SHA:603887 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	1,733	666	1,074	941.79	1,126	2,242
Trading Asset Securities	-	1.65	-	-	237.14	-
Cash & Short-Term Investments	1,733	667.65	1,074	941.79	1,363	2,242
Cash Growth	130.81%	-37.82%	14.02%	-30.89%	-39.22%	214.68%
Accounts Receivable	1,829	1,735	2,447	3,029	3,224	3,191
Other Receivables	56.32	53.2	96.94	84.83	95.85	44.04
Receivables	1,885	1,788	2,544	3,114	3,320	3,235
Inventory	3,341	802.55	431.12	639.96	456.32	367.19
Prepaid Expenses	-	-	-	-	57.93	31.92
Other Current Assets	919.24	578.55	332.95	373.89	192.42	80.49
Total Current Assets	7,878	3,837	4,382	5,070	5,389	5,957
Property, Plant & Equipment	4,458	2,869	2,102	2,214	1,149	735.32
Long-Term Investments	11.76	11.93	12.35	24.83	34.15	32.87
Goodwill	348.38	348.38	348.38	833.41	833.41	1,464
Other Intangible Assets	86.16	96.44	99.55	106.89	117.05	129.23
Long-Term Deferred Tax Assets	252.86	208.73	167.41	111.94	86.01	49.19
Long-Term Deferred Charges	14.25	18.34	19.4	15.11	19.15	9.19
Other Long-Term Assets	162.27	597.82	188.15	89.13	82.93	208.2
Total Assets	13,211	7,988	7,319	8,465	7,711	8,586
Accounts Payable	2,678	1,401	1,207	1,521	1,289	1,664
Accrued Expenses	12.75	64.45	47.35	88.2	46.75	68.98
Short-Term Debt	786.13	741.43	874.07	1,215	1,405	1,311
Current Portion of Leases	171.85	215.6	18.59	10.59	10.68	-
Current Income Taxes Payable	4.08	10.41	1.81	4.82	3.14	1.38
Current Unearned Revenue	2,708	433.17	199.68	332.44	87.26	39.7
Other Current Liabilities	345.94	143.83	167.66	81.32	146.27	133.2
Total Current Liabilities	6,706	3,010	2,517	3,253	2,988	3,218
Long-Term Debt	1,810	710.87	1,327	1,113	1,253	1,282
Long-Term Leases	1,110	684.51	691.26	658.43	30.14	-
Long-Term Unearned Revenue	8.83	9.94	11.44	12.93	14.42	15.92
Long-Term Deferred Tax Liabilities	5.88	21.05	12.74	10.99	11.78	12.96
Total Liabilities	9,641	4,436	4,559	5,049	4,298	4,529
Common Stock	602.03	608.94	450.76	450.75	450.72	375.58
Additional Paid-In Capital	3,593	3,600	2,240	2,240	2,239	2,314
Retained Earnings	-596.76	-599.61	-254.76	401.51	399.46	1,042
Treasury Stock	-28.28	-57.26	-	-	-	-
Comprehensive Income & Other	-	-	323.85	323.87	324.11	324.25
Total Common Equity	3,570	3,552	2,760	3,416	3,414	4,056
Shareholders' Equity	3,570	3,552	2,760	3,416	3,414	4,056
Total Liabilities & Equity	13,211	7,988	7,319	8,465	7,711	8,586
Total Debt	3,878	2,352	2,911	2,997	2,699	2,593
Net Cash (Debt)	-2,146	-1,685	-1,837	-2,055	-1,336	-351.19
Net Cash Per Share	-3.56	-3.41	-4.08	-4.48	-3.24	-0.78
Filing Date Shares Outstanding	602.03	608.94	450.76	450.75	450.72	450.7
Total Common Shares Outstanding	602.03	608.94	450.76	450.75	450.72	450.7
Working Capital	1,172	827.37	1,865	1,816	2,401	2,739
Book Value Per Share	5.93	5.83	6.12	7.58	7.57	9.00
Tangible Book Value	3,136	3,107	2,312	2,476	2,463	2,463
Tangible Book Value Per Share	5.21	5.10	5.13	5.49	5.47	5.46
Buildings	-	585.04	615.3	381.85	238.5	237.58
Machinery	-	971.22	955.85	891.17	750.35	688.51
Construction In Progress	-	1,444	701.98	985.92	534.01	146.54

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