SHA:603712 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	525.02	422.67	999.05	894.02	413.65	798.17
Trading Asset Securities	235.32	640.07	300.52	440.25	501.3	80.13
Cash & Short-Term Investments	760.34	1,063	1,300	1,334	914.95	878.3
Cash Growth	3.56%	-18.22%	-2.60%	45.83%	4.17%	65.70%
Accounts Receivable	3,981	3,880	4,059	3,638	2,819	2,276
Other Receivables	42.88	43.15	40.33	65.24	50.64	27.01
Receivables	4,024	3,923	4,099	3,703	2,869	2,303
Inventory	2,694	2,569	3,077	3,455	3,650	2,813
Prepaid Expenses	-	0.62	4.71	18.13	33.15	1.6
Other Current Assets	85.21	116.18	122.18	267.78	76.28	53.53
Total Current Assets	7,564	7,671	8,603	8,778	7,544	6,049
Property, Plant & Equipment	625.85	680.17	709.79	737.19	733.88	580.84
Long-Term Investments	310.96	266.22	201.63	146.83	159.63	141.01
Other Intangible Assets	68.7	68.75	60.81	60.81	65.71	58.99
Long-Term Deferred Tax Assets	382.36	286.59	126.41	69.62	55.73	20.57
Long-Term Deferred Charges	2.48	4.89	8.04	8.32	5.02	15.09
Other Long-Term Assets	18.52	22.45	58.14	22.79	13.23	9.23
Total Assets	8,973	9,000	9,768	9,823	8,577	6,875
Accounts Payable	2,629	2,725	3,222	3,530	3,168	2,279
Accrued Expenses	10.32	56.4	66.11	101.38	119.74	100.92
Short-Term Debt	150.09	100.06	300.19	366.22	110	170
Current Portion of Long-Term Debt	217.84	234.59	4	-	100	-
Current Portion of Leases	-	10.9	10.71	12.98	16.45	-
Current Income Taxes Payable	13.24	2.54	0.97	4.95	9.39	0.21
Current Unearned Revenue	545.02	502.18	480.46	902.8	1,276	1,163
Other Current Liabilities	74.9	89.5	130.93	72.63	51.68	35.76
Total Current Liabilities	3,641	3,721	4,215	4,991	4,851	3,749
Long-Term Debt	979	742	746.51	400.3	-	100
Long-Term Leases	2.77	8.66	17.47	26.61	38.32	-
Long-Term Unearned Revenue	44.59	37.47	28.48	31.07	48.06	21.7
Long-Term Deferred Tax Liabilities	-	-	-	0.04	0.2	-
Other Long-Term Liabilities	0.11	0.1	-	-	-	-
Total Liabilities	4,667	4,509	5,008	5,449	4,938	3,871
Common Stock	772	772	772	772	772	772
Additional Paid-In Capital	918.2	918.2	918.2	916.96	939.55	934.83
Retained Earnings	2,472	2,678	2,973	2,618	1,921	1,297
Comprehensive Income & Other	11.83	9.14	5	-	-	-
Total Common Equity	4,174	4,377	4,668	4,307	3,632	3,004
Minority Interest	132.07	113.33	91.74	67.25	7.32	-
Shareholders' Equity	4,306	4,491	4,760	4,374	3,639	3,004
Total Liabilities & Equity	8,973	9,000	9,768	9,823	8,577	6,875
Total Debt	1,350	1,096	1,079	806.11	264.77	270
Net Cash (Debt)	-589.37	-33.47	220.69	528.16	650.18	608.3
Net Cash Growth	-	-	-58.22%	-18.77%	6.88%	912.83%
Net Cash Per Share	-0.70	-0.04	0.29	0.68	0.84	0.79
Filing Date Shares Outstanding	772	772	772	772	772	772
Total Common Shares Outstanding	772	772	772	772	772	772
Working Capital	3,924	3,950	4,388	3,787	2,693	2,300
Book Value Per Share	5.41	5.67	6.05	5.58	4.70	3.89
Tangible Book Value	4,105	4,309	4,608	4,246	3,566	2,945
Tangible Book Value Per Share	5.32	5.58	5.97	5.50	4.62	3.81
Buildings	-	654.47	625.76	612.3	612.3	564.42
Machinery	-	560.04	554.24	446.75	448.83	340.85
Construction In Progress	-	10.87	13.1	86.33	5.18	10.53

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