SHA:603898 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	202.15	487.56	480.68	249.75	530.63	644.32
Trading Asset Securities	630.53	1,251	1,271	820.59	601.03	200.11
Cash & Short-Term Investments	832.67	1,739	1,752	1,070	1,132	844.43
Cash Growth	-43.65%	-0.77%	63.69%	-5.42%	34.01%	-44.73%
Accounts Receivable	179.65	200.25	172.94	155.16	556.39	729.37
Other Receivables	41.87	13.7	11.8	405.17	29.15	15.94
Receivables	221.52	213.95	184.74	560.33	585.54	745.31
Inventory	287.27	324.93	239.07	234.44	786.81	629.44
Prepaid Expenses	-	-	-	3.73	7.4	-
Other Current Assets	44.72	15.28	31.39	31.44	69.8	116.8
Total Current Assets	1,386	2,293	2,207	1,900	2,581	2,336
Property, Plant & Equipment	1,243	1,317	1,472	1,593	1,976	1,966
Long-Term Investments	749.38	690.08	416.69	421.75	41.3	75.99
Goodwill	-	-	-	-	401.45	488.28
Other Intangible Assets	182.01	186.94	196.04	206.71	202.07	202.75
Long-Term Deferred Tax Assets	116.7	86.84	86.34	63.67	86.26	28.94
Long-Term Deferred Charges	4.95	7.58	8.58	22.06	30.76	30.35
Other Long-Term Assets	171.01	177.38	166.65	173.49	143.78	37.19
Total Assets	3,853	4,759	4,553	4,381	5,463	5,165
Accounts Payable	171.41	194.69	244.42	248.91	557.03	677.56
Accrued Expenses	28.14	116.39	58.14	59.88	135.24	109.03
Short-Term Debt	-	0.21	5.5	-	368.77	114.66
Current Portion of Long-Term Debt	6.34	617.05	-	-	12.56	24.9
Current Portion of Leases	-	7.11	19.88	17.81	16.76	-
Current Income Taxes Payable	28.87	4.85	19.9	32.37	19.25	23.45
Current Unearned Revenue	246.16	485.27	193.88	102.06	407.09	387.22
Other Current Liabilities	104.17	97.69	99.66	73.66	387.38	381.36
Total Current Liabilities	585.09	1,523	641.38	534.7	1,904	1,718
Long-Term Debt	-	-	612.46	587.46	561.51	541.63
Long-Term Leases	29.23	31.9	86.2	99	108.69	5.49
Long-Term Unearned Revenue	65.23	69.03	70.17	64.56	37.22	18.73
Long-Term Deferred Tax Liabilities	5.65	6.69	44.31	52.49	44.23	34.29
Total Liabilities	685.19	1,631	1,455	1,338	2,656	2,318
Common Stock	311.35	311.28	311.28	311.28	311.28	311.28
Additional Paid-In Capital	835.47	-	-	814.4	833.18	814.28
Retained Earnings	2,068	2,061	2,045	2,044	1,614	1,590
Treasury Stock	-	-	-	-164.13	-164.13	-164.13
Comprehensive Income & Other	-66.95	755.03	742.03	37.6	50.2	87.28
Total Common Equity	3,148	3,127	3,099	3,043	2,644	2,639
Minority Interest	20.17	0.81	-	-	162.96	208.38
Shareholders' Equity	3,168	3,128	3,099	3,043	2,807	2,847
Total Liabilities & Equity	3,853	4,759	4,553	4,381	5,463	5,165
Total Debt	35.57	656.27	724.03	704.27	1,068	686.68
Net Cash (Debt)	797.1	1,082	1,028	366.07	63.38	157.75
Net Cash Growth	-1.43%	5.29%	180.83%	477.56%	-59.82%	-84.19%
Net Cash Per Share	2.57	3.50	3.31	0.99	0.20	0.49
Filing Date Shares Outstanding	311.35	311.28	311.28	300.17	300.16	300.16
Total Common Shares Outstanding	311.35	311.28	311.28	300.17	300.16	300.16
Working Capital	801.1	769.56	1,566	1,366	677.14	617.82
Book Value Per Share	10.11	10.05	9.95	10.14	8.81	8.79
Tangible Book Value	2,966	2,940	2,903	2,836	2,041	1,948
Tangible Book Value Per Share	9.52	9.44	9.32	9.45	6.80	6.49
Buildings	-	981.54	996.98	996.33	1,216	1,326
Machinery	-	902.64	873.4	860.11	938.81	751.23
Construction In Progress	-	5.36	11.59	15.1	104.59	231.26

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.