SHA:600854 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	1,206	1,149	1,059	1,027	943.34	554.23
Cash & Short-Term Investments	1,206	1,149	1,059	1,027	943.34	554.23
Cash Growth	8.04%	8.51%	3.09%	8.88%	70.21%	16.06%
Accounts Receivable	10.44	3.38	10.94	25.55	122.74	106.84
Other Receivables	8.44	0.03	0.45	1.42	2.62	12.53
Receivables	18.88	3.4	11.38	26.97	125.36	119.36
Inventory	150.6	165.29	194.82	225.74	279.69	367.67
Prepaid Expenses	-	-	-	0.13	0.69	-
Other Current Assets	5.78	3.28	3.39	11.16	37.39	24.97
Total Current Assets	1,382	1,321	1,268	1,291	1,386	1,066
Property, Plant & Equipment	80.96	88.3	97.19	121.61	132.58	148.4
Long-Term Investments	767.57	790.76	771.76	724.13	653.96	696.63
Other Intangible Assets	3.96	4.07	4.33	4.64	4.49	4.63
Long-Term Deferred Tax Assets	12.83	14.18	13.84	23.69	14.47	20.08
Long-Term Deferred Charges	-	-	-	-	0.32	0.07
Other Long-Term Assets	226.96	235.73	239.89	249.37	260.5	277.5
Total Assets	2,474	2,454	2,395	2,415	2,453	2,214
Accounts Payable	37.07	40.7	44.23	72.25	111.74	139.96
Accrued Expenses	5.37	59.71	56.58	58.44	65.86	61.47
Current Portion of Leases	0.75	0.73	0.69	0.66	3.61	-
Current Income Taxes Payable	34.96	2.78	1.09	16.05	12.19	11.02
Current Unearned Revenue	39.65	40.3	44.06	133.81	279.34	54.23
Other Current Liabilities	21.69	4.76	11.54	16.73	16.37	16.57
Total Current Liabilities	139.49	148.98	158.19	297.93	489.11	283.25
Long-Term Leases	-	-	0.73	1.42	-	-
Long-Term Unearned Revenue	-	-	0.55	1.28	2.01	2.84
Long-Term Deferred Tax Liabilities	30.29	37.08	33.91	24.47	7.48	18.78
Total Liabilities	169.78	186.07	193.38	325.11	498.6	304.88
Common Stock	519.46	519.46	519.46	519.46	519.46	519.46
Additional Paid-In Capital	1,535	1,535	1,535	1,536	1,535	1,535
Retained Earnings	306.21	248.4	187.79	99.43	25.91	-53.58
Comprehensive Income & Other	90.88	111.25	101.74	73.42	22.43	56.35
Total Common Equity	2,451	2,414	2,344	2,228	2,103	2,057
Minority Interest	-147.34	-145.96	-141.52	-138.37	-148.82	-148.65
Shareholders' Equity	2,304	2,268	2,202	2,089	1,954	1,909
Total Liabilities & Equity	2,474	2,454	2,395	2,415	2,453	2,214
Total Debt	0.75	0.73	1.42	2.08	3.61	-
Net Cash (Debt)	1,206	1,148	1,057	1,025	939.74	554.23
Net Cash Growth	8.11%	8.58%	3.16%	9.08%	69.56%	16.06%
Net Cash Per Share	2.32	2.21	2.04	1.97	1.81	1.07
Filing Date Shares Outstanding	519.46	519.46	519.46	519.46	519.46	519.46
Total Common Shares Outstanding	519.46	519.46	519.46	519.46	519.46	519.46
Working Capital	1,242	1,172	1,110	993.17	897.35	782.99
Book Value Per Share	4.72	4.65	4.51	4.29	4.05	3.96
Tangible Book Value	2,447	2,410	2,339	2,223	2,099	2,053
Tangible Book Value Per Share	4.71	4.64	4.50	4.28	4.04	3.95
Buildings	-	314.33	314.33	314.33	310.02	310.02
Machinery	-	137.67	186.07	312.11	313.27	332.42
Construction In Progress	-	5.9	-	-	-	-

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