SHA:603507 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	546.47	1,241	1,028	707.57	648.73	324.17
Trading Asset Securities	1.07	36.24	2.18	175.08	23.46	7.03
Cash & Short-Term Investments	547.53	1,277	1,030	882.64	672.19	331.2
Cash Growth	-8.43%	24.02%	16.69%	31.31%	102.96%	20.63%
Accounts Receivable	998.96	762.04	892.01	575.49	510.27	433.25
Other Receivables	166.4	122.39	110.7	80.26	83.37	66.95
Receivables	1,165	884.42	1,003	655.75	593.64	500.2
Inventory	1,404	1,116	1,209	1,150	965.88	574.01
Prepaid Expenses	-	2.98	1.03	1.87	-	-
Other Current Assets	518.23	168.23	258.54	399.47	411.34	232.52
Total Current Assets	3,635	3,449	3,501	3,090	2,643	1,638
Property, Plant & Equipment	3,375	2,504	2,239	1,935	1,868	1,608
Long-Term Investments	52.47	53.65	56.26	29.3	24.66	14.28
Goodwill	143.92	134.17	139.55	88.79	96.64	96.64
Other Intangible Assets	286.45	284.92	170.84	133.5	129.91	132.85
Long-Term Accounts Receivable	-	3.19	19.47	-	-	-
Long-Term Deferred Tax Assets	125.65	99.43	100.99	75.29	51.03	45.51
Long-Term Deferred Charges	53.4	76.87	66.5	56.98	20.43	15.33
Other Long-Term Assets	168.61	319.89	67.04	75.8	35.32	24.15
Total Assets	7,841	6,925	6,361	5,485	4,869	3,575
Accounts Payable	594.91	523.83	635.16	611.13	840.38	364.98
Accrued Expenses	36.13	74.09	57.19	33.5	27.65	16.3
Short-Term Debt	2,012	1,643	1,332	995.88	944.44	849.85
Current Portion of Long-Term Debt	987.54	34.47	50.98	25.5	25	-
Current Portion of Leases	-	608.26	427.74	316.47	235.6	21.06
Current Income Taxes Payable	30.5	14.66	54.51	20.52	18.44	12.45
Current Unearned Revenue	227.04	224.16	458.18	453.84	462.23	216.63
Other Current Liabilities	83.22	27.65	52.14	69.5	111.13	243.54
Total Current Liabilities	3,971	3,150	3,068	2,526	2,665	1,725
Long-Term Debt	609	422.79	8.92	94	110	62.1
Long-Term Leases	700.64	744.6	664.94	420.86	303.47	208.1
Long-Term Unearned Revenue	69.12	55.57	60.06	62.69	64.83	44.43
Long-Term Deferred Tax Liabilities	31.6	33.22	42.59	25.81	5.18	3.94
Other Long-Term Liabilities	-	1.78	14.74	65.7	65.7	65.7
Total Liabilities	5,381	4,408	3,859	3,195	3,214	2,109
Common Stock	184.3	184.3	142.03	142.63	125.63	126.84
Additional Paid-In Capital	1,406	1,409	1,461	1,452	911.03	945.42
Retained Earnings	893.31	929.8	806.56	651.27	592.72	413.48
Treasury Stock	-63.62	-52.24	-	-6.17	-13.04	-54.5
Comprehensive Income & Other	1.43	1.57	1.26	0.01	-	-
Total Common Equity	2,422	2,472	2,411	2,240	1,616	1,431
Minority Interest	37.92	44.94	90.74	49.64	38.48	34.36
Shareholders' Equity	2,460	2,517	2,502	2,289	1,655	1,466
Total Liabilities & Equity	7,841	6,925	6,361	5,485	4,869	3,575
Total Debt	4,309	3,453	2,485	1,853	1,619	1,141
Net Cash (Debt)	-3,761	-2,175	-1,455	-970.06	-946.32	-809.92
Net Cash Per Share	-20.80	-11.84	-7.92	-5.74	-5.81	-5.00
Filing Date Shares Outstanding	195.29	181.95	184.64	185.41	163.32	164.89
Total Common Shares Outstanding	195.29	181.95	184.64	185.41	163.32	164.89
Working Capital	-335.47	299.38	433.31	563.79	-21.82	-86.89
Book Value Per Share	12.40	13.59	13.06	12.08	9.90	8.68
Tangible Book Value	1,991	2,053	2,101	2,018	1,390	1,202
Tangible Book Value Per Share	10.20	11.28	11.38	10.88	8.51	7.29
Buildings	-	1,143	955.13	881.86	595.74	-
Machinery	-	1,719	1,503	1,315	1,160	-
Construction In Progress	-	193.26	107.96	35.9	300.77	-
Order Backlog	-	14,600	-	-	-	-

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