SHA:603681 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	951.64	904.89	1,154	1,872	981.19	1,230
Short-Term Investments	-	-	50.98	28.34	32.54	22.61
Trading Asset Securities	97.58	247.44	447.72	395.79	150.13	31.95
Cash & Short-Term Investments	1,049	1,152	1,653	2,296	1,164	1,285
Cash Growth	-14.18%	-30.28%	-28.01%	97.27%	-9.43%	125.48%
Accounts Receivable	1,288	1,164	849.86	690.39	588.96	299.31
Other Receivables	24.47	20.05	70.18	35.31	50.27	24.22
Receivables	1,312	1,184	920.04	725.7	639.24	323.53
Inventory	939.6	849.77	732.16	651.28	615.34	390.22
Other Current Assets	332.53	308.13	286.07	240.52	168.83	97.92
Total Current Assets	3,634	3,494	3,591	3,913	2,587	2,097
Property, Plant & Equipment	3,070	2,888	2,614	2,349	1,777	993.25
Long-Term Investments	11.32	6.93	9.2	9.6	9.83	-
Other Intangible Assets	92.91	93.68	94.9	96.71	87.37	51.7
Long-Term Deferred Tax Assets	52.9	47.35	48.7	22.32	14.51	8.15
Long-Term Deferred Charges	6.23	8.78	6.94	3.7	5.54	10.11
Other Long-Term Assets	131.17	78.36	121.06	61.72	224.33	235.23
Total Assets	6,999	6,617	6,486	6,457	4,706	3,395
Accounts Payable	761.41	724.64	740.84	674.8	583.54	349.73
Accrued Expenses	49.98	57.17	47.6	54.6	35.3	24.95
Short-Term Debt	1,430	1,093	1,120	1,231	866.52	772.56
Current Portion of Long-Term Debt	610.85	452.87	579.48	90.78	122.12	4.09
Current Portion of Leases	-	23.46	37.08	55.65	27.29	2.94
Current Income Taxes Payable	8.91	0.37	8.8	1.71	3.29	4.8
Current Unearned Revenue	48.37	51.86	51.05	36.86	35.27	31.31
Other Current Liabilities	4.15	6.29	16.73	16.98	2.8	6.06
Total Current Liabilities	2,913	2,410	2,602	2,163	1,676	1,196
Long-Term Debt	1,326	1,548	1,258	1,665	708.52	610.99
Long-Term Leases	29.45	9.91	29.72	66.59	30.62	2.3
Long-Term Unearned Revenue	69.25	73.4	74.73	72.36	49.11	23.43
Long-Term Deferred Tax Liabilities	8.22	7.86	7.9	4.74	4.81	5.1
Total Liabilities	4,346	4,049	3,972	3,972	2,469	1,838
Common Stock	191.13	191.13	191.13	191.13	191.13	166.59
Additional Paid-In Capital	1,165	1,160	1,163	1,162	1,157	664.73
Retained Earnings	1,330	1,246	1,110	1,066	876.51	684.32
Treasury Stock	-76.04	-74.6	-	-	-	-
Comprehensive Income & Other	40.6	45.8	49.83	51.24	-2.85	41.23
Total Common Equity	2,651	2,568	2,514	2,471	2,221	1,557
Minority Interest	1.7	-	-	14.52	15.01	-
Shareholders' Equity	2,653	2,568	2,514	2,485	2,236	1,557
Total Liabilities & Equity	6,999	6,617	6,486	6,457	4,706	3,395
Total Debt	3,396	3,128	3,024	3,110	1,755	1,393
Net Cash (Debt)	-2,347	-1,975	-1,372	-813.77	-591.22	-107.88
Net Cash Per Share	-11.56	-9.80	-7.13	-4.15	-3.15	-0.65
Filing Date Shares Outstanding	185.18	185.29	184.06	191.13	191.13	166.59
Total Common Shares Outstanding	185.18	185.29	191.13	191.13	191.13	166.59
Working Capital	720.62	1,084	989.57	1,751	911.13	900.25
Book Value Per Share	14.32	13.86	13.15	12.93	11.62	9.35
Tangible Book Value	2,558	2,475	2,419	2,374	2,134	1,505
Tangible Book Value Per Share	13.81	13.35	12.66	12.42	11.16	9.04
Buildings	-	1,058	918.12	707.51	394.07	188.34
Machinery	-	2,426	2,005	1,821	1,051	572.83
Construction In Progress	-	316.34	364.82	282.53	666	491.89

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