SHA:603173 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	1,623	1,521	1,367	391.9	224.74	172.79
Trading Asset Securities	346.36	50.11	-	-	-	31
Cash & Short-Term Investments	1,969	1,571	1,367	391.9	224.74	203.79
Cash Growth	61.08%	14.93%	248.71%	74.38%	10.28%	97.82%
Accounts Receivable	1,172	1,443	1,408	1,279	837.3	509.12
Other Receivables	9.73	15.54	39.81	14.23	12.8	24.06
Receivables	1,182	1,458	1,448	1,294	850.11	533.18
Inventory	1,273	1,026	645.44	544.46	490.15	393.56
Prepaid Expenses	-	-	-	-	0.6	-
Other Current Assets	684.22	595.62	451.17	292.55	153.78	178.69
Total Current Assets	5,108	4,651	3,911	2,522	1,719	1,309
Property, Plant & Equipment	511.84	473.8	295.19	225.4	143.4	139.48
Long-Term Investments	6.49	6.6	4.13	3.91	4.7	4.25
Other Intangible Assets	93.41	93.95	96.38	68.12	67.47	25.7
Long-Term Accounts Receivable	-	-	10.04	25.09	40.15	-
Long-Term Deferred Tax Assets	75.21	62.27	44.58	27.17	21.48	15.38
Long-Term Deferred Charges	-	-	-	5.1	4.36	-
Other Long-Term Assets	8.18	11.24	35.73	31.03	27.71	63.23
Total Assets	5,803	5,299	4,397	2,908	2,029	1,557
Accounts Payable	1,377	1,387	1,233	1,178	668.07	531.04
Accrued Expenses	52.05	105.91	78.12	69.1	74.82	25.9
Short-Term Debt	-	-	43.04	156.18	92.12	52.07
Current Portion of Long-Term Debt	-	-	20.02	0.02	-	4.9
Current Portion of Leases	0.17	0.16	0.46	0.39	-	-
Current Income Taxes Payable	45.2	28.64	23.79	1.44	7.99	17.26
Current Unearned Revenue	2,270	1,975	1,397	748.24	615.86	547.97
Other Current Liabilities	140.42	162.83	141.68	91.03	58.33	32.49
Total Current Liabilities	3,885	3,660	2,938	2,244	1,517	1,212
Long-Term Debt	-	-	-	20	-	-
Long-Term Leases	-	-	0.03	0.38	-	-
Long-Term Unearned Revenue	11.84	2.22	2.44	0.18	0.19	0.21
Long-Term Deferred Tax Liabilities	-	-	-	-	0.66	0.59
Other Long-Term Liabilities	12.9	10.28	3.4	20.55	11.55	6.07
Total Liabilities	3,910	3,672	2,944	2,285	1,530	1,219
Common Stock	160	160	160	120	120	120
Additional Paid-In Capital	841.78	840.71	839.27	218.94	217.5	216.42
Retained Earnings	920.27	654.66	452.7	283.95	161.21	1.04
Treasury Stock	-29.98	-29.98	-	-	-	-
Comprehensive Income & Other	1.6	1.32	1.59	0.14	0.33	1.3
Shareholders' Equity	1,894	1,627	1,454	623.03	499.03	338.76
Total Liabilities & Equity	5,803	5,299	4,397	2,908	2,029	1,557
Total Debt	0.17	0.16	63.55	176.98	92.12	56.97
Net Cash (Debt)	1,969	1,571	1,303	214.92	132.62	146.82
Net Cash Growth	66.52%	20.53%	506.29%	62.06%	-9.68%	407.17%
Net Cash Per Share	12.38	9.80	8.32	1.79	1.10	1.22
Filing Date Shares Outstanding	158.42	158.42	160	120	120	120
Total Common Shares Outstanding	158.42	158.42	160	120	120	120
Working Capital	1,223	991.34	973.39	278.31	202.19	97.6
Book Value Per Share	11.95	10.27	9.08	5.19	4.16	2.82
Tangible Book Value	1,800	1,533	1,357	554.91	431.57	313.06
Tangible Book Value Per Share	11.36	9.68	8.48	4.62	3.60	2.61
Buildings	-	397.23	242.77	233.15	167.11	158.81
Machinery	-	203.04	103.07	93.63	76.29	74.34
Construction In Progress	-	38.63	80.96	6.02	9.63	-

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