SHA:600203 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	1,326	1,395	1,621	1,547	2,553	1,591
Short-Term Investments	-	31.71	426.64	467.96	50.68	-
Trading Asset Securities	3.5	-	-	10.09	0.16	43.24
Cash & Short-Term Investments	1,329	1,427	2,048	2,025	2,603	1,634
Cash Growth	-12.73%	-30.33%	1.13%	-22.23%	59.32%	-7.03%
Accounts Receivable	2,583	2,096	2,052	2,337	3,087	2,297
Other Receivables	42.03	172.03	121.84	135.33	426.72	41.57
Receivables	2,625	2,268	2,174	2,472	3,514	2,339
Inventory	1,875	1,569	1,055	1,436	2,849	1,296
Other Current Assets	422.48	124.54	142.89	259.23	337.14	587.23
Total Current Assets	6,252	5,388	5,419	6,192	9,304	5,856
Property, Plant & Equipment	1,092	951.14	996.22	1,114	1,044	703.79
Long-Term Investments	254.26	495.34	389.87	596.06	848.32	20.09
Goodwill	369.04	369.04	449.25	484.84	525.1	547.67
Other Intangible Assets	186.26	215.76	247.04	263.9	244.66	251.48
Long-Term Accounts Receivable	64.14	70.81	81.15	86.09	9.47	-
Long-Term Deferred Tax Assets	76.17	82.37	92.12	110.97	127.46	120.28
Long-Term Deferred Charges	172.26	152.18	111.78	106	109.72	179.25
Other Long-Term Assets	66.36	11.45	7.57	16.63	46.76	536.1
Total Assets	8,533	7,736	7,794	8,971	12,260	8,215
Accounts Payable	2,675	2,166	2,205	2,620	4,721	3,409
Accrued Expenses	173.97	350.76	271.3	258.73	299.65	156.23
Short-Term Debt	2,484	2,148	1,689	2,025	1,722	979.57
Current Portion of Long-Term Debt	223.71	431.12	438.82	60.2	2.57	-
Current Portion of Leases	-	112.55	82.01	128.1	136.06	-
Current Income Taxes Payable	36.44	1.01	14.27	4.6	8.06	0.54
Current Unearned Revenue	161.73	243.12	176.27	191.04	1,187	230.95
Other Current Liabilities	237.92	125.54	127.33	174.03	263.09	366.48
Total Current Liabilities	5,993	5,578	5,004	5,462	8,340	5,143
Long-Term Debt	359.44	100	440.5	780.8	210.1	190.3
Long-Term Leases	328.58	276.79	165.02	249.8	191.89	29.37
Long-Term Unearned Revenue	27.28	32.13	23.08	19.88	13.97	16.64
Long-Term Deferred Tax Liabilities	6.53	5.54	3.87	8.72	4.37	13.7
Other Long-Term Liabilities	7.25	12.27	18.53	15.85	12.12	3.25
Total Liabilities	6,722	6,005	5,655	6,537	8,772	5,396
Common Stock	592.99	592.99	592.99	592.99	592.99	456.45
Additional Paid-In Capital	2,237	2,237	2,237	2,262	2,513	1,619
Retained Earnings	-1,100	-1,175	-790.84	-504.53	-193.58	40.22
Comprehensive Income & Other	2.91	1.41	0.93	0.23	-2.32	-6.77
Total Common Equity	1,734	1,657	2,040	2,351	2,910	2,109
Minority Interest	77.23	74.25	98.54	82.83	577.51	709.83
Shareholders' Equity	1,811	1,731	2,139	2,434	3,488	2,819
Total Liabilities & Equity	8,533	7,736	7,794	8,971	12,260	8,215
Total Debt	3,396	3,068	2,816	3,244	2,263	1,199
Net Cash (Debt)	-2,067	-1,641	-768.3	-1,219	340.46	434.78
Net Cash Growth	-	-	-	-	-21.69%	-22.88%
Net Cash Per Share	-3.48	-2.77	-1.30	-2.06	0.73	0.87
Filing Date Shares Outstanding	592.99	592.99	592.99	592.99	592.99	456.45
Total Common Shares Outstanding	592.99	592.99	592.99	592.99	592.99	456.45
Working Capital	259.5	-190.44	414.98	730.33	964.18	713.67
Book Value Per Share	2.92	2.79	3.44	3.96	4.91	4.62
Tangible Book Value	1,178	1,072	1,344	1,602	2,140	1,310
Tangible Book Value Per Share	1.99	1.81	2.27	2.70	3.61	2.87
Buildings	-	504.8	504.81	503.55	272.41	272.41
Machinery	-	937.99	937.32	980.86	869.57	696.34
Construction In Progress	-	6.4	22.47	7.83	129.52	74.3

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