SHA:601700 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	1,573	1,917	1,222	805.77	794.99	977.8
Trading Asset Securities	-	332.65	-	0	36.01	19.45
Cash & Short-Term Investments	1,573	2,250	1,222	805.77	831	997.26
Cash Growth	-9.38%	84.15%	51.61%	-3.04%	-16.67%	-14.79%
Accounts Receivable	1,753	1,973	2,396	1,878	2,134	1,909
Other Receivables	76.68	71.26	115.3	82.33	82.84	87.75
Receivables	1,830	2,044	2,512	1,960	2,217	1,997
Inventory	1,021	920.52	1,100	701.81	907.4	607.67
Prepaid Expenses	-	17.44	7.01	-	0.23	0.01
Other Current Assets	277.04	134.51	294.28	104.93	182.69	170.21
Total Current Assets	4,701	5,366	5,135	3,572	4,138	3,772
Property, Plant & Equipment	1,644	1,500	1,457	759.88	662.44	506.21
Long-Term Investments	151.35	108.52	137.79	171.87	183.63	208.97
Goodwill	338.98	338.98	370.48	-	-	-
Other Intangible Assets	471.06	443.28	465.78	135.09	138.88	142.85
Long-Term Deferred Tax Assets	101.83	95.78	91.79	54.74	56.63	54.51
Long-Term Deferred Charges	3.21	3.84	2.65	2.14	2.61	2.6
Other Long-Term Assets	130.72	138.86	124.73	90.49	52.69	55.27
Total Assets	7,543	7,995	7,785	4,787	5,235	4,742
Accounts Payable	941.08	1,318	1,231	461.27	750.34	296.54
Accrued Expenses	16.89	61.18	40.46	23.46	32.3	39.19
Short-Term Debt	2,378	2,394	1,875	1,575	1,525	1,626
Current Portion of Long-Term Debt	107.39	56.17	13.36	-	6.08	-
Current Portion of Leases	-	56.56	144.15	0.17	0.16	-
Current Income Taxes Payable	22.51	26.62	6.51	0.49	7.25	26.72
Current Unearned Revenue	386.01	345.32	243.52	48.46	165.21	101.86
Other Current Liabilities	306.43	133.27	718.88	38.45	61.64	38.87
Total Current Liabilities	4,158	4,391	4,273	2,147	2,548	2,129
Long-Term Debt	389.81	506.56	280.65	-	44	-
Long-Term Leases	126.99	76.85	45.75	0.76	0.93	-
Long-Term Unearned Revenue	21.52	15.3	5.35	5.43	5	-
Long-Term Deferred Tax Liabilities	94.68	101.73	108.77	0.5	0.58	0.74
Total Liabilities	4,796	5,092	4,714	2,154	2,599	2,129
Common Stock	1,142	1,142	1,142	1,142	1,141	1,133
Additional Paid-In Capital	1,270	1,270	1,268	1,268	1,262	1,222
Retained Earnings	320.1	346.92	312.74	255.43	280.23	300.21
Treasury Stock	-115	-	-	-	-	-
Comprehensive Income & Other	-61.88	-80.61	-67.15	-54.9	-66.9	-61.82
Total Common Equity	2,556	2,679	2,656	2,611	2,616	2,594
Minority Interest	190.82	224.75	414.55	21.87	20.09	18.95
Shareholders' Equity	2,746	2,903	3,071	2,633	2,636	2,613
Total Liabilities & Equity	7,543	7,995	7,785	4,787	5,235	4,742
Total Debt	3,002	3,090	2,359	1,576	1,577	1,626
Net Cash (Debt)	-1,429	-840.5	-1,137	-770.09	-745.57	-628.31
Net Cash Per Share	-1.26	-0.74	-0.99	-0.67	-0.65	-0.55
Filing Date Shares Outstanding	1,115	1,142	1,142	1,142	1,141	1,133
Total Common Shares Outstanding	1,115	1,142	1,142	1,142	1,141	1,133
Working Capital	542.9	974.62	861.2	1,425	1,590	1,643
Book Value Per Share	2.29	2.35	2.33	2.29	2.29	2.29
Tangible Book Value	1,746	1,896	1,820	2,476	2,477	2,451
Tangible Book Value Per Share	1.56	1.66	1.59	2.17	2.17	2.16
Buildings	-	912.12	878.6	525.1	443.61	439.59
Machinery	-	1,358	1,323	689.27	623.93	426.38
Construction In Progress	-	62.11	7.53	5.55	7.44	-

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