SHA:603970 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	316.59	405.31	864.09	1,932	966.97	1,005
Trading Asset Securities	0.49	1,000	792.2	1,000	506.93	503.57
Cash & Short-Term Investments	317.08	1,405	1,656	2,932	1,474	1,508
Cash Growth	-63.13%	-15.15%	-43.50%	98.91%	-2.28%	125.02%
Accounts Receivable	3,267	1,692	1,708	320.93	199.29	623.6
Other Receivables	53.8	49.42	59.03	116.35	37.94	49.61
Receivables	3,321	1,741	1,767	437.29	237.23	673.21
Inventory	1,894	1,573	1,536	1,563	1,716	1,236
Other Current Assets	784.1	633.58	779.25	1,047	1,077	414.8
Total Current Assets	6,316	5,353	5,738	5,979	4,504	3,833
Property, Plant & Equipment	53.88	58.53	71.84	60.39	73.77	42.06
Long-Term Investments	95.79	95.09	99.13	113.2	86.17	5.84
Other Intangible Assets	3.23	3.65	4.29	5.14	50.53	119.38
Long-Term Deferred Tax Assets	49.29	43.95	50.38	44.72	25.3	21.78
Long-Term Deferred Charges	3.71	5.67	2.53	1.48	1.69	2.34
Other Long-Term Assets	42	42	42	42	-	-
Total Assets	6,564	5,602	6,008	6,246	4,742	4,024
Accounts Payable	2,155	2,118	2,759	2,648	1,298	964.1
Accrued Expenses	51.09	83.75	81.12	75.32	40.48	59.99
Short-Term Debt	1,200	628.48	628.87	800.73	942	1,117
Current Portion of Long-Term Debt	3.59	-	100.08	0.09	-	7.5
Current Portion of Leases	-	8.73	10.05	3.5	9.71	-
Current Income Taxes Payable	40.71	25.19	30.86	55.09	24.68	20.67
Current Unearned Revenue	1,287	897.8	624.42	932.11	893.39	543.53
Other Current Liabilities	86.49	139.55	152.86	116.85	221.24	147.11
Total Current Liabilities	4,823	3,901	4,388	4,632	3,429	2,860
Long-Term Debt	-	-	-	100	-	-
Long-Term Leases	9.68	4.32	9.29	5.61	5.46	-
Long-Term Unearned Revenue	0.94	0.15	0.33	-	8.39	9.87
Long-Term Deferred Tax Liabilities	10.28	9.74	12.58	18.18	12.11	4.81
Other Long-Term Liabilities	4.28	4.28	4.28	6.01	5.59	5.82
Total Liabilities	4,848	3,920	4,414	4,762	3,461	2,881
Common Stock	268.8	268.8	268.8	192	192	192
Additional Paid-In Capital	238.23	238.23	238.23	302.15	298.02	298.02
Retained Earnings	1,023	992.72	910.31	791.07	648.12	535.41
Comprehensive Income & Other	18.5	20.69	22.2	32.93	33	-0.16
Total Common Equity	1,549	1,520	1,440	1,318	1,171	1,025
Minority Interest	166.78	162.24	154.62	166.2	109.75	118.17
Shareholders' Equity	1,715	1,683	1,594	1,484	1,281	1,143
Total Liabilities & Equity	6,564	5,602	6,008	6,246	4,742	4,024
Total Debt	1,213	641.53	748.28	909.93	957.18	1,125
Net Cash (Debt)	-896.07	763.78	908.02	2,022	516.72	383.58
Net Cash Growth	-	-15.88%	-55.09%	291.28%	34.71%	-
Net Cash Per Share	-3.33	2.84	3.38	7.52	1.92	1.43
Filing Date Shares Outstanding	268.8	268.8	268.8	268.8	268.8	268.8
Total Common Shares Outstanding	268.8	268.8	268.8	268.8	268.8	268.8
Working Capital	1,493	1,452	1,350	1,347	1,075	972.54
Book Value Per Share	5.76	5.66	5.36	4.90	4.36	3.81
Tangible Book Value	1,545	1,517	1,435	1,313	1,121	905.89
Tangible Book Value Per Share	5.75	5.64	5.34	4.88	4.17	3.37
Buildings	-	28.31	17.54	17.54	17.54	33.32
Machinery	-	87.7	89.14	95.86	98.37	68.72
Construction In Progress	-	-	9.32	-	-	4.11

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