SHA:603955 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	111.86	276.51	361.7	473.65	592.55	546.72
Trading Asset Securities	13.52	6.72	6.66	18.86	131.4	125.36
Cash & Short-Term Investments	125.38	283.23	368.36	492.51	723.95	672.08
Cash Growth	-45.48%	-23.11%	-25.21%	-31.97%	7.72%	-2.47%
Accounts Receivable	577.71	561.7	796.9	941.63	989.86	1,184
Other Receivables	370.45	371.5	303.53	258.8	232.89	161.78
Receivables	948.15	933.2	1,100	1,200	1,223	1,346
Inventory	44.2	15.02	14.83	32.28	43.75	38.76
Prepaid Expenses	-	0.64	0.27	0.66	-	0.12
Other Current Assets	38.29	17.78	10.61	13.47	22.38	31.4
Total Current Assets	1,156	1,250	1,495	1,739	2,013	2,088
Property, Plant & Equipment	128.07	51.74	65.74	60.68	68.9	29.25
Long-Term Investments	242.82	231.07	227.02	222.78	209.29	195.25
Goodwill	-	-	-	-	-	0.04
Other Intangible Assets	34.91	-	0.01	0.27	2.02	3.82
Long-Term Accounts Receivable	1,022	971.67	1,122	1,262	1,303	1,204
Long-Term Deferred Tax Assets	10.75	-	-	15.86	11.58	16.05
Long-Term Deferred Charges	32.28	1.14	0.95	1.54	2.31	2.73
Other Long-Term Assets	38.33	32.78	41.34	60.09	68.49	75.92
Total Assets	2,665	2,538	2,952	3,362	3,679	3,615
Accounts Payable	136.92	190.26	302.16	427.77	608.8	735
Accrued Expenses	9.03	22.12	20.73	21.8	24.55	29.42
Short-Term Debt	88.06	-	119.05	229.26	273.35	231.3
Current Portion of Long-Term Debt	115.14	87.47	197.77	113.65	95.64	-
Current Portion of Leases	-	0.52	0.19	1.09	3.11	-
Current Income Taxes Payable	91.82	69.6	56.59	42.58	30.58	18.98
Current Unearned Revenue	2.1	0.84	1.71	1.29	4.14	1.91
Other Current Liabilities	108.71	89.54	129.74	126.66	151.14	170.97
Total Current Liabilities	551.79	460.35	827.95	964.09	1,191	1,188
Long-Term Debt	235.1	290.6	378.09	575.93	689.63	703
Long-Term Leases	45	0.72	-	0.19	1.94	-
Total Liabilities	831.88	751.68	1,206	1,540	1,883	1,891
Common Stock	135.72	135.72	135.72	135.72	135.72	135.72
Additional Paid-In Capital	843.35	835.18	835.18	835.18	835.95	835.22
Retained Earnings	554.21	597.9	568.76	652	641.25	582.63
Comprehensive Income & Other	-6	-6	-6	-3.17	-3.12	-2.46
Total Common Equity	1,527	1,563	1,534	1,620	1,610	1,551
Minority Interest	305.52	223.8	211.88	202.52	186.18	173.13
Shareholders' Equity	1,833	1,787	1,746	1,822	1,796	1,724
Total Liabilities & Equity	2,665	2,538	2,952	3,362	3,679	3,615
Total Debt	483.3	379.32	695.1	920.11	1,064	934.3
Net Cash (Debt)	-357.92	-96.09	-326.74	-427.6	-339.72	-262.23
Net Cash Per Share	-2.64	-0.71	-2.41	-3.15	-2.50	-2.08
Filing Date Shares Outstanding	135.72	135.72	135.72	135.72	135.72	135.72
Total Common Shares Outstanding	135.72	135.72	135.72	135.72	135.72	135.72
Working Capital	604.24	789.51	666.55	775.27	821.51	900.33
Book Value Per Share	11.25	11.51	11.30	11.93	11.86	11.43
Tangible Book Value	1,492	1,563	1,534	1,619	1,608	1,547
Tangible Book Value Per Share	11.00	11.51	11.30	11.93	11.85	11.40
Buildings	-	55.34	69.38	58.58	50.31	16.36
Machinery	-	17.8	19.77	21.87	24.56	24.16
Construction In Progress	-	-	-	-	8.57	5.66
Order Backlog	-	9.47	-	-	-	-

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