SHA:603128 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	1,820	2,106	1,948	2,575	1,666	1,508
Cash & Short-Term Investments	1,820	2,106	1,948	2,575	1,666	1,508
Cash Growth	28.68%	8.14%	-24.36%	54.57%	10.48%	31.23%
Accounts Receivable	4,715	4,252	3,338	3,169	4,834	3,108
Other Receivables	1,003	726.75	1,043	417.22	351.18	221.9
Receivables	5,718	4,979	4,381	3,587	5,185	3,330
Inventory	73.45	25.71	20.41	10.56	28.53	13.59
Prepaid Expenses	-	8.6	4.11	5.79	4.07	7.87
Other Current Assets	671.58	586.75	148.49	346.13	368.95	134.44
Total Current Assets	8,282	7,706	6,502	6,524	7,253	4,994
Property, Plant & Equipment	758.43	717.9	736.6	758.03	801.39	628.35
Long-Term Investments	699.44	744.78	726.88	340.08	288.35	198.57
Goodwill	1,374	1,374	1,374	1,729	1,729	1,374
Other Intangible Assets	150.97	157.51	166.35	270.67	274.61	179.77
Long-Term Accounts Receivable	-	9.53	7.38	-	-	-
Long-Term Deferred Tax Assets	53.99	53.07	55.64	76.37	103.67	69.72
Long-Term Deferred Charges	15.99	15.2	19.36	19.42	32.89	14.57
Other Long-Term Assets	124.16	65.41	65.33	55.1	52.62	43.37
Total Assets	11,460	10,844	9,653	9,772	10,535	7,503
Accounts Payable	2,104	2,120	1,936	1,438	2,430	1,596
Accrued Expenses	150.43	206.12	226.76	290.81	359.46	245.24
Short-Term Debt	1,641	1,120	400.32	250.42	217.35	100.08
Current Portion of Long-Term Debt	-	21.68	2.07	820.6	100.21	60.05
Current Portion of Leases	38.67	65.94	57.44	43.26	54.98	-
Current Income Taxes Payable	87.63	69.64	64.91	62.94	109.37	92.38
Current Unearned Revenue	62.11	76.36	28.01	77.43	125.32	21.97
Other Current Liabilities	898.73	782.42	631.45	275.46	358.99	296.19
Total Current Liabilities	4,983	4,462	3,347	3,259	3,755	2,412
Long-Term Debt	91.16	112.64	33.55	150.72	968.55	176.44
Long-Term Leases	153.25	116.64	136.86	111.31	81.65	-
Long-Term Unearned Revenue	4.52	6.15	6.66	3.84	4.74	2.5
Long-Term Deferred Tax Liabilities	33.19	34.87	36.45	59.14	63.86	36.18
Other Long-Term Liabilities	9.81	14.81	122.53	172.68	243.5	185.09
Total Liabilities	5,275	4,747	3,683	3,757	5,118	2,812
Common Stock	1,309	1,309	1,319	1,309	1,309	1,309
Additional Paid-In Capital	1,647	1,646	1,698	1,673	1,689	1,653
Retained Earnings	3,103	3,024	2,899	2,897	2,305	1,779
Treasury Stock	-	-	-61.36	-61.36	-126.67	-126.67
Comprehensive Income & Other	1.99	4.24	-1.17	-8.01	-38.93	-28.47
Total Common Equity	6,061	5,984	5,853	5,811	5,138	4,586
Minority Interest	123.69	113.31	117.09	204.72	279.28	104.98
Shareholders' Equity	6,185	6,097	5,970	6,015	5,417	4,691
Total Liabilities & Equity	11,460	10,844	9,653	9,772	10,535	7,503
Total Debt	1,924	1,436	630.24	1,376	1,423	336.57
Net Cash (Debt)	-104.1	669.83	1,317	1,199	243.16	1,171
Net Cash Growth	-	-49.16%	9.91%	392.98%	-79.24%	99.62%
Net Cash Per Share	-0.08	0.51	1.00	0.92	0.19	0.91
Filing Date Shares Outstanding	1,309	1,309	1,309	1,299	1,289	1,289
Total Common Shares Outstanding	1,309	1,309	1,309	1,299	1,289	1,289
Working Capital	3,300	3,244	3,154	3,265	3,497	2,582
Book Value Per Share	4.63	4.57	4.47	4.47	3.99	3.56
Tangible Book Value	4,536	4,452	4,313	3,811	3,135	3,032
Tangible Book Value Per Share	3.47	3.40	3.29	2.93	2.43	2.35
Buildings	-	616.65	615.16	631.01	614.19	613.28
Machinery	-	603.23	577.23	597.87	599.74	522.73
Construction In Progress	-	-	-	-	18.11	9.6

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