SHA:603990 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	252.45	119.34	478.23	883.34	320.13	906.71
Trading Asset Securities	35.11	40.1	160.06	88.07	321.14	-
Cash & Short-Term Investments	287.55	159.44	638.29	971.41	641.27	906.71
Cash Growth	47.62%	-75.02%	-34.29%	51.48%	-29.28%	505.04%
Accounts Receivable	209.55	200.48	357.33	239.59	263.47	261.02
Other Receivables	276.01	5.32	16.5	8.48	9.12	26.33
Receivables	485.56	205.8	373.83	248.07	272.59	287.35
Inventory	41.08	40.74	76.38	32.45	36.4	32.8
Prepaid Expenses	-	-	-	-	3.25	0.38
Other Current Assets	14.09	2,346	137.17	12.24	11.38	9.33
Total Current Assets	828.28	2,752	1,226	1,264	964.89	1,237
Property, Plant & Equipment	210.22	211.45	2,408	206.55	216.87	206.73
Long-Term Investments	33.77	34.67	42.4	45.97	40.08	19.19
Goodwill	31.17	31.17	31.17	31.17	31.17	31.17
Other Intangible Assets	122.53	113.29	85.33	58.78	40.01	12.77
Long-Term Accounts Receivable	1.26	1.26	1.38	1.49	1.7	1.4
Long-Term Deferred Tax Assets	5.07	4.53	21.67	17.8	11.66	8.82
Long-Term Deferred Charges	0.8	0.49	76.04	1.28	2.64	1.59
Other Long-Term Assets	15.28	15.59	23.32	3.22	3.31	3.41
Total Assets	1,248	3,164	3,915	1,630	1,312	1,522
Accounts Payable	33.61	31.4	845.85	31.7	43.49	41.77
Accrued Expenses	13.44	27.68	51.09	22.13	35.68	31.92
Short-Term Debt	158.09	166.04	591.99	154.25	70.08	135
Current Portion of Long-Term Debt	67.87	49.95	12.01	-	-	-
Current Portion of Leases	-	5.31	151.05	2.98	1.98	-
Current Income Taxes Payable	4.66	0.86	0.71	2.8	7.59	4.09
Current Unearned Revenue	58.18	68.15	70.65	44.82	41.54	52.07
Other Current Liabilities	3.14	1,811	134.73	4.44	4.96	7.15
Total Current Liabilities	339	2,160	1,858	263.11	205.32	272
Long-Term Debt	46.03	177.27	159.45	-	-	-
Long-Term Leases	19.54	21.89	796.19	5.96	8.57	-
Long-Term Unearned Revenue	-0	0.17	0.31	0.66	1.04	1.41
Long-Term Deferred Tax Liabilities	-	-	0.13	0.08	0.19	0.03
Other Long-Term Liabilities	-	-	1.55	0.98	0.74	6.77
Total Liabilities	404.57	2,359	2,816	270.78	215.86	280.22
Common Stock	306.28	306.28	306.28	235.84	165.46	165.46
Additional Paid-In Capital	750.48	750.48	747.49	834.56	674.31	770.48
Retained Earnings	-155.52	-189.75	89.73	359.15	325.59	294.4
Treasury Stock	-61.37	-61.37	-45.09	-70.69	-70.69	-
Comprehensive Income & Other	-6.05	-6.01	-2.11	-2.88	0.09	-3.84
Total Common Equity	833.81	799.63	1,096	1,356	1,095	1,226
Minority Interest	9.98	5.15	3.28	3.65	1.72	14.94
Shareholders' Equity	843.8	804.79	1,100	1,360	1,096	1,241
Total Liabilities & Equity	1,248	3,164	3,915	1,630	1,312	1,522
Total Debt	291.54	420.45	1,711	163.18	80.63	135
Net Cash (Debt)	-3.99	-261.01	-1,072	808.23	560.64	771.71
Net Cash Growth	-	-	-	44.16%	-27.35%	3767.20%
Net Cash Per Share	-0.01	-0.86	-3.50	2.89	2.06	3.09
Filing Date Shares Outstanding	302.68	302.68	304.01	303.56	275.68	275.68
Total Common Shares Outstanding	302.68	302.68	304.01	303.56	275.68	275.68
Working Capital	489.28	591.67	-632.41	1,001	759.57	964.58
Book Value Per Share	2.75	2.64	3.61	4.47	3.97	4.45
Tangible Book Value	680.12	655.17	979.81	1,266	1,024	1,183
Tangible Book Value Per Share	2.25	2.16	3.22	4.17	3.71	4.29
Buildings	-	183.01	178.49	195.78	195.78	197.39
Machinery	-	79.62	393.24	72.06	69.46	56.27
Construction In Progress	-	2.38	1,246	-	0.67	0.72

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