Shang Hai Ya Tong 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	903.25	1,144	325.71	671.35	453.97	587.65
Cash & Short-Term Investments	903.25	1,144	325.71	671.35	453.97	587.65
Cash Growth	53.27%	251.12%	-51.48%	47.88%	-22.75%	25.92%
Accounts Receivable	319.52	351.7	367.59	461.45	261.36	124.54
Other Receivables	354.46	24.4	9.22	46.15	4.97	4.91
Receivables	673.98	377.28	378.04	510.15	267.75	130.23
Inventory	3,202	2,695	1,466	1,033	1,161	1,506
Prepaid Expenses	-	-	-	0.09	1.7	-
Other Current Assets	140.26	227.53	122.15	95.6	112.5	82.71
Total Current Assets	4,920	4,443	2,292	2,310	1,997	2,307
Property, Plant & Equipment	395.21	319.11	174.14	168.57	141.52	44.14
Long-Term Investments	152.44	142.11	186.72	180.37	186.53	179.34
Goodwill	18.88	18.88	18.88	18.88	18.88	18.88
Other Intangible Assets	18.6	14.46	8.9	9.23	9.56	9.89
Long-Term Deferred Tax Assets	11.62	12.33	23.46	17.26	13.55	13.33
Long-Term Deferred Charges	29.66	36.46	26.92	33.21	37.92	10.23
Other Long-Term Assets	194.15	201.03	238.38	218.41	226.49	235.4
Total Assets	5,740	5,188	2,970	2,956	2,631	2,818
Accounts Payable	962.19	877.14	403.34	427.29	269.37	223.14
Accrued Expenses	18.21	25.82	50.03	57.3	20.68	45.6
Short-Term Debt	102.21	341.73	269.07	283.92	197.29	259.13
Current Portion of Long-Term Debt	3.92	25.73	11.26	8.64	58.86	14.47
Current Portion of Leases	-	7.39	9.23	6.27	1.76	-
Current Income Taxes Payable	5.42	6.89	14.69	4.95	1.11	12.5
Current Unearned Revenue	2,599	1,924	273.92	148.98	491.6	910.2
Other Current Liabilities	471.9	464.34	342.33	407.77	276.45	243.59
Total Current Liabilities	4,163	3,673	1,374	1,345	1,317	1,709
Long-Term Debt	121.23	56.33	72.28	544.5	279.32	133.49
Long-Term Leases	27.76	19.14	24.66	43.75	3.61	-
Long-Term Unearned Revenue	-	-	1.39	4.18	6.96	9.75
Long-Term Deferred Tax Liabilities	14.03	13.53	21.97	16.93	19.69	18.57
Other Long-Term Liabilities	-	-	52.11	12.5	24.42	-
Total Liabilities	4,326	3,762	1,546	1,967	1,651	1,870
Common Stock	351.76	351.76	351.76	351.76	351.76	351.76
Additional Paid-In Capital	60.76	60.76	60.76	60.76	60.76	60.76
Retained Earnings	487.98	504.37	505.04	502.6	498.02	452.41
Comprehensive Income & Other	24.13	20.83	9.12	11.28	15.28	15.88
Total Common Equity	924.64	937.72	926.69	926.4	925.83	880.82
Minority Interest	489.62	487.52	496.72	62.31	54.42	66.81
Shareholders' Equity	1,414	1,425	1,423	988.71	980.25	947.63
Total Liabilities & Equity	5,740	5,188	2,970	2,956	2,631	2,818
Total Debt	255.12	450.31	386.49	887.09	540.83	407.08
Net Cash (Debt)	648.13	693.32	-60.78	-215.74	-86.86	180.56
Net Cash Per Share	1.84	1.97	-0.17	-0.61	-0.25	0.51
Filing Date Shares Outstanding	351.76	351.76	351.76	351.76	351.76	351.76
Total Common Shares Outstanding	351.76	351.76	351.76	351.76	351.76	351.76
Working Capital	756.72	769.86	918.4	964.65	679.8	598.24
Book Value Per Share	2.63	2.67	2.63	2.63	2.63	2.50
Tangible Book Value	887.16	904.39	898.91	898.3	897.39	852.05
Tangible Book Value Per Share	2.52	2.57	2.56	2.55	2.55	2.42
Buildings	-	117.19	87.74	113.67	108.28	18.53
Machinery	-	131.19	115.97	95.9	86.33	70.58
Construction In Progress	-	123.15	10.38	1.62	-	7.34

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