SHA:605162 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	148.51	371.36	451.82	196.51	239.3	188.12
Trading Asset Securities	250.36	100.27	60.06	-	50.09	-
Accounts Receivable	210.52	218.36	258.62	199.29	185.48	145.39
Other Receivables	0.49	0.34	0.13	0.1	10.92	0.18
Inventory	25.4	100.71	73.51	106.91	40.61	33
Other Current Assets	63.83	31.44	19.47	16.22	54.78	9.23
Total Current Assets	699.11	822.49	863.61	519.03	581.18	375.92
Property, Plant & Equipment	955.07	970.93	809.91	719.85	686.56	449.93
Other Intangible Assets	87.62	66.22	52.64	55.68	57.87	35.89
Long-Term Deferred Tax Assets	14.3	14.24	13.02	10.75	4.51	5.95
Long-Term Deferred Charges	5.2	6.27	8.14	7.6	4.06	1.4
Long-Term Accounts Receivable	-	-	-	-	-	10.02
Other Long-Term Assets	49.08	5.07	3.54	37.28	30.53	67.34
Total Assets	1,810	1,885	1,751	1,350	1,365	946.45
Accounts Payable	16.51	86.61	55.79	45.01	71.91	25.77
Accrued Expenses	11.93	19.9	19.3	25.9	12.81	11.11
Short-Term Debt	20.02	20.02	18.02	107.72	102.79	154.18
Current Portion of Long-Term Debt	0.93	20.02	-	-	-	-
Current Unearned Revenue	2.64	3.59	4.35	4.38	5.19	4.98
Current Portion of Leases	-	0.95	-	-	12.49	20.82
Current Income Taxes Payable	19.58	22.7	33.82	4.74	11.89	7.8
Other Current Liabilities	11.97	11.44	9.57	7.53	5.97	9.9
Total Current Liabilities	83.57	185.24	140.85	195.28	223.06	234.57
Long-Term Debt	350.37	339.1	322.54	10.01	-	100.13
Long-Term Leases	2.75	3.44	-	-	-	15.7
Long-Term Unearned Revenue	53.48	26.95	26.33	23.12	-	-
Long-Term Deferred Tax Liabilities	7.07	10.01	1.22	1.51	1.86	2.16
Total Liabilities	497.24	564.75	490.94	229.92	224.92	352.56
Common Stock	400.58	400.51	400.49	400.45	400.45	320.36
Additional Paid-In Capital	355.04	354.52	354.3	354.01	354.01	1.88
Retained Earnings	543.84	524.1	449.65	361.1	385.33	271.64
Comprehensive Income & Other	39.04	39.12	52.22	-	-	-
Total Common Equity	1,311	1,318	1,257	1,116	1,140	593.88
Minority Interest	1.99	2.22	3.25	4.73	-	-
Shareholders' Equity	1,313	1,320	1,260	1,120	1,140	593.88
Total Liabilities & Equity	1,810	1,885	1,751	1,350	1,365	946.45
Total Debt	374.07	383.54	340.56	117.73	115.28	290.84
Net Cash (Debt)	24.8	88.09	171.32	78.78	174.11	-102.72
Net Cash Growth	-39.32%	-48.58%	117.46%	-54.75%	-	-
Net Cash Per Share	0.06	0.22	0.41	0.20	0.49	-0.32
Filing Date Shares Outstanding	373.7	400.51	400.49	400.45	400.45	320.36
Total Common Shares Outstanding	373.7	400.51	400.49	400.45	400.45	320.36
Working Capital	615.55	637.25	722.76	323.75	358.12	141.35
Book Value Per Share	3.51	3.29	3.14	2.79	2.85	1.85
Tangible Book Value	1,224	1,252	1,204	1,060	1,082	558
Tangible Book Value Per Share	3.27	3.13	3.01	2.65	2.70	1.74
Buildings	-	267.84	222.22	215.15	215.15	108.25
Machinery	-	1,061	845.27	682.3	640.79	403.98
Construction In Progress	-	1.08	22.53	56.14	63.27	161.49

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