SHA:605196 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	913.1	970.05	986.16	1,262	574.25	402.37
Short-Term Investments	-	-	-	-	-	1.98
Trading Asset Securities	0.04	0.04	0.04	50.17	0.81	9.33
Cash & Short-Term Investments	913.14	970.1	986.2	1,312	575.05	413.68
Cash Growth	-15.49%	-1.63%	-24.84%	128.18%	39.01%	47.82%
Accounts Receivable	2,292	2,049	1,585	1,763	1,787	971.95
Other Receivables	96.83	73.38	95.05	62.89	45.74	27.13
Receivables	2,389	2,122	1,680	1,826	1,833	999.09
Inventory	1,996	1,535	1,193	1,110	961.56	717.15
Prepaid Expenses	-	-	-	-	-	0.09
Other Current Assets	262.79	159.36	148.44	159.2	98.19	84.09
Total Current Assets	5,561	4,786	4,008	4,407	3,468	2,214
Property, Plant & Equipment	3,420	1,860	1,245	765.53	709.38	694.53
Long-Term Investments	23.55	23.01	22.79	22.48	21.89	21.83
Goodwill	-	-	0.48	0.47	0.43	0.44
Other Intangible Assets	95.45	100.14	74.39	64.41	52.31	40.37
Long-Term Accounts Receivable	-	32.21	13.5	40.16	21.43	-
Long-Term Deferred Tax Assets	86.15	71.29	60.84	57.4	38.37	35.46
Long-Term Deferred Charges	25.24	25.83	-	-	-	1.84
Other Long-Term Assets	128.56	187.08	91.75	87.2	80.38	24.89
Total Assets	9,340	7,086	5,517	5,444	4,392	3,033
Accounts Payable	1,565	502.93	479.44	437.24	590.19	346.34
Accrued Expenses	36.31	162.53	152.59	147.08	92.98	92.08
Short-Term Debt	2,135	1,688	1,486	1,798	1,030	590.57
Current Portion of Long-Term Debt	1,017	288.21	41.98	169.74	11.67	91.15
Current Portion of Leases	-	181.09	28.88	13.95	1.33	6.82
Current Income Taxes Payable	20.91	11.44	9.92	14.18	14.82	4.2
Current Unearned Revenue	117.54	86.87	90.93	116.58	45.75	27
Other Current Liabilities	541.53	105.2	158.86	156.57	138.74	38.72
Total Current Liabilities	5,433	3,026	2,449	2,854	1,926	1,197
Long-Term Debt	407.45	639.5	154.64	56.07	212.11	32.58
Long-Term Leases	165.99	235.45	31.41	10.42	3.03	-
Long-Term Unearned Revenue	32.83	34.67	39.42	46.57	49.85	44.84
Long-Term Deferred Tax Liabilities	1.41	1.55	3	1.02	0.63	1.4
Other Long-Term Liabilities	-	-	-	-	2.82	-
Total Liabilities	6,041	3,937	2,677	2,968	2,194	1,276
Common Stock	511	511.48	511.52	511.44	506.82	430.82
Additional Paid-In Capital	977.66	988.17	984.08	975.05	959.58	707.91
Retained Earnings	1,836	1,611	1,328	989.83	745.14	623.29
Treasury Stock	-68.25	-2.52	-11.22	-19.36	-	-
Comprehensive Income & Other	44.36	40.25	25.7	13.51	-15.28	-5.76
Total Common Equity	3,301	3,148	2,838	2,470	2,196	1,756
Minority Interest	-1.48	0.75	1.79	6.03	1.43	1.49
Shareholders' Equity	3,299	3,149	2,840	2,477	2,198	1,758
Total Liabilities & Equity	9,340	7,086	5,517	5,444	4,392	3,033
Total Debt	3,725	3,032	1,743	2,049	1,258	721.12
Net Cash (Debt)	-2,812	-2,062	-756.65	-736.46	-683.28	-307.44
Net Cash Per Share	-5.46	-4.00	-1.48	-1.45	-1.42	-0.71
Filing Date Shares Outstanding	511	511.48	511.52	511.44	506.82	430.82
Total Common Shares Outstanding	511	511.48	511.52	511.44	506.82	430.82
Working Capital	128.01	1,760	1,560	1,553	1,542	1,017
Book Value Per Share	6.46	6.16	5.55	4.83	4.33	4.08
Tangible Book Value	3,205	3,048	2,763	2,406	2,144	1,715
Tangible Book Value Per Share	6.27	5.96	5.40	4.70	4.23	3.98
Buildings	-	527.78	526.8	500.77	480.86	441.4
Machinery	-	933.92	838.13	708.16	635.45	591.68
Construction In Progress	-	980.17	432.44	90.21	54.59	73.69

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