SHA:603822 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	525.8	328.97	160.61	229.45	336.7	297.25
Trading Asset Securities	31.61	1	-	-	-	-
Cash & Short-Term Investments	557.41	329.97	160.61	229.45	336.7	297.25
Cash Growth	98.42%	105.45%	-30.00%	-31.85%	13.27%	38.33%
Accounts Receivable	53.58	60.27	131.16	150.36	55.71	112.38
Other Receivables	270.23	52.23	79.37	96.75	29.3	6.89
Receivables	323.81	112.5	210.53	247.11	85.01	119.28
Inventory	1,156	664.65	499.08	646.11	519.4	377.63
Prepaid Expenses	-	0.29	4.69	2.99	5.94	1.79
Other Current Assets	376.01	369.32	132.27	157.81	153.56	157.64
Total Current Assets	2,413	1,477	1,007	1,283	1,101	953.59
Property, Plant & Equipment	4,085	4,050	1,869	1,446	1,093	774.44
Goodwill	67.28	67.28	67.28	67.28	75.82	75.82
Other Intangible Assets	217.53	212.56	219.61	114.9	112.4	117.84
Long-Term Deferred Tax Assets	161.37	112.86	85.66	51.43	9.11	9.47
Long-Term Deferred Charges	8.9	11.55	13.41	7.52	3.6	3.57
Other Long-Term Assets	49.41	25.17	250.35	8.13	67.94	99.97
Total Assets	7,003	5,956	3,512	2,979	2,462	2,035
Accounts Payable	1,125	852.68	215.93	186.05	102.91	65.2
Accrued Expenses	9.83	32.3	21.48	45.17	72.2	24.74
Short-Term Debt	1,510	1,459	1,274	1,070	653.39	654.53
Current Portion of Long-Term Debt	212.74	247.52	66.96	56.81	61.38	6.01
Current Portion of Leases	-	140.66	233.11	141.69	59.07	-
Current Income Taxes Payable	38.21	0.38	0.87	0.1	-	0.61
Current Unearned Revenue	3.69	68.93	4.01	17.74	5.43	5.54
Other Current Liabilities	102.78	48.71	16.45	2.45	4.28	3.99
Total Current Liabilities	3,002	2,850	1,832	1,520	958.66	760.62
Long-Term Debt	2,266	1,618	179.47	191.22	420.9	379.12
Long-Term Leases	255.19	93.45	90.36	150.98	116.56	-
Long-Term Unearned Revenue	130.69	98.92	33.1	15.26	9.09	10.33
Long-Term Deferred Tax Liabilities	22.53	23.03	19.49	20.41	20.17	19.89
Total Liabilities	5,676	4,684	2,155	1,898	1,525	1,170
Common Stock	76.83	76.83	77.16	77.41	73.36	73.36
Additional Paid-In Capital	290.38	434.29	472.17	480.48	256.75	254.68
Retained Earnings	80.26	105.63	472.57	494.56	547.54	456.56
Treasury Stock	-10	-10	-7.91	-13.95	-20.25	-
Comprehensive Income & Other	9.25	7.05	8.75	8.34	46.26	42.82
Total Common Equity	446.72	613.8	1,023	1,047	903.66	827.41
Minority Interest	879.53	658.7	335	34.45	33.12	37.34
Shareholders' Equity	1,326	1,272	1,358	1,081	936.77	864.76
Total Liabilities & Equity	7,003	5,956	3,512	2,979	2,462	2,035
Total Debt	4,244	3,559	1,843	1,610	1,311	1,040
Net Cash (Debt)	-3,686	-3,229	-1,683	-1,381	-974.61	-742.41
Net Cash Per Share	-47.95	-41.86	-21.76	-18.57	-13.04	-10.12
Filing Date Shares Outstanding	76.33	76.33	76.66	76.83	72.52	73.36
Total Common Shares Outstanding	76.33	76.33	76.66	76.83	72.52	73.36
Working Capital	-589.42	-1,374	-825.14	-236.31	141.94	192.97
Book Value Per Share	5.85	8.04	13.34	13.63	12.46	11.28
Tangible Book Value	161.9	333.96	735.85	864.66	715.44	633.75
Tangible Book Value Per Share	2.12	4.38	9.60	11.25	9.87	8.64
Buildings	-	652.31	281.33	280.71	213.64	189.4
Machinery	-	2,643	1,114	853.41	579.35	574.06
Construction In Progress	-	1,260	843.19	593.56	568.95	231.98

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