SHA:603076 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	418.39	442.19	527.55	575.89	563.22	208.02
Short-Term Investments	-	-	-	-	-	13.07
Trading Asset Securities	140.64	158.93	7	24.13	100.3	95.46
Cash & Short-Term Investments	559.03	601.11	534.55	600.02	663.51	316.55
Cash Growth	2.71%	12.45%	-10.91%	-9.57%	109.61%	-15.88%
Accounts Receivable	601.18	723.1	785.32	606.97	313.07	276.59
Other Receivables	51.39	23.26	38.37	26.59	7.9	13.99
Receivables	652.57	746.36	823.69	633.57	320.97	290.58
Inventory	1,338	1,184	1,224	1,240	1,100	748.67
Prepaid Expenses	35.82	34.46	36.07	30.04	36.37	14.56
Other Current Assets	192.84	96.42	163.53	187.18	168.56	78.71
Total Current Assets	2,778	2,662	2,782	2,691	2,289	1,449
Property, Plant & Equipment	529.03	553.89	543.86	502.61	395.45	281.29
Long-Term Investments	41.11	39.79	38.86	10.5	-	-
Goodwill	6.74	6.74	6.74	6.74	6.74	6.74
Other Intangible Assets	94.01	96.06	83.36	70.96	67.9	69.99
Long-Term Deferred Tax Assets	60.03	61.82	61.25	45.73	23.05	8.1
Long-Term Deferred Charges	52.65	52.05	47.66	33.24	15.78	0.51
Other Long-Term Assets	11.15	2.79	3.36	-	-	-
Total Assets	3,573	3,475	3,567	3,360	2,798	1,816
Accounts Payable	298.4	295.13	266.29	281.13	154.23	111.62
Accrued Expenses	31.2	61.56	92.73	40.06	29.14	22.95
Short-Term Debt	558.21	556.3	607.48	521.83	551.44	204.62
Current Portion of Long-Term Debt	122.27	180.99	227.19	156.94	-	-
Current Portion of Leases	-	12.59	16.5	3.09	1.55	-
Current Income Taxes Payable	16.04	6.98	2.57	7.77	2.38	2.19
Current Unearned Revenue	1,108	872.74	826.78	762.69	696.79	598.41
Other Current Liabilities	54.43	25.94	40.78	81.5	58.02	8.35
Total Current Liabilities	2,189	2,012	2,080	1,855	1,494	948.13
Long-Term Debt	27.02	83.16	88.08	137.14	-	-
Long-Term Leases	22.14	25	40.41	21.13	6.16	-
Long-Term Unearned Revenue	4.18	4.47	4.86	5.24	-	-
Long-Term Deferred Tax Liabilities	0.66	0.63	1.03	0.66	2.06	0.8
Other Long-Term Liabilities	7.41	7.01	7.59	6.13	5.34	10.03
Total Liabilities	2,250	2,133	2,222	2,025	1,507	958.97
Common Stock	120.7	120.7	120.7	120.7	120.7	74.5
Additional Paid-In Capital	868.81	868.81	868.81	868.81	868.81	510.82
Retained Earnings	319.3	333.98	330.99	320.95	308.71	275.39
Comprehensive Income & Other	-12.22	-15.77	0.72	-1.1	-7.2	-3.97
Total Common Equity	1,297	1,308	1,321	1,309	1,291	856.73
Minority Interest	26.37	34.84	23.74	25.72	-	-
Shareholders' Equity	1,323	1,343	1,345	1,335	1,291	856.73
Total Liabilities & Equity	3,573	3,475	3,567	3,360	2,798	1,816
Total Debt	729.62	858.05	979.67	840.13	559.15	204.62
Net Cash (Debt)	-170.6	-256.94	-445.12	-240.11	104.37	111.93
Net Cash Growth	-	-	-	-	-6.76%	83.35%
Net Cash Per Share	-1.37	-2.07	-3.62	-1.97	1.02	1.07
Filing Date Shares Outstanding	120.7	120.7	120.7	120.7	120.7	104.3
Total Common Shares Outstanding	120.7	120.7	120.7	120.7	120.7	104.3
Working Capital	589.65	649.69	701.84	835.61	795.66	500.94
Book Value Per Share	10.74	10.83	10.95	10.85	10.70	8.21
Tangible Book Value	1,196	1,205	1,231	1,232	1,216	780.01
Tangible Book Value Per Share	9.91	9.98	10.20	10.20	10.08	7.48
Buildings	-	392.66	320.72	312.3	299.13	226.24
Machinery	-	455.64	398.27	377.77	282.19	216.88
Construction In Progress	-	10.07	72.65	58.91	48.29	55.06

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