SHA:600400 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	847.22	1,184	1,418	962.95	997.29	1,039
Trading Asset Securities	-	-	-	-	45.51	97.26
Cash & Short-Term Investments	847.22	1,184	1,418	962.95	1,043	1,136
Cash Growth	-22.99%	-16.55%	47.29%	-7.66%	-8.19%	-35.46%
Accounts Receivable	351.09	510	595.64	721.13	565.17	386.55
Other Receivables	42.06	61.57	41.68	44.6	57.29	45.91
Receivables	393.15	571.57	637.33	765.73	622.47	432.46
Inventory	180.12	307.28	326.33	152.45	113.74	124.66
Prepaid Expenses	-	-	-	5.13	-	-
Other Current Assets	86.06	58.98	94.51	38.43	51.73	31.36
Total Current Assets	1,507	2,121	2,477	1,925	1,831	1,724
Property, Plant & Equipment	620.67	678.92	1,048	859.36	847.72	451.48
Long-Term Investments	1,099	1,087	1,215	1,413	1,672	1,938
Other Intangible Assets	69.31	74.62	131.66	145.13	135.63	145.29
Long-Term Deferred Tax Assets	258.73	254.61	225.24	235.18	227.11	194.74
Long-Term Deferred Charges	41.73	64.56	61.93	48.43	30.89	43.07
Other Long-Term Assets	93.25	96.62	108.86	111.35	148.08	168.45
Total Assets	3,689	4,378	5,267	4,737	4,892	4,665
Accounts Payable	365.76	598.6	834.39	748.31	481.09	447.96
Accrued Expenses	35.61	61.61	83.34	78.21	82.17	74.08
Short-Term Debt	391.27	530.45	571.19	368.33	386.41	140.7
Current Portion of Long-Term Debt	144.14	0.13	154.98	0.16	0.16	-
Current Portion of Leases	-	138.53	86.6	154.86	143.94	-
Current Income Taxes Payable	7.71	10.04	10.6	12.69	21.51	9.25
Current Unearned Revenue	41.23	74.24	14.27	13.67	35.98	25.95
Other Current Liabilities	66.54	97.37	109.38	87.82	78.01	97.39
Total Current Liabilities	1,052	1,511	1,865	1,464	1,229	795.32
Long-Term Debt	120	120	305.7	120	120	-
Long-Term Leases	117.85	136.97	61.67	86.53	197.5	-
Long-Term Unearned Revenue	6.82	7.26	21.28	12.34	6.19	3.74
Long-Term Deferred Tax Liabilities	0.39	0.17	1.45	7.67	86.69	111.9
Total Liabilities	1,297	1,775	2,255	1,691	1,640	910.96
Common Stock	2,291	2,297	2,300	2,303	2,291	2,533
Additional Paid-In Capital	108.86	114.62	123.25	125.99	108.01	754.45
Retained Earnings	578.2	796.9	1,042	1,079	1,156	1,312
Treasury Stock	-22.24	-24.45	-18.38	-24.12	-	-702.89
Comprehensive Income & Other	-623.87	-639.95	-493.25	-496.52	-419.88	-304.12
Total Common Equity	2,332	2,544	2,954	2,987	3,135	3,593
Minority Interest	59.32	58.84	58.48	58.92	117.86	161.03
Shareholders' Equity	2,392	2,603	3,013	3,046	3,253	3,754
Total Liabilities & Equity	3,689	4,378	5,267	4,737	4,892	4,665
Total Debt	773.26	926.08	1,180	729.87	848	140.7
Net Cash (Debt)	73.97	257.48	238.22	233.08	194.79	995.15
Net Cash Growth	-63.29%	8.09%	2.20%	19.66%	-80.43%	-20.97%
Net Cash Per Share	0.03	0.11	0.08	0.15	0.08	0.41
Filing Date Shares Outstanding	2,200	2,291	2,300	2,303	2,291	2,533
Total Common Shares Outstanding	2,200	2,291	2,300	2,303	2,291	2,533
Working Capital	454.3	610.42	611.78	460.66	601.48	929.01
Book Value Per Share	1.06	1.11	1.28	1.30	1.37	1.42
Tangible Book Value	2,263	2,469	2,822	2,842	2,999	3,448
Tangible Book Value Per Share	1.03	1.08	1.23	1.23	1.31	1.36
Buildings	-	502.69	961.05	523.45	475.33	477.17
Machinery	-	123.69	132.83	273.58	272.1	257.78
Construction In Progress	-	-	-	146.66	19.85	12.1

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