SHA:603312 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	326.79	338.18	78.55	39.43
Short-Term Investments	133.4	206.73	-	-
Trading Asset Securities	80	206.3	-	-
Cash & Short-Term Investments	540.2	751.21	78.55	39.43
Cash Growth	-39.29%	856.36%	99.23%	-
Accounts Receivable	1,586	1,342	879.88	1,053
Other Receivables	8.77	0.84	0.58	13.58
Receivables	1,594	1,343	880.46	1,067
Inventory	204.79	203.72	159.2	173.22
Other Current Assets	30.8	10.34	8.42	1
Total Current Assets	2,370	2,309	1,127	1,280
Property, Plant & Equipment	424.96	315.07	262.45	169.85
Long-Term Investments	30	60	-	-
Other Intangible Assets	54.77	56.37	38.93	13.24
Long-Term Accounts Receivable	-	0.77	0.6	-
Long-Term Deferred Tax Assets	22.53	18.28	11.86	10.19
Long-Term Deferred Charges	2.8	5.15	9.49	5.43
Other Long-Term Assets	11.07	1.62	2.01	1.89
Total Assets	2,916	2,766	1,452	1,481
Accounts Payable	1,039	942.37	596.67	910.83
Accrued Expenses	80.4	41.49	20.04	18.45
Short-Term Debt	50.62	65.11	15.91	37.3
Current Portion of Long-Term Debt	-	-	60.13	30.06
Current Portion of Leases	0.45	1.66	1.44	1.5
Current Income Taxes Payable	22.1	20.9	15.69	7.17
Current Unearned Revenue	3.14	9.84	13.34	6.93
Other Current Liabilities	0.05	2.69	1.08	0.95
Total Current Liabilities	1,195	1,084	724.31	1,013
Long-Term Debt	-	-	85.21	26.78
Long-Term Leases	-	-	-	0.73
Long-Term Unearned Revenue	1.5	-	0.13	0.21
Total Liabilities	1,197	1,084	809.66	1,041
Common Stock	161.6	161.6	121.2	121.2
Additional Paid-In Capital	1,178	1,168	128.47	124.13
Retained Earnings	542.76	515.4	392.63	194.51
Treasury Stock	-163.35	-163.35	-	-
Shareholders' Equity	1,719	1,682	642.3	439.84
Total Liabilities & Equity	2,916	2,766	1,452	1,481
Total Debt	51.07	66.77	162.7	96.38
Net Cash (Debt)	489.12	684.44	-84.16	-56.96
Net Cash Per Share	3.00	4.33	-0.69	-0.47
Filing Date Shares Outstanding	156.85	156.85	121.2	121.66
Total Common Shares Outstanding	156.85	156.85	121.2	121.66
Working Capital	1,175	1,225	402.31	266.98
Book Value Per Share	10.96	10.72	5.30	3.62
Tangible Book Value	1,665	1,625	603.37	426.6
Tangible Book Value Per Share	10.61	10.36	4.98	3.51
Buildings	-	178.52	176.65	92.94
Machinery	-	166.54	108.68	86.27
Construction In Progress	-	35.7	15.93	9.74

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