SHA:603111 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	997.91	1,141	1,068	1,333	1,478	1,495
Trading Asset Securities	1,119	992.15	995.1	766.35	899.21	592.93
Cash & Short-Term Investments	2,117	2,133	2,063	2,100	2,377	2,088
Cash Growth	28.52%	3.38%	-1.74%	-11.67%	13.84%	59.75%
Accounts Receivable	3,529	3,324	2,966	2,626	2,193	1,985
Other Receivables	21.19	21.81	20.76	25.53	25.46	32.95
Receivables	3,551	3,346	2,987	2,651	2,219	2,018
Inventory	911.24	703.97	596.23	583.62	562.71	641.48
Other Current Assets	38.31	31.62	29.57	44.94	31.53	38.84
Total Current Assets	6,617	6,215	5,676	5,380	5,190	4,786
Property, Plant & Equipment	497.7	484.89	452.55	466.33	504.52	492.94
Long-Term Investments	5.06	5.65	5.95	9.75	3.65	3.65
Other Intangible Assets	70.03	72.3	69.11	66.18	72.85	74.92
Long-Term Deferred Tax Assets	77.08	60.09	46.46	35.82	26.03	13.7
Long-Term Deferred Charges	25.2	68.35	58.22	36.38	40.16	43.2
Other Long-Term Assets	51.85	13.21	-	-	-	-
Total Assets	7,344	6,919	6,308	5,994	5,837	5,414
Accounts Payable	1,838	1,647	1,330	1,486	1,435	1,416
Accrued Expenses	265.55	402.88	345.41	273.65	279.98	262.89
Short-Term Debt	182.86	162.34	147.13	140.14	356.01	439.66
Current Portion of Leases	267.76	10.61	8.93	6.16	11.26	-
Current Income Taxes Payable	50.61	17.15	15.89	13.43	15.05	16.21
Current Unearned Revenue	266.89	214.29	148.18	86.37	60	62.47
Other Current Liabilities	274.93	143.76	98.98	106.82	128.9	111.11
Total Current Liabilities	3,146	2,598	2,094	2,113	2,286	2,309
Long-Term Leases	23.97	8.06	8.7	5.24	9.28	-
Long-Term Unearned Revenue	17.81	19.26	17.17	22.85	26.77	38.95
Long-Term Deferred Tax Liabilities	0.35	1.18	6.86	4.95	2.6	1.6
Other Long-Term Liabilities	29.81	229.82	162.15	117.82	82.8	11.18
Total Liabilities	3,218	2,856	2,289	2,264	2,407	2,360
Common Stock	862.03	907.01	923.47	993.28	993.28	993.28
Additional Paid-In Capital	1,551	2,174	2,402	3,372	3,371	3,371
Retained Earnings	1,653	1,515	554.39	-757.4	-1,026	-1,396
Treasury Stock	-100.34	-678.99	-	-	-	-
Comprehensive Income & Other	0.87	0.32	0.22	0.03	-0.18	0.02
Total Common Equity	3,966	3,917	3,880	3,608	3,339	2,968
Minority Interest	159.9	145.91	139.08	122.27	91.42	85.69
Shareholders' Equity	4,126	4,063	4,019	3,730	3,430	3,054
Total Liabilities & Equity	7,344	6,919	6,308	5,994	5,837	5,414
Total Debt	474.59	181.01	164.76	151.54	376.55	439.66
Net Cash (Debt)	1,643	1,952	1,898	1,948	2,001	1,648
Net Cash Growth	11.78%	2.82%	-2.56%	-2.61%	21.36%	77.41%
Net Cash Per Share	1.86	2.17	1.91	1.96	2.00	1.66
Filing Date Shares Outstanding	843.41	888.39	923.47	993.28	993.28	993.28
Total Common Shares Outstanding	843.41	888.39	923.47	993.28	993.28	993.28
Working Capital	3,471	3,617	3,582	3,267	2,904	2,477
Book Value Per Share	4.70	4.41	4.20	3.63	3.36	2.99
Tangible Book Value	3,896	3,845	3,811	3,542	3,266	2,894
Tangible Book Value Per Share	4.62	4.33	4.13	3.57	3.29	2.91
Buildings	-	418.69	389.21	388.62	386.48	365.28
Machinery	-	562.44	539.51	508.85	499.95	474.11
Construction In Progress	-	58.63	34.3	30.28	20.18	18.62
Order Backlog	-	7,302	-	-	-	-

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