SHA:600488 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	643.83	638.46	718.86	647.74	232.22	244.37
Cash & Short-Term Investments	643.83	638.46	718.86	647.74	232.22	244.37
Cash Growth	-21.33%	-11.18%	10.98%	178.94%	-4.97%	-3.10%
Accounts Receivable	672.47	459.12	578.33	498.17	596.38	475.05
Other Receivables	23.56	25.21	30.8	27.09	30.75	28.51
Receivables	696.03	484.33	609.13	525.26	627.13	503.56
Inventory	623.35	651.92	725.58	1,158	975.64	1,105
Other Current Assets	32.26	29.76	54.5	29.96	47.58	33.81
Total Current Assets	1,995	1,804	2,108	2,360	1,883	1,886
Property, Plant & Equipment	2,717	2,875	3,069	3,174	3,348	3,226
Long-Term Investments	249.2	227.88	164.2	307.15	360.64	403.24
Other Intangible Assets	387.04	349.66	303.66	254.61	192.38	119.98
Long-Term Deferred Tax Assets	27.61	28.88	41.81	40.38	32.1	34.98
Long-Term Deferred Charges	166.3	180.91	168.41	175.11	150.97	133.98
Other Long-Term Assets	200.46	231.49	287.15	338.69	378.31	370.97
Total Assets	5,743	5,698	6,142	6,651	6,345	6,176
Accounts Payable	602.04	638.69	719.55	792.9	565.94	592.17
Accrued Expenses	103.25	184.16	161.15	84.33	64.77	40.01
Short-Term Debt	149.85	108.58	270.25	648.34	588.63	830.56
Current Portion of Long-Term Debt	32.95	0.54	404.59	295.83	421.09	-
Current Portion of Leases	-	0.17	0.11	0.38	30.27	-
Current Income Taxes Payable	33.98	0.87	0.85	1.65	16.7	6.04
Current Unearned Revenue	31.8	79.73	137.19	134.11	68.35	25.94
Other Current Liabilities	195.32	202.27	246.6	322.55	267.8	310.72
Total Current Liabilities	1,149	1,215	1,940	2,280	2,024	1,805
Long-Term Debt	538.83	424.6	277	458.64	367.24	402.36
Long-Term Leases	-	0.11	-	0.12	0.27	50
Long-Term Unearned Revenue	129.47	140.83	144.99	117.7	89.56	91.7
Long-Term Deferred Tax Liabilities	27.4	27.96	18.12	39.3	47.53	53.96
Other Long-Term Liabilities	3.92	3.92	8.77	1.01	-	-
Total Liabilities	1,849	1,812	2,389	2,897	2,528	2,403
Common Stock	1,092	1,092	1,094	1,096	1,100	1,101
Additional Paid-In Capital	320.81	320.32	322.19	327.1	335.01	335.49
Retained Earnings	1,496	1,534	1,495	1,389	1,369	1,331
Treasury Stock	-	-	-4.73	-10.34	-18.85	-20.56
Comprehensive Income & Other	114.08	111.41	46.95	170.35	207.88	244.53
Total Common Equity	3,023	3,057	2,954	2,973	2,993	2,992
Minority Interest	871.27	828.52	799.75	781.33	823.83	781.07
Shareholders' Equity	3,894	3,886	3,753	3,754	3,817	3,773
Total Liabilities & Equity	5,743	5,698	6,142	6,651	6,345	6,176
Total Debt	721.63	533.99	951.96	1,403	1,407	1,283
Net Cash (Debt)	-77.8	104.46	-233.1	-755.57	-1,175	-1,039
Net Cash Per Share	-0.07	0.10	-0.21	-0.68	-1.09	-0.95
Filing Date Shares Outstanding	1,092	1,092	1,094	1,096	1,100	1,101
Total Common Shares Outstanding	1,092	1,092	1,094	1,096	1,100	1,101
Working Capital	846.27	589.46	167.77	80.39	-140.98	81.03
Book Value Per Share	2.77	2.80	2.70	2.71	2.72	2.72
Tangible Book Value	2,636	2,708	2,650	2,718	2,801	2,872
Tangible Book Value Per Share	2.41	2.48	2.42	2.48	2.55	2.61
Buildings	-	2,290	2,277	2,198	1,792	1,739
Machinery	-	2,549	2,541	2,405	2,149	1,951
Construction In Progress	-	44.52	34.44	126.71	544.34	494.6

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