SHA:603202 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	4,467	1,297	735.77	196.82	165.09	48.06
Trading Asset Securities	-	-	-	-	0.52	0.01
Cash & Short-Term Investments	4,467	1,297	735.77	196.82	165.61	48.07
Cash Growth	507.09%	76.31%	273.82%	18.85%	244.49%	-
Accounts Receivable	975.76	1,487	1,309	751.05	329.56	319.23
Other Receivables	353.49	25.53	19.91	27.2	165	173.51
Receivables	1,329	1,513	1,328	778.25	494.56	492.74
Inventory	890.66	829.83	700.53	613.59	365.08	358.6
Other Current Assets	841.96	94.01	80.2	44.18	7.1	32.12
Total Current Assets	7,529	3,734	2,845	1,633	1,032	931.53
Property, Plant & Equipment	1,010	898.57	450.58	404.94	307.26	304.31
Long-Term Investments	55.56	58.43	54.98	68.24	72.72	108.7
Other Intangible Assets	297.09	258.24	127.44	126.58	127.64	109.86
Long-Term Deferred Tax Assets	51.76	56.98	54.95	40.78	32.73	26.05
Long-Term Deferred Charges	94.32	72.86	51.64	44.22	33.61	23.14
Other Long-Term Assets	112.74	30.61	26.8	7	4.27	7.12
Total Assets	9,150	5,109	3,611	2,325	1,611	1,511
Accounts Payable	1,466	1,472	1,056	676.07	369.98	475.82
Accrued Expenses	41.65	60.84	38.15	22.31	22.37	17.91
Short-Term Debt	70	-	60.04	250.49	229.1	111.41
Current Portion of Long-Term Debt	107.05	108.19	104.73	8.2	118.28	51.93
Current Portion of Leases	-	4.44	1.05	0.72	0.58	-
Current Income Taxes Payable	62.14	50.6	94.22	37.93	14.3	0
Current Unearned Revenue	15.79	5.21	9.11	15.54	45.82	2.96
Other Current Liabilities	330.83	30.09	36.07	51.69	32.56	83.04
Total Current Liabilities	2,093	1,731	1,399	1,063	832.99	743.07
Long-Term Debt	93.5	159	306.98	217.1	248.68	352.9
Long-Term Leases	161.72	163.24	0.09	0.67	0.83	-
Long-Term Unearned Revenue	124.95	127.46	127.98	134.71	137.49	114.79
Long-Term Deferred Tax Liabilities	0.21	0.04	9.79	10.78	0.01	2.81
Other Long-Term Liabilities	49.83	64.83	29.59	20.43	16.18	11.76
Total Liabilities	2,523	2,246	1,874	1,447	1,236	1,225
Common Stock	160	120	120	120	16.24	16.24
Additional Paid-In Capital	3,939	448.07	442.85	374.01	25.94	21.38
Retained Earnings	2,551	2,331	1,194	394.25	346.12	231.96
Comprehensive Income & Other	-22.66	-34.93	-19.8	-10.44	-14.07	15.79
Total Common Equity	6,628	2,864	1,737	877.82	374.22	285.37
Minority Interest	-0.88	-0.29	0.3	0.13	0.2	-0
Shareholders' Equity	6,627	2,864	1,738	877.95	374.42	285.37
Total Liabilities & Equity	9,150	5,109	3,611	2,325	1,611	1,511
Total Debt	432.28	434.87	472.89	477.18	597.46	516.24
Net Cash (Debt)	4,034	862.33	262.88	-280.36	-431.86	-468.17
Net Cash Growth	1434.73%	228.03%	-	-	-	-
Net Cash Per Share	29.54	7.19	2.19	-2.35	-	-
Filing Date Shares Outstanding	160	120	120	120	-	-
Total Common Shares Outstanding	160	120	120	120	-	-
Working Capital	5,435	2,003	1,446	569.89	199.35	188.46
Book Value Per Share	41.42	23.87	14.48	7.32	-	-
Tangible Book Value	6,331	2,606	1,610	751.25	246.58	175.51
Tangible Book Value Per Share	39.57	21.71	13.42	6.26	-	-
Buildings	-	283.05	260.83	219.64	219.79	223.79
Machinery	-	422.97	321.8	277.51	187.27	158.54
Construction In Progress	-	215.77	29.65	33.09	3.08	6

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