SHA:603706 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	95.2	389.17	512.33	389.09	326.01	669.25
Short-Term Investments	-	53.77	-	-	-	-
Trading Asset Securities	799.62	641.91	513.52	406.55	549.12	233.9
Cash & Short-Term Investments	894.82	1,085	1,026	795.64	875.14	903.15
Cash Growth	9.41%	5.75%	28.93%	-9.08%	-3.10%	115.41%
Accounts Receivable	101.54	188.86	300.89	272.86	131.67	157.04
Other Receivables	34.78	60.77	59.46	61.74	45.75	59.71
Receivables	136.32	249.64	360.35	334.6	177.43	216.75
Inventory	149.35	165.98	245.52	100.2	75.96	44.52
Other Current Assets	66.94	5.72	2.05	6.3	45.26	47.8
Total Current Assets	1,247	1,506	1,634	1,237	1,174	1,212
Property, Plant & Equipment	877.21	938.65	926.99	1,074	1,104	1,147
Long-Term Investments	18.42	17.66	70.92	68.59	18.14	17.5
Goodwill	135.6	135.6	135.6	135.6	135.6	135.6
Other Intangible Assets	102.87	105.81	100.22	99.92	117.3	119.95
Long-Term Deferred Tax Assets	22.63	25.09	24.44	18.28	14.78	13.99
Long-Term Deferred Charges	3.43	3.53	3.63	1.04	1.38	0.51
Other Long-Term Assets	181.57	185.75	25.87	27.69	11.76	12.08
Total Assets	2,589	2,918	2,921	2,661	2,577	2,659
Accounts Payable	144.89	107.88	95.6	111.75	41.98	31
Accrued Expenses	8.73	75.56	81.13	64.89	56.52	57.56
Short-Term Debt	-	-	-	-	5.01	41.85
Current Portion of Long-Term Debt	14.75	23.35	41.93	-	-	-
Current Portion of Leases	-	1.56	0.37	1.08	0.64	-
Current Income Taxes Payable	9.84	18.75	20.76	15.74	18.67	9.21
Current Unearned Revenue	457.43	568.3	624.24	376.84	342.34	281.36
Other Current Liabilities	31.59	166.27	104.85	101.93	66.08	50.92
Total Current Liabilities	667.22	961.67	968.89	672.23	531.23	471.9
Long-Term Debt	103.96	111.58	136.37	219.9	253.71	360.43
Long-Term Leases	1.32	2.1	2.12	0.58	1.25	-
Long-Term Unearned Revenue	16.52	19.22	21.85	25.52	29.02	89.98
Long-Term Deferred Tax Liabilities	11	16	22.62	28.85	34.74	42.44
Total Liabilities	800.02	1,111	1,152	947.08	849.96	964.75
Common Stock	189.38	189.38	189.38	189.38	189.38	189.38
Additional Paid-In Capital	925.24	925.24	925.24	925.24	925.24	925.24
Retained Earnings	501.28	533.52	506.49	441.66	456.06	413.88
Comprehensive Income & Other	43.75	38.61	28.09	22.25	17.76	16.02
Total Common Equity	1,660	1,687	1,649	1,579	1,588	1,545
Minority Interest	129.49	120.96	120.4	135.84	138.24	149.57
Shareholders' Equity	1,789	1,808	1,770	1,714	1,727	1,694
Total Liabilities & Equity	2,589	2,918	2,921	2,661	2,577	2,659
Total Debt	120.03	138.59	180.79	221.56	260.61	402.28
Net Cash (Debt)	774.79	946.26	845.06	574.09	614.52	500.87
Net Cash Growth	18.04%	11.98%	47.20%	-6.58%	22.69%	19.46%
Net Cash Per Share	4.09	4.98	4.45	3.02	3.23	3.11
Filing Date Shares Outstanding	189.38	189.38	189.38	189.38	189.38	189.38
Total Common Shares Outstanding	189.38	189.38	189.38	189.38	189.38	189.38
Working Capital	580.22	544.51	664.88	564.51	642.56	740.32
Book Value Per Share	8.76	8.91	8.71	8.34	8.39	8.16
Tangible Book Value	1,421	1,445	1,413	1,343	1,336	1,289
Tangible Book Value Per Share	7.50	7.63	7.46	7.09	7.05	6.81
Buildings	-	292.47	265.41	256.85	241.23	253.68
Machinery	-	2,330	2,231	2,222	2,048	1,911
Construction In Progress	-	26.65	9.64	25.49	102.7	96.56

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