SHA:603281 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	3,713	3,320	3,464	1,747	728.74	476.7
Trading Asset Securities	151.96	757.52	200.03	37.89	9.09	-
Cash & Short-Term Investments	3,865	4,078	3,664	1,785	737.83	476.7
Cash Growth	3.07%	11.28%	105.31%	141.90%	54.78%	-51.83%
Accounts Receivable	262.98	325.48	320.12	418.48	517.38	228.09
Other Receivables	4.39	8.37	8.26	7.73	23.98	12.54
Receivables	267.37	333.86	328.38	426.21	541.36	240.63
Inventory	163.5	164.14	167.63	229.23	269.62	121.33
Prepaid Expenses	-	0.08	-	-	0.27	-
Other Current Assets	113.22	18.99	405.45	11.9	8.55	17.75
Total Current Assets	4,409	4,595	4,566	2,452	1,558	856.41
Property, Plant & Equipment	756.4	644	515.6	414.12	318.38	184.43
Other Intangible Assets	63.41	64.74	66.33	66.56	68.03	34.44
Long-Term Deferred Tax Assets	-	-	-	8.6	7.68	4.19
Other Long-Term Assets	9.91	8.73	14.87	6.74	1.11	27.37
Total Assets	5,239	5,312	5,163	2,948	1,953	1,107
Accounts Payable	196.67	107.9	111.78	167.71	274.07	135.16
Accrued Expenses	115.89	145.44	169.42	203.95	124.23	66.68
Short-Term Debt	-	-	-	-	58.05	-
Current Income Taxes Payable	9.79	18.86	20.73	52.56	72.77	-
Current Unearned Revenue	11.95	21.07	14.75	58.05	20.6	10.36
Other Current Liabilities	1.25	22.31	27.52	25.22	34.28	204.07
Total Current Liabilities	335.54	315.59	344.22	507.49	584.01	416.27
Long-Term Unearned Revenue	37.77	37.72	39.88	38.76	23.68	15.37
Long-Term Deferred Tax Liabilities	16.52	10.31	4.63	15.38	5.94	4.1
Total Liabilities	539.83	363.61	388.73	561.63	613.63	435.74
Common Stock	373.33	373.33	373.33	200	200	200
Additional Paid-In Capital	2,268	2,268	2,268	382.45	382.45	382.45
Retained Earnings	2,293	2,340	2,111	1,776	736.21	66.69
Treasury Stock	-250.06	-50.03	-	-	-	-
Comprehensive Income & Other	14.22	17.11	21.33	27.87	20.53	21.96
Shareholders' Equity	4,699	4,948	4,774	2,387	1,339	671.1
Total Liabilities & Equity	5,239	5,312	5,163	2,948	1,953	1,107
Total Debt	150	-	-	-	58.05	-
Net Cash (Debt)	3,715	4,078	3,664	1,785	679.78	476.7
Net Cash Growth	-0.93%	11.28%	105.31%	162.56%	42.60%	-51.83%
Net Cash Per Share	10.08	10.97	9.96	5.82	2.43	1.70
Filing Date Shares Outstanding	363.26	371.29	373.33	373.33	280	280
Total Common Shares Outstanding	363.26	371.29	373.33	280	280	280
Working Capital	4,073	4,279	4,222	1,945	973.62	440.14
Book Value Per Share	12.94	13.33	12.79	8.52	4.78	2.40
Tangible Book Value	4,636	4,884	4,708	2,320	1,271	636.66
Tangible Book Value Per Share	12.76	13.15	12.61	8.29	4.54	2.27
Buildings	-	168.29	155.93	144.53	133.44	80.66
Machinery	-	620.43	555.5	491.81	326.62	278.86
Construction In Progress	-	255.99	150.95	76.1	119.48	59.12

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