SHA:603350 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	414.23	614.33	525.92	252.48	204.61	99.63
Short-Term Investments	-	347.92	-	-	-	-
Trading Asset Securities	230.27	189.2	0.37	0.15	0.55	1.81
Cash & Short-Term Investments	644.5	1,151	526.29	252.63	205.16	101.45
Cash Growth	-33.62%	118.78%	108.32%	23.14%	102.23%	242.87%
Accounts Receivable	826.95	430.81	392.72	440.8	313.58	212.8
Other Receivables	2.45	2.85	1.35	0.37	0.15	0.13
Receivables	829.41	433.66	394.07	441.17	313.73	212.93
Inventory	188.98	189.49	130.18	145.67	172.49	104.14
Prepaid Expenses	-	-	-	0.01	0.02	0.69
Other Current Assets	307.83	76.44	43.85	27.11	22.91	8.3
Total Current Assets	1,971	1,851	1,094	866.59	714.31	427.51
Property, Plant & Equipment	173.05	154.93	123.44	91.21	91.33	74.24
Long-Term Investments	9	100	100	-	-	-
Other Intangible Assets	26.72	26.69	26.05	25.59	14.54	14.21
Long-Term Deferred Tax Assets	7.87	5.63	6.38	5.1	3.61	2.46
Long-Term Deferred Charges	2.05	1.32	0.92	0.91	0.9	-
Other Long-Term Assets	226.67	44.83	39.77	37.45	39.73	48.12
Total Assets	2,416	2,184	1,391	1,027	864.41	566.55
Accounts Payable	778.39	667.84	570.71	338.29	349.68	249.39
Accrued Expenses	20.79	31.29	24.88	21.82	20.77	12.23
Short-Term Debt	139.26	26.25	3.22	8.41	7.01	7.01
Current Portion of Leases	-	2.93	2.89	2.13	2.03	-
Current Income Taxes Payable	8.39	4.3	3.91	4.03	10.78	3.19
Current Unearned Revenue	4.01	9.17	5.1	3.41	3.48	9.76
Other Current Liabilities	47.14	6.86	5.7	33.56	23.24	15.95
Total Current Liabilities	997.98	748.65	616.39	411.66	416.99	297.53
Long-Term Leases	7.93	4.6	2.9	1.78	3.89	-
Long-Term Unearned Revenue	-	-	-	-	0.15	0.3
Long-Term Deferred Tax Liabilities	-	-	0.87	-	0.05	0.01
Other Long-Term Liabilities	90.55	74.3	42.5	34.42	18.08	9.23
Total Liabilities	1,096	827.55	662.66	447.87	439.16	307.07
Common Stock	116.42	116	87	87	87	82
Additional Paid-In Capital	616.04	606	120.28	119.26	116.93	40.22
Retained Earnings	581.12	630.36	520.4	372.48	221.61	137.31
Comprehensive Income & Other	2.07	-0.43	0.46	-0.01	-0.28	-0.05
Total Common Equity	1,316	1,352	728.15	578.73	425.26	259.48
Minority Interest	3.94	4.96	0.16	0.25	-	-
Shareholders' Equity	1,320	1,357	728.31	578.98	425.26	259.48
Total Liabilities & Equity	2,416	2,184	1,391	1,027	864.41	566.55
Total Debt	147.19	33.79	9.01	12.33	12.93	7.01
Net Cash (Debt)	497.31	1,118	517.28	240.3	192.23	94.44
Net Cash Growth	-48.13%	116.06%	115.27%	25.00%	103.55%	-
Net Cash Per Share	4.24	10.98	5.95	2.76	2.30	1.15
Filing Date Shares Outstanding	116.42	116	87	87.21	87	82.25
Total Common Shares Outstanding	116.42	116	87	87.21	87	82.25
Working Capital	972.73	1,102	478.01	454.93	297.32	129.98
Book Value Per Share	11.30	11.65	8.37	6.64	4.89	3.15
Tangible Book Value	1,289	1,325	702.1	553.15	410.72	245.27
Tangible Book Value Per Share	11.07	11.42	8.07	6.34	4.72	2.98
Buildings	-	77.99	78	77.93	76.22	68.65
Machinery	-	71.94	55.8	47.29	39.79	30.43
Construction In Progress	-	56.09	32.42	1.34	0.61	1.62

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