SHA:603922 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	494.35	671.56	626.2	525	370.94	195.53
Trading Asset Securities	-	-	30	-	-	50
Cash & Short-Term Investments	494.35	671.56	656.2	525	370.94	245.53
Cash Growth	-37.87%	2.34%	24.99%	41.53%	51.07%	-10.68%
Accounts Receivable	394.63	358.92	216.43	211.4	252.42	223.76
Other Receivables	2.42	0.67	171.22	3.53	28.41	23.89
Receivables	397.05	359.58	387.65	214.93	280.83	247.66
Inventory	181.97	152.42	194.35	205.06	243.52	277.84
Other Current Assets	25.01	16.93	64.12	16.06	29.02	52.23
Total Current Assets	1,098	1,200	1,302	961.06	924.31	823.25
Property, Plant & Equipment	113.18	129.44	159.95	212.3	239.57	277.16
Long-Term Investments	25.65	29.2	24.25	-	-	-
Other Intangible Assets	41.8	42.64	43.79	63.59	65.26	77.67
Long-Term Accounts Receivable	-	-	-	-	1.59	4.56
Long-Term Deferred Tax Assets	19.4	20.93	15.11	11.74	11.4	16.77
Long-Term Deferred Charges	36.78	41.97	14.65	4.46	9.82	14.46
Other Long-Term Assets	10.25	0.48	3.28	4.43	5.16	2.82
Total Assets	1,345	1,465	1,563	1,258	1,257	1,217
Accounts Payable	198.32	313.57	437.97	180.04	166.74	121.4
Accrued Expenses	9.43	16.72	15.22	12.16	16.75	12.86
Short-Term Debt	56.49	61.31	30.08	-	-	30.04
Current Portion of Leases	2.53	2.36	4.19	3.04	0.29	-
Current Income Taxes Payable	2.71	-	0.14	0	-	-
Current Unearned Revenue	22.42	22.45	5.87	4.27	6.02	4.23
Other Current Liabilities	10.72	23.65	23.02	7.78	1.16	1.4
Total Current Liabilities	302.61	440.06	516.49	207.28	190.95	169.92
Long-Term Leases	-	1.76	10.07	4.5	-	-
Long-Term Unearned Revenue	3.37	4.02	5.21	8.33	10.44	7.63
Long-Term Deferred Tax Liabilities	-	-	0.04	0.05	-	-
Total Liabilities	305.98	445.84	531.82	220.17	201.39	177.55
Common Stock	179.2	179.2	128	128	128	128
Additional Paid-In Capital	679.93	676.85	731.1	731.1	731.1	731.1
Retained Earnings	186.05	170.34	184.44	178.3	196.63	180.04
Treasury Stock	-3.2	-6.41	-11.97	-	-	-
Comprehensive Income & Other	-2.52	-0.67	-	-	-	-
Total Common Equity	1,039	1,019	1,032	1,037	1,056	1,039
Minority Interest	-	-	-0.04	-	-	-
Shareholders' Equity	1,039	1,019	1,032	1,037	1,056	1,039
Total Liabilities & Equity	1,345	1,465	1,563	1,258	1,257	1,217
Total Debt	59.02	65.42	44.35	7.54	0.29	30.04
Net Cash (Debt)	435.33	606.14	611.86	517.46	370.65	215.5
Net Cash Growth	-40.42%	-0.93%	18.24%	39.61%	72.00%	127.46%
Net Cash Per Share	2.25	3.15	2.99	2.79	2.07	1.22
Filing Date Shares Outstanding	179.2	179.2	276.34	179.2	179.2	179.2
Total Common Shares Outstanding	179.2	179.2	276.34	179.2	179.2	179.2
Working Capital	795.77	760.43	785.82	753.77	733.35	653.33
Book Value Per Share	5.80	5.69	3.73	5.79	5.89	5.80
Tangible Book Value	997.66	976.67	987.79	973.82	990.47	961.48
Tangible Book Value Per Share	5.57	5.45	3.57	5.43	5.53	5.37
Buildings	-	106.29	105.52	166.83	132.9	144.83
Machinery	-	369.34	366.83	470.31	493.85	495.4
Construction In Progress	-	7.17	8.33	0.98	31.84	23.74

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