SHA:603126 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	990.61	1,036	1,242	1,042	913.33	1,129
Trading Asset Securities	-	-	-	29.94	35.78	33.54
Cash & Short-Term Investments	990.61	1,036	1,242	1,072	949.11	1,162
Cash Growth	38.60%	-16.58%	15.88%	12.94%	-18.33%	17.74%
Accounts Receivable	2,321	1,940	2,180	1,816	1,266	1,026
Other Receivables	55.07	39.35	42.88	27.14	27.1	28.1
Receivables	2,376	1,979	2,223	1,843	1,293	1,054
Inventory	312.35	276.55	280.31	430.16	772.73	786.08
Prepaid Expenses	-	16	12.13	9.68	-	-
Other Current Assets	333.68	318.1	178.26	178.36	201.86	138.44
Total Current Assets	4,013	3,626	3,936	3,534	3,217	3,141
Property, Plant & Equipment	1,138	1,166	1,161	1,119	830.29	789.79
Long-Term Investments	74.93	45.53	64.12	56.64	59.94	28.87
Goodwill	1.26	1.26	1.26	1.26	1.26	-
Other Intangible Assets	175.24	178.17	179.12	165.12	152.95	155.09
Long-Term Accounts Receivable	30.37	31.5	-	-	-	-
Long-Term Deferred Tax Assets	63.69	63.26	62.42	53.03	47.16	41.59
Long-Term Deferred Charges	3.65	1	0.77	1.08	0.97	1.47
Other Long-Term Assets	19.28	20.07	27.93	49.31	116.86	35.94
Total Assets	5,519	5,133	5,433	4,979	4,426	4,194
Accounts Payable	1,465	1,409	1,758	1,533	1,146	934.43
Accrued Expenses	5.78	6.25	8.5	81.05	18.75	33.85
Short-Term Debt	326.7	48.49	34.51	40	50	60
Current Portion of Long-Term Debt	146.95	184.48	28.77	17.77	52	2.94
Current Income Taxes Payable	8.96	14.67	60.99	18.92	23.03	26.39
Current Unearned Revenue	510.81	429.68	314.65	311.13	522.39	709.38
Other Current Liabilities	211.61	306.7	301.7	256.22	217.44	184.4
Total Current Liabilities	2,675	2,399	2,507	2,258	2,030	1,951
Long-Term Debt	372.75	249.53	349.26	232.48	63.5	47
Long-Term Unearned Revenue	14.31	15.01	14.46	25	36.07	46.12
Long-Term Deferred Tax Liabilities	4.27	4.3	7.12	8.78	9.55	6.57
Other Long-Term Liabilities	8.57	16.24	16.25	14.9	20.13	14.44
Total Liabilities	3,075	2,684	2,895	2,539	2,159	2,066
Common Stock	610.5	610.5	610.5	610.5	610.5	610.5
Additional Paid-In Capital	58.21	58.21	61.64	61.19	57.53	71.16
Retained Earnings	1,384	1,386	1,429	1,340	1,235	1,144
Comprehensive Income & Other	-13.94	-12.19	5.44	21.58	16.85	5.37
Total Common Equity	2,039	2,042	2,106	2,033	1,920	1,831
Minority Interest	404.74	406.32	432.05	406.67	347.16	296.98
Shareholders' Equity	2,444	2,448	2,538	2,440	2,267	2,128
Total Liabilities & Equity	5,519	5,133	5,433	4,979	4,426	4,194
Total Debt	846.4	482.51	412.54	290.25	165.5	109.94
Net Cash (Debt)	144.21	553.71	829.6	781.66	783.61	1,052
Net Cash Growth	-46.39%	-33.26%	6.13%	-0.25%	-25.52%	13.06%
Net Cash Per Share	0.24	0.91	1.36	1.28	1.28	1.72
Filing Date Shares Outstanding	610.5	610.5	610.5	610.5	610.5	610.5
Total Common Shares Outstanding	610.5	610.5	610.5	610.5	610.5	610.5
Working Capital	1,337	1,227	1,428	1,275	1,187	1,190
Book Value Per Share	3.34	3.34	3.45	3.33	3.15	3.00
Tangible Book Value	1,862	1,863	1,926	1,867	1,766	1,676
Tangible Book Value Per Share	3.05	3.05	3.15	3.06	2.89	2.75
Buildings	-	821.26	769.34	580.39	537.46	501.7
Machinery	-	480.5	420.87	426.61	343.75	263.97
Construction In Progress	-	139.56	182.7	261.42	100.57	129.8

Source: S&P Global Market Intelligence. Standard template. Financial Sources.