SHA:603248 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	329.64	224.2	222.77	161.93	237.49	77.01
Trading Asset Securities	-	-	-	1.42	27	13.5
Cash & Short-Term Investments	329.64	224.2	222.77	163.34	264.49	90.51
Cash Growth	47.97%	0.64%	36.38%	-38.24%	192.22%	-
Accounts Receivable	595.24	346.58	282.47	271.21	273.2	271.65
Other Receivables	11.32	72.96	98.98	82.83	30.09	44.1
Receivables	606.57	419.54	381.45	354.04	318.13	329.29
Inventory	149.72	136.18	90.17	126.34	109.71	97.69
Other Current Assets	20.06	24.38	13.25	21.78	11.84	33.87
Total Current Assets	1,106	804.3	707.65	665.5	704.16	551.36
Property, Plant & Equipment	817.13	712.08	505.35	404.9	259.95	235.91
Other Intangible Assets	131.22	132.66	134.44	136.85	56.16	22.79
Long-Term Deferred Tax Assets	5.64	4.86	4.14	6.88	4.49	4.46
Long-Term Deferred Charges	2.42	2.84	1.69	0.61	0.65	0.62
Other Long-Term Assets	75.54	22.09	60.74	41.72	37.81	18.57
Total Assets	2,138	1,679	1,414	1,256	1,063	833.71
Accounts Payable	250.87	194.81	169.67	227.09	258.34	202.08
Accrued Expenses	21.94	25.39	15.92	19.77	15.16	25.32
Short-Term Debt	200.11	100.06	80.07	46.26	39.95	14.93
Current Portion of Long-Term Debt	36.99	3.88	0.02	1.23	-	-
Current Portion of Leases	-	0.36	0.83	1.57	0.96	-
Current Income Taxes Payable	17.82	11.1	10.58	14.91	17.25	47.15
Current Unearned Revenue	6.79	7.35	7.91	6.03	3	2.28
Other Current Liabilities	20	34.3	27.88	30.97	2.77	10.18
Total Current Liabilities	554.52	377.26	312.88	347.82	337.43	301.93
Long-Term Debt	183.6	72.6	24.41	25.6	-	-
Long-Term Leases	0.11	0.36	0.02	0.79	0.21	-
Long-Term Unearned Revenue	23.46	24.96	26.95	21.13	8.16	6.84
Long-Term Deferred Tax Liabilities	32.81	25.58	24.08	25.09	20.72	13.07
Total Liabilities	794.51	500.74	388.34	420.44	366.52	321.84
Common Stock	360	360	360	360	3	3
Additional Paid-In Capital	192.68	187.62	177.19	164.2	74.29	20
Retained Earnings	791.93	630.36	488.43	311.78	579.41	403.63
Comprehensive Income & Other	-1.19	0.12	0.06	0.05	0.04	0.02
Total Common Equity	1,343	1,178	1,026	836.02	656.75	426.65
Minority Interest	-	-	-	-	39.95	85.22
Shareholders' Equity	1,343	1,178	1,026	836.02	696.7	511.87
Total Liabilities & Equity	2,138	1,679	1,414	1,256	1,063	833.71
Total Debt	420.81	177.26	105.34	75.44	41.12	14.93
Net Cash (Debt)	-91.18	46.94	117.42	87.9	223.36	75.58
Net Cash Growth	-	-60.02%	33.59%	-60.65%	195.53%	-
Net Cash Per Share	-0.25	0.13	0.33	0.24	-	-
Filing Date Shares Outstanding	-	360	360.51	360	-	-
Total Common Shares Outstanding	-	360	360.51	360	-	-
Working Capital	551.46	427.05	394.76	317.68	366.73	249.42
Book Value Per Share	-	3.27	2.85	2.32	-	-
Tangible Book Value	1,212	1,045	891.23	699.17	600.59	403.86
Tangible Book Value Per Share	-	2.90	2.47	1.94	-	-
Buildings	-	167.48	140.28	120.32	97.95	94.8
Machinery	-	660.82	471.27	403.15	313.66	269.66
Construction In Progress	-	176.16	134.22	74.09	8.96	8.69

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