SHA:603139 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	78.49	97.6	163.75	226.27	203.96	194.91
Trading Asset Securities	0.22	0.36	3.02	4.5	119.47	55.47
Cash & Short-Term Investments	78.72	97.96	166.77	230.77	323.43	250.38
Cash Growth	-37.97%	-41.26%	-27.73%	-28.65%	29.17%	-48.66%
Accounts Receivable	204.89	235.45	271.95	190.58	183.07	177.67
Other Receivables	76.13	10.21	9.68	3.54	9.46	6.98
Receivables	281.02	245.66	281.71	202.03	192.54	184.65
Inventory	187.42	195.49	199.35	122.77	119.89	97.03
Other Current Assets	58.17	59.86	60.4	25.36	30.73	8.3
Total Current Assets	605.33	598.97	708.22	580.93	666.59	540.36
Property, Plant & Equipment	987.55	961.91	982.35	948.09	827.93	471.67
Long-Term Investments	45.97	51.37	91.45	120.11	177.93	114.28
Goodwill	15.11	18.83	15.11	15.11	19.98	19.98
Other Intangible Assets	95.28	99.25	103.29	112.84	122.09	125.67
Long-Term Deferred Tax Assets	34.28	34.43	21.19	13.33	4.85	4.05
Long-Term Deferred Charges	4.93	5.87	5.07	2.22	11.52	11.67
Other Long-Term Assets	97.93	117.22	125.02	28.18	29.33	19.24
Total Assets	1,886	1,888	2,052	1,822	1,860	1,311
Accounts Payable	226.19	230.11	259.31	155.55	171.65	104.1
Accrued Expenses	8.27	26.74	34.1	20.98	13.62	20.48
Short-Term Debt	235.45	191.54	212.18	95.12	25.85	21.44
Current Portion of Long-Term Debt	100.96	95.48	172.69	32.53	61.36	22.6
Current Portion of Leases	-	6.59	1.92	28.98	11.52	1.67
Current Income Taxes Payable	8.23	3.96	3.85	2.63	3.5	3.05
Current Unearned Revenue	17.27	6.21	5.69	7.95	13.36	4.9
Other Current Liabilities	165.86	37.61	17.16	17.98	17.57	5.64
Total Current Liabilities	762.23	598.25	706.92	361.72	318.42	183.87
Long-Term Debt	280.14	332.27	282.05	386.34	393.01	27.94
Long-Term Leases	51.44	5.94	2.58	0.88	3.65	3.54
Long-Term Unearned Revenue	43.68	40.74	35.25	36.01	18.46	11.95
Long-Term Deferred Tax Liabilities	3.49	3.73	5.01	10.8	11.65	10.98
Total Liabilities	1,141	980.94	1,032	795.75	745.2	238.27
Common Stock	99.88	99.88	99.88	99.88	99.88	99.88
Additional Paid-In Capital	412.02	412.01	412.02	412.02	412.02	412.02
Retained Earnings	201.46	333.97	423.59	449.98	520.42	490.93
Comprehensive Income & Other	11.48	11.47	13.74	11.85	14.36	4.9
Total Common Equity	724.84	857.32	949.23	973.73	1,047	1,008
Minority Interest	20.57	49.58	70.69	52.22	68.35	65.21
Shareholders' Equity	745.41	906.9	1,020	1,026	1,115	1,073
Total Liabilities & Equity	1,886	1,888	2,052	1,822	1,860	1,311
Total Debt	667.98	631.83	671.43	543.85	495.39	77.18
Net Cash (Debt)	-589.26	-533.87	-504.66	-313.07	-171.97	173.2
Net Cash Growth	-	-	-	-	-	-63.22%
Net Cash Per Share	-5.97	-5.36	-5.02	-3.13	-1.74	1.73
Filing Date Shares Outstanding	99.88	99.88	99.88	99.88	99.88	99.88
Total Common Shares Outstanding	99.88	99.88	99.88	99.88	99.88	99.88
Working Capital	-156.9	0.72	1.31	219.21	348.17	356.49
Book Value Per Share	7.26	8.58	9.50	9.75	10.48	10.09
Tangible Book Value	614.44	739.24	830.83	845.77	904.6	862.08
Tangible Book Value Per Share	6.15	7.40	8.32	8.47	9.06	8.63
Buildings	-	733.37	730.73	150.04	110.05	69.99
Machinery	-	363.73	320.91	149.39	85.45	68.91
Construction In Progress	-	23.88	61.57	744.8	710.79	402.72

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