SHA:600238 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	30.77	16.29	39.68	23.14	91.3	220.07
Cash & Short-Term Investments	30.77	16.29	39.68	23.14	91.3	220.07
Cash Growth	97.09%	-58.94%	71.50%	-74.66%	-58.51%	67.25%
Accounts Receivable	46.2	42.57	68.49	122.06	94.63	89.65
Other Receivables	26.67	21.14	25.39	63.25	67.94	59.29
Receivables	72.87	63.71	93.88	185.31	162.57	148.94
Inventory	310.16	266.61	276.18	321.58	306.75	234.68
Prepaid Expenses	-	-	-	-	-	1.26
Other Current Assets	53.39	85.3	139.6	100.13	147.86	44.8
Total Current Assets	502.08	461.25	573.25	630.17	708.48	649.75
Property, Plant & Equipment	162.71	171.05	176.73	189.57	221.2	197.02
Long-Term Investments	175.81	177.51	185.27	223.09	221.67	254.83
Other Intangible Assets	16.63	17.28	19.45	20.66	72.83	25.93
Long-Term Accounts Receivable	-	-	-	14.76	-	-
Long-Term Deferred Tax Assets	42.54	39.82	69.07	81.24	52.32	51.62
Long-Term Deferred Charges	1.17	0.49	0.68	6.92	0.54	0.44
Other Long-Term Assets	18.21	18.98	19.48	19.52	-	-
Total Assets	919.15	886.39	1,044	1,186	1,277	1,180
Accounts Payable	138.82	126.8	112.17	127.7	88.96	35.72
Accrued Expenses	24.15	35.92	31.23	46.67	41	37.91
Short-Term Debt	75.09	207.73	152.58	143.72	185.02	115.92
Current Portion of Long-Term Debt	63.46	32.86	29.52	123.11	21.23	124.23
Current Portion of Leases	-	1.58	2.02	7.32	3.68	-
Current Income Taxes Payable	16.27	2.08	2.08	3.36	2.1	8.17
Current Unearned Revenue	106.29	91.33	149.45	106.93	114.06	93.05
Other Current Liabilities	208.83	69.08	79.47	98.55	99.94	130.16
Total Current Liabilities	632.92	567.38	558.5	657.35	555.99	545.15
Long-Term Debt	75.8	105.86	131.46	11.4	117.87	-
Long-Term Leases	6.92	8.68	8.03	25.47	2	-
Long-Term Unearned Revenue	1.89	2.99	4.45	6.16	7.64	8.83
Long-Term Deferred Tax Liabilities	9.06	7.26	9.64	10.54	8.63	10.5
Other Long-Term Liabilities	56.43	55.44	55.32	62.33	58.06	53
Total Liabilities	783.03	747.61	767.41	773.25	750.19	617.48
Common Stock	448.2	448.2	448.2	448.2	448.2	448.2
Additional Paid-In Capital	109.85	109.85	109.85	90.88	127.49	127.49
Retained Earnings	-454.08	-447.2	-311.06	-161.9	-78.6	-18.46
Comprehensive Income & Other	-2.49	-2.5	-2.37	-2.04	-1.87	-1.95
Total Common Equity	101.49	108.36	244.63	375.15	495.22	555.27
Minority Interest	34.64	30.42	31.89	37.54	31.63	6.84
Shareholders' Equity	136.13	138.78	276.51	412.68	526.85	562.11
Total Liabilities & Equity	919.15	886.39	1,044	1,186	1,277	1,180
Total Debt	221.27	356.7	323.6	311.01	329.81	240.14
Net Cash (Debt)	-190.5	-340.41	-283.92	-287.88	-238.51	-20.08
Net Cash Per Share	-0.57	-0.75	-0.63	-0.63	-0.52	-0.04
Filing Date Shares Outstanding	448.2	448.2	448.2	448.2	448.2	448.2
Total Common Shares Outstanding	448.2	448.2	448.2	448.2	448.2	448.2
Working Capital	-130.84	-106.13	14.75	-27.18	152.48	104.6
Book Value Per Share	0.23	0.24	0.55	0.84	1.10	1.24
Tangible Book Value	84.86	91.08	225.18	354.49	422.39	529.34
Tangible Book Value Per Share	0.19	0.20	0.50	0.79	0.94	1.18
Buildings	-	196.86	196.86	186.39	203.54	188.07
Machinery	-	140.57	137.54	147.26	148.22	142.86
Construction In Progress	-	7.5	3.66	4.01	17.85	5.08

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