SHA:603137 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	115.59	250.5	473.39	300.9	208.98	198
Trading Asset Securities	70.26	241.44	253.8	-	-	-
Cash & Short-Term Investments	185.85	491.94	727.19	300.9	208.98	198
Cash Growth	-58.71%	-32.35%	141.67%	43.98%	5.55%	13.08%
Accounts Receivable	2,631	2,710	2,369	2,073	1,609	1,167
Other Receivables	4.5	10.28	14.84	11.92	13.76	32.71
Receivables	2,636	2,720	2,384	2,085	1,623	1,200
Inventory	54.24	91.89	75.51	85.82	78.95	68.13
Other Current Assets	69.64	52.91	35.06	15.59	27.68	11.28
Total Current Assets	2,945	3,357	3,221	2,487	1,939	1,477
Property, Plant & Equipment	141.96	152	158.58	163.57	171.83	141.33
Other Intangible Assets	35.89	36.59	37.51	38.44	39.37	40.29
Long-Term Deferred Tax Assets	39.13	38.83	33.08	29.83	25.63	21.33
Long-Term Deferred Charges	3.12	3.24	2.23	1.64	-	3.01
Other Long-Term Assets	-	0.14	0.18	-	0.96	3.35
Total Assets	3,166	3,587	3,453	2,720	2,177	1,686
Accounts Payable	1,310	1,700	1,649	1,304	1,231	875.94
Accrued Expenses	11.25	35.8	32.08	35.74	42.27	29.87
Short-Term Debt	484.09	472.92	386.84	235.49	340.46	249.92
Current Portion of Long-Term Debt	34.98	35.53	4.1	8.48	-	39.06
Current Portion of Leases	-	3.55	2.1	3.44	2.04	-
Current Income Taxes Payable	1.28	2.08	2.58	13.49	6	7.83
Current Unearned Revenue	21.13	44.7	82.6	139.53	65.56	67.75
Other Current Liabilities	9.54	32.22	38.82	38.2	41.31	65.01
Total Current Liabilities	1,872	2,327	2,198	1,779	1,729	1,335
Long-Term Debt	43.29	42.13	97.45	374.8	-	-
Long-Term Leases	-	-	5.84	6.33	6.95	-
Long-Term Deferred Tax Liabilities	0.31	0.7	1.83	-	-	-
Other Long-Term Liabilities	6.84	7.03	7.02	5.05	3.38	2.44
Total Liabilities	1,922	2,377	2,310	2,165	1,739	1,338
Common Stock	182.93	182.93	130.67	98	98	98
Additional Paid-In Capital	583.6	583.6	635.87	207.96	207.96	207.96
Retained Earnings	476.72	443.78	376.56	249.52	131.66	42.68
Shareholders' Equity	1,243	1,210	1,143	555.48	437.62	348.63
Total Liabilities & Equity	3,166	3,587	3,453	2,720	2,177	1,686
Total Debt	562.36	554.13	496.33	628.55	349.44	288.98
Net Cash (Debt)	-376.5	-62.19	230.86	-327.65	-140.46	-90.98
Net Cash Per Share	-2.07	-0.34	1.38	-2.38	-1.02	-0.66
Filing Date Shares Outstanding	182.93	182.93	182.93	182.93	137.2	137.2
Total Common Shares Outstanding	182.93	182.93	182.93	137.2	137.2	137.2
Working Capital	1,074	1,029	1,024	708.18	210.17	141.75
Book Value Per Share	6.80	6.62	6.25	4.05	3.19	2.54
Tangible Book Value	1,207	1,174	1,106	517.04	398.25	308.34
Tangible Book Value Per Share	6.60	6.42	6.04	3.77	2.90	2.25
Buildings	-	159.85	148.23	148.23	147.87	51.64
Machinery	-	89.32	84.72	78.45	73.62	52.22
Construction In Progress	-	-	4.03	-	-	86.28

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