SHA:603700 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	218.88	348.44	402.85	428	541.65	500
Trading Asset Securities	2.54	-	-	-	210.22	409.89
Cash & Short-Term Investments	221.42	348.44	402.85	428	751.88	909.89
Cash Growth	12.84%	-13.51%	-5.88%	-43.08%	-17.37%	6.61%
Accounts Receivable	936.76	817.53	798.73	773.57	684.54	564.7
Other Receivables	37.46	29.38	33.17	38.68	26.33	18.51
Receivables	974.21	846.9	831.89	812.25	710.86	583.21
Inventory	489.6	375.89	339.09	424.49	341.32	317.13
Prepaid Expenses	-	-	-	2.25	-	-
Other Current Assets	10.3	5.77	8.4	6.86	9.2	8.03
Total Current Assets	1,696	1,577	1,582	1,674	1,813	1,818
Property, Plant & Equipment	432.01	426.78	402.73	424.98	250.47	133.42
Long-Term Investments	107.65	103.04	102.18	104.29	41.17	6.33
Goodwill	-	-	-	-	0.46	-
Other Intangible Assets	39.95	42.22	45.05	44.67	45.48	45.6
Long-Term Accounts Receivable	0.1	57.19	63.91	45.58	37.03	25.64
Long-Term Deferred Tax Assets	35.44	28.43	20.02	12.86	12.2	8.33
Long-Term Deferred Charges	5.26	6.76	7.52	8.62	4.32	5.02
Other Long-Term Assets	79.47	37.02	52.02	35.57	16.6	17.32
Total Assets	2,395	2,278	2,276	2,350	2,221	2,060
Accounts Payable	626.01	560.71	508.74	589.99	484.84	372.79
Accrued Expenses	26.2	47.43	73.48	60.7	85.3	109.75
Short-Term Debt	22.08	-	5	86.07	2	10.01
Current Portion of Long-Term Debt	-	-	5	-	-	50.04
Current Portion of Leases	0.78	1.03	0.86	1.08	1.39	-
Current Income Taxes Payable	29.07	8.67	14.87	5.31	14.37	24.83
Current Unearned Revenue	34.39	30.51	32.31	46.07	18.87	12.63
Other Current Liabilities	9.79	10.3	12.75	15.5	7.94	16.12
Total Current Liabilities	748.32	658.64	653.01	804.71	614.71	596.16
Long-Term Leases	0.2	0.57	0.29	0.66	1.6	-
Long-Term Unearned Revenue	4.09	7	9.46	8.54	4.5	5.23
Long-Term Deferred Tax Liabilities	-	-	-	-	2.39	3.02
Other Long-Term Liabilities	14.72	7.35	3.78	3.97	1.45	1.45
Total Liabilities	767.33	673.56	666.53	817.89	624.65	605.86
Common Stock	201.7	203.24	203.24	203.24	203.24	203.24
Additional Paid-In Capital	456.48	468.2	498.41	497.52	494.12	510.68
Retained Earnings	958.62	923.19	930.15	857.69	892.89	738.81
Treasury Stock	-18.62	-20.45	-50.1	-50.1	-16.72	-19.99
Comprehensive Income & Other	31.08	31.79	28.32	24.91	22.77	19.88
Total Common Equity	1,629	1,606	1,610	1,533	1,596	1,453
Minority Interest	-1.16	-1.06	-0.89	-0.72	0.04	1.43
Shareholders' Equity	1,628	1,605	1,609	1,533	1,596	1,454
Total Liabilities & Equity	2,395	2,278	2,276	2,350	2,221	2,060
Total Debt	23.06	1.6	11.15	87.81	4.99	60.05
Net Cash (Debt)	198.37	346.85	391.7	340.19	746.89	849.84
Net Cash Growth	54.73%	-11.45%	15.14%	-54.45%	-12.11%	-0.43%
Net Cash Per Share	0.97	1.72	1.97	1.70	3.68	4.18
Filing Date Shares Outstanding	199.89	199.89	197.96	200.32	202.37	202.16
Total Common Shares Outstanding	199.89	199.89	200.32	200.32	202.37	202.52
Working Capital	947.22	918.37	929.22	869.14	1,199	1,222
Book Value Per Share	8.15	8.03	8.04	7.65	7.89	7.17
Tangible Book Value	1,589	1,564	1,565	1,489	1,550	1,407
Tangible Book Value Per Share	7.95	7.82	7.81	7.43	7.66	6.95
Buildings	-	382.96	350.9	357.81	82.63	80.51
Machinery	-	217.11	195.47	185.9	117.17	106.97
Construction In Progress	-	0.07	4.31	3.77	157.29	46.45

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