SHA:605199 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	110.74	254.29	522.69	480.37	487.68	345.88
Cash & Short-Term Investments	110.74	254.29	522.69	480.37	487.68	345.88
Cash Growth	-22.89%	-51.35%	8.81%	-1.50%	41.00%	124.47%
Accounts Receivable	479.21	416.74	469.77	453.68	355.42	383.94
Other Receivables	20.8	2.81	6.3	2.92	4.18	30.36
Receivables	500.01	419.55	476.06	456.6	359.6	414.3
Inventory	347.32	446.77	280.5	213.56	213.23	185.99
Other Current Assets	114.47	98.87	63.28	96.73	26.32	13.47
Total Current Assets	1,073	1,219	1,343	1,247	1,087	959.64
Property, Plant & Equipment	1,403	1,382	1,263	802.62	529.36	416.79
Long-Term Investments	17.1	18.42	20.44	20.1	-	-
Goodwill	12.11	12.11	12.11	-	-	-
Other Intangible Assets	194.83	182	160.05	102.36	113.99	124.87
Long-Term Deferred Tax Assets	13.72	13.56	8.33	5.1	8.12	15.07
Long-Term Deferred Charges	79.09	95.18	87.84	55.55	22.63	4.79
Other Long-Term Assets	7.34	41.86	44.95	79.08	-	-
Total Assets	2,800	2,965	2,939	2,312	1,761	1,521
Accounts Payable	411.77	404.37	194.16	139.92	44.75	126.03
Accrued Expenses	19.02	41.87	38.65	48.16	145.99	49.39
Short-Term Debt	466.66	411.32	420.62	500.95	438.98	210.28
Current Portion of Long-Term Debt	202.78	262.17	118.52	0.13	52.08	20.69
Current Portion of Leases	-	41.95	2.98	4.5	4.05	-
Current Income Taxes Payable	10.09	1.19	9.4	2.13	1.28	7.24
Current Unearned Revenue	79.22	126.87	120.42	262.18	66	83.09
Other Current Liabilities	113.42	148.33	152.33	98.93	40.81	47.8
Total Current Liabilities	1,303	1,438	1,057	1,057	793.95	544.52
Long-Term Debt	644.64	589.54	737.43	177.61	-	52.05
Long-Term Leases	1.87	93.81	2.07	0.79	4.1	-
Long-Term Unearned Revenue	111.14	96.92	76.23	61.5	32.36	8.11
Long-Term Deferred Tax Liabilities	2.48	2.74	2.95	-	-	-
Other Long-Term Liabilities	1.05	0.18	-	-	-	-
Total Liabilities	2,064	2,221	1,876	1,297	830.41	604.68
Common Stock	400.11	400.11	400.11	400.11	400.11	400.11
Additional Paid-In Capital	290.56	290.56	290.56	290.56	290.56	290.56
Retained Earnings	-1.62	9.59	334.07	323.21	237.53	225.8
Comprehensive Income & Other	0.24	0.28	-	-	-	-
Total Common Equity	689.3	700.55	1,025	1,014	928.21	916.48
Minority Interest	46.36	42.73	38.99	1.38	2.32	-
Shareholders' Equity	735.65	743.28	1,064	1,015	930.52	916.48
Total Liabilities & Equity	2,800	2,965	2,939	2,312	1,761	1,521
Total Debt	1,316	1,399	1,282	683.98	499.21	283.02
Net Cash (Debt)	-1,205	-1,145	-758.92	-203.61	-11.53	62.86
Net Cash Per Share	-3.22	-2.88	-2.10	-0.50	-0.03	0.17
Filing Date Shares Outstanding	400.11	400.11	400.11	400.11	400.11	400.11
Total Common Shares Outstanding	400.11	400.11	400.11	400.11	400.11	400.11
Working Capital	-230.42	-218.6	285.45	190.37	292.88	415.11
Book Value Per Share	1.72	1.75	2.56	2.53	2.32	2.29
Tangible Book Value	482.36	506.45	852.58	911.53	814.21	791.6
Tangible Book Value Per Share	1.21	1.27	2.13	2.28	2.03	1.98
Buildings	-	905.07	353.33	318.42	304.62	304.62
Machinery	-	531.56	306.73	273.68	273.15	265.74
Construction In Progress	-	252.92	873.63	433.13	149.69	22.73

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