SHA:600037 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	6,076	8,670	8,034	7,961	7,691	7,521
Trading Asset Securities	1,858	-	-	-	-	-
Cash & Short-Term Investments	7,934	8,670	8,034	7,961	7,691	7,521
Cash Growth	-1.39%	7.92%	0.92%	3.50%	2.27%	-10.05%
Accounts Receivable	638.42	698.89	607.29	579.96	459.43	453.04
Other Receivables	15.5	96.91	150.66	112.59	18.34	16.01
Receivables	653.92	795.8	757.95	692.54	477.77	469.05
Inventory	373.67	142.21	228.4	343.18	394.97	430.44
Other Current Assets	136.63	41.94	69	55.23	198.76	573.14
Total Current Assets	9,098	9,650	9,090	9,052	8,763	8,993
Property, Plant & Equipment	4,373	4,571	4,767	4,753	5,099	5,053
Long-Term Investments	1,785	1,269	1,429	1,640	1,378	1,163
Goodwill	1.3	1.3	1.3	1.3	1.3	1.3
Other Intangible Assets	207.47	244.41	275.77	278.48	302.76	281.7
Long-Term Accounts Receivable	54.84	101.89	174.83	281.95	345.13	-
Long-Term Deferred Tax Assets	11.88	13.31	20.22	13.86	8.05	9.06
Long-Term Deferred Charges	19.14	15.42	12.38	10.77	10.93	9.84
Other Long-Term Assets	194.06	171.02	133.68	126.52	95.34	197.01
Total Assets	15,746	16,037	15,904	16,158	16,003	15,708
Accounts Payable	642.7	120.93	113.88	67.26	159.05	110.17
Accrued Expenses	88.09	238.27	244.41	256.68	239.57	228.38
Current Portion of Leases	101.76	146.64	151.44	115.63	19.82	-
Current Income Taxes Payable	2.43	3.32	6.42	8.37	5.14	4.05
Current Unearned Revenue	1,177	1,123	876.21	898.74	988.59	1,319
Other Current Liabilities	71.59	666.38	557.68	447.44	369.6	354.32
Total Current Liabilities	2,084	2,299	1,950	1,794	1,782	2,016
Long-Term Leases	108.53	138.56	210.56	307.75	399.32	-
Long-Term Unearned Revenue	878.97	888.97	916.26	954.55	990.97	1,006
Long-Term Deferred Tax Liabilities	-	-	0.28	0.03	0.69	7.98
Other Long-Term Liabilities	-	-	-	-	0.7	0.7
Total Liabilities	3,071	3,326	3,077	3,056	3,173	3,031
Common Stock	1,392	1,392	1,392	1,392	1,392	1,392
Additional Paid-In Capital	6,556	6,556	6,556	6,556	6,555	6,555
Retained Earnings	4,737	4,773	4,880	5,154	4,883	4,730
Comprehensive Income & Other	-9.55	-9.55	-	-	-	-
Total Common Equity	12,675	12,711	12,827	13,101	12,830	12,676
Shareholders' Equity	12,675	12,711	12,827	13,101	12,830	12,676
Total Liabilities & Equity	15,746	16,037	15,904	16,158	16,003	15,708
Total Debt	210.3	285.19	361.99	423.38	419.14	-
Net Cash (Debt)	7,724	8,385	7,672	7,537	7,272	7,521
Net Cash Growth	0.06%	9.29%	1.79%	3.65%	-3.31%	-10.05%
Net Cash Per Share	5.46	6.03	5.51	5.42	5.23	5.40
Filing Date Shares Outstanding	1,392	1,392	1,392	1,392	1,392	1,392
Total Common Shares Outstanding	1,392	1,392	1,392	1,392	1,392	1,392
Working Capital	7,015	7,351	7,140	7,257	6,981	6,977
Book Value Per Share	9.11	9.13	9.22	9.41	9.22	9.11
Tangible Book Value	12,466	12,465	12,550	12,821	12,526	12,393
Tangible Book Value Per Share	8.96	8.96	9.02	9.21	9.00	8.90
Buildings	-	3,094	3,004	2,912	2,768	2,363
Machinery	-	11,866	11,871	11,686	11,811	11,648
Construction In Progress	-	688.31	674.39	564.07	660.63	956.84

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