SHA:601908 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	381.31	467.99	3,154	3,267	3,834	575.08
Trading Asset Securities	58.6	58.6	58.6	137.92	941.53	231.55
Cash & Short-Term Investments	439.91	526.59	3,213	3,405	4,775	806.63
Cash Growth	-66.91%	-83.61%	-5.66%	-28.69%	492.00%	-43.29%
Accounts Receivable	4,030	4,012	3,766	4,023	2,987	2,550
Other Receivables	134	41.95	27.54	65.31	17.3	27.54
Receivables	4,164	4,054	3,793	4,088	3,091	2,578
Inventory	837.56	890.43	2,019	1,678	1,623	593.44
Other Current Assets	675.13	791.09	1,039	859.59	732.59	312.69
Total Current Assets	6,116	6,262	10,064	10,032	10,222	4,290
Property, Plant & Equipment	10,602	11,212	11,991	10,524	10,860	11,591
Long-Term Investments	775.73	873.74	1,004	1,018	-	0.71
Other Intangible Assets	236.54	241.71	260.76	269.52	237.71	204.59
Long-Term Accounts Receivable	64.49	61.27	96.82	117.4	125.8	136.6
Long-Term Deferred Tax Assets	674.4	640.93	574.33	208.52	167.21	189.64
Long-Term Deferred Charges	25.12	19.9	6.34	6.68	8.69	22.5
Other Long-Term Assets	50.9	64.34	174.16	106.28	250.62	434.46
Total Assets	18,546	19,377	24,172	22,282	21,872	16,870
Accounts Payable	2,795	2,681	3,563	2,376	2,452	1,270
Accrued Expenses	23.27	329.87	139.58	145.93	152.12	83.69
Short-Term Debt	1,061	1,310	1,932	1,456	1,594	1,209
Current Portion of Long-Term Debt	753.94	230.9	58.05	247.96	171.32	-
Current Portion of Leases	-	687.28	1,182	1,408	938.43	-
Current Income Taxes Payable	54.75	14.96	26.44	14.63	77.12	4.64
Current Unearned Revenue	70.26	69.26	329.73	136.2	171.16	105.59
Other Current Liabilities	278.34	90.21	114.47	144.92	219.49	1,470
Total Current Liabilities	5,036	5,413	7,345	5,930	5,776	4,143
Long-Term Debt	4,157	1,685	1,915	1,272	1,510	565.25
Long-Term Leases	343.03	3,048	3,221	3,702	3,600	4,357
Long-Term Unearned Revenue	125.9	119.43	130.97	99.02	106.03	100.76
Long-Term Deferred Tax Liabilities	93.67	82.63	90.78	5	5.45	7.85
Other Long-Term Liabilities	61.17	66.09	35.17	40.01	32.46	0.07
Total Liabilities	9,817	10,415	12,739	11,049	11,029	9,173
Common Stock	2,415	2,415	2,415	2,415	2,415	1,993
Additional Paid-In Capital	4,945	4,945	4,945	4,945	4,906	2,893
Retained Earnings	1,418	1,646	4,038	3,801	3,523	2,694
Treasury Stock	-	-	-	-	-60.25	-
Comprehensive Income & Other	24.92	14.28	6.06	1.54	-	-
Total Common Equity	8,802	9,019	11,403	11,162	10,783	7,581
Minority Interest	-73.6	-57.23	30.11	71.64	59.87	115.99
Shareholders' Equity	8,729	8,962	11,433	11,234	10,843	7,697
Total Liabilities & Equity	18,546	19,377	24,172	22,282	21,872	16,870
Total Debt	6,315	6,962	8,309	8,086	7,814	6,131
Net Cash (Debt)	-5,875	-6,435	-5,096	-4,681	-3,038	-5,324
Net Cash Per Share	-2.43	-2.67	-2.16	-1.99	-1.28	-2.66
Filing Date Shares Outstanding	2,415	2,415	2,415	2,415	2,405	1,993
Total Common Shares Outstanding	2,415	2,415	2,415	2,415	2,405	1,993
Working Capital	1,081	849.26	2,719	4,102	4,446	147.77
Book Value Per Share	3.65	3.74	4.72	4.62	4.48	3.80
Tangible Book Value	8,566	8,777	11,142	10,893	10,545	7,376
Tangible Book Value Per Share	3.55	3.64	4.61	4.51	4.39	3.70
Buildings	-	2,262	1,767	1,510	1,477	-
Machinery	-	12,595	12,209	11,599	11,244	-
Construction In Progress	-	1,006	1,784	507.63	738.91	-

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