SHA:600211 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	2,040	1,648	1,860	1,140	764.41	768.52
Trading Asset Securities	1,231	976.62	515.34	792.49	537.87	14.96
Cash & Short-Term Investments	3,271	2,625	2,375	1,932	1,302	783.48
Cash Growth	26.29%	10.51%	22.92%	48.38%	66.22%	-5.64%
Accounts Receivable	596.79	732.82	856.71	625.68	632.32	476.66
Other Receivables	18.28	11.85	11.82	12.63	12.83	12.1
Receivables	615.07	744.67	868.52	638.31	645.15	488.76
Inventory	174.65	134.19	111.43	99.95	137.32	70.85
Prepaid Expenses	-	0.31	0.01	1.5	-	-
Other Current Assets	84.85	65.91	47.77	40.04	97.16	8.02
Total Current Assets	4,146	3,570	3,403	2,712	2,182	1,351
Property, Plant & Equipment	662.68	669.85	600.33	551.38	764.54	204.46
Long-Term Investments	426.36	132.94	116.62	129.75	130.25	139.07
Goodwill	91.29	8.88	8.88	8.88	8.88	8.88
Other Intangible Assets	313.39	184.09	202.46	416.48	411.66	943.46
Long-Term Deferred Tax Assets	144.2	151.05	115.48	71.34	67.16	23.44
Long-Term Deferred Charges	4.08	2.63	1.93	2.79	47.69	21.53
Other Long-Term Assets	28.8	27.99	138.79	206.96	190.57	252.35
Total Assets	5,816	4,747	4,587	4,100	3,803	2,944
Accounts Payable	32.7	13.5	5.51	14.37	13.22	7.19
Accrued Expenses	21.46	377.65	530.39	412.7	398.67	271.15
Short-Term Debt	966.97	272.17	499.99	486.1	534.66	-
Current Portion of Leases	0.41	0.92	0.88	1	2.13	-
Current Income Taxes Payable	45.75	25.5	45.31	27.13	22.13	11.45
Current Unearned Revenue	5.67	4.91	9.84	5.34	3.29	3.64
Other Current Liabilities	299.7	71.92	92.56	79.56	135.56	39.65
Total Current Liabilities	1,373	766.57	1,184	1,026	1,110	333.08
Long-Term Debt	-	-	-	-	-	10.42
Long-Term Leases	0.19	0.3	1.13	1.14	1.86	-
Long-Term Unearned Revenue	28.8	27.36	25.85	27.53	30.5	10.76
Long-Term Deferred Tax Liabilities	42.3	1	2.29	14.01	15.61	1.65
Other Long-Term Liabilities	431.61	-	-	-	-	-
Total Liabilities	1,876	795.23	1,214	1,069	1,158	355.91
Common Stock	322.32	322.32	247.94	247.94	247.94	247.94
Additional Paid-In Capital	717.19	1,188	1,263	1,266	1,265	1,264
Retained Earnings	2,448	2,330	1,773	1,455	1,169	1,086
Comprehensive Income & Other	63.68	77.57	61.21	42.98	-51.42	-22.41
Total Common Equity	3,551	3,918	3,345	3,012	2,630	2,576
Minority Interest	389.32	34.29	29.03	19.03	14.66	12.3
Shareholders' Equity	3,941	3,952	3,374	3,031	2,645	2,588
Total Liabilities & Equity	5,816	4,747	4,587	4,100	3,803	2,944
Total Debt	967.57	273.39	501.99	488.25	538.65	10.42
Net Cash (Debt)	2,303	2,351	1,873	1,444	763.63	773.07
Net Cash Growth	11.82%	25.54%	29.71%	89.11%	-1.22%	-6.90%
Net Cash Per Share	7.14	7.29	5.80	4.48	2.36	2.40
Filing Date Shares Outstanding	322.32	322.32	322.32	322.32	322.32	322.32
Total Common Shares Outstanding	322.32	322.32	322.32	322.32	322.32	322.32
Working Capital	2,773	2,803	2,218	1,686	1,072	1,018
Book Value Per Share	11.02	12.16	10.38	9.34	8.16	7.99
Tangible Book Value	3,147	3,725	3,133	2,586	2,210	1,624
Tangible Book Value Per Share	9.76	11.56	9.72	8.02	6.86	5.04
Buildings	-	580.07	462.4	389.99	439.89	150.59
Machinery	-	447.84	446.34	139.22	159.08	112.38
Construction In Progress	-	65.06	60.71	153.6	272.13	55.45

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