SHA:603687 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	1,071	1,093	1,558	845.32	942.62	861.82
Short-Term Investments	-	-	-	-	-	152.2
Trading Asset Securities	7.68	33.25	0.6	0.6	-	120
Cash & Short-Term Investments	1,079	1,126	1,559	845.92	942.62	1,134
Cash Growth	-18.45%	-27.75%	84.29%	-10.26%	-16.88%	277.71%
Accounts Receivable	598.69	650.15	596.32	590.83	517.38	406.39
Other Receivables	15.6	16.43	19.71	12.93	9.96	6.59
Receivables	614.29	666.58	616.03	603.76	527.33	412.98
Inventory	384.85	388.6	259.57	266.68	195.24	188.58
Prepaid Expenses	-	-	-	1.14	-	-
Other Current Assets	112.62	101.65	89.66	37.18	47.93	44.06
Total Current Assets	2,190	2,283	2,524	1,755	1,713	1,780
Property, Plant & Equipment	1,243	1,279	1,264	1,013	785.78	726.03
Long-Term Investments	135.95	130.99	32	32	174.24	149.25
Goodwill	397.53	397.53	258.34	258.34	4.04	4.04
Other Intangible Assets	267.33	278.03	260.28	274.6	197.15	189.06
Long-Term Deferred Tax Assets	9.97	11	13.14	10.04	7.31	5.19
Long-Term Deferred Charges	16.42	16.8	19.79	23.55	19.6	20.94
Other Long-Term Assets	78.41	67.1	15.14	76.74	0.72	6.93
Total Assets	4,339	4,463	4,387	3,443	2,902	2,881
Accounts Payable	338.93	375	468.15	378.78	265.06	288.46
Accrued Expenses	39.45	85.14	73.69	75.46	45.84	41.61
Short-Term Debt	-	-	59.81	14.9	-	80.04
Current Portion of Long-Term Debt	-	-	10.01	-	-	-
Current Portion of Leases	9.94	8.46	3.8	11.58	-	-
Current Income Taxes Payable	47.58	17.52	12.61	21.12	54.03	51.13
Current Unearned Revenue	256.64	218.95	2.73	4.57	2.52	2.73
Other Current Liabilities	15.82	49.96	37.88	35.79	4	2.24
Total Current Liabilities	708.36	755.02	668.68	542.2	371.46	466.21
Long-Term Debt	-	-	17	482.18	464.29	461.92
Long-Term Leases	24.56	28.51	24.33	28.43	34.83	-
Long-Term Unearned Revenue	104.69	109.35	115.91	95.89	97.91	123.72
Long-Term Deferred Tax Liabilities	28.46	30.02	33.65	33.37	14.5	15.92
Total Liabilities	866.06	922.9	859.57	1,182	982.99	1,068
Common Stock	550.03	550.03	550.03	419.47	414.41	410.83
Additional Paid-In Capital	1,738	1,792	1,801	736.59	693.45	662.82
Retained Earnings	1,024	965.35	885.66	807.38	712.11	642.5
Treasury Stock	-50.1	-50.1	-	-	-	-
Comprehensive Income & Other	-3.58	1.72	-0.12	78.23	85.79	90.92
Total Common Equity	3,259	3,259	3,237	2,042	1,906	1,807
Minority Interest	213.98	281.46	290.64	219.55	13.23	6.25
Shareholders' Equity	3,473	3,540	3,528	2,261	1,919	1,813
Total Liabilities & Equity	4,339	4,463	4,387	3,443	2,902	2,881
Total Debt	34.5	36.97	114.95	537.09	499.12	541.96
Net Cash (Debt)	1,044	1,089	1,444	308.83	443.5	592.07
Net Cash Growth	-18.31%	-24.56%	367.58%	-30.36%	-25.09%	211.98%
Net Cash Per Share	1.91	1.95	3.26	0.73	1.09	1.44
Filing Date Shares Outstanding	545.19	545.19	550.03	419.47	419.1	410.83
Total Common Shares Outstanding	545.19	545.19	550.03	419.47	414.41	410.83
Working Capital	1,482	1,528	1,856	1,212	1,342	1,313
Book Value Per Share	5.98	5.98	5.89	4.87	4.60	4.40
Tangible Book Value	2,594	2,583	2,718	1,509	1,705	1,614
Tangible Book Value Per Share	4.76	4.74	4.94	3.60	4.11	3.93
Buildings	-	635.85	654.43	582.24	411.11	369.76
Machinery	-	1,271	1,183	1,094	679.24	617.03
Construction In Progress	-	253.6	217.77	43.34	5.74	21.01

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