SHA:688660 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	2,209	3,005	2,211	5,680	6,045	4,077
Cash & Short-Term Investments	2,209	3,005	2,211	5,680	6,045	4,077
Cash Growth	-	35.91%	-61.08%	-6.03%	48.27%	3.70%
Accounts Receivable	8,935	10,514	9,974	9,633	9,348	12,232
Other Receivables	173.82	143.61	103.87	72.4	81.35	159.26
Receivables	9,109	10,657	10,078	9,706	9,429	12,391
Inventory	6,736	1,712	1,669	1,795	4,157	4,644
Other Current Assets	3,010	1,572	913.12	1,157	942.31	3,062
Total Current Assets	21,064	16,946	14,870	18,338	20,573	24,174
Property, Plant & Equipment	3,438	3,219	2,926	4,196	2,653	2,011
Long-Term Investments	1,845	1,558	1,417	941.55	716.73	464.65
Goodwill	7.29	7.29	7.29	7.29	7.29	7.29
Other Intangible Assets	304.54	323.36	177.86	196.19	88.36	85.04
Long-Term Accounts Receivable	-	5,486	4,982	5,248	5,523	4,107
Long-Term Deferred Tax Assets	1,543	1,540	1,390	1,249	1,026	881.7
Long-Term Deferred Charges	11.88	7.81	13.4	14.3	15.85	18.75
Other Long-Term Assets	5,703	117.53	73.43	17.59	89.98	17.59
Total Assets	33,916	29,205	25,857	30,208	30,693	31,766
Accounts Payable	15,938	12,860	10,969	12,380	13,585	13,310
Accrued Expenses	91.85	1,064	724.87	1,003	1,344	1,048
Short-Term Debt	369.49	306.76	1,088	75.95	-	334.41
Current Portion of Long-Term Debt	-	1,864	103.7	88.55	105.84	-
Current Portion of Leases	-	79.44	56.63	57.61	122.57	-
Current Income Taxes Payable	17.68	32.17	22.98	44.38	48.32	67.84
Current Unearned Revenue	5,301	2,217	760.15	1,805	3,043	8,395
Other Current Liabilities	4,216	1,127	1,684	1,657	1,128	1,289
Total Current Liabilities	25,933	19,550	15,409	17,112	19,376	24,445
Long-Term Debt	2,044	2,276	2,031	2,634	514.13	525.78
Long-Term Leases	359.29	289.79	251.17	306.26	358.98	-
Long-Term Unearned Revenue	58.6	48.5	87.71	199.85	262.15	693.62
Other Long-Term Liabilities	1,122	1,916	2,204	2,807	2,557	1,777
Total Liabilities	29,517	24,081	19,983	23,058	23,068	27,442
Common Stock	1,333	1,333	1,333	1,333	1,333	800
Additional Paid-In Capital	5,139	5,138	5,116	5,116	5,113	2,848
Retained Earnings	-2,166	-1,434	-649.11	622.16	1,114	626.93
Comprehensive Income & Other	84.63	73.64	64.78	68.88	62.26	49.45
Total Common Equity	4,391	5,111	5,865	7,141	7,623	4,325
Minority Interest	8.58	12.63	9.19	9.45	1.47	-
Shareholders' Equity	4,400	5,124	5,874	7,150	7,624	4,325
Total Liabilities & Equity	33,916	29,205	25,857	30,208	30,693	31,766
Total Debt	2,772	4,816	3,530	3,162	1,102	860.2
Net Cash (Debt)	-563.35	-1,811	-1,320	2,518	4,943	3,217
Net Cash Growth	-	-	-	-49.06%	53.67%	14.92%
Net Cash Per Share	-0.42	-1.36	-0.99	1.89	4.45	4.02
Filing Date Shares Outstanding	1,333	1,333	1,333	1,333	1,333	800
Total Common Shares Outstanding	1,333	1,333	1,333	1,333	1,333	800
Working Capital	-4,870	-2,604	-538.81	1,226	1,196	-271.58
Book Value Per Share	3.29	3.83	4.40	5.36	5.72	5.41
Tangible Book Value	4,079	4,781	5,680	6,937	7,527	4,232
Tangible Book Value Per Share	3.06	3.59	4.26	5.20	5.65	5.29
Buildings	-	1,397	1,239	823.88	821.82	873.4
Machinery	-	2,845	2,443	2,040	1,782	1,251
Construction In Progress	-	226.87	374.02	2,154	499.39	417.13

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