SHA:603895 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	87.37	94.23	142.25	137.2	111.04	278.06
Cash & Short-Term Investments	87.37	94.23	142.25	137.2	111.04	278.06
Cash Growth	-37.92%	-33.76%	3.68%	23.56%	-60.07%	47.34%
Accounts Receivable	288.38	323.25	449.04	531.19	415.11	347.45
Other Receivables	21.43	7.06	27.06	10.14	8.96	6.85
Receivables	309.81	330.3	476.1	541.32	424.07	354.3
Inventory	447.98	478.39	582.94	660.17	608.85	373.15
Prepaid Expenses	-	3.35	3.29	-	0.54	3.38
Other Current Assets	108.04	97.32	74.09	94.17	120.54	93.03
Total Current Assets	953.2	1,004	1,279	1,433	1,265	1,102
Property, Plant & Equipment	78.01	81.32	100.66	143.49	138.32	102.7
Long-Term Investments	-	-	4.05	4.1	5	-
Other Intangible Assets	44.11	45.43	45.75	47.18	15.3	16.16
Long-Term Accounts Receivable	-	-	-	3.9	-	-
Long-Term Deferred Tax Assets	40.6	40.45	41.62	36.01	28.45	24.8
Long-Term Deferred Charges	5.15	5.94	15.87	21.52	0.03	-
Other Long-Term Assets	-	1.32	3.05	4.7	4.61	1.92
Total Assets	1,121	1,178	1,490	1,694	1,457	1,247
Accounts Payable	350.56	373.87	430.84	489.13	496.41	389.89
Accrued Expenses	7.9	35.33	38.67	28.41	21.88	33.54
Short-Term Debt	151.09	147.8	227.33	293.19	37.08	-
Current Portion of Long-Term Debt	122.71	82.15	-	-	-	-
Current Portion of Leases	-	0.84	9.42	17.86	7.91	-
Current Income Taxes Payable	0.02	-	0	0	-	-
Current Unearned Revenue	207.76	255.44	242.1	283.34	251.72	219.28
Other Current Liabilities	176.11	100.17	53.36	89.25	23.32	8.59
Total Current Liabilities	1,016	995.6	1,002	1,201	838.31	651.29
Long-Term Debt	-	101.09	192.43	30	-	-
Long-Term Leases	-	-	1.74	22.33	20.68	-
Long-Term Unearned Revenue	0.05	0.05	0.13	0.26	0.39	0.52
Long-Term Deferred Tax Liabilities	0.15	-	-	0.08	-	-
Other Long-Term Liabilities	0.8	0.8	0.8	0.8	0.8	0.8
Total Liabilities	1,017	1,098	1,197	1,255	860.18	652.61
Common Stock	108.08	108.08	108.08	108.08	108.08	108.08
Additional Paid-In Capital	376.48	376.48	376.48	376.48	376.48	376.48
Retained Earnings	-286.56	-298.7	-120.44	-11.99	115.38	110.33
Comprehensive Income & Other	-4.25	-4.25	-0.81	-0.76	-	-
Total Common Equity	193.76	181.62	363.31	471.82	599.95	594.89
Minority Interest	-89.86	-101.11	-70.48	-32.69	-3.38	-
Shareholders' Equity	103.9	80.51	292.84	439.12	596.56	594.89
Total Liabilities & Equity	1,121	1,178	1,490	1,694	1,457	1,247
Total Debt	273.8	331.88	430.92	363.37	65.66	-
Net Cash (Debt)	-186.43	-237.65	-288.68	-226.18	45.38	278.06
Net Cash Growth	-	-	-	-	-83.68%	47.34%
Net Cash Per Share	-1.67	-2.20	-2.66	-2.09	0.44	2.51
Filing Date Shares Outstanding	108.08	108.08	108.08	108.08	108.08	108.08
Total Common Shares Outstanding	108.08	108.08	108.08	108.08	108.08	108.08
Working Capital	-62.96	7.99	276.94	231.68	426.72	450.63
Book Value Per Share	1.79	1.68	3.36	4.37	5.55	5.50
Tangible Book Value	149.65	136.19	317.56	424.63	584.65	578.73
Tangible Book Value Per Share	1.38	1.26	2.94	3.93	5.41	5.35
Buildings	-	63.21	62.71	62.71	62.71	28.9
Machinery	-	74.94	69.06	68.47	61.5	52.41
Construction In Progress	-	8.41	15.09	14.05	13.21	39.92

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