SHA:601968 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	830.07	1,189	485.27	580.09	760.7	704.95
Short-Term Investments	-	2.22	12.52	2.13	-	-
Cash & Short-Term Investments	830.07	1,191	497.79	582.21	760.7	704.95
Cash Growth	29.58%	139.27%	-14.50%	-23.46%	7.91%	-26.03%
Accounts Receivable	2,079	1,734	1,496	1,759	1,766	1,574
Other Receivables	22.62	11.29	8.04	11.09	6.59	9.54
Receivables	2,102	1,745	1,504	1,770	1,772	1,583
Inventory	1,022	1,136	1,011	853.97	1,283	696.31
Other Current Assets	264.21	279.66	191.65	230.69	287.89	204.9
Total Current Assets	4,218	4,352	3,205	3,437	4,104	3,189
Property, Plant & Equipment	4,593	4,519	4,503	4,252	3,564	2,823
Long-Term Investments	208.68	206.35	1.27	-	-	-
Other Intangible Assets	507.21	511.24	376.36	376.33	224.95	198.92
Long-Term Deferred Tax Assets	62.33	60.77	63.07	68.95	50.26	35.33
Long-Term Deferred Charges	22.64	29.83	33.11	28.22	8.1	4.14
Other Long-Term Assets	41.32	32.1	75.95	137.07	277.5	206.84
Total Assets	9,654	9,712	8,257	8,299	8,228	6,458
Accounts Payable	3,388	3,467	2,603	2,804	3,340	2,098
Accrued Expenses	34.85	138.97	76.81	117.31	97.3	70.42
Short-Term Debt	290.97	158.4	-	6.11	19.8	106.12
Current Portion of Long-Term Debt	200.98	258.38	122	271.47	22.45	28.25
Current Portion of Leases	-	3.06	19.14	19.42	29.87	-
Current Income Taxes Payable	40.51	25.44	15.77	24.46	10.46	11.74
Current Unearned Revenue	76.03	51.26	49.8	49.63	59.84	77.58
Other Current Liabilities	728.28	482.46	548.67	427.98	298.36	156.5
Total Current Liabilities	4,760	4,585	3,435	3,721	3,878	2,549
Long-Term Debt	82.59	421.78	710.26	527.74	477.69	205.32
Long-Term Leases	8.05	7.73	5.96	21.79	48.06	-
Long-Term Unearned Revenue	73.55	70.08	75.17	73.94	72.89	69.93
Long-Term Deferred Tax Liabilities	5.84	7.01	9.6	-	-	-
Other Long-Term Liabilities	0.15	0.17	0.18	0.18	0.29	0.29
Total Liabilities	4,930	5,092	4,236	4,344	4,477	2,825
Common Stock	1,276	1,276	1,133	1,133	1,133	833.33
Additional Paid-In Capital	2,211	2,211	1,663	1,663	1,662	900.81
Retained Earnings	1,201	1,066	1,051	969.53	837.06	651.13
Treasury Stock	-70.01	-70.01	-	-	-	-
Comprehensive Income & Other	-51.97	-10.98	-2.38	2.2	-50.84	-30.24
Total Common Equity	4,566	4,471	3,844	3,767	3,581	2,355
Minority Interest	158	147.89	176.52	187.54	170.34	1,278
Shareholders' Equity	4,724	4,619	4,021	3,955	3,751	3,633
Total Liabilities & Equity	9,654	9,712	8,257	8,299	8,228	6,458
Total Debt	582.6	849.36	857.36	846.53	597.87	339.69
Net Cash (Debt)	247.47	341.7	-359.57	-264.31	162.83	365.26
Net Cash Growth	-	-	-	-	-55.42%	53.14%
Net Cash Per Share	0.20	0.30	-0.31	-0.24	0.15	0.44
Filing Date Shares Outstanding	1,261	1,261	1,133	1,133	1,133	833.33
Total Common Shares Outstanding	1,261	1,261	1,133	1,133	1,133	833.33
Working Capital	-541.61	-233.32	-230.57	-284.16	225.51	640.33
Book Value Per Share	3.62	3.54	3.39	3.33	3.16	2.83
Tangible Book Value	4,059	3,960	3,468	3,391	3,356	2,156
Tangible Book Value Per Share	3.22	3.14	3.06	2.99	2.96	2.59
Buildings	-	1,500	1,499	1,265	1,032	931.28
Machinery	-	5,624	5,536	4,740	4,029	3,671
Construction In Progress	-	383.41	78.96	533.73	450.24	52.68

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