SHA:603826 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	48.73	33.15	46.76	75.25	131.06	57.85
Cash & Short-Term Investments	48.73	33.15	46.76	75.25	131.06	57.85
Cash Growth	-11.50%	-29.11%	-37.86%	-42.58%	126.55%	-40.72%
Accounts Receivable	231.39	206.93	217.62	182.34	166.86	165.09
Other Receivables	22.02	43.39	32.85	21.81	64.7	52.37
Receivables	253.41	250.32	250.47	204.15	231.56	217.46
Inventory	1,407	1,357	1,032	786.77	537.14	421.56
Prepaid Expenses	-	-	-	0.83	-	-
Other Current Assets	51.51	8.42	6.09	16.88	12.91	24.45
Total Current Assets	1,761	1,649	1,335	1,084	912.67	721.31
Property, Plant & Equipment	2,563	2,613	2,467	2,040	1,499	1,092
Long-Term Investments	146.22	132.97	106.83	84.25	98.56	92.52
Other Intangible Assets	324.69	329.87	335.98	257.02	262.85	268.53
Long-Term Deferred Tax Assets	156.21	119.04	48.36	37.92	14.16	12.36
Long-Term Deferred Charges	4.06	7.34	32.57	38.14	34.27	27.11
Other Long-Term Assets	23.16	16.38	19.03	31.5	94.5	53.8
Total Assets	4,979	4,867	4,345	3,573	2,916	2,268
Accounts Payable	459.49	522.14	485.42	313.21	251.36	168.74
Accrued Expenses	20.05	30.67	32.07	31.19	26.12	20.92
Short-Term Debt	843.25	838.02	632.66	326.15	155.47	218.2
Current Portion of Long-Term Debt	615.79	368.85	428.6	144.34	156.5	32.3
Current Portion of Leases	-	94.79	1.49	1.19	0.68	-
Current Income Taxes Payable	29.49	6.88	6.13	1.42	3.1	6.87
Current Unearned Revenue	66.72	60.34	27.52	3.24	2.6	2.04
Other Current Liabilities	395.71	219.64	7.83	6.97	1.96	2.52
Total Current Liabilities	2,430	2,141	1,622	827.72	597.79	451.58
Long-Term Debt	433	634.61	782.39	910.25	565.95	219.33
Long-Term Leases	61.01	122.56	2.23	0.83	0.9	-
Long-Term Unearned Revenue	56.47	51.65	23.1	26.12	27.2	24.29
Long-Term Deferred Tax Liabilities	17.17	16.13	13.46	10.38	4.62	3.32
Other Long-Term Liabilities	10.71	10.95	-	-	-	-
Total Liabilities	3,009	2,977	2,443	1,775	1,196	698.52
Common Stock	655.2	655.2	468	468	468	468
Additional Paid-In Capital	383.63	383.63	383.63	383.63	383.63	383.63
Retained Earnings	870.87	809.8	1,009	924.71	836.73	693.03
Comprehensive Income & Other	41.11	29.32	30.75	11.56	23.28	17.58
Total Common Equity	1,951	1,878	1,891	1,788	1,712	1,562
Minority Interest	18.86	11.72	10.8	9.8	8.21	7.29
Shareholders' Equity	1,970	1,890	1,902	1,798	1,720	1,570
Total Liabilities & Equity	4,979	4,867	4,345	3,573	2,916	2,268
Total Debt	1,953	2,059	1,847	1,383	879.5	469.83
Net Cash (Debt)	-1,904	-2,026	-1,801	-1,308	-748.44	-411.98
Net Cash Per Share	-2.90	-3.09	-3.85	-2.00	-1.14	-0.63
Filing Date Shares Outstanding	655.2	655.2	655.2	655.2	655.2	655.2
Total Common Shares Outstanding	655.2	655.2	655.2	655.2	655.2	655.2
Working Capital	-669.47	-492.79	-286.7	256.16	314.88	269.73
Book Value Per Share	2.98	2.87	2.89	2.73	2.61	2.38
Tangible Book Value	1,626	1,548	1,555	1,531	1,449	1,294
Tangible Book Value Per Share	2.48	2.36	2.37	2.34	2.21	1.97
Buildings	-	1,284	1,102	1,058	629.41	480.7
Machinery	-	1,002	854.46	839.44	465.94	409.34
Construction In Progress	-	943.8	991.36	499.85	689.97	424.12

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