SHA:603577 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	237.78	182.72	495.22	413.03	393.05	93.86
Short-Term Investments	-	-	-	-	0.17	-
Trading Asset Securities	100	-	90.92	-	10.05	9.01
Cash & Short-Term Investments	337.78	182.72	586.15	413.03	403.27	102.87
Cash Growth	46.88%	-68.83%	41.91%	2.42%	292.03%	-66.26%
Accounts Receivable	3,213	3,046	2,518	2,215	1,719	825.68
Other Receivables	17.51	9.18	7.92	10.08	15	11.06
Receivables	3,231	3,055	2,526	2,225	1,734	836.74
Inventory	1,219	955.25	1,271	1,473	1,484	966.89
Prepaid Expenses	-	0	0.08	4.11	1.81	1.32
Other Current Assets	115.46	79.33	120.77	266.6	77.32	26.74
Total Current Assets	4,903	4,273	4,504	4,382	3,700	1,935
Property, Plant & Equipment	1,057	1,126	1,149	1,005	754.17	457.31
Goodwill	112.12	112.12	112.12	137.67	137.67	-
Other Intangible Assets	280.37	293.05	293.48	299	232.86	106.55
Long-Term Accounts Receivable	-	-	-	-	0.23	-
Long-Term Deferred Tax Assets	47.14	46.16	60.27	44.64	34.32	13.1
Long-Term Deferred Charges	1.94	1.3	3.21	4.96	3.37	-
Other Long-Term Assets	10.68	7.77	33.61	62.07	73.42	60.52
Total Assets	6,412	5,859	6,156	5,935	4,936	2,572
Accounts Payable	726.67	657.36	719.3	794.99	686.21	174.51
Accrued Expenses	68.66	181.31	172.06	162.21	98.69	57.54
Short-Term Debt	1,935	1,699	2,482	2,080	1,590	705.92
Current Portion of Long-Term Debt	431.47	543.41	296.3	153.29	167.93	-
Current Portion of Leases	-	19.01	36.17	36.44	9.67	-
Current Income Taxes Payable	133.27	15.68	14.37	2.88	1.66	5.44
Current Unearned Revenue	242.17	78.7	119.9	205.11	179.15	90.87
Other Current Liabilities	157.26	34.94	21.7	147.34	25.93	23.91
Total Current Liabilities	3,694	3,229	3,861	3,582	2,759	1,058
Long-Term Debt	692.35	647.92	392.19	511.38	92	148.5
Long-Term Leases	-	11.23	13.71	41.39	8.84	-
Long-Term Unearned Revenue	9.39	11.55	-	-	0.11	0.28
Long-Term Deferred Tax Liabilities	6.08	5.96	28.92	11.01	9.75	3.76
Total Liabilities	4,402	3,906	4,296	4,146	2,870	1,211
Common Stock	339.14	339.14	339.14	339.14	339.14	288.27
Additional Paid-In Capital	899.72	899.72	952.17	920.49	1,235	647.88
Retained Earnings	700.77	647.93	510.19	496.22	447.59	412.45
Comprehensive Income & Other	0.87	1.03	0.19	0.1	0.04	-0
Total Common Equity	1,940	1,888	1,802	1,756	2,021	1,349
Minority Interest	69.39	65.33	58.43	33.23	45.07	12.71
Shareholders' Equity	2,010	1,953	1,860	1,789	2,066	1,361
Total Liabilities & Equity	6,412	5,859	6,156	5,935	4,936	2,572
Total Debt	3,059	2,920	3,220	2,822	1,868	854.42
Net Cash (Debt)	-2,721	-2,737	-2,634	-2,409	-1,465	-751.56
Net Cash Per Share	-8.02	-8.07	-7.77	-7.10	-4.87	-2.61
Filing Date Shares Outstanding	339.14	339.14	339.14	339.14	339.14	288.27
Total Common Shares Outstanding	339.14	339.14	339.14	339.14	339.14	288.27
Working Capital	1,209	1,044	643.08	799.69	941.01	876.36
Book Value Per Share	5.72	5.57	5.31	5.18	5.96	4.68
Tangible Book Value	1,548	1,483	1,396	1,319	1,651	1,242
Tangible Book Value Per Share	4.56	4.37	4.12	3.89	4.87	4.31
Buildings	-	1,025	984.32	740.9	549.4	301.83
Machinery	-	628.51	600.83	557.58	474.64	318.54
Construction In Progress	-	11.73	2.14	52.53	4.75	0.42

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