SHA:603901 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	880.65	662.41	742.3	1,003	690.72	764.77
Short-Term Investments	-	-	-	-	-	80.65
Trading Asset Securities	13	4	-	0.48	-	81
Cash & Short-Term Investments	893.65	666.41	742.3	1,003	690.72	926.42
Cash Growth	73.38%	-10.22%	-26.02%	45.27%	-25.44%	-8.40%
Accounts Receivable	779.21	770.53	745.34	608.96	588.11	484.84
Other Receivables	52.1	48.69	70.69	69	49.78	52.36
Receivables	831.31	819.22	816.03	677.96	637.89	537.21
Inventory	3,772	3,575	3,010	2,406	1,697	1,314
Prepaid Expenses	-	0.48	0.5	0.47	0.46	0.51
Other Current Assets	270.07	258.8	183.04	151.87	77.62	69.76
Total Current Assets	5,767	5,320	4,752	4,239	3,103	2,848
Property, Plant & Equipment	1,750	1,835	1,530	1,114	711.3	402.19
Long-Term Investments	98.83	145.48	197.42	319.52	164.46	133.51
Goodwill	194.82	195.88	197.38	207.84	159.97	150.18
Other Intangible Assets	410.5	410.12	405.97	417.12	265.22	167.12
Long-Term Deferred Tax Assets	69.37	60.38	40.93	22.48	34.04	25.86
Long-Term Deferred Charges	1.59	2.42	4.14	6.49	4.54	4.81
Other Long-Term Assets	12.52	32.05	34.15	43.7	29.44	17.12
Total Assets	8,305	8,001	7,163	6,370	4,472	3,749
Accounts Payable	1,215	1,298	1,032	838.06	887.98	638.71
Accrued Expenses	114.77	148.23	141.1	127.63	115.01	101.35
Short-Term Debt	92.06	198.16	218.34	463.51	368.01	377.84
Current Portion of Long-Term Debt	309.26	597.34	119.18	4.05	-	-
Current Portion of Leases	-	11.5	13.66	14.62	20.79	-
Current Income Taxes Payable	25.18	9.62	12.43	8.51	29.21	14.58
Current Unearned Revenue	2,138	1,851	1,410	1,068	642.58	584.13
Other Current Liabilities	195.82	183.71	153.9	151.97	97.38	71.45
Total Current Liabilities	4,090	4,298	3,101	2,677	2,161	1,788
Long-Term Debt	1,488	1,101	1,401	987.98	53.67	402.68
Long-Term Leases	11.11	17.99	20.52	28.18	38.9	-
Long-Term Unearned Revenue	48.14	34.23	35.11	13.37	5.01	5.56
Long-Term Deferred Tax Liabilities	12.07	13.12	14.61	17.64	-	-
Other Long-Term Liabilities	-	2.36	4.36	7.36	-	-
Total Liabilities	5,650	5,467	4,576	3,731	2,259	2,196
Common Stock	487.67	487.72	487.91	488.16	488.45	439.41
Additional Paid-In Capital	884.13	892.41	898.67	919.8	904.17	408.59
Retained Earnings	1,148	1,029	1,052	1,044	847.99	644.72
Treasury Stock	-70.42	-75.8	-47.92	-56.73	-69.11	-89.98
Comprehensive Income & Other	149.23	148.48	148.96	148.01	-1.38	128.38
Total Common Equity	2,599	2,482	2,540	2,543	2,170	1,531
Minority Interest	55.78	52.15	46.91	96.29	43.59	21.3
Shareholders' Equity	2,655	2,534	2,586	2,639	2,214	1,552
Total Liabilities & Equity	8,305	8,001	7,163	6,370	4,472	3,749
Total Debt	1,901	1,926	1,773	1,498	481.37	780.53
Net Cash (Debt)	-1,007	-1,260	-1,031	-494.9	209.35	145.9
Net Cash Growth	-	-	-	-	43.49%	-35.78%
Net Cash Per Share	-2.11	-2.56	-2.18	-1.03	0.46	0.34
Filing Date Shares Outstanding	484.75	480.08	484.82	484.27	484.55	433.24
Total Common Shares Outstanding	484.75	480.08	484.82	484.27	484.55	433.24
Working Capital	1,676	1,022	1,652	1,563	942.35	1,060
Book Value Per Share	5.36	5.17	5.24	5.25	4.48	3.53
Tangible Book Value	1,994	1,876	1,936	1,918	1,745	1,214
Tangible Book Value Per Share	4.11	3.91	3.99	3.96	3.60	2.80
Buildings	-	1,522	989.63	594.22	327.49	303.19
Machinery	-	863.03	699.42	637.65	451.55	341.75
Construction In Progress	-	29.75	315.5	263.14	186.72	3.26

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