SHA:603890 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	916.67	885.47	750.69	463.19	679.72	523.62
Trading Asset Securities	345.55	295.92	252.49	-	50	30
Cash & Short-Term Investments	1,262	1,181	1,003	463.19	729.72	553.62
Cash Growth	11.77%	17.76%	116.58%	-36.52%	31.81%	5.52%
Accounts Receivable	1,778	1,355	1,153	1,316	1,459	1,493
Other Receivables	26.22	35.94	30.65	20.13	39.25	44.55
Receivables	1,804	1,391	1,184	1,336	1,498	1,538
Inventory	1,080	991.24	983.56	804.77	767.84	719.89
Prepaid Expenses	-	-	1	-	-	-
Other Current Assets	22.37	27.26	59.36	69.94	27.79	27.59
Total Current Assets	4,169	3,591	3,231	2,674	3,023	2,839
Property, Plant & Equipment	1,764	1,890	2,285	2,208	1,726	1,270
Long-Term Investments	28.4	172.07	44.25	45.26	47.9	30.57
Goodwill	-	-	28.95	37.53	23.69	23.69
Other Intangible Assets	67.21	71.03	73.92	77.07	70.6	55.96
Long-Term Deferred Tax Assets	36.05	41.38	34.23	43.2	33.29	27.23
Long-Term Deferred Charges	113.42	85.17	38.51	31.59	17.75	17.77
Other Long-Term Assets	4.64	2.63	13.38	74.74	181.76	17.42
Total Assets	6,182	5,853	5,749	5,191	5,124	4,282
Accounts Payable	1,421	915.51	877.82	719.92	903.33	1,018
Accrued Expenses	70.81	361.59	290.7	236.66	260.52	254.59
Short-Term Debt	581.66	609.07	624.07	754.68	687.46	637.8
Current Portion of Long-Term Debt	15.69	1.26	79.98	57.07	25.53	-
Current Portion of Leases	-	16.26	50.23	33.97	11.58	-
Current Income Taxes Payable	19.81	7.44	16.2	20.35	20.62	7.21
Current Unearned Revenue	21.51	20.75	10.76	16.85	8.52	4.03
Other Current Liabilities	73.51	136.17	130.62	181.57	133.03	209.64
Total Current Liabilities	2,204	2,068	2,080	2,021	2,051	2,131
Long-Term Debt	730.39	766.3	663.5	225.77	227.78	258.21
Long-Term Leases	35.97	3.84	21.38	34.98	17.03	-
Long-Term Unearned Revenue	95.72	104.22	115.96	108.84	102.74	69.9
Long-Term Deferred Tax Liabilities	8.17	14.03	22.18	13.65	25.01	29.55
Total Liabilities	3,074	2,956	2,903	2,404	2,423	2,489
Common Stock	443.38	439.05	439.04	439.04	439.18	385.51
Additional Paid-In Capital	1,277	1,223	1,223	1,224	1,225	697.56
Retained Earnings	1,402	1,236	1,024	1,041	926.93	698.88
Treasury Stock	-92.99	-92.99	-92.99	-81.99	-14.53	-29.25
Comprehensive Income & Other	87.28	95.12	98.58	27.4	24.77	32.73
Total Common Equity	3,117	2,899	2,692	2,648	2,601	1,785
Minority Interest	-8.55	-2.52	154.43	138.05	100.04	7.61
Shareholders' Equity	3,108	2,897	2,846	2,787	2,701	1,793
Total Liabilities & Equity	6,182	5,853	5,749	5,191	5,124	4,282
Total Debt	1,364	1,397	1,439	1,106	969.38	896.02
Net Cash (Debt)	-101.49	-215.34	-435.97	-643.27	-239.67	-342.4
Net Cash Per Share	-0.23	-0.49	-0.98	-1.47	-0.59	-0.89
Filing Date Shares Outstanding	434.24	429.91	429.91	430.93	421.51	384.74
Total Common Shares Outstanding	434.24	429.91	429.91	430.93	421.51	384.74
Working Capital	1,965	1,523	1,150	652.57	972.84	707.77
Book Value Per Share	7.18	6.74	6.26	6.15	6.17	4.64
Tangible Book Value	3,050	2,828	2,589	2,534	2,507	1,706
Tangible Book Value Per Share	7.02	6.58	6.02	5.88	5.95	4.43
Buildings	-	766.07	750.9	635.18	503.16	454.93
Machinery	-	1,899	2,181	1,901	1,221	954.52
Construction In Progress	-	25.27	64.35	162.18	344.17	117.47

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