SHA:605055 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	231.99	329.1	170.14	450.29	265.05	105.24
Trading Asset Securities	18	-	-	-	36.53	-
Cash & Short-Term Investments	249.99	329.1	170.14	450.29	301.58	105.24
Cash Growth	-9.96%	93.43%	-62.22%	49.31%	186.56%	-54.17%
Accounts Receivable	120.4	108.4	109.15	91.6	122.65	61.17
Other Receivables	3.18	3.62	1.78	3.62	8.39	10.07
Receivables	123.58	112.02	110.93	95.22	131.04	71.25
Inventory	90.86	59.4	69.52	74.26	74.32	60.21
Other Current Assets	8.08	17.05	10.45	11.75	2.56	11.54
Total Current Assets	472.52	517.57	361.04	631.52	509.51	248.23
Property, Plant & Equipment	1,981	1,814	1,365	1,419	1,470	1,222
Long-Term Investments	32.42	1.89	1.88	-	-	-
Other Intangible Assets	359.77	385.84	424.8	103.18	117.89	133.47
Long-Term Deferred Tax Assets	26.19	15.88	22.72	21.1	5.9	0.95
Long-Term Deferred Charges	5	4.57	4.82	5.55	3.38	-
Other Long-Term Assets	0.87	40.08	7.67	112.36	15.12	5.43
Total Assets	2,878	2,779	2,188	2,292	2,122	1,611
Accounts Payable	407.14	264.63	243.69	256.72	267.62	161.63
Accrued Expenses	75.61	89.92	107.03	91.77	73.89	38.4
Short-Term Debt	774.94	663.12	443.47	598.34	275.23	275.72
Current Portion of Long-Term Debt	23.78	48.84	10.11	56.8	97.34	49.13
Current Portion of Leases	-	4.52	-	4.33	-	-
Current Income Taxes Payable	19.13	-	-	-	4.64	5.87
Current Unearned Revenue	2.74	1.66	1.14	1.24	0.84	0.21
Other Current Liabilities	39.94	295.08	84.69	80.32	115.76	99.72
Total Current Liabilities	1,343	1,368	890.13	1,090	835.31	630.67
Long-Term Debt	428.73	170.56	75.67	9.01	71.3	168.64
Long-Term Leases	-	4.72	-	-	28.44	54.19
Long-Term Unearned Revenue	63.09	70.95	70.33	76.67	29.9	16.89
Long-Term Deferred Tax Liabilities	-	-	-	-	1.01	-
Total Liabilities	1,835	1,614	1,036	1,175	965.97	870.39
Common Stock	440	440	440	440	440	360
Additional Paid-In Capital	294.04	294.04	294.04	294.04	294.04	47.05
Retained Earnings	360.81	429.62	411.84	374.65	422.04	333.07
Total Common Equity	1,044	1,164	1,146	1,109	1,156	740.12
Minority Interest	-1.7	1.8	6.15	8.39	-	-
Shareholders' Equity	1,043	1,165	1,152	1,117	1,156	740.12
Total Liabilities & Equity	2,878	2,779	2,188	2,292	2,122	1,611
Total Debt	1,227	891.76	529.24	668.47	472.31	547.68
Net Cash (Debt)	-977.47	-562.66	-359.11	-218.17	-170.73	-442.43
Net Cash Per Share	-2.15	-1.27	-0.77	-0.51	-0.39	-1.21
Filing Date Shares Outstanding	431.25	440	440	440	440	360
Total Common Shares Outstanding	431.25	440	440	440	440	360
Working Capital	-870.76	-850.2	-529.09	-457.99	-325.8	-382.44
Book Value Per Share	2.42	2.64	2.60	2.52	2.63	2.06
Tangible Book Value	684.45	777.81	721.08	1,006	1,038	606.65
Tangible Book Value Per Share	1.59	1.77	1.64	2.29	2.36	1.69
Buildings	-	860.72	849.13	771.64	723.5	544.7
Machinery	-	1,179	1,155	1,119	1,052	533.66
Construction In Progress	-	558.31	21.23	19.4	45.38	402.07

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