SHA:600148 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	202.96	238.54	354.2	317.13	196.46	233.06
Short-Term Investments	-	50	-	-	-	-
Trading Asset Securities	9.24	-	0.04	0.05	0.08	-
Cash & Short-Term Investments	212.2	288.54	354.24	317.17	196.53	233.06
Cash Growth	-27.26%	-18.55%	11.69%	61.38%	-15.67%	31.45%
Accounts Receivable	506.82	440.32	464.77	333.8	651.77	600.93
Other Receivables	1.98	3.52	1.34	1.2	1.22	1.24
Receivables	508.79	443.85	466.11	334.99	652.99	602.17
Inventory	187.73	164.01	180.28	160.99	152.38	266.5
Other Current Assets	121.99	11.88	11.21	15.69	8.92	12.88
Total Current Assets	1,031	908.28	1,012	828.85	1,011	1,115
Property, Plant & Equipment	126.04	131.12	143.46	162.05	176.75	193.07
Other Intangible Assets	24.35	25.53	19.11	22.9	24.75	31.64
Long-Term Deferred Tax Assets	31.13	31.6	27.55	21.13	18.38	15.57
Long-Term Deferred Charges	34.94	27.95	25.82	11.74	7.36	0.72
Other Long-Term Assets	14.42	16.42	18.79	15.81	18.36	2.59
Total Assets	1,262	1,141	1,247	1,062	1,256	1,358
Accounts Payable	525.34	406.34	511.47	296.98	412.7	577.18
Accrued Expenses	6.21	34.83	35.99	37.16	40.4	42.09
Current Portion of Long-Term Debt	-	-	-	-	4	-
Current Portion of Leases	5.92	6.05	8.88	8.61	8.48	8.24
Current Income Taxes Payable	0.22	0.11	-	0.74	3.18	3.02
Current Unearned Revenue	1.19	8.8	0.81	2.59	4.43	5.08
Other Current Liabilities	53.02	43.96	27.26	30.59	54.54	8.17
Total Current Liabilities	591.91	500.09	584.4	376.66	527.72	643.78
Long-Term Debt	-	-	-	-	-	4
Long-Term Leases	-	-	11.59	22.15	23.02	21.46
Long-Term Unearned Revenue	35.24	35.24	34.23	36.09	44.17	48.48
Long-Term Deferred Tax Liabilities	1.22	0.85	0.48	0.53	0.32	0.36
Other Long-Term Liabilities	11.49	3.39	6.57	9.27	19.26	25.36
Total Liabilities	639.85	539.57	637.26	444.7	614.48	743.44
Common Stock	141.52	141.52	141.52	141.52	141.52	141.52
Additional Paid-In Capital	90.62	90.62	89.12	89.12	89.12	89.12
Retained Earnings	237.34	229.17	236.74	236.07	255.82	240.11
Comprehensive Income & Other	5.4	1.82	3.83	7.41	8.27	10.75
Total Common Equity	474.87	463.12	471.2	474.12	494.73	481.49
Minority Interest	146.88	138.22	138.1	143.65	147.21	133.26
Shareholders' Equity	621.75	601.34	609.3	617.77	641.93	614.76
Total Liabilities & Equity	1,262	1,141	1,247	1,062	1,256	1,358
Total Debt	5.92	6.05	20.46	30.75	35.5	33.7
Net Cash (Debt)	206.28	282.49	333.78	286.42	161.04	199.36
Net Cash Growth	-24.81%	-15.37%	16.54%	77.86%	-19.22%	43.70%
Net Cash Per Share	1.48	2.00	2.37	2.03	1.13	1.39
Filing Date Shares Outstanding	141.52	141.52	141.52	141.52	141.52	141.52
Total Common Shares Outstanding	141.52	141.52	141.52	141.52	141.52	141.52
Working Capital	438.8	408.19	427.44	452.19	483.09	470.83
Book Value Per Share	3.36	3.27	3.33	3.35	3.50	3.40
Tangible Book Value	450.52	437.59	452.09	451.22	469.97	449.85
Tangible Book Value Per Share	3.18	3.09	3.19	3.19	3.32	3.18
Buildings	-	125.28	125.28	125.28	125.26	-
Machinery	-	210.93	201.73	210.05	229.42	-
Construction In Progress	-	-	-	1.19	1.7	-

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