SHA:603107 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	670.13	899.11	1,118	218.33	159.58	204.33
Trading Asset Securities	10	-	0	-	-	-
Cash & Short-Term Investments	680.13	899.11	1,118	218.33	159.58	204.33
Cash Growth	-18.42%	-19.58%	412.06%	36.81%	-21.90%	-1.06%
Accounts Receivable	733.08	681.52	617.23	527.08	474.22	489
Other Receivables	6.06	3.34	14.94	1.83	2.35	1.12
Receivables	739.14	684.86	632.17	528.91	476.57	490.12
Inventory	348.94	326.96	288.84	236.82	204.2	149.66
Prepaid Expenses	-	-	-	-	-	0.84
Other Current Assets	78.81	82.34	61.81	25.15	16.48	10.97
Total Current Assets	1,847	1,993	2,101	1,009	856.83	855.92
Property, Plant & Equipment	671.26	637.97	576.96	428.53	317.18	239.57
Long-Term Investments	96.54	97.76	89.93	98.97	103.18	102.2
Other Intangible Assets	36.67	36.86	38.19	37.8	39.41	40.86
Long-Term Deferred Tax Assets	15.74	13.9	10.84	7.64	7.41	5.11
Long-Term Deferred Charges	6.8	6.65	6.41	5.77	6.27	1.68
Other Long-Term Assets	28.72	5.59	6.61	5.13	5.29	2.15
Total Assets	2,703	2,792	2,830	1,593	1,336	1,247
Accounts Payable	460.06	474.72	524.16	441.36	347.76	285.32
Accrued Expenses	36.16	61.69	62.33	51.42	54.3	44.19
Short-Term Debt	10	-	49.95	180.17	152.14	173.17
Current Portion of Long-Term Debt	-	19.11	-	-	-	-
Current Portion of Leases	7.1	11.79	10.64	7.29	13.33	-
Current Income Taxes Payable	23.96	8.07	6.34	3.73	2.37	6.01
Current Unearned Revenue	1.29	2.56	0.51	0.42	0.22	0.03
Other Current Liabilities	11.03	0.87	4.08	1.07	0.36	0.31
Total Current Liabilities	549.6	578.79	658.01	685.46	570.48	509.03
Long-Term Debt	-	93.84	132.98	79.74	-	-
Long-Term Leases	31.04	35.64	28.58	3.94	7.12	-
Long-Term Unearned Revenue	5.27	5.74	6.42	5.58	5.69	5.03
Long-Term Deferred Tax Liabilities	0.38	0.03	-	0.12	-	-
Total Liabilities	586.29	714.04	826	774.85	583.28	514.06
Common Stock	337.34	337.34	337.34	253	253	253
Additional Paid-In Capital	1,253	1,253	1,256	274.6	274.6	274.6
Retained Earnings	531.79	497.92	409.67	286.14	219.92	200.53
Comprehensive Income & Other	-5.05	-10.18	0.21	0.07	-0.47	-0.18
Total Common Equity	2,117	2,078	2,003	813.81	747.05	727.95
Minority Interest	-0.45	-	0.88	4.39	5.24	5.49
Shareholders' Equity	2,116	2,078	2,004	818.21	752.29	733.43
Total Liabilities & Equity	2,703	2,792	2,830	1,593	1,336	1,247
Total Debt	48.14	160.38	222.16	271.14	172.59	173.17
Net Cash (Debt)	631.99	738.73	895.85	-52.81	-13.01	31.15
Net Cash Growth	-1.58%	-17.54%	-	-	-	-28.89%
Net Cash Per Share	1.86	2.18	3.33	-0.21	-0.05	0.12
Filing Date Shares Outstanding	337.34	337.34	337.34	253	250.76	253.53
Total Common Shares Outstanding	337.34	337.34	337.34	253	250.76	253.53
Working Capital	1,297	1,414	1,443	323.75	286.36	346.89
Book Value Per Share	6.28	6.16	5.94	3.22	2.98	2.87
Tangible Book Value	2,080	2,041	1,965	776.02	707.64	687.08
Tangible Book Value Per Share	6.17	6.05	5.82	3.07	2.82	2.71
Buildings	-	356.91	166.98	96.27	96.27	96.27
Machinery	-	484.49	449.28	385.41	362.18	325.42
Construction In Progress	-	49.94	189.47	180.14	59.53	9.31

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