SHA:601065 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	1,271	1,279	1,685	295.19	208.85	242.17
Trading Asset Securities	-	-	-	-	22.23	21.64
Cash & Short-Term Investments	1,271	1,279	1,685	295.19	231.08	263.81
Cash Growth	3.13%	-24.10%	470.80%	27.74%	-12.41%	-27.23%
Accounts Receivable	391.77	416	382.67	527.73	659.3	385.21
Other Receivables	3.62	1.98	1.29	2.37	-0.66	0.41
Receivables	395.39	417.99	383.96	530.1	658.64	385.62
Inventory	160.49	122.57	108.5	129.25	165.68	99.8
Prepaid Expenses	-	0.23	0.26	0.14	0.11	0.19
Other Current Assets	44.16	35.7	25.26	23.48	28.05	57.47
Total Current Assets	1,871	1,855	2,203	978.15	1,084	806.89
Property, Plant & Equipment	3,246	3,157	2,824	2,436	2,412	2,233
Goodwill	9.31	9.31	9.31	9.31	9.31	9.31
Other Intangible Assets	447.36	429.24	504.9	510.17	475.83	502.19
Long-Term Deferred Tax Assets	23.53	23.25	24.04	20.55	18.5	15.56
Long-Term Deferred Charges	1.84	-	0.32	0.63	0.61	-
Other Long-Term Assets	84.39	187.34	170.9	114.52	72.84	77.46
Total Assets	5,683	5,661	5,736	4,069	4,073	3,645
Accounts Payable	494.47	547.11	475.2	300.61	300.19	248.12
Accrued Expenses	82.4	89.58	86.33	66.46	66.52	51.17
Short-Term Debt	-	-	123.1	393.4	431.68	319.18
Current Portion of Long-Term Debt	-	-	6.5	95.5	133	-
Current Portion of Leases	6.54	5.35	9.78	-	-	-
Current Income Taxes Payable	35.85	10.21	25.24	12.79	20.34	10.23
Current Unearned Revenue	84.11	70.49	107.52	104.94	44.95	38.58
Other Current Liabilities	392.35	391.91	496.81	558.23	651.65	614.24
Total Current Liabilities	1,096	1,115	1,330	1,532	1,648	1,282
Long-Term Debt	-	-	117.1	262.38	587.75	685.02
Long-Term Leases	17.44	22.65	22.4	19.55	0.73	-
Long-Term Unearned Revenue	0.55	0.55	7.28	-	-	10.82
Long-Term Deferred Tax Liabilities	32.18	34.31	37.3	38.73	34.49	37.32
Other Long-Term Liabilities	45.89	46.23	46.73	48.34	60.23	78.81
Total Liabilities	1,192	1,218	1,561	1,901	2,332	2,093
Common Stock	642.78	642.78	642.78	482.78	482.78	482.78
Additional Paid-In Capital	2,413	2,413	2,403	1,012	1,012	1,010
Retained Earnings	1,348	1,294	1,058	612.68	190.99	9.07
Comprehensive Income & Other	21.34	25	13.43	6.24	2.06	1.86
Total Common Equity	4,425	4,374	4,117	2,114	1,688	1,504
Minority Interest	66.07	68.39	57.97	54.74	53.53	47.37
Shareholders' Equity	4,491	4,443	4,175	2,169	1,741	1,551
Total Liabilities & Equity	5,683	5,661	5,736	4,069	4,073	3,645
Total Debt	23.98	28	278.87	770.82	1,153	1,004
Net Cash (Debt)	1,247	1,251	1,406	-475.63	-922.08	-740.39
Net Cash Growth	3.52%	-11.04%	-	-	-	-
Net Cash Per Share	1.91	1.95	2.39	-0.98	-1.93	-1.62
Filing Date Shares Outstanding	642.78	642.78	642.78	642.78	482.78	482.78
Total Common Shares Outstanding	642.78	642.78	642.78	482.78	482.78	482.78
Working Capital	774.89	740.71	872.46	-553.79	-564.78	-474.62
Book Value Per Share	6.88	6.81	6.40	4.38	3.50	3.11
Tangible Book Value	3,968	3,936	3,603	1,594	1,203	992.16
Tangible Book Value Per Share	6.17	6.12	5.60	3.30	2.49	2.06
Buildings	-	1,295	1,203	1,182	1,116	871.79
Machinery	-	2,497	2,358	2,318	2,260	1,798
Construction In Progress	-	655.37	699.12	185.49	100.06	484.22

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.