SHA:603617 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	679.79	748.04	802.33	571.12	516.4	421.12
Trading Asset Securities	60.84	-	-	277.71	284.19	90.68
Cash & Short-Term Investments	740.63	748.04	802.33	848.82	800.59	511.81
Cash Growth	-8.38%	-6.77%	-5.48%	6.02%	56.42%	99.16%
Accounts Receivable	179.54	289.54	185.05	168.44	216.79	195.1
Other Receivables	11.07	19.59	21.78	17.06	24.7	9.4
Receivables	190.62	309.13	206.82	185.5	241.49	204.5
Inventory	248.74	291.89	209	260.83	324.29	175.12
Other Current Assets	34.29	7.89	6.32	5.98	3.71	11.9
Total Current Assets	1,214	1,357	1,224	1,301	1,370	903.33
Property, Plant & Equipment	795.76	769.82	657.77	652.8	545.94	318.85
Long-Term Investments	3.65	4	4	361.55	4	4
Goodwill	3.38	3.38	3.96	6.88	0.1	0.1
Other Intangible Assets	178.1	179.87	146.34	166.11	167.92	77.94
Long-Term Deferred Tax Assets	21.46	20.74	13.68	6.17	9.2	4.73
Long-Term Deferred Charges	1.4	1.2	-	-	-	-
Other Long-Term Assets	60.2	57.88	63.46	7.07	12.28	37.65
Total Assets	2,278	2,394	2,114	2,502	2,110	1,347
Accounts Payable	223.99	287.02	163	146.61	231.23	204.99
Accrued Expenses	15.22	33.47	26.03	25.04	26.23	20.46
Short-Term Debt	415.9	443.86	420.81	722.52	359.6	190.12
Current Portion of Leases	0.07	1.23	-	-	-	-
Current Income Taxes Payable	9	12.8	4.74	1.98	14.09	5.29
Current Unearned Revenue	24.64	32.73	24.39	21.24	18.67	24.26
Other Current Liabilities	65.71	63.94	46.87	94.47	2.87	9.62
Total Current Liabilities	754.52	875.05	685.84	1,012	652.7	454.73
Long-Term Debt	-	-	-	180.34	183.5	171.22
Long-Term Leases	0.18	1.16	-	-	-	-
Long-Term Unearned Revenue	17.08	19.04	21.68	2.35	0.18	0.27
Total Liabilities	771.78	895.26	707.52	1,195	836.38	626.22
Common Stock	390.47	390.68	391.07	365.21	259.3	199.46
Additional Paid-In Capital	670.01	661.97	650.13	495.23	583.35	130.16
Retained Earnings	488.27	488.75	424.88	400	385.3	352.77
Treasury Stock	-45.24	-46.16	-59.93	-	-	-7.21
Comprehensive Income & Other	-	-	-	41.64	45.2	45.2
Total Common Equity	1,504	1,495	1,406	1,302	1,273	720.37
Minority Interest	2.93	3.35	-	5.09	-	-
Shareholders' Equity	1,506	1,499	1,406	1,307	1,273	720.37
Total Liabilities & Equity	2,278	2,394	2,114	2,502	2,110	1,347
Total Debt	416.15	446.26	420.81	902.86	543.1	361.33
Net Cash (Debt)	324.48	301.79	381.52	-54.03	257.49	150.47
Net Cash Growth	-2.52%	-20.90%	-	-	71.12%	1.90%
Net Cash Per Share	0.86	0.80	1.04	-0.15	0.81	0.51
Filing Date Shares Outstanding	378.39	354.4	380.08	391.07	363.02	279.24
Total Common Shares Outstanding	378.39	354.4	380.08	365.21	363.02	279.24
Working Capital	459.75	481.9	538.63	289.27	717.39	448.59
Book Value Per Share	3.97	4.22	3.70	3.57	3.51	2.58
Tangible Book Value	1,322	1,312	1,256	1,129	1,105	642.34
Tangible Book Value Per Share	3.49	3.70	3.30	3.09	3.04	2.30
Buildings	-	655.22	328.24	443.79	445.8	150.55
Machinery	-	293.1	278.29	289.35	264.5	156.29
Construction In Progress	-	25.93	226.13	123.1	15.47	181.15

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