FRA:640 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	Jun '25 Jun 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	17,674	16,425	24,651	15,224	14,267	9,457
Short-Term Investments	13,787	9,223	7,581	7,507	9,766	5,822
Trading Asset Securities	59.99	-	-	-	-	-
Cash & Short-Term Investments	31,521	25,648	32,231	22,731	24,034	15,280
Cash Growth	-4.71%	-20.43%	41.79%	-5.42%	57.29%	-5.93%
Accounts Receivable	110,975	101,670	95,695	84,818	78,175	73,078
Other Receivables	8,918	8,657	6,912	6,845	7,612	6,197
Receivables	119,894	110,327	102,607	91,663	85,787	79,275
Inventory	41,936	37,053	31,875	26,547	24,186	20,701
Prepaid Expenses	3,759	4,076	4,797	4,953	3,506	3,149
Restricted Cash	-	-	-	-	10.39	-
Other Current Assets	5,959	8,742	7,057	6,366	6,356	5,466
Total Current Assets	203,069	185,846	178,568	152,259	143,879	123,871
Property, Plant & Equipment	31,928	25,907	25,043	21,698	20,398	19,066
Long-Term Investments	7,287	6,143	6,878	6,622	6,388	5,334
Goodwill	24,294	22,369	21,454	20,409	20,287	17,744
Other Intangible Assets	11,016	6,948	6,536	6,359	6,149	4,852
Long-Term Deferred Tax Assets	2,188	1,969	1,773	1,435	1,067	816.65
Long-Term Deferred Charges	-	1,560	1,481	1,206	1,184	991.78
Other Long-Term Assets	7,067	7,018	5,037	5,546	3,146	2,894
Total Assets	286,849	257,760	246,770	215,534	202,497	176,299
Accounts Payable	60,071	58,786	54,451	48,853	42,673	38,479
Accrued Expenses	4,105	4,734	4,221	5,360	4,226	3,409
Short-Term Debt	260.6	-	-	10,167	10,018	9,428
Current Portion of Long-Term Debt	55,872	44,853	45,760	35,941	38,259	33,789
Current Portion of Leases	533.03	520.27	463.53	495.95	475.61	597.81
Current Income Taxes Payable	815.64	954.9	730.03	667.3	728.63	565.12
Current Unearned Revenue	3,385	4,225	4,023	3,538	2,898	2,086
Other Current Liabilities	19,284	18,149	24,585	16,747	15,854	14,897
Total Current Liabilities	144,326	132,222	134,233	121,770	115,132	103,251
Long-Term Debt	25,582	22,864	15,092	9,042	5,850	1,691
Long-Term Leases	764.33	768.14	844.89	770.27	759.16	973.15
Long-Term Unearned Revenue	-	713.72	788.58	775.14	725.69	548.54
Pension & Post-Retirement Benefits	762.13	773.54	761.7	828.95	886.72	869.38
Long-Term Deferred Tax Liabilities	2,245	1,915	1,718	1,587	1,601	1,405
Other Long-Term Liabilities	1,136	416.48	356.96	203.29	161.17	173.77
Total Liabilities	174,815	159,673	153,795	134,977	125,116	108,911
Common Stock	24,630	24,630	24,630	24,630	22,193	22,938
Retained Earnings	33,317	31,567	29,705	26,731	23,134	21,373
Comprehensive Income & Other	-7,980	-7,953	-8,376	-7,804	-3,794	-5,181
Total Common Equity	49,968	48,244	45,960	43,557	41,533	39,129
Minority Interest	62,067	49,843	47,015	37,000	35,848	28,259
Shareholders' Equity	112,035	98,087	92,975	80,557	77,381	67,388
Total Liabilities & Equity	286,849	257,760	246,770	215,534	202,497	176,299
Total Debt	83,012	69,005	62,161	56,416	55,362	46,478
Net Cash (Debt)	-51,490	-43,357	-29,930	-33,685	-31,328	-31,199
Net Cash Per Share	-8.20	-6.90	-4.76	-5.36	-4.99	-4.97
Filing Date Shares Outstanding	6,283	6,283	6,283	6,283	6,283	6,283
Total Common Shares Outstanding	6,283	6,283	6,283	6,283	6,283	6,283
Working Capital	58,743	53,624	44,335	30,489	28,747	20,621
Book Value Per Share	7.95	7.68	7.32	6.93	6.61	6.23
Tangible Book Value	14,658	18,928	17,969	16,789	15,098	16,534
Tangible Book Value Per Share	2.33	3.01	2.86	2.67	2.40	2.63
Buildings	-	17,264	16,124	13,507	12,991	12,070
Machinery	-	13,557	12,511	10,556	9,366	8,353
Construction In Progress	-	1,505	1,339	1,930	972.25	533.57
Leasehold Improvements	-	1,059	960.31	741.77	660.19	587.37

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