SHA:603351 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	367.35	247.2	157.55	99.83	66.26	75.56
Trading Asset Securities	3	-	1.25	1.11	26.24	196.71
Cash & Short-Term Investments	370.35	247.2	158.8	100.93	92.5	272.27
Cash Growth	118.02%	55.67%	57.33%	9.12%	-66.03%	-47.87%
Accounts Receivable	272.95	238.39	240.02	168.79	203.98	97.18
Other Receivables	5.39	4.4	4.9	5.85	2.39	0.52
Receivables	278.34	242.79	244.92	174.64	206.37	97.69
Inventory	207.06	202.02	170.58	165.13	142.44	115.05
Other Current Assets	39.44	25.19	25.13	29.58	23.38	15.54
Total Current Assets	895.19	717.21	599.42	470.29	464.69	500.55
Property, Plant & Equipment	1,433	1,449	1,499	1,482	1,212	940.8
Long-Term Investments	117.65	83.41	71.29	68.79	40	40
Other Intangible Assets	108.9	111.91	98.37	93.53	77.48	78.49
Long-Term Deferred Tax Assets	4.92	6.9	9.25	5.98	11.69	1.42
Long-Term Deferred Charges	0.92	0.28	0.35	1.33	2.43	3.43
Other Long-Term Assets	24.68	12.25	1.23	16.58	33.42	71.72
Total Assets	2,585	2,381	2,279	2,138	1,841	1,636
Accounts Payable	113.03	98.76	105.82	124.54	144.34	168.44
Accrued Expenses	25.75	34.81	31.6	35.7	21.13	18.74
Short-Term Debt	509.26	376.2	362.22	360.45	171.19	90.13
Current Portion of Long-Term Debt	11.69	50.39	11.9	1.55	11.41	14.73
Current Portion of Leases	-	7.34	8.77	7.67	3.69	-
Current Income Taxes Payable	12.47	4.58	6.83	8.44	0.39	3.87
Current Unearned Revenue	6.21	5.4	7.98	9.09	16.3	7.73
Other Current Liabilities	18.08	18.43	22.62	32.58	54.25	3.99
Total Current Liabilities	696.49	595.9	557.75	580.02	422.7	307.63
Long-Term Debt	71.5	35	85.3	40	-	11.41
Long-Term Leases	18.86	12.32	18.76	16.38	13.6	-
Long-Term Unearned Revenue	13.93	13.88	12.71	6.5	6.74	6
Long-Term Deferred Tax Liabilities	18.53	15.62	11.7	12.85	12.98	11.71
Total Liabilities	819.31	672.72	686.22	655.76	456.01	336.75
Common Stock	135.44	135.44	135.44	135.48	135.48	130.67
Additional Paid-In Capital	939.81	942.9	941.36	930.15	907.52	842.19
Retained Earnings	683.31	623.42	517.63	443.36	388.98	326.81
Treasury Stock	-	-	-12.79	-28.7	-49.27	-
Comprehensive Income & Other	0.55	0.16	2.79	-	-	-
Total Common Equity	1,759	1,702	1,584	1,480	1,383	1,300
Minority Interest	7.04	6.27	8.26	2.11	2.71	-
Shareholders' Equity	1,766	1,708	1,593	1,482	1,385	1,300
Total Liabilities & Equity	2,585	2,381	2,279	2,138	1,841	1,636
Total Debt	611.3	481.25	486.96	426.06	199.89	116.27
Net Cash (Debt)	-240.96	-234.05	-328.16	-325.13	-107.39	156
Net Cash Growth	-	-	-	-	-	-62.86%
Net Cash Per Share	-1.78	-1.73	-2.43	-2.43	-0.81	1.20
Filing Date Shares Outstanding	135.44	135.44	135.44	135.48	135.48	130.67
Total Common Shares Outstanding	135.44	135.44	135.44	135.48	135.48	130.67
Working Capital	198.7	121.3	41.67	-109.74	42	192.92
Book Value Per Share	12.99	12.57	11.70	10.93	10.21	9.95
Tangible Book Value	1,650	1,590	1,486	1,387	1,305	1,221
Tangible Book Value Per Share	12.18	11.74	10.97	10.24	9.63	9.35
Buildings	-	570.61	426.51	276.49	213.79	129.73
Machinery	-	1,167	883.91	616	551.21	307.92
Construction In Progress	-	128.71	494.95	835.2	643.27	680.97

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