SHA:600381 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	127.27	207.22	172.26	168.69	164.94	180.87
Short-Term Investments	-	-	-	1.63	-	-
Trading Asset Securities	0.75	0.74	0.67	0.66	34.65	31.63
Cash & Short-Term Investments	128.02	207.96	172.93	170.98	199.59	212.5
Cash Growth	-11.35%	20.26%	1.14%	-14.33%	-6.08%	-37.11%
Accounts Receivable	84.7	70.99	62.95	55.37	108.13	162.65
Other Receivables	3.05	0.44	6.64	10.26	18.93	147.56
Receivables	87.75	71.42	69.59	65.63	127.06	310.21
Inventory	154.8	174	297.11	333.5	394.5	440.43
Other Current Assets	184.77	164.77	209.61	245.9	273.31	280.11
Total Current Assets	555.34	618.15	749.24	816	994.46	1,243
Property, Plant & Equipment	246.31	262.15	296.42	281.18	296.92	314.39
Long-Term Investments	51.89	51.89	89	228.97	270.96	345.14
Other Intangible Assets	73.29	74.29	83.25	84.68	145.78	166.36
Long-Term Deferred Tax Assets	34.19	38.62	31.34	30.83	23	18.97
Long-Term Deferred Charges	6.64	6.63	8.08	2.33	3.13	3.72
Other Long-Term Assets	112.22	112.56	101.99	115.24	113.87	114.33
Total Assets	1,080	1,164	1,359	1,559	1,848	2,206
Accounts Payable	1.57	9.09	6.77	2.67	3.74	122
Accrued Expenses	1.73	16.35	17.2	9.01	7.21	2.78
Current Portion of Leases	4.58	8.82	8.83	1.95	0.55	-
Current Income Taxes Payable	2.47	2.07	2.17	-	-	1.3
Current Unearned Revenue	20.6	83.66	40.44	2.31	9.63	1.44
Other Current Liabilities	13.87	4.55	5.73	5.79	3.59	6.48
Total Current Liabilities	44.82	124.55	81.14	21.73	24.7	133.99
Long-Term Leases	0.05	2.98	9.83	2.95	0.58	-
Long-Term Unearned Revenue	0.48	0.5	1.01	1.63	2.36	3.09
Long-Term Deferred Tax Liabilities	-	-	0	-	-	-
Total Liabilities	45.34	128.02	91.99	26.3	27.64	137.08
Common Stock	587.06	587.06	587.06	587.06	587.06	587.06
Additional Paid-In Capital	237.37	237.37	237.37	237.37	237.37	237.37
Retained Earnings	239.03	241.86	440.63	708.5	996.04	1,245
Treasury Stock	-33.75	-33.75	-	-	-	-
Total Common Equity	1,030	1,033	1,265	1,533	1,820	2,069
Minority Interest	4.82	3.71	2.25	-0	-	-
Shareholders' Equity	1,035	1,036	1,267	1,533	1,820	2,069
Total Liabilities & Equity	1,080	1,164	1,359	1,559	1,848	2,206
Total Debt	4.62	11.8	18.66	4.9	1.13	-
Net Cash (Debt)	123.4	196.16	154.27	166.09	198.46	212.5
Net Cash Growth	-5.95%	27.15%	-7.11%	-16.31%	-6.61%	-37.11%
Net Cash Per Share	0.22	0.34	0.26	0.28	0.34	0.36
Filing Date Shares Outstanding	572.36	572.36	587.06	587.06	587.06	587.06
Total Common Shares Outstanding	572.36	572.36	587.06	587.06	587.06	587.06
Working Capital	510.53	493.61	668.09	794.28	969.75	1,109
Book Value Per Share	1.80	1.80	2.15	2.61	3.10	3.52
Tangible Book Value	956.43	958.26	1,182	1,448	1,675	1,903
Tangible Book Value Per Share	1.67	1.67	2.01	2.47	2.85	3.24
Buildings	-	306.66	319.75	298.95	301.11	301.11
Machinery	-	110.16	107.22	106.11	105.92	104.33
Construction In Progress	-	-	-	1.28	-	-

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