SHA:600771 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	296.44	116.67	259.97	246.4	145.15	393.67
Cash & Short-Term Investments	296.44	116.67	259.97	246.4	145.15	393.67
Cash Growth	116.30%	-55.12%	5.51%	69.76%	-63.13%	65.18%
Accounts Receivable	480.23	439.13	830.73	1,033	1,460	1,863
Other Receivables	45.51	10.83	1.66	56.53	143.34	148.7
Receivables	525.74	449.96	832.39	1,089	1,603	2,011
Inventory	741.95	766.95	569.53	415.04	352.9	362.67
Other Current Assets	28.96	33.83	20.33	13.15	24.07	43.73
Total Current Assets	1,593	1,367	1,682	1,764	2,125	2,811
Property, Plant & Equipment	634.28	663.48	707.24	710.26	738.37	769.75
Long-Term Investments	15.22	16.57	25.89	32.89	53.89	54.07
Other Intangible Assets	92.75	96.09	93.75	98.54	96.13	100.3
Long-Term Deferred Tax Assets	89.37	95.93	91.69	73.69	61.29	36.87
Long-Term Deferred Charges	3.32	3.79	4.34	6.16	12.37	9.89
Other Long-Term Assets	32.47	32.61	23.28	15.32	15.37	15.71
Total Assets	2,461	2,276	2,628	2,701	3,102	3,798
Accounts Payable	136.17	60.27	56.41	263.87	489.08	785.34
Accrued Expenses	38.08	373.13	508.35	419.04	54.25	57.95
Short-Term Debt	18.44	19.95	56.06	165	245.86	299.8
Current Portion of Long-Term Debt	-	-	189.86	62.2	12	10
Current Portion of Leases	-	8.19	6.33	1.93	-	-
Current Income Taxes Payable	31.63	2.17	0.71	-	1.42	1.37
Current Unearned Revenue	43.4	50.83	69.02	38.78	20.25	24.64
Other Current Liabilities	468.68	119.16	156.82	106.49	50.62	92.97
Total Current Liabilities	736.41	633.7	1,044	1,057	873.49	1,272
Long-Term Debt	-	-	-	197.6	70	26
Long-Term Leases	27.31	33.79	39.11	6.2	-	-
Long-Term Unearned Revenue	22.63	15.27	15.1	13.63	15.35	17.82
Long-Term Deferred Tax Liabilities	2.5	2.4	13.51	2.7	2.81	2.43
Other Long-Term Liabilities	-	-	9.27	-	-	10
Total Liabilities	788.84	685.17	1,121	1,277	961.65	1,328
Common Stock	489.49	489.49	489.49	489.49	492	492
Additional Paid-In Capital	1,588	1,588	1,588	1,588	1,637	1,637
Retained Earnings	-425.72	-504.61	-579.06	-669.14	17.17	333.41
Treasury Stock	-	-	-	-	-51.22	-51.22
Comprehensive Income & Other	-3.29	-3.29	-2.52	5.55	4.53	1.01
Total Common Equity	1,649	1,570	1,496	1,414	2,099	2,412
Minority Interest	22.98	20.9	11.74	9.25	41.42	57.52
Shareholders' Equity	1,672	1,591	1,508	1,423	2,141	2,470
Total Liabilities & Equity	2,461	2,276	2,628	2,701	3,102	3,798
Total Debt	45.74	61.94	291.36	432.93	327.86	335.8
Net Cash (Debt)	250.69	54.74	-31.39	-186.54	-182.71	57.87
Net Cash Growth	168.36%	-	-	-	-	-10.84%
Net Cash Per Share	0.52	0.11	-0.06	-0.38	-0.37	0.13
Filing Date Shares Outstanding	489.49	489.49	489.49	489.49	489.49	489.49
Total Common Shares Outstanding	489.49	489.49	489.49	489.49	489.49	489.49
Working Capital	856.69	733.71	638.67	706.65	1,252	1,539
Book Value Per Share	3.37	3.21	3.06	2.89	4.29	4.93
Tangible Book Value	1,556	1,474	1,402	1,316	2,003	2,312
Tangible Book Value Per Share	3.18	3.01	2.86	2.69	4.09	4.72
Buildings	-	724.01	728	740.85	744.18	747.38
Machinery	-	165.14	161.58	162.29	162.16	157.73
Construction In Progress	-	-	-	-	-	1.33

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