SHA:603897 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	1,368	988.41	1,125	1,195	430.69	598.92
Trading Asset Securities	287.4	340.53	303.59	294.97	249.5	700.08
Cash & Short-Term Investments	1,655	1,329	1,429	1,490	680.19	1,299
Cash Growth	-5.20%	-6.99%	-4.09%	119.03%	-47.64%	21.00%
Accounts Receivable	3,263	3,429	2,795	2,251	1,938	1,175
Other Receivables	1.08	0.43	0.05	2.5	97.62	80.93
Receivables	3,264	3,429	2,795	2,253	2,035	1,256
Inventory	848.16	696.45	695.54	689.43	773.59	712.13
Other Current Assets	72.99	30.43	11.27	8.73	1.29	0.71
Total Current Assets	5,840	5,485	4,930	4,441	3,490	3,268
Property, Plant & Equipment	833.67	824.63	905.66	998.09	777.66	580.15
Other Intangible Assets	160.21	149.85	148.44	157.57	141.4	86.96
Long-Term Deferred Tax Assets	27.71	33.23	30.6	31.17	23.23	15.07
Other Long-Term Assets	0.59	4.13	-	-	-	-
Total Assets	6,862	6,497	6,015	5,628	4,433	3,950
Accounts Payable	3,449	2,723	2,407	1,954	1,245	911.59
Accrued Expenses	15.67	73.66	62.92	50.25	63.15	46.43
Short-Term Debt	844.02	993.64	575.48	681.74	197.83	246.2
Current Portion of Leases	0.88	0.85	0.82	1.57	-	-
Current Income Taxes Payable	91.05	65.91	57.22	2.97	44.2	32.12
Current Unearned Revenue	6.06	1.79	4.93	3.23	5.27	10.8
Other Current Liabilities	5.89	27.59	76.37	117.48	104.27	91.61
Total Current Liabilities	4,412	3,886	3,185	2,811	1,659	1,339
Long-Term Debt	-	-	-	-	-	560
Long-Term Leases	1.4	1.36	2.21	6.05	-	-
Long-Term Unearned Revenue	40.1	45.43	45.22	41.74	33.59	37.82
Long-Term Deferred Tax Liabilities	4.08	4.76	6.99	23.78	27.35	23.41
Total Liabilities	4,458	3,938	3,239	2,882	1,720	1,960
Common Stock	206.44	206.44	206.44	206.44	206.44	178.4
Additional Paid-In Capital	1,589	1,589	1,589	1,589	1,589	925.86
Retained Earnings	605.49	762.15	980.21	949.49	916.54	776.69
Comprehensive Income & Other	3.34	1.25	-	-	-	109.08
Shareholders' Equity	2,405	2,559	2,776	2,745	2,712	1,990
Total Liabilities & Equity	6,862	6,497	6,015	5,628	4,433	3,950
Total Debt	846.3	995.85	578.5	689.36	197.83	806.2
Net Cash (Debt)	809.1	333.1	850.31	800.45	482.36	492.8
Net Cash Growth	9.20%	-60.83%	6.23%	65.94%	-2.12%	-8.54%
Net Cash Per Share	3.92	1.61	4.12	3.88	2.67	2.69
Filing Date Shares Outstanding	206.44	206.44	206.44	206.44	206.44	178.4
Total Common Shares Outstanding	206.44	206.44	206.44	206.44	206.44	178.4
Working Capital	1,428	1,599	1,746	1,630	1,831	1,929
Book Value Per Share	11.65	12.40	13.45	13.30	13.14	11.15
Tangible Book Value	2,245	2,409	2,628	2,588	2,571	1,903
Tangible Book Value Per Share	10.87	11.67	12.73	12.54	12.45	10.67
Buildings	-	523.62	521.04	555.16	299.42	277.18
Machinery	-	724.1	769.04	742.47	513.62	410.27
Construction In Progress	-	4.43	4.67	11.61	216.44	89.19

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