SHA:603528 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	268.44	675.97	773.99	625.87	613.09	1,035
Trading Asset Securities	810.98	469.98	335.44	501.06	421.36	200.1
Cash & Short-Term Investments	1,079	1,146	1,109	1,127	1,034	1,235
Cash Growth	-4.41%	3.29%	-1.55%	8.94%	-16.26%	26.58%
Accounts Receivable	287.48	309.26	332.04	381.46	395.86	361.35
Other Receivables	17.26	23.86	33.23	42.32	29.77	14.76
Receivables	304.74	333.12	365.28	423.78	425.62	376.1
Inventory	124.5	129.38	193.02	250.34	227.12	250.5
Other Current Assets	24.53	20.69	16.46	15.94	31.8	28.64
Total Current Assets	1,533	1,629	1,684	1,817	1,719	1,891
Property, Plant & Equipment	378.75	408.7	463.29	590.89	681.05	411.45
Long-Term Investments	136.68	112.66	155.42	131.52	136.42	93.71
Goodwill	40.32	40.32	54.81	162.44	164.02	193.93
Other Intangible Assets	109.98	113.56	119.71	108.47	113.1	115.19
Long-Term Deferred Tax Assets	81.83	75.4	47.23	69.18	57.95	38.29
Long-Term Deferred Charges	40.88	46.53	55.39	73.16	63.23	50.14
Other Long-Term Assets	1.73	1.96	3.67	5.09	7.47	57.26
Total Assets	2,323	2,428	2,584	2,958	2,942	2,851
Accounts Payable	136.29	153.29	178.82	206.84	191.79	162.75
Accrued Expenses	44.35	65.53	70.31	75.36	59.68	57.17
Short-Term Debt	-	-	-	-	2.65	-
Current Portion of Long-Term Debt	-	-	-	1.05	2.84	-
Current Portion of Leases	12.77	18.15	24.57	35.16	32.13	-
Current Income Taxes Payable	19.47	5.22	5.29	15.91	6.55	6.9
Current Unearned Revenue	54.19	65.3	111.86	137.26	171.45	163.67
Other Current Liabilities	36.57	35.57	38.75	45.23	69.92	55.89
Total Current Liabilities	303.64	343.06	429.61	516.81	537.01	446.37
Long-Term Debt	-	-	-	568.02	538.16	507.36
Long-Term Leases	38.88	43.26	70.15	112.08	148.84	-
Long-Term Unearned Revenue	6.51	7.94	13.38	12.72	11.63	11.45
Long-Term Deferred Tax Liabilities	2.48	2.5	2.96	2.98	2.97	4.82
Other Long-Term Liabilities	-	-	-	6.53	5.92	7.2
Total Liabilities	351.52	396.76	516.1	1,219	1,245	977.19
Common Stock	705.93	705.93	705.93	624.12	626.53	626.78
Additional Paid-In Capital	872.31	872.31	868.41	202.86	210.88	201.53
Retained Earnings	353.02	407.87	401.55	677.15	626.18	822.74
Treasury Stock	-30.5	-30.5	-	-	-10.71	-11.85
Comprehensive Income & Other	-	-	-	132.87	132.88	132.9
Total Common Equity	1,901	1,956	1,976	1,637	1,586	1,772
Minority Interest	71.09	75.9	91.72	101.59	111.94	101.29
Shareholders' Equity	1,972	2,032	2,068	1,739	1,698	1,873
Total Liabilities & Equity	2,323	2,428	2,584	2,958	2,942	2,851
Total Debt	51.65	61.41	94.72	716.31	724.62	507.36
Net Cash (Debt)	1,028	1,085	1,015	410.62	309.83	728
Net Cash Growth	-2.37%	6.88%	147.12%	32.53%	-57.44%	-25.10%
Net Cash Per Share	1.47	1.54	1.63	0.66	0.50	1.17
Filing Date Shares Outstanding	700.94	700.94	705.93	624.12	622.64	620.04
Total Common Shares Outstanding	700.94	700.94	705.93	624.12	622.64	620.04
Working Capital	1,230	1,286	1,255	1,300	1,182	1,444
Book Value Per Share	2.71	2.79	2.80	2.62	2.55	2.86
Tangible Book Value	1,750	1,802	1,801	1,366	1,309	1,463
Tangible Book Value Per Share	2.50	2.57	2.55	2.19	2.10	2.36
Buildings	-	376.18	376.53	385.12	347.94	324.93
Machinery	-	285.48	304.48	322.26	304.06	213.35
Construction In Progress	-	28.7	7.71	12.89	63.45	46.69

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