SHA:603402 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	1,286	1,889	497.69	190.42	174.83	147.82
Cash & Short-Term Investments	1,286	1,889	497.69	190.42	174.83	147.82
Cash Growth	-	279.58%	161.36%	8.92%	18.27%	-40.87%
Accounts Receivable	47.17	61.49	30.42	28.93	17.96	41.81
Other Receivables	20.98	7.74	0.9	0.69	0.89	0.87
Receivables	68.15	69.23	31.32	29.61	18.85	42.68
Inventory	17.14	35.45	19.24	25.58	24.49	29.22
Prepaid Expenses	0	11.19	0	0.72	0	-
Other Current Assets	21.8	30.78	17.19	11.81	24.72	8.86
Total Current Assets	1,393	2,036	565.45	258.15	242.88	228.58
Property, Plant & Equipment	702.8	1,258	555.5	480.9	502.07	521.16
Other Intangible Assets	186.4	177	90.99	95.29	99.62	86.95
Long-Term Deferred Tax Assets	49.17	86.27	37.9	35.03	30.78	28.63
Long-Term Deferred Charges	37.09	81.62	41.02	46.68	46.87	7.99
Other Long-Term Assets	11.97	21.03	15.08	33.07	50.12	33.74
Total Assets	2,381	3,660	1,306	949.1	972.33	907.05
Accounts Payable	63.76	135.12	57.63	41.59	39.43	20.72
Accrued Expenses	321.61	43.21	26.24	225.32	19.21	194.41
Short-Term Debt	-	-	50.06	-	30.03	-
Current Portion of Long-Term Debt	55.19	26.26	26.51	35.71	7.69	8.6
Current Portion of Leases	4.18	1.8	1.64	1.8	2.5	-
Current Income Taxes Payable	36.47	21.04	8.47	0.3	0.3	4.93
Current Unearned Revenue	30.91	26.23	23.88	6.54	6.72	9.77
Other Current Liabilities	25.75	641.66	268.21	31.41	217.73	20.38
Total Current Liabilities	537.86	895.32	462.64	342.65	323.61	258.8
Long-Term Debt	136.2	336.41	149.2	131.56	71.38	48.1
Long-Term Leases	14.22	8.21	8.26	9.12	9.55	-
Long-Term Unearned Revenue	8.08	10.84	5.88	6.33	4.46	4.78
Long-Term Deferred Tax Liabilities	2.99	1.79	0.88	1.02	-	-
Other Long-Term Liabilities	-	8.21	-	-	-	-
Total Liabilities	699.35	1,261	626.86	490.69	408.99	311.68
Common Stock	58	116	58	58	58	58
Additional Paid-In Capital	36.79	73.57	36.79	36.79	36.79	36.79
Retained Earnings	1,262	1,898	446.1	245.32	319.92	284.24
Comprehensive Income & Other	2.49	4.02	2.33	1.54	1.3	10.3
Total Common Equity	1,359	2,092	543.21	341.65	416.01	389.33
Minority Interest	322.32	307.07	135.86	116.76	147.33	206.04
Shareholders' Equity	1,681	2,399	679.08	458.41	563.34	595.37
Total Liabilities & Equity	2,381	3,660	1,306	949.1	972.33	907.05
Total Debt	209.79	372.68	235.67	178.19	121.15	56.7
Net Cash (Debt)	1,076	1,516	262.02	12.23	53.67	91.12
Net Cash Growth	-	478.75%	2041.88%	-77.21%	-41.10%	-37.16%
Net Cash Per Share	18.56	26.14	4.52	0.21	0.93	1.58
Filing Date Shares Outstanding	58	58	58	58	58	58
Total Common Shares Outstanding	58	58	58	58	58	58
Working Capital	855.28	1,140	102.81	-84.51	-80.73	-30.22
Book Value Per Share	23.43	36.07	9.37	5.89	7.17	6.71
Tangible Book Value	1,173	1,915	452.23	246.36	316.38	302.38
Tangible Book Value Per Share	20.22	33.01	7.80	4.25	5.45	5.21
Buildings	527.41	512.26	512.19	526.94	526.94	530.09
Machinery	561.42	490.27	493.84	473.84	463.23	434.19
Construction In Progress	291.4	266.65	149.95	45	15.29	12.92

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