SHA:603227 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	325.91	1,004	890.36	1,232	817.22	326.66
Trading Asset Securities	-	-	-	3.87	3.79	3.7
Cash & Short-Term Investments	325.91	1,004	890.36	1,236	821.01	330.36
Cash Growth	-68.39%	12.79%	-27.96%	50.54%	148.52%	-24.46%
Accounts Receivable	2,197	1,655	1,359	1,546	1,567	1,052
Other Receivables	111.46	77.73	69.9	66.04	62.2	64.44
Receivables	2,308	1,733	1,429	1,612	1,630	1,117
Inventory	458.26	447.79	504.59	618.7	520	199.33
Prepaid Expenses	-	4.81	0.64	21.23	0.7	0.34
Other Current Assets	764.89	291.08	246.36	381.46	499.48	343.05
Total Current Assets	3,857	3,480	3,071	3,869	3,471	1,990
Property, Plant & Equipment	3,247	3,337	3,515	3,410	3,670	1,344
Long-Term Investments	100.81	88.5	78.78	78.48	78.7	32.04
Goodwill	115.7	20.98	20.98	20.98	20.98	26.29
Other Intangible Assets	632.02	557.79	571.71	571.54	534.92	336.24
Long-Term Accounts Receivable	-	-	0.11	0.84	1.54	-
Long-Term Deferred Tax Assets	113.83	110.6	126.21	137.94	150.73	112.66
Long-Term Deferred Charges	43.34	40.4	36.34	33.66	21.16	37.57
Other Long-Term Assets	246.11	253.89	232.41	221.28	40.79	55.22
Total Assets	8,356	7,890	7,653	8,344	7,989	3,934
Accounts Payable	646.16	470.8	482.67	604.75	412.57	462.01
Accrued Expenses	31.13	228.02	250.83	92.29	158.31	34.41
Short-Term Debt	350.99	121.18	492.01	856.75	957.26	460.53
Current Portion of Long-Term Debt	268.42	311.5	43.43	50.16	57.25	-
Current Portion of Leases	-	1.31	2.07	2.19	1.29	-
Current Income Taxes Payable	76.92	-	-	25.87	83.2	19.09
Current Unearned Revenue	147.14	88.7	102.81	152.95	258.68	97.02
Other Current Liabilities	382.14	377.84	309.44	1,478	1,175	589.05
Total Current Liabilities	1,903	1,599	1,683	3,263	3,104	1,662
Long-Term Debt	148.81	233.81	335.9	200	377.64	133.71
Long-Term Leases	2.58	1.86	1.42	1.69	3.33	-
Long-Term Unearned Revenue	135.37	147.26	167.6	193.35	219.33	241.02
Long-Term Deferred Tax Liabilities	59.62	50.73	59.36	59.98	49.16	13.7
Other Long-Term Liabilities	57.64	60.39	63.28	60.31	99.8	71.59
Total Liabilities	2,307	2,093	2,311	3,778	3,853	2,122
Common Stock	1,072	1,072	1,072	966.57	724.57	658.7
Additional Paid-In Capital	1,575	1,574	1,574	1,189	807.17	418.09
Retained Earnings	2,376	2,196	1,796	1,103	784.66	340.47
Comprehensive Income & Other	63.44	64.56	44.25	36.27	20.9	19.01
Total Common Equity	5,085	4,907	4,486	3,295	2,337	1,436
Minority Interest	963.63	889.51	856.29	1,271	1,799	375.8
Shareholders' Equity	6,049	5,797	5,342	4,566	4,136	1,812
Total Liabilities & Equity	8,356	7,890	7,653	8,344	7,989	3,934
Total Debt	770.78	669.67	874.82	1,111	1,397	594.24
Net Cash (Debt)	-444.87	334.53	15.53	125.12	-575.76	-263.88
Net Cash Growth	-	2053.58%	-87.59%	-	-	-
Net Cash Per Share	-0.41	0.31	0.01	0.15	-0.71	-0.40
Filing Date Shares Outstanding	1,072	1,072	1,072	1,072	724.57	658.7
Total Common Shares Outstanding	1,072	1,072	1,072	966.57	724.57	658.7
Working Capital	1,954	1,881	1,388	606.8	367.06	327.79
Book Value Per Share	4.75	4.58	4.19	3.41	3.23	2.18
Tangible Book Value	4,338	4,328	3,893	2,702	1,781	1,074
Tangible Book Value Per Share	4.05	4.04	3.63	2.80	2.46	1.63
Buildings	-	2,447	2,388	2,217	2,205	1,016
Machinery	-	4,006	3,932	3,680	3,603	618.33
Construction In Progress	-	23.69	25.85	103.26	212.55	319.53

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