SHA:600123 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	5,436	5,950	5,515	5,365	2,700	1,794
Cash & Short-Term Investments	5,436	5,950	5,515	5,365	2,700	1,794
Cash Growth	-18.14%	7.88%	2.81%	98.66%	50.52%	-20.56%
Accounts Receivable	687.66	819.4	1,661	2,316	3,141	1,581
Other Receivables	137.33	294.65	393.9	194.19	375.08	411.74
Receivables	824.99	1,114	2,055	2,510	3,516	1,993
Inventory	952.37	608.23	534.71	460.04	607.22	494.59
Other Current Assets	336.03	132.81	197.21	163.69	122.73	137.82
Total Current Assets	7,549	7,805	8,303	8,499	6,947	4,419
Property, Plant & Equipment	15,525	15,074	14,873	14,026	14,128	14,573
Long-Term Investments	1,565	1,599	2,156	1,926	1,639	1,088
Other Intangible Assets	11,921	5,049	5,206	5,547	5,670	5,857
Long-Term Accounts Receivable	3.84	7.94	-	1.2	20.62	-
Long-Term Deferred Tax Assets	227.72	241.62	271.91	258.95	256.72	308.15
Long-Term Deferred Charges	28.58	22.26	21.61	32.95	32.13	37.71
Other Long-Term Assets	74.03	58.25	106.1	51.34	42.38	40.51
Total Assets	36,894	29,858	30,937	30,342	28,735	26,323
Accounts Payable	3,856	3,646	2,860	2,828	2,688	2,462
Accrued Expenses	221.46	546.6	734.43	1,010	674.56	422.23
Short-Term Debt	2,540	1,727	2,042	3,361	5,425	4,562
Current Portion of Long-Term Debt	2,832	2,660	907.02	651	330	-
Current Portion of Leases	-	18.31	29.1	6.65	450.79	-
Current Income Taxes Payable	117.95	22.61	144.7	348.64	359.01	160.23
Current Unearned Revenue	584.09	549.41	647.95	934.33	929.8	518.81
Other Current Liabilities	847.94	558.32	563.6	921.04	826.4	2,055
Total Current Liabilities	11,000	9,728	7,928	10,061	11,683	10,180
Long-Term Debt	9,500	3,491	5,027	4,124	3,098	4,058
Long-Term Leases	104.5	102.19	107.57	164.45	395.24	580.18
Long-Term Unearned Revenue	78.43	84.02	70.09	87.5	83.8	70.82
Long-Term Deferred Tax Liabilities	239.08	186.54	165.86	192.26	160.4	133.35
Other Long-Term Liabilities	553.96	603.58	960.64	412.56	416.75	373.55
Total Liabilities	21,475	14,195	14,259	15,042	15,837	15,396
Common Stock	1,473	1,473	1,485	1,142	1,142	1,142
Additional Paid-In Capital	112.12	135.85	250.32	309.35	270.08	213.33
Retained Earnings	13,202	13,413	13,818	13,206	10,839	8,601
Comprehensive Income & Other	1,019	942.19	1,089	838.8	811.91	756.04
Total Common Equity	15,807	15,964	16,643	15,496	13,063	10,713
Minority Interest	-388.26	-302.18	35.61	-196.35	-165.98	214.59
Shareholders' Equity	15,419	15,662	16,678	15,300	12,897	10,928
Total Liabilities & Equity	36,894	29,858	30,937	30,342	28,735	26,323
Total Debt	14,976	7,998	8,112	8,307	9,699	9,200
Net Cash (Debt)	-9,541	-2,048	-2,597	-2,942	-6,998	-7,406
Net Cash Per Share	-6.45	-1.38	-1.75	-1.98	-4.71	-4.99
Filing Date Shares Outstanding	1,473	1,473	1,485	1,485	1,485	1,485
Total Common Shares Outstanding	1,473	1,473	1,485	1,485	1,485	1,485
Working Capital	-3,451	-1,923	374.7	-1,562	-4,737	-5,761
Book Value Per Share	10.73	10.84	11.21	10.43	8.80	7.21
Tangible Book Value	3,886	10,915	11,437	9,949	7,394	4,856
Tangible Book Value Per Share	2.64	7.41	7.70	6.70	4.98	3.27
Buildings	-	13,013	11,791	9,210	9,495	-
Machinery	-	12,576	11,394	10,439	10,263	-
Construction In Progress	-	1,264	1,749	3,605	3,006	-

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