SHA:603439 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	265.69	476.07	571.37	570.88	544.22	450.05
Short-Term Investments	-	-	-	-	-	130
Trading Asset Securities	59.7	22.95	51.5	59.91	98	-
Cash & Short-Term Investments	325.4	499.02	622.87	630.79	642.22	580.05
Cash Growth	-45.14%	-19.89%	-1.26%	-1.78%	10.72%	142.08%
Accounts Receivable	700.57	932.12	682.86	432.82	312.8	288.77
Other Receivables	4.67	2.53	3.32	2.18	51.41	0.86
Receivables	705.25	934.65	686.18	435.01	364.21	289.63
Inventory	324.73	320.72	175.72	98.08	88.57	47.51
Other Current Assets	53.85	43.59	8.69	8.18	4.55	2.83
Total Current Assets	1,409	1,798	1,493	1,172	1,100	920.01
Property, Plant & Equipment	540.3	585.15	615.13	237.4	157.91	154.36
Long-Term Investments	89.57	22.55	10.08	129.77	119.13	167.82
Goodwill	554.61	554.61	554.61	161.66	-	-
Other Intangible Assets	198.95	216.13	235.23	107.3	20.38	11.84
Long-Term Deferred Tax Assets	14.52	15.13	11.08	6.89	5.12	4.76
Long-Term Deferred Charges	0.64	0.56	0.86	1.54	2.9	-
Total Assets	2,848	3,192	2,920	1,817	1,405	1,259
Accounts Payable	135.35	342.73	247.98	165.26	98.84	35.38
Accrued Expenses	4.42	67.33	39.48	31.33	16.59	12.58
Short-Term Debt	575.48	351.52	255.32	205	200	200
Current Portion of Long-Term Debt	52.71	45.15	45.22	-	-	-
Current Portion of Leases	-	0.5	0.15	0.5	-	-
Current Income Taxes Payable	20.23	13.84	12.77	10.91	9.4	7.61
Current Unearned Revenue	7.74	7.79	8.17	78.96	5.83	5.89
Other Current Liabilities	177.42	405.59	229.92	56.72	29.76	2.45
Total Current Liabilities	973.37	1,234	839.01	548.68	360.42	263.91
Long-Term Debt	179.4	209.3	254.15	-	-	-
Long-Term Leases	0.05	0.21	0.17	0.17	-	-
Long-Term Unearned Revenue	39.91	42.97	35.97	12.5	12.5	13
Long-Term Deferred Tax Liabilities	22.87	25.5	28.88	6.94	-	-
Other Long-Term Liabilities	84.43	85.04	52.92	10.1	-	-
Total Liabilities	1,300	1,597	1,211	578.4	372.93	276.91
Common Stock	409.8	409.8	409.86	410.86	410.86	407.32
Additional Paid-In Capital	159.23	149.04	225.12	229.69	223.39	201.27
Retained Earnings	1,012	1,069	876.75	625.04	423.75	373.3
Treasury Stock	-100.64	-100.64	-41.43	-26.55	-26.55	-
Total Common Equity	1,481	1,527	1,470	1,239	1,031	981.89
Minority Interest	67.47	67.29	239.04	-0.82	0.61	-0.02
Shareholders' Equity	1,548	1,595	1,709	1,238	1,032	981.88
Total Liabilities & Equity	2,848	3,192	2,920	1,817	1,405	1,259
Total Debt	807.65	606.68	555.02	205.67	200	200
Net Cash (Debt)	-482.25	-107.67	67.86	425.12	442.22	380.05
Net Cash Growth	-	-	-84.04%	-3.87%	16.36%	58.61%
Net Cash Per Share	-1.20	-0.26	0.16	1.03	1.07	0.97
Filing Date Shares Outstanding	405.61	405.61	408.25	410.86	410.86	407.32
Total Common Shares Outstanding	405.61	405.61	408.25	410.86	410.86	407.32
Working Capital	435.86	563.53	654.46	623.38	739.12	656.1
Book Value Per Share	3.65	3.77	3.60	3.02	2.51	2.41
Tangible Book Value	727.13	756.61	680.48	970.09	1,011	970.05
Tangible Book Value Per Share	1.79	1.87	1.67	2.36	2.46	2.38
Buildings	-	543.28	549.09	181.14	152.85	152.85
Machinery	-	351.45	344.91	103.27	58.44	48.76
Construction In Progress	-	-	0.04	48.59	4.17	0.27

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