SHA:603992 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	626.51	500.13	903.58	1,104	566.34	719.7
Trading Asset Securities	996.11	1,263	728.67	416.29	12.67	258.34
Cash & Short-Term Investments	1,623	1,763	1,632	1,521	579.01	978.03
Cash Growth	-0.09%	8.00%	7.35%	162.61%	-40.80%	-2.89%
Accounts Receivable	504.48	595.88	627.11	574.57	713.57	432.41
Other Receivables	10.1	14.35	14.14	32.08	82.52	11.13
Receivables	514.58	610.24	641.25	606.64	796.09	443.54
Inventory	404.82	289.66	314.08	368.95	530.81	271.17
Prepaid Expenses	-	-	-	0	-	-
Other Current Assets	33.48	26.62	44.29	14.9	13.59	40.35
Total Current Assets	2,575	2,689	2,632	2,511	1,919	1,733
Property, Plant & Equipment	1,321	1,225	1,203	1,393	1,606	834.74
Long-Term Investments	3.09	3.17	3.05	4.09	3.39	-
Goodwill	84.52	82.27	82.27	82.27	92.42	-
Other Intangible Assets	264.59	265.26	230.37	270.07	281.7	73.16
Long-Term Accounts Receivable	-	1.47	1.72	5.9	3.18	-
Long-Term Deferred Tax Assets	54.45	35.74	34.08	15.27	13.4	7.92
Long-Term Deferred Charges	46.04	40.51	46.33	93.55	79.76	29.46
Other Long-Term Assets	27.65	21.78	19.92	41.57	36.18	43.08
Total Assets	4,377	4,364	4,252	4,417	4,036	2,721
Accounts Payable	514.02	397.97	380.36	448.46	513.36	360.09
Accrued Expenses	92.88	158.24	170.67	181.22	192.77	141.27
Short-Term Debt	21.02	-	45.47	38.54	134.84	-
Current Portion of Leases	0.77	0.7	7.71	21.53	34.81	-
Current Income Taxes Payable	16.9	23.85	7.19	6.5	14.71	19.36
Current Unearned Revenue	66.44	39.56	77.7	89	97.51	47.09
Other Current Liabilities	97.33	187.07	310.93	151.7	200.94	140.08
Total Current Liabilities	809.36	807.38	1,000	936.96	1,189	707.89
Long-Term Debt	245.52	310.91	595.44	573.72	-	-
Long-Term Leases	13.48	14.35	26.68	153.69	366.58	-
Long-Term Unearned Revenue	14.76	16.96	20.02	20.33	14.92	7.21
Long-Term Deferred Tax Liabilities	36.17	36.36	38.41	40.46	42.51	-
Other Long-Term Liabilities	-	3.68	-	313.6	-	-
Total Liabilities	1,119	1,190	1,681	2,039	1,613	715.1
Common Stock	432.9	428.47	407.99	401.01	401.01	401.01
Additional Paid-In Capital	1,406	1,309	962.02	686.09	999.69	999.69
Retained Earnings	1,488	1,489	1,230	1,057	825.88	605.98
Treasury Stock	-64.74	-66.71	-60.26	-	-	-
Comprehensive Income & Other	-4.28	14.5	31.56	31.56	-0.3	-0.34
Total Common Equity	3,258	3,174	2,572	2,175	2,226	2,006
Minority Interest	-	-	-	203.06	196.43	-
Shareholders' Equity	3,258	3,174	2,572	2,378	2,423	2,006
Total Liabilities & Equity	4,377	4,364	4,252	4,417	4,036	2,721
Total Debt	280.78	325.97	675.3	787.49	536.23	-
Net Cash (Debt)	1,342	1,437	956.95	733.04	42.78	978.03
Net Cash Growth	34.34%	50.15%	30.55%	1613.67%	-95.63%	-2.89%
Net Cash Per Share	3.00	3.22	2.50	1.82	0.11	2.42
Filing Date Shares Outstanding	440.12	405.39	407.99	401.01	401.01	401.01
Total Common Shares Outstanding	440.12	405.39	401.01	401.01	401.01	401.01
Working Capital	1,766	1,882	1,632	1,574	730.55	1,025
Book Value Per Share	7.40	7.83	6.41	5.42	5.55	5.00
Tangible Book Value	2,909	2,827	2,259	1,823	1,852	1,933
Tangible Book Value Per Share	6.61	6.97	5.63	4.55	4.62	4.82
Buildings	-	943.91	820.92	850.77	683.57	548.52
Machinery	-	942.01	929.5	947.46	885.99	558.95
Construction In Progress	-	148.03	172.27	111.2	243.24	143.98

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