SHA:603689 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	580.81	518.42	718.91	745.05	861.25	524.96
Trading Asset Securities	55.08	100.16	401.44	400.6	850.85	19
Cash & Short-Term Investments	635.89	618.58	1,120	1,146	1,712	543.96
Cash Growth	-39.79%	-44.79%	-2.21%	-33.09%	214.75%	30.87%
Accounts Receivable	168.66	131.83	99.68	139.98	179.38	125.67
Other Receivables	13.63	22.87	14.02	14.69	8.41	5.74
Receivables	182.29	154.71	113.7	154.67	189.78	133.41
Inventory	41.56	44.43	40.97	37.99	34.72	35.73
Prepaid Expenses	-	0.15	2.95	2.28	1.88	0
Other Current Assets	210.63	247.88	238.42	222.77	140.1	208.56
Total Current Assets	1,070	1,066	1,516	1,563	2,079	921.65
Property, Plant & Equipment	4,070	3,980	3,509	3,060	2,465	2,349
Long-Term Investments	1,910	1,902	1,558	1,229	194.96	113.38
Goodwill	2.46	2.46	2.46	2.46	0.08	0.08
Other Intangible Assets	369.16	369.55	335.94	257.09	159.91	168.81
Long-Term Deferred Tax Assets	8.63	10.48	7.15	2.36	3.44	2.77
Long-Term Deferred Charges	1.5	1.29	0.96	1.18	1.12	0.86
Other Long-Term Assets	135.86	115.01	71.25	127.64	266.33	133.96
Total Assets	7,568	7,446	7,001	6,243	5,170	3,691
Accounts Payable	269.6	344.79	313.26	252.32	206.57	195.87
Accrued Expenses	11.69	29.08	25.34	20.31	15.24	15.34
Short-Term Debt	300.39	100.07	110.07	220	342.62	65.06
Current Portion of Long-Term Debt	69.83	657.93	83.23	52.24	55.77	29.47
Current Portion of Leases	-	2.32	2.52	6.13	4.95	-
Current Income Taxes Payable	29.73	35.87	22.97	18.49	22.91	27.02
Current Unearned Revenue	237.48	255.29	225.07	191.26	219.99	174.12
Other Current Liabilities	668	244.04	225.67	182.81	97.63	80.56
Total Current Liabilities	1,587	1,669	1,008	943.55	965.68	587.44
Long-Term Debt	1,992	1,861	2,427	2,051	1,350	457.33
Long-Term Leases	4.68	4.93	3.2	4.89	6.26	-
Long-Term Unearned Revenue	27.23	18.59	11.2	9.98	5.09	5.16
Long-Term Deferred Tax Liabilities	0.53	0.5	0.32	0.77	2.53	3.01
Other Long-Term Liabilities	-	-	-	-	1.35	-
Total Liabilities	3,611	3,554	3,450	3,010	2,331	1,053
Common Stock	490.19	490.48	478.27	470.4	336	336
Additional Paid-In Capital	985.47	983.9	896.55	915.59	993.86	993.64
Retained Earnings	1,798	1,728	1,563	1,313	1,122	979.25
Treasury Stock	-19.13	-32.35	-36.03	-	-	-
Comprehensive Income & Other	134.41	129.91	139.17	126.4	118.99	39.44
Total Common Equity	3,389	3,300	3,041	2,825	2,571	2,348
Minority Interest	568.23	591.89	510.73	407.51	268.2	289.42
Shareholders' Equity	3,957	3,892	3,552	3,233	2,839	2,638
Total Liabilities & Equity	7,568	7,446	7,001	6,243	5,170	3,691
Total Debt	2,366	2,626	2,626	2,334	1,759	551.86
Net Cash (Debt)	-1,731	-2,007	-1,506	-1,188	-47.35	-7.91
Net Cash Per Share	-2.94	-3.38	-2.58	-2.10	-0.10	-0.02
Filing Date Shares Outstanding	490.19	490.48	478.27	470.4	470.4	470.4
Total Common Shares Outstanding	490.19	490.48	478.27	470.4	470.4	470.4
Working Capital	-516.36	-603.64	508.28	619.81	1,113	334.21
Book Value Per Share	6.91	6.73	6.36	6.01	5.46	4.99
Tangible Book Value	3,017	2,928	2,702	2,566	2,411	2,179
Tangible Book Value Per Share	6.16	5.97	5.65	5.45	5.12	4.63
Buildings	-	798.59	485.38	384.5	362.07	334.32
Machinery	-	605.59	492.97	388	364.73	346.91
Construction In Progress	-	591.77	486.62	802.59	232.61	367.01

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