SHA:603709 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	106.56	135.62	110.43	94.86	112.2	289.15
Trading Asset Securities	-	-	-	-	2.32	1.26
Cash & Short-Term Investments	106.56	135.62	110.43	94.86	114.52	290.41
Cash Growth	32.95%	22.82%	16.41%	-17.17%	-60.57%	-27.03%
Accounts Receivable	162.21	207.58	160.86	89.51	115.58	173.39
Other Receivables	28.56	34.41	27.9	5.19	4.92	6.65
Receivables	190.77	241.99	188.77	94.7	120.5	180.04
Inventory	211.92	242.43	207.21	112.09	137.68	172.99
Other Current Assets	29.3	26.05	22.68	15.02	14.91	19.01
Total Current Assets	538.54	646.1	529.09	316.66	387.6	662.45
Property, Plant & Equipment	556.19	565.52	609.34	624.15	541.19	344.87
Long-Term Investments	1.38	1.37	1.31	-	-	-
Other Intangible Assets	55.01	56.04	57.67	69.35	86.28	58.88
Long-Term Deferred Tax Assets	2.84	2.87	1.78	2.37	3.91	1.37
Long-Term Deferred Charges	4.65	6.49	10.44	13.88	10.45	10.42
Other Long-Term Assets	114.48	140.37	149.94	83.43	-	-
Total Assets	1,273	1,419	1,360	1,110	1,029	1,078
Accounts Payable	369.46	443.78	381.62	198.04	315.1	389.51
Accrued Expenses	17.16	24.3	22.77	14.6	25.6	34.79
Short-Term Debt	83.5	136.05	-	72.37	30.04	-
Current Portion of Long-Term Debt	69.61	54.79	64.86	5.4	-	-
Current Portion of Leases	-	32.59	52.63	12.85	2	-
Current Income Taxes Payable	6.01	0.6	1.9	0.94	0.8	2.08
Current Unearned Revenue	7.23	5.56	9.3	7.48	3.73	9.21
Other Current Liabilities	61.44	50.1	32.82	26.66	14.31	3.16
Total Current Liabilities	614.41	747.76	565.9	338.33	391.57	438.75
Long-Term Debt	113.22	120.11	144.7	135.58	-	-
Long-Term Leases	10.65	6.6	43.67	52.07	4.45	-
Long-Term Unearned Revenue	6.08	7.12	8.37	8.92	2.89	0.85
Long-Term Deferred Tax Liabilities	-	-	-	-	0.35	0.19
Other Long-Term Liabilities	10.35	9.66	4.88	6.35	15.69	-
Total Liabilities	754.7	891.24	767.52	541.25	414.95	439.79
Common Stock	126.19	125.9	96	80	80	80
Additional Paid-In Capital	307.98	304	326.03	342.03	342.03	342.03
Retained Earnings	94.47	111.9	171.07	149.71	191.59	215.72
Treasury Stock	-5.79	-5.7	-	-	-	-
Comprehensive Income & Other	-4.44	-8.59	-1.04	-3.36	0.86	0.44
Total Common Equity	518.41	527.52	592.06	568.38	614.48	638.19
Minority Interest	-	-	-	0.2	-	-
Shareholders' Equity	518.41	527.52	592.06	568.59	614.48	638.19
Total Liabilities & Equity	1,273	1,419	1,360	1,110	1,029	1,078
Total Debt	276.97	350.13	305.86	278.27	36.48	-
Net Cash (Debt)	-170.42	-214.5	-195.43	-183.41	78.04	290.41
Net Cash Growth	-	-	-	-	-73.13%	-27.03%
Net Cash Per Share	-1.38	-1.75	-1.56	-1.48	0.62	2.32
Filing Date Shares Outstanding	126.19	125.9	124.8	124.8	124.8	124.8
Total Common Shares Outstanding	126.19	125.9	124.8	124.8	124.8	124.8
Working Capital	-75.86	-101.65	-36.81	-21.67	-3.97	223.7
Book Value Per Share	4.11	4.19	4.74	4.55	4.92	5.11
Tangible Book Value	463.4	471.47	534.39	499.03	528.21	579.32
Tangible Book Value Per Share	3.67	3.74	4.28	4.00	4.23	4.64
Buildings	-	362.65	353.81	456.34	333.77	312.88
Machinery	-	81.44	82.29	87.1	82.85	48.5
Construction In Progress	-	213.74	189.02	133.54	238.76	80.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.