SHA:600546 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	5,980	6,426	6,372	10,329	11,921	5,305
Cash & Short-Term Investments	5,980	6,426	6,372	10,329	11,921	5,305
Cash Growth	-35.52%	0.86%	-38.31%	-13.35%	124.70%	-32.00%
Accounts Receivable	596.95	373.11	569.04	1,979	2,268	2,299
Other Receivables	261.49	32.94	32.64	73.43	108.27	471.17
Receivables	858.45	406.05	601.68	2,053	2,376	2,770
Inventory	1,036	565.13	503.16	1,086	1,543	1,299
Prepaid Expenses	-	52.62	63.66	57.89	2.54	29.1
Other Current Assets	1,088	697.8	959.95	591.54	829.22	1,083
Total Current Assets	8,963	8,148	8,500	14,117	16,672	10,487
Property, Plant & Equipment	21,726	21,899	21,272	20,152	19,134	19,222
Long-Term Investments	2,834	2,791	2,956	1,019	1,135	1,295
Other Intangible Assets	5,107	5,419	5,828	6,007	6,218	6,276
Long-Term Accounts Receivable	-	-	-	-	20	20
Long-Term Deferred Tax Assets	206.28	201.77	210.1	269.89	238.58	136.95
Long-Term Deferred Charges	434.76	505.94	329.75	638.64	1,026	892.4
Other Long-Term Assets	1,411	1,415	1,521	3,377	1,533	1,907
Total Assets	40,683	40,380	40,617	45,580	45,977	40,236
Accounts Payable	4,595	5,004	4,766	4,254	5,365	4,120
Accrued Expenses	684.49	1,453	1,388	1,474	2,100	885.4
Short-Term Debt	-	-	500	1,639	2,428	4,771
Current Portion of Long-Term Debt	298.75	1,046	264.73	2,073	3,215	-
Current Portion of Leases	-	64.09	59.48	7.49	136.81	-
Current Income Taxes Payable	783.28	233.73	347.06	1,343	1,988	302.18
Current Unearned Revenue	2,247	1,463	1,903	5,012	3,667	2,370
Other Current Liabilities	2,324	2,765	3,282	4,816	3,510	5,407
Total Current Liabilities	10,932	12,029	12,511	20,619	22,410	17,857
Long-Term Debt	6,101	5,193	4,651	3,468	6,546	8,843
Long-Term Leases	21.42	17.19	73.37	11.59	74.85	-
Long-Term Unearned Revenue	89.8	93.12	77.6	83.86	85.93	94.61
Long-Term Deferred Tax Liabilities	15.73	15.75	12.32	8.23	4.93	6.58
Other Long-Term Liabilities	3,066	3,050	2,760	2,607	2,495	2,525
Total Liabilities	20,225	20,398	20,085	26,797	31,616	29,326
Common Stock	1,982	1,982	1,982	1,982	1,982	1,982
Additional Paid-In Capital	-	3,329	3,329	3,443	3,351	3,372
Retained Earnings	10,372	10,694	9,714	9,023	6,098	1,453
Comprehensive Income & Other	4,022	486.1	652.8	599.58	398.15	2,278
Total Common Equity	16,377	16,491	15,678	15,048	11,830	9,086
Minority Interest	4,081	3,491	4,854	3,735	2,531	1,824
Shareholders' Equity	20,457	19,982	20,532	18,783	14,361	10,910
Total Liabilities & Equity	40,683	40,380	40,617	45,580	45,977	40,236
Total Debt	6,421	6,320	5,549	7,199	12,401	13,615
Net Cash (Debt)	-440.4	106.4	822.9	3,130	-480.75	-8,310
Net Cash Growth	-	-87.07%	-73.71%	-	-	-
Net Cash Per Share	-0.22	0.05	0.42	1.58	-0.24	-4.22
Filing Date Shares Outstanding	1,982	1,982	1,982	1,982	1,982	1,982
Total Common Shares Outstanding	1,982	1,982	1,982	1,982	1,982	1,982
Working Capital	-1,969	-3,881	-4,010	-6,502	-5,738	-7,370
Book Value Per Share	8.26	8.32	7.91	7.59	5.97	4.58
Tangible Book Value	11,269	11,073	9,850	9,041	5,611	2,810
Tangible Book Value Per Share	5.68	5.59	4.97	4.56	2.83	1.42
Buildings	-	17,297	16,822	12,611	11,692	-
Machinery	-	11,575	10,866	9,155	8,061	-
Construction In Progress	-	2,926	2,406	4,966	4,342	-

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