SHA:600572 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	835.8	1,322	2,570	2,468	2,573	1,575
Trading Asset Securities	-	-	-	-	-	1.8
Cash & Short-Term Investments	835.8	1,322	2,570	2,468	2,573	1,577
Cash Growth	4.06%	-48.56%	4.13%	-4.09%	63.19%	-7.47%
Accounts Receivable	1,893	1,665	1,756	1,638	1,671	1,405
Other Receivables	84.79	87.74	38.22	59.41	84.42	96.53
Receivables	1,978	1,753	1,794	1,697	1,755	1,501
Inventory	1,146	1,266	1,333	1,128	1,044	961.46
Prepaid Expenses	-	0.26	0.61	0.89	1.02	4.78
Other Current Assets	715.17	78.18	77.26	101.74	92.17	92.95
Total Current Assets	4,674	4,419	5,775	5,395	5,466	4,138
Property, Plant & Equipment	2,898	3,047	3,048	3,220	3,251	3,033
Long-Term Investments	1,906	1,774	1,723	1,629	1,881	1,435
Goodwill	184.72	184.72	184.72	184.72	184.72	172.61
Other Intangible Assets	378.73	349.19	355.45	390.79	362.43	377.82
Long-Term Deferred Tax Assets	29.08	41.16	78.94	55.46	27.5	32.67
Long-Term Deferred Charges	20.83	67.46	46.35	40.66	66.81	51.47
Other Long-Term Assets	41.5	19.31	25.86	14.82	34.78	38.61
Total Assets	10,133	9,902	11,238	10,931	11,274	9,279
Accounts Payable	957.43	984.41	819.53	629.13	540.19	270.97
Accrued Expenses	200.43	963.41	1,205	1,005	873.5	821.29
Short-Term Debt	231.28	210.56	849.71	717.73	1,344	1,748
Current Portion of Long-Term Debt	98.99	91.07	77.79	138.63	129.65	-
Current Portion of Leases	-	2.23	4.4	6.15	4.63	-
Current Income Taxes Payable	106.85	44.84	56.45	51.38	28.5	62.93
Current Unearned Revenue	24.94	37.68	43.65	113.3	36.68	41.97
Other Current Liabilities	928.28	182.23	115.87	128.07	210.8	307.18
Total Current Liabilities	2,548	2,516	3,173	2,789	3,168	3,253
Long-Term Debt	70.05	117.87	305.03	330.3	9.5	502.71
Long-Term Leases	1.39	2.05	0.72	3.97	4	-
Long-Term Unearned Revenue	114.76	116.21	141.11	154.22	146.83	98.61
Long-Term Deferred Tax Liabilities	236.58	235.6	268.27	328.79	310.3	74.31
Other Long-Term Liabilities	0.96	0.94	0.93	0.92	0.92	0.73
Total Liabilities	2,972	2,989	3,889	3,607	3,639	3,929
Common Stock	2,525	2,583	2,570	2,570	2,570	2,667
Additional Paid-In Capital	258.81	285.66	210.32	149.54	359.76	677.13
Retained Earnings	4,278	4,251	4,261	4,194	4,271	2,267
Treasury Stock	-	-299.99	-	-	-	-585.15
Comprehensive Income & Other	-0.01	-0.11	-0.01	0.1	0.27	0.28
Total Common Equity	7,062	6,820	7,041	6,914	7,201	5,026
Minority Interest	99.68	92.97	308.58	410.18	434.01	323.25
Shareholders' Equity	7,161	6,913	7,350	7,324	7,635	5,349
Total Liabilities & Equity	10,133	9,902	11,238	10,931	11,274	9,279
Total Debt	401.71	423.77	1,238	1,197	1,492	2,251
Net Cash (Debt)	434.09	898.34	1,332	1,271	1,082	-674.33
Net Cash Growth	13.48%	-32.57%	4.81%	17.53%	-	-
Net Cash Per Share	0.17	0.35	0.52	0.50	0.42	-0.27
Filing Date Shares Outstanding	2,525	2,519	2,570	2,570	2,570	2,570
Total Common Shares Outstanding	2,525	2,519	2,570	2,570	2,570	2,570
Working Capital	2,126	1,902	2,603	2,606	2,298	884.71
Book Value Per Share	2.80	2.71	2.74	2.69	2.80	1.96
Tangible Book Value	6,498	6,286	6,501	6,338	6,654	4,476
Tangible Book Value Per Share	2.57	2.49	2.53	2.47	2.59	1.74
Buildings	-	2,427	2,250	2,138	2,055	2,064
Machinery	-	2,765	2,655	2,279	1,888	1,921
Construction In Progress	-	139.45	238.37	661.93	1,068	598.64

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