SHA:600460 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	4,131	4,520	6,131	2,230	2,323	1,110
Trading Asset Securities	-	-	-	2	25.04	0.11
Cash & Short-Term Investments	4,131	4,520	6,131	2,232	2,348	1,111
Cash Growth	-12.12%	-26.27%	174.65%	-4.94%	111.48%	2.59%
Accounts Receivable	4,934	4,549	3,384	2,772	2,460	1,788
Other Receivables	18.01	22.54	25.52	31.91	22.83	14.04
Receivables	4,952	4,572	3,410	2,804	2,483	1,802
Inventory	3,727	3,899	3,732	3,072	1,913	1,388
Other Current Assets	196.09	359.8	212.02	117.6	105.47	79.8
Total Current Assets	13,006	13,351	13,485	8,226	6,850	4,380
Property, Plant & Equipment	9,303	8,684	7,940	5,813	4,623	3,618
Long-Term Investments	1,871	1,739	1,267	2,197	1,662	804.32
Goodwill	245.07	245.07	245.36	0.62	0.62	0.62
Other Intangible Assets	292.1	369.52	471.87	262.75	278.24	226.84
Long-Term Deferred Tax Assets	149.85	157.88	107.37	125.53	112.52	142.3
Long-Term Deferred Charges	176.32	120.82	127.98	116.2	83.67	99.47
Other Long-Term Assets	127.11	128.86	262.48	179.16	196.89	568.39
Total Assets	25,170	24,797	23,908	16,920	13,806	9,840
Accounts Payable	3,493	3,102	2,179	1,728	1,421	757.94
Accrued Expenses	365.9	511.4	475.68	395.48	391.15	229.29
Short-Term Debt	1,458	1,492	1,811	2,466	2,171	2,011
Current Portion of Long-Term Debt	1,158	1,819	815.33	563.69	486.25	473.67
Current Portion of Leases	-	2.79	4.32	3.98	1.34	-
Current Income Taxes Payable	124.99	1.48	16.32	16.28	58.49	0.47
Current Unearned Revenue	36.47	25.26	24.09	32.53	9.99	12.39
Other Current Liabilities	85.31	231.34	313.28	329.43	469.05	197.72
Total Current Liabilities	6,722	7,185	5,639	5,535	5,008	3,682
Long-Term Debt	4,444	2,603	3,431	2,109	356.29	663.92
Long-Term Leases	50.34	122.82	272.57	504.85	701.42	619.03
Long-Term Unearned Revenue	161.51	135.85	118.58	129.28	153.13	172.01
Long-Term Deferred Tax Liabilities	46.23	58.44	107.14	158.02	94.44	-
Other Long-Term Liabilities	902.57	868.45	919.53	413.4	384.2	195.62
Total Liabilities	12,327	10,973	10,488	8,850	6,698	5,333
Common Stock	1,664	1,664	1,664	1,416	1,416	1,312
Additional Paid-In Capital	6,179	6,736	6,763	2,188	2,137	784.64
Retained Earnings	4,088	3,805	3,585	3,763	2,852	1,355
Comprehensive Income & Other	10.42	9.27	9.22	6.61	5.34	-3.7
Total Common Equity	11,941	12,215	12,022	7,374	6,410	3,448
Minority Interest	902.22	1,609	1,398	696.71	698.08	1,059
Shareholders' Equity	12,844	13,824	13,420	8,070	7,109	4,507
Total Liabilities & Equity	25,170	24,797	23,908	16,920	13,806	9,840
Total Debt	7,111	6,040	6,334	5,648	3,716	3,767
Net Cash (Debt)	-2,980	-1,519	-202.5	-3,416	-1,368	-2,657
Net Cash Per Share	-1.63	-0.91	-0.11	-2.40	-1.02	-1.97
Filing Date Shares Outstanding	1,664	1,664	1,664	1,416	1,416	1,312
Total Common Shares Outstanding	1,664	1,664	1,664	1,416	1,416	1,312
Working Capital	6,283	6,166	7,846	2,691	1,842	697.52
Book Value Per Share	7.18	7.34	7.22	5.21	4.53	2.63
Tangible Book Value	11,404	11,600	11,304	7,110	6,132	3,221
Tangible Book Value Per Share	6.85	6.97	6.79	5.02	4.33	2.45
Buildings	-	1,517	1,480	1,010	979.2	949.39
Machinery	-	10,847	9,539	6,770	5,925	4,222
Construction In Progress	-	1,807	1,497	1,546	649.49	589.23

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