SHA:600397 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	78.83	661.28	845.82	1,245	1,219	1,109
Cash & Short-Term Investments	78.83	661.28	845.82	1,245	1,219	1,109
Cash Growth	-92.82%	-21.82%	-32.08%	2.19%	9.93%	64.56%
Accounts Receivable	91.14	825.01	1,956	2,414	944.02	862.03
Other Receivables	3.83	116.5	208.28	227.48	618.92	534.54
Receivables	94.97	941.51	2,165	2,642	1,563	1,397
Inventory	351.83	51.43	65.28	62.22	81.22	86.27
Prepaid Expenses	-	0	0	0	0.03	0.03
Other Current Assets	23.58	23.45	88.43	251.22	344.38	297.78
Total Current Assets	549.22	1,678	3,164	4,200	3,207	2,889
Property, Plant & Equipment	173.34	3,508	4,081	4,013	4,002	3,874
Long-Term Investments	-	117.9	121.71	120.27	119.41	118.13
Other Intangible Assets	9.1	392.82	470.2	492.86	516.37	538.99
Long-Term Accounts Receivable	-	12.79	14.47	12.83	19.2	17.59
Long-Term Deferred Tax Assets	7.44	35.26	33.81	36.2	33.68	39.45
Long-Term Deferred Charges	-	9.13	11.13	11.92	14.23	9.95
Other Long-Term Assets	61.37	86.19	-	0.28	-	-
Total Assets	800.48	5,840	7,897	8,888	7,912	7,488
Accounts Payable	59.26	646	1,082	1,426	2,095	1,858
Accrued Expenses	26.17	100.53	119.23	137.79	129.67	136.99
Short-Term Debt	125.07	3,283	3,850	4,109	2,890	3,132
Current Portion of Long-Term Debt	-	54.44	76.21	45.36	45.38	-
Current Portion of Leases	-	137.8	142.65	187.36	156.61	-
Current Income Taxes Payable	0.93	3.37	1.52	4.05	10.69	31
Current Unearned Revenue	-	18.97	24.56	33.12	46.6	79.3
Other Current Liabilities	224.3	474.77	1,197	1,394	653.53	1,017
Total Current Liabilities	435.73	4,719	6,493	7,337	6,027	6,255
Long-Term Debt	-	95.95	124.53	157.9	202.95	247.95
Long-Term Leases	-	700.67	734.23	730.11	917.74	259.7
Long-Term Unearned Revenue	5.38	161.72	167.17	168.17	174.11	192.17
Long-Term Deferred Tax Liabilities	0.06	24.52	-	-	-	-
Other Long-Term Liabilities	6.91	11.79	19.51	22.86	25.77	25.85
Total Liabilities	448.08	5,713	7,538	8,416	7,347	6,980
Common Stock	989.96	989.96	989.96	989.96	989.96	989.96
Additional Paid-In Capital	-	1,863	1,863	1,863	1,863	1,863
Retained Earnings	-835.69	-2,722	-2,449	-2,335	-2,259	-2,314
Comprehensive Income & Other	1.2	105.6	63.34	63.17	84.95	85.59
Total Common Equity	155.47	236.89	467.29	580.91	679.25	624.74
Minority Interest	196.93	-110.44	-108.7	-109.11	-114.85	-117.4
Shareholders' Equity	352.4	126.45	358.59	471.8	564.4	507.34
Total Liabilities & Equity	800.48	5,840	7,897	8,888	7,912	7,488
Total Debt	125.07	4,272	4,928	5,230	4,212	3,640
Net Cash (Debt)	-46.24	-3,610	-4,082	-3,984	-2,994	-2,531
Net Cash Per Share	-0.05	-3.65	-4.13	-4.02	-3.02	-2.56
Filing Date Shares Outstanding	989.96	989.96	989.96	989.96	989.96	989.96
Total Common Shares Outstanding	989.96	989.96	989.96	989.96	989.96	989.96
Working Capital	113.49	-3,041	-3,329	-3,137	-2,820	-3,365
Book Value Per Share	0.16	0.24	0.47	0.59	0.69	0.63
Tangible Book Value	146.37	-155.94	-2.91	88.05	162.88	85.75
Tangible Book Value Per Share	0.15	-0.16	-0.00	0.09	0.16	0.09
Buildings	-	2,893	3,351	3,286	3,193	3,020
Machinery	-	2,072	2,324	2,259	2,206	2,213
Construction In Progress	-	39.92	143.92	80.49	85.1	88.99

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