SHA:603072 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	483.75	848.86	378.99	129.72	138.78	126.38
Cash & Short-Term Investments	483.75	848.86	378.99	129.72	138.78	126.38
Cash Growth	456.23%	123.98%	192.15%	-6.53%	9.81%	134.06%
Accounts Receivable	765.25	655.34	678.75	593.39	645.87	512.23
Other Receivables	39.17	8.93	11.67	10.4	1.05	24.16
Receivables	804.42	664.28	690.42	603.8	646.92	536.39
Inventory	1,193	1,220	1,215	1,194	619.22	396.97
Other Current Assets	36.87	6.74	63.34	43.15	9.53	16.82
Total Current Assets	2,518	2,740	2,348	1,971	1,414	1,077
Property, Plant & Equipment	524.94	568.48	562.01	525.01	480.29	402.28
Long-Term Investments	2	2	2	2	2	2
Other Intangible Assets	55.21	35.48	36.1	37.47	36.88	36.5
Long-Term Deferred Tax Assets	35.35	24.53	20.65	20.04	10.44	3.6
Long-Term Deferred Charges	14.26	13.87	11.96	11.81	6.73	5.83
Other Long-Term Assets	7.05	2.52	12.44	15.44	7.87	14.12
Total Assets	3,156	3,387	2,993	2,583	1,959	1,541
Accounts Payable	296.47	227.93	631.05	393.35	665.98	574.04
Accrued Expenses	9.33	62.51	48.45	16.86	21.79	19.04
Short-Term Debt	194.1	250.52	300.13	358.45	172.69	97.6
Current Portion of Long-Term Debt	105.71	259.79	476.32	109.74	40.22	72.25
Current Portion of Leases	-	4.9	4.29	3.78	2.84	-
Current Income Taxes Payable	6.46	4.76	6.02	0.66	9.58	6.22
Current Unearned Revenue	231.69	297.18	160.06	61.63	49.52	14.14
Other Current Liabilities	4.77	73.76	41.87	8.93	19.81	0.87
Total Current Liabilities	848.53	1,181	1,668	953.4	982.4	784.16
Long-Term Debt	36.61	-	-	451.5	44.5	-
Long-Term Leases	15.87	18.82	23.85	47.38	35.64	-
Long-Term Unearned Revenue	112.38	123.18	103.44	104.01	96.81	96.69
Long-Term Deferred Tax Liabilities	2.75	3.32	4.05	4.01	-	-
Total Liabilities	1,016	1,327	1,800	1,560	1,159	880.85
Common Stock	264.28	264.28	198.21	198.21	198.21	198.21
Additional Paid-In Capital	923.42	923.42	258.75	256.68	256.32	256.32
Retained Earnings	952.71	872.54	736.46	567.65	344.81	205.47
Comprehensive Income & Other	-0.18	-0.19	-0.08	-0.07	-0.05	0.03
Shareholders' Equity	2,140	2,060	1,193	1,022	799.29	660.03
Total Liabilities & Equity	3,156	3,387	2,993	2,583	1,959	1,541
Total Debt	352.29	534.03	804.58	970.84	295.88	169.85
Net Cash (Debt)	131.46	314.83	-425.59	-841.12	-157.1	-43.47
Net Cash Per Share	0.53	1.60	-2.14	-4.23	-0.79	-0.22
Filing Date Shares Outstanding	264.28	264.28	198.21	198.96	198.67	198.21
Total Common Shares Outstanding	264.28	264.28	198.21	198.96	198.67	198.21
Working Capital	1,669	1,558	679.5	1,018	432.04	292.39
Book Value Per Share	8.10	7.79	6.02	5.14	4.02	3.33
Tangible Book Value	2,085	2,025	1,157	985	762.41	623.53
Tangible Book Value Per Share	7.89	7.66	5.84	4.95	3.84	3.15
Buildings	-	250.37	226.26	224.94	162.59	162.59
Machinery	-	584.62	534.95	466.96	347.31	300.79
Construction In Progress	-	37.02	50.34	34.63	152.03	92.38

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