SHA:601089 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	1,589	794.07	2,531	2,541	434.69	270.24
Trading Asset Securities	478.8	1,579	-	-	100	50
Cash & Short-Term Investments	2,068	2,373	2,531	2,541	534.69	320.24
Cash Growth	-10.17%	-6.23%	-0.41%	375.27%	66.97%	-30.82%
Accounts Receivable	365.5	354.66	346.13	396.47	337.99	374.95
Other Receivables	79.3	98.63	100.23	74.77	57.66	47.21
Receivables	444.8	453.28	446.37	471.24	395.65	422.16
Inventory	383.41	347.56	307.42	339.1	324	276.96
Other Current Assets	62.21	27.26	44.14	20.79	25.08	54.48
Total Current Assets	2,958	3,201	3,329	3,372	1,279	1,074
Property, Plant & Equipment	1,653	1,426	983.41	779.77	721.73	564.43
Other Intangible Assets	135.37	139.21	150.2	142.61	144.24	53.77
Long-Term Deferred Tax Assets	4.29	3.31	2.81	4.72	4.39	4.45
Long-Term Deferred Charges	15.33	21.82	22.92	17.65	0.33	0.69
Other Long-Term Assets	26.87	25.34	59.71	4.86	3.08	5.86
Total Assets	4,793	4,817	4,548	4,322	2,153	1,703
Accounts Payable	227.63	286.76	132.18	143.51	129.77	92.89
Accrued Expenses	132.43	676.84	607.02	598.17	472.26	335
Short-Term Debt	-	40.03	55.05	40.05	70.09	48.26
Current Portion of Long-Term Debt	-	-	4.95	4.95	7.01	35.51
Current Portion of Leases	16.97	14.33	19.66	16.26	10.56	-
Current Income Taxes Payable	42.57	25.83	19.29	39.65	17.34	15.88
Current Unearned Revenue	60.25	36.59	39.74	80.96	42.82	34.28
Other Current Liabilities	541.68	109.55	120.48	129.46	116.64	123.13
Total Current Liabilities	1,022	1,190	998.38	1,053	866.48	684.95
Long-Term Debt	-	-	12.37	17.33	7.28	-
Long-Term Leases	11.66	20.79	32.26	44.33	43.06	-
Long-Term Unearned Revenue	42.66	34.49	10.02	9.5	4.14	3.34
Long-Term Deferred Tax Liabilities	17.83	15.33	18.22	18.85	16.9	7.06
Total Liabilities	1,094	1,261	1,071	1,143	937.86	695.35
Common Stock	480	480	480	480	360	360
Additional Paid-In Capital	1,662	1,662	1,662	1,662	146.47	146.47
Retained Earnings	1,709	1,567	1,314	1,017	686.08	479.6
Treasury Stock	-176.19	-176.19	-	-	-	-
Comprehensive Income & Other	10.43	10.98	12.34	15.1	18.94	19.21
Total Common Equity	3,685	3,545	3,468	3,174	1,211	1,005
Minority Interest	13.97	11.53	8.12	4.55	3.83	2.4
Shareholders' Equity	3,699	3,556	3,477	3,179	1,215	1,008
Total Liabilities & Equity	4,793	4,817	4,548	4,322	2,153	1,703
Total Debt	28.63	75.16	124.3	122.92	137.99	83.77
Net Cash (Debt)	2,039	2,298	2,407	2,418	396.7	236.47
Net Cash Growth	-7.94%	-4.51%	-0.49%	509.62%	67.76%	55.60%
Net Cash Per Share	4.28	4.89	5.02	5.73	1.10	0.66
Filing Date Shares Outstanding	468	468	480	480	360	360
Total Common Shares Outstanding	468	468	480	480	360	360
Working Capital	1,937	2,011	2,330	2,319	412.94	388.89
Book Value Per Share	7.87	7.57	7.23	6.61	3.37	2.79
Tangible Book Value	3,550	3,405	3,318	3,032	1,067	951.52
Tangible Book Value Per Share	7.59	7.28	6.91	6.32	2.96	2.64
Buildings	-	523.07	520.3	506.03	443.93	307.44
Machinery	-	609.64	558.75	511.19	416.4	330.46
Construction In Progress	-	719.15	255.66	46.72	100.06	175.55

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