SHA:603669 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	172.79	254.09	343.42	575.76	986.94	1,567
Trading Asset Securities	18.53	31.22	390.59	389.51	579.13	180
Cash & Short-Term Investments	191.32	285.31	734.01	965.28	1,566	1,747
Cash Growth	-42.46%	-61.13%	-23.96%	-38.36%	-10.36%	101.55%
Accounts Receivable	295.84	243.2	65.6	92.21	124.89	172.17
Other Receivables	3.28	4.69	2.18	3.53	7.71	9.73
Receivables	299.12	247.89	67.78	95.74	132.61	181.9
Inventory	57.12	27.88	56.77	49.14	51.67	69.06
Other Current Assets	27.71	25.53	22.97	21.89	37.95	40.87
Total Current Assets	575.27	586.61	881.53	1,132	1,788	2,039
Property, Plant & Equipment	448.99	469.67	505.35	496.32	484.53	465.47
Long-Term Investments	61.68	75.67	100.87	77.8	66.67	63.05
Goodwill	-	-	-	-	2.03	2.03
Other Intangible Assets	95.72	100.9	108.44	115.79	124.1	102.7
Long-Term Deferred Tax Assets	-	-	2.2	0.21	6.83	4.12
Long-Term Deferred Charges	12.26	14.23	17.15	20.1	23.92	26.5
Other Long-Term Assets	7.31	8.25	9.02	13.22	18	13.52
Total Assets	1,201	1,255	1,625	1,855	2,514	2,716
Accounts Payable	103.83	89.13	85.5	49.26	48.53	39.02
Accrued Expenses	2.25	22.06	11.95	14.6	25.25	65.4
Short-Term Debt	5	-	117.41	205.24	460.29	389.75
Current Portion of Long-Term Debt	2.36	0.42	0.38	-	85.06	-
Current Portion of Leases	-	1.77	2.64	1.14	3.19	-
Current Income Taxes Payable	13.63	0.03	0.31	0.02	1.28	11.58
Current Unearned Revenue	8.57	6.88	10.48	8.84	6.61	11.18
Other Current Liabilities	49.34	99.03	14.44	23.33	18.64	214.65
Total Current Liabilities	184.99	219.31	243.11	302.42	648.85	731.57
Long-Term Debt	273.21	257.99	439.34	412.52	385.91	497.54
Long-Term Leases	4.07	4.07	5.84	1.07	14.77	-
Long-Term Unearned Revenue	2.22	2.41	2.8	4.09	5.81	7.22
Long-Term Deferred Tax Liabilities	1.43	1.78	2.42	0.74	0.19	-
Total Liabilities	465.93	485.57	693.52	720.84	1,056	1,236
Common Stock	721.24	721.24	721.24	721.24	721.23	713.44
Additional Paid-In Capital	262.69	262.65	255.64	255.63	255.54	193.81
Retained Earnings	-196.83	-162.32	-31.56	119.94	387.95	464.73
Treasury Stock	-110.02	-110.02	-108.37	-56.26	-	-
Comprehensive Income & Other	58.21	58.21	94.09	94.09	94.11	107.89
Shareholders' Equity	735.3	769.76	931.04	1,135	1,459	1,480
Total Liabilities & Equity	1,201	1,255	1,625	1,855	2,514	2,716
Total Debt	284.64	264.26	565.61	619.97	949.22	887.29
Net Cash (Debt)	-93.32	21.05	168.4	345.3	616.84	859.69
Net Cash Growth	-	-87.50%	-51.23%	-44.02%	-28.25%	39.40%
Net Cash Per Share	-0.13	0.03	0.23	0.48	0.86	1.13
Filing Date Shares Outstanding	703.54	703.54	703.83	721.24	721.23	713.44
Total Common Shares Outstanding	703.54	703.54	703.83	721.24	721.23	713.44
Working Capital	390.28	367.3	638.42	829.62	1,139	1,307
Book Value Per Share	1.05	1.09	1.32	1.57	2.02	2.07
Tangible Book Value	639.58	668.86	822.61	1,019	1,333	1,375
Tangible Book Value Per Share	0.91	0.95	1.17	1.41	1.85	1.93
Buildings	-	374.09	378.47	369.78	316.92	320.8
Machinery	-	162.03	187.09	191.33	197.49	189.79
Construction In Progress	-	228.22	220.06	190.18	187.96	159.3

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