SHA:600984 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	799.37	1,329	1,028	1,245	1,676	2,367
Short-Term Investments	-	62.67	55.05	-	-	-
Cash & Short-Term Investments	799.37	1,391	1,083	1,245	1,676	2,367
Cash Growth	-44.89%	28.45%	-12.98%	-25.75%	-29.19%	218.75%
Accounts Receivable	4,337	4,780	5,325	5,836	5,488	4,167
Other Receivables	117.1	58.87	72.87	78.91	86.03	60.36
Receivables	4,454	4,839	5,398	5,915	5,574	4,228
Inventory	475.43	376.99	352.97	333.47	413.76	333.22
Prepaid Expenses	-	9.19	9.56	16.89	25.02	4.47
Other Current Assets	360.54	354.62	363.52	414.64	489.39	522.95
Total Current Assets	6,089	6,971	7,207	7,924	8,179	7,456
Property, Plant & Equipment	8,075	8,512	8,718	8,726	8,145	6,455
Long-Term Investments	-	50	50	-	-	-
Goodwill	-	154.36	254.47	371.37	371.37	399.08
Other Intangible Assets	236.9	254.14	255.41	263.17	257.1	224.37
Long-Term Deferred Tax Assets	529.49	365.87	393.3	363.06	344.58	274.72
Long-Term Deferred Charges	28.93	38.69	57.86	74.4	77.9	47.81
Other Long-Term Assets	604.11	633.83	637.3	270.69	227.73	281.74
Total Assets	15,564	16,980	17,574	17,993	17,603	15,139
Accounts Payable	1,292	1,373	1,615	1,943	2,501	2,695
Accrued Expenses	49.83	137.03	148.43	148.05	181	143.62
Short-Term Debt	1,359	2,029	2,086	1,956	2,470	1,643
Current Portion of Long-Term Debt	1,477	2,211	2,561	1,016	950.63	-
Current Portion of Leases	-	395.25	686.67	969.18	266.57	-
Current Income Taxes Payable	33.54	5.37	4.41	19.33	77.33	62.9
Current Unearned Revenue	15.79	23.85	22.01	6.9	30.81	35.34
Other Current Liabilities	114.55	101.35	97.55	138.44	1,215	1,396
Total Current Liabilities	4,341	6,276	7,221	6,198	7,691	5,976
Long-Term Debt	3,525	3,555	3,973	4,477	2,101	1,567
Long-Term Leases	1,288	824.16	852.84	1,035	1,464	-
Long-Term Unearned Revenue	18.18	10.86	9.72	5.91	1.86	0.99
Long-Term Deferred Tax Liabilities	29.75	59.95	253.85	266.37	243.9	187.05
Other Long-Term Liabilities	1,979	1,976	-	-	-	1,590
Total Liabilities	11,181	12,703	12,311	11,982	11,503	9,320
Common Stock	1,257	1,257	1,257	1,257	966.96	966.96
Additional Paid-In Capital	3,624	3,625	3,625	3,625	3,915	3,915
Retained Earnings	-1,576	-629.54	358.9	1,104	1,196	918.11
Comprehensive Income & Other	1,029	24.66	21.7	23.67	18.54	13.65
Total Common Equity	4,334	4,277	5,263	6,009	6,097	5,814
Minority Interest	49	-	-	1.32	3.29	4.34
Shareholders' Equity	4,383	4,277	5,263	6,011	6,100	5,818
Total Liabilities & Equity	15,564	16,980	17,574	17,993	17,603	15,139
Total Debt	7,649	9,015	10,160	9,454	7,252	3,210
Net Cash (Debt)	-6,850	-7,624	-9,077	-8,209	-5,576	-842.72
Net Cash Per Share	-5.45	-6.06	-7.22	-6.54	-4.44	-0.70
Filing Date Shares Outstanding	1,257	1,257	1,257	1,257	1,257	1,257
Total Common Shares Outstanding	1,257	1,257	1,257	1,257	1,257	1,257
Working Capital	1,748	694.79	-14.18	1,726	487.47	1,480
Book Value Per Share	2.65	3.40	4.19	4.78	4.85	4.63
Tangible Book Value	4,097	3,869	4,753	5,375	5,468	5,190
Tangible Book Value Per Share	2.46	3.08	3.78	4.28	4.35	4.13
Buildings	-	1,145	804.57	591.45	385.23	-
Machinery	-	10,878	10,822	10,628	9,006	-
Construction In Progress	-	280.45	477.77	454.62	291.22	-

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