SHA:603115 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	600.53	577.62	547.92	681.45	510	343.12
Trading Asset Securities	51.52	-	221.07	220.33	550.13	110.29
Cash & Short-Term Investments	652.05	577.62	769	901.78	1,060	453.41
Cash Growth	1.79%	-24.89%	-14.72%	-14.94%	133.81%	-38.89%
Accounts Receivable	925.94	817.86	646.75	636.16	583.79	579.12
Other Receivables	3.73	2.54	4.28	2.24	0.44	1.31
Receivables	929.67	820.4	651.03	638.4	584.23	580.43
Inventory	318.62	282.79	205.85	220.45	141.67	108.59
Other Current Assets	44.57	34.39	16.27	16.1	6.31	5.44
Total Current Assets	1,945	1,715	1,642	1,777	1,792	1,148
Property, Plant & Equipment	948.83	798.95	676.98	581.83	482.26	437.09
Other Intangible Assets	87.63	78.47	63.85	37.29	36.15	37.16
Long-Term Deferred Tax Assets	5.16	4.82	3.23	3.87	8.82	4.82
Long-Term Deferred Charges	3.19	2.17	6.55	9.64	4.96	4.01
Other Long-Term Assets	25.46	20.74	1.78	10.39	19.12	0.64
Total Assets	3,015	2,620	2,395	2,420	2,344	1,632
Accounts Payable	511.19	380.46	259.57	275.97	230.49	269.75
Accrued Expenses	36.73	54.48	35.34	39.41	37.67	23.22
Short-Term Debt	110	-	-	-	20.02	10.02
Current Portion of Long-Term Debt	-	-	-	-	-	20.03
Current Income Taxes Payable	17.89	6.91	8.85	0.17	11.6	5.23
Current Unearned Revenue	0.39	1.21	0.6	0.93	1.81	1.07
Other Current Liabilities	2.3	95.62	52.12	27.47	19.83	26.12
Total Current Liabilities	678.51	538.68	356.48	343.96	321.42	355.45
Long-Term Debt	207.26	-	-	-	-	-
Long-Term Unearned Revenue	54.69	36.43	41.43	41.81	32.78	29.25
Long-Term Deferred Tax Liabilities	9.55	8.55	7.49	3.87	-	-
Total Liabilities	950.01	583.67	405.4	389.63	354.21	384.7
Common Stock	241.89	239.2	239.2	239.2	239.2	208
Additional Paid-In Capital	1,132	1,107	1,103	1,103	1,103	455.93
Retained Earnings	685.75	682.14	640.83	683.45	635.13	569.94
Comprehensive Income & Other	5.86	8.1	5.7	4.06	-1.02	1.03
Total Common Equity	2,065	2,037	1,989	2,030	1,976	1,235
Minority Interest	-	-	-	-	13.25	11.99
Shareholders' Equity	2,065	2,037	1,989	2,030	1,989	1,247
Total Liabilities & Equity	3,015	2,620	2,395	2,420	2,344	1,632
Total Debt	317.26	-	-	-	20.02	30.05
Net Cash (Debt)	334.79	577.62	769	901.78	1,040	423.36
Net Cash Growth	-47.74%	-24.89%	-14.72%	-13.30%	145.68%	-40.53%
Net Cash Per Share	1.38	2.41	3.20	3.76	4.94	2.02
Filing Date Shares Outstanding	241.89	239.2	239.2	239.2	239.2	208
Total Common Shares Outstanding	241.89	239.2	239.2	239.2	239.2	208
Working Capital	1,266	1,177	1,286	1,433	1,471	792.43
Book Value Per Share	8.54	8.51	8.32	8.49	8.26	5.94
Tangible Book Value	1,978	1,958	1,925	1,993	1,940	1,198
Tangible Book Value Per Share	8.18	8.19	8.05	8.33	8.11	5.76
Buildings	-	284.27	183.18	178.21	174.28	173.39
Machinery	-	1,082	965.25	938.19	775.51	674.09
Construction In Progress	-	112.99	138.36	11.29	26.11	52.16

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