SHA:600513 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	268.82	227.72	281.38	330.65	330.69	241.83
Trading Asset Securities	-	-	-	-	-	0.04
Cash & Short-Term Investments	268.82	227.72	281.38	330.65	330.69	241.87
Cash Growth	29.75%	-19.07%	-14.90%	-0.01%	36.73%	-16.17%
Accounts Receivable	788.36	593.41	585.63	575.95	517.71	503.87
Other Receivables	43.27	69.39	28.17	14.74	17.06	18.95
Receivables	831.63	662.81	613.8	590.69	534.77	522.82
Inventory	633.37	439.32	315.45	279.39	202.59	194.97
Other Current Assets	337.5	148.22	142.77	167.83	134.29	103.35
Total Current Assets	2,071	1,478	1,353	1,369	1,202	1,063
Property, Plant & Equipment	1,447	1,210	1,151	1,006	849.99	713.43
Long-Term Investments	13	2.59	11.64	2.93	4.62	4.67
Goodwill	61.52	21.07	21.07	21.07	21.07	21.07
Other Intangible Assets	228.32	100.94	101.32	88.17	76.98	69.5
Long-Term Deferred Tax Assets	27.72	22.13	23.34	20.57	7.62	5.91
Long-Term Deferred Charges	220.8	160.79	41.37	41.49	45.92	35.65
Other Long-Term Assets	39.23	24.21	152.69	166.33	146.25	135.82
Total Assets	4,109	3,019	2,856	2,715	2,355	2,049
Accounts Payable	580.83	351.32	263.38	248.11	227.96	233.91
Accrued Expenses	23.78	57.87	75.53	74.13	46.26	56.75
Short-Term Debt	935.15	697.72	591.76	590.63	504.55	337.99
Current Portion of Long-Term Debt	21.33	98.05	30.4	49.41	4.17	-
Current Portion of Leases	-	1.16	0.71	-	-	-
Current Income Taxes Payable	22.56	4.88	9.14	10.26	5.55	7.46
Current Unearned Revenue	42.7	38.3	27.13	29.07	21.82	22.71
Other Current Liabilities	191.76	90.46	248.46	242.22	207.02	164.19
Total Current Liabilities	1,818	1,340	1,247	1,244	1,017	823.01
Long-Term Debt	508.29	80	79	49.65	49.9	44
Long-Term Leases	10.1	6.39	3.91	-	-	-
Long-Term Unearned Revenue	9.79	11.34	3.93	2.35	2.65	-
Long-Term Deferred Tax Liabilities	25.66	4.75	4.43	5.01	3.93	-
Other Long-Term Liabilities	-	-	0.59	0.37	0.07	0.04
Total Liabilities	2,372	1,442	1,338	1,301	1,074	867.05
Common Stock	285.46	285.46	285.46	287.15	287.99	287.99
Additional Paid-In Capital	259.94	259.94	259.94	268.94	268.64	270.3
Retained Earnings	789.86	850.33	808.99	717.05	611.57	523.84
Treasury Stock	-	-	-	-6.51	-10.09	-10.57
Comprehensive Income & Other	-0.22	-0.12	-0.2	-	-	-
Total Common Equity	1,335	1,396	1,354	1,267	1,158	1,072
Minority Interest	402.2	181.61	163.12	147.11	122.81	110.46
Shareholders' Equity	1,737	1,577	1,517	1,414	1,281	1,182
Total Liabilities & Equity	4,109	3,019	2,856	2,715	2,355	2,049
Total Debt	1,475	883.33	705.78	689.69	558.63	381.99
Net Cash (Debt)	-1,206	-655.61	-424.4	-359.05	-227.93	-140.12
Net Cash Per Share	-4.13	-2.26	-1.48	-1.24	-0.79	-0.49
Filing Date Shares Outstanding	285.46	285.46	285.46	287.15	287.99	287.99
Total Common Shares Outstanding	285.46	285.46	285.46	287.15	287.99	287.99
Working Capital	253.19	138.3	106.88	124.73	185.02	240
Book Value Per Share	4.68	4.89	4.74	4.41	4.02	3.72
Tangible Book Value	1,045	1,274	1,232	1,157	1,060	980.98
Tangible Book Value Per Share	3.66	4.46	4.32	4.03	3.68	3.41
Buildings	-	629	517.38	516.88	381.24	194.65
Machinery	-	658.82	539.58	514.41	341.36	187.94
Construction In Progress	-	100.22	225.81	68.31	184.84	366.68

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