SHA:600996 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	164.24	150.74	555.6	260.11	1,496	581.58
Cash & Short-Term Investments	164.24	150.74	555.6	260.11	1,496	581.58
Cash Growth	-24.45%	-72.87%	113.60%	-82.61%	157.22%	-57.31%
Accounts Receivable	3,181	3,081	3,265	3,476	2,979	2,854
Other Receivables	166.43	572.41	889.81	1,130	1,328	1,146
Receivables	3,347	3,654	4,155	4,606	4,307	4,000
Inventory	148.93	117.05	136.97	194.19	265.18	202.42
Prepaid Expenses	-	0.97	1.92	1.27	-	-
Other Current Assets	679.31	662.36	668.38	684.37	146.28	197.13
Total Current Assets	4,340	4,585	5,517	5,746	6,215	4,981
Property, Plant & Equipment	7,586	8,013	7,930	8,110	7,875	7,817
Long-Term Investments	303.55	301.18	330.96	333.11	334.34	294.41
Goodwill	1.32	1.32	1.32	1.32	1.32	1.32
Other Intangible Assets	380.82	407.12	433.93	321.44	331.77	89.52
Long-Term Accounts Receivable	2,083	-	-	2,544	2,066	1,795
Long-Term Deferred Tax Assets	0.79	0.79	2.39	0.33	0	2.33
Long-Term Deferred Charges	273.28	383.86	563.58	763.56	918.43	1,066
Other Long-Term Assets	216.72	2,342	2,533	200.24	163.09	104.3
Total Assets	15,185	16,034	17,313	18,019	17,904	16,151
Accounts Payable	2,791	2,962	3,269	3,206	2,993	2,972
Accrued Expenses	92.66	114.35	155.46	267.84	151.4	313.96
Short-Term Debt	4,017	4,080	3,704	3,876	4,086	1,779
Current Portion of Long-Term Debt	975.96	763.88	1,083	187.93	504.38	542
Current Portion of Leases	-	7.03	13.28	16.68	21.48	2.47
Current Income Taxes Payable	4.22	1.17	0.89	2.11	0.18	0.08
Current Unearned Revenue	640.6	680.88	710.47	739.43	913.45	1,046
Other Current Liabilities	1,596	1,452	1,127	772.55	562.9	555.01
Total Current Liabilities	10,118	10,061	10,064	9,068	9,233	7,211
Long-Term Debt	1,703	1,824	2,007	2,114	2,917	3,211
Long-Term Leases	22.95	37.37	93.01	243.26	246.33	-
Long-Term Unearned Revenue	256.35	288.26	313.77	329.57	321.12	272.75
Long-Term Deferred Tax Liabilities	0.11	0.11	0.18	0.6	-	-
Other Long-Term Liabilities	142.69	212.92	199.44	383.94	559.66	810.41
Total Liabilities	12,242	12,424	12,677	12,140	13,278	11,505
Common Stock	1,247	1,224	1,211	1,206	1,052	1,052
Additional Paid-In Capital	3,127	2,965	2,872	2,833	1,669	1,670
Retained Earnings	-2,035	-1,219	-134.55	1,250	1,239	1,688
Comprehensive Income & Other	-	16.1	24.92	27.88	146.77	146.78
Total Common Equity	2,339	2,987	3,973	5,317	4,107	4,556
Minority Interest	603.95	622.62	663.04	561.65	519.55	89.76
Shareholders' Equity	2,943	3,609	4,636	5,879	4,627	4,646
Total Liabilities & Equity	15,185	16,034	17,313	18,019	17,904	16,151
Total Debt	6,718	6,713	6,901	6,438	7,776	5,535
Net Cash (Debt)	-6,554	-6,562	-6,345	-6,178	-6,280	-4,953
Net Cash Per Share	-5.31	-5.39	-5.27	-5.43	-5.92	-4.47
Filing Date Shares Outstanding	1,247	1,224	1,211	1,206	1,052	1,052
Total Common Shares Outstanding	1,247	1,224	1,211	1,206	1,052	1,052
Working Capital	-5,778	-5,476	-4,546	-3,323	-3,018	-2,230
Book Value Per Share	1.88	2.44	3.28	4.41	3.91	4.33
Tangible Book Value	1,957	2,578	3,537	4,995	3,774	4,465
Tangible Book Value Per Share	1.57	2.11	2.92	4.14	3.59	4.25
Buildings	-	1,625	1,144	487.71	407.07	383.65
Machinery	-	213.13	211.71	216.41	214.84	209.79
Construction In Progress	-	302.95	311.48	893.16	667.39	864.24

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