SHA:605028 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	130.84	165.16	373.82	220.04	400.94	47.49
Short-Term Investments	-	105.49	94.06	184.3	-	-
Trading Asset Securities	335.26	273.55	110	240	240	-
Accounts Receivable	81.7	91	96.65	106.26	87.12	57.42
Other Receivables	3.26	0.56	0.63	3.25	1.47	1.52
Inventory	7.63	7.89	8.1	9.29	7.15	5.21
Other Current Assets	84.87	26.13	25.61	24.92	22.51	25.49
Total Current Assets	643.56	669.78	708.88	788.07	759.19	137.13
Property, Plant & Equipment	834.72	795.03	694.22	441.07	339.56	366.62
Other Intangible Assets	37.81	38.74	39.98	41.22	30.09	30.96
Long-Term Investments	21.09	19.19	18.69	12.41	3.82	-
Long-Term Deferred Tax Assets	-	-	1.78	2.3	2.24	0.48
Long-Term Deferred Charges	0.45	0.66	1.16	1.68	-	-
Other Long-Term Assets	6.86	47.14	50.27	42.81	17.4	2.16
Total Assets	1,544	1,571	1,515	1,330	1,152	537.36
Accounts Payable	91.61	32.16	46.23	48.22	22.36	13.35
Accrued Expenses	4.38	8.93	7.47	7.09	7.54	6.88
Short-Term Debt	-	-	-	-	-	9.91
Current Unearned Revenue	0.07	0.1	0.05	0.56	28.41	23.48
Current Portion of Leases	0.3	1.2	1.2	3.01	3.83	3.64
Current Income Taxes Payable	8.64	8.01	6.11	-	10.04	-
Other Current Liabilities	1.18	77.64	80.67	32.13	9.76	7.18
Total Current Liabilities	106.18	128.05	141.73	91.01	81.94	64.44
Long-Term Leases	-	-	-	-	3.01	6.82
Long-Term Unearned Revenue	38.39	30.35	29.77	32.67	15.23	17.55
Long-Term Deferred Tax Liabilities	19.59	18.88	22.75	25.21	-	-
Other Long-Term Liabilities	15.9	17.98	21.17	21.29	18.85	13.13
Total Liabilities	180.06	195.26	215.43	170.18	119.02	101.94
Common Stock	160	160	160	160	160	120
Additional Paid-In Capital	541.61	541.61	541.61	541.61	541.61	79.16
Retained Earnings	662.83	673.67	597.95	457.77	331.68	236.25
Shareholders' Equity	1,364	1,375	1,300	1,159	1,033	435.41
Total Liabilities & Equity	1,544	1,571	1,515	1,330	1,152	537.36
Total Debt	0.3	1.2	1.2	3.01	6.84	20.37
Net Cash (Debt)	465.8	543.01	576.68	641.34	634.1	27.12
Net Cash Growth	23.00%	-5.84%	-10.08%	1.14%	2237.80%	-
Net Cash Per Share	2.89	3.38	3.62	4.01	4.63	0.23
Filing Date Shares Outstanding	160	160	160	160	160	120
Total Common Shares Outstanding	160	160	160	160	160	120
Working Capital	537.38	541.73	567.15	697.06	677.26	72.69
Book Value Per Share	8.53	8.60	8.12	7.25	6.46	3.63
Tangible Book Value	1,327	1,337	1,260	1,118	1,003	404.45
Tangible Book Value Per Share	8.29	8.35	7.87	6.99	6.27	3.37
Buildings	-	314.72	172.23	169.13	163.53	-
Machinery	-	842.37	687.76	531.26	440.66	-
Construction In Progress	-	49.69	211.3	52.61	18.07	-

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