SHA:603275 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	708.43	749.07	1,061	51.39	1.5	1.24
Trading Asset Securities	1,466	1,412	1,066	277.52	279.14	183.98
Cash & Short-Term Investments	2,175	2,161	2,127	328.9	280.63	185.22
Cash Growth	3.12%	1.59%	546.69%	17.20%	51.51%	79.81%
Accounts Receivable	462.79	404.96	340.58	264.96	283.28	234.24
Other Receivables	0.65	0.81	0.73	0.13	-	0.08
Receivables	463.44	405.77	341.31	265.09	283.28	234.32
Inventory	190.62	159.6	160.67	156.52	195.53	136.43
Prepaid Expenses	-	0.12	-	0.03	-	-
Other Current Assets	18.11	16.07	18.76	2.15	4.76	3.09
Total Current Assets	2,847	2,742	2,648	752.7	764.2	559.07
Property, Plant & Equipment	366	309.44	238.14	137.23	65.08	68.38
Long-Term Investments	4.98	4.08	3.78	3.66	0.41	-
Other Intangible Assets	59.02	55.45	57.33	59.33	44.61	40.56
Long-Term Deferred Tax Assets	13.97	10.2	7.96	6.81	6.67	7.17
Long-Term Deferred Charges	11.48	6.17	0.86	0.24	0.66	1.81
Other Long-Term Assets	2.65	3.26	6.2	3.33	20	-
Total Assets	3,322	3,131	2,962	963.31	901.63	676.98
Accounts Payable	192.42	138.71	137.85	105.05	138.27	128.28
Accrued Expenses	16.38	25.09	20.9	16.69	15.91	14.54
Short-Term Debt	30.23	2.47	-	16.67	-	15.12
Current Portion of Long-Term Debt	1.27	0.39	-	-	-	-
Current Income Taxes Payable	9.61	8.74	8.43	4.43	3.02	7.16
Current Unearned Revenue	4.35	4.51	2.28	3.51	5.79	4.93
Other Current Liabilities	96.49	114.7	126.74	77.57	136.41	62.99
Total Current Liabilities	350.75	294.61	296.2	223.92	299.4	233.01
Long-Term Debt	-	-	-	-	9.26	9.45
Long-Term Leases	1.89	1.75	-	-	-	-
Long-Term Unearned Revenue	3.79	5.71	2.45	-	2	1
Long-Term Deferred Tax Liabilities	0.15	0.06	0.04	0.06	0.06	-
Other Long-Term Liabilities	14.97	15.33	14.6	12.57	15.07	13.41
Total Liabilities	371.56	317.46	313.3	236.55	325.8	256.88
Common Stock	148.77	148.77	148.77	111.58	111.58	111.03
Additional Paid-In Capital	1,943	1,942	1,940	247.49	243.75	236.34
Retained Earnings	858.64	743.5	559.52	367.32	216.96	70.16
Treasury Stock	-24.94	-24.23	-	-	-	-
Comprehensive Income & Other	0.92	0.36	0.25	0.37	0.35	-
Total Common Equity	2,926	2,811	2,649	726.75	572.64	417.53
Minority Interest	23.89	2.63	-	-	3.18	2.57
Shareholders' Equity	2,950	2,813	2,649	726.75	575.82	420.1
Total Liabilities & Equity	3,322	3,131	2,962	963.31	901.63	676.98
Total Debt	33.4	4.61	-	16.67	9.26	24.56
Net Cash (Debt)	2,141	2,156	2,127	312.24	271.37	160.66
Net Cash Growth	1.65%	1.37%	581.21%	15.06%	68.91%	65.81%
Net Cash Per Share	14.46	14.55	17.15	2.80	2.44	1.58
Filing Date Shares Outstanding	148.17	147.87	148.73	111.58	111.58	101.66
Total Common Shares Outstanding	148.17	147.87	148.77	111.58	111.58	101.66
Working Capital	2,496	2,448	2,352	528.78	464.8	326.05
Book Value Per Share	19.75	19.01	17.80	6.51	5.13	4.11
Tangible Book Value	2,851	2,755	2,591	667.42	528.03	376.97
Tangible Book Value Per Share	19.24	18.63	17.42	5.98	4.73	3.71
Buildings	-	193.36	93.96	93.96	93.96	96.73
Machinery	-	32.61	25.73	15.99	16.8	16.92
Construction In Progress	-	150.01	177.18	80.02	2.15	-

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