SHA:603020 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	368.79	187.35	211.6	405.35	314.8	247.39
Short-Term Investments	-	53.81	309	50.74	-	-
Trading Asset Securities	984.93	1,391	1,190	653.48	623.81	944.57
Cash & Short-Term Investments	1,354	1,632	1,711	1,110	938.6	1,192
Cash Growth	-20.03%	-4.62%	54.21%	18.21%	-21.25%	24.20%
Accounts Receivable	448.35	326.71	349.36	414.64	557.44	572.8
Other Receivables	8.45	3.23	6.33	26.35	29.94	18.9
Receivables	456.79	329.94	355.68	440.99	587.38	591.71
Inventory	744.95	509.62	426.3	629.27	669.01	548.26
Other Current Assets	127.25	121.22	93.72	89.98	120.07	129.65
Total Current Assets	2,683	2,593	2,587	2,270	2,315	2,462
Property, Plant & Equipment	682.18	610.41	641.33	771.68	772.65	669.5
Long-Term Investments	317.44	317.43	299.2	596.6	576.71	507.99
Goodwill	184.93	-	-	24.68	29.48	30.98
Other Intangible Assets	105.69	82.32	85.82	91.87	96.32	100.99
Long-Term Deferred Tax Assets	7.62	9.45	9.47	27.14	29.88	24.47
Long-Term Deferred Charges	10.45	0.05	0.19	4.27	10.59	12.27
Other Long-Term Assets	31.67	20.52	24.14	34.4	39.76	38.67
Total Assets	4,023	3,633	3,647	3,820	3,870	3,846

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	138.66	85.24	94.08	165.02	250.58	233.94
Accrued Expenses	3.16	28.55	39.82	41.61	67.23	52.07
Short-Term Debt	276.94	-	-	97.65	67.02	20.9
Current Portion of Leases	-	6.6	5.18	9.05	9.89	11.43
Current Income Taxes Payable	28.64	5.86	21.16	7.24	12.43	9.36
Current Unearned Revenue	14.07	19.29	18.48	13.48	16.64	26.4
Other Current Liabilities	18.51	8.45	13.72	29.49	50.04	83.89
Total Current Liabilities	488.91	154.01	192.44	363.54	473.84	437.99
Long-Term Leases	3.85	7.29	8.21	8.95	18.01	30.17
Long-Term Unearned Revenue	20.73	21.52	22.57	27.41	29.72	27.8
Pension & Post-Retirement Benefits	-	0.23	0.28	0.36	-	-
Long-Term Deferred Tax Liabilities	25.88	21.79	22.68	31.32	32.18	25.73
Other Long-Term Liabilities	20.59	-	-	-	0.25	0.23
Total Liabilities	559.96	204.83	246.17	431.57	553.98	521.94

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	375.64	383.24	383.24	383.24	383.24	383.24
Additional Paid-In Capital	1,353	1,494	1,494	1,494	1,494	1,470
Retained Earnings	1,542	1,481	1,462	1,340	1,272	1,219
Treasury Stock	-	-78.6	-78.6	-78.6	-78.6	-
Comprehensive Income & Other	-1.32	1.74	1.84	1.33	-1.15	-4.62
Total Common Equity	3,269	3,281	3,262	3,140	3,069	3,068
Minority Interest	193.85	147.33	138.9	249.13	247.43	256.25
Shareholders' Equity	3,463	3,428	3,401	3,389	3,316	3,325
Total Liabilities & Equity	4,023	3,633	3,647	3,820	3,870	3,846

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	289.73	13.89	13.39	115.65	94.92	62.5
Net Cash (Debt)	1,064	1,618	1,698	993.92	843.68	1,129
Net Cash Growth	-36.61%	-4.68%	70.80%	17.81%	-25.30%	25.37%
Net Cash Per Share	2.83	4.31	4.52	2.65	2.22	3.42
Filing Date Shares Outstanding	375.84	375.64	375.64	375.64	375.64	383.24
Total Common Shares Outstanding	375.84	375.64	375.64	375.64	375.64	383.24
Working Capital	2,194	2,439	2,394	1,906	1,841	2,024
Book Value Per Share	8.70	8.73	8.68	8.36	8.17	8.01
Tangible Book Value	2,978	3,199	3,176	3,023	2,943	2,936
Tangible Book Value Per Share	7.92	8.51	8.45	8.05	7.84	7.66
Buildings	-	471.15	450.01	440.13	322.48	155.15
Machinery	-	453.31	448.6	557.86	463.5	381.2
Construction In Progress	-	0.72	4.5	68.53	253.42	374.72