SHA:603020 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	642.9	211.6	405.35	314.8	247.39	260.3
Short-Term Investments	53.41	309	50.74	-	-	-
Trading Asset Securities	996.45	1,190	653.48	623.81	944.57	699.44
Cash & Short-Term Investments	1,693	1,711	1,110	938.6	1,192	959.75
Cash Growth	31.12%	54.21%	18.21%	-21.25%	24.20%	0.08%
Accounts Receivable	342.36	349.36	414.64	557.44	572.8	478.25
Other Receivables	3.96	6.33	26.35	29.94	18.9	23.15
Receivables	346.32	355.68	440.99	587.38	591.71	501.41
Inventory	534.86	426.3	629.27	669.01	548.26	427.13
Other Current Assets	94.33	93.72	89.98	120.07	129.65	129.92
Total Current Assets	2,668	2,587	2,270	2,315	2,462	2,018
Property, Plant & Equipment	607.08	641.33	771.68	772.65	669.5	335.48
Long-Term Investments	316.85	299.2	596.6	576.71	507.99	190.69
Goodwill	-	-	24.68	29.48	30.98	65.05
Other Intangible Assets	83.19	85.82	91.87	96.32	100.99	105.35
Long-Term Deferred Tax Assets	8.17	9.47	27.14	29.88	24.47	22.61
Long-Term Deferred Charges	0.09	0.19	4.27	10.59	12.27	15.73
Other Long-Term Assets	24.55	24.14	34.4	39.76	38.67	37.73
Total Assets	3,708	3,647	3,820	3,870	3,846	2,791
Accounts Payable	156.4	94.08	165.02	250.58	233.94	167.45
Accrued Expenses	0.57	39.82	41.61	67.23	52.07	40.74
Short-Term Debt	-	-	97.65	67.02	20.9	58.88
Current Portion of Leases	6.46	5.18	9.05	9.89	11.43	-
Current Income Taxes Payable	16.9	21.16	7.24	12.43	9.36	13.88
Current Unearned Revenue	17.49	18.48	13.48	16.64	26.4	27.44
Other Current Liabilities	7.83	13.72	29.49	50.04	83.89	22.49
Total Current Liabilities	205.65	192.44	363.54	473.84	437.99	330.9
Long-Term Leases	7.82	8.21	8.95	18.01	30.17	-
Long-Term Unearned Revenue	21.78	22.57	27.41	29.72	27.8	16.1
Pension & Post-Retirement Benefits	0.26	0.28	0.36	-	-	-
Long-Term Deferred Tax Liabilities	20.89	22.68	31.32	32.18	25.73	18.13
Other Long-Term Liabilities	-	-	-	0.25	0.23	-
Total Liabilities	256.39	246.17	431.57	553.98	521.94	365.13
Common Stock	383.24	383.24	383.24	383.24	383.24	320
Additional Paid-In Capital	1,494	1,494	1,494	1,494	1,470	802.45
Retained Earnings	1,506	1,462	1,340	1,272	1,219	1,106
Treasury Stock	-78.6	-78.6	-78.6	-78.6	-	-
Comprehensive Income & Other	2.27	1.84	1.33	-1.15	-4.62	-4.86
Total Common Equity	3,307	3,262	3,140	3,069	3,068	2,223
Minority Interest	145.05	138.9	249.13	247.43	256.25	202.28
Shareholders' Equity	3,452	3,401	3,389	3,316	3,325	2,426
Total Liabilities & Equity	3,708	3,647	3,820	3,870	3,846	2,791
Total Debt	14.28	13.39	115.65	94.92	62.5	58.88
Net Cash (Debt)	1,678	1,698	993.92	843.68	1,129	900.86
Net Cash Growth	44.19%	70.80%	17.81%	-25.30%	25.37%	-0.74%
Net Cash Per Share	4.47	4.52	2.65	2.22	3.42	2.82
Filing Date Shares Outstanding	375.64	375.64	375.64	375.64	383.24	320
Total Common Shares Outstanding	375.64	375.64	375.64	375.64	383.24	320
Working Capital	2,463	2,394	1,906	1,841	2,024	1,687
Book Value Per Share	8.80	8.68	8.36	8.17	8.01	6.95
Tangible Book Value	3,224	3,176	3,023	2,943	2,936	2,053
Tangible Book Value Per Share	8.58	8.45	8.05	7.84	7.66	6.42
Buildings	-	450.01	440.13	322.48	155.15	156.2
Machinery	-	448.6	557.86	463.5	381.2	385.41
Construction In Progress	-	4.5	68.53	253.42	374.72	42.54

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