SHA:600345 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	767.09	959.1	965.66	396.82	219.15	244.19
Short-Term Investments	-	60	-	-	-	-
Cash & Short-Term Investments	767.09	1,019	965.66	396.82	219.15	244.19
Cash Growth	-3.20%	5.53%	143.35%	81.07%	-10.25%	22.23%
Accounts Receivable	758.76	685.37	560.63	532.86	144.63	122.1
Other Receivables	33.3	24.01	19.27	19.49	6.66	6.98
Receivables	792.05	709.38	579.89	552.34	151.29	129.07
Inventory	336.82	296.94	288.45	209.2	15.65	7.99
Prepaid Expenses	-	0.22	0.27	-	0.1	-
Other Current Assets	94.93	23.39	35.61	12.28	7.93	9.22
Total Current Assets	1,991	2,049	1,870	1,171	394.12	390.47
Property, Plant & Equipment	38.78	331.9	261.94	180.24	60.44	38.38
Long-Term Investments	2,187	2,199	2,236	1,953	1,822	1,707
Other Intangible Assets	49.96	29.89	26.67	27.18	29.72	31.05
Long-Term Accounts Receivable	12.62	21.23	-	-	-	-
Long-Term Deferred Tax Assets	17.62	16.4	15.24	13.47	-	-
Long-Term Deferred Charges	-	-	3.32	3.78	2.3	2.14
Other Long-Term Assets	297.26	21.54	23.62	21.34	9.7	10.06
Total Assets	4,594	4,669	4,437	3,370	2,318	2,179
Accounts Payable	659.16	758.34	620.27	484	124.69	76.75
Accrued Expenses	21.11	98.54	72.25	90.09	18.21	23.68
Short-Term Debt	16	10	23	30.05	31	55.9
Current Portion of Leases	4.67	4.18	2.05	6.21	0.91	-
Current Income Taxes Payable	52.96	0	0	0	0	0
Current Unearned Revenue	174.92	117.33	176.33	166.97	6.42	1.47
Other Current Liabilities	50.39	51.39	50.34	38.43	18.17	16.29
Total Current Liabilities	979.21	1,040	944.25	815.75	199.41	174.09
Long-Term Debt	78.7	80.1	60.8	4.8	-	-
Long-Term Leases	4.05	4.87	0.67	1.03	2.15	-
Long-Term Unearned Revenue	4.85	4.51	4.74	5.75	-	0.5
Long-Term Deferred Tax Liabilities	6.18	6.18	6.18	6.18	6.18	6.18
Total Liabilities	1,073	1,135	1,017	833.52	207.74	180.77
Common Stock	329.61	329.61	329.61	198	198	198
Additional Paid-In Capital	1,316	1,314	1,339	631.3	650.9	619.07
Retained Earnings	1,870	1,872	1,728	1,522	1,251	1,170
Comprehensive Income & Other	4.36	18.01	23.93	15.19	10.25	11.43
Total Common Equity	3,521	3,534	3,420	2,367	2,110	1,998
Minority Interest	-	-	-	169.65	-	-
Shareholders' Equity	3,521	3,534	3,420	2,537	2,110	1,998
Total Liabilities & Equity	4,594	4,669	4,437	3,370	2,318	2,179
Total Debt	103.42	99.14	86.52	42.09	34.06	55.9
Net Cash (Debt)	663.67	919.96	879.14	354.72	185.08	188.29
Net Cash Growth	-3.04%	4.64%	147.84%	91.66%	-1.70%	24.97%
Net Cash Per Share	2.02	2.80	4.45	1.79	0.93	0.95
Filing Date Shares Outstanding	329.61	329.61	329.61	198	198	198
Total Common Shares Outstanding	329.61	329.61	329.61	198	198	198
Working Capital	1,012	1,009	925.64	354.89	194.71	216.37
Book Value Per Share	10.68	10.72	10.38	11.95	10.66	10.09
Tangible Book Value	3,471	3,504	3,394	2,340	2,081	1,967
Tangible Book Value Per Share	10.53	10.63	10.30	11.82	10.51	9.93
Buildings	-	342.54	54.27	54.27	55.4	55.4
Machinery	-	47.1	45.27	44.54	21.22	19.35
Construction In Progress	-	-	223.7	132.19	23.37	3.04

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