SHA:605488 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	384.47	335.01	534.3	440.48	277.07	152.34
Trading Asset Securities	0.14	100.12	20.51	30.47	305.58	0.36
Cash & Short-Term Investments	384.62	435.13	554.81	470.96	582.66	152.7
Cash Growth	-11.55%	-21.57%	17.80%	-19.17%	281.57%	71.84%
Accounts Receivable	704.12	587.22	509.05	404.3	368.33	271.13
Other Receivables	9.28	51.55	40.43	30.29	38.54	2.52
Receivables	713.4	638.77	549.48	434.6	406.87	273.64
Inventory	296.68	255.97	200.16	126.65	166.04	121.58
Other Current Assets	139.27	130.76	75.93	30.36	32.85	22.02
Total Current Assets	1,534	1,461	1,380	1,063	1,188	569.94
Property, Plant & Equipment	1,986	1,886	1,211	533	290.17	201.22
Long-Term Investments	19.03	13.44	10.97	12.35	2.22	-
Other Intangible Assets	120.92	123.53	126.34	83	68.26	33.28
Long-Term Deferred Tax Assets	15.25	2.08	22.13	6.86	7.51	2.94
Long-Term Deferred Charges	6.23	6.28	3.32	2.29	1.75	0.83
Other Long-Term Assets	18.44	11.92	137.12	161.63	38.3	4.44
Total Assets	3,700	3,504	2,891	1,862	1,597	812.66
Accounts Payable	644.99	458.05	522.27	356.74	391.74	282.34
Accrued Expenses	36.81	54.1	46.19	29.77	49.59	29.31
Short-Term Debt	533.1	485.99	214.15	75.09	10.01	48.86
Current Portion of Long-Term Debt	196.63	182.58	89.16	75.1	-	-
Current Portion of Leases	-	2.66	3.88	3.14	3.19	-
Current Income Taxes Payable	9.86	4.49	9.34	0.02	2.07	8.5
Current Unearned Revenue	19.48	34.96	4.74	4.67	6.06	1.65
Other Current Liabilities	78.25	153.45	165.04	28.76	36.4	11.38
Total Current Liabilities	1,519	1,376	1,055	573.29	499.06	382.04
Long-Term Debt	544.5	615.2	491.87	169.52	-	-
Long-Term Leases	3.26	4.89	6.7	2.44	2.88	-
Long-Term Unearned Revenue	4.05	4.97	2.23	2.9	3.41	2.48
Long-Term Deferred Tax Liabilities	-	-	-	3.03	0.85	0.05
Other Long-Term Liabilities	0.34	0.42	0.75	-	-	-
Total Liabilities	2,071	2,002	1,556	751.19	506.19	384.58
Common Stock	280.21	194.75	187.8	176.76	121.84	90
Additional Paid-In Capital	857.24	832.56	728.87	592.69	644.45	116.86
Retained Earnings	456.9	421.23	338.43	302.96	288.41	220.92
Treasury Stock	-59.53	-61.56	-42.61	-24.69	-24.7	-
Comprehensive Income & Other	19.22	37.95	58.79	-	-	-
Total Common Equity	1,554	1,425	1,271	1,048	1,030	427.78
Minority Interest	74.9	77.07	63.37	62.79	60.43	0.3
Shareholders' Equity	1,629	1,502	1,335	1,111	1,090	428.08
Total Liabilities & Equity	3,700	3,504	2,891	1,862	1,597	812.66
Total Debt	1,277	1,291	805.76	325.29	16.08	48.86
Net Cash (Debt)	-892.88	-856.18	-250.95	145.67	566.58	103.84
Net Cash Growth	-	-	-	-74.29%	445.65%	151.51%
Net Cash Per Share	-3.12	-3.16	-1.00	0.59	2.60	0.57
Filing Date Shares Outstanding	276.67	269.26	251.34	246.3	243.6	178.13
Total Common Shares Outstanding	276.67	269.26	251.34	246.3	243.6	178.13
Working Capital	14.85	84.35	325.61	489.27	689.36	187.91
Book Value Per Share	5.62	5.15	4.82	4.25	4.23	2.40
Tangible Book Value	1,433	1,301	1,145	964.72	961.74	394.5
Tangible Book Value Per Share	5.18	4.69	4.32	3.92	3.95	2.21
Buildings	-	640.36	427.46	137.75	121.58	121.38
Machinery	-	788.57	511.2	267.75	234.41	209.96
Construction In Progress	-	644.23	468.7	305.28	87.61	6.62

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