SHA:603162 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	500.94	550.36	639.73	734.77	280.95	52.93
Trading Asset Securities	102.44	91.76	504.41	-	-	-
Cash & Short-Term Investments	603.38	642.12	1,144	734.77	280.95	52.93
Cash Growth	-6.75%	-43.88%	55.72%	161.53%	430.82%	-5.01%
Accounts Receivable	242.11	228.23	113.35	60.91	100.1	46.61
Other Receivables	342.54	212.53	157.88	10.03	81.16	69.81
Receivables	584.65	440.76	271.23	70.94	181.26	116.41
Inventory	105.23	102.23	107.57	27.72	29.92	22.12
Prepaid Expenses	-	0.61	0.51	0.27	-	-
Other Current Assets	97.11	32.81	42.07	110.46	11.23	17.37
Total Current Assets	1,390	1,219	1,566	944.16	503.36	208.82
Property, Plant & Equipment	5,304	4,590	2,930	1,632	1,632	1,343
Other Intangible Assets	3.35	2.25	1.06	1.32	1.65	0.5
Long-Term Deferred Tax Assets	14.54	11.17	19.39	13.59	2.1	1.15
Long-Term Deferred Charges	2.63	2.83	2.11	2.3	-	-
Other Long-Term Assets	50.94	13.52	14.38	13.27	2.99	0
Total Assets	6,766	5,838	4,532	2,607	2,142	1,554
Accounts Payable	164.19	96.67	72.58	52.19	43.86	22.11
Accrued Expenses	39.55	58.78	34.83	21.3	11.18	7.94
Short-Term Debt	-	14.29	-	-	10.01	20.03
Current Portion of Long-Term Debt	621.15	7.19	-	-	-	-
Current Portion of Leases	-	501.74	329.31	166.08	-	-
Current Income Taxes Payable	16.42	12.58	0	6.98	56.47	35.8
Current Unearned Revenue	105.95	57.7	51.11	5.64	20.89	5.29
Other Current Liabilities	128	101.42	27.02	52.21	119.26	177.41
Total Current Liabilities	1,075	850.38	514.85	304.41	261.68	268.58
Long-Term Debt	298.44	39.92	-	-	-	-
Long-Term Leases	1,063	828.28	367.41	208.31	500.92	-
Long-Term Deferred Tax Liabilities	-	-	13.85	10.56	-	-
Other Long-Term Liabilities	-	-	-	37.02	53.33	624.54
Total Liabilities	2,437	1,719	896.11	560.29	815.93	893.12
Common Stock	926.03	916.88	614.79	371.48	371.48	233.75
Additional Paid-In Capital	1,172	1,107	1,352	120.83	118.16	94.47
Retained Earnings	2,214	2,007	1,596	1,494	859.34	341.9
Treasury Stock	-57.26	-22.38	-	-	-	-
Comprehensive Income & Other	73.4	110.83	72.73	60.37	-23.09	-9.34
Shareholders' Equity	4,329	4,119	3,636	2,047	1,326	660.77
Total Liabilities & Equity	6,766	5,838	4,532	2,607	2,142	1,554
Total Debt	1,983	1,391	696.72	374.39	510.92	20.03
Net Cash (Debt)	-1,379	-749.3	447.43	360.38	-229.98	32.9
Net Cash Growth	-	-	24.15%	-	-	-40.96%
Net Cash Per Share	-1.49	-0.81	0.51	0.44	-0.29	0.05
Filing Date Shares Outstanding	926.03	916.88	909.89	813.7	813.7	723.12
Total Common Shares Outstanding	926.03	916.88	909.89	813.7	813.7	723.12
Working Capital	315.1	368.15	1,051	639.76	241.68	-59.76
Book Value Per Share	4.67	4.49	4.00	2.52	1.63	0.91
Tangible Book Value	4,325	4,117	3,635	2,045	1,324	660.27
Tangible Book Value Per Share	4.67	4.49	4.00	2.51	1.63	0.91
Machinery	-	4,595	2,624	1,269	-	-

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