SHA:605122 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	295.82	257.52	427.28	512.22	650.27	124.43
Trading Asset Securities	-	-	-	-	100	-
Cash & Short-Term Investments	295.82	257.52	427.28	512.22	750.27	124.43
Cash Growth	-8.50%	-39.73%	-16.58%	-31.73%	502.98%	42.16%
Accounts Receivable	2,060	2,412	2,602	2,360	1,873	1,471
Other Receivables	7.49	7.65	16.76	18.48	14.88	2.26
Receivables	2,067	2,420	2,619	2,379	1,888	1,473
Inventory	24.29	30.61	41.29	32.89	20.98	13.97
Prepaid Expenses	-	0.15	0.44	0.62	0.68	-
Other Current Assets	13.44	12.44	37.86	36.84	6.66	5.81
Total Current Assets	2,401	2,721	3,125	2,961	2,666	1,617
Property, Plant & Equipment	400.11	559.08	651.76	704.32	429.62	236.23
Long-Term Investments	10.3	10.3	10.89	10.89	11.34	11.34
Goodwill	100.22	100.57	227.58	237.65	18.46	-
Other Intangible Assets	286.45	292.88	323.12	284.35	321.39	212.26
Long-Term Deferred Tax Assets	112.37	120	108.64	97.78	38.23	25.59
Long-Term Deferred Charges	6.05	7.24	10.02	13.76	12.12	9.48
Other Long-Term Assets	197.38	147.74	46.16	42.7	29.31	5.14
Total Assets	3,514	3,959	4,504	4,353	3,527	2,117
Accounts Payable	883.08	1,008	1,184	1,007	531.64	502.3
Accrued Expenses	10.73	21.5	32.79	35.51	30.44	21.68
Short-Term Debt	258.94	421.67	443.71	426.12	198.76	310.44
Current Portion of Long-Term Debt	60.08	104.6	130.68	45.47	21.63	2.04
Current Portion of Leases	-	28.37	21.37	29.25	13.61	-
Current Income Taxes Payable	4.07	4.65	10.24	11.35	30.03	28.71
Current Unearned Revenue	3.93	7.87	4.23	5.68	4.81	12.69
Other Current Liabilities	92.96	19.39	46.24	64.1	37.91	21.41
Total Current Liabilities	1,314	1,616	1,873	1,625	868.84	899.27
Long-Term Debt	125.33	104.93	189.28	260.58	85.63	100.09
Long-Term Leases	12.67	110.15	127.2	144.75	143.11	-
Long-Term Unearned Revenue	47.93	51.82	57	62.19	67.37	72.55
Long-Term Deferred Tax Liabilities	9.08	25.09	31.4	40.56	18.46	-
Other Long-Term Liabilities	5.31	5.61	3.61	10.5	18.55	24.76
Total Liabilities	1,514	1,914	2,282	2,143	1,202	1,097
Common Stock	172.35	172.35	172.35	172.35	172.35	92.21
Additional Paid-In Capital	1,337	1,337	1,337	1,337	1,337	182.38
Retained Earnings	481.15	516.91	684.99	672.03	783.31	723.31
Comprehensive Income & Other	15.62	19.23	20.36	21.17	19.67	22.61
Total Common Equity	2,006	2,046	2,215	2,203	2,313	1,021
Minority Interest	-6.83	-1.1	6.97	6.69	12.25	-
Shareholders' Equity	2,000	2,045	2,222	2,210	2,325	1,021
Total Liabilities & Equity	3,514	3,959	4,504	4,353	3,527	2,117
Total Debt	457.03	769.72	912.24	906.17	462.74	412.57
Net Cash (Debt)	-161.21	-512.2	-484.96	-393.95	287.53	-288.14
Net Cash Per Share	-0.98	-2.96	-2.99	-2.30	1.74	-2.03
Filing Date Shares Outstanding	172.35	172.35	172.35	172.35	172.35	129.09
Total Common Shares Outstanding	172.35	172.35	172.35	172.35	172.35	129.09
Working Capital	1,087	1,105	1,252	1,337	1,798	717.88
Book Value Per Share	11.64	11.87	12.85	12.78	13.42	7.91
Tangible Book Value	1,620	1,652	1,664	1,681	1,973	808.25
Tangible Book Value Per Share	9.40	9.59	9.66	9.75	11.45	6.26
Buildings	-	409.34	388.42	222.16	133.47	109.23
Machinery	-	368.51	368.24	383.18	320.26	266.49
Construction In Progress	-	-	18.05	188.85	3.05	0.44

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