SHA:603527 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	742.38	183.05	385.84	216.74	188.6	113
Trading Asset Securities	20	-	-	-	-	-
Cash & Short-Term Investments	762.38	183.05	385.84	216.74	188.6	113
Cash Growth	235.29%	-52.56%	78.02%	14.92%	66.89%	-60.81%
Accounts Receivable	1,115	1,207	782.45	668	642.61	434.63
Other Receivables	2.87	2.14	3.05	13.33	82.64	1.75
Receivables	1,118	1,209	785.51	681.34	725.25	436.38
Inventory	1,406	1,103	593.49	520.25	526.59	411.97
Prepaid Expenses	-	0.44	-	-	-	-
Other Current Assets	299.99	248.08	83.56	41.75	55.69	91.68
Total Current Assets	3,586	2,744	1,848	1,460	1,496	1,053
Property, Plant & Equipment	1,229	1,171	1,034	436.22	341.21	289.9
Long-Term Investments	58.19	39.71	37.01	26.98	23.43	10.68
Other Intangible Assets	70.64	74.32	76.17	78.02	39.23	40.29
Long-Term Deferred Tax Assets	41.3	35.55	27.34	21.29	14.89	10.56
Long-Term Deferred Charges	1.53	0.97	1.52	0.15	0.27	0.26
Other Long-Term Assets	43.15	35.1	36.22	145.77	4.83	7.72
Total Assets	5,029	4,100	3,060	2,169	1,920	1,412
Accounts Payable	926.78	397.86	91.35	314.02	148.92	56.7
Accrued Expenses	24.78	74.42	40.65	47.59	44.31	15.81
Short-Term Debt	1,456	1,066	500.39	386.23	581.16	355.49
Current Portion of Long-Term Debt	74.26	98.69	17.35	-	-	-
Current Portion of Leases	-	2.58	2.42	2.31	2.24	-
Current Income Taxes Payable	47.46	10.7	17.6	8.04	11.54	4.73
Current Unearned Revenue	16.37	9.57	9.24	11.16	13.18	6.3
Other Current Liabilities	6.79	108.15	117.79	37.05	9.04	0.98
Total Current Liabilities	2,552	1,768	796.8	806.4	810.4	440.01
Long-Term Debt	187.59	106.27	127.77	84.36	2	-
Long-Term Leases	0.34	2.03	4.61	7.03	9.35	-
Long-Term Unearned Revenue	91.17	89.8	90.55	46.75	32.03	19.6
Long-Term Deferred Tax Liabilities	0.72	0.72	0.72	4	-	-
Other Long-Term Liabilities	-	82.32	82.32	36.59	-	-
Total Liabilities	2,832	2,049	1,103	985.13	853.78	459.61
Common Stock	316.97	316.97	316.97	243.82	243.82	243.82
Additional Paid-In Capital	945.54	942.59	942.38	298.08	298.08	298.08
Retained Earnings	759.73	710.34	630.6	579.09	487.68	379.48
Comprehensive Income & Other	41.11	40.5	40.44	31.36	25.35	26.98
Total Common Equity	2,063	2,010	1,930	1,152	1,055	948.37
Minority Interest	134.18	40.85	27.16	31.01	11.27	4.46
Shareholders' Equity	2,198	2,051	1,958	1,183	1,066	952.83
Total Liabilities & Equity	5,029	4,100	3,060	2,169	1,920	1,412
Total Debt	1,718	1,276	652.54	479.94	594.75	355.49
Net Cash (Debt)	-955.45	-1,093	-266.7	-263.2	-406.15	-242.48
Net Cash Per Share	-3.03	-3.43	-1.00	-1.09	-1.65	-1.01
Filing Date Shares Outstanding	316.97	316.97	316.97	243.82	243.82	243.82
Total Common Shares Outstanding	316.97	316.97	316.97	243.82	243.82	243.82
Working Capital	1,034	975.97	1,052	653.68	685.72	613.02
Book Value Per Share	6.51	6.34	6.09	4.73	4.33	3.89
Tangible Book Value	1,993	1,936	1,854	1,074	1,016	908.09
Tangible Book Value Per Share	6.29	6.11	5.85	4.41	4.17	3.72
Buildings	-	314.51	127.89	126.13	93.69	92.96
Machinery	-	990.7	518.62	468.48	388.35	346.95
Construction In Progress	-	183.6	641.87	49.72	34.63	14.82

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