SHA:600018 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	35,845	32,831	35,722	26,843	28,621	20,823
Short-Term Investments	-	505.18	505.18	505.55	574.76	822.69
Trading Asset Securities	0.32	0.33	0.29	0.38	0.44	-
Cash & Short-Term Investments	35,845	33,336	36,227	27,349	29,196	21,645
Cash Growth	-2.52%	-7.98%	32.46%	-6.33%	34.88%	13.64%
Accounts Receivable	4,654	3,772	3,082	4,087	3,470	2,893
Other Receivables	1,447	647.75	64.68	294.37	87.23	249.83
Receivables	6,101	5,954	4,930	6,605	5,699	5,084
Inventory	6,777	7,458	10,282	11,538	14,298	15,794
Prepaid Expenses	-	501.55	638.2	442.33	-	210.17
Other Current Assets	3,165	1,494	972.42	590.19	1,357	919.91
Total Current Assets	51,888	48,744	53,050	46,525	50,550	43,654
Property, Plant & Equipment	48,361	46,309	45,091	38,398	34,664	34,209
Long-Term Investments	88,151	86,845	79,365	73,438	62,530	54,904
Goodwill	362.5	327.19	327.19	251.32	251.32	286.11
Other Intangible Assets	13,536	13,592	14,090	13,553	13,935	14,439
Long-Term Accounts Receivable	85.86	145.19	150.22	165.7	592.28	826.52
Long-Term Deferred Tax Assets	1,011	1,440	1,735	1,747	1,262	1,222
Long-Term Deferred Charges	4,255	4,319	4,487	4,356	4,490	4,563
Other Long-Term Assets	13,296	10,335	5,280	3,347	2,489	1,821
Total Assets	220,946	212,056	203,576	181,802	170,787	155,925
Accounts Payable	5,606	652.21	513.94	359.31	386.36	405.3
Accrued Expenses	1,518	5,691	5,968	6,299	5,194	3,463
Short-Term Debt	194.35	88.71	150.67	156.25	7,138	8,124
Current Portion of Long-Term Debt	10,892	9,655	6,062	8,884	6,612	1,294
Current Portion of Leases	-	570.47	455.44	678.1	301.19	-
Current Income Taxes Payable	1,878	466.51	593.09	319.11	468.94	381.43
Current Unearned Revenue	270.78	680.12	2,948	4,550	4,489	3,850
Other Current Liabilities	3,866	5,264	6,144	4,618	4,692	4,888
Total Current Liabilities	24,226	23,068	22,835	25,864	29,282	22,406
Long-Term Debt	38,429	38,579	41,805	31,936	31,137	35,379
Long-Term Leases	356.22	333.58	363.35	610.94	411.45	-
Long-Term Unearned Revenue	437.55	472.56	284.55	320.56	249.19	178.81
Pension & Post-Retirement Benefits	608.75	607.16	520.2	454.1	336.07	-
Long-Term Deferred Tax Liabilities	1,089	993.4	969.66	822.6	732.33	793.25
Other Long-Term Liabilities	794	592.57	610.93	626.77	834.09	1,188
Total Liabilities	65,940	64,647	67,389	60,635	62,982	59,945
Common Stock	23,281	23,281	23,284	23,284	23,279	23,174
Additional Paid-In Capital	10,768	12,198	12,194	11,253	9,751	9,643
Retained Earnings	105,148	97,252	87,465	77,524	65,994	54,282
Treasury Stock	-105.96	-115.65	-212.76	-228.23	-232.27	-
Comprehensive Income & Other	936.72	691.57	444.93	493.94	999.44	419.24
Total Common Equity	140,028	133,307	123,175	112,327	99,791	87,518
Minority Interest	14,977	14,102	13,011	8,840	8,015	8,462
Shareholders' Equity	155,006	147,409	136,186	121,167	107,806	95,980
Total Liabilities & Equity	220,946	212,056	203,576	181,802	170,787	155,925
Total Debt	49,872	49,227	48,837	42,265	45,599	44,797
Net Cash (Debt)	-14,027	-15,891	-12,609	-14,916	-16,403	-23,152
Net Cash Per Share	-0.60	-0.68	-0.54	-0.64	-0.67	-1.00
Filing Date Shares Outstanding	23,281	23,281	23,284	23,284	23,279	23,174
Total Common Shares Outstanding	23,281	23,281	23,284	23,284	23,279	23,174
Working Capital	27,663	25,676	30,214	20,661	21,268	21,248
Book Value Per Share	6.01	5.73	5.29	4.82	4.29	3.78
Tangible Book Value	126,130	119,388	108,758	98,524	85,604	72,793
Tangible Book Value Per Share	5.42	5.13	4.67	4.23	3.68	3.14
Buildings	-	9,738	9,398	9,191	8,918	8,955
Machinery	-	27,864	25,185	23,125	22,141	20,422
Construction In Progress	-	6,862	8,377	4,324	1,717	3,016

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