SHA:603657 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	578.29	478.82	472.08	542.4	434.03	373.53
Trading Asset Securities	-	-	-	0.32	0.58	-
Cash & Short-Term Investments	578.29	478.82	472.08	542.72	434.62	373.53
Cash Growth	25.23%	1.43%	-13.01%	24.87%	16.35%	-18.78%
Accounts Receivable	757.97	778.66	602.83	727.28	544.15	420.07
Other Receivables	21.66	63.94	29.96	15.36	15.04	7.27
Receivables	779.62	842.6	632.8	742.63	559.19	427.35
Inventory	436.74	359.49	267.1	298.3	244.49	108.7
Other Current Assets	88.4	11.38	12.48	13	11.11	4.89
Total Current Assets	1,883	1,692	1,384	1,597	1,249	914.46
Property, Plant & Equipment	604.85	477.42	468.01	470.59	382.42	249.13
Long-Term Investments	6.34	6.87	7.73	3.55	3.55	3.55
Goodwill	5.65	5.65	5.36	7.43	7.43	-
Other Intangible Assets	149.31	144.78	74.82	79.04	66.73	59.06
Long-Term Deferred Tax Assets	9.93	10.11	7.92	12.07	3.28	3.09
Long-Term Deferred Charges	4.53	9.22	4.68	6.21	6.92	4.29
Other Long-Term Assets	85.06	15.45	4.81	0.94	4.79	3.48
Total Assets	2,749	2,362	1,958	2,176	1,725	1,237
Accounts Payable	1,074	883.61	655.93	832.21	446.37	222.53
Accrued Expenses	38.65	50.9	42.29	57.89	39.91	31.34
Short-Term Debt	566.03	384.62	226.42	70.06	179.68	-
Current Portion of Long-Term Debt	61.48	30.03	-	-	-	-
Current Portion of Leases	-	13.34	10.72	10.36	6.06	-
Current Income Taxes Payable	9.04	4.98	3.36	9.19	3.98	10.24
Current Unearned Revenue	5.04	4.35	2.05	2.7	6.43	0.78
Other Current Liabilities	22.85	16.45	35.9	56.9	10.1	4.82
Total Current Liabilities	1,777	1,388	976.66	1,039	692.54	269.71
Long-Term Leases	12.76	12.59	16.32	25.21	13.04	0.08
Long-Term Unearned Revenue	9.72	8.23	5.96	6.59	3.02	3.11
Long-Term Deferred Tax Liabilities	1.76	2.68	1.61	3.2	3.23	2.4
Total Liabilities	1,801	1,412	1,001	1,074	711.83	275.3
Common Stock	135.19	136.45	137.63	137.11	134.4	134.4
Additional Paid-In Capital	384.5	398.53	415.59	516.85	479.79	479.79
Retained Earnings	435.23	435.06	433.46	449.15	391.86	348.63
Treasury Stock	-20.09	-35.38	-28.93	-32.26	-	-
Comprehensive Income & Other	8.06	4.84	-0.52	2.44	-6.98	-1.06
Total Common Equity	942.88	939.49	957.24	1,073	999.07	961.75
Minority Interest	4.64	10.52	-	28.86	13.63	-
Shareholders' Equity	947.52	950.01	957.24	1,102	1,013	961.75
Total Liabilities & Equity	2,749	2,362	1,958	2,176	1,725	1,237
Total Debt	640.26	440.58	253.47	105.63	198.78	0.08
Net Cash (Debt)	-61.97	38.24	218.62	437.08	235.84	373.45
Net Cash Growth	-	-82.51%	-49.98%	85.33%	-36.85%	-18.78%
Net Cash Per Share	-0.53	0.27	1.57	3.24	1.75	2.78
Filing Date Shares Outstanding	133.16	134.42	136.7	137.11	134.4	134.4
Total Common Shares Outstanding	133.16	134.42	136.7	137.11	134.4	134.4
Working Capital	106.09	304	407.79	557.33	556.87	644.75
Book Value Per Share	7.08	6.99	7.00	7.83	7.43	7.16
Tangible Book Value	787.92	789.05	877.05	986.82	924.9	902.7
Tangible Book Value Per Share	5.92	5.87	6.42	7.20	6.88	6.72
Buildings	-	312.89	311.42	297.99	188.53	120.29
Machinery	-	366.08	314.21	277.68	231.16	154.68
Construction In Progress	-	13.12	4.55	4.4	52.2	59.26

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