SHA:603177 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	277.66	204.6	175	184.46	123.89	92.03
Cash & Short-Term Investments	277.66	204.6	175	184.46	123.89	92.03
Cash Growth	93.01%	16.92%	-5.13%	48.89%	34.62%	-48.46%
Accounts Receivable	634.2	552.56	612.63	590.92	585.95	570.07
Other Receivables	19.31	25.17	19.74	13.82	17.3	22.3
Receivables	653.52	577.72	632.37	604.74	603.24	592.38
Inventory	238.73	234.64	177.19	174.55	156.17	182.76
Other Current Assets	68.92	38.6	33.66	25.7	42.21	28.45
Total Current Assets	1,239	1,056	1,018	989.45	925.51	895.61
Property, Plant & Equipment	480.14	515.38	519.98	378.35	326.48	243.64
Long-Term Investments	13.01	21.71	22.91	21.84	22.86	23.47
Goodwill	95.85	99.1	106.56	-	-	-
Other Intangible Assets	116.07	118.75	122.25	84.55	85.86	87.09
Long-Term Deferred Tax Assets	20.62	21.01	18.98	19.2	15.56	15.47
Long-Term Deferred Charges	3.14	1.54	0.71	0.11	0.36	1.01
Other Long-Term Assets	0.82	0.29	6.12	0.96	1.6	1.8
Total Assets	1,968	1,833	1,816	1,494	1,378	1,268
Accounts Payable	447.54	382.26	358.47	356.56	376.92	370.98
Accrued Expenses	10.56	49.82	43.37	39.74	37.93	29.89
Short-Term Debt	573.23	565.97	515.25	452.07	522.61	381.03
Current Portion of Long-Term Debt	-	24.83	16.36	-	-	-
Current Portion of Leases	-	7.12	5.99	1.54	0.64	-
Current Income Taxes Payable	25.06	2.86	1.57	2.78	-	-
Current Unearned Revenue	89.5	53.31	78.18	25.71	51.44	34.42
Other Current Liabilities	119.56	41.23	67.04	61.37	11.33	12.27
Total Current Liabilities	1,265	1,127	1,086	939.77	1,001	828.61
Long-Term Debt	217.37	236.87	261.37	120.18	-	-
Long-Term Leases	1.63	3.41	7.45	3.48	1.11	-
Long-Term Unearned Revenue	31.84	33.13	35.35	37.96	40.56	24.04
Long-Term Deferred Tax Liabilities	0.06	0.22	0.24	-	2.66	2.65
Other Long-Term Liabilities	51.19	29.05	25.04	16.68	-	-
Total Liabilities	1,568	1,430	1,416	1,118	1,045	855.29
Common Stock	206.15	206.15	208.79	207.56	202	202
Additional Paid-In Capital	192.34	192.2	228.46	195.4	117.09	115.99
Retained Earnings	1.78	-3.08	-25.95	22.48	13.17	93.97
Treasury Stock	-18.05	-18.05	-42.3	-51.15	-	-
Comprehensive Income & Other	-2.12	-0.48	-0.07	-0.31	-0.18	-0.1
Total Common Equity	380.11	376.75	368.93	373.97	332.08	411.87
Minority Interest	20.82	26.52	31.1	2.42	0.95	0.94
Shareholders' Equity	400.93	403.27	400.03	376.39	333.03	412.8
Total Liabilities & Equity	1,968	1,833	1,816	1,494	1,378	1,268
Total Debt	792.23	838.2	806.42	577.27	524.36	381.03
Net Cash (Debt)	-514.57	-633.6	-631.43	-392.81	-400.47	-289
Net Cash Per Share	-2.34	-3.05	-3.13	-2.11	-1.98	-1.44
Filing Date Shares Outstanding	206.15	206.15	208.79	207.56	202	202
Total Common Shares Outstanding	206.15	206.15	208.79	207.56	202	202
Working Capital	-26.63	-71.83	-68.02	49.68	-75.37	67.01
Book Value Per Share	1.84	1.83	1.77	1.80	1.64	2.04
Tangible Book Value	168.18	158.9	140.12	289.43	246.22	324.78
Tangible Book Value Per Share	0.82	0.77	0.67	1.39	1.22	1.61
Buildings	-	322.4	290.4	232	146.31	110.68
Machinery	-	430.38	388.5	331.67	295.79	200.65
Construction In Progress	-	37.37	66.57	2.07	44.36	73.97

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