SHA:603848 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	177.8	272.57	380.56	124.1	393.45	118.83
Short-Term Investments	151.44	121.03	-	167.59	-	100.02
Trading Asset Securities	200.43	100.45	-	-	751.15	926.38
Cash & Short-Term Investments	529.67	494.04	380.56	291.68	1,145	1,145
Cash Growth	177.07%	29.82%	30.47%	-74.52%	-0.06%	-12.60%
Accounts Receivable	85.8	68.5	92.66	104.19	121.77	106.8
Other Receivables	10.81	8.35	6.82	4.3	4.98	8.87
Receivables	96.61	76.85	99.48	108.49	126.75	115.67
Inventory	135.63	149.52	158.01	196.59	196.48	91.53
Other Current Assets	51.15	26.7	13.9	18.47	28.52	17.55
Total Current Assets	813.06	747.12	651.94	615.24	1,496	1,370
Property, Plant & Equipment	715.18	650.53	477.38	482.32	448.99	146.81
Long-Term Investments	144.45	134.76	134.76	134.76	78.14	54.38
Goodwill	-	-	-	-	-	6.26
Other Intangible Assets	1,327	1,355	1,392	1,426	104.78	103.97
Long-Term Deferred Tax Assets	45.29	38.97	38.42	28.32	22.35	21.81
Long-Term Deferred Charges	47.02	44.79	30.34	12.83	4.53	7.51
Other Long-Term Assets	360.96	402.89	434.84	122.19	189.91	393.69
Total Assets	3,453	3,374	3,159	2,821	2,345	2,104
Accounts Payable	253.97	275.32	295	191.82	265.65	310.44
Accrued Expenses	28.22	46.93	56.64	36.1	43.06	47.19
Short-Term Debt	-	-	-	33.66	-	-
Current Portion of Leases	0.31	0.28	0.52	0.48	0.45	-
Current Income Taxes Payable	22.3	8.51	18.89	11.47	16.1	20.07
Current Unearned Revenue	17.8	20.83	21.85	40.93	75.17	32.23
Other Current Liabilities	31.55	39.84	48.11	38.23	48.94	22.5
Total Current Liabilities	354.16	391.73	441	352.69	449.38	432.44
Long-Term Debt	174.12	120.86	-	-	-	-
Long-Term Leases	2.27	2.51	5.41	5.93	6.41	-
Long-Term Unearned Revenue	0.22	0.29	0.39	0.64	0.94	1.24
Long-Term Deferred Tax Liabilities	19.72	18.23	17.78	17.86	9.3	4.86
Total Liabilities	550.49	533.63	464.6	377.12	466.04	438.53
Common Stock	402.41	404.01	404.21	401	401	401
Additional Paid-In Capital	357.48	368.58	363.59	-	337.61	337.61
Retained Earnings	1,649	1,586	1,458	1,211	1,093	892.71
Treasury Stock	-	-12.51	-25.44	-	-	-
Comprehensive Income & Other	95.84	95.84	95.84	433.45	47.72	27.52
Total Common Equity	2,504	2,442	2,296	2,045	1,879	1,659
Minority Interest	398.09	398.2	398.53	398.89	-	7.04
Shareholders' Equity	2,902	2,840	2,695	2,444	1,879	1,666
Total Liabilities & Equity	3,453	3,374	3,159	2,821	2,345	2,104
Total Debt	176.7	123.66	5.93	40.08	6.86	-
Net Cash (Debt)	352.97	370.39	374.63	251.61	1,138	1,145
Net Cash Growth	138.79%	-1.13%	48.89%	-77.89%	-0.65%	-12.60%
Net Cash Per Share	0.89	0.92	0.94	0.63	2.84	2.84
Filing Date Shares Outstanding	402.41	403.91	384.42	401	401	401
Total Common Shares Outstanding	402.41	404.01	384.42	401	401	401
Working Capital	458.9	355.39	210.94	262.54	1,047	937.55
Book Value Per Share	6.22	6.04	5.97	5.10	4.69	4.14
Tangible Book Value	1,177	1,087	904.55	619.64	1,774	1,549
Tangible Book Value Per Share	2.93	2.69	2.35	1.55	4.42	3.86
Buildings	-	365.25	312.74	381.35	252.32	41.39
Machinery	-	142.8	124.65	84.49	72.58	72.67
Construction In Progress	-	249.84	127.26	86.39	181.35	88.51

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