CZASF 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	872.94	573.09	744.86	734.09	208.77	395.12
Short-Term Investments	292.07	240.74	387.35	399.94	889.58	953.39
Trading Asset Securities	56.35	56.48	84.29	89.97	122.59	250
Cash & Short-Term Investments	1,221	870.3	1,216	1,224	1,221	1,599
Cash Growth	38.89%	-28.46%	-0.61%	0.25%	-23.62%	-46.40%
Accounts Receivable	980.34	1,145	941.95	907.44	1,005	1,054
Other Receivables	4,132	4,327	4,146	3,261	3,235	3,101
Receivables	5,113	5,472	5,088	4,169	4,240	4,155
Inventory	3,599	3,307	3,772	4,064	2,649	1,802
Other Current Assets	3,711	5,672	4,350	4,373	4,681	6,400
Total Current Assets	13,644	15,321	14,426	13,830	12,791	13,955
Property, Plant & Equipment	8,052	8,412	8,564	8,373	8,605	9,135
Long-Term Investments	557.46	551.57	871.02	960.29	533.37	551.89
Goodwill	494.85	534.64	566.74	566.74	566.74	693.79
Other Intangible Assets	2,159	2,303	2,540	2,705	2,632	2,980
Long-Term Deferred Tax Assets	771.97	703.45	758.01	673.05	616.63	442.78
Other Long-Term Assets	1,435	1,393	1,789	624.63	385.71	237.92
Total Assets	27,115	29,218	29,515	27,733	26,130	27,996
Accounts Payable	3,289	3,896	4,111	3,840	3,932	1,729
Accrued Expenses	-	2.65	12.85	0.42	-	23.34
Short-Term Debt	14,632	17,421	14,183	11,015	12,730	7,285
Current Portion of Long-Term Debt	-	159.29	2,095	1,219	2,413	2,837
Current Portion of Leases	263.68	284.24	319.64	363.49	309.48	529.62
Current Income Taxes Payable	301.17	348.71	391.17	394.66	414.38	387.75
Current Unearned Revenue	1,215	948.92	935.9	1,215	1,150	916.29
Other Current Liabilities	511.3	593.72	595.67	863.53	892.56	3,732
Total Current Liabilities	20,212	23,654	22,644	18,911	21,841	17,440
Long-Term Debt	3,315	2,420	3,488	6,440	1,519	2,883
Long-Term Leases	981.69	1,060	960.31	981.07	1,169	1,161
Long-Term Deferred Tax Liabilities	867.86	899.58	970.8	989.26	839.61	946.55
Other Long-Term Liabilities	91.77	115.02	164.1	186.65	219.77	251.66
Total Liabilities	25,469	28,148	28,228	27,508	25,589	22,683
Common Stock	901.39	290.23	246.39	235.2	235.2	231.27
Additional Paid-In Capital	-	6,410	6,399	6,354	6,347	6,327
Retained Earnings	-	-9,274	-7,566	-7,962	-6,378	-3,072
Comprehensive Income & Other	-880.07	2,218	1,282	1,566	304.56	621.29
Total Common Equity	21.33	-356.68	361.83	193.39	508.43	4,108
Minority Interest	1,625	1,426	925.23	31.06	32.19	1,205
Shareholders' Equity	1,646	1,070	1,287	224.44	540.62	5,313
Total Liabilities & Equity	27,115	29,218	29,515	27,733	26,130	27,996
Total Debt	19,193	21,344	21,047	20,018	18,141	14,697
Net Cash (Debt)	-17,971	-20,473	-19,830	-18,794	-16,920	-13,098
Net Cash Per Share	-4.72	-6.71	-7.10	-6.91	-6.25	-5.11
Filing Date Shares Outstanding	10,016	3,347	2,867	2,745	2,745	2,697
Total Common Shares Outstanding	10,016	3,347	2,867	2,745	2,745	2,697
Working Capital	-6,568	-8,333	-8,218	-5,081	-9,050	-3,485
Book Value Per Share	-0.24	-0.69	-0.23	0.07	0.19	1.52
Tangible Book Value	-2,633	-3,194	-2,745	-3,078	-2,690	434.71
Tangible Book Value Per Share	-0.50	-1.54	-1.31	-1.12	-0.98	0.16
Buildings	-	5,329	4,303	4,192	4,181	4,462
Machinery	-	1,082	1,088	1,120	1,461	1,362
Construction In Progress	-	1,324	2,369	2,145	1,768	1,799
Leasehold Improvements	-	116.59	116.59	94.17	94.05	93.84

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