SHA:600004 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	6,493	4,731	2,528	2,227	1,573	2,325
Trading Asset Securities	0.12	0.12	0.1	0.13	-	-
Cash & Short-Term Investments	6,493	4,731	2,528	2,227	1,573	2,325
Cash Growth	47.27%	87.16%	13.50%	41.56%	-32.33%	87.21%
Accounts Receivable	1,169	1,023	1,109	908.17	1,273	1,125
Other Receivables	57.25	60.37	59.09	233.04	415.84	370.08
Receivables	1,227	1,084	1,168	1,141	1,688	1,495
Inventory	151.74	92.68	59.01	60.43	68.04	62.54
Prepaid Expenses	-	46.02	53.26	-	12.29	13.02
Other Current Assets	196.49	132.57	218.04	55.72	20.64	15.9
Total Current Assets	8,068	6,086	4,026	3,484	3,363	3,911
Property, Plant & Equipment	18,106	19,036	20,072	21,082	22,163	20,844
Long-Term Investments	996.33	920.29	774.13	723.28	687.87	628.64
Other Intangible Assets	176.51	222.74	276.25	335.36	382.54	438.53
Long-Term Deferred Tax Assets	311.27	527.63	838.47	1,017	636.19	295.88
Long-Term Deferred Charges	2.81	5.58	8.67	11.6	2.02	2.39
Other Long-Term Assets	218.76	199.89	194.74	287.54	310.76	177.21
Total Assets	27,879	26,998	26,190	26,941	27,545	26,298
Accounts Payable	896.12	838.19	986.89	875	789.41	756.77
Accrued Expenses	445.65	647.86	666.48	674.95	732.64	942.15
Short-Term Debt	-	-	-	1,000	-	20
Current Portion of Leases	313.87	321.73	309.26	248.74	293.31	-
Current Income Taxes Payable	268.04	41.72	6.08	-	1.66	24.77
Current Unearned Revenue	176.54	87.67	48.16	30.9	61.55	22.28
Other Current Liabilities	4,439	4,253	3,888	4,086	4,186	4,452
Total Current Liabilities	6,539	6,191	5,905	6,916	6,065	6,218
Long-Term Leases	1,532	1,666	1,990	2,089	2,309	-
Long-Term Unearned Revenue	42.33	50.81	73.48	97.83	128.23	157.89
Pension & Post-Retirement Benefits	68.52	68.52	78.12	89.79	99.93	109.34
Long-Term Deferred Tax Liabilities	17.02	22.51	12.18	14	16.26	23.9
Other Long-Term Liabilities	359.42	407.74	325.53	325.53	325.53	325.53
Total Liabilities	8,558	8,406	8,384	9,532	8,944	6,835
Common Stock	2,367	2,367	2,367	2,367	2,367	2,367
Additional Paid-In Capital	9,844	9,844	9,869	9,902	9,945	9,933
Retained Earnings	6,815	6,091	5,342	4,900	5,972	6,909
Comprehensive Income & Other	28.97	45.45	15.86	20.95	29.79	52.49
Total Common Equity	19,054	18,347	17,593	17,191	18,313	19,261
Minority Interest	266.45	245.45	213.07	218.1	287.7	202.13
Shareholders' Equity	19,321	18,592	17,806	17,409	18,601	19,463
Total Liabilities & Equity	27,879	26,998	26,190	26,941	27,545	26,298
Total Debt	1,845	1,987	2,299	3,338	2,603	20
Net Cash (Debt)	4,647	2,744	228.66	-1,111	-1,030	2,305
Net Cash Growth	111.65%	1099.86%	-	-	-	259.07%
Net Cash Per Share	1.96	1.16	0.10	-0.47	-0.43	1.11
Filing Date Shares Outstanding	2,367	2,367	2,367	2,367	2,367	2,367
Total Common Shares Outstanding	2,367	2,367	2,367	2,367	2,367	2,367
Working Capital	1,528	-104.66	-1,878	-3,432	-2,702	-2,307
Book Value Per Share	8.05	7.75	7.43	7.26	7.74	8.14
Tangible Book Value	18,878	18,124	17,317	16,855	17,931	18,823
Tangible Book Value Per Share	7.98	7.66	7.32	7.12	7.58	7.95
Buildings	-	22,250	21,330	21,454	20,996	20,969
Machinery	-	5,050	4,997	5,005	4,964	5,016
Construction In Progress	-	278.28	1,137	610.96	688.82	247.51

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