SHA:603578 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	487.69	508.94	466.36	76.06	105.24	142.85
Short-Term Investments	-	-	-	-	-	30.78
Trading Asset Securities	15.57	13.21	21.9	19.85	8.27	-
Cash & Short-Term Investments	503.26	522.14	488.26	95.91	113.51	173.63
Cash Growth	16.25%	6.94%	409.06%	-15.50%	-34.62%	-46.83%
Accounts Receivable	797.76	583.94	512.97	434.96	368.7	274.14
Other Receivables	1.42	2.61	6.14	201.61	297.51	361.97
Receivables	799.17	586.55	519.11	636.56	666.2	636.1
Inventory	212.78	220.76	110.61	128.71	113.19	80.99
Other Current Assets	22.56	92.13	10.42	5.24	8.6	5.23
Total Current Assets	1,538	1,422	1,128	866.42	901.51	895.95
Property, Plant & Equipment	2,197	2,264	508.58	254.13	257.67	232.17
Long-Term Investments	-	-	51.5	51.5	63.36	-
Goodwill	10.22	10.22	10.22	-	-	-
Other Intangible Assets	739.95	752	723.87	32.36	33.34	34.32
Long-Term Deferred Tax Assets	-	-	-	4.12	3.73	3.03
Other Long-Term Assets	1.92	0.52	263.74	-	-	-
Total Assets	4,487	4,448	2,686	1,209	1,260	1,165
Accounts Payable	1,168	1,213	555.99	113.33	190.07	161.93
Accrued Expenses	20.35	48.15	34.14	31.94	32.24	21.83
Short-Term Debt	20.02	29.05	62.55	76.95	72.51	68.95
Current Portion of Long-Term Debt	42.65	32.03	-	-	-	-
Current Portion of Leases	-	1.8	1.89	0.8	0.52	-
Current Income Taxes Payable	17.03	7.74	12.5	2.39	6.6	5.33
Current Unearned Revenue	8.01	3.96	0.09	0	0.11	0.48
Other Current Liabilities	161.27	102.76	122.38	0.54	1.02	4.41
Total Current Liabilities	1,437	1,438	789.55	225.95	303.05	262.92
Long-Term Debt	1,697	1,973	763.68	-	-	126.12
Long-Term Leases	0.1	0.41	1.87	1.44	0.39	-
Long-Term Unearned Revenue	411.05	30.05	6.86	1.5	1.82	1.53
Long-Term Deferred Tax Liabilities	1.17	2.79	3.96	9.57	5.84	3.74
Total Liabilities	3,547	3,444	1,566	238.46	311.1	394.31
Common Stock	180.36	180.36	180.36	180.36	139.08	91.74
Additional Paid-In Capital	405.49	399.45	380.33	406.98	448.26	349.17
Retained Earnings	394.75	432.53	521.58	437.19	363.23	290.41
Treasury Stock	-	-	-	-63.57	-15.77	-2.77
Comprehensive Income & Other	-	-	-	-	-	25.82
Total Common Equity	980.59	1,012	1,082	960.95	934.79	754.36
Minority Interest	-41.08	-8.44	38.12	9.12	13.72	16.79
Shareholders' Equity	939.51	1,004	1,120	970.08	948.51	771.15
Total Liabilities & Equity	4,487	4,448	2,686	1,209	1,260	1,165
Total Debt	1,760	2,036	830	79.19	73.41	195.07
Net Cash (Debt)	-1,257	-1,514	-341.75	16.72	40.11	-21.44
Net Cash Growth	-	-	-	-58.31%	-	-
Net Cash Per Share	-6.76	-8.31	-1.94	0.09	0.24	-0.13
Filing Date Shares Outstanding	180.36	180.36	180.36	175.68	178.88	164.14
Total Common Shares Outstanding	180.36	180.36	180.36	175.68	178.88	164.14
Working Capital	100.37	-16.51	338.86	640.47	598.46	633.02
Book Value Per Share	5.44	5.61	6.00	5.47	5.23	4.60
Tangible Book Value	230.43	250.13	348.19	928.59	901.45	720.04
Tangible Book Value Per Share	1.28	1.39	1.93	5.29	5.04	4.39
Buildings	-	1,129	170.52	170.36	170.36	151.63
Machinery	-	1,175	285.61	286.9	266.05	237.31
Construction In Progress	-	219.69	267.45	0.63	14.34	27.55

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