SHA:688057 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	1,898	1,885	1,787	1,728	2,144	2,324
Trading Asset Securities	331.28	279.49	244.57	264.64	-	-
Cash & Short-Term Investments	2,230	2,165	2,032	1,992	2,144	2,324
Cash Growth	6.13%	6.52%	1.99%	-7.06%	-7.75%	394.69%
Accounts Receivable	795.74	876.88	927.77	1,175	966.45	721.49
Other Receivables	49.1	50.9	30.28	24.3	13.14	0.93
Receivables	844.85	927.78	958.05	1,199	979.59	722.42
Inventory	48.35	51	51.94	69.98	125.81	149.44
Prepaid Expenses	-	-	-	2.21	-	0.01
Other Current Assets	43.14	49.28	39.94	32	12.14	26.82
Total Current Assets	3,166	3,193	3,082	3,296	3,261	3,222
Property, Plant & Equipment	91.17	100.31	129.5	148.65	119.94	119.22
Long-Term Investments	36.4	35.85	31.5	27.49	19.95	11.65
Other Intangible Assets	156.05	163.81	162.41	165.89	168.8	163.88
Long-Term Accounts Receivable	-	9.84	8.25	12.75	27.51	5.69
Long-Term Deferred Tax Assets	73.15	70.43	68.3	66.88	60.55	61.57
Long-Term Deferred Charges	3.16	1.98	1.32	4.97	6.8	18
Other Long-Term Assets	24.27	20.35	21.66	22.81	23.47	24.94
Total Assets	3,550	3,595	3,505	3,745	3,688	3,627
Accounts Payable	135.85	117.21	154.05	206.64	219.69	255.75
Accrued Expenses	7.89	74.21	75.56	110.49	98.58	86.54
Short-Term Debt	150.09	150.11	-	35.04	-	-
Current Portion of Long-Term Debt	24.05	20.1	17.53	13.15	8.48	7.48
Current Portion of Leases	-	1.32	2.86	2.73	2.6	-
Current Income Taxes Payable	4.68	2.21	2.84	16.45	14.76	14.26
Current Unearned Revenue	8.8	9.59	21.43	21.28	40.73	74.44
Other Current Liabilities	2.68	1.28	1.42	1.4	3.22	1.85
Total Current Liabilities	334.04	376.06	275.68	407.19	388.06	440.31
Long-Term Debt	7	11.24	17.49	25.14	32.99	36.7
Long-Term Leases	-	-	2.24	5.1	7.83	-
Long-Term Unearned Revenue	8.88	9.2	9.64	10.07	10.51	10.94
Long-Term Deferred Tax Liabilities	-	0.19	0.71	-	-	-
Other Long-Term Liabilities	12.11	12.01	16.07	25.58	27.32	26.71
Total Liabilities	362.02	408.7	321.84	473.08	466.71	514.66
Common Stock	276	276	276	276	276	276
Additional Paid-In Capital	1,867	1,867	1,867	1,866	1,866	1,865
Retained Earnings	988.98	982.51	983.67	1,077	1,049	941.85
Comprehensive Income & Other	22.68	26.34	21	16.02	-5.94	-2.12
Total Common Equity	3,154	3,152	3,147	3,235	3,185	3,081
Minority Interest	33.79	34.87	35.58	37.34	36.2	32.14
Shareholders' Equity	3,188	3,186	3,183	3,272	3,221	3,113
Total Liabilities & Equity	3,550	3,595	3,505	3,745	3,688	3,627
Total Debt	181.14	182.78	40.12	81.16	51.89	44.17
Net Cash (Debt)	2,049	1,982	1,992	1,911	2,092	2,279
Net Cash Growth	7.06%	-0.51%	4.23%	-8.63%	-8.24%	527.38%
Net Cash Per Share	7.48	7.24	7.18	6.92	7.58	10.71
Filing Date Shares Outstanding	276	276	276	276	276	276
Total Common Shares Outstanding	276	276	276	276	276	276
Working Capital	2,832	2,817	2,806	2,889	2,873	2,782
Book Value Per Share	11.43	11.42	11.40	11.72	11.54	11.16
Tangible Book Value	2,998	2,988	2,985	3,069	3,016	2,917
Tangible Book Value Per Share	10.86	10.83	10.82	11.12	10.93	10.57
Buildings	-	82.91	82.91	83.36	44.04	48.45
Machinery	-	113.53	118.15	124.34	130.69	128.54
Construction In Progress	-	0.4	10.09	8.81	6.92	3.31

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