SHA:603520 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	257.67	603.35	565.13	661.56	775.74	799.49
Trading Asset Securities	-	-	0.02	0.88	70.16	130.76
Cash & Short-Term Investments	257.67	603.35	565.16	662.44	845.9	930.25
Cash Growth	-62.45%	6.76%	-14.69%	-21.69%	-9.07%	114.45%
Accounts Receivable	549.44	437.16	492.44	711.18	663.79	429.56
Other Receivables	10.87	4.27	4.82	8.31	12.77	2.7
Receivables	560.3	441.42	497.26	719.49	676.56	432.26
Inventory	1,103	1,105	1,148	738.58	517.59	536.54
Other Current Assets	92.82	80.77	54.07	51.12	21.76	34.52
Total Current Assets	2,013	2,231	2,265	2,172	2,062	1,934
Property, Plant & Equipment	2,903	2,866	2,345	2,189	1,791	1,604
Long-Term Investments	152.2	156.13	129.42	135.94	159.55	99.59
Goodwill	404.96	404.96	404.96	404.96	519.71	519.71
Other Intangible Assets	292.6	302.55	311.93	310.73	231.17	197.9
Long-Term Deferred Tax Assets	34.34	36.96	21.72	22.5	14.39	5.48
Long-Term Deferred Charges	9.9	13.52	19.23	39.05	41.18	25.44
Other Long-Term Assets	40.53	34.92	19.14	28.62	77.03	20.57
Total Assets	5,851	6,046	5,516	5,302	4,895	4,406
Accounts Payable	371.99	532.86	508.1	540.63	590.94	295.93
Accrued Expenses	25.62	93.76	72.52	58.27	57.4	46.8
Short-Term Debt	1,439	1,441	1,855	1,689	926.92	827.92
Current Portion of Long-Term Debt	319.6	545.02	465.23	416.29	232.75	-
Current Portion of Leases	-	0.34	1.7	1.56	1.56	-
Current Income Taxes Payable	11.81	7.27	0.71	0.73	28.03	19.63
Current Unearned Revenue	16.69	4.45	10.92	10.44	5.1	0.19
Other Current Liabilities	72.02	53.07	17.19	43.07	43.35	335.26
Total Current Liabilities	2,257	2,677	2,931	2,760	1,886	1,526
Long-Term Debt	791.75	537.28	734.45	673.85	746.55	992.95
Long-Term Leases	63.13	94.57	0.02	1.54	-	-
Long-Term Unearned Revenue	131.42	101.95	91.66	94.41	43.35	22.94
Long-Term Deferred Tax Liabilities	-	-	-	1.38	-	-
Other Long-Term Liabilities	-	-	-	-	4.88	-
Total Liabilities	3,243	3,411	3,758	3,531	2,681	2,542
Common Stock	438.41	438.41	342.51	342.91	245.02	244.9
Additional Paid-In Capital	1,643	1,643	810.74	813.79	1,141	977.66
Retained Earnings	492.27	529.21	600.23	624.25	822.53	629.34
Treasury Stock	-	-	-	-24.64	-27.75	-26.07
Comprehensive Income & Other	26.69	17.46	-0.88	8.93	-5.51	-2.34
Total Common Equity	2,600	2,628	1,753	1,765	2,175	1,824
Minority Interest	6.63	6.29	6.3	5.97	39.56	41.21
Shareholders' Equity	2,607	2,634	1,759	1,771	2,215	1,865
Total Liabilities & Equity	5,851	6,046	5,516	5,302	4,895	4,406
Total Debt	2,614	2,618	3,056	2,782	1,908	1,821
Net Cash (Debt)	-2,356	-2,014	-2,491	-2,120	-1,062	-890.62
Net Cash Per Share	-6.18	-4.92	-7.32	-6.15	-3.08	-2.66
Filing Date Shares Outstanding	438.41	438.41	342.51	342.4	342.15	341.94
Total Common Shares Outstanding	438.41	438.41	342.51	342.4	342.15	341.94
Working Capital	-243.79	-446.72	-666.63	-588.15	175.75	407.83
Book Value Per Share	5.93	5.99	5.12	5.16	6.36	5.33
Tangible Book Value	1,903	1,921	1,036	1,050	1,424	1,106
Tangible Book Value Per Share	4.34	4.38	3.02	3.07	4.16	3.23
Buildings	-	1,286	1,174	1,018	951.68	924.44
Machinery	-	1,915	1,739	124.38	1,254	1,183
Construction In Progress	-	871.31	453.09	635.52	371.47	152.8

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