SHA:603529 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	2,611	2,914	6,667	6,633	2,846	1,249
Short-Term Investments	-	-	-	-	-	875.05
Trading Asset Securities	5,323	3,670	176.04	142.67	1,266	458.44
Cash & Short-Term Investments	7,934	6,584	6,843	6,776	4,112	2,583
Cash Growth	-3.55%	-3.79%	0.99%	64.78%	59.22%	-29.16%
Accounts Receivable	894.15	409.6	366.73	298.7	256.93	381.71
Other Receivables	27.2	27.67	15.69	28.05	150.07	85.52
Receivables	921.35	437.27	382.42	326.75	407	467.23
Inventory	781.26	810.75	575.34	810.51	795.69	494.75
Other Current Assets	4,877	2,401	1,785	3,619	192.35	140.85
Total Current Assets	14,514	10,233	9,586	11,533	5,507	3,685
Property, Plant & Equipment	7,068	5,765	3,210	2,161	2,119	1,815
Long-Term Investments	158.35	1,104	771.37	422.99	5,025	3,306
Goodwill	7.33	14.35	-	-	-	-
Other Intangible Assets	956.43	1,119	715.93	457.99	332.07	316.22
Long-Term Deferred Tax Assets	360.37	257.68	167.94	84.02	88.84	56.37
Long-Term Deferred Charges	63.62	40.64	39.33	43.9	29.39	11.8
Other Long-Term Assets	4,344	4,785	5,402	3,769	295.26	367.21
Total Assets	27,472	23,319	19,893	18,471	13,397	9,558
Accounts Payable	12,188	9,365	8,492	9,389	7,058	5,937
Accrued Expenses	265.95	383.22	262.65	251.91	185.06	93.55
Short-Term Debt	34.27	74.21	-	511.25	-	-
Current Portion of Long-Term Debt	14.48	8.33	5	-	-	-
Current Portion of Leases	-	22.42	12.57	5.68	5.92	-
Current Income Taxes Payable	208.93	105.89	124.82	134.65	47.39	19.96
Current Unearned Revenue	1,093	915.62	625.23	638.43	483.54	318.47
Other Current Liabilities	1,197	1,058	600.05	539.97	470.91	467.63
Total Current Liabilities	15,001	11,933	10,122	11,471	8,251	6,837
Long-Term Debt	1,822	1,747	1,645	-	-	-
Long-Term Leases	16.91	16.95	43.48	53.52	46.59	-
Long-Term Unearned Revenue	546.16	461.05	292.43	198.07	118.88	73.78
Long-Term Deferred Tax Liabilities	15.49	21.1	10.36	14.38	0.43	0.01
Total Liabilities	17,402	14,179	12,113	11,737	8,417	6,911
Common Stock	869.13	861.72	861.93	574.7	403.66	338.66
Additional Paid-In Capital	1,747	1,578	1,763	1,978	1,936	319.62
Retained Earnings	7,236	6,378	5,136	4,304	2,635	1,971
Treasury Stock	-333.71	-220.54	-481.51	-134.95	-	-
Comprehensive Income & Other	431.25	432.82	432.65	-	-	-
Total Common Equity	9,950	9,030	7,712	6,721	4,975	2,630
Minority Interest	120.66	110.02	68.03	13.15	4.94	18.08
Shareholders' Equity	10,070	9,140	7,780	6,734	4,980	2,648
Total Liabilities & Equity	27,472	23,319	19,893	18,471	13,397	9,558
Total Debt	1,888	1,869	1,706	570.45	52.51	-
Net Cash (Debt)	6,046	4,716	5,138	6,206	4,060	2,583
Net Cash Growth	-4.61%	-8.22%	-17.21%	52.86%	57.19%	-29.16%
Net Cash Per Share	6.83	5.36	5.79	7.31	5.21	3.64
Filing Date Shares Outstanding	847.81	860.97	847.79	862.05	861.92	711.19
Total Common Shares Outstanding	847.81	860.97	847.79	862.05	847.69	711.19
Working Capital	-487.15	-1,700	-535.78	61.61	-2,744	-3,151
Book Value Per Share	11.74	10.49	9.10	7.80	5.87	3.70
Tangible Book Value	8,986	7,896	6,996	6,263	4,643	2,314
Tangible Book Value Per Share	10.60	9.17	8.25	7.27	5.48	3.25
Buildings	-	3,324	1,961	1,952	1,908	1,768
Machinery	-	1,898	1,451	1,073	873.35	650.44
Construction In Progress	-	2,048	992.21	86.01	114.13	48

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