SHA:603231 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	159.19	320.11	1,073	88.05	122.98	70.27
Trading Asset Securities	656.34	500.23	-	0.82	-	60.54
Cash & Short-Term Investments	815.52	820.34	1,073	88.87	122.98	130.81
Cash Growth	-9.18%	-23.56%	1107.56%	-27.74%	-5.98%	16.76%
Accounts Receivable	151.79	170.78	186.22	156.21	123.16	97.48
Other Receivables	17.4	5.21	3.06	7.11	6.48	12.83
Receivables	169.19	175.99	189.28	163.32	129.64	110.31
Inventory	258.98	279.4	215.14	243.66	188.98	130.67
Prepaid Expenses	-	-	0.08	9.31	-	-
Other Current Assets	49.42	21.2	11.16	9.88	34.21	18.96
Total Current Assets	1,293	1,297	1,489	515.04	475.81	390.75
Property, Plant & Equipment	800.34	705.72	616.98	563.25	430.91	320.47
Long-Term Investments	11.6	13.71	14.54	14.94	11.57	2.87
Other Intangible Assets	60.3	61.69	59.37	45.49	46.98	33.46
Long-Term Deferred Tax Assets	3.98	3.96	4.08	4.88	4.09	2.36
Other Long-Term Assets	4.5	2.65	2	1.31	5.4	3.36
Total Assets	2,174	2,085	2,186	1,145	974.76	753.27
Accounts Payable	102.28	92.07	81.09	179.34	142.07	60.23
Accrued Expenses	16.52	32.96	41.51	31.09	17.32	15.3
Short-Term Debt	23.77	23.77	83.83	85.11	103.14	20.03
Current Portion of Leases	0.71	0.71	0.74	0.66	0.91	-
Current Income Taxes Payable	14.17	6.48	6.05	2.53	9.53	7.92
Current Unearned Revenue	12.4	5.57	6.42	8.21	8.49	10.89
Other Current Liabilities	20.48	29.26	15.74	16.9	4.64	4.45
Total Current Liabilities	190.33	190.83	235.37	323.84	286.11	118.83
Long-Term Leases	-	-	0.22	-	0.16	-
Long-Term Unearned Revenue	13.55	12.63	8.57	6.34	-	-
Long-Term Deferred Tax Liabilities	6.27	6.77	8.05	8.8	0.45	0.05
Other Long-Term Liabilities	-	-	-	3.31	-	0.06
Total Liabilities	210.14	210.23	252.21	342.29	286.72	118.94
Common Stock	191.46	191.46	191.46	143.59	143.59	143.59
Additional Paid-In Capital	1,237	1,237	1,322	337.9	333.91	332.34
Retained Earnings	534.72	445.47	420.02	321.13	210.54	158.4
Comprehensive Income & Other	0.01	-0.01	-	-	-	-
Shareholders' Equity	1,964	1,874	1,934	802.62	688.05	634.34
Total Liabilities & Equity	2,174	2,085	2,186	1,145	974.76	753.27
Total Debt	24.48	24.49	84.8	85.77	104.21	20.03
Net Cash (Debt)	791.04	795.85	988.35	3.1	18.77	110.78
Net Cash Growth	-9.41%	-19.48%	31800.49%	-83.50%	-83.05%	51.81%
Net Cash Per Share	4.12	4.14	7.11	0.02	0.13	0.77
Filing Date Shares Outstanding	191.46	191.46	191.46	143.59	143.59	143.74
Total Common Shares Outstanding	191.46	191.46	191.46	143.59	143.59	143.74
Working Capital	1,103	1,106	1,253	191.21	189.7	271.93
Book Value Per Share	10.26	9.79	10.10	5.59	4.79	4.41
Tangible Book Value	1,903	1,813	1,874	757.14	641.06	600.87
Tangible Book Value Per Share	9.94	9.47	9.79	5.27	4.46	4.18
Buildings	-	406.78	400.99	320.86	257.38	216.49
Machinery	-	751.53	708.97	630.43	494.73	439.26
Construction In Progress	-	92.62	10.33	36.47	64.09	25.19

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