SHA:601996 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	857.07	744.45	700.53	817.66	897.95	1,097
Trading Asset Securities	-	0	-	-	-	-
Cash & Short-Term Investments	857.07	744.45	700.53	817.66	897.95	1,097
Cash Growth	140.44%	6.27%	-14.33%	-8.94%	-18.17%	-15.31%
Accounts Receivable	357.65	402.54	269.61	427.32	428.59	554.27
Other Receivables	16.01	8.4	6.88	11.44	26.12	18.66
Receivables	373.67	410.94	276.49	438.76	454.71	572.93
Inventory	546.51	706.85	695.06	651.4	532.56	536.59
Prepaid Expenses	-	-	-	0	0.02	0.02
Other Current Assets	76.07	79.59	89.39	94.09	61.37	78.89
Total Current Assets	1,853	1,942	1,761	2,002	1,947	2,286
Property, Plant & Equipment	1,380	1,483	1,611	1,748	1,668	1,089
Long-Term Investments	59.77	59.77	71.46	75.11	63.73	56.39
Goodwill	4.28	4.28	25.14	36.16	40.95	71.84
Other Intangible Assets	235.88	241.34	243.66	250.33	241.1	230.59
Long-Term Deferred Tax Assets	1.09	1	0.88	0.99	0.56	0.17
Long-Term Deferred Charges	2.2	10.54	13.06	14.29	15.72	0.05
Other Long-Term Assets	7.66	9.7	7.86	7.39	55.23	100.29
Total Assets	3,544	3,751	3,734	4,134	4,032	3,834
Accounts Payable	303.55	351.44	493.42	445.67	335.93	227.06
Accrued Expenses	1.26	5.79	13.87	14.11	16.76	29.19
Short-Term Debt	597.03	689.92	270.15	230.15	352.81	342.8
Current Portion of Long-Term Debt	-	-	-	94.82	56.62	104.57
Current Portion of Leases	6.79	7.72	8.86	7.13	6.5	-
Current Income Taxes Payable	7.21	0.27	0.02	0.7	0.71	1.2
Current Unearned Revenue	10.17	20.74	14.25	22.87	32.53	35.52
Other Current Liabilities	13.99	14.28	13.73	12.46	11	14.85
Total Current Liabilities	939.99	1,090	814.3	827.91	812.86	755.19
Long-Term Debt	-	-	-	441	335.39	145.19
Long-Term Leases	22.96	23.83	27.96	29.38	33.27	-
Long-Term Unearned Revenue	13.93	8.17	10.73	10.98	11.68	10.49
Long-Term Deferred Tax Liabilities	9.66	9.98	10.57	10.9	13.45	15.77
Other Long-Term Liabilities	3.18	5.45	2.89	-	-	-
Total Liabilities	989.72	1,138	866.44	1,320	1,207	926.63
Common Stock	1,121	1,121	1,146	1,146	1,146	1,146
Additional Paid-In Capital	701.75	701.75	752.86	752.86	752.86	764.68
Retained Earnings	725.3	784.65	1,039	986.86	1,009	954.31
Treasury Stock	-	-	-75.81	-75.81	-75.81	-10.8
Comprehensive Income & Other	1.79	1.79	1.51	-0.06	-10.58	39.28
Total Common Equity	2,550	2,609	2,863	2,809	2,821	2,893
Minority Interest	4.26	4.4	4.44	4.19	4.91	14.26
Shareholders' Equity	2,554	2,614	2,868	2,814	2,826	2,907
Total Liabilities & Equity	3,544	3,751	3,734	4,134	4,032	3,834
Total Debt	626.78	721.47	306.96	802.48	784.58	592.56
Net Cash (Debt)	230.29	22.97	393.56	15.18	113.37	504.82
Net Cash Growth	-	-94.16%	2492.26%	-86.61%	-77.54%	-12.26%
Net Cash Per Share	0.21	0.02	0.38	0.01	0.10	0.44
Filing Date Shares Outstanding	1,121	1,121	1,121	1,121	1,121	1,146
Total Common Shares Outstanding	1,121	1,121	1,121	1,121	1,121	1,146
Working Capital	913.32	851.66	947.17	1,174	1,134	1,531
Book Value Per Share	2.27	2.33	2.55	2.51	2.52	2.53
Tangible Book Value	2,310	2,363	2,595	2,523	2,539	2,591
Tangible Book Value Per Share	2.06	2.11	2.31	2.25	2.26	2.26
Buildings	-	926.76	922.72	909.3	673.48	621.07
Machinery	-	1,961	1,943	1,922	1,406	1,372
Construction In Progress	-	7.92	8.05	17.78	587.51	33.6

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