SHA:603811 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	205.13	173.04	294.14	213.51	83.32	72.31
Cash & Short-Term Investments	205.13	173.04	294.14	213.51	83.32	72.31
Cash Growth	-1.34%	-41.17%	37.77%	156.25%	15.23%	-48.75%
Accounts Receivable	46.96	72.91	93.18	90.44	78.79	78.68
Other Receivables	2.1	6.47	2.87	1.28	1.33	0.86
Receivables	49.06	79.38	96.05	91.72	80.12	79.54
Inventory	125.32	131.84	116.78	111.04	117	119.26
Other Current Assets	16.67	9.36	10.45	20.57	7.35	11.2
Total Current Assets	396.18	393.62	517.42	436.84	287.8	282.31
Property, Plant & Equipment	894.69	945.69	1,003	919.65	668.66	593
Long-Term Investments	331.72	314.87	281.13	234.01	208.2	204.72
Goodwill	-	-	-	-	2.42	5.33
Other Intangible Assets	53.51	63.95	66.66	68.45	70.19	69.95
Long-Term Deferred Tax Assets	5.73	6.3	5.94	17.47	5.16	4.91
Long-Term Deferred Charges	0.25	0.41	1.43	1.44	2.24	1.29
Other Long-Term Assets	9.52	3.55	17.55	41.24	77.83	45.39
Total Assets	1,692	1,728	1,893	1,719	1,322	1,207
Accounts Payable	49.89	84.67	118.91	54.79	57.5	61.11
Accrued Expenses	13.82	78.28	76.15	79.75	72.57	91.16
Short-Term Debt	55.1	51.1	117.33	76.5	86.36	40.87
Current Portion of Long-Term Debt	3.06	40.43	8.91	14.02	-	-
Current Portion of Leases	-	0.02	0.75	0.61	0.76	-
Current Income Taxes Payable	17.9	6.4	-	-	7.83	11.24
Current Unearned Revenue	8.53	12.22	4.38	13.74	6.11	4.81
Other Current Liabilities	126.69	18.38	16.22	18.59	15.75	18.18
Total Current Liabilities	274.99	291.5	342.65	257.99	246.87	227.38
Long-Term Debt	58.61	139.31	316.38	334.77	59.63	80.1
Long-Term Leases	-	-	0.47	0.91	1.79	-
Long-Term Unearned Revenue	16.6	18.77	21.29	16.93	12.22	11.7
Long-Term Deferred Tax Liabilities	12.51	13.74	15.37	17.56	3.11	1.62
Total Liabilities	362.71	463.31	696.15	628.16	323.62	320.79
Common Stock	327.3	327.3	327.3	233.79	233.79	166.99
Additional Paid-In Capital	122.65	143	143	236.51	238.08	304.88
Retained Earnings	920.35	857.04	721.8	617.36	514.22	401.87
Treasury Stock	-48.29	-67.26	-	-	-	-
Comprehensive Income & Other	-	-	0.21	0.23	0.22	0.21
Total Common Equity	1,322	1,260	1,192	1,088	986.31	873.95
Minority Interest	6.86	4.98	4.3	3.05	12.57	12.14
Shareholders' Equity	1,329	1,265	1,197	1,091	998.88	886.09
Total Liabilities & Equity	1,692	1,728	1,893	1,719	1,322	1,207
Total Debt	116.77	230.86	443.84	426.8	148.54	120.97
Net Cash (Debt)	88.36	-57.82	-149.7	-213.3	-65.22	-48.66
Net Cash Per Share	0.27	-0.18	-0.46	-0.65	-0.20	-0.15
Filing Date Shares Outstanding	309.07	318.89	327.3	327.3	327.3	327.3
Total Common Shares Outstanding	309.07	318.89	327.3	327.3	327.3	327.3
Working Capital	121.19	102.12	174.78	178.85	40.93	54.93
Book Value Per Share	4.28	3.95	3.64	3.32	3.01	2.67
Tangible Book Value	1,269	1,196	1,126	1,019	913.7	798.67
Tangible Book Value Per Share	4.10	3.75	3.44	3.11	2.79	2.44
Buildings	-	656.07	686.92	441.63	374.71	369.96
Machinery	-	672.02	687.58	600.01	443.66	396.15
Construction In Progress	-	5.15	6.16	182.6	99.91	27.26

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