SHA:603199 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	195.87	205.07	178.5	85.92	61.09	153.3
Short-Term Investments	162.25	252.42	233.1	334.13	454.03	393.86
Cash & Short-Term Investments	358.12	457.49	411.6	420.05	515.11	547.15
Cash Growth	46.16%	11.15%	-2.01%	-18.45%	-5.86%	8.27%
Accounts Receivable	27.11	3.73	2.67	2.71	0.92	1.61
Other Receivables	3.52	2.04	2.34	1.62	1.66	1.21
Receivables	30.64	5.77	5.01	4.33	2.58	2.83
Inventory	6.48	6.84	8.04	7.01	7.24	6.65
Prepaid Expenses	-	1.33	2.27	1.93	1.56	1.91
Other Current Assets	246.38	6.44	9.45	5.47	16.36	15.91
Total Current Assets	641.63	477.88	436.38	438.79	542.84	574.46
Property, Plant & Equipment	856.59	877.99	909.57	727.79	684.45	655.42
Long-Term Investments	74.54	229.63	222.17	65.82	68.09	70.59
Goodwill	-	-	-	-	9.56	-
Other Intangible Assets	218.94	209.85	217.41	222.91	154.16	100.69
Long-Term Deferred Tax Assets	8.57	7.09	6.07	4.32	12.24	8.09
Long-Term Deferred Charges	11.15	8.82	1.38	2.52	0.85	5.19
Other Long-Term Assets	105.79	45.72	18.54	15.58	18.98	20.4
Total Assets	1,917	1,857	1,812	1,478	1,491	1,435
Accounts Payable	77.53	34.46	37.73	22.46	21.58	19.32
Accrued Expenses	115.67	123.2	112.55	89.1	95.41	99.56
Current Portion of Leases	0.59	0.18	0.07	0.07	0.06	-
Current Income Taxes Payable	21.06	25.02	49.17	-	18.41	19.07
Current Unearned Revenue	16.55	13.79	9.52	10.08	9.58	7.99
Other Current Liabilities	35.19	116.16	171.66	83.48	33.14	34.18
Total Current Liabilities	266.59	312.81	380.71	205.19	178.18	180.12
Long-Term Leases	14.71	15.23	3.32	3.39	3.46	-
Long-Term Unearned Revenue	11.81	9.68	9.17	9.64	10.11	10.58
Long-Term Deferred Tax Liabilities	-	-	-	-	9.24	-
Other Long-Term Liabilities	4.49	4.52	0.19	15.76	14.42	12.52
Total Liabilities	297.59	342.24	393.39	233.98	215.4	203.22
Common Stock	110.68	110.68	110.68	110.68	110.68	110.68
Additional Paid-In Capital	333.29	333.29	333.29	333.29	333.29	333.29
Retained Earnings	1,173	1,068	969.33	794.67	827.19	783.27
Comprehensive Income & Other	2.3	2.87	4.82	5.08	4.59	4.38
Shareholders' Equity	1,620	1,515	1,418	1,244	1,276	1,232
Total Liabilities & Equity	1,917	1,857	1,812	1,478	1,491	1,435
Total Debt	15.3	15.41	3.39	3.46	3.52	-
Net Cash (Debt)	342.83	442.08	408.21	416.59	511.59	547.15
Net Cash Growth	49.27%	8.30%	-2.01%	-18.57%	-6.50%	8.27%
Net Cash Per Share	3.10	3.99	3.69	3.65	4.65	4.91
Filing Date Shares Outstanding	110.68	110.68	110.68	110.68	110.68	110.68
Total Common Shares Outstanding	110.68	110.68	110.68	110.68	110.68	110.68
Working Capital	375.04	165.07	55.67	233.6	364.67	394.33
Book Value Per Share	14.63	13.69	12.81	11.24	11.53	11.13
Tangible Book Value	1,401	1,305	1,201	1,021	1,112	1,131
Tangible Book Value Per Share	12.66	11.79	10.85	9.22	10.05	10.22
Buildings	-	1,139	948.14	790.23	854.97	739.72
Machinery	-	452.5	433.69	416.16	418.9	414.98
Construction In Progress	-	5.38	189.61	151.5	19.21	16.3

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