SHA:600391 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	294.81	303.35	617.51	328.6	259.92	506.37
Short-Term Investments	-	-	4.79	-	-	-
Cash & Short-Term Investments	294.81	303.35	622.3	328.6	259.92	506.37
Cash Growth	44.59%	-51.25%	89.38%	26.42%	-48.67%	94.32%
Accounts Receivable	2,570	2,344	1,284	1,046	941.62	657.54
Other Receivables	1.05	33.03	5.55	2.28	38.74	45.17
Receivables	2,571	2,377	1,290	1,048	980.36	702.71
Inventory	2,510	2,906	2,921	2,674	2,695	2,519
Prepaid Expenses	-	-	-	2.78	1.62	1.73
Other Current Assets	155.71	235.68	165.71	101.96	92.77	63.76
Total Current Assets	5,531	5,822	4,999	4,156	4,030	3,793
Property, Plant & Equipment	2,140	2,108	1,983	2,014	2,075	1,867
Other Intangible Assets	159.01	119.3	120.86	109.9	100.86	107.6
Long-Term Deferred Tax Assets	46.73	56.85	24.09	36.25	13.46	13.2
Other Long-Term Assets	121.6	90.93	5.2	95.05	73.03	27.67
Total Assets	7,999	8,197	7,132	6,411	6,292	5,809
Accounts Payable	3,148	2,961	3,274	2,524	2,452	2,107
Accrued Expenses	72.53	75.2	130.16	179.51	52.97	50.7
Short-Term Debt	850.5	1,430	348.08	332.36	365.34	514.62
Current Portion of Long-Term Debt	550.65	8.29	152.1	430.45	370.66	250.19
Current Portion of Leases	-	132.51	12.45	91.34	80.63	-
Current Income Taxes Payable	16.82	7.24	-	6.18	4.79	-
Current Unearned Revenue	36.23	32.88	62.51	75.3	111.45	357.95
Other Current Liabilities	34.13	39.69	49.44	48.31	62.89	45.28
Total Current Liabilities	4,709	4,687	4,029	3,687	3,501	3,326
Long-Term Debt	219.47	600.5	436.95	161.8	467.8	370.31
Long-Term Leases	13.43	109.45	12.8	23.61	110.91	-
Long-Term Unearned Revenue	68.52	70.7	84.07	91.55	96.43	106.84
Long-Term Deferred Tax Liabilities	40.15	54.22	20.43	18.73	2.03	2.31
Other Long-Term Liabilities	27.39	24.13	17.16	235.74	101.78	56.97
Total Liabilities	5,078	5,546	4,600	4,219	4,280	3,863
Common Stock	330.13	330.13	330.13	330.13	330.13	330.13
Additional Paid-In Capital	1,093	1,027	1,027	1,009	1,013	1,013
Retained Earnings	289.62	261.45	192.65	144.5	97.17	75.88
Comprehensive Income & Other	42.64	40.61	46.01	51.82	42.17	39.23
Total Common Equity	1,755	1,659	1,595	1,535	1,483	1,458
Minority Interest	1,166	992.13	936.85	656.99	529.9	487.78
Shareholders' Equity	2,921	2,651	2,532	2,192	2,013	1,946
Total Liabilities & Equity	7,999	8,197	7,132	6,411	6,292	5,809
Total Debt	1,634	2,281	962.38	1,040	1,395	1,135
Net Cash (Debt)	-1,339	-1,977	-340.08	-710.97	-1,135	-628.75
Net Cash Per Share	-4.09	-6.04	-1.06	-2.13	-3.20	-1.96
Filing Date Shares Outstanding	309.5	330.13	330.13	330.13	330.13	330.13
Total Common Shares Outstanding	309.5	330.13	330.13	330.13	330.13	330.13
Working Capital	822.58	1,135	970.38	468.48	528.75	467.22
Book Value Per Share	5.67	5.02	4.83	4.65	4.49	4.42
Tangible Book Value	1,596	1,539	1,475	1,425	1,382	1,351
Tangible Book Value Per Share	5.16	4.66	4.47	4.32	4.19	4.09
Buildings	-	1,203	1,188	1,162	1,198	1,180
Machinery	-	2,625	2,563	2,241	1,980	1,879
Construction In Progress	-	104.36	83.29	201.02	166.1	133.32

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