SHA:603878 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	541.08	602.18	639.92	506	475.92	419.46
Trading Asset Securities	359.34	347.58	453.37	363.57	533.2	353.86
Cash & Short-Term Investments	900.42	949.76	1,093	869.58	1,009	773.32
Cash Growth	-1.26%	-13.13%	25.73%	-13.83%	30.49%	26.57%
Accounts Receivable	791.73	765.91	838.05	837.92	651.18	851.58
Other Receivables	14.43	11.29	35.13	11.15	10.65	62.59
Receivables	806.16	777.2	873.18	849.07	661.83	914.17
Inventory	996.41	1,016	1,190	1,053	906.11	871.33
Other Current Assets	39.21	43.57	24.02	31.88	16.19	14.24
Total Current Assets	2,742	2,786	3,180	2,804	2,593	2,573
Property, Plant & Equipment	803.65	836.69	863.89	763.52	725.94	679.09
Long-Term Investments	36.9	217	34.54	31.73	20.42	-
Other Intangible Assets	135.15	139.18	131.83	135.09	141.14	88.45
Long-Term Accounts Receivable	-	39.85	14.98	36.97	43.84	58.64
Long-Term Deferred Tax Assets	23.61	20.4	20.82	18.84	17.71	16.31
Long-Term Deferred Charges	-	-	-	0.02	0.05	0.07
Other Long-Term Assets	443.52	6.67	11.88	27.21	7.39	14.45
Total Assets	4,185	4,046	4,258	3,817	3,550	3,430
Accounts Payable	901.46	753.37	774.16	735.69	780.74	645.56
Accrued Expenses	32.95	49.3	27.02	20.6	29.38	29.58
Short-Term Debt	75.69	-	45.04	170.02	133.7	212.15
Current Portion of Long-Term Debt	-	75.61	55.05	-	-	-
Current Income Taxes Payable	25.04	-	15.34	3.16	1.83	0.91
Current Unearned Revenue	116.79	177.42	105.36	198	79.9	86.29
Other Current Liabilities	37	37.79	15.31	28.46	18.82	14.33
Total Current Liabilities	1,189	1,093	1,037	1,156	1,044	988.82
Long-Term Debt	301.29	292.97	359.93	55.05	-	-
Long-Term Unearned Revenue	55.37	53.04	62.11	22.45	31.21	35.5
Long-Term Deferred Tax Liabilities	-	-	-	2.82	1.88	1.12
Other Long-Term Liabilities	5.38	5.38	-	-	-	-
Total Liabilities	1,551	1,445	1,459	1,236	1,077	1,025
Common Stock	561.07	561.07	561.06	400.76	400.76	400.76
Additional Paid-In Capital	743.07	743.05	743	903.3	903.3	903.3
Retained Earnings	1,339	1,302	1,474	1,274	1,167	1,099
Treasury Stock	-29.92	-25.81	-	-	-	-
Comprehensive Income & Other	21.26	21.2	21.41	2.58	0.96	1.47
Shareholders' Equity	2,634	2,601	2,799	2,581	2,472	2,405
Total Liabilities & Equity	4,185	4,046	4,258	3,817	3,550	3,430
Total Debt	376.97	368.59	460.02	225.08	133.7	212.15
Net Cash (Debt)	523.45	581.17	633.27	644.5	875.41	561.17
Net Cash Growth	-0.48%	-8.23%	-1.74%	-26.38%	56.00%	24.49%
Net Cash Per Share	0.90	1.02	1.12	1.14	1.56	1.00
Filing Date Shares Outstanding	556.12	556.12	561.06	561.06	561.06	561.06
Total Common Shares Outstanding	556.12	556.12	561.06	561.06	561.06	561.06
Working Capital	1,553	1,693	2,143	1,648	1,549	1,584
Book Value Per Share	4.74	4.68	4.99	4.60	4.41	4.29
Tangible Book Value	2,499	2,462	2,667	2,446	2,331	2,316
Tangible Book Value Per Share	4.49	4.43	4.75	4.36	4.15	4.13
Buildings	-	517.36	503.51	379.32	383.24	379.77
Machinery	-	1,051	954.58	869.33	694.91	596.08
Construction In Progress	-	18.13	74.99	113.45	191.69	179.03

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