SHA:603191 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	1,429	1,155	1,373	932.99	329.75	144.76
Trading Asset Securities	-	25.06	-	30.02	-	-
Cash & Short-Term Investments	1,429	1,180	1,373	963.01	329.75	144.76
Cash Growth	38.42%	-14.04%	42.59%	192.04%	127.80%	98.05%
Accounts Receivable	2,028	1,882	1,102	897.33	714.02	708.21
Other Receivables	132.88	125.15	12.41	11.78	7.99	10.89
Receivables	2,161	2,007	1,114	909.1	722.01	719.1
Inventory	1,149	869.95	509.07	446	277.48	210.3
Other Current Assets	108.11	82.86	123.21	108.39	141.02	70.67
Total Current Assets	4,848	4,140	3,119	2,427	1,470	1,145
Property, Plant & Equipment	1,952	2,048	1,502	815.76	654.74	533.11
Long-Term Investments	30.71	30.93	15.53	16.01	16.13	15
Goodwill	45.54	45.54	-	-	-	-
Other Intangible Assets	223.65	228.89	125.52	81.74	81.04	81.79
Long-Term Accounts Receivable	-	-	-	-	0.04	0.28
Long-Term Deferred Tax Assets	22.78	18.46	24.48	19.77	13.06	10.38
Long-Term Deferred Charges	2.31	3.21	3.85	1.48	0.08	0.14
Other Long-Term Assets	12.7	17.34	84.87	145.25	0.24	4.3
Total Assets	7,138	6,532	4,875	3,507	2,236	1,790
Accounts Payable	1,633	1,420	1,069	379.61	347.73	171.31
Accrued Expenses	49.7	130.79	66.58	61.46	70.12	43.95
Short-Term Debt	222.24	270.06	264.25	33.43	22.2	30.6
Current Portion of Long-Term Debt	516.9	496.05	64.39	12.88	16.53	10.54
Current Portion of Leases	-	3.17	4.62	0.54	-	-
Current Income Taxes Payable	18.96	13.8	-	7.07	21.85	8.98
Current Unearned Revenue	122.5	114.85	84.73	174.63	113.37	103.06
Other Current Liabilities	306.69	304.11	149.23	297.74	256.38	239.7
Total Current Liabilities	2,870	2,753	1,703	967.35	848.19	608.13
Long-Term Debt	1,493	1,104	665.12	179.21	190.37	170
Long-Term Leases	10.5	3.06	4.23	0.56	-	-
Long-Term Unearned Revenue	69.65	73.23	64.17	64.63	67.35	63.41
Long-Term Deferred Tax Liabilities	50.23	45.5	47.42	24.71	14.4	13.42
Other Long-Term Liabilities	141.72	1.24	0.35	2.79	-	-
Total Liabilities	4,635	3,979	2,484	1,239	1,120	854.97
Common Stock	332.35	333.17	333.17	333.17	249.88	249.88
Additional Paid-In Capital	975.1	960.87	975.7	982.38	211.11	211.11
Retained Earnings	1,190	1,126	1,110	935.72	637.61	459.47
Treasury Stock	-19.81	-30.89	-50.3	-	-	-
Comprehensive Income & Other	21.08	24.47	21.9	15.31	11.52	9.07
Total Common Equity	2,499	2,413	2,391	2,267	1,110	929.53
Minority Interest	4.02	139.6	-	0.69	5.19	5.33
Shareholders' Equity	2,503	2,553	2,391	2,267	1,115	934.86
Total Liabilities & Equity	7,138	6,532	4,875	3,507	2,236	1,790
Total Debt	2,242	1,876	1,003	226.61	229.1	211.14
Net Cash (Debt)	-813.05	-695.57	370.53	736.4	100.66	-66.38
Net Cash Growth	-	-	-49.68%	631.60%	-	-
Net Cash Per Share	-2.49	-2.13	1.11	2.42	0.40	-0.27
Filing Date Shares Outstanding	328.45	329.96	332.51	333.17	249.88	249.88
Total Common Shares Outstanding	328.45	329.96	332.51	333.17	249.88	249.88
Working Capital	1,978	1,388	1,416	1,459	622.08	536.69
Book Value Per Share	7.61	7.31	7.19	6.80	4.44	3.72
Tangible Book Value	2,229	2,139	2,265	2,185	1,029	847.74
Tangible Book Value Per Share	6.79	6.48	6.81	6.56	4.12	3.39
Buildings	-	1,221	651.53	417.47	342.35	284.81
Machinery	-	1,324	787.25	420.11	409.05	338.84
Construction In Progress	-	25.03	377.81	224.83	95.14	20.71

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