SHA:600389 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	986.64	1,132	2,526	2,073	1,243	847.84
Trading Asset Securities	475.82	231.76	0.24	1.75	12.42	0.31
Cash & Short-Term Investments	1,462	1,364	2,526	2,075	1,256	848.15
Cash Growth	-38.88%	-45.99%	21.73%	65.26%	48.03%	27.99%
Accounts Receivable	567.48	677.33	373.63	1,010	966.68	878.58
Other Receivables	4.41	23.6	9.64	4.4	1.44	5.1
Receivables	571.89	700.93	383.27	1,014	968.11	933.68
Inventory	674.74	928.71	816.92	1,011	1,035	524.52
Other Current Assets	1,100	1,082	117.76	94.5	116.06	152.98
Total Current Assets	3,809	4,076	3,844	4,195	3,375	2,459
Property, Plant & Equipment	4,306	3,294	1,960	1,602	1,645	1,491
Long-Term Investments	805.91	686.94	344.61	316.24	282.19	255.5
Goodwill	106.46	105.45	107.12	98.82	98.82	98.82
Other Intangible Assets	372	363.11	264.62	180.98	196.4	212.08
Long-Term Deferred Tax Assets	13.92	10.73	74.4	70.43	44.32	32.72
Long-Term Deferred Charges	9.19	14.59	14.18	13.34	13.99	20.42
Other Long-Term Assets	12.55	82.91	66.59	35.89	24.42	25.73
Total Assets	9,436	8,634	6,675	6,513	5,679	4,596
Accounts Payable	2,100	1,477	760.3	1,049	1,575	1,093
Accrued Expenses	151.1	201.88	179.26	235.52	192.03	94.34
Short-Term Debt	285.83	375.69	27.82	0.5	318.42	546.08
Current Portion of Long-Term Debt	291.76	96.85	670.65	0.5	-	19
Current Portion of Leases	-	5.37	1.67	1.42	1.55	-
Current Income Taxes Payable	87.84	53.93	36.13	175.81	85.77	2.64
Current Unearned Revenue	221.88	399.23	322.37	394.45	342.03	324.22
Other Current Liabilities	141.4	797.81	551.42	513.72	284.81	254.35
Total Current Liabilities	3,280	3,408	2,550	2,370	2,799	2,334
Long-Term Debt	1,607	1,113	202.46	602.46	302.75	85.46
Long-Term Leases	20.68	20.4	1.99	3.44	4.76	-
Long-Term Unearned Revenue	11.57	15.45	21.38	22.5	30.94	28.3
Pension & Post-Retirement Benefits	58.8	58.51	56.76	56.57	57.05	54.39
Long-Term Deferred Tax Liabilities	92.66	83.13	143.72	144.59	81.59	59.34
Other Long-Term Liabilities	-	0.28	0.34	0.71	1.32	1.88
Total Liabilities	5,070	4,699	2,976	3,201	3,278	2,563
Common Stock	430.65	430.65	443.48	305.37	297	297
Additional Paid-In Capital	198.87	202.64	413.85	346.34	145.37	145.37
Retained Earnings	3,478	3,096	2,927	2,843	1,914	1,544
Treasury Stock	-	-	-183.4	-175.96	-	-
Comprehensive Income & Other	-12.11	-10.98	-10.2	-8.95	-9.05	-7.51
Total Common Equity	4,096	3,718	3,591	3,310	2,348	1,978
Minority Interest	269.85	216.37	108.34	2.78	54.01	54.2
Shareholders' Equity	4,366	3,935	3,699	3,312	2,402	2,033
Total Liabilities & Equity	9,436	8,634	6,675	6,513	5,679	4,596
Total Debt	2,205	1,612	904.58	608.32	627.49	650.55
Net Cash (Debt)	-742.39	-247.33	1,621	1,467	628.02	197.61
Net Cash Growth	-	-	10.54%	133.52%	217.81%	65.09%
Net Cash Per Share	-1.72	-0.57	3.72	3.36	1.46	0.46
Filing Date Shares Outstanding	430.65	430.65	430.65	454.42	430.65	430.65
Total Common Shares Outstanding	430.65	430.65	430.65	454.42	430.65	430.65
Working Capital	529.29	667.81	1,294	1,825	575.36	125.67
Book Value Per Share	9.51	8.63	8.34	7.28	5.45	4.59
Tangible Book Value	3,617	3,250	3,219	3,030	2,053	1,667
Tangible Book Value Per Share	8.40	7.55	7.47	6.67	4.77	3.87
Buildings	-	1,225	1,136	1,018	850.56	795.94
Machinery	-	3,187	3,176	2,870	2,710	2,659
Construction In Progress	-	1,608	311.34	97.63	369.58	252.02

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