SHA:603701 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	93.27	171.98	73.31	75.81	125.64	98.61
Short-Term Investments	-	-	-	10	9.9	-
Trading Asset Securities	22.22	73.48	64.71	81	65.6	-
Cash & Short-Term Investments	115.5	245.46	138.02	166.8	201.13	98.61
Cash Growth	-19.32%	77.84%	-17.26%	-17.07%	103.97%	-62.30%
Accounts Receivable	424.7	329.93	313.14	234.28	219.56	280.21
Other Receivables	0.18	0.23	4.76	0.76	1.69	0.32
Receivables	424.88	330.17	317.9	235.04	221.25	280.53
Inventory	198.48	180.09	177.66	131.64	128.12	105.8
Other Current Assets	48.19	14.86	58	1.2	2.03	94.58
Total Current Assets	787.04	770.57	691.58	534.69	552.54	579.52
Property, Plant & Equipment	444.38	307.19	272.82	265.86	274.86	280.44
Long-Term Investments	58.08	58.08	19.28	67.78	49	49.08
Goodwill	54.36	54.36	54.36	54.36	-	-
Other Intangible Assets	25.87	27	30.43	30.59	30.99	30.85
Long-Term Deferred Tax Assets	27.95	26.73	19.57	13.12	8.24	6.71
Long-Term Deferred Charges	2.01	2.42	3.04	1.47	1.7	0.51
Other Long-Term Assets	34.49	36.31	45.78	47.51	41.36	44.92
Total Assets	1,434	1,283	1,137	1,015	958.69	992.03
Accounts Payable	325.07	249.3	205.06	147.17	130.16	166.95
Accrued Expenses	9.21	23.06	21.85	18.74	18.9	14.31
Short-Term Debt	75.02	71.04	-	4.73	-	9.14
Current Portion of Long-Term Debt	69.55	20.02	-	-	-	-
Current Portion of Leases	-	0.23	0.45	0.64	-	-
Current Income Taxes Payable	7.24	3.61	3.45	3.61	-	1.11
Current Unearned Revenue	3.46	1.71	2.52	2.43	3.11	2.47
Other Current Liabilities	10.13	23.17	64.2	25.21	12.44	29.6
Total Current Liabilities	499.68	392.14	297.52	202.52	164.62	223.58
Long-Term Debt	50.03	-	-	-	-	-
Long-Term Leases	-	-	0.23	0.69	-	-
Long-Term Unearned Revenue	11.93	13.11	13.58	15.32	15.99	17.65
Long-Term Deferred Tax Liabilities	15.08	18.26	13.33	11.41	9.84	7.34
Other Long-Term Liabilities	24.81	24.66	22.98	21.12	23.86	24.15
Total Liabilities	601.53	448.18	347.64	251.06	214.3	272.73
Common Stock	261.36	261.36	261.36	261.36	261.36	262.69
Additional Paid-In Capital	111.21	111.05	111.05	111.05	111.05	117.59
Retained Earnings	430.15	429.54	389.95	369.99	371.98	345.43
Treasury Stock	-	-	-	-	-	-6.6
Total Common Equity	802.72	801.95	762.35	742.39	744.39	719.11
Minority Interest	29.91	32.53	26.85	21.92	-	0.19
Shareholders' Equity	832.64	834.48	789.2	764.32	744.39	719.31
Total Liabilities & Equity	1,434	1,283	1,137	1,015	958.69	992.03
Total Debt	194.6	91.29	0.68	6.06	-	9.14
Net Cash (Debt)	-79.1	154.16	137.34	160.74	201.13	89.47
Net Cash Growth	-	12.25%	-14.56%	-20.08%	124.81%	-64.58%
Net Cash Per Share	-0.28	0.60	0.55	0.58	0.78	0.35
Filing Date Shares Outstanding	261.36	261.36	261.36	261.36	261.36	262.69
Total Common Shares Outstanding	261.36	261.36	261.36	261.36	261.36	262.69
Working Capital	287.35	378.43	394.06	332.17	387.92	355.94
Book Value Per Share	3.07	3.07	2.92	2.84	2.85	2.74
Tangible Book Value	722.49	720.59	677.57	657.44	713.4	688.27
Tangible Book Value Per Share	2.76	2.76	2.59	2.52	2.73	2.62
Buildings	-	264.48	260.97	258.93	259.3	257.95
Machinery	-	156.03	133.87	124.98	116.13	109.09
Construction In Progress	-	34.91	8.03	2.67	2.29	1.09

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