SHA:603648 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	237.33	326.12	211.86	203.38	257.19	242.37
Trading Asset Securities	160	-	60	250	555	480
Cash & Short-Term Investments	397.33	326.12	271.86	453.38	812.19	722.37
Cash Growth	106.49%	19.96%	-40.04%	-44.18%	12.43%	18.58%
Accounts Receivable	229.74	263.73	246.36	267.19	228.02	170.35
Other Receivables	223.1	180.35	65.06	39.35	37.92	23.02
Receivables	452.83	444.08	311.41	306.53	265.94	193.37
Inventory	19.22	22.03	69.33	50.61	38.77	41.24
Prepaid Expenses	-	-	-	0.01	-	-
Other Current Assets	35.72	207.49	34.4	22.07	46.61	96.44
Total Current Assets	905.1	999.72	687	832.6	1,164	1,053
Property, Plant & Equipment	1,005	1,056	1,145	891.63	912.29	665.75
Long-Term Investments	240.76	225.89	404.66	373.02	76.89	57.74
Goodwill	16.17	16.17	16.17	-	-	-
Other Intangible Assets	175.85	179.97	184.34	146.02	149.75	152.07
Long-Term Deferred Tax Assets	42.85	62.03	61.63	35.53	0.68	0.15
Long-Term Deferred Charges	9.54	9.37	8.97	10.26	12.66	17.58
Other Long-Term Assets	16.59	19.96	6.19	3.16	0.6	15.3
Total Assets	2,412	2,569	2,514	2,292	2,316	1,962
Accounts Payable	91.43	7.61	34.85	3.17	3.93	59.42
Accrued Expenses	43.97	146.31	146.16	154.36	139.9	70.64
Short-Term Debt	-	130.1	20.02	-	-	-
Current Portion of Leases	57	86.34	96.67	56.27	72.51	-
Current Income Taxes Payable	15.16	-	-	4.92	10.41	6.07
Current Unearned Revenue	4.16	5.42	7.75	8.61	17.21	25.7
Other Current Liabilities	113.93	78.37	74.67	44.05	40.06	43.23
Total Current Liabilities	325.65	454.15	380.12	271.37	284.02	205.06
Long-Term Debt	66.86	24.19	-	-	-	-
Long-Term Leases	127.83	160.7	208.93	147.91	203.03	-
Long-Term Unearned Revenue	7.26	6.94	7.33	7.73	8.13	8.58
Long-Term Deferred Tax Liabilities	35.33	56.35	57.48	31.56	-	-
Total Liabilities	562.95	702.33	653.86	458.57	495.18	213.64
Common Stock	362.41	362.41	362.41	362.41	368.67	368.67
Additional Paid-In Capital	855.43	855.43	855.43	856.98	906.02	905.61
Retained Earnings	611.66	629.12	625.07	598.79	545.44	466.29
Treasury Stock	-	-	-	-	-9.98	-
Comprehensive Income & Other	0.76	1.1	0.76	0.58	-0.3	-0.04
Total Common Equity	1,830	1,848	1,844	1,819	1,810	1,741
Minority Interest	18.3	19.07	16	14.9	11.35	7.82
Shareholders' Equity	1,849	1,867	1,860	1,834	1,821	1,748
Total Liabilities & Equity	2,412	2,569	2,514	2,292	2,316	1,962
Total Debt	251.69	401.32	325.61	204.18	275.54	-
Net Cash (Debt)	145.64	-75.2	-53.76	249.21	536.66	722.37
Net Cash Growth	-	-	-	-53.56%	-25.71%	18.58%
Net Cash Per Share	0.40	-0.21	-0.15	0.69	1.46	1.96
Filing Date Shares Outstanding	362.41	362.41	362.41	362.41	367.5	368.67
Total Common Shares Outstanding	362.41	362.41	362.41	362.41	367.5	368.67
Working Capital	579.44	545.58	306.89	561.23	879.49	848.36
Book Value Per Share	5.05	5.10	5.09	5.02	4.92	4.72
Tangible Book Value	1,638	1,652	1,643	1,673	1,660	1,588
Tangible Book Value Per Share	4.52	4.56	4.53	4.62	4.52	4.31
Buildings	-	912.6	906.08	692.19	692.19	691.93
Machinery	-	179.73	178.68	165.9	122.75	263.29
Construction In Progress	-	27.31	2.25	100.84	3.32	2.13

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