SHA:603703 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	286.45	265.09	348.49	500.65	592.94	845.19
Trading Asset Securities	54	20	-	-	38.25	17.88
Cash & Short-Term Investments	340.45	285.09	348.49	500.65	631.2	863.07
Cash Growth	-9.60%	-18.19%	-30.39%	-20.68%	-26.87%	485.19%
Accounts Receivable	316.62	323.13	204.73	195.37	248.29	275.36
Other Receivables	4.94	4.97	7.74	4.74	19.79	9.99
Receivables	321.57	328.11	212.48	200.11	268.08	285.34
Inventory	396.8	335.29	315.57	332.5	312.26	288.51
Prepaid Expenses	-	2.63	2.94	2.06	0.84	2.37
Other Current Assets	20.43	14.18	12.44	12.33	8.28	15.24
Total Current Assets	1,079	965.29	891.92	1,048	1,221	1,455
Property, Plant & Equipment	534.57	537.98	558.12	553.98	431.68	369.75
Goodwill	155.19	155.19	175.98	163.63	163.63	163.63
Other Intangible Assets	90.73	95.49	101.34	102.74	106.25	111.51
Long-Term Deferred Tax Assets	62.5	56.97	46.67	37.43	30.57	26.04
Long-Term Deferred Charges	1.17	0.72	0.94	0.47	0.86	3.52
Other Long-Term Assets	33.42	3.55	16	17.47	27.54	25.21
Total Assets	1,957	1,815	1,791	1,923	1,981	2,154
Accounts Payable	161.95	138.56	169.39	227.98	207.17	179.97
Accrued Expenses	7.27	26.26	20.65	28.89	22.33	17.77
Short-Term Debt	604.55	646.19	450.63	554.72	447.9	517.9
Current Portion of Long-Term Debt	116.02	78.44	1.79	101.09	24.03	-
Current Portion of Leases	-	5.12	3.87	3.03	3.4	-
Current Income Taxes Payable	8.85	4.41	1.56	2.32	0.11	0.3
Current Unearned Revenue	3.14	5.76	8.04	5.99	6.52	5.37
Other Current Liabilities	69.88	66.76	34	37.46	60.86	63.35
Total Current Liabilities	971.66	971.5	689.93	961.49	772.31	784.66
Long-Term Debt	98	0.4	211.71	85.11	241.29	150.19
Long-Term Leases	2.19	3.44	4.42	6.56	9.89	-
Long-Term Unearned Revenue	12.43	1.79	0.58	0.75	0.93	1.11
Long-Term Deferred Tax Liabilities	10.44	11.02	11.79	12.56	13.33	16.25
Other Long-Term Liabilities	5.73	5.17	8.04	0.39	1.38	0.24
Total Liabilities	1,100	993.32	926.47	1,067	1,039	952.46
Common Stock	414.98	414.98	414.98	298.61	298.61	298.61
Additional Paid-In Capital	325.29	322.01	409.33	525.7	525.7	659.67
Retained Earnings	120.56	113.42	155.31	151.85	136.68	126.25
Treasury Stock	-35.86	-45.66	-133.48	-133.48	-30	-
Comprehensive Income & Other	2.4	-4.47	-1.29	-4.72	-5.29	-0.55
Total Common Equity	827.36	800.29	844.85	837.96	925.71	1,084
Minority Interest	29.02	21.59	19.65	18.55	16.34	117.75
Shareholders' Equity	856.38	821.88	864.51	856.51	942.05	1,202
Total Liabilities & Equity	1,957	1,815	1,791	1,923	1,981	2,154
Total Debt	820.76	733.59	672.42	750.52	726.5	668.1
Net Cash (Debt)	-480.31	-448.51	-323.93	-249.87	-95.31	194.98
Net Cash Per Share	-1.13	-1.09	-0.91	-0.65	-0.26	0.53
Filing Date Shares Outstanding	-	400.04	407.3	403.78	414.53	418.05
Total Common Shares Outstanding	-	400.04	407.3	403.78	414.53	418.05
Working Capital	107.59	-6.2	201.99	86.16	448.34	669.86
Book Value Per Share	-	2.00	2.07	2.08	2.23	2.59
Tangible Book Value	581.44	549.61	567.53	571.59	655.83	808.84
Tangible Book Value Per Share	-	1.37	1.39	1.42	1.58	1.93
Buildings	-	395.39	394.91	391.08	345.62	341.08
Machinery	-	335.14	297.37	284.68	264.28	245.38
Construction In Progress	-	3.12	1.4	11.47	38.23	13.16

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