SHA:603097 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	195.43	137.76	124.98	212.08	53.31	88.31
Trading Asset Securities	65.92	35.96	64.24	-	-	-
Cash & Short-Term Investments	261.35	173.73	189.22	212.08	53.31	88.31
Cash Growth	89.68%	-8.19%	-10.78%	297.83%	-39.63%	40.38%
Accounts Receivable	1,235	1,023	930.31	563.62	401.58	352.44
Other Receivables	23.21	31.65	28.99	14.01	12.56	8.55
Receivables	1,258	1,054	959.3	577.64	414.14	360.99
Inventory	616.86	468.12	281.98	242.05	168	109.2
Prepaid Expenses	-	0	0.02	0.07	0.23	0.28
Other Current Assets	30.68	13.11	8.12	12.02	10.35	4.43
Total Current Assets	2,167	1,709	1,439	1,044	646.03	563.21
Property, Plant & Equipment	815.65	449.33	293.35	202.22	139.96	74.73
Other Intangible Assets	112.66	116.22	39.79	39.61	38.16	21.25
Long-Term Deferred Tax Assets	1.1	6.97	3.94	9.09	7.26	4.37
Long-Term Deferred Charges	1.51	1.14	0.33	-	-	-
Other Long-Term Assets	12.13	90.08	2.79	59.49	15.18	1.36
Total Assets	3,110	2,373	1,779	1,354	846.59	664.91
Accounts Payable	1,060	601.16	364.63	251.56	196.52	146.3
Accrued Expenses	68.72	87.84	99.11	60.06	51.59	49.66
Short-Term Debt	57.83	241.11	231.78	139.46	33.34	16.52
Current Portion of Long-Term Debt	6.72	48.98	8.99	-	-	-
Current Portion of Leases	-	3.5	2.8	1.1	-	-
Current Income Taxes Payable	25.83	3.99	7.07	0.17	3.78	3.66
Current Unearned Revenue	109.2	50.73	39.24	22.9	16.55	12.59
Other Current Liabilities	95.53	117.44	35.99	31.76	19.39	8.92
Total Current Liabilities	1,424	1,155	789.61	507.01	321.17	237.66
Long-Term Debt	526.69	170.24	40	-	15.65	-
Long-Term Leases	0.44	3.1	4.1	2.36	4.63	-
Long-Term Unearned Revenue	10.54	11.55	12.7	12.91	0.25	0.8
Total Liabilities	1,961	1,340	846.41	522.27	341.71	238.45
Common Stock	164.44	160	160	160	120	120
Additional Paid-In Capital	367.5	299.66	299.66	299.66	71.81	71.81
Retained Earnings	600.72	561.41	469.8	372.32	313.07	234.65
Total Common Equity	1,136	1,021	929.46	831.99	504.88	426.46
Minority Interest	12.13	12.32	2.96	-	-	-
Shareholders' Equity	1,149	1,033	932.42	831.99	504.88	426.46
Total Liabilities & Equity	3,110	2,373	1,779	1,354	846.59	664.91
Total Debt	591.68	466.93	287.67	142.92	53.63	16.52
Net Cash (Debt)	-330.33	-293.21	-98.45	69.16	-0.32	71.79
Net Cash Growth	-	-	-	-	-	105.89%
Net Cash Per Share	-2.06	-1.82	-0.62	0.48	-0.00	0.60
Filing Date Shares Outstanding	164.44	164.44	160	160	120	120
Total Common Shares Outstanding	164.44	160	160	160	120	120
Working Capital	743.2	554.53	649.02	536.85	324.85	325.55
Book Value Per Share	6.91	6.38	5.81	5.20	4.21	3.55
Tangible Book Value	1,024	904.85	889.67	792.38	466.71	405.21
Tangible Book Value Per Share	6.23	5.66	5.56	4.95	3.89	3.38
Buildings	-	168.78	120.97	111.47	35.41	35.41
Machinery	-	214.3	171.27	9.87	69.63	63.95
Construction In Progress	-	140.33	49.49	43.76	68.19	7.01

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