SHA:603937 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	175.87	136.91	199.8	254.34	431.42	510.06
Short-Term Investments	-	-	-	-	-	100
Trading Asset Securities	17	36.16	227.05	100	70	71.29
Cash & Short-Term Investments	192.87	173.07	426.85	354.34	501.42	681.36
Cash Growth	-11.67%	-59.45%	20.46%	-29.33%	-26.41%	18.99%
Accounts Receivable	443.85	381.96	366.61	349.62	436.08	338.53
Other Receivables	3.2	2.77	1.41	0.54	13.26	3.22
Receivables	447.05	384.73	368.01	350.17	449.34	341.75
Inventory	533.18	478.17	390.61	370	363.3	247.59
Other Current Assets	177.77	205.11	224.2	94.93	207.19	223.8
Total Current Assets	1,351	1,241	1,410	1,169	1,521	1,494
Property, Plant & Equipment	1,141	1,184	1,091	430.03	266.45	266.19
Long-Term Investments	2.7	2.7	2.7	2.7	2.7	2.7
Other Intangible Assets	62.95	64.05	65.65	86.29	74.32	75.09
Long-Term Deferred Tax Assets	25.36	30.63	24.43	5.03	3.52	3.3
Long-Term Deferred Charges	-	-	0.09	0.2	0.31	-
Other Long-Term Assets	8.93	4.23	21.74	183.51	5.18	4.59
Total Assets	2,592	2,527	2,616	1,877	1,874	1,846
Accounts Payable	485.59	288.74	347.66	172.95	276.17	255.44
Accrued Expenses	10.22	16.45	15.59	15.92	15.64	12.58
Short-Term Debt	-	-	-	34.87	10.01	20.02
Current Portion of Leases	-	-	0.03	0.02	0.02	-
Current Income Taxes Payable	7.48	4.61	19.49	9.27	9.04	9.33
Current Unearned Revenue	8.72	11.09	14.37	26.26	22.15	21.75
Other Current Liabilities	123.44	233.89	235.49	41.64	14.05	28.23
Total Current Liabilities	635.45	554.79	632.62	300.94	347.08	347.36
Long-Term Debt	272.13	263.23	252.24	-	-	-
Long-Term Leases	-	-	0.01	0.04	0.06	-
Long-Term Unearned Revenue	104.54	112.16	76.85	4.77	1.22	1.24
Long-Term Deferred Tax Liabilities	6.94	9.19	11.95	-	-	0.11
Total Liabilities	1,019	939.37	973.67	305.75	348.37	348.7
Common Stock	208.89	208.88	208.88	208.88	208.88	208.88
Additional Paid-In Capital	551.95	551.85	551.84	551.84	551.84	551.84
Retained Earnings	781.7	796.52	851	810.72	764.63	736.94
Comprehensive Income & Other	30.29	30.3	30.3	-	-	-
Shareholders' Equity	1,573	1,588	1,642	1,571	1,525	1,498
Total Liabilities & Equity	2,592	2,527	2,616	1,877	1,874	1,846
Total Debt	272.13	263.23	252.28	34.94	10.1	20.02
Net Cash (Debt)	-79.26	-90.16	174.57	319.4	491.32	661.33
Net Cash Growth	-	-	-45.34%	-34.99%	-25.71%	17.55%
Net Cash Per Share	-0.32	-0.42	0.83	1.53	2.34	3.17
Filing Date Shares Outstanding	208.89	208.88	208.88	208.88	208.88	208.88
Total Common Shares Outstanding	208.89	208.88	208.88	208.88	208.88	208.88
Working Capital	715.43	686.29	777.07	868.49	1,174	1,147
Book Value Per Share	7.53	7.60	7.86	7.52	7.30	7.17
Tangible Book Value	1,510	1,523	1,576	1,485	1,451	1,423
Tangible Book Value Per Share	7.23	7.29	7.55	7.11	6.95	6.81
Buildings	-	508.99	330.67	184.59	184.57	174.15
Machinery	-	836.95	295.89	254	227.65	208.87
Construction In Progress	-	16.91	579.01	195.96	33.12	38.36

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