SHA:600706 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	89.17	122.3	158.11	164.4	398.9	529.44
Cash & Short-Term Investments	89.17	122.3	158.11	164.4	398.9	529.44
Cash Growth	-11.23%	-22.65%	-3.83%	-58.79%	-24.66%	177.64%
Accounts Receivable	750.64	819.5	1,039	1,091	1,000	751.71
Other Receivables	45.82	29.16	106.62	36.55	35.25	33.04
Receivables	796.46	848.66	1,146	1,128	1,036	784.75
Inventory	70.05	67.02	154.88	107.56	54.95	44.67
Prepaid Expenses	-	0.33	0.18	-	0.01	0.02
Other Current Assets	83.26	74.95	117.56	53.16	54.77	58.63
Total Current Assets	1,039	1,113	1,577	1,453	1,544	1,418
Property, Plant & Equipment	1,316	1,407	1,451	1,551	1,597	1,465
Long-Term Investments	8.09	6.82	6.29	4.99	5.05	-
Goodwill	45.73	45.73	45.78	45.78	45.78	0.05
Other Intangible Assets	99.56	105.65	113.77	125.39	133.98	128.11
Long-Term Deferred Tax Assets	119.34	114.76	114.62	89.64	31.61	29.22
Long-Term Deferred Charges	157.76	189.78	279.22	339.76	387.21	210.24
Other Long-Term Assets	0.23	47.41	52.57	56.67	11.26	11.91
Total Assets	2,786	3,031	3,640	3,666	3,756	3,262
Accounts Payable	734.86	812.16	1,088	978.97	1,011	687.11
Accrued Expenses	65.84	89.82	105.18	78.84	88.76	75.24
Short-Term Debt	209.55	220.34	323.47	353.29	130.36	230.2
Current Portion of Long-Term Debt	150.95	157.52	102.59	83.22	71.9	70.11
Current Portion of Leases	-	17.05	8.66	22.02	16.71	-
Current Income Taxes Payable	10.91	3	3.89	1.36	4.06	3.11
Current Unearned Revenue	146.83	139.4	181.75	42.64	26.54	19.33
Other Current Liabilities	164.73	178.37	188.79	140.63	121.21	128.05
Total Current Liabilities	1,484	1,618	2,003	1,701	1,470	1,213
Long-Term Debt	574	654	774	875.5	958	1,020
Long-Term Leases	53.87	28.15	26.65	48.36	75.16	-
Long-Term Unearned Revenue	4.75	5.02	5.83	13.25	13.94	17.5
Long-Term Deferred Tax Liabilities	15.13	10.24	8.35	16.72	2.9	-
Other Long-Term Liabilities	2.66	2.73	2.6	4.1	2.1	3
Total Liabilities	2,134	2,318	2,820	2,659	2,523	2,254
Common Stock	255.06	255.06	255.06	255.06	255.06	215.41
Additional Paid-In Capital	617.86	617.86	594.32	594.32	594.32	432.56
Retained Earnings	-238.29	-213.45	-82.12	113.26	361.12	353.71
Total Common Equity	634.63	659.47	767.26	962.64	1,210	1,002
Minority Interest	16.88	53.53	52.37	44.29	22.64	6.55
Shareholders' Equity	651.51	713.01	819.63	1,007	1,233	1,008
Total Liabilities & Equity	2,786	3,031	3,640	3,666	3,756	3,262
Total Debt	988.37	1,077	1,235	1,382	1,252	1,321
Net Cash (Debt)	-899.2	-954.77	-1,077	-1,218	-853.23	-791.25
Net Cash Per Share	-3.56	-3.71	-4.25	-4.76	-3.46	-3.65
Filing Date Shares Outstanding	255.06	255.06	255.06	255.06	255.06	215.41
Total Common Shares Outstanding	255.06	255.06	255.06	255.06	255.06	215.41
Working Capital	-444.71	-504.4	-426.01	-248.12	73.69	204.37
Book Value Per Share	2.49	2.59	3.01	3.77	4.75	4.65
Tangible Book Value	489.35	508.1	607.71	791.46	1,031	873.52
Tangible Book Value Per Share	1.92	1.99	2.38	3.10	4.04	4.06
Buildings	-	1,379	1,363	1,345	1,356	1,084
Machinery	-	564.72	587.83	238.8	515.71	725.55
Construction In Progress	-	25.48	2.73	8.26	5.8	81.63

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