SHA:603237 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	314.7	519.92	626.75	903.27	252.24	436.19
Short-Term Investments	-	-	-	50	-	-
Trading Asset Securities	170.09	31.01	-	-	-	170
Cash & Short-Term Investments	484.79	550.92	626.75	953.27	252.24	606.19
Cash Growth	-38.66%	-12.10%	-34.25%	277.93%	-58.39%	102.58%
Accounts Receivable	206.13	42.58	84.28	53.77	42.38	60.93
Other Receivables	27.55	18.44	25.06	22.05	30.15	39.04
Receivables	233.68	61.01	109.34	75.83	72.53	99.97
Inventory	170.73	217.27	197.95	261.62	315.11	266.17
Prepaid Expenses	-	1.18	1.96	2.06	2.57	18.71
Other Current Assets	123.4	55.45	58.54	33.05	60.89	41.46
Total Current Assets	1,013	885.83	994.53	1,326	703.34	1,033
Property, Plant & Equipment	1,213	1,208	1,162	863.48	817.78	240.15
Long-Term Investments	0.25	0.25	0.23	0.84	0.23	2.7
Other Intangible Assets	68.96	72.08	68.2	73.16	90.36	97
Long-Term Deferred Tax Assets	16.2	8.47	10.41	15.61	11.97	12.7
Long-Term Deferred Charges	42.41	33.25	46.13	48.73	48.42	48.52
Other Long-Term Assets	48.59	50.41	53.94	54.45	59.08	87.42
Total Assets	2,402	2,259	2,336	2,382	1,731	1,521
Accounts Payable	250.11	106.14	93.86	124.19	139.82	193.8
Accrued Expenses	51.12	100.14	110.54	106.98	117.97	111.85
Short-Term Debt	1	0.5	-	-	-	210.2
Current Portion of Leases	35.8	40.98	43.53	52.36	61.76	-
Current Income Taxes Payable	16.45	0.46	1.8	12.28	10.99	29.09
Current Unearned Revenue	89.83	80.65	81.48	76.66	80.41	66.96
Other Current Liabilities	119.62	148.57	165.99	178.29	198.05	108.77
Total Current Liabilities	563.93	477.45	497.19	550.76	609	720.67
Long-Term Debt	-	-	-	-	92.26	-
Long-Term Leases	51.02	44.8	59.7	120.64	149.63	-
Long-Term Unearned Revenue	20.23	16.49	12	8.51	7.5	7.97
Long-Term Deferred Tax Liabilities	0.14	0.05	0.2	0.64	-	-
Other Long-Term Liabilities	-	-	-	21.64	21.64	21.64
Total Liabilities	635.32	538.8	569.1	702.2	880.04	750.28
Common Stock	197.13	198.27	143.76	100.74	75.56	75.56
Additional Paid-In Capital	1,103	1,111	1,185	1,133	396.51	396.51
Retained Earnings	606.92	528.78	525.68	442.14	375.77	295.45
Treasury Stock	-143.86	-120.98	-91.42	-	-	-
Comprehensive Income & Other	1.68	1.15	1.32	1.34	1.42	1.16
Total Common Equity	1,765	1,718	1,764	1,677	849.26	768.68
Minority Interest	1.41	2.1	2.61	2.68	1.88	2.05
Shareholders' Equity	1,766	1,720	1,767	1,680	851.14	770.72
Total Liabilities & Equity	2,402	2,259	2,336	2,382	1,731	1,521
Total Debt	87.81	86.28	103.22	173	303.64	210.2
Net Cash (Debt)	396.97	464.64	523.53	780.27	-51.41	396
Net Cash Growth	-44.16%	-11.25%	-32.90%	-	-	47.10%
Net Cash Per Share	2.05	2.39	2.65	4.71	-0.35	2.67
Filing Date Shares Outstanding	191.54	194.66	197.76	197.46	148.09	148.09
Total Common Shares Outstanding	191.54	194.66	198.71	197.46	148.09	148.09
Working Capital	448.67	408.38	497.34	775.06	94.34	311.85
Book Value Per Share	9.22	8.82	8.88	8.49	5.73	5.19
Tangible Book Value	1,696	1,646	1,696	1,604	758.9	671.68
Tangible Book Value Per Share	8.86	8.45	8.53	8.12	5.12	4.54
Buildings	-	1,062	999.57	650.89	294.02	268.5
Machinery	-	272.88	239.55	195.15	214.21	184.97
Construction In Progress	-	66.71	54.07	56.24	352.65	41.33

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