SHA:603856 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	221.05	365.38	394.27	478.16	282.97	317.98
Cash & Short-Term Investments	221.05	365.38	394.27	478.16	282.97	317.98
Cash Growth	-21.53%	-7.33%	-17.54%	68.98%	-11.01%	18.34%
Accounts Receivable	1,390	1,478	1,439	1,720	1,537	1,401
Other Receivables	307.35	286.51	281.52	70.84	75.6	92.13
Receivables	1,698	1,764	1,720	1,791	1,613	1,493
Inventory	474.34	304.32	321.56	439.05	442.02	406.62
Other Current Assets	197.69	63.08	65.14	130.94	61.03	28.73
Total Current Assets	2,591	2,497	2,501	2,839	2,399	2,247
Property, Plant & Equipment	785.66	794.71	664.28	678.32	676.65	413.78
Long-Term Investments	27.65	185.31	195.51	187.52	163.79	-
Other Intangible Assets	167.32	144.6	124.15	126.97	129.64	95.98
Long-Term Deferred Tax Assets	45.5	44.91	49.39	43.9	37.04	29.81
Other Long-Term Assets	22.25	31.83	24.12	61.77	62.33	82.09
Total Assets	3,639	3,698	3,559	3,938	3,468	2,868
Accounts Payable	106.33	105.55	84.6	119.42	103.05	139.87
Accrued Expenses	112.92	115.69	123.16	96.6	98.88	98.17
Short-Term Debt	106.69	586.04	560.1	803.4	771.04	253.34
Current Portion of Long-Term Debt	170.93	0.24	247.27	-	-	-
Current Portion of Leases	-	0.36	11.83	14.92	24.31	-
Current Income Taxes Payable	18.05	0.97	1.75	9.96	3.32	19.59
Current Unearned Revenue	84.96	52.51	68.52	220.85	146.89	133.55
Other Current Liabilities	130.54	141.75	147.35	221.64	213.54	189.48
Total Current Liabilities	730.42	1,003	1,245	1,487	1,361	834
Long-Term Debt	88.6	247.3	-	247.27	-	-
Long-Term Leases	1.02	1.19	1.55	13.26	28.09	-
Long-Term Unearned Revenue	90.99	94.98	62.78	68.1	74.56	74.36
Long-Term Deferred Tax Liabilities	-	-	3.56	1.95	0.57	-
Other Long-Term Liabilities	18.25	-	-	-	-	-
Total Liabilities	929.28	1,347	1,312	1,817	1,464	908.36
Common Stock	282.06	256.41	256.9	257.39	258.03	256.41
Additional Paid-In Capital	874.21	653.89	656.48	661.63	665.27	653.89
Retained Earnings	1,548	1,434	1,313	1,197	1,087	1,050
Treasury Stock	-	-	-2.74	-5.9	-9.89	-
Comprehensive Income & Other	-0.51	1.02	15.42	9.24	3.2	-
Total Common Equity	2,704	2,345	2,239	2,119	2,004	1,960
Minority Interest	5.81	6.34	6.59	0.93	-	-
Shareholders' Equity	2,710	2,352	2,246	2,120	2,004	1,960
Total Liabilities & Equity	3,639	3,698	3,559	3,938	3,468	2,868
Total Debt	367.24	835.12	820.75	1,079	823.44	253.34
Net Cash (Debt)	-146.19	-469.74	-426.48	-600.69	-540.47	64.64
Net Cash Growth	-	-	-	-	-	-74.32%
Net Cash Per Share	-0.55	-1.83	-1.67	-2.34	-2.11	0.25
Filing Date Shares Outstanding	282.06	256.41	256.9	257.39	258.03	256.41
Total Common Shares Outstanding	282.06	256.41	256.9	257.39	258.03	256.41
Working Capital	1,860	1,494	1,256	1,352	1,038	1,413
Book Value Per Share	9.59	9.15	8.72	8.23	7.77	7.64
Tangible Book Value	2,537	2,201	2,115	1,992	1,874	1,864
Tangible Book Value Per Share	8.99	8.58	8.23	7.74	7.26	7.27
Buildings	-	427.8	419.97	407.03	233.48	222.95
Machinery	-	545.76	536.5	502.92	458.09	286.36
Construction In Progress	-	179.47	14.31	26.34	198.58	87.09

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