SHA:603711 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	2,103	2,485	2,711	2,467	2,163	1,394
Short-Term Investments	-	-	46.2	-	-	1
Trading Asset Securities	424.12	179.4	231.82	185.51	246.75	858.57
Cash & Short-Term Investments	2,527	2,665	2,989	2,653	2,410	2,254
Cash Growth	-4.81%	-10.85%	12.68%	10.09%	6.92%	36.40%
Accounts Receivable	33.98	55.26	57.73	53.96	35.07	26.35
Other Receivables	6.31	26.25	22.71	22.12	61.97	100.12
Receivables	40.29	81.51	80.45	76.08	97.04	126.47
Inventory	184.26	186.18	161.92	171.62	156.54	154.06
Other Current Assets	83.66	62.44	43.65	65.27	203.09	149.3
Total Current Assets	2,835	2,995	3,275	2,966	2,866	2,684
Property, Plant & Equipment	1,324	1,408	1,547	1,648	1,767	1,612
Long-Term Investments	57.44	58.72	63.08	45.57	31.1	29.09
Other Intangible Assets	174.96	177.04	189.47	194.25	196.66	199.78
Long-Term Deferred Tax Assets	166.66	104.82	97.66	94.82	76.06	72.07
Long-Term Deferred Charges	1.46	1.16	1.02	2.81	4.25	19.15
Other Long-Term Assets	163.05	128.5	62.09	92.62	69.51	122.07
Total Assets	4,723	4,873	5,235	5,044	5,011	4,738
Accounts Payable	294.56	271.61	413.79	493.72	345.55	382.51
Accrued Expenses	56.1	90.47	113.31	133.46	192.65	260.59
Short-Term Debt	754.2	674	1,007	921	1,219	798
Current Portion of Leases	1.58	1.95	7.23	2.57	6.85	-
Current Income Taxes Payable	31.23	36.43	35.64	64.36	26.45	66.55
Current Unearned Revenue	173.16	185.29	168.17	188.66	99.44	169.2
Other Current Liabilities	34.35	32.61	40.56	36.31	53.79	142.13
Total Current Liabilities	1,345	1,292	1,786	1,840	1,944	1,819
Long-Term Leases	-	1.04	10.14	1.4	-	-
Long-Term Unearned Revenue	65.4	72.45	74.03	72.24	73.98	63.67
Long-Term Deferred Tax Liabilities	10.91	13.9	14.16	5.92	13.55	16.82
Total Liabilities	1,421	1,380	1,884	1,920	2,032	1,899
Common Stock	412.87	412.26	410.75	410.75	415.11	418.17
Additional Paid-In Capital	680.21	680.2	646.08	633.06	662.69	704.04
Retained Earnings	2,210	2,402	2,293	2,078	1,930	1,831
Treasury Stock	-	-	-	-	-30.79	-114.7
Total Common Equity	3,303	3,494	3,349	3,122	2,977	2,838
Minority Interest	-1.34	-0.93	2.01	2.53	2.23	-
Shareholders' Equity	3,301	3,494	3,351	3,124	2,980	2,838
Total Liabilities & Equity	4,723	4,873	5,235	5,044	5,011	4,738
Total Debt	755.78	676.99	1,024	924.97	1,226	798
Net Cash (Debt)	1,771	1,988	1,965	1,728	1,183	1,456
Net Cash Growth	3.99%	1.17%	13.71%	46.01%	-18.71%	-11.89%
Net Cash Per Share	4.66	4.87	4.77	4.20	2.82	3.57
Filing Date Shares Outstanding	412.87	412.68	410.75	410.75	366.4	294.19
Total Common Shares Outstanding	412.87	412.26	410.75	410.75	366.4	294.19
Working Capital	1,490	1,703	1,490	1,126	922.27	864.66
Book Value Per Share	8.00	8.48	8.15	7.60	8.13	9.65
Tangible Book Value	3,128	3,317	3,160	2,928	2,781	2,639
Tangible Book Value Per Share	7.58	8.05	7.69	7.13	7.59	8.97
Buildings	-	1,112	1,110	1,070	1,096	705.75
Machinery	-	1,357	1,331	1,296	1,178	959.63
Construction In Progress	-	53.9	53.92	68.99	121.53	449.9

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