SHA:600463 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	33.37	47.37	119.16	155.02	222.27	350.34
Cash & Short-Term Investments	33.37	47.37	119.16	155.02	222.27	350.34
Cash Growth	-34.16%	-60.25%	-23.13%	-30.26%	-36.55%	36.32%
Accounts Receivable	1,035	1,031	987.94	858.36	863.27	890.64
Other Receivables	120.76	119.37	116.66	264.96	369.01	479.51
Receivables	1,156	1,150	1,105	1,123	1,232	1,370
Inventory	347.18	340.04	334.26	345.72	315.15	337.37
Prepaid Expenses	-	0.04	0.05	0.03	0.87	0.78
Other Current Assets	45.02	33.48	34.6	38.11	46.06	50.46
Total Current Assets	1,582	1,571	1,593	1,662	1,817	2,109
Property, Plant & Equipment	94.09	33.12	155.31	179.65	180.13	192.12
Long-Term Investments	87.43	86.2	91.51	98.97	136.67	126.62
Other Intangible Assets	4.28	3.72	5.8	8.36	10.53	13.17
Long-Term Deferred Tax Assets	63.17	42.33	39.43	39.8	58.35	58.97
Long-Term Deferred Charges	122.65	32.54	34.85	44.83	50.36	40.69
Other Long-Term Assets	621.3	627.21	522.81	530.02	658.14	653.17
Total Assets	2,575	2,396	2,442	2,564	2,911	3,194
Accounts Payable	406.17	464.7	437.88	347.72	396.15	535.89
Accrued Expenses	14.73	19.46	7.76	6.34	5.62	59.53
Short-Term Debt	456.93	478.06	580.9	807.3	775.27	685
Current Portion of Long-Term Debt	31.57	83.13	37.83	20.56	41.06	43
Current Portion of Leases	-	3.64	4.25	8.63	3.18	-
Current Income Taxes Payable	7.22	0.27	0.33	1.43	2.81	2.07
Current Unearned Revenue	93.8	62.03	56.4	80.06	276.47	375.88
Other Current Liabilities	536.42	127.99	53.98	62.88	99.97	37.77
Total Current Liabilities	1,547	1,239	1,179	1,335	1,601	1,739
Long-Term Debt	53.65	147.73	131	20.5	41.06	141.5
Long-Term Leases	23.83	-	1.79	7.42	9.11	-
Long-Term Unearned Revenue	30.74	4.56	4.71	4.87	7.6	8.17
Long-Term Deferred Tax Liabilities	10.24	3.39	5.58	7.81	10.83	8.63
Total Liabilities	1,665	1,395	1,322	1,376	1,669	1,897
Common Stock	300	300	300	300	300	300
Additional Paid-In Capital	499.23	509.02	509.02	509.02	509.02	509.33
Retained Earnings	123.96	186.29	282.51	382.49	414.4	442.6
Comprehensive Income & Other	-3.75	-3.75	-3.75	-3.75	-3.75	-3.75
Total Common Equity	919.44	991.56	1,088	1,188	1,220	1,248
Minority Interest	-10.2	9.58	32.21	0.53	21.98	48.24
Shareholders' Equity	909.24	1,001	1,120	1,188	1,242	1,296
Total Liabilities & Equity	2,575	2,396	2,442	2,564	2,911	3,194
Total Debt	565.98	712.56	755.76	864.42	869.69	869.5
Net Cash (Debt)	-532.6	-665.19	-636.6	-709.41	-647.42	-519.17
Net Cash Per Share	-1.78	-2.22	-2.12	-2.37	-2.16	-1.73
Filing Date Shares Outstanding	300	300	300	300	300	300
Total Common Shares Outstanding	300	300	300	300	300	300
Working Capital	34.79	331.7	413.36	327.27	216.09	369.97
Book Value Per Share	3.06	3.31	3.63	3.96	4.07	4.16
Tangible Book Value	915.17	987.84	1,082	1,179	1,209	1,235
Tangible Book Value Per Share	3.05	3.29	3.61	3.93	4.03	4.12
Buildings	-	17.52	46.88	52.27	52.27	81.92
Machinery	-	125.02	123.95	124.32	120.61	107.47
Construction In Progress	-	4.01	96.76	99.32	86.46	75.16

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