SHA:605169 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	716.03	829.41	810.18	776.93	931.59	1,082
Short-Term Investments	-	-	-	2.03	0.59	1.28
Accounts Receivable	46.8	77.1	14.46	14.81	25.86	20.68
Other Receivables	17.55	8.17	6.69	3.54	0.4	0.22
Inventory	57.84	46.76	49.64	24.64	19.56	20.31
Other Current Assets	158.32	65.07	90.26	81.85	62.03	36.98
Total Current Assets	996.53	1,027	971.22	903.81	1,040	1,161
Property, Plant & Equipment	1,269	1,285	1,328	1,243	981.51	641.01
Other Intangible Assets	178.14	181.25	161.15	149.76	127.71	104.24
Long-Term Investments	67.72	68.71	53.61	89.17	93.41	91.3
Long-Term Deferred Tax Assets	5.03	6.31	9.77	4.34	3.52	2.07
Long-Term Deferred Charges	11.02	11.58	5.85	2.85	3.3	0.54
Other Long-Term Assets	8.56	12.37	25.49	16.5	29.24	11.35
Total Assets	2,536	2,592	2,555	2,410	2,279	2,011
Accounts Payable	153.17	149.3	216.82	224.21	199.46	115.95
Accrued Expenses	9.33	25.96	28.24	25.84	24.04	13.55
Short-Term Debt	126.01	166.52	124.7	60.11	70.15	80.14
Current Portion of Long-Term Debt	8.49	20.57	31.11	9	-	-
Current Unearned Revenue	72.48	74.29	91.71	58.88	56.61	54.41
Current Portion of Leases	-	2.21	1.78	1.52	1.57	-
Current Income Taxes Payable	10.87	8.56	9.61	8.37	13.57	8.97
Other Current Liabilities	18.83	24.83	21.49	23.72	26.25	15.18
Total Current Liabilities	399.17	472.24	525.46	411.65	391.64	288.2
Long-Term Debt	61.35	52.03	96.56	154.6	102.84	48.08
Long-Term Leases	5.8	12.14	13.82	3.07	4.16	-
Long-Term Unearned Revenue	31.25	35	40	47.03	53.16	54.3
Long-Term Deferred Tax Liabilities	7.65	8.29	3.56	2.96	3.52	1.16
Other Long-Term Liabilities	6.96	3.5	-	-	-	-
Total Liabilities	512.18	583.19	679.4	619.31	555.32	391.73
Common Stock	282.88	282.88	282.88	282.88	208	160
Additional Paid-In Capital	813.75	813.75	813.11	813.04	887.92	935.92
Retained Earnings	802.63	779.5	694.62	598.07	541.36	437.3
Treasury Stock	-50	-23.03	-	-	-	-
Comprehensive Income & Other	103.77	86.8	21.89	38.11	32.41	32.86
Total Common Equity	1,953	1,940	1,813	1,732	1,670	1,566
Minority Interest	71.03	69	63.37	58.2	53.69	53.67
Shareholders' Equity	2,024	2,009	1,876	1,790	1,723	1,620
Total Liabilities & Equity	2,536	2,592	2,555	2,410	2,279	2,011
Total Debt	201.66	253.46	267.97	228.3	178.72	128.22
Net Cash (Debt)	514.37	575.95	542.21	550.66	753.46	954.57
Net Cash Growth	9.41%	6.22%	-1.54%	-26.91%	-21.07%	857.25%
Net Cash Per Share	1.83	2.05	1.92	1.95	2.66	4.26
Filing Date Shares Outstanding	277.1	279.84	282.97	282.88	282.88	282.88
Total Common Shares Outstanding	277.1	279.84	282.97	282.88	282.88	282.88
Working Capital	597.36	554.27	445.76	492.15	648.37	872.78
Book Value Per Share	7.05	6.93	6.41	6.12	5.90	5.54
Tangible Book Value	1,775	1,759	1,651	1,582	1,542	1,462
Tangible Book Value Per Share	6.41	6.28	5.84	5.59	5.45	5.17
Buildings	-	712.89	589.79	411.75	368.76	260.42
Machinery	-	892.31	845.71	498.15	461.87	312.14
Construction In Progress	-	33.9	138.67	545.1	304.59	225.91

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