China Security 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	559.2	762.96	741.67	1,141	507.44	502.47
Short-Term Investments	-	31.11	47.75	54.83	-	-
Trading Asset Securities	-	-	-	-	-	2.8
Cash & Short-Term Investments	559.2	794.07	789.42	1,196	507.44	505.27
Cash Growth	2.10%	0.59%	-33.98%	135.65%	0.43%	-19.00%
Accounts Receivable	1,538	1,450	1,438	1,409	1,666	1,736
Other Receivables	89.54	1.76	1.62	2.02	106.3	119.6
Receivables	1,627	1,451	1,439	1,412	1,772	1,856
Inventory	100.29	84.47	133.69	141.72	98.55	89.36
Prepaid Expenses	-	19.95	18.59	15.57	14.07	16.67
Other Current Assets	120.35	156.76	214.87	184.73	74.14	89.14
Total Current Assets	2,407	2,507	2,596	2,949	2,467	2,556
Property, Plant & Equipment	435.22	455.33	449.99	516	525.38	494.69
Long-Term Investments	44.56	49.6	56.62	51.73	51.87	29.4
Goodwill	317.36	317.66	313.41	309.91	448.47	909.7
Other Intangible Assets	66.63	61.32	67.83	73.44	76.85	139.66
Long-Term Accounts Receivable	41.43	35.81	69.93	57.45	83.23	118.47
Long-Term Deferred Tax Assets	127.51	136.65	145.28	143.91	116.63	103.89
Long-Term Deferred Charges	15.56	15.84	19.9	16.77	18.59	14.22
Other Long-Term Assets	201.91	201.86	216.24	195.65	234.98	263.54
Total Assets	3,657	3,781	3,935	4,314	4,023	4,630
Accounts Payable	814.09	864.35	795.57	833.24	670.2	652.62
Accrued Expenses	211.27	236.99	263.52	279.16	346.8	407.73
Short-Term Debt	67.17	27.69	0.45	8.79	422.56	239.76
Current Portion of Long-Term Debt	28.03	37.78	250.39	22.65	1,148	566.3
Current Portion of Leases	-	14.76	11.18	15.2	10.26	-
Current Income Taxes Payable	53.57	19.58	21.36	18.82	22.52	28.5
Current Unearned Revenue	56.84	49.23	48.68	102.58	73.33	70.94
Other Current Liabilities	468.57	638.2	882.76	1,195	1,950	1,430
Total Current Liabilities	1,700	1,889	2,274	2,476	4,643	3,396
Long-Term Debt	174.37	169.62	-	309.56	537.04	937.04
Long-Term Leases	13.61	20.37	18.01	22.46	17.89	-
Long-Term Unearned Revenue	0.13	0.24	0.39	0.54	0.7	0.76
Long-Term Deferred Tax Liabilities	36.14	38.68	47.33	43.74	44.5	49.95
Other Long-Term Liabilities	6.35	5.53	5.07	2.23	224.69	153.27
Total Liabilities	1,930	2,123	2,345	2,854	5,468	4,537
Common Stock	2,873	2,876	2,863	2,810	1,283	1,283
Additional Paid-In Capital	2,845	2,835	2,800	2,754	1,009	1,009
Retained Earnings	-3,817	-4,015	-4,035	-4,125	-3,789	-2,293
Treasury Stock	-275.84	-132.96	-139.9	-68.41	-	-
Comprehensive Income & Other	102.33	94.29	100.7	88.78	50.96	93.34
Total Common Equity	1,727	1,658	1,589	1,459	-1,446	92.61
Minority Interest	-	-	0.76	0.78	0.71	-
Shareholders' Equity	1,727	1,658	1,590	1,460	-1,445	92.61
Total Liabilities & Equity	3,657	3,781	3,935	4,314	4,023	4,630
Total Debt	283.19	270.23	280.04	378.66	2,135	1,743
Net Cash (Debt)	276.01	523.83	509.37	817.14	-1,628	-1,238
Net Cash Growth	-12.93%	2.84%	-37.66%	-	-	-
Net Cash Per Share	0.10	0.18	0.18	0.29	-1.27	-0.95
Filing Date Shares Outstanding	2,873	2,876	2,863	7,329	1,283	1,283
Total Common Shares Outstanding	2,873	2,876	2,863	7,329	1,283	1,283
Working Capital	707.36	618.04	321.81	473.56	-2,176	-839.93
Book Value Per Share	0.60	0.58	0.56	0.20	-1.13	0.07
Tangible Book Value	1,343	1,279	1,208	1,076	-1,971	-956.74
Tangible Book Value Per Share	0.47	0.44	0.42	0.15	-1.54	-0.75
Buildings	-	385.37	339.5	362.99	344.69	324.58
Machinery	-	333.47	467.79	467.96	449.14	412.28
Construction In Progress	-	87.19	0.07	2.1	0.08	24.72

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