SHA:603181 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	608.68	533.47	690.37	658.66	536.88	96.57
Trading Asset Securities	-	-	-	121.18	193.31	554.8
Cash & Short-Term Investments	608.68	533.47	690.37	779.84	730.19	651.38
Cash Growth	-5.24%	-22.73%	-11.47%	6.80%	12.10%	13.85%
Accounts Receivable	435.47	421.41	325.53	275.93	352.83	336.9
Other Receivables	0.88	0.6	0.73	33.02	3.44	9.63
Receivables	436.36	422.01	326.26	308.95	356.27	346.52
Inventory	199.28	239.95	209.55	244.14	248.39	163.19
Other Current Assets	72.1	84.78	45.19	49.48	94.93	60.37
Total Current Assets	1,316	1,280	1,271	1,382	1,430	1,221
Property, Plant & Equipment	2,358	2,180	1,828	1,747	1,437	1,390
Long-Term Investments	-	-	6.19	5.66	-	-
Other Intangible Assets	241.21	246.75	251.36	144.22	147.56	117.12
Long-Term Deferred Tax Assets	24.37	19.46	13.97	17.99	6.88	9.01
Long-Term Deferred Charges	4.62	5.66	4.44	5.51	4.62	3.36
Other Long-Term Assets	148.58	143.14	42.34	3.14	8.93	8.43
Total Assets	4,093	3,875	3,418	3,306	3,035	2,749
Accounts Payable	167.4	203.34	180.31	248.05	246.65	255
Accrued Expenses	18.57	39.35	33.1	27.31	26.58	21.9
Short-Term Debt	-	-	-	40.05	40.05	40.05
Current Portion of Long-Term Debt	14.02	105.18	139.17	53.98	53.97	4.91
Current Income Taxes Payable	32.48	20.37	16.31	24.64	19.5	10.94
Current Unearned Revenue	11.08	16.92	9.67	16.52	18.6	11.44
Other Current Liabilities	10.48	9.28	10.13	9.86	7.55	5.05
Total Current Liabilities	254.03	394.44	388.69	420.4	412.91	349.29
Long-Term Debt	421.97	292.44	193.32	281.46	335.4	100.15
Long-Term Unearned Revenue	79.44	76.69	76.44	70.27	19.06	37.69
Long-Term Deferred Tax Liabilities	-	-	1.84	7.4	10.32	25.4
Other Long-Term Liabilities	-	-	-	-	-	382.07
Total Liabilities	755.45	763.56	660.3	779.53	777.68	894.6
Common Stock	588.7	588.7	588.7	588.7	588.7	406
Additional Paid-In Capital	141.81	131.65	233.16	227.68	216.96	391.94
Retained Earnings	2,775	2,559	2,245	1,921	1,502	1,053
Treasury Stock	-169.22	-169.22	-310.57	-211.05	-53.08	-
Comprehensive Income & Other	0.94	1.47	0.74	-	3.17	3.34
Shareholders' Equity	3,338	3,112	2,758	2,526	2,257	1,855
Total Liabilities & Equity	4,093	3,875	3,418	3,306	3,035	2,749
Total Debt	436	397.62	332.49	375.48	429.42	145.1
Net Cash (Debt)	172.68	135.85	357.88	404.36	300.77	506.27
Net Cash Growth	-29.72%	-62.04%	-11.49%	34.44%	-40.59%	-11.51%
Net Cash Per Share	0.30	0.24	0.63	0.69	0.51	0.87
Filing Date Shares Outstanding	575.61	575.61	566.04	574.2	588.7	588.7
Total Common Shares Outstanding	575.61	575.61	566.04	574.2	588.7	588.7
Working Capital	1,062	885.77	882.68	962	1,017	872.18
Book Value Per Share	5.80	5.41	4.87	4.40	3.83	3.15
Tangible Book Value	3,096	2,865	2,506	2,382	2,110	1,737
Tangible Book Value Per Share	5.38	4.98	4.43	4.15	3.58	2.95
Buildings	-	914.09	749.13	704.85	615.3	448.66
Machinery	-	1,351	1,255	1,058	801.85	825.32
Construction In Progress	-	453.65	245.99	301.74	263.15	555.67

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