SHA:603788 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	274.12	96.47	601.16	572.19	900.13	1,024
Short-Term Investments	127.35	206.2	-	-	-	-
Trading Asset Securities	257.13	467.2	318.61	531.88	387.74	281.44
Cash & Short-Term Investments	658.6	769.87	919.78	1,104	1,288	1,305
Cash Growth	-2.65%	-16.30%	-16.69%	-14.27%	-1.35%	-4.98%
Accounts Receivable	825.85	703.42	668.3	457.65	426.05	480.2
Other Receivables	3.24	4.47	7.53	7.09	3.23	0.5
Receivables	829.08	707.89	675.83	464.74	429.28	480.69
Inventory	190.97	209.25	197.06	190.2	170.52	157.66
Other Current Assets	11.61	14.84	5.67	5.74	10.71	7.5
Total Current Assets	1,690	1,702	1,798	1,765	1,898	1,951
Property, Plant & Equipment	480.33	453.61	366.88	188.89	164.71	157.09
Long-Term Investments	321.46	360.07	254.08	214.62	151.04	121.02
Other Intangible Assets	111	113.16	85.24	88.08	21.89	22.46
Long-Term Deferred Tax Assets	20.15	19.5	13.88	9.11	10.26	9.18
Other Long-Term Assets	8.4	10.1	2.85	49.12	1.64	0.91
Total Assets	2,632	2,658	2,521	2,315	2,248	2,262
Accounts Payable	381.18	409.47	360.93	239.32	223.65	274.27
Accrued Expenses	70.42	105.04	88.48	56.42	58.42	54.68
Short-Term Debt	36.43	45.65	15.25	-	-	-
Current Portion of Leases	-	-	-	-	8.99	-
Current Income Taxes Payable	14.49	5.34	8.66	8.36	3.33	5.92
Current Unearned Revenue	10.47	17.17	15.73	10.87	3.53	1.64
Other Current Liabilities	51.85	7.16	5.09	10.3	1.19	1.03
Total Current Liabilities	564.83	589.83	494.14	325.28	299.1	337.54
Long-Term Leases	-	-	10.02	-	-	-
Long-Term Unearned Revenue	2.16	2.44	1.89	8.36	10.43	5.4
Long-Term Deferred Tax Liabilities	-	-	-	-	1.2	0.6
Other Long-Term Liabilities	-	-	-	16.6	9.23	9.2
Total Liabilities	566.99	592.27	506.05	350.24	319.97	352.74
Common Stock	223.07	223.07	223.07	223.07	223.07	223.07
Additional Paid-In Capital	1,069	1,069	1,069	1,069	1,069	1,069
Retained Earnings	753.49	753.9	697.15	646.04	623.99	606.77
Comprehensive Income & Other	20.6	20.6	25.6	25.6	11.08	10
Total Common Equity	2,066	2,067	2,015	1,964	1,928	1,909
Minority Interest	-1.62	-0.96	0.01	0.22	0.4	-
Shareholders' Equity	2,065	2,066	2,015	1,964	1,928	1,909
Total Liabilities & Equity	2,632	2,658	2,521	2,315	2,248	2,262
Total Debt	36.43	45.65	25.27	-	8.99	-
Net Cash (Debt)	622.18	724.22	894.51	1,104	1,279	1,305
Net Cash Growth	-6.59%	-19.04%	-18.98%	-13.67%	-2.04%	-4.98%
Net Cash Per Share	2.79	3.23	4.01	5.00	5.73	5.85
Filing Date Shares Outstanding	223.07	223.07	223.07	223.07	223.07	223.07
Total Common Shares Outstanding	223.07	223.07	223.07	223.07	223.07	223.07
Working Capital	1,125	1,112	1,304	1,439	1,599	1,614
Book Value Per Share	9.26	9.27	9.03	8.81	8.64	8.56
Tangible Book Value	1,955	1,954	1,930	1,876	1,906	1,887
Tangible Book Value Per Share	8.77	8.76	8.65	8.41	8.54	8.46
Buildings	-	342.46	94.63	99.75	99.75	99.75
Machinery	-	241	220.91	195.24	182.53	165.35
Construction In Progress	-	53.55	205.18	41.86	0.78	0.26

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