SHA:600408 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	65.61	134.17	175.79	131.56	613.66	538.01
Trading Asset Securities	-	-	-	-	-	0.2
Cash & Short-Term Investments	65.61	134.17	175.79	131.56	613.66	538.21
Cash Growth	-79.77%	-23.68%	33.62%	-78.56%	14.02%	-38.46%
Accounts Receivable	16.42	16.5	10.1	22.56	34.24	790.33
Other Receivables	2.25	165.45	29.71	4.59	18.23	28.08
Receivables	18.66	181.94	39.81	27.15	52.47	818.41
Inventory	274.93	225.29	313.88	380.4	404.33	298.27
Other Current Assets	145.13	40.03	209.11	267.57	253.31	87.14
Total Current Assets	504.34	581.43	738.59	806.68	1,324	1,742
Property, Plant & Equipment	3,005	3,156	3,368	3,535	3,051	2,952
Long-Term Investments	693.12	694.04	690.68	687.63	710.73	709.35
Other Intangible Assets	136.55	144.69	148.82	151.79	154.58	158.54
Other Long-Term Assets	18.35	18.96	20.11	26.75	33.94	6.74
Total Assets	4,357	4,595	4,967	5,208	5,274	5,568
Accounts Payable	808.62	910.31	809.97	511.85	383.12	945.31
Accrued Expenses	253.69	292.54	283.63	228.49	236.67	298.3
Short-Term Debt	222.2	243.35	268.85	263.73	91.59	47.5
Current Portion of Long-Term Debt	148.62	233.74	308.11	464.12	328.47	108.31
Current Portion of Leases	-	100.59	188.35	138.25	68.31	-
Current Income Taxes Payable	17.88	4.02	21.28	20.7	53.86	64.83
Current Unearned Revenue	365.57	266.09	288.99	108.03	273.09	289.87
Other Current Liabilities	136.51	83.27	61.2	93.85	113.32	225.51
Total Current Liabilities	1,953	2,134	2,230	1,829	1,548	1,980
Long-Term Debt	445.6	278.9	217.88	83.5	444.24	487.82
Long-Term Leases	191.75	253.02	341.28	444.43	165.11	206.63
Long-Term Unearned Revenue	48.05	48.55	53.99	54.74	29.48	20.8
Long-Term Deferred Tax Liabilities	108.31	112.35	89.86	66.81	50.28	26.19
Other Long-Term Liabilities	196.09	196.09	186.09	203.28	220.46	300.6
Total Liabilities	2,943	3,023	3,119	2,682	2,458	3,022
Common Stock	1,007	1,007	1,007	1,007	1,007	1,007
Additional Paid-In Capital	1,706	1,706	1,705	1,706	1,705	1,710
Retained Earnings	-1,359	-1,203	-867.99	-190.28	105.76	-177.62
Comprehensive Income & Other	3.14	3.54	-3.12	-3.72	-4.09	5.06
Total Common Equity	1,358	1,513	1,840	2,519	2,813	2,544
Minority Interest	56.52	58.75	6.88	7.21	3.07	2.76
Shareholders' Equity	1,414	1,572	1,847	2,526	2,816	2,547
Total Liabilities & Equity	4,357	4,595	4,967	5,208	5,274	5,568
Total Debt	1,008	1,110	1,324	1,394	1,098	850.26
Net Cash (Debt)	-942.56	-975.44	-1,149	-1,262	-484.07	-312.05
Net Cash Per Share	-0.91	-0.97	-1.14	-1.25	-0.48	-0.31
Filing Date Shares Outstanding	1,007	1,007	1,007	1,007	1,007	1,007
Total Common Shares Outstanding	1,007	1,007	1,007	1,007	1,007	1,007
Working Capital	-1,449	-1,552	-1,492	-1,022	-224.67	-237.6
Book Value Per Share	1.35	1.50	1.83	2.50	2.79	2.53
Tangible Book Value	1,221	1,369	1,691	2,367	2,659	2,385
Tangible Book Value Per Share	1.21	1.36	1.68	2.35	2.64	2.37
Buildings	-	2,699	2,665	2,667	2,557	-
Machinery	-	2,672	2,488	2,427	2,194	-
Construction In Progress	-	1.31	26.59	87.44	221.69	-

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