SHA:600731 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	892.18	1,082	1,064	769.34	497.23	841.78
Short-Term Investments	-	-	-	20	-	-
Trading Asset Securities	-	-	-	-	-	90.33
Cash & Short-Term Investments	892.18	1,082	1,064	789.34	497.23	932.1
Cash Growth	-2.92%	1.66%	34.80%	58.75%	-46.66%	84.98%
Accounts Receivable	509.59	590.46	489.48	656.62	587.67	329.43
Other Receivables	257.24	332.51	324.89	219.98	225.57	215.42
Receivables	766.83	922.97	814.37	876.6	813.24	544.86
Inventory	527.55	418.5	426.13	423.33	321.74	243.63
Prepaid Expenses	-	-	-	-	-	1.09
Other Current Assets	128.27	21.75	37.67	56	68.18	66.48
Total Current Assets	2,315	2,445	2,342	2,145	1,700	1,788
Property, Plant & Equipment	1,824	1,868	1,771	1,263	1,169	1,013
Long-Term Investments	20.82	26.56	25.2	18.44	16.03	11.4
Other Intangible Assets	258.35	205.51	215.66	189.18	194.97	160.55
Long-Term Deferred Tax Assets	33.47	34.3	33.84	22.74	20.01	16.54
Long-Term Deferred Charges	-	-	-	-	-	0.02
Other Long-Term Assets	11.13	6.66	14.74	286.31	203.71	203.17
Total Assets	4,463	4,586	4,402	3,925	3,305	3,193
Accounts Payable	269.96	434.26	353.29	190.49	471.5	228.07
Accrued Expenses	64.73	96.05	103.92	107.32	68.36	72.8
Short-Term Debt	-	-	-	152.8	68.27	304.6
Current Portion of Long-Term Debt	8.34	15	5	4.5	4	4.4
Current Portion of Leases	-	2.99	0.24	-	-	-
Current Income Taxes Payable	-	35.3	38.29	58.61	42.77	38.19
Current Unearned Revenue	37.2	17.81	34.89	52.65	58.11	46.12
Other Current Liabilities	134.07	131.55	173.17	295	104.92	185.27
Total Current Liabilities	514.3	732.96	708.79	861.37	817.93	879.44
Long-Term Debt	528.98	430.5	446.5	560.5	270	360.1
Long-Term Leases	1.87	1.26	-	-	-	-
Long-Term Unearned Revenue	85.42	138.12	83.04	279.46	280.38	279.04
Long-Term Deferred Tax Liabilities	-	-	0.1	0.12	-	-
Other Long-Term Liabilities	20.71	21.15	24.3	30.58	31.1	1.35
Total Liabilities	1,151	1,324	1,263	1,732	1,399	1,520
Common Stock	558.74	558.74	558.74	461.79	461.79	355.22
Additional Paid-In Capital	1,196	1,196	1,196	606.66	631.65	706.6
Retained Earnings	1,482	1,395	1,242	968	615.73	439.25
Comprehensive Income & Other	10.52	9.83	8.83	9.41	9.55	11.27
Total Common Equity	3,167	3,160	3,005	2,046	1,719	1,512
Minority Interest	144.02	102.78	134.7	147.53	186.43	160.81
Shareholders' Equity	3,311	3,262	3,140	2,193	1,905	1,673
Total Liabilities & Equity	4,463	4,586	4,402	3,925	3,305	3,193
Total Debt	539.18	449.75	451.74	717.8	342.27	669.1
Net Cash (Debt)	353	631.93	612.26	71.54	154.96	263
Net Cash Growth	-25.06%	3.21%	755.80%	-53.83%	-41.08%	305.30%
Net Cash Per Share	0.63	1.13	1.11	0.15	0.34	0.74
Filing Date Shares Outstanding	547.46	558.74	558.74	461.79	461.79	461.79
Total Common Shares Outstanding	547.46	558.74	558.74	461.79	461.79	461.79
Working Capital	1,801	1,712	1,633	1,284	882.46	908.73
Book Value Per Share	5.79	5.65	5.38	4.43	3.72	3.27
Tangible Book Value	2,909	2,954	2,789	1,857	1,524	1,352
Tangible Book Value Per Share	5.31	5.29	4.99	4.02	3.30	2.93
Buildings	-	901.38	568.97	516.56	527.8	304.14
Machinery	-	1,489	1,144	1,003	928.66	698.42
Construction In Progress	-	63.33	557.3	160.97	79.65	314.06

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