SHA:600395 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	2,430	1,710	2,373	4,571	1,785	1,521
Cash & Short-Term Investments	2,430	1,710	2,373	4,571	1,785	1,521
Cash Growth	4.74%	-27.91%	-48.10%	156.14%	17.34%	-23.28%
Accounts Receivable	2,388	2,554	2,286	3,242	3,629	2,708
Other Receivables	112.98	108.49	99.59	142.31	94.25	37.84
Receivables	2,501	2,662	2,385	3,384	3,723	2,746
Inventory	791.39	926.03	244.61	376.08	280.03	207.17
Other Current Assets	1,015	984.76	758.55	62.55	210.16	93.45
Total Current Assets	6,738	6,283	5,761	8,394	5,998	4,567
Property, Plant & Equipment	30,554	27,358	20,970	14,216	11,414	10,233
Long-Term Investments	1,548	1,531	1,369	1,174	1,285	1,496
Other Intangible Assets	5,952	6,096	5,230	4,535	1,150	1,241
Long-Term Deferred Tax Assets	608.74	604.01	572.31	558.85	573.68	497.76
Long-Term Deferred Charges	15.6	13.77	11.69	13.07	11.56	1.31
Other Long-Term Assets	1,088	1,568	1,345	1,154	70.82	40.88
Total Assets	46,504	43,454	35,259	30,045	20,502	18,077
Accounts Payable	3,964	4,588	3,975	3,306	2,487	1,746
Accrued Expenses	363.66	524.58	558.26	561.55	557.69	602.14
Short-Term Debt	6,972	5,411	1,815	1,616	2,724	2,359
Current Portion of Long-Term Debt	-	1,091	776.08	313.68	72.86	397.86
Current Portion of Leases	-	0.5	0.49	0.06	0.06	-
Current Income Taxes Payable	84.87	30.21	33.38	84.23	159.91	64.94
Current Unearned Revenue	115.27	69.59	171.09	322.34	215.87	178.72
Other Current Liabilities	2,669	1,188	2,211	2,187	382.8	304.85
Total Current Liabilities	14,168	12,903	9,540	8,391	6,600	5,654
Long-Term Debt	15,525	13,791	7,739	3,309	1,757	941.31
Long-Term Leases	10.52	11.04	11.54	4.84	4.9	-
Long-Term Unearned Revenue	540.43	547.45	463.95	447.54	414.01	160.58
Pension & Post-Retirement Benefits	-	1,716	1,568	1,625	1,551	1,311
Long-Term Deferred Tax Liabilities	52.52	50.91	61	41.25	78.39	113.07
Other Long-Term Liabilities	4,635	2,945	3,360	3,643	2,147	1,800
Total Liabilities	34,931	31,965	22,744	17,461	12,552	9,980
Common Stock	2,147	2,147	2,147	2,147	1,655	1,655
Additional Paid-In Capital	4,737	4,737	4,797	4,797	1,794	2,008
Retained Earnings	4,150	4,254	4,750	4,898	3,563	3,050
Comprehensive Income & Other	-527.73	-714.65	-280.32	-324.59	-89.12	319.64
Total Common Equity	10,506	10,422	11,414	11,517	6,922	7,033
Minority Interest	1,067	1,067	1,101	1,066	1,027	1,064
Shareholders' Equity	11,573	11,489	12,515	12,583	7,950	8,097
Total Liabilities & Equity	46,504	43,454	35,259	30,045	20,502	18,077
Total Debt	22,507	20,305	10,342	5,243	4,559	3,699
Net Cash (Debt)	-20,077	-18,594	-7,969	-672.07	-2,775	-2,178
Net Cash Per Share	-9.53	-8.75	-3.71	-0.34	-1.68	-1.32
Filing Date Shares Outstanding	2,147	2,147	2,147	2,147	2,147	1,655
Total Common Shares Outstanding	2,147	2,147	2,147	2,147	1,655	1,655
Working Capital	-7,430	-6,620	-3,780	2.33	-602.29	-1,087
Book Value Per Share	4.89	4.86	5.32	5.37	4.18	4.25
Tangible Book Value	4,554	4,327	6,184	6,982	5,773	5,792
Tangible Book Value Per Share	2.12	2.02	2.88	3.25	3.49	3.50
Buildings	-	12,406	8,983	7,993	7,344	7,142
Machinery	-	16,686	9,115	7,302	6,708	6,211
Construction In Progress	-	8,051	12,014	7,298	5,662	5,043

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