SHA:603496 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	299.89	308.97	442.64	301.4	332.52	155.05
Trading Asset Securities	50.21	-	-	24.09	-	-
Cash & Short-Term Investments	350.09	308.97	442.64	325.49	332.52	155.05
Cash Growth	80.18%	-30.20%	35.99%	-2.11%	114.45%	-37.69%
Accounts Receivable	633.38	640.13	591.1	335.02	264.01	307.81
Other Receivables	1.55	8.8	1.1	77.94	38.09	-
Receivables	634.93	648.94	592.2	412.96	302.1	307.81
Inventory	391.26	436.16	366.97	450.37	533.78	401.93
Other Current Assets	22.37	19.21	529.78	20.22	28.53	20.96
Total Current Assets	1,399	1,413	1,932	1,209	1,197	885.74
Property, Plant & Equipment	344.77	367.72	271.38	233.26	197.03	163.18
Long-Term Investments	140.07	146.98	162.41	185.25	147.27	96.45
Other Intangible Assets	14.33	14.72	15.33	15.45	16.25	4.48
Long-Term Accounts Receivable	25.45	40.01	35.55	44.41	38.99	-
Long-Term Deferred Tax Assets	16.92	15.5	13.96	11.04	7.06	4.62
Long-Term Deferred Charges	5.89	7.07	9.05	7.98	9.68	12.39
Other Long-Term Assets	0.84	0.97	1.14	1.31	1.48	1.65
Total Assets	1,947	2,006	2,440	1,708	1,615	1,169
Accounts Payable	228.55	208.69	149.52	125.69	284.24	195.58
Accrued Expenses	3.89	37.6	57.12	51.11	15.37	13.89
Short-Term Debt	268.3	272.1	214.25	221.41	118	110
Current Portion of Long-Term Debt	15.98	38.77	6.44	-	-	3.67
Current Portion of Leases	-	6.89	1.09	0.78	3.46	-
Current Income Taxes Payable	4.09	3.72	6.31	3.52	0.18	0.12
Current Unearned Revenue	11.25	21.8	535.6	12.69	5.63	8.43
Other Current Liabilities	6.14	7.61	87.63	19.21	8.59	21.26
Total Current Liabilities	538.18	597.18	1,058	434.41	435.46	352.95
Long-Term Debt	-	30	23.77	-	-	0.91
Long-Term Leases	11.89	14.68	0.63	0.64	0.16	-
Long-Term Unearned Revenue	0.65	0.85	-	0.37	-	1.7
Long-Term Deferred Tax Liabilities	2.45	2.42	3.27	7.19	5.24	1.26
Other Long-Term Liabilities	1.27	1.27	-	-	-	-
Total Liabilities	554.44	646.4	1,086	442.6	440.86	356.82
Common Stock	320.21	320.21	320.21	227.8	227.95	200.86
Additional Paid-In Capital	525.21	525.21	523.03	590.63	577.67	304.15
Retained Earnings	547.23	514.62	510.25	447.47	370.37	327.52
Treasury Stock	-	-	-	-	-1.96	-17.36
Comprehensive Income & Other	1.09	0.6	0.35	-	0.16	-
Total Common Equity	1,394	1,361	1,354	1,266	1,174	815.17
Minority Interest	-1.26	-0.8	0.93	-0.76	-0.38	-3.46
Shareholders' Equity	1,392	1,360	1,355	1,265	1,174	811.71
Total Liabilities & Equity	1,947	2,006	2,440	1,708	1,615	1,169
Total Debt	296.17	362.44	246.19	222.83	121.62	114.58
Net Cash (Debt)	53.93	-53.47	196.45	102.66	210.9	40.47
Net Cash Growth	-	-	91.36%	-51.32%	421.09%	-82.06%
Net Cash Per Share	0.17	-0.17	0.63	0.37	0.72	0.14
Filing Date Shares Outstanding	320.21	320.21	320.21	320.21	319.14	281.21
Total Common Shares Outstanding	320.21	320.21	320.21	318.92	319.14	281.21
Working Capital	860.47	816.11	873.63	774.64	761.47	532.79
Book Value Per Share	4.35	4.25	4.23	3.97	3.68	2.90
Tangible Book Value	1,379	1,346	1,339	1,250	1,158	810.68
Tangible Book Value Per Share	4.31	4.20	4.18	3.92	3.63	2.88
Buildings	-	267.63	267.63	151.73	151.73	151.73
Machinery	-	72.92	57.17	46.24	45.48	36.58
Construction In Progress	-	0.34	0.57	77.84	30.09	0.14

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