SHA:603207 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	734.87	883.43	285.54	58.66	44.81	52.06
Short-Term Investments	-	-	-	1.31	5.08	-
Trading Asset Securities	-	-	2.97	108.96	158.11	60.63
Cash & Short-Term Investments	734.87	883.43	288.52	168.93	208.01	112.69
Cash Growth	-13.75%	206.20%	70.79%	-18.79%	84.58%	-3.42%
Accounts Receivable	115.03	90.29	85.39	81.88	55.82	70
Other Receivables	0.41	2.21	2.06	0.82	0.72	3.73
Receivables	115.44	92.5	87.46	82.69	56.55	73.74
Inventory	52.65	45.21	49.9	57.2	53.37	40.22
Other Current Assets	28.18	10.8	26.19	19.04	8.45	3.98
Total Current Assets	931.14	1,032	452.06	327.87	326.37	230.63
Property, Plant & Equipment	346.42	338.04	226.57	62.97	25.75	14.52
Long-Term Investments	-	-	-	-	1.27	6.19
Other Intangible Assets	23.34	24.53	26.12	27.7	29.23	30.81
Long-Term Deferred Tax Assets	3.02	3.36	2.86	2.27	2	1.44
Long-Term Deferred Charges	2.18	1.32	0.47	0.49	0.74	0.62
Other Long-Term Assets	1.52	3.26	4.58	42	0.67	0.38
Total Assets	1,308	1,402	712.65	463.3	386.02	284.58
Accounts Payable	41.47	23.09	19.61	27.42	16.61	22.12
Accrued Expenses	7.81	36.34	38.38	28.91	34.34	30.33
Short-Term Debt	1.78	1.65	-	-	-	-
Current Portion of Leases	-	0.67	0.42	-	-	-
Current Income Taxes Payable	10.83	7.13	5.33	12.5	13.71	12.87
Current Unearned Revenue	0.42	0.89	0.61	1.55	11.79	1.29
Other Current Liabilities	191.18	98.38	67.82	19.58	79.09	2.26
Total Current Liabilities	253.48	168.15	132.18	89.96	155.55	68.86
Long-Term Leases	-	-	0.44	0.88	1.27	-
Long-Term Unearned Revenue	0.06	0.07	0.08	0.09	0.1	0.12
Total Liabilities	253.53	168.21	132.7	90.94	156.92	68.97
Common Stock	160.56	160	120	120	120	32
Additional Paid-In Capital	488.02	478.23	69.22	65.25	61.18	0.25
Retained Earnings	412.67	596.01	390.73	187.11	47.93	183.36
Shareholders' Equity	1,054	1,234	579.95	372.36	229.11	215.61
Total Liabilities & Equity	1,308	1,402	712.65	463.3	386.02	284.58
Total Debt	1.78	2.32	0.86	0.88	1.27	-
Net Cash (Debt)	733.09	881.11	287.65	168.05	206.74	112.69
Net Cash Growth	-13.95%	206.31%	71.17%	-18.71%	83.45%	-3.42%
Net Cash Per Share	4.56	6.57	2.40	1.40	1.72	-
Filing Date Shares Outstanding	158.64	160.56	160	120	120	-
Total Common Shares Outstanding	158.64	160	120	120	120	-
Working Capital	677.66	863.79	319.89	237.9	170.83	161.77
Book Value Per Share	6.64	7.71	4.83	3.10	1.91	-
Tangible Book Value	1,031	1,210	553.84	344.66	199.88	184.8
Tangible Book Value Per Share	6.50	7.56	4.62	2.87	1.67	-
Buildings	-	26.35	26.35	26.35	25.62	25.9
Machinery	-	36.94	35.52	35.19	32.62	31.75
Construction In Progress	-	329.17	216.53	50.04	12.67	0.73

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