SHA:600868 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	Jan '21 Jan 1, 2021
Cash & Equivalents	296.14	562.78	330.72	320.54	274.57	379.01
Trading Asset Securities	177.49	-	9.01	9.01	-	-
Accounts Receivable	337.5	338.34	388.26	392.32	230.12	6.79
Other Receivables	59.3	59.31	51.75	63.57	72.19	2.93
Inventory	82.09	55.71	73.09	76.99	119.71	-
Prepaid Expenses	-	0.51	0.09	1.04	-	-
Other Current Assets	25.25	8.38	5.72	2.28	3.56	2.31
Total Current Assets	977.76	1,025	858.65	865.75	700.15	391.04
Property, Plant & Equipment	1,365	1,415	1,423	1,381	1,536	1,635
Goodwill	73.05	2.57	53.57	172.37	172.37	-
Other Intangible Assets	70.29	77.23	56.41	47.41	52.81	25.12
Long-Term Investments	113.99	115.76	97.8	70.58	71.97	93.64
Long-Term Deferred Tax Assets	23.87	15.82	20.65	12.3	2.93	11.78
Long-Term Deferred Charges	18.43	19.42	16.33	7.9	5.39	7.71
Other Long-Term Assets	231.33	234.71	239.8	349.06	241.01	247.4
Total Assets	2,873	2,906	2,766	2,907	2,783	2,412
Accounts Payable	168.77	162.92	140.3	153.41	117.28	5.73
Accrued Expenses	14.5	40.07	13.41	11.08	14.01	11.47
Short-Term Debt	48.18	27.3	22.1	10.32	-	-
Current Portion of Long-Term Debt	65.73	23.1	19.14	15.17	0.19	-
Current Unearned Revenue	45.7	32.48	39.95	46.09	55.18	1.73
Current Portion of Leases	-	23.51	3.15	1.63	1.29	-
Current Income Taxes Payable	34.9	4.84	9.16	15.09	13.59	2.62
Other Current Liabilities	56.79	30.19	24.42	25.12	17.14	6.21
Total Current Liabilities	434.58	344.4	271.63	277.9	218.69	27.76
Long-Term Debt	188.18	58.2	81.2	102.33	135.57	-
Long-Term Leases	278.14	280.92	34.1	22.39	0.73	-
Long-Term Unearned Revenue	2.42	2.48	2.62	2.85	3.08	3.31
Long-Term Deferred Tax Liabilities	16.97	16.63	16.81	14.66	10.08	0.44
Total Liabilities	920.3	702.63	406.35	420.14	368.15	31.5
Common Stock	1,898	1,898	1,898	1,898	1,898	1,898
Additional Paid-In Capital	410.31	410.31	410.31	410.31	410.31	410.31
Retained Earnings	-136.78	-105.93	-23.12	96.14	40.91	43.31
Treasury Stock	-240.35	-40.35	-	-	-	-
Comprehensive Income & Other	6.36	4.51	2.95	1.67	1.32	1.32
Total Common Equity	1,938	2,167	2,288	2,406	2,351	2,353
Minority Interest	15.37	36.72	71.17	80.35	64.16	27.15
Shareholders' Equity	1,953	2,203	2,359	2,487	2,415	2,380
Total Liabilities & Equity	2,873	2,906	2,766	2,907	2,783	2,412
Total Debt	580.24	413.03	159.69	151.84	137.79	-
Net Cash (Debt)	-106.61	149.75	180.05	177.7	136.79	379.01
Net Cash Growth	-	-16.83%	1.32%	29.91%	-63.91%	16.56%
Net Cash Per Share	-0.06	0.08	0.09	0.09	0.07	0.20
Filing Date Shares Outstanding	1,807	1,874	1,898	1,898	1,898	1,898
Total Common Shares Outstanding	1,807	1,874	1,898	1,898	1,898	1,898
Working Capital	543.19	680.63	587.02	587.85	481.46	363.28
Book Value Per Share	1.07	1.16	1.21	1.27	1.24	1.24
Tangible Book Value	1,794	2,087	2,178	2,186	2,126	2,328
Tangible Book Value Per Share	0.99	1.11	1.15	1.15	1.12	1.23
Buildings	-	1,991	1,988	1,864	1,862	1,992
Machinery	-	924.97	802.11	798.49	791.48	783.44
Construction In Progress	-	51.93	26.95	19.63	136.9	133.72

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.