SHA:900929 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	125.33	90.83	131.69	134.79	193.15	197.88
Short-Term Investments	-	3.88	3.41	-	-	-
Trading Asset Securities	-	-	-	-	-	0.01
Cash & Short-Term Investments	125.33	94.71	135.1	134.79	193.15	197.88
Cash Growth	-3.93%	-29.90%	0.23%	-30.21%	-2.39%	-22.25%
Accounts Receivable	109.18	150.61	128.76	64.71	52.39	44.63
Other Receivables	7.83	1.31	2.94	0.82	0.85	1.74
Receivables	117.01	151.92	131.69	65.53	53.24	46.37
Inventory	-	0.14	0.17	0.25	0.34	0.38
Prepaid Expenses	-	-	-	-	0.67	-
Other Current Assets	181.85	87.33	71.61	17.32	27.22	23.29
Total Current Assets	424.19	334.1	338.58	217.89	274.62	267.92
Property, Plant & Equipment	14.15	11.85	13.06	10.18	8.5	10.36
Long-Term Investments	836.18	940.46	709.38	592.57	581.63	576.91
Goodwill	0.63	0.63	0.63	0.63	0.63	0.63
Other Intangible Assets	8.89	8.38	8.27	3.65	5.31	3.93
Long-Term Deferred Tax Assets	10.02	10.15	8.01	6.28	6.87	7.4
Long-Term Deferred Charges	0.16	0.31	0.77	1.41	1.77	2.53
Other Long-Term Assets	147.68	150.98	143.85	149.12	152.58	157.85
Total Assets	1,442	1,457	1,223	981.73	1,032	1,028
Accounts Payable	141.9	103.61	81.06	49.72	45.29	49.88
Accrued Expenses	7.3	35.27	34.74	51.44	36.86	51.86
Current Portion of Leases	6.87	5.57	5.21	0.09	0.17	-
Current Income Taxes Payable	8.41	-	0.03	0.03	0	1.17
Current Unearned Revenue	149.88	122.09	143.81	83.1	80.85	56.54
Other Current Liabilities	38.21	31.55	36.32	32.68	38.88	41.27
Total Current Liabilities	362.58	298.09	301.17	217.06	202.05	200.72
Long-Term Leases	1.3	0.27	-	-	0.09	-
Pension & Post-Retirement Benefits	30.6	32.4	90.14	72.71	77.18	77.31
Long-Term Deferred Tax Liabilities	61.06	86.68	29.51	-	-	-
Total Liabilities	475.54	417.44	420.82	289.77	279.31	278.03
Common Stock	132.56	132.56	132.56	132.56	132.56	132.56
Additional Paid-In Capital	194.49	194.49	194.49	199.95	199.95	199.95
Retained Earnings	455.92	451.5	391.89	369.54	446.86	447.2
Comprehensive Income & Other	186.95	263.66	86.25	-5.79	-23.44	-31.23
Total Common Equity	969.92	1,042	805.18	696.26	755.92	748.47
Minority Interest	-3.58	-2.79	-3.45	-4.3	-3.32	1.01
Shareholders' Equity	966.34	1,039	801.73	691.96	752.6	749.48
Total Liabilities & Equity	1,442	1,457	1,223	981.73	1,032	1,028
Total Debt	38.17	5.84	5.21	0.09	0.26	-
Net Cash (Debt)	87.16	88.87	129.89	134.7	192.89	197.88
Net Cash Growth	-19.69%	-31.58%	-3.57%	-30.17%	-2.52%	-22.25%
Net Cash Per Share	0.66	0.67	0.98	1.02	1.45	1.49
Filing Date Shares Outstanding	132.57	132.56	132.56	132.56	132.56	132.56
Total Common Shares Outstanding	132.57	132.56	132.56	132.56	132.56	132.56
Working Capital	61.61	36.01	37.41	0.83	72.57	67.2
Book Value Per Share	7.32	7.86	6.07	5.25	5.70	5.65
Tangible Book Value	960.41	1,033	796.28	691.98	749.98	743.92
Tangible Book Value Per Share	7.24	7.79	6.01	5.22	5.66	5.61
Buildings	-	11.57	11.57	11.57	11.57	11.57
Machinery	-	6.88	6.63	17.14	17.03	18.65
Construction In Progress	-	-	0.64	3.05	0.6	1.74

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