SHA:603272 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	80.48	133.02	209.05	301.57	140.29	122.33
Trading Asset Securities	50.34	38.3	31.23	-	-	-
Cash & Short-Term Investments	130.82	171.32	240.28	301.57	140.29	122.33
Cash Growth	-18.18%	-28.70%	-20.32%	114.96%	14.69%	18.40%
Accounts Receivable	60.79	70.06	3.76	3.66	0.11	1.4
Other Receivables	-	-	-	0.08	-	-
Receivables	60.79	70.06	3.76	3.73	0.11	1.4
Inventory	49.34	54.24	58.9	72.38	61.29	52.93
Other Current Assets	15.2	5.07	3.3	6.2	1.05	1.61
Total Current Assets	256.15	300.67	306.25	383.88	202.74	178.27
Property, Plant & Equipment	320.33	330.06	339.73	266.91	140.01	137.1
Long-Term Investments	1.5	18.5	19.54	-	-	-
Goodwill	2.89	2.89	2.89	5.04	-	-
Other Intangible Assets	49.92	50.88	50.71	52.46	53.63	53.85
Long-Term Deferred Tax Assets	5.19	3.28	2.96	0.98	1.79	1.55
Long-Term Deferred Charges	12.65	14.5	17.37	18.21	20.18	19.89
Other Long-Term Assets	1.88	1.93	2.67	2.36	2.11	0.73
Total Assets	650.52	722.74	742.12	729.86	420.45	391.39
Accounts Payable	54	77.22	63.82	31.84	30.77	47.92
Accrued Expenses	2.5	15.83	5.53	7.76	10.74	9.34
Short-Term Debt	10.51	30.02	-	-	-	-
Current Portion of Leases	0.42	0.29	1.08	-	-	-
Current Income Taxes Payable	3.27	1.94	-	1.54	4.11	1.49
Current Unearned Revenue	6.63	8.71	16.15	11.79	9.14	17.64
Other Current Liabilities	7.75	15.92	27.3	25.07	31.2	28.51
Total Current Liabilities	85.08	149.94	113.88	78	85.95	104.9
Long-Term Leases	2.28	2.42	2.73	-	-	-
Long-Term Unearned Revenue	3.44	2.68	2.69	-	-	-
Long-Term Deferred Tax Liabilities	0.98	0	0.01	-	-	-
Other Long-Term Liabilities	0.61	0.89	0.21	0.24	0.42	0.69
Total Liabilities	92.39	155.93	119.52	78.24	86.37	105.59
Common Stock	103.63	103.63	103.63	103.63	77.72	77.72
Additional Paid-In Capital	345.53	345.53	345.37	345.37	59.29	57.85
Retained Earnings	161.45	168.77	173.42	202.25	197.07	150.23
Treasury Stock	-52.5	-51.6	-	-	-	-
Total Common Equity	558.11	566.32	622.42	651.25	334.08	285.8
Minority Interest	0.02	0.49	0.18	0.36	-	-
Shareholders' Equity	558.13	566.81	622.6	651.61	334.08	285.8
Total Liabilities & Equity	650.52	722.74	742.12	729.86	420.45	391.39
Total Debt	13.2	32.73	3.8	-	-	-
Net Cash (Debt)	117.63	138.58	236.48	301.57	140.29	122.33
Net Cash Growth	-25.86%	-41.40%	-21.58%	114.96%	14.69%	18.40%
Net Cash Per Share	1.09	1.40	2.31	3.24	1.80	1.62
Filing Date Shares Outstanding	99.14	99.2	103.63	103.63	77.72	77.72
Total Common Shares Outstanding	99.14	99.2	103.63	103.63	77.72	77.72
Working Capital	171.07	150.74	192.37	305.89	116.79	73.37
Book Value Per Share	5.63	5.71	6.01	6.28	4.30	3.68
Tangible Book Value	505.29	512.54	568.82	593.75	280.45	231.94
Tangible Book Value Per Share	5.10	5.17	5.49	5.73	3.61	2.98
Buildings	-	298.78	102.1	102.1	102.1	102.1
Machinery	-	76.44	71.61	57.74	55.07	46.19
Construction In Progress	-	7.67	202.89	138.87	7.52	5.3

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