FRA:BDG 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	1,552	3,044	3,310	4,240	4,146	3,534
Cash & Short-Term Investments	1,552	3,044	3,310	4,240	4,146	3,534
Cash Growth	-20.36%	-8.03%	-21.95%	2.28%	17.31%	-9.03%
Receivables	10,477	9,566	9,480	8,155	7,952	7,417
Inventory	104.53	94.92	70.66	67.92	127.05	144.69
Prepaid Expenses	83.45	413.6	444.65	415.92	882.63	556.8
Other Current Assets	191.54	112.66	99.94	41.05	1,128	39.18
Total Current Assets	12,409	13,231	13,405	12,920	14,236	11,692
Property, Plant & Equipment	1,492	2,060	1,948	1,515	1,491	1,279
Long-Term Investments	3,711	3,682	3,490	3,160	2,509	1,997
Goodwill	5.74	5.74	5.74	5.74	5.74	5.74
Other Intangible Assets	819.7	513.38	542.21	562.83	562.8	405.55
Long-Term Accounts Receivable	-	4,524	4,936	5,193	5,306	5,167
Long-Term Deferred Tax Assets	402.75	392.98	358.35	276.16	248.45	241.94
Other Long-Term Assets	4,399	132.48	163.37	229.18	306.65	271.6
Total Assets	23,398	24,542	24,850	23,862	24,666	21,060
Accounts Payable	4,665	5,587	5,914	5,385	4,459	4,512
Accrued Expenses	429.03	3.91	3.91	3.76	3.26	3.6
Short-Term Debt	920.24	800.06	811.25	515.34	113.19	110.69
Current Portion of Long-Term Debt	-	717.13	1,305	808.01	2,159	364.34
Current Portion of Leases	-	81.84	89.39	105.35	104.92	83.52
Current Income Taxes Payable	98.26	36.3	118.58	68.43	68.67	48.36
Current Unearned Revenue	2,217	506.61	473.81	649.65	857.42	817.67
Other Current Liabilities	1,553	3,328	3,282	3,361	5,154	3,886
Total Current Liabilities	9,882	11,061	11,998	10,896	12,920	9,827
Long-Term Debt	4,616	4,834	4,494	5,263	4,608	4,825
Long-Term Leases	186.4	185.79	214.05	212.2	211.71	146.39
Pension & Post-Retirement Benefits	-	78.6	74.47	68.17	66.07	63.48
Long-Term Deferred Tax Liabilities	9.97	7.4	7.58	1.81	1.95	16.44
Other Long-Term Liabilities	554.88	441.69	433.11	433.69	442.74	433.04
Total Liabilities	15,255	16,609	17,221	16,875	18,250	15,311
Common Stock	1,349	1,349	1,349	1,349	1,349	1,349
Retained Earnings	5,858	5,679	5,400	4,783	4,052	3,356
Comprehensive Income & Other	40.59	668.13	652.64	655.46	748.21	745.36
Total Common Equity	7,893	7,696	7,401	6,787	6,148	5,450
Minority Interest	249.46	237.52	227.43	199.91	266.68	297.96
Shareholders' Equity	8,143	7,933	7,629	6,987	6,415	5,748
Total Liabilities & Equity	23,398	24,542	24,850	23,862	24,666	21,060
Total Debt	5,722	6,619	6,914	6,904	7,197	5,530
Net Cash (Debt)	-4,170	-3,575	-3,604	-2,663	-3,051	-1,996
Net Cash Per Share	-3.16	-2.65	-2.67	-1.97	-2.26	-1.48
Filing Date Shares Outstanding	1,193	1,349	1,349	1,349	1,349	1,349
Total Common Shares Outstanding	1,193	1,349	1,349	1,349	1,349	1,349
Working Capital	2,526	2,170	1,407	2,024	1,315	1,865
Book Value Per Share	6.61	5.71	5.49	5.03	4.56	4.04
Tangible Book Value	7,068	7,177	6,853	6,218	5,580	5,039
Tangible Book Value Per Share	5.92	5.32	5.08	4.61	4.14	3.74
Buildings	-	929.42	796.43	489.84	504.13	493.45
Machinery	-	1,112	1,138	1,059	999.93	651.3
Construction In Progress	1.19	29.39	19.07	-	-	3.25
Leasehold Improvements	-	362.22	327.14	204.85	178.04	135.73

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