SHA:600785 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	513.5	428.48	446.87	452.7	413.24	847.09	Upgrade
Trading Asset Securities	323.16	1.19	-	2	-	-	Upgrade
Cash & Short-Term Investments	836.66	429.67	446.87	454.71	413.24	847.09	Upgrade
Cash Growth	84.11%	-3.85%	-1.72%	10.04%	-51.22%	8.15%	Upgrade
Accounts Receivable	313.82	310.6	267.73	199.5	149.26	175.81	Upgrade
Other Receivables	33.31	59.41	71.15	70.12	87.43	63.36	Upgrade
Receivables	347.13	370.01	338.88	269.62	236.69	239.16	Upgrade
Inventory	545.79	756.24	738.62	909.44	784.71	682.58	Upgrade
Prepaid Expenses	-	-	0.03	0.02	0.25	-	Upgrade
Other Current Assets	228.83	348.73	345.26	399.36	319.08	490.64	Upgrade
Total Current Assets	1,958	1,905	1,870	2,033	1,754	2,259	Upgrade
Property, Plant & Equipment	4,533	4,312	4,725	4,480	4,715	2,103	Upgrade
Long-Term Investments	239.55	246.29	259.81	110.29	178.83	151.17	Upgrade
Goodwill	1.12	1.12	1.12	1.12	1.12	1.12	Upgrade
Other Intangible Assets	559.83	584.16	616.71	653.37	637.25	646.23	Upgrade
Long-Term Accounts Receivable	23.22	24.98	28.11	27.32	31.99	-	Upgrade
Long-Term Deferred Tax Assets	509.8	560.22	630.26	143.9	130.11	28.79	Upgrade
Long-Term Deferred Charges	589.73	631.72	594.72	630.48	662.72	961.46	Upgrade
Other Long-Term Assets	62.05	64.3	67.31	70.33	73.31	76.8	Upgrade
Total Assets	8,477	8,330	8,793	8,150	8,185	6,228	Upgrade
Accounts Payable	1,434	1,499	1,578	1,573	1,485	1,507	Upgrade
Accrued Expenses	19.69	53.91	45.25	73.74	42.19	45.11	Upgrade
Short-Term Debt	491.75	583.79	510.39	721.66	948.95	1,072	Upgrade
Current Portion of Long-Term Debt	290.96	22.63	64	26.01	46.4	-	Upgrade
Current Portion of Leases	-	263.22	243.52	205.98	198.27	-	Upgrade
Current Income Taxes Payable	45.94	24.73	10.49	8.59	25.41	7.81	Upgrade
Current Unearned Revenue	896.19	942.29	854.09	758.8	651.95	606.39	Upgrade
Other Current Liabilities	345.57	310.99	299.21	228.13	253.99	541.16	Upgrade
Total Current Liabilities	3,525	3,701	3,605	3,596	3,652	3,780	Upgrade
Long-Term Debt	76.94	90.44	262.88	129.05	29.13	168.04	Upgrade
Long-Term Leases	2,397	2,064	2,450	2,533	2,683	-	Upgrade
Long-Term Unearned Revenue	7.72	7.68	8.94	4.67	9.22	13.75	Upgrade
Long-Term Deferred Tax Liabilities	444.57	472.95	537.7	46.95	38.64	39.19	Upgrade
Other Long-Term Liabilities	-	-	-	-	-	3.02	Upgrade
Total Liabilities	6,450	6,336	6,865	6,309	6,412	4,004	Upgrade
Common Stock	225.63	225.63	225.63	225.63	225.63	225.63	Upgrade
Additional Paid-In Capital	311.36	311.36	311.36	311.36	311.36	311.36	Upgrade
Retained Earnings	1,763	1,712	1,622	1,508	1,415	1,832	Upgrade
Total Common Equity	2,300	2,249	2,159	2,045	1,952	2,369	Upgrade
Minority Interest	-273.59	-254.87	-231.25	-204.47	-179.49	-144.59	Upgrade
Shareholders' Equity	2,026	1,994	1,928	1,841	1,772	2,224	Upgrade
Total Liabilities & Equity	8,477	8,330	8,793	8,150	8,185	6,228	Upgrade
Total Debt	3,256	3,024	3,531	3,615	3,906	1,241	Upgrade
Net Cash (Debt)	-2,420	-2,594	-3,084	-3,161	-3,493	-393.44	Upgrade
Net Cash Per Share	-10.87	-11.54	-13.60	-13.86	-15.61	-1.73	Upgrade
Filing Date Shares Outstanding	225.63	225.63	225.63	225.63	225.63	225.63	Upgrade
Total Common Shares Outstanding	225.63	225.63	225.63	225.63	225.63	225.63	Upgrade
Working Capital	-1,566	-1,796	-1,736	-1,562	-1,898	-1,520	Upgrade
Book Value Per Share	10.19	9.97	9.57	9.07	8.65	10.50	Upgrade
Tangible Book Value	1,739	1,664	1,541	1,391	1,314	1,721	Upgrade
Tangible Book Value Per Share	7.71	7.37	6.83	6.16	5.82	7.63	Upgrade
Buildings	-	2,945	2,923	2,264	2,294	2,336	Upgrade
Machinery	-	438.05	441.49	409.53	432.96	410.4	Upgrade
Construction In Progress	-	36.21	65.29	343.44	232.07	90.53	Upgrade

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