SHA:603352 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	329.25	154.32	205.43	161.77
Trading Asset Securities	-	1.98	1.59	1.93
Cash & Short-Term Investments	329.25	156.3	207.02	163.71
Cash Growth	-	-24.50%	26.46%	-
Accounts Receivable	1,486	1,207	1,018	916.3
Other Receivables	47.22	50.94	41.46	27.86
Receivables	1,533	1,258	1,060	944.16
Inventory	667.13	430.12	428.45	323.62
Other Current Assets	194.01	128.24	84.66	117.88
Total Current Assets	2,724	1,973	1,780	1,549
Property, Plant & Equipment	1,692	1,317	1,206	1,081
Other Intangible Assets	151.62	139.38	143.02	146.05
Long-Term Accounts Receivable	38.08	20.4	37.05	34.41
Long-Term Deferred Tax Assets	60.95	46.73	29.94	32.51
Long-Term Deferred Charges	300.05	230.47	205.47	181.13
Other Long-Term Assets	83.5	62.01	22.41	126.2
Total Assets	5,050	3,789	3,423	3,151
Accounts Payable	792.14	656.05	578.88	595.97
Accrued Expenses	169.31	118.72	112.74	110.81
Short-Term Debt	615.11	285.88	373.18	351.63
Current Portion of Long-Term Debt	272.34	264.48	62.85	26.32
Current Portion of Leases	104.24	13.51	15.57	12.74
Current Income Taxes Payable	28.11	16.11	7.4	3.62
Current Unearned Revenue	84.32	91.01	92.89	86.45
Other Current Liabilities	77.68	167.85	202.37	243.31
Total Current Liabilities	2,143	1,614	1,446	1,431
Long-Term Debt	949.52	426.61	419.51	260.67
Long-Term Leases	185.7	53.31	18.46	36.05
Long-Term Unearned Revenue	25.95	31.15	28.4	22.84
Long-Term Deferred Tax Liabilities	-	-	-	0
Other Long-Term Liabilities	-	88.78	140.67	187.65
Total Liabilities	3,304	2,213	2,053	1,938
Common Stock	170	170	170	158.7
Additional Paid-In Capital	933.39	932.38	931.14	58.6
Retained Earnings	638.25	473.25	269.29	995.36
Shareholders' Equity	1,746	1,576	1,370	1,213
Total Liabilities & Equity	5,050	3,789	3,423	3,151
Total Debt	2,127	1,044	889.57	687.41
Net Cash (Debt)	-1,798	-887.48	-682.55	-523.7
Net Cash Per Share	-10.56	-5.22	-4.04	-3.41
Filing Date Shares Outstanding	170	170	169.03	153.68
Total Common Shares Outstanding	170	170	169.03	153.68
Working Capital	580.46	359.02	333.84	118.51
Book Value Per Share	10.27	9.27	8.11	7.89
Tangible Book Value	1,594	1,436	1,227	1,067
Tangible Book Value Per Share	9.38	8.45	7.26	6.94
Buildings	512.79	511.05	508.92	493.02
Machinery	1,693	1,602	1,436	1,134
Construction In Progress	409.61	105.09	63.69	115.26

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