FRA:3SH 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	Jun '25 Jun 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	3.41	13.08	97.45	532.62	55.71	226.75
Trading Asset Securities	-	-	-	-	-	10.34
Accounts Receivable	909.16	1,754	1,677	902.88	833.65	1,409
Other Receivables	880.29	39.74	110.19	1,080	2,132	1,872
Inventory	-	-	-	-	-	116.32
Prepaid Expenses	0.27	0.22	0.23	0.26	0.96	8
Loans Receivable Current	41.01	-	-	79.69	46.7	81.04
Other Current Assets	113.69	112.29	132.06	784.53	1,392	131.48
Total Current Assets	1,948	1,919	2,017	3,380	4,461	3,855
Property, Plant & Equipment	993.5	1,040	1,128	1,492	2,014	5,064
Other Intangible Assets	14.81	18.38	35.85	111.32	126.55	2.41
Long-Term Investments	41.81	40.1	38.45	36.65	37.11	35.97
Long-Term Accounts Receivable	-	-	-	-	-	346.66
Other Long-Term Assets	36.7	36.33	30.4	38.39	168.59	404.05
Total Assets	3,035	3,053	3,250	5,059	6,807	9,708
Accounts Payable	6.49	2.69	1.36	6.21	7.99	113.87
Accrued Expenses	1,828	1,710	881.48	803	550.94	627.52
Short-Term Debt	37.54	37.54	71.54	547.49	1,588	2,107
Current Portion of Long-Term Debt	2,594	2,562	2,628	3,812	2,429	3,419
Current Unearned Revenue	-	-	-	-	-	12.83
Current Portion of Leases	13.7	13.24	12.87	14.92	14.49	17.19
Current Income Taxes Payable	-	-	-	-	0.72	8.14
Other Current Liabilities	181.28	181.44	191.68	221.13	1,139	587.92
Total Current Liabilities	4,661	4,507	3,787	5,405	5,731	6,894
Long-Term Debt	392.6	444.16	493.85	631.87	1,888	2,712
Long-Term Leases	10.01	10.95	14.84	20.62	13.23	15.69
Long-Term Deferred Tax Liabilities	-	-	-	-	-	3.56
Other Long-Term Liabilities	90.25	-	419.82	-	-	-
Total Liabilities	5,154	4,962	4,716	6,057	7,632	9,625
Common Stock	41.64	41.64	41.64	41.64	40.76	40.76
Additional Paid-In Capital	6,079	-	-	6,079	6,076	6,076
Retained Earnings	-7,909	-	-	-7,017	-6,843	-6,386
Comprehensive Income & Other	-393.42	-2,014	-1,578	-194.31	-194.32	-1,205
Total Common Equity	-2,182	-1,972	-1,537	-1,091	-919.87	-1,474
Minority Interest	62.64	63.5	70.47	92.05	94.6	1,557
Shareholders' Equity	-2,119	-1,909	-1,466	-998.69	-825.27	83.05
Total Liabilities & Equity	3,035	3,053	3,250	5,059	6,807	9,708
Total Debt	3,048	3,067	3,221	5,027	5,933	8,272
Net Cash (Debt)	-3,044	-3,054	-3,124	-4,495	-5,877	-8,035
Net Cash Per Share	-0.60	-0.60	-0.61	-0.90	-1.18	-1.61
Filing Date Shares Outstanding	5,082	5,082	5,082	5,082	4,982	4,982
Total Common Shares Outstanding	5,082	5,082	5,082	5,082	4,982	4,982
Working Capital	-2,713	-2,588	-1,771	-2,025	-1,270	-3,039
Book Value Per Share	-0.43	-0.39	-0.30	-0.21	-0.18	-0.30
Tangible Book Value	-2,197	-1,990	-1,572	-1,202	-1,046	-1,477
Tangible Book Value Per Share	-0.43	-0.39	-0.31	-0.24	-0.21	-0.30
Buildings	-	-	-	-	-	72.54
Machinery	-	1,738	1,737	2,131	2,866	7,169
Construction In Progress	-	57.54	58.74	59.51	62.4	103.93

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