SHA:600325 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	34,685	33,206	46,320	53,292	49,994	43,642
Trading Asset Securities	23.82	21.67	21.88	23.98	40.89	209.65
Cash & Short-Term Investments	34,709	33,227	46,342	53,316	50,035	43,851
Cash Growth	17.00%	-28.30%	-13.08%	6.56%	14.10%	66.48%
Accounts Receivable	2,194	1,547	1,250	1,245	342.63	1,030
Other Receivables	1,847	1,704	1,794	1,430	1,497	1,032
Receivables	4,041	3,251	3,043	2,675	1,840	2,062
Inventory	225,854	247,950	275,032	243,553	217,378	211,375
Prepaid Expenses	-	12,609	11,402	-	7,078	5,421
Other Current Assets	64,927	51,998	51,288	52,159	36,357	29,791
Total Current Assets	329,530	349,034	387,106	351,703	312,687	292,501
Property, Plant & Equipment	6,550	6,429	6,124	4,730	4,290	1,154
Long-Term Investments	27,910	28,025	25,246	25,219	21,475	14,861
Other Intangible Assets	469.65	483.3	475.49	501.61	468.6	201
Long-Term Deferred Tax Assets	5,278	5,285	4,623	4,373	3,816	3,700
Long-Term Deferred Charges	157.79	175.84	191.7	197.37	153.93	407.58
Other Long-Term Assets	31,381	30,862	27,933	16,875	12,167	9,054
Total Assets	401,277	420,295	451,699	403,599	355,057	321,878
Accounts Payable	27,662	29,078	41,250	34,164	32,604	27,574
Accrued Expenses	1,093	3,930	4,594	4,762	4,502	4,896
Short-Term Debt	8,559	3,930	462.95	1,809	5,065	16,399
Current Portion of Long-Term Debt	16,137	19,919	24,704	25,204	22,080	29,773
Current Portion of Leases	-	122.08	100.81	170.47	149.08	-
Current Income Taxes Payable	-	1,477	1,615	1,309	1,600	1,404
Current Unearned Revenue	67,277	81,270	93,018	80,894	63,307	52,583
Other Current Liabilities	36,963	35,277	33,018	26,606	23,501	23,148
Total Current Liabilities	157,690	175,002	198,764	174,919	152,807	155,777
Long-Term Debt	103,964	101,868	103,478	118,298	105,179	102,544
Long-Term Leases	934.25	956.19	841.85	972.41	973.88	-
Long-Term Unearned Revenue	-	-	-	1.05	2.66	6.03
Long-Term Deferred Tax Liabilities	354.5	442.4	515.22	236.23	202.72	171.82
Other Long-Term Liabilities	16,821	17,038	16,401	-	-	-
Total Liabilities	279,764	295,307	320,000	294,427	259,166	258,499
Common Stock	2,752	2,752	2,752	2,117	2,117	2,117
Additional Paid-In Capital	1,136	1,401	3,719	684.02	926.72	708.07
Retained Earnings	15,349	15,588	15,655	14,889	13,713	11,833
Treasury Stock	-276.25	-	-	-0.02	-9.57	-22.26
Comprehensive Income & Other	20.78	3.38	50.43	1,771	4,072	6,350
Total Common Equity	18,982	19,744	22,177	19,461	20,819	20,987
Minority Interest	102,531	105,244	109,523	89,711	75,073	42,392
Shareholders' Equity	121,513	124,988	131,700	109,172	95,892	63,379
Total Liabilities & Equity	401,277	420,295	451,699	403,599	355,057	321,878
Total Debt	129,594	126,795	129,588	146,454	133,447	148,716
Net Cash (Debt)	-94,885	-93,568	-83,246	-93,138	-83,412	-104,865
Net Cash Per Share	-36.60	-34.43	-35.78	-40.68	-34.99	-41.92
Filing Date Shares Outstanding	1,942	2,752	2,752	2,117	2,117	2,117
Total Common Shares Outstanding	1,942	2,752	2,752	2,117	2,117	2,117
Working Capital	171,840	174,032	188,342	176,784	159,880	136,724
Book Value Per Share	9.77	7.17	8.06	8.30	8.00	6.99
Tangible Book Value	18,512	19,261	21,701	18,959	20,350	20,786
Tangible Book Value Per Share	9.53	7.00	7.89	8.06	7.78	6.90
Buildings	-	5,767	5,396	3,093	2,917	847.28
Machinery	-	486.25	470.22	500.8	328.81	320.17
Construction In Progress	-	76.68	37.21	593.78	246.17	324.1

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