SHA:600539 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	69.15	100.03	95.18	175.65	230.57	318.14
Short-Term Investments	-	-	-	-	0	-
Trading Asset Securities	65.37	69.07	100.15	141.14	60	0
Cash & Short-Term Investments	134.52	169.09	195.33	316.79	290.57	318.14
Cash Growth	9.63%	-13.43%	-38.34%	9.02%	-8.66%	-18.21%
Accounts Receivable	35.8	40.51	38.01	67.56	52.29	32.48
Other Receivables	9.29	6.22	22.98	6.8	7.75	8.34
Receivables	45.09	46.73	60.99	74.35	60.04	40.82
Inventory	187.56	153.24	158.72	112.19	131.56	117.45
Prepaid Expenses	-	0.31	0.26	0.03	0.54	-
Other Current Assets	41.29	16.41	51.01	40.13	40.13	30.53
Total Current Assets	408.46	385.78	466.31	543.49	522.84	506.94
Property, Plant & Equipment	21	26.38	24.09	29.54	37.7	13.97
Long-Term Investments	3.01	3.01	2.69	17.99	14.25	-
Goodwill	50.67	50.67	50.67	76.21	76.21	79.05
Other Intangible Assets	1.92	1.84	2.17	1.15	0.15	0.18
Long-Term Deferred Tax Assets	7.3	8.25	8.16	4.82	2.41	2.34
Long-Term Deferred Charges	1.26	1.52	1.95	2.52	2.95	0.64
Other Long-Term Assets	-	-	0.03	28.51	16.45	0.03
Total Assets	493.61	477.45	556.06	704.22	672.95	603.14
Accounts Payable	42.57	19.28	23.22	15.36	15.81	17.15
Accrued Expenses	6.77	11.28	13.14	22.33	13.15	18.69
Short-Term Debt	39.54	36.36	35.07	44.27	44.47	8.01
Current Portion of Leases	3.59	4.18	2.1	4.1	6.05	-
Current Income Taxes Payable	4.16	0.92	1.12	8.03	11.62	13.08
Current Unearned Revenue	2.69	5.1	25.86	2.41	12.01	3.75
Other Current Liabilities	10.07	8.15	17.24	6.64	15.51	18.96
Total Current Liabilities	109.4	85.27	117.75	103.13	118.61	79.64
Long-Term Leases	4.93	8.62	6.17	7.21	13.5	-
Long-Term Unearned Revenue	0.49	0.61	0.77	0.92	-	-
Long-Term Deferred Tax Liabilities	3.89	4.08	3.13	4.27	6.05	5.13
Total Liabilities	118.71	98.58	127.82	115.54	138.17	84.78
Common Stock	230	230	230	230	230	230
Additional Paid-In Capital	523.08	523.08	523.31	544.52	546.54	546.36
Retained Earnings	-435.23	-431.28	-401.66	-324.07	-341.59	-354.96
Total Common Equity	317.85	321.8	351.65	450.45	434.95	421.39
Minority Interest	57.05	57.06	76.59	138.23	99.83	96.97
Shareholders' Equity	374.91	378.86	428.24	588.68	534.78	518.37
Total Liabilities & Equity	493.61	477.45	556.06	704.22	672.95	603.14
Total Debt	48.06	49.17	43.34	55.59	64.03	8.01
Net Cash (Debt)	86.45	119.92	151.99	261.2	226.55	310.13
Net Cash Growth	5.30%	-21.10%	-41.81%	15.30%	-26.95%	-20.27%
Net Cash Per Share	0.38	0.53	0.67	1.19	0.94	1.39
Filing Date Shares Outstanding	230	230	230	230	230	230
Total Common Shares Outstanding	230	230	230	230	230	230
Working Capital	299.06	300.52	348.56	440.36	404.23	427.3
Book Value Per Share	1.38	1.40	1.53	1.96	1.89	1.83
Tangible Book Value	265.27	269.29	298.81	373.09	358.6	342.17
Tangible Book Value Per Share	1.15	1.17	1.30	1.62	1.56	1.49
Buildings	-	10.4	10.4	10.4	10.4	10.4
Machinery	-	13.26	13.74	13.98	12.39	7.82

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