	10.01
Current Portion of Leases	-	0.44	0.8	1.78	1.52	-
Current Income Taxes Payable	16.26	4.67	10.15	14	12.4	13.02
Current Unearned Revenue	6.85	10.91	16.43	11.01	11.2	11.54
Other Current Liabilities	5.83	7.25	17.44	39.98	21.8	16.66
Total Current Liabilities	992.72	867.4	1,101	876.28	763.18	651.36
Long-Term Debt	-	-	138.6	105.82	183.21	176.8
Long-Term Leases	1.12	0.11	0.34	1.08	0.94	-
Long-Term Unearned Revenue	14.21	13.42	3.67	1.36	1.63	1.91
Long-Term Deferred Tax Liabilities	-	-	-	-	0.06	-
Total Liabilities	1,008	880.93	1,243	984.54	949.03	830.07
Common Stock	401	401	401	401	341	341
Additional Paid-In Capital	863.38	863.38	863.38	863.38	420.64	420.64
Retained Earnings	889.45	861.39	826.06	682.83	537.86	347.84
Comprehensive Income & Other	0.02	0.02	0.02	0.02	0	0
Total Common Equity	2,154	2,126	2,090	1,947	1,300	1,109
Minority Interest	11.7	5.34	4.15	5.64	2.3	2.42
Shareholders' Equity	2,166	2,131	2,095	1,953	1,302	1,112
Total Liabilities & Equity	3,174	3,012	3,338	2,937	2,251	1,942
Total Debt	160.12	182.74	424.21	394.13	389.48	405.13
Net Cash (Debt)	327.59	607.39	616.75	353.47	-133.29	-49.08
Net Cash Growth	-2.60%	-1.52%	74.48%	-	-	-
Net Cash Per Share	0.81	1.51	1.54	0.91	-0.39	-0.14
Filing Date Shares Outstanding	401	401	401	401	401	341
Total Common Shares Outstanding	401	401	401	401	341	341
Working Capital	1,163	1,307	1,498	1,408	936.54	828.45
Book Value Per Share	5.37	5.30	5.21	4.86	3.81	3.25
Tangible Book Value	2,082	2,052	2,013	1,866	1,219	1,026
Tangible Book Value Per Share	5.19	5.12	5.02	4.65	3.58	3.01
Buildings	-	611.64	490.84	349.35	345.4	308.4
Machinery	-	504.21	421.29	344.89	309.38	285.47
Construction In Progress	-	10.49	104.12	190.48	88.59	30.82

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