SHA:603456 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	2,712	2,749	3,206	1,095	1,121	324.57
Trading Asset Securities	-	-	-	-	26.06	27.45
Cash & Short-Term Investments	2,712	2,749	3,206	1,095	1,147	352.03
Cash Growth	1.70%	-14.27%	192.71%	-4.49%	225.79%	-37.71%
Accounts Receivable	1,065	1,255	997.69	767.03	850.02	691.24
Other Receivables	19.55	11.8	8.32	6.46	5.72	8.52
Receivables	1,085	1,266	1,006	773.49	855.74	699.77
Inventory	1,582	1,929	1,959	2,021	1,682	1,170
Other Current Assets	140.63	127.5	142.55	102.87	87.38	73.69
Total Current Assets	5,519	6,071	6,314	3,993	3,772	2,295
Property, Plant & Equipment	4,334	4,274	3,722	3,144	2,645	2,321
Long-Term Investments	202.37	108.08	121.88	109.13	101.07	29.87
Goodwill	87.88	88.6	110.11	111.11	70.35	75.07
Other Intangible Assets	500.29	516.11	504.74	454.03	412.47	235.78
Long-Term Deferred Tax Assets	1.89	1.68	0.75	24.43	11.21	7.58
Long-Term Deferred Charges	73.83	64.76	73.2	69.07	16.21	0.14
Other Long-Term Assets	-	2.9	4.74	8.38	12.15	36.54
Total Assets	10,719	11,127	10,852	7,914	7,040	5,002
Accounts Payable	1,102	1,459	1,198	1,245	988.14	530.25
Accrued Expenses	147.44	202.63	227.81	201.85	168.05	149.82
Short-Term Debt	122.36	-	-	50.05	498.84	788.02
Current Portion of Long-Term Debt	6.25	201.93	7.77	200.21	-	10.01
Current Portion of Leases	-	7.79	6.78	6.59	1.01	-
Current Income Taxes Payable	104.68	55.74	55.3	78.8	75.37	26.86
Current Unearned Revenue	102.04	69.75	75.41	83.08	49.64	22.76
Other Current Liabilities	41.96	49.84	85.95	348.37	303.65	105.32
Total Current Liabilities	1,627	2,046	1,657	2,214	2,085	1,633
Long-Term Debt	-	194.25	389.05	83.99	201.49	140.19
Long-Term Leases	7.87	8.03	11.89	10.6	3.25	-
Long-Term Unearned Revenue	151.06	139.89	109.12	101.2	97.31	92.49
Long-Term Deferred Tax Liabilities	83.94	87.47	101.47	106.26	76.55	49.95
Other Long-Term Liabilities	25.1	41.76	50.77	25.76	-	-
Total Liabilities	1,895	2,518	2,319	2,542	2,463	1,916
Common Stock	889.45	895.24	899.49	834.25	832.6	805.23
Additional Paid-In Capital	4,285	4,380	4,499	2,058	1,985	971.34
Retained Earnings	3,657	3,350	3,190	2,515	1,802	1,335
Treasury Stock	-102	-99.9	-132.01	-113.12	-44.43	-30.66
Comprehensive Income & Other	25.23	11.52	4.65	2.26	1.49	2.54
Total Common Equity	8,755	8,537	8,461	5,297	4,577	3,083
Minority Interest	69.03	72.91	71.94	75.1	-	2.91
Shareholders' Equity	8,824	8,610	8,533	5,372	4,577	3,086
Total Liabilities & Equity	10,719	11,127	10,852	7,914	7,040	5,002
Total Debt	136.48	412	415.49	351.44	704.58	938.22
Net Cash (Debt)	2,575	2,337	2,791	743.98	442.29	-586.2
Net Cash Growth	18.92%	-16.27%	275.13%	68.21%	-	-
Net Cash Per Share	2.92	2.62	3.13	0.90	0.53	-0.72
Filing Date Shares Outstanding	887.71	889.45	899.49	834.25	832.6	831.41
Total Common Shares Outstanding	887.71	889.45	899.49	834.25	832.6	805.23
Working Capital	3,892	4,025	4,658	1,779	1,687	662.34
Book Value Per Share	9.86	9.60	9.41	6.35	5.50	3.83
Tangible Book Value	8,167	7,932	7,846	4,732	4,094	2,772
Tangible Book Value Per Share	9.20	8.92	8.72	5.67	4.92	3.44
Buildings	-	1,966	1,786	1,612	1,562	1,354
Machinery	-	4,665	4,350	4,010	3,684	3,326
Construction In Progress	-	1,566	1,198	839.25	471.51	300.08

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