SHA:603200 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	277.02	165.67	282.71	283.4	218.56	270.52
Short-Term Investments	-	175.2	91.52	-	-	-
Cash & Short-Term Investments	277.02	340.87	374.22	283.4	218.56	270.52
Cash Growth	52.69%	-8.91%	32.05%	29.67%	-19.21%	-33.73%
Accounts Receivable	394.43	443.46	512.73	503.19	517.76	465.02
Other Receivables	29.47	13.31	8.69	17.96	12.73	12.85
Receivables	423.9	456.77	521.42	521.15	530.49	477.87
Inventory	128.7	105.75	82.43	92.65	85.36	85.33
Prepaid Expenses	-	-	2.41	-	-	-
Other Current Assets	266.29	37.61	18.95	38.43	41.39	38.97
Total Current Assets	1,096	941	999.44	935.64	875.8	872.69
Property, Plant & Equipment	286.98	292.8	106.82	94.26	95.32	65.38
Long-Term Investments	245.03	122.54	122.94	125.43	88.23	56.54
Goodwill	-	-	-	-	8.48	8.48
Other Intangible Assets	42.94	190.09	201.12	185.96	150.48	20.53
Long-Term Deferred Tax Assets	19.13	18.14	20.12	14.22	11.64	9.53
Long-Term Deferred Charges	1.04	1.19	3.11	1.95	1.65	1.58
Other Long-Term Assets	150.91	16.89	17.02	15.65	-	131.52
Total Assets	1,842	1,583	1,471	1,373	1,232	1,166
Accounts Payable	127.75	143.36	134.4	168.67	131.26	124.54
Accrued Expenses	0.49	11.11	13.48	18.15	19.54	4.09
Short-Term Debt	293.86	293.88	247.78	127.55	123.3	134.59
Current Portion of Long-Term Debt	-	-	15.02	10.03	-	-
Current Portion of Leases	6.81	7.01	5.4	6.61	8.64	-
Current Income Taxes Payable	4.45	0.14	1.43	0.3	0.21	0.1
Current Unearned Revenue	50.86	36.52	32.12	49.47	41.12	53.38
Other Current Liabilities	18.74	13.45	7.24	10.5	18.89	12.32
Total Current Liabilities	502.96	505.46	456.88	391.26	342.97	329.02
Long-Term Debt	120	-	-	15	-	-
Long-Term Leases	32.63	42.28	10.71	14.43	17.11	-
Long-Term Unearned Revenue	5.25	5.25	-	-	-	0.32
Long-Term Deferred Tax Liabilities	1.04	1.07	4.69	1.6	1.2	1.25
Total Liabilities	661.87	554.06	472.28	422.28	361.29	330.59
Common Stock	175.48	175.48	174.87	173.62	125.3	100.77
Additional Paid-In Capital	348.15	327.85	320.91	306.93	338.61	369.78
Retained Earnings	561.13	457.47	426.79	400.84	371.1	341.09
Treasury Stock	-	-	-	-	-	-7.75
Comprehensive Income & Other	0.74	-0.07	-0.12	-0.44	-0.42	0.25
Total Common Equity	1,086	960.73	922.45	880.95	834.58	804.13
Minority Interest	94.57	67.86	75.84	69.88	35.74	31.53
Shareholders' Equity	1,180	1,029	998.29	950.82	870.31	835.66
Total Liabilities & Equity	1,842	1,583	1,471	1,373	1,232	1,166
Total Debt	453.29	343.16	278.91	173.61	149.05	134.59
Net Cash (Debt)	-176.27	-2.29	95.32	109.79	69.51	135.93
Net Cash Growth	-	-	-13.18%	57.95%	-48.87%	-55.61%
Net Cash Per Share	-1.00	-0.01	0.55	0.62	0.41	0.79
Filing Date Shares Outstanding	175.48	175.48	174.87	172.91	172.91	173.82
Total Common Shares Outstanding	175.48	175.48	174.87	172.91	172.91	173.82
Working Capital	592.96	435.53	542.56	544.39	532.83	543.67
Book Value Per Share	6.19	5.47	5.27	5.09	4.83	4.63
Tangible Book Value	1,043	770.64	721.33	694.99	675.62	775.12
Tangible Book Value Per Share	5.94	4.39	4.12	4.02	3.91	4.46
Buildings	-	36	32.78	30.95	29.25	20.11
Machinery	-	61.86	60.02	73.8	65.84	41.68
Construction In Progress	-	187.4	29.74	13.77	9.13	32.95

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