SHA:605081 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	102.78	188.23	373.68	531.54	841.07	262.08
Trading Asset Securities	20	-	-	2.04	-	-
Cash & Short-Term Investments	122.78	188.23	373.68	533.57	841.07	262.08
Cash Growth	-44.79%	-49.63%	-29.97%	-36.56%	220.92%	1.87%
Accounts Receivable	529.59	716.76	730.29	819.83	949.82	750.59
Other Receivables	25.42	9.55	13.82	20.12	31.79	23.67
Receivables	555.01	726.31	744.11	839.95	981.61	774.26
Inventory	122.32	104.22	47.09	61.13	12.59	7.59
Prepaid Expenses	-	-	-	-	-	3.02
Other Current Assets	14.13	10.44	7.1	27.39	19.73	1.52
Total Current Assets	814.24	1,029	1,172	1,462	1,855	1,048
Property, Plant & Equipment	389.37	355.33	363.05	260.86	216.38	12.8
Long-Term Investments	51.44	74.63	66.23	30.19	-	0.03
Goodwill	13	11.38	15.13	17.26	-	-
Other Intangible Assets	25.32	26.3	19.27	19.99	0.42	0.59
Long-Term Deferred Tax Assets	6.27	10.3	0.22	52.62	27.41	16.67
Long-Term Deferred Charges	9.15	15.02	20.9	22.62	9.73	9.53
Other Long-Term Assets	1.49	3.61	23.85	46.32	20.86	181.73
Total Assets	1,310	1,526	1,681	1,912	2,130	1,270
Accounts Payable	169.54	277.67	144.95	132.4	128.16	151.73
Accrued Expenses	5	102.73	84.2	86.92	85.84	73.98
Short-Term Debt	26.2	28.96	-	-	-	3.5
Current Portion of Leases	-	4.38	3.04	2.64	1.52	-
Current Income Taxes Payable	71.15	5.1	1.28	0.54	16.54	17.87
Current Unearned Revenue	25.72	31.87	9.81	1.54	0.14	0.93
Other Current Liabilities	48.35	25.04	32.47	24.75	30.87	34.09
Total Current Liabilities	345.96	475.75	275.74	248.78	263.08	282.1
Long-Term Leases	50.17	49.28	64.69	37.08	11.9	-
Long-Term Deferred Tax Liabilities	8.82	10.45	4.81	5.26	-	-
Other Long-Term Liabilities	12.26	17.85	25.21	23.39	15.88	18.81
Total Liabilities	417.32	553.33	370.45	314.51	290.85	300.91
Common Stock	113.25	113.25	113.25	113.25	78.1	58.57
Additional Paid-In Capital	1,231	1,231	1,231	1,231	1,266	507.67
Retained Earnings	-452.11	-369.65	-35.16	252.28	493.61	402.67
Total Common Equity	892.11	974.57	1,309	1,597	1,838	968.91
Minority Interest	0.86	-2.13	1.13	0.79	0.98	-
Shareholders' Equity	892.97	972.44	1,310	1,597	1,839	968.91
Total Liabilities & Equity	1,310	1,526	1,681	1,912	2,130	1,270
Total Debt	76.38	82.62	67.73	39.72	13.42	3.5
Net Cash (Debt)	46.41	105.61	305.94	493.85	827.66	258.58
Net Cash Growth	-68.98%	-65.48%	-38.05%	-40.33%	220.08%	1.61%
Net Cash Per Share	0.41	0.93	2.70	4.37	7.55	3.05
Filing Date Shares Outstanding	113.25	113.25	113.25	113.25	113.25	84.93
Total Common Shares Outstanding	113.25	113.25	113.25	113.25	113.25	84.93
Working Capital	468.28	553.45	896.24	1,213	1,592	766.37
Book Value Per Share	7.88	8.61	11.56	14.10	16.23	11.41
Tangible Book Value	853.79	936.89	1,275	1,559	1,838	968.32
Tangible Book Value Per Share	7.54	8.27	11.26	13.77	16.23	11.40
Buildings	-	267.89	273.3	219.38	193.75	1.86
Machinery	-	55.6	49.64	41.83	25.97	23.44
Construction In Progress	-	56.28	33.24	5.4	-	-

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