SHA:603131 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	141.17	548.27	603.39	459	382.83	526.45
Short-Term Investments	-	-	85.31	-	70.09	130.18
Trading Asset Securities	894.65	556.2	180.88	412.74	280	221
Cash & Short-Term Investments	1,036	1,104	869.57	871.74	732.92	877.63
Cash Growth	6.07%	27.01%	-0.25%	18.94%	-16.49%	110.58%
Accounts Receivable	283.79	357.14	450.47	459.03	485.9	356.2
Other Receivables	5.71	13.47	12.53	12.12	29.14	27.61
Receivables	289.5	370.61	462.99	471.15	515.04	383.8
Inventory	288.44	282.19	335.96	340.37	346.17	294.91
Other Current Assets	42.54	5.37	5.02	6.81	10.93	8.79
Total Current Assets	1,656	1,763	1,674	1,690	1,605	1,565
Property, Plant & Equipment	328.88	342.54	375.15	409.4	440.58	399.04
Long-Term Investments	26.5	41.56	48.92	49.54	40.44	14.19
Goodwill	-	-	-	97.42	250.98	252.73
Other Intangible Assets	57.45	59.17	61.69	64.14	67.67	70.58
Long-Term Deferred Tax Assets	22.46	19.33	7.36	5.74	14.11	11.11
Long-Term Deferred Charges	4.41	2.98	1.85	2.52	1.23	0.23
Other Long-Term Assets	0.04	0.82	0.73	1.66	1.68	16.7
Total Assets	2,096	2,229	2,169	2,320	2,422	2,330
Accounts Payable	270.79	353.48	328.94	325	353.02	340.16
Accrued Expenses	19.07	47.36	60.61	65.35	57.07	54.23
Short-Term Debt	-	50.03	-	100	35.07	-
Current Portion of Long-Term Debt	13.65	4.34	3.61	9.17	7.68	-
Current Portion of Leases	-	7.26	13.19	8.34	9.25	-
Current Income Taxes Payable	15.32	6.56	1.2	7.41	11.74	12.78
Current Unearned Revenue	83.28	68.26	81.2	68.61	74	77.68
Other Current Liabilities	14.42	14.32	25.66	21.94	23.11	23.45
Total Current Liabilities	416.53	551.6	514.42	605.81	570.94	508.31
Long-Term Debt	431.7	434.3	423.88	424.01	416.57	482.55
Long-Term Leases	15.31	9.43	12.99	19.82	22.84	-
Long-Term Unearned Revenue	4.31	2.38	3.1	2.78	3.36	4.18
Long-Term Deferred Tax Liabilities	2.26	2.38	2.37	2.69	2.9	4.08
Other Long-Term Liabilities	-	-	-	-	-	3
Total Liabilities	870.11	1,000	956.76	1,055	1,017	1,002
Common Stock	317.99	317.99	317.99	317.98	317.98	317.97
Additional Paid-In Capital	492.52	492.52	492.58	494.46	493.61	498.67
Retained Earnings	383.99	389.78	377.22	431.47	564.39	483.59
Comprehensive Income & Other	25.31	23.79	22.55	21.48	20.94	21.48
Total Common Equity	1,220	1,224	1,210	1,265	1,397	1,322
Minority Interest	6.12	4.88	2.14	-0.01	8.19	5.88
Shareholders' Equity	1,226	1,229	1,212	1,265	1,405	1,328
Total Liabilities & Equity	2,096	2,229	2,169	2,320	2,422	2,330
Total Debt	460.65	505.36	453.67	561.33	491.41	482.55
Net Cash (Debt)	575.17	599.11	415.9	310.4	241.5	395.08
Net Cash Growth	21.21%	44.05%	33.99%	28.53%	-38.87%	13.60%
Net Cash Per Share	1.77	1.91	1.30	0.98	0.75	1.24
Filing Date Shares Outstanding	317.99	317.99	317.99	317.98	317.98	317.97
Total Common Shares Outstanding	317.99	317.99	317.99	317.98	317.98	317.97
Working Capital	1,240	1,211	1,159	1,084	1,034	1,057
Book Value Per Share	3.84	3.85	3.81	3.98	4.39	4.16
Tangible Book Value	1,162	1,165	1,149	1,104	1,078	998.41
Tangible Book Value Per Share	3.66	3.66	3.61	3.47	3.39	3.14
Buildings	-	288.6	288.54	264.88	264.88	264.88
Machinery	-	285.02	284.78	281.1	263.09	225
Construction In Progress	-	3.63	3.29	27.15	38.15	37.56

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