SHA:688306 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	604.51	637.36	776.99	672.34	336.23	331.03
Trading Asset Securities	20.84	25.02	200.25	200.78	-	-
Cash & Short-Term Investments	625.35	662.38	977.24	873.11	336.23	331.03
Cash Growth	-20.36%	-32.22%	11.93%	159.68%	1.57%	-36.48%
Accounts Receivable	463.14	531.69	381.14	453.66	209.41	134.07
Other Receivables	38.89	27.8	9.23	12.73	8.61	7.96
Receivables	502.03	559.49	390.37	466.39	218.02	142.03
Inventory	2,030	1,618	1,931	1,892	1,498	1,707
Prepaid Expenses	-	-	-	-	-	7.49
Other Current Assets	165.42	78.57	85.47	71.69	74.39	69.2
Total Current Assets	3,322	2,918	3,384	3,303	2,127	2,257
Property, Plant & Equipment	766.55	755.69	748.81	596.26	423.77	408.02
Goodwill	723.16	652.93	682.12	651.11	631.71	702.17
Other Intangible Assets	103.59	104.16	111.85	109.04	102.94	123.64
Long-Term Deferred Tax Assets	258.8	225.4	228.56	147.02	117.79	117.12
Long-Term Deferred Charges	3.92	0.78	0.66	0.97	2.28	8.05
Other Long-Term Assets	17.27	17.27	-	-	-	-
Total Assets	5,196	4,674	5,156	4,808	3,405	3,616
Accounts Payable	394.2	317.51	404.93	460.4	332.65	170.26
Accrued Expenses	115.03	146.96	165.56	129.29	130.25	103.59
Short-Term Debt	467.64	105.2	189.85	491.75	561.17	455.8
Current Portion of Long-Term Debt	170.68	591.99	219.77	64.12	200.06	156.88
Current Portion of Leases	-	30.69	32.18	27.14	23.41	-
Current Income Taxes Payable	28.69	7.62	0.75	9.29	4.58	0.62
Current Unearned Revenue	1,523	1,313	1,458	1,055	772.33	1,086
Other Current Liabilities	37.53	13.16	20.33	15.5	23.89	19.09
Total Current Liabilities	2,737	2,526	2,491	2,253	2,048	1,992
Long-Term Debt	499.24	244.18	718.99	437.8	725.44	963.93
Long-Term Leases	35.94	48.36	20.91	32.83	40.76	-
Long-Term Unearned Revenue	0.6	0.76	0.98	1.2	1.42	1.64
Pension & Post-Retirement Benefits	85.37	70.43	70.92	61.76	84.02	99.29
Long-Term Deferred Tax Liabilities	6.66	2.19	6.24	14.15	4.08	15.16
Other Long-Term Liabilities	21.72	25.34	21.61	21.1	22.97	24.26
Total Liabilities	3,386	2,917	3,331	2,821	2,927	3,096
Common Stock	1,228	1,228	1,228	1,228	921.21	921.21
Additional Paid-In Capital	1,414	1,414	1,421	1,414	301.9	301.9
Retained Earnings	-890.02	-835.68	-843.88	-637.77	-680.05	-723.23
Treasury Stock	-52.63	-49.61	-4.53	-	-	-
Comprehensive Income & Other	108.84	-0.12	28.21	-17.29	-64.82	20
Total Common Equity	1,809	1,757	1,829	1,987	478.24	519.88
Minority Interest	0.61	-	-4.38	-0.74	-0.09	-
Shareholders' Equity	1,809	1,757	1,825	1,986	478.15	519.88
Total Liabilities & Equity	5,196	4,674	5,156	4,808	3,405	3,616
Total Debt	1,173	1,020	1,182	1,054	1,551	1,577
Net Cash (Debt)	-548.15	-358.03	-204.46	-180.53	-1,215	-1,246
Net Cash Per Share	-0.41	-0.29	-0.17	-0.17	-1.32	-1.35
Filing Date Shares Outstanding	1,640	1,216	1,227	1,228	921.21	921.21
Total Common Shares Outstanding	1,640	1,216	1,227	1,228	921.21	921.21
Working Capital	585.66	392.24	892.61	1,051	78.35	265.15
Book Value Per Share	1.10	1.44	1.49	1.62	0.52	0.56
Tangible Book Value	982.06	1,000	1,035	1,227	-256.4	-305.93
Tangible Book Value Per Share	0.60	0.82	0.84	1.00	-0.28	-0.33
Buildings	-	707.86	359.75	339.59	325	356.55
Machinery	-	233.46	238.66	214.34	197.72	119.23
Construction In Progress	-	-	347.09	195.89	20.1	17.55
Order Backlog	-	3,150	-	-	-	-

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