SHA:603928 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	32.22	30.22	104.43	50.44	25.15	8.71
Trading Asset Securities	124.11	168.17	72.66	245.04	176.02	219.89
Cash & Short-Term Investments	156.33	198.39	177.09	295.49	201.17	228.6
Cash Growth	20.31%	12.03%	-40.07%	46.88%	-12.00%	30.76%
Accounts Receivable	859.99	740.45	797.02	944.49	960.92	702.46
Other Receivables	2.07	0.64	0.81	0.83	0.78	0.62
Receivables	862.06	741.09	797.83	945.32	961.7	703.08
Inventory	81.25	88.4	88.16	88.17	93.21	84.03
Other Current Assets	17.53	13.55	11.79	16.34	30.69	32.14
Total Current Assets	1,117	1,041	1,075	1,345	1,287	1,048
Property, Plant & Equipment	375.9	399.21	441.57	465.21	461.09	474.18
Long-Term Investments	77.69	67.57	94.92	139.85	77.75	51.48
Other Intangible Assets	206.33	209.77	214.45	49.93	51.25	52.58
Long-Term Deferred Tax Assets	10	9.43	10.07	9.7	10.27	10.51
Other Long-Term Assets	9.94	3.42	2.85	4.07	2.64	3.02
Total Assets	1,797	1,731	1,839	2,014	1,890	1,640
Accounts Payable	194.86	165.76	154.4	197.42	307.25	189.21
Accrued Expenses	25.72	32.9	32.96	35.72	37	32.14
Short-Term Debt	2.24	-	98.8	262.63	-	-
Current Income Taxes Payable	10.68	1.83	5.67	0.97	3.93	0.54
Current Unearned Revenue	2.06	3.05	1.1	1.42	1.6	2.13
Other Current Liabilities	0.5	0.91	1.24	0.78	0.52	0.53
Total Current Liabilities	236.07	204.46	294.17	498.95	350.29	224.56
Long-Term Unearned Revenue	9.34	9.94	10.43	11.89	13.35	14.52
Long-Term Deferred Tax Liabilities	1.65	1.65	5.8	13.09	3.24	0.32
Total Liabilities	247.06	216.05	310.4	523.93	366.88	239.4
Common Stock	262.08	262.08	201.6	201.6	201.6	201.6
Additional Paid-In Capital	487.78	487.78	548.26	548.26	548.26	548.26
Retained Earnings	778.79	746.67	739.82	663.87	749.23	649.8
Comprehensive Income & Other	21.33	18.25	38.65	76.41	23.79	0.57
Shareholders' Equity	1,550	1,515	1,528	1,490	1,523	1,400
Total Liabilities & Equity	1,797	1,731	1,839	2,014	1,890	1,640
Total Debt	2.24	-	98.8	262.63	-	-
Net Cash (Debt)	154.08	198.39	78.28	32.85	201.17	228.6
Net Cash Growth	18.58%	153.42%	138.28%	-83.67%	-12.00%	30.76%
Net Cash Per Share	0.57	0.73	0.30	0.13	0.76	0.87
Filing Date Shares Outstanding	262.08	262.08	262.08	262.08	262.08	262.08
Total Common Shares Outstanding	262.08	262.08	262.08	262.08	262.08	262.08
Working Capital	881.1	836.98	780.7	846.37	936.48	823.29
Book Value Per Share	5.91	5.78	5.83	5.69	5.81	5.34
Tangible Book Value	1,344	1,305	1,314	1,440	1,472	1,348
Tangible Book Value Per Share	5.13	4.98	5.01	5.50	5.62	5.14
Buildings	-	301.33	304.41	275.37	275.53	266.49
Machinery	-	387.09	356.63	346.45	325.12	316.01
Construction In Progress	-	17.71	41.74	64.58	40.35	34.72

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