SHA:600121 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	2,695	3,059	2,741	3,816	3,072	3,809
Cash & Short-Term Investments	2,695	3,059	2,741	3,816	3,072	3,809
Cash Growth	-19.19%	11.58%	-28.16%	24.21%	-19.33%	8.09%
Accounts Receivable	1,316	1,096	1,261	1,144	1,482	1,584
Other Receivables	84.69	77.18	77.33	73.52	52.81	531.26
Receivables	1,401	1,174	1,338	1,218	1,535	2,115
Inventory	88.24	84.92	121.69	167.08	236.63	290.23
Other Current Assets	105.8	62	72.6	41.76	64.98	81.39
Total Current Assets	4,290	4,379	4,274	5,243	4,909	6,296
Property, Plant & Equipment	7,339	7,286	7,040	6,698	6,522	6,000
Long-Term Investments	760.04	887.93	462.95	453.07	519.57	511.46
Other Intangible Assets	265.62	285.55	323.04	349.59	377.28	403.78
Long-Term Deferred Tax Assets	158.28	155.7	165.13	161.18	146.5	180.88
Long-Term Deferred Charges	23.67	18.93	6.06	8.12	10.62	13.12
Other Long-Term Assets	944.29	950.29	991.69	1,008	1,030	1,048
Total Assets	13,780	13,964	13,263	13,921	13,514	14,452
Accounts Payable	4,805	5,259	5,196	5,611	5,095	6,233
Accrued Expenses	445.94	431.09	542.58	660.56	575.25	580.76
Short-Term Debt	2,859	2,605	2,166	2,586	2,996	3,041
Current Portion of Long-Term Debt	195.37	79.7	0.2	-	-	-
Current Portion of Leases	-	152.52	51.38	1.88	1.88	99.49
Current Income Taxes Payable	71.66	25.26	55.98	69.67	69.64	59.89
Current Unearned Revenue	138.02	112.65	152.86	278.73	138.81	108.31
Other Current Liabilities	1,256	1,127	1,288	1,200	1,327	1,375
Total Current Liabilities	9,771	9,793	9,453	10,407	10,204	11,497
Long-Term Debt	67.58	-	79.7	-	-	-
Long-Term Leases	148.33	136.56	57.87	3.25	4.81	-
Long-Term Unearned Revenue	3.08	3.02	3.54	4.07	4.5	-
Long-Term Deferred Tax Liabilities	132.54	132.87	138.55	139.76	121.36	123.58
Other Long-Term Liabilities	722.95	736.57	726.21	690.16	653.26	265.62
Total Liabilities	10,845	10,802	10,458	11,244	10,988	11,886
Common Stock	1,218	1,218	1,218	1,218	1,218	1,218
Additional Paid-In Capital	228.8	228.8	227.89	227.42	224.66	224.54
Retained Earnings	-310.13	72.07	-210.59	-242.57	-294.46	-90.44
Comprehensive Income & Other	395.71	359.29	369.7	428.71	433.61	457.57
Total Common Equity	1,533	1,879	1,605	1,632	1,582	1,810
Minority Interest	1,402	1,283	1,199	1,045	943.98	756.48
Shareholders' Equity	2,935	3,162	2,804	2,677	2,526	2,567
Total Liabilities & Equity	13,780	13,964	13,263	13,921	13,514	14,452
Total Debt	3,271	2,974	2,355	2,591	3,003	3,140
Net Cash (Debt)	-575.34	84.9	386.3	1,225	69.33	668.22
Net Cash Growth	-	-78.02%	-68.47%	1667.28%	-89.62%	155.91%
Net Cash Per Share	-0.47	0.07	0.32	1.01	0.06	0.55
Filing Date Shares Outstanding	1,218	1,218	1,218	1,218	1,218	1,218
Total Common Shares Outstanding	1,218	1,218	1,218	1,218	1,218	1,218
Working Capital	-5,481	-5,414	-5,178	-5,164	-5,296	-5,201
Book Value Per Share	1.26	1.54	1.32	1.34	1.30	1.49
Tangible Book Value	1,267	1,593	1,282	1,282	1,205	1,406
Tangible Book Value Per Share	1.04	1.31	1.05	1.05	0.99	1.15
Buildings	-	6,168	6,209	5,913	5,112	4,571
Machinery	-	6,578	6,621	6,648	6,270	6,084
Construction In Progress	-	1,737	1,261	1,115	1,764	1,709

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