SHA:600054 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	1,771	1,812	1,967	1,578	1,834	1,973
Cash & Short-Term Investments	1,776	1,812	1,967	1,578	1,834	1,973
Cash Growth	0.86%	-7.86%	24.68%	-13.96%	-7.05%	-5.03%
Accounts Receivable	38.55	34.44	28.45	17.52	11.49	15.32
Other Receivables	31.85	30.95	20.94	15.23	17.8	15.14
Receivables	70.4	65.38	49.39	32.74	29.28	30.46
Inventory	42.89	47.97	453.45	381.97	35.1	29.18
Prepaid Expenses	-	10.26	1.54	0.11	6.33	0.01
Other Current Assets	115.27	68.85	41.9	42.02	46.01	49.77
Total Current Assets	2,005	2,005	2,513	2,034	1,950	2,082
Property, Plant & Equipment	2,697	2,505	1,983	2,085	2,128	1,812
Long-Term Investments	228.61	696.42	691.8	667.63	692.58	376.69
Goodwill	55.01	55.01	55.01	53.12	20.34	20.34
Other Intangible Assets	207.64	159.08	159.3	166.27	174.93	171.79
Long-Term Deferred Tax Assets	20.47	18.81	14.6	31.42	28.75	26.8
Long-Term Deferred Charges	203.98	227.45	223.55	154.89	146.47	107.69
Other Long-Term Assets	496.09	65.17	14.06	17.46	8.78	296.58
Total Assets	5,913	5,732	5,654	5,211	5,150	4,894
Accounts Payable	178.48	215.8	213.11	235.19	170.68	111.58
Accrued Expenses	91.14	108.82	103.04	71.94	56.29	45.94
Short-Term Debt	7	-	-	6	4.5	5
Current Portion of Long-Term Debt	-	-	142.16	0.2	-	-
Current Portion of Leases	41.89	33.21	25.75	26.24	19.59	-
Current Income Taxes Payable	77.01	43.83	41.63	9.91	13.32	58.56
Current Unearned Revenue	54.03	27.22	25.64	20.94	18.99	14.99
Other Current Liabilities	129.62	88.59	85.94	112.03	96.64	122.93
Total Current Liabilities	579.19	517.47	637.28	482.44	380.01	358.99
Long-Term Debt	49.9	40.8	40.8	182.78	2.62	2.62
Long-Term Leases	223.94	238.79	198.69	195.32	176.99	-
Long-Term Unearned Revenue	40.74	41.17	44.35	36.66	41.03	43.03
Long-Term Deferred Tax Liabilities	24.2	33.93	40.16	19.67	33.6	20.87
Other Long-Term Liabilities	-	1.07	1.29	1.72	2.14	2.57
Total Liabilities	917.96	873.24	962.57	918.59	636.4	428.09
Common Stock	729.38	729.38	729.38	729.38	729.38	729.38
Additional Paid-In Capital	343.82	343.82	343.82	367.33	367.33	367.1
Retained Earnings	3,677	3,549	3,404	2,981	3,185	3,142
Comprehensive Income & Other	36.7	34.87	9.68	7.73	13.4	24.58
Total Common Equity	4,787	4,657	4,486	4,085	4,295	4,263
Minority Interest	208.17	201.72	205.23	206.78	218.51	203.11
Shareholders' Equity	4,995	4,859	4,692	4,292	4,514	4,466
Total Liabilities & Equity	5,913	5,732	5,654	5,211	5,150	4,894
Total Debt	322.74	312.8	407.41	410.54	203.71	7.62
Net Cash (Debt)	1,454	1,500	1,560	1,167	1,630	1,965
Net Cash Growth	1.44%	-3.85%	33.63%	-28.39%	-17.06%	-5.23%
Net Cash Per Share	1.98	2.05	2.14	1.61	2.25	2.54
Filing Date Shares Outstanding	729.38	729.38	729.38	729.38	729.38	729.38
Total Common Shares Outstanding	729.38	729.38	729.38	729.38	729.38	729.38
Working Capital	1,426	1,487	1,876	1,552	1,570	1,723
Book Value Per Share	6.56	6.39	6.15	5.60	5.89	5.84
Tangible Book Value	4,525	4,443	4,272	3,866	4,100	4,071
Tangible Book Value Per Share	6.20	6.09	5.86	5.30	5.62	5.58
Buildings	-	2,277	2,250	2,298	2,298	2,133
Machinery	-	960.3	931.99	920.23	883.83	767.92
Construction In Progress	-	800.26	272.97	222.77	206.13	275.58

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