SHA:600033 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	2,966	1,996	1,149	787.71	367.08	347.95
Cash & Short-Term Investments	2,966	1,996	1,149	787.71	367.08	347.95
Cash Growth	55.43%	73.67%	45.87%	114.59%	5.50%	-69.34%
Accounts Receivable	486.25	831.43	730.55	626.21	524.36	663.27
Other Receivables	92.11	91.63	91.77	95.06	110.4	124.97
Receivables	578.36	923.06	822.32	721.28	634.76	788.24
Inventory	11.62	12.78	11.94	12.87	13.36	17.88
Other Current Assets	2.11	1.98	11.04	5.87	39.74	6.73
Total Current Assets	3,558	2,933	1,994	1,528	1,055	1,161
Property, Plant & Equipment	11,328	11,798	12,427	12,632	13,219	13,337
Long-Term Investments	2,241	2,113	1,856	2,071	2,240	1,438
Other Intangible Assets	24.51	27.29	0.88	0.74	0.82	0
Long-Term Deferred Tax Assets	119.76	124.8	194.13	95.88	79.03	77.59
Long-Term Deferred Charges	27.57	30.78	48.65	27.75	4.91	5.67
Other Long-Term Assets	293.24	261.2	233.07	243.19	97.36	161.17
Total Assets	17,593	17,288	16,754	16,599	16,696	16,181
Accounts Payable	402.72	619.08	705.68	575.88	537.14	674.21
Accrued Expenses	11.99	33.45	33.72	36.65	34.24	20.29
Short-Term Debt	-	-	-	-	165.09	-
Current Portion of Long-Term Debt	32.7	620.12	20.48	474.52	849.36	523.68
Current Portion of Leases	-	16.71	15.13	14.85	17.79	-
Current Income Taxes Payable	196.28	178.32	203.23	177.45	235.71	174.27
Current Unearned Revenue	1.81	1.97	2.49	1.81	3.46	3.61
Other Current Liabilities	347.07	205.53	114.44	94.59	49.61	94.91
Total Current Liabilities	992.58	1,675	1,095	1,376	1,892	1,491
Long-Term Debt	399.35	399.06	997.35	1,006	886.81	1,850
Long-Term Leases	414.49	420.74	437.44	441.46	436.68	-
Long-Term Unearned Revenue	12.2	15.94	20.92	25.9	30.89	35.87
Long-Term Deferred Tax Liabilities	646.73	619.38	619.72	573.36	584.23	577.91
Total Liabilities	2,465	3,130	3,171	3,423	3,831	3,955
Common Stock	2,744	2,744	2,744	2,744	2,744	2,744
Additional Paid-In Capital	1,660	1,660	1,660	1,660	1,660	1,660
Retained Earnings	7,894	7,209	6,895	6,404	5,976	5,421
Comprehensive Income & Other	134.43	38.25	-165.5	-22.6	91.5	50.47
Total Common Equity	12,432	11,652	11,134	10,786	10,471	9,876
Minority Interest	2,695	2,506	2,449	2,390	2,393	2,350
Shareholders' Equity	15,127	14,158	13,583	13,176	12,865	12,226
Total Liabilities & Equity	17,593	17,288	16,754	16,599	16,696	16,181
Total Debt	846.54	1,457	1,470	1,937	2,356	2,374
Net Cash (Debt)	2,119	538.9	-321.39	-1,149	-1,989	-2,026
Net Cash Per Share	0.77	0.20	-0.12	-0.42	-0.72	-0.74
Filing Date Shares Outstanding	2,744	2,744	2,744	2,744	2,744	2,744
Total Common Shares Outstanding	2,744	2,744	2,744	2,744	2,744	2,744
Working Capital	2,565	1,258	899.14	151.97	-837.46	-330.16
Book Value Per Share	4.53	4.25	4.06	3.93	3.82	3.60
Tangible Book Value	12,408	11,625	11,133	10,785	10,471	9,876
Tangible Book Value Per Share	4.52	4.24	4.06	3.93	3.82	3.60
Buildings	-	1,203	1,187	1,025	1,162	840.81
Machinery	-	665.34	619.58	597.66	560.93	597.94
Construction In Progress	-	333.6	133.9	118.2	5.78	438.08

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