SHA:603569 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	887.68	635.52	608.78	612.04	837.79	949.46
Trading Asset Securities	-	0.47	0.59	0.85	1.26	-
Cash & Short-Term Investments	887.68	635.99	609.38	612.88	839.06	949.46
Cash Growth	61.09%	4.37%	-0.57%	-26.96%	-11.63%	-39.94%
Accounts Receivable	1,481	1,459	1,422	1,665	1,593	1,540
Other Receivables	233.48	160.4	143.97	128.15	199.1	131.98
Receivables	1,714	1,619	1,566	1,793	1,792	1,672
Inventory	81.67	136.23	112.18	57.04	11.69	4.56
Prepaid Expenses	-	-	-	6.5	-	-
Other Current Assets	195.62	190.55	150.12	174.6	207.28	200.49
Total Current Assets	2,879	2,582	2,438	2,644	2,850	2,826
Property, Plant & Equipment	1,791	2,032	1,789	1,494	1,469	1,321
Long-Term Investments	628.35	585.65	562.71	478.43	446.39	367.09
Goodwill	50.49	50.49	50.49	7.08	7.08	7.08
Other Intangible Assets	441.47	506.72	549.47	541.92	541.71	511.28
Long-Term Accounts Receivable	4.52	3.72	-	-	-	-
Long-Term Deferred Tax Assets	209.92	182.6	161.81	120.61	95.81	85.5
Long-Term Deferred Charges	27.38	29.71	18.69	6.61	10.88	17.73
Other Long-Term Assets	85.42	86.07	92.41	132.37	173.35	164.99
Total Assets	6,118	6,059	5,662	5,425	5,594	5,301
Accounts Payable	686.98	675.7	581.28	626.03	786.8	762.66
Accrued Expenses	5.45	41.14	42.94	46.65	49.62	74.48
Short-Term Debt	1,093	995.65	939.5	1,035	956.94	722.5
Current Portion of Long-Term Debt	151.38	146.13	47.61	5.36	3.4	-
Current Portion of Leases	-	13.5	11.22	77.99	173.23	-
Current Income Taxes Payable	17.81	4.88	8.18	16.52	7.16	9.72
Current Unearned Revenue	39.63	40.32	20.48	21.99	20.79	21.4
Other Current Liabilities	274.1	215.39	217.07	315.01	281.49	371.85
Total Current Liabilities	2,268	2,133	1,868	2,144	2,279	1,963
Long-Term Debt	484.51	619	530.7	660.19	612.24	545.55
Long-Term Leases	24.4	39.33	26.85	22.09	105.14	232.01
Long-Term Unearned Revenue	10.13	10.42	11.24	11.18	11.38	5.01
Long-Term Deferred Tax Liabilities	3.29	3.46	3.85	3.28	23.51	12.59
Other Long-Term Liabilities	11.07	6.89	4.69	0.64	0.11	0.46
Total Liabilities	2,802	2,812	2,446	2,842	3,032	2,758
Common Stock	603.51	603.51	603.47	560.35	560.28	560.28
Additional Paid-In Capital	994.2	994.2	912.36	371	385.53	385.07
Retained Earnings	1,366	1,348	1,310	1,255	1,237	1,207
Comprehensive Income & Other	36.73	10.27	117.06	201.4	198.54	211.25
Total Common Equity	3,000	2,956	2,943	2,388	2,382	2,363
Minority Interest	315.82	291.41	273.7	194.99	180.56	179.41
Shareholders' Equity	3,316	3,247	3,217	2,583	2,562	2,543
Total Liabilities & Equity	6,118	6,059	5,662	5,425	5,594	5,301
Total Debt	1,753	1,814	1,556	1,800	1,851	1,500
Net Cash (Debt)	-865.69	-1,178	-946.49	-1,187	-1,012	-550.6
Net Cash Per Share	-1.33	-1.92	-1.61	-1.98	-1.76	-0.92
Filing Date Shares Outstanding	603.51	603.51	603.47	560.35	560.28	560.28
Total Common Shares Outstanding	603.51	603.51	603.47	560.35	560.28	560.28
Working Capital	610.65	449.01	569.24	499.7	570.61	863.71
Book Value Per Share	4.97	4.90	4.88	4.26	4.25	4.22
Tangible Book Value	2,508	2,398	2,343	1,839	1,833	1,845
Tangible Book Value Per Share	4.16	3.97	3.88	3.28	3.27	3.29
Buildings	-	847.79	818.23	817.01	551.41	-
Machinery	-	2,304	1,837	598.7	591.75	-
Construction In Progress	-	17.67	47.2	48.07	105.66	-

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