SHA:600322 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	184.25	407.92	237.64	181.6	641.97	834.15
Cash & Short-Term Investments	184.25	407.92	237.64	181.6	641.97	834.15
Cash Growth	-24.39%	71.66%	30.86%	-71.71%	-23.04%	43.95%
Accounts Receivable	1,565	1,556	2,187	0.25	0.1	0.09
Other Receivables	75.67	160.27	190.23	88.8	26.33	31.14
Receivables	1,641	1,716	2,377	89.05	26.43	31.23
Inventory	8,760	9,252	10,556	13,730	15,465	18,376
Prepaid Expenses	-	210.22	296.52	9.94	379.95	399.32
Other Current Assets	658.02	384.36	426.29	676.07	384.05	565.11
Total Current Assets	11,243	11,970	13,894	14,687	16,898	20,205
Property, Plant & Equipment	21.21	23.18	29.75	33.69	70.25	77.44
Long-Term Investments	416.36	422.97	445.99	445.93	435.45	756.81
Goodwill	-	-	-	-	10.55	10.55
Other Intangible Assets	4.81	4.92	5.06	5.21	5.35	5.49
Long-Term Deferred Tax Assets	0.18	1.36	2.28	1.53	2.02	12.77
Long-Term Deferred Charges	0.46	0.76	1.16	1.56	2.46	3.37
Other Long-Term Assets	999.92	1,040	1,230	1,382	1,493	1,872
Total Assets	12,686	13,464	15,608	16,556	18,917	22,944
Accounts Payable	1,166	1,335	1,862	1,827	1,455	1,373
Accrued Expenses	379.44	429.81	604.9	416.7	346.11	379.51
Short-Term Debt	584.47	290.97	414.08	429.69	285.02	324.99
Current Portion of Long-Term Debt	2,053	3,012	3,510	5,265	4,852	5,184
Current Income Taxes Payable	124.48	10.47	9.71	10.19	3.47	3.65
Current Unearned Revenue	337.03	491.89	1,286	1,552	3,466	4,122
Other Current Liabilities	2,854	2,817	3,454	3,889	3,418	3,307
Total Current Liabilities	7,499	8,387	11,141	13,389	13,824	14,694
Long-Term Debt	5,495	4,561	3,707	2,391	3,982	5,630
Long-Term Unearned Revenue	-	-	-	-	8.02	8.02
Long-Term Deferred Tax Liabilities	-	-	1.82	1.82	1.82	1.82
Other Long-Term Liabilities	18.44	20.24	26.89	27.51	47.48	14.11
Total Liabilities	13,012	12,968	14,877	15,809	17,864	20,348
Common Stock	1,106	1,106	1,106	1,106	1,106	1,106
Additional Paid-In Capital	2,401	2,401	2,401	2,401	2,401	2,205
Retained Earnings	-4,273	-3,484	-3,274	-3,312	-3,016	-1,172
Comprehensive Income & Other	-4.22	-5.17	-0.5	-0.5	-0.5	-0.5
Total Common Equity	-770.86	16.91	231.91	194.14	490.2	2,139
Minority Interest	444.15	479.04	499.64	552.55	562.98	457.32
Shareholders' Equity	-326.71	495.95	731.55	746.69	1,053	2,596
Total Liabilities & Equity	12,686	13,464	15,608	16,556	18,917	22,944
Total Debt	8,133	7,863	7,631	8,085	9,119	11,139
Net Cash (Debt)	-7,949	-7,455	-7,394	-7,904	-8,477	-10,304
Net Cash Per Share	-7.19	-6.74	-6.70	-7.15	-7.67	-9.32
Filing Date Shares Outstanding	1,106	1,106	1,106	1,106	1,106	1,106
Total Common Shares Outstanding	1,106	1,106	1,106	1,106	1,106	1,106
Working Capital	3,744	3,584	2,753	1,297	3,073	5,512
Book Value Per Share	-0.70	0.02	0.21	0.18	0.44	1.93
Tangible Book Value	-775.67	11.99	226.85	188.93	474.3	2,123
Tangible Book Value Per Share	-0.70	0.01	0.21	0.17	0.43	1.92
Buildings	-	86.43	101.89	105.11	182.22	184.93
Machinery	-	20.99	21.07	20.89	82.56	83.39

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