SHA:601890 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	1,526	1,495	1,613	1,439	1,502	1,369
Short-Term Investments	-	-	-	15	-	-
Trading Asset Securities	888.33	1,139	815.34	846.58	418.31	538.54
Cash & Short-Term Investments	2,414	2,634	2,429	2,301	1,921	1,908
Cash Growth	-6.43%	8.46%	5.56%	19.79%	0.67%	7.39%
Accounts Receivable	800.19	626.7	530.89	437.26	375.37	325.36
Other Receivables	9.87	66.28	55.93	73.37	74.29	39.23
Receivables	810.06	692.99	586.82	510.62	449.66	364.6
Inventory	930.4	919.29	976.87	866.2	752	686.06
Prepaid Expenses	-	5.69	1.04	0.21	0.7	0.19
Other Current Assets	134.52	70.84	49.55	98.79	89.15	93.47
Total Current Assets	4,289	4,323	4,043	3,777	3,212	3,052
Property, Plant & Equipment	642.3	665.59	626.89	525.72	580.22	628.2
Long-Term Investments	303.02	84.28	0.01	0.01	25.01	10.01
Other Intangible Assets	131.62	136.07	141.64	158.67	163.24	167.81
Long-Term Deferred Tax Assets	44	50.39	49.52	49.61	38.53	39.84
Long-Term Deferred Charges	59.16	0.34	0.35	0.38	0.48	0.87
Other Long-Term Assets	36.03	32.21	41.85	104.03	117.64	128.89
Total Assets	5,505	5,292	4,903	4,615	4,137	4,028
Accounts Payable	274.66	242.89	182.82	311.82	144.46	160.28
Accrued Expenses	19.24	134.37	126.81	89.27	107.54	100.68
Short-Term Debt	243.46	173.36	-	125.1	-	-
Current Portion of Long-Term Debt	50.04	397.72	4	300	-	300
Current Income Taxes Payable	25.12	23.17	19.14	21.47	9.08	8.15
Current Unearned Revenue	216.47	228.17	390.27	279.65	220.37	182.79
Other Current Liabilities	135.96	28.17	29.91	37.44	14.42	20.31
Total Current Liabilities	964.95	1,228	752.96	1,165	495.87	772.2
Long-Term Debt	556.24	166.78	451.24	6.14	305.62	5.75
Long-Term Unearned Revenue	83.97	80.97	86.81	88.47	93.77	99.24
Long-Term Deferred Tax Liabilities	1.45	1.45	1.45	1.45	1.45	2.39
Total Liabilities	1,607	1,477	1,292	1,261	896.71	879.58
Common Stock	959.4	959.4	959.4	959.4	959.4	959.4
Additional Paid-In Capital	1,384	1,384	1,384	1,384	1,384	1,385
Retained Earnings	1,359	1,282	1,101	912.75	802.1	709.71
Total Common Equity	3,703	3,626	3,445	3,256	3,146	3,054
Minority Interest	195.71	188.73	166.02	97.96	95	94.35
Shareholders' Equity	3,899	3,815	3,611	3,354	3,241	3,148
Total Liabilities & Equity	5,505	5,292	4,903	4,615	4,137	4,028
Total Debt	849.74	737.86	455.24	431.24	305.62	305.75
Net Cash (Debt)	1,564	1,896	1,973	1,869	1,615	1,602
Net Cash Growth	-17.16%	-3.91%	5.56%	15.76%	0.81%	8.96%
Net Cash Per Share	1.63	1.98	2.06	1.94	1.68	1.67
Filing Date Shares Outstanding	959.4	959.4	959.4	959.4	959.4	959.4
Total Common Shares Outstanding	959.4	959.4	959.4	959.4	959.4	959.4
Working Capital	3,324	3,095	3,290	2,612	2,716	2,280
Book Value Per Share	3.86	3.78	3.59	3.39	3.28	3.18
Tangible Book Value	3,571	3,490	3,303	3,097	2,982	2,886
Tangible Book Value Per Share	3.72	3.64	3.44	3.23	3.11	3.01
Buildings	-	687.21	677.09	548.95	546.9	548.13
Machinery	-	847.51	820.67	799.46	788.51	778.63
Construction In Progress	-	94.61	40.01	20.91	21.64	15.34

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