SHA:600568 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	437.31	404.14	536.05	577.18	527.35	698.61
Short-Term Investments	-	21.83	22	-	-	-
Trading Asset Securities	-	-	50	35	116.24	-
Cash & Short-Term Investments	437.31	425.97	608.06	612.18	643.59	698.61
Cash Growth	14.10%	-29.95%	-0.67%	-4.88%	-7.88%	15.49%
Accounts Receivable	87.82	90.52	116.56	151.77	85.02	115
Other Receivables	412.04	330.67	334.83	414.32	490.86	589.02
Receivables	499.86	421.2	451.39	566.09	575.89	704.01
Inventory	226.47	305.7	545.25	631.21	641.68	659.02
Prepaid Expenses	-	21	16.58	22.38	30.66	26.58
Other Current Assets	42.36	59.3	63.98	7.47	11.38	11.27
Total Current Assets	1,206	1,233	1,685	1,839	1,903	2,099
Property, Plant & Equipment	475.38	501.98	528.64	841.1	1,266	1,050
Long-Term Investments	10.41	9.59	348.51	362.15	619.6	632.79
Goodwill	111.61	111.61	111.61	111.61	138.34	207.04
Other Intangible Assets	42.08	43.43	45.38	47.91	52.55	63.74
Long-Term Accounts Receivable	-	-	26.96	16.22	29.48	33.81
Long-Term Deferred Tax Assets	2.75	4.94	7.38	7.19	48.48	53.93
Long-Term Deferred Charges	5.82	6.41	6.51	226.7	8.38	12.51
Other Long-Term Assets	214	209.51	258.56	260.68	391.66	372.11
Total Assets	2,068	2,121	3,019	3,713	4,458	4,525
Accounts Payable	63.84	71.39	96.94	62.53	86.78	85.14
Accrued Expenses	12.1	40.38	43.61	27.87	61.14	63.74
Short-Term Debt	-	-	2.67	1.75	1.99	8
Current Portion of Long-Term Debt	-	-	-	-	-	10.4
Current Portion of Leases	2.66	3.55	3.02	12.73	13.1	-
Current Income Taxes Payable	67.28	51.58	58.03	185.45	108.56	107.68
Current Unearned Revenue	42.98	43.66	59.68	63.03	37.24	49.24
Other Current Liabilities	130.13	123.69	108.72	109.91	93.84	135
Total Current Liabilities	319.01	334.25	372.68	463.27	402.66	459.2
Long-Term Debt	-	-	-	-	-	17.72
Long-Term Leases	5.47	12.08	12.76	258.54	268.81	-
Long-Term Unearned Revenue	2.81	4.07	5.74	7.41	9.09	12.76
Long-Term Deferred Tax Liabilities	27.68	26.96	36.9	46.33	48.29	55.26
Other Long-Term Liabilities	0.22	0.51	0.27	0.42	0.39	0.5
Total Liabilities	355.19	377.87	428.35	775.97	729.24	545.44
Common Stock	1,993	1,993	1,993	1,993	1,993	1,993
Additional Paid-In Capital	3,007	3,007	3,002	3,002	3,002	2,989
Retained Earnings	-3,197	-3,164	-2,543	-2,199	-1,400	-1,189
Treasury Stock	-90	-90	-	-	-	-
Comprehensive Income & Other	3.4	2.59	2.58	2.63	3.08	2.93
Total Common Equity	1,716	1,749	2,454	2,798	3,597	3,796
Minority Interest	-3.45	-6.51	136.47	138.94	131.18	183.79
Shareholders' Equity	1,713	1,743	2,590	2,937	3,729	3,980
Total Liabilities & Equity	2,068	2,121	3,019	3,713	4,458	4,525
Total Debt	8.14	15.63	18.46	273.02	283.9	36.12
Net Cash (Debt)	429.17	410.33	589.6	339.17	359.69	662.49
Net Cash Growth	16.68%	-30.40%	73.84%	-5.70%	-45.71%	41.48%
Net Cash Per Share	0.22	0.21	0.30	0.17	0.18	0.33
Filing Date Shares Outstanding	1,931	1,931	1,993	1,993	1,993	1,993
Total Common Shares Outstanding	1,931	1,931	1,993	1,993	1,993	1,993
Working Capital	886.98	898.91	1,313	1,376	1,501	1,640
Book Value Per Share	0.89	0.91	1.23	1.40	1.81	1.90
Tangible Book Value	1,563	1,594	2,297	2,638	3,407	3,525
Tangible Book Value Per Share	0.81	0.83	1.15	1.32	1.71	1.77
Buildings	-	503.54	474.17	476	653.81	655.23
Machinery	-	426.47	425.98	436.77	375.25	402.29
Construction In Progress	-	2.28	1.16	20.99	259.48	264.25

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