SHA:603255 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	215.02	245.32	538.61	423.62	50.66	27.94
Cash & Short-Term Investments	215.02	245.32	538.61	423.62	50.66	27.94
Cash Growth	119.45%	-54.45%	27.14%	736.26%	81.33%	-60.80%
Accounts Receivable	358.23	314.39	331.6	371.16	281.39	283.53
Other Receivables	15.11	1.78	7.44	9.27	30.36	5.14
Receivables	373.33	521.92	339.04	380.44	311.75	288.68
Inventory	325.02	214.42	217.04	213.17	155.51	107.6
Other Current Assets	381.25	166.82	28.2	26.11	30.95	22.73
Total Current Assets	1,295	1,148	1,123	1,043	548.86	446.95
Property, Plant & Equipment	3,720	1,940	652.53	583.48	533.33	425.32
Long-Term Investments	27.35	30.16	22.01	20.5	19.74	29.54
Other Intangible Assets	294.78	298.49	58.54	60	40.75	41.82
Long-Term Deferred Tax Assets	20.06	17.76	3.8	6.11	4.46	5.71
Long-Term Deferred Charges	33.21	37.26	27.96	24.39	13.48	6.24
Other Long-Term Assets	687.69	608.42	153.36	23.83	11.67	24.32
Total Assets	6,078	4,080	2,041	1,762	1,172	979.89
Accounts Payable	450.51	691.97	113.04	106.96	75.21	56.49
Accrued Expenses	14.11	28.59	8.77	11.77	11.89	10.64
Short-Term Debt	814.69	1,051	288.35	74.63	154.25	107.16
Current Portion of Long-Term Debt	-	-	-	-	47.73	32.79
Current Portion of Leases	0.78	51.65	-	-	-	-
Current Income Taxes Payable	15.8	12.45	0.2	-	2.91	0.29
Current Unearned Revenue	2.49	7.2	0.13	3.47	2.97	0.08
Other Current Liabilities	5.34	43.2	5.76	24.77	43.46	39.82
Total Current Liabilities	1,304	1,886	416.25	221.6	338.42	247.26
Long-Term Debt	2,573	-	-	-	68.25	115.57
Long-Term Leases	5.43	53.13	-	-	-	-
Long-Term Unearned Revenue	76.01	69.01	-	-	-	-
Long-Term Deferred Tax Liabilities	39.45	28.88	31.62	33.09	28.49	19.69
Other Long-Term Liabilities	-	4.99	-	-	-	-
Total Liabilities	3,998	2,042	447.87	254.69	435.16	382.52
Common Stock	134.61	134.51	134.48	133.47	100.1	100.1
Additional Paid-In Capital	911.61	913.7	904.22	869.01	245.48	241.33
Retained Earnings	540.65	531.55	549.92	498.57	388.46	253.74
Comprehensive Income & Other	1.42	0.36	4.6	5.91	3.1	2.2
Total Common Equity	1,588	1,580	1,593	1,507	737.14	597.37
Minority Interest	491.66	457.68	-	-	-	-
Shareholders' Equity	2,080	2,038	1,593	1,507	737.14	597.37
Total Liabilities & Equity	6,078	4,080	2,041	1,762	1,172	979.89
Total Debt	3,394	1,156	288.35	74.63	270.22	255.52
Net Cash (Debt)	-3,179	-910.67	250.26	348.99	-219.57	-227.58
Net Cash Growth	-	-	-28.29%	-	-	-
Net Cash Per Share	-24.20	-6.76	1.88	3.14	-2.20	-2.27
Filing Date Shares Outstanding	134.61	134.51	135.53	133.47	100.1	100.1
Total Common Shares Outstanding	134.61	134.51	134.48	133.47	100.1	100.1
Working Capital	-9.1	-737.79	706.64	821.75	210.44	199.69
Book Value Per Share	11.80	11.75	11.85	11.29	7.36	5.97
Tangible Book Value	1,294	1,282	1,535	1,447	696.39	555.55
Tangible Book Value Per Share	9.61	9.53	11.41	10.84	6.96	5.55
Buildings	-	236	184.62	160.46	138.93	90.45
Machinery	-	485.96	423.22	391.07	343.02	237.11
Construction In Progress	-	1,451	239.74	179.42	159.09	177.98

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.