SHA:600081 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	2,373	3,404	3,451	2,315	1,843	1,317
Trading Asset Securities	890	-	-	80	30	-
Cash & Short-Term Investments	3,263	3,404	3,451	2,395	1,873	1,317
Cash Growth	0.80%	-1.36%	44.06%	27.86%	42.30%	28.98%
Accounts Receivable	2,767	2,751	3,156	2,449	3,331	3,680
Other Receivables	73.1	65.92	57.98	57.94	117.82	56.89
Receivables	2,840	2,816	3,214	2,507	3,449	3,737
Inventory	454.96	364.05	492.29	456.71	423.81	314.4
Other Current Assets	231.53	116.27	172.02	107.46	186.78	106.91
Total Current Assets	6,790	6,700	7,329	5,467	5,933	5,475
Property, Plant & Equipment	1,337	1,443	1,516	1,558	1,636	1,640
Long-Term Investments	1,609	1,646	1,618	1,585	1,664	357.01
Goodwill	1.79	1.79	1.79	1.79	1.79	1.79
Other Intangible Assets	128.02	130.55	131.93	131.25	140.13	155.34
Long-Term Deferred Tax Assets	82.65	92.7	106.49	102.5	100.99	110.97
Long-Term Deferred Charges	68.65	61.09	49.89	50.46	53.89	40.87
Other Long-Term Assets	12.38	22.64	19.03	20.3	22.86	24.65
Total Assets	10,029	10,099	10,771	8,916	9,552	7,806
Accounts Payable	3,115	3,100	3,508	3,066	3,887	3,830
Accrued Expenses	125.63	397.26	384.75	452.42	499.63	593.69
Short-Term Debt	400	392	369	529.5	273.9	202.8
Current Portion of Long-Term Debt	9.04	-	169.68	-	230.87	2
Current Portion of Leases	-	7.36	8.37	10.13	10.54	16.6
Current Income Taxes Payable	47.36	36.57	36.94	31.59	30.17	24.01
Current Unearned Revenue	76.42	77.86	93.19	29.18	41.18	18.28
Other Current Liabilities	538.82	337.68	379.61	233.17	263.58	250.43
Total Current Liabilities	4,313	4,349	4,950	4,352	5,237	4,938
Long-Term Debt	-	-	31.09	245.57	42.42	230.34
Long-Term Leases	83.06	80.23	77.4	103.56	119.86	129.74
Long-Term Unearned Revenue	43.39	40.64	45.68	35.7	30.57	31.54
Pension & Post-Retirement Benefits	37.3	25.79	25.38	27.13	29.89	31.76
Long-Term Deferred Tax Liabilities	6.61	6.61	6.75	6.92	7.13	7.35
Other Long-Term Liabilities	52.61	69.76	41.3	39.56	39.06	22.72
Total Liabilities	4,536	4,572	5,177	4,810	5,505	5,391
Common Stock	553.03	553.03	578.34	470.42	470.42	313.56
Additional Paid-In Capital	2,366	2,366	2,504	1,303	1,280	87.77
Retained Earnings	1,645	1,651	1,594	1,424	1,389	1,178
Comprehensive Income & Other	20.86	10.73	-18.53	-22.37	-1.44	-2.73
Total Common Equity	4,585	4,581	4,658	3,175	3,137	1,576
Minority Interest	908.82	946.11	936	930.8	909	838.48
Shareholders' Equity	5,494	5,527	5,594	4,106	4,046	2,415
Total Liabilities & Equity	10,029	10,099	10,771	8,916	9,552	7,806
Total Debt	492.1	479.59	655.54	888.76	677.6	581.48
Net Cash (Debt)	2,771	2,924	2,795	1,507	1,196	735.02
Net Cash Growth	1.93%	4.61%	85.53%	25.99%	62.69%	-3.96%
Net Cash Per Share	4.99	5.15	5.54	3.20	3.27	2.34
Filing Date Shares Outstanding	553.03	553.03	578.34	470.42	470.42	313.56
Total Common Shares Outstanding	553.03	553.03	578.34	470.42	470.42	313.56
Working Capital	2,477	2,352	2,379	1,115	695.98	537.28
Book Value Per Share	8.29	8.28	8.05	6.75	6.67	5.03
Tangible Book Value	4,455	4,448	4,524	3,042	2,995	1,419
Tangible Book Value Per Share	8.06	8.04	7.82	6.47	6.37	4.53
Buildings	-	884.16	934.73	910.12	908.52	859.83
Machinery	-	2,185	2,140	1,940	1,828	1,591
Construction In Progress	-	95.84	83.64	88.36	112.57	288.81

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