SHA:600103 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	471.14	653.6	972.6	1,113	404.53	478.1
Trading Asset Securities	1,699	1,737	1,506	1,160	1,560	1,575
Cash & Short-Term Investments	2,170	2,391	2,479	2,273	1,965	2,053
Cash Growth	9.60%	-3.56%	9.06%	15.70%	-4.31%	3.23%
Accounts Receivable	725.03	778	718.04	667.76	680.55	622.58
Other Receivables	20.67	24.36	35.38	23.94	22.97	22.99
Receivables	745.7	802.35	753.43	691.7	703.52	645.57
Inventory	579.27	569.09	530.73	599.13	582	557.87
Prepaid Expenses	-	-	-	0.02	-	-
Other Current Assets	62.78	99.92	51.62	39.32	21.14	31.36
Total Current Assets	3,558	3,862	3,815	3,603	3,271	3,288
Property, Plant & Equipment	1,766	1,807	1,639	1,309	1,416	1,478
Long-Term Investments	93.33	92.4	91.01	89.48	53.37	54.01
Goodwill	6.89	8.02	9.54	11.08	12.63	14.18
Other Intangible Assets	174.46	170.14	172.99	187.9	207.82	221.02
Long-Term Deferred Tax Assets	106.64	103.01	105.3	100.63	96.78	102.67
Long-Term Deferred Charges	8.08	18.98	13.43	9.33	12.9	11.7
Other Long-Term Assets	309.21	307.91	320.81	513.68	319.62	323.7
Total Assets	6,023	6,370	6,167	5,824	5,391	5,493
Accounts Payable	568.96	891.16	755	744.32	524.49	354.8
Accrued Expenses	95.58	73.61	79.64	98.51	57.51	74.96
Short-Term Debt	632.84	641.41	730.52	432.11	333.31	676.66
Current Portion of Long-Term Debt	22.63	215.06	143.35	19.52	159.71	43.16
Current Portion of Leases	-	1.68	1.01	3.12	3.22	-
Current Income Taxes Payable	8.9	2	0.72	19.24	12.59	10.97
Current Unearned Revenue	48.86	43.16	45.95	48.91	75.4	46.64
Other Current Liabilities	154.22	105.25	66.86	61.67	85.74	79.4
Total Current Liabilities	1,532	1,973	1,823	1,427	1,252	1,287
Long-Term Debt	35	-	35	141.56	93.76	188.41
Long-Term Leases	3.4	1.19	0.96	2.12	4.31	-
Long-Term Unearned Revenue	6.92	4.44	5.7	10.85	15.39	28.41
Long-Term Deferred Tax Liabilities	84.42	85.62	82.49	77.87	78.17	79.86
Other Long-Term Liabilities	2.94	-	-	-	-	-
Total Liabilities	1,665	2,065	1,947	1,660	1,444	1,583
Common Stock	2,241	2,253	2,306	2,306	2,306	2,306
Additional Paid-In Capital	731.14	727.54	825.97	825.97	825.97	825.97
Retained Earnings	1,032	993.51	946.16	934.87	727.12	536.83
Treasury Stock	-29.67	-43.32	-200.5	-200.5	-200.5	-36.91
Comprehensive Income & Other	-0.34	-1.16	-1.91	-1.54	-2.07	-1.06
Total Common Equity	3,974	3,930	3,876	3,865	3,656	3,631
Minority Interest	384.39	375.31	344.28	299.43	290.86	278.96
Shareholders' Equity	4,358	4,305	4,220	4,164	3,947	3,910
Total Liabilities & Equity	6,023	6,370	6,167	5,824	5,391	5,493
Total Debt	693.88	859.34	910.85	598.43	594.31	908.23
Net Cash (Debt)	1,476	1,531	1,568	1,675	1,370	1,145
Net Cash Growth	12.46%	-2.34%	-6.35%	22.21%	19.68%	-2.69%
Net Cash Per Share	0.66	0.69	0.71	0.76	0.61	0.50
Filing Date Shares Outstanding	2,241	2,209	2,212	2,212	2,212	2,260
Total Common Shares Outstanding	2,241	2,209	2,212	2,212	2,212	2,287
Working Capital	2,026	1,889	1,992	2,176	2,019	2,001
Book Value Per Share	1.77	1.78	1.75	1.75	1.65	1.59
Tangible Book Value	3,792	3,752	3,693	3,666	3,436	3,395
Tangible Book Value Per Share	1.69	1.70	1.67	1.66	1.55	1.48
Buildings	-	956.78	830.67	817.61	823.38	824.71
Machinery	-	3,525	2,978	2,944	2,926	2,849
Construction In Progress	87.31	28.53	437.24	38.18	32.68	44.03

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