SHA:603284 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	359.07	301.4	419.45	187.33
Cash & Short-Term Investments	359.07	301.4	419.45	187.33
Cash Growth	-	-28.14%	123.90%	-
Accounts Receivable	185.5	225.85	256.1	274.99
Other Receivables	6.74	0.1	0.67	2.22
Receivables	192.25	225.95	256.76	277.21
Inventory	102.38	129.82	134.84	201.94
Other Current Assets	19.72	9.16	14.14	59.73
Total Current Assets	673.41	666.33	825.18	726.21
Property, Plant & Equipment	1,815	1,132	986.57	1,006
Long-Term Investments	30.94	31.93	27.45	30.34
Other Intangible Assets	90.39	91.97	63.16	64.64
Other Long-Term Assets	23.52	218.52	29.89	19.89
Total Assets	2,633	2,141	1,932	1,847
Accounts Payable	207.22	311.01	149.92	204.5
Accrued Expenses	23.49	85.49	87.76	67.49
Short-Term Debt	249.7	90.09	130.15	196.73
Current Portion of Long-Term Debt	78.74	67.1	121.37	140.59
Current Portion of Leases	-	-	-	2.3
Current Unearned Revenue	9.58	6.61	4.3	4.86
Other Current Liabilities	136.24	60.74	89.28	80.98
Total Current Liabilities	772.84	621.04	582.79	697.45
Long-Term Debt	334	112.4	176.4	205.86
Long-Term Unearned Revenue	67.27	68.33	6.3	1.88
Other Long-Term Liabilities	3	5.34	8.22	10.19
Total Liabilities	1,177	807.11	773.71	915.38
Common Stock	56.56	56.56	56.56	56.56
Additional Paid-In Capital	735.73	722.39	704.45	686.06
Retained Earnings	674.74	564.93	412.08	200.49
Comprehensive Income & Other	-11.06	-10.07	-14.55	-11.66
Shareholders' Equity	1,456	1,334	1,159	931.45
Total Liabilities & Equity	2,633	2,141	1,932	1,847
Total Debt	662.44	269.59	427.93	545.48
Net Cash (Debt)	-303.38	31.81	-8.48	-358.15
Net Cash Per Share	-5.26	0.56	-0.15	-6.33
Filing Date Shares Outstanding	56.56	56.56	56.57	56.58
Total Common Shares Outstanding	56.56	56.56	56.57	56.58
Working Capital	-99.43	45.29	242.4	28.76
Book Value Per Share	25.74	23.58	20.48	16.46
Tangible Book Value	1,366	1,242	1,095	866.81
Tangible Book Value Per Share	24.14	21.96	19.36	15.32
Buildings	472.7	434.7	-	-
Machinery	1,348	1,012	-	-
Construction In Progress	716.24	315	-	-

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