SHA:605296 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	718.02	1,042	544.41	995.7	1,080	278.42
Trading Asset Securities	220.42	-	0.82	140.09	651.38	280
Cash & Short-Term Investments	938.44	1,042	545.23	1,136	1,732	558.42
Cash Growth	-1.40%	91.15%	-52.00%	-34.41%	210.08%	21.13%
Accounts Receivable	97.38	101.21	79.46	27.35	37.91	8.33
Other Receivables	49.54	27.79	47.24	57.16	59.15	14.93
Receivables	146.91	129	126.69	84.5	97.06	23.26
Inventory	1,614	1,310	1,286	1,082	812.69	558.94
Prepaid Expenses	-	0	0.02	0.02	0.02	0.01
Other Current Assets	85.98	70.21	95.14	171.93	68.48	255.33
Total Current Assets	2,786	2,552	2,053	2,474	2,710	1,396
Property, Plant & Equipment	4,052	3,797	3,380	2,801	2,240	1,309
Long-Term Investments	14.64	12.96	0.1	0.1	0.1	0.1
Other Intangible Assets	181.81	132.35	124.16	126.28	128.1	90.8
Long-Term Deferred Tax Assets	3.21	1.23	14.21	8.61	1.03	0.84
Long-Term Deferred Charges	99.27	99.79	106.38	33.63	30.59	56.84
Other Long-Term Assets	23.39	60.61	26.47	25.59	60.02	21.89
Total Assets	7,160	6,655	5,705	5,470	5,170	2,875
Accounts Payable	629.73	350.57	258.83	168.39	159.94	274.71
Accrued Expenses	87.49	115.72	73.33	72.84	50.14	67.26
Short-Term Debt	180.12	205.53	335.56	-	33.04	117.53
Current Portion of Long-Term Debt	78.02	164.53	21.02	-	-	-
Current Portion of Leases	-	41.28	20.1	23.09	16.83	-
Current Income Taxes Payable	4.08	3.6	1.83	1.87	5.93	1.28
Current Unearned Revenue	12.75	10.13	8.51	11.97	8.27	11.09
Other Current Liabilities	333.27	460.48	374.04	341.34	254.11	56.83
Total Current Liabilities	1,325	1,352	1,093	619.5	528.26	528.69
Long-Term Debt	326.78	226.63	234.55	-	-	60
Long-Term Leases	225.8	201.05	140.92	135.15	110.45	-
Long-Term Unearned Revenue	56.71	39.48	34.07	33.22	31.68	26.63
Long-Term Deferred Tax Liabilities	-	-	-	-	0.15	-
Other Long-Term Liabilities	3.59	3.56	3.8	2.95	3.06	0.62
Total Liabilities	1,938	1,823	1,507	790.82	673.6	615.95
Common Stock	524.76	524.84	525.04	524.3	400.23	360.2
Additional Paid-In Capital	2,011	2,068	2,060	2,022	2,063	12.05
Retained Earnings	2,804	2,342	1,656	2,188	2,033	1,887
Treasury Stock	-117.67	-102.37	-45.53	-55.97	-	-
Total Common Equity	5,222	4,833	4,195	4,679	4,496	2,260
Minority Interest	-	-	2.98	-	-	-
Shareholders' Equity	5,222	4,833	4,198	4,679	4,496	2,260
Total Liabilities & Equity	7,160	6,655	5,705	5,470	5,170	2,875
Total Debt	810.72	839.01	752.16	158.24	160.33	177.53
Net Cash (Debt)	127.72	203.21	-206.93	977.56	1,571	380.89
Net Cash Growth	-36.46%	-	-	-37.78%	312.51%	60.36%
Net Cash Per Share	0.24	0.39	-0.40	1.87	3.15	0.81
Filing Date Shares Outstanding	518.18	522.03	533.72	520.3	520.3	468.26
Total Common Shares Outstanding	518.18	522.03	533.72	520.3	520.3	468.26
Working Capital	1,460	1,200	959.76	1,855	2,182	867.28
Book Value Per Share	10.08	9.26	7.86	8.99	8.64	4.83
Tangible Book Value	5,040	4,700	4,071	4,553	4,368	2,169
Tangible Book Value Per Share	9.73	9.00	7.63	8.75	8.40	4.63
Buildings	-	2,541	2,225	1,776	1,354	856.72
Machinery	-	1,561	1,317	976.8	777.27	489.33
Construction In Progress	-	199.37	196.47	303.78	309.78	314.08

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