SHA:603843 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	72.38	197.35	402.95	673.18	919.79	863.44
Short-Term Investments	-	-	-	107.32	151.21	109.39
Cash & Short-Term Investments	72.38	197.35	402.95	780.5	1,071	972.83
Cash Growth	-58.86%	-51.02%	-48.37%	-27.12%	10.09%	48.08%
Accounts Receivable	3,295	3,061	3,684	4,120	4,821	3,567
Other Receivables	354.74	330.36	348.44	294.18	330.69	480.26
Receivables	3,650	3,392	4,032	4,414	5,151	4,047
Inventory	24.77	26.96	34.14	75.15	64.21	75.65
Prepaid Expenses	-	8.99	8.6	-	7.7	2.96
Other Current Assets	220.29	178.71	187.88	239.01	230.8	210.79
Total Current Assets	3,967	3,804	4,666	5,509	6,525	5,309
Property, Plant & Equipment	827.59	844.13	860.39	797.56	825.91	791.98
Long-Term Investments	555.85	548.63	676.92	755.55	841.97	834.5
Goodwill	31.71	31.71	31.71	32.67	32.67	33.05
Other Intangible Assets	1,280	1,285	1,287	317.43	327.69	270.66
Long-Term Accounts Receivable	-	448.51	448.51	1,258	979.87	136.76
Long-Term Deferred Tax Assets	243.15	236.32	164.5	104.74	60.08	39.29
Long-Term Deferred Charges	10.03	11.38	16.68	23.71	37.33	47.45
Other Long-Term Assets	498.39	87.7	76.19	82.9	61.66	43.75
Total Assets	7,414	7,297	8,228	8,881	9,692	7,507
Accounts Payable	2,479	2,347	2,932	3,204	3,913	2,903
Accrued Expenses	148.46	228.66	147.52	113.17	196.12	99.32
Short-Term Debt	1,216	1,738	1,436	1,152	855.36	543
Current Portion of Long-Term Debt	275.17	158.53	321.23	101.08	295.46	252.3
Current Portion of Leases	-	23.19	21.41	23.35	21.8	67.45
Current Income Taxes Payable	79.96	15.6	16.44	19.75	49.56	39.27
Current Unearned Revenue	295.92	360.57	394.88	469.27	582.33	577.01
Other Current Liabilities	1,366	755.29	780.11	1,040	809.12	491.32
Total Current Liabilities	5,860	5,627	6,050	6,123	6,723	4,972
Long-Term Debt	960.7	971.37	836.55	806.95	721.74	609.01
Long-Term Leases	0.36	0.85	10.49	12.55	12.04	28.05
Long-Term Unearned Revenue	34.91	34.77	35.92	36.7	37.93	37.62
Long-Term Deferred Tax Liabilities	0.43	0.43	0.3	0.66	0.05	0.06
Other Long-Term Liabilities	0.94	0.24	0.24	0.24	0.24	0.24
Total Liabilities	6,857	6,634	6,934	6,980	7,495	5,647
Common Stock	699.62	699.62	699.62	699.62	699.62	560
Additional Paid-In Capital	397.9	397.9	397.9	399.26	399.83	342.95
Retained Earnings	-690.47	-590.71	-106.78	424.82	655.3	576.08
Comprehensive Income & Other	-127.26	-132.11	-17.6	47.01	113.71	76.99
Total Common Equity	279.79	374.69	973.14	1,571	1,868	1,556
Minority Interest	277.02	288.06	320.9	330.59	328.59	303.42
Shareholders' Equity	556.81	662.75	1,294	1,901	2,197	1,859
Total Liabilities & Equity	7,414	7,297	8,228	8,881	9,692	7,507
Total Debt	2,452	2,892	2,626	2,096	1,906	1,500
Net Cash (Debt)	-2,380	-2,694	-2,223	-1,316	-835.39	-526.97
Net Cash Per Share	-3.39	-3.84	-3.18	-1.91	-1.34	-0.93
Filing Date Shares Outstanding	699.62	699.62	699.62	699.62	699.62	560
Total Common Shares Outstanding	699.62	699.62	699.62	699.62	699.62	560
Working Capital	-1,893	-1,823	-1,385	-613.82	-198.13	336.99
Book Value Per Share	0.40	0.54	1.39	2.25	2.67	2.78
Tangible Book Value	-1,032	-942.06	-345.95	1,221	1,508	1,252
Tangible Book Value Per Share	-1.47	-1.35	-0.49	1.74	2.16	2.24
Buildings	-	553.98	558.59	591.95	605.19	599.36
Machinery	-	312.02	383.91	398.49	478.78	463.81
Construction In Progress	-	304.41	272.47	137.3	106.2	67.74
Order Backlog	-	3,772	-	-	-	-

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