SHA:603038 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	147.99	358.4	158.23	243.51	259.05	198.6
Short-Term Investments	-	53.15	20.01	30.32	10.35	30.03
Trading Asset Securities	113.32	216.3	177.64	166.4	130.23	101.37
Cash & Short-Term Investments	261.31	627.85	355.88	440.23	399.63	330
Cash Growth	9.63%	76.42%	-19.16%	10.16%	21.10%	-24.52%
Accounts Receivable	616.8	484.76	136.37	128.99	257.91	158.25
Other Receivables	10.5	8.14	2.63	3.21	3.43	5.13
Receivables	627.3	492.9	138.99	132.21	261.34	163.38
Inventory	202.91	187.22	124.73	126.36	116.79	99.71
Other Current Assets	108.62	43.09	69.32	65.02	138.94	106.53
Total Current Assets	1,200	1,351	688.92	763.81	916.7	699.62
Property, Plant & Equipment	771.4	738.16	520.9	602.63	593.9	483.99
Long-Term Investments	135.95	104.87	69.15	80.35	86.75	70.48
Goodwill	214.54	214.54	48.41	62.59	65.09	80.04
Other Intangible Assets	247.41	243.05	171.22	175.49	179.72	142.11
Long-Term Accounts Receivable	0.93	11.05	1.6	1.39	1.07	-
Long-Term Deferred Tax Assets	54.56	48.79	30.13	19.01	12.21	13.03
Long-Term Deferred Charges	39.88	8.5	2.51	4.53	7.59	9.26
Other Long-Term Assets	198.63	186.73	503.73	323.49	171.24	106.07
Total Assets	2,863	2,907	2,037	2,033	2,034	1,605
Accounts Payable	244.17	234.37	141.57	127.08	110.13	164.48
Accrued Expenses	28.95	70.42	25.38	22.22	24.87	18.4
Short-Term Debt	233.18	183.6	2.54	100.11	107	185.2
Current Portion of Long-Term Debt	49.17	40.03	17.32	10.81	1.9	0.79
Current Portion of Leases	-	6.62	1.88	3.65	2.28	-
Current Income Taxes Payable	29.15	11.36	4.06	2.44	1.55	4.27
Current Unearned Revenue	38.55	73.03	12.45	19.84	35.45	24.18
Other Current Liabilities	195.99	269.72	36.15	26.7	157.06	54.42
Total Current Liabilities	819.16	889.16	241.34	312.86	440.26	451.74
Long-Term Debt	365.21	386.32	399.29	335.79	214.25	39.17
Long-Term Leases	4.8	9.74	0.52	2.3	2.16	-
Long-Term Unearned Revenue	14.79	16.38	18.77	19.5	16.34	18.79
Long-Term Deferred Tax Liabilities	16.49	17.73	5.72	5.49	5.79	6.73
Other Long-Term Liabilities	10.32	4.98	0.86	-	-	-
Total Liabilities	1,231	1,324	666.49	675.94	678.8	516.43
Common Stock	268.68	268.68	206.67	206.67	206.67	184.13
Additional Paid-In Capital	398.96	398.96	460.96	461.17	461.35	231.87
Retained Earnings	726.2	692.82	680.05	668.48	672.29	670.96
Comprehensive Income & Other	-0.68	-0.06	-1.27	-1.58	-6.65	-4.81
Total Common Equity	1,393	1,360	1,346	1,335	1,334	1,082
Minority Interest	239.53	222.03	23.67	22.63	21.79	6.03
Shareholders' Equity	1,633	1,582	1,370	1,357	1,355	1,088
Total Liabilities & Equity	2,863	2,907	2,037	2,033	2,034	1,605
Total Debt	652.36	626.31	421.56	452.67	327.59	225.16
Net Cash (Debt)	-391.05	1.54	-65.68	-12.44	72.04	104.83
Net Cash Growth	-	-	-	-	-31.28%	-72.79%
Net Cash Per Share	-1.49	0.01	-0.25	-0.04	0.28	0.43
Filing Date Shares Outstanding	268.68	268.68	268.68	268.68	268.68	239.37
Total Common Shares Outstanding	268.68	268.68	268.68	268.68	268.68	239.37
Working Capital	380.98	461.9	447.58	450.95	476.45	247.88
Book Value Per Share	5.19	5.06	5.01	4.97	4.96	4.52
Tangible Book Value	931.21	902.8	1,127	1,097	1,089	860
Tangible Book Value Per Share	3.47	3.36	4.19	4.08	4.05	3.59
Buildings	-	576.24	390.72	345.23	336.26	187.9
Machinery	-	513.77	458.26	413.9	374.47	353.32
Construction In Progress	-	3.17	0.28	127	130.65	159.27

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