SHA:600278 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	3,805	4,578	4,921	5,041	4,799	5,776
Trading Asset Securities	182.3	49.55	155.37	239.94	268.34	118.35
Cash & Short-Term Investments	3,988	4,627	5,076	5,280	5,068	5,894
Cash Growth	-13.77%	-8.85%	-3.86%	4.20%	-14.02%	44.71%
Accounts Receivable	2,475	4,514	3,211	2,425	2,517	2,313
Other Receivables	578.68	991	710.4	954.24	752.03	494.85
Receivables	3,054	5,545	3,921	3,412	3,352	2,842
Inventory	2,705	1,681	1,464	2,373	2,134	1,613
Prepaid Expenses	-	14.99	12.2	-	-	2.73
Other Current Assets	3,068	2,652	2,816	3,933	3,495	3,693
Total Current Assets	12,814	14,521	13,290	14,999	14,049	14,045
Property, Plant & Equipment	1,233	1,251	1,323	1,455	1,500	1,130
Long-Term Investments	2,430	2,419	1,962	1,892	2,166	2,056
Goodwill	0	0	0	0	-	-
Other Intangible Assets	258.9	263.5	269.33	276.79	285.56	310.63
Long-Term Accounts Receivable	21.36	14.92	10.36	9.87	14.43	15.41
Long-Term Deferred Tax Assets	143.09	159.53	137.65	181.85	177.88	147.02
Long-Term Deferred Charges	32.52	51.64	35.43	41.35	49.85	30.47
Other Long-Term Assets	127.74	136.8	115.31	137.44	192.82	186.08
Total Assets	17,061	18,817	17,143	18,994	18,434	17,920
Accounts Payable	2,767	5,699	4,198	4,156	4,178	3,779
Accrued Expenses	151.77	259.27	259.31	265.4	262.04	185.58
Short-Term Debt	614.24	582.94	353.65	669.15	1,010	824.18
Current Portion of Long-Term Debt	19.81	0.75	-	68.02	141.47	42.27
Current Portion of Leases	-	41.71	36.74	45.32	48.45	-
Current Income Taxes Payable	53.58	52.25	72.22	65.32	63.49	147.97
Current Unearned Revenue	4,178	2,932	3,359	4,909	4,117	4,257
Other Current Liabilities	635.93	800.63	741.61	911.96	736.47	647.5
Total Current Liabilities	8,421	10,369	9,021	11,091	10,557	9,884
Long-Term Debt	13.7	18.05	13.93	0.75	124.27	271.05
Long-Term Leases	240.48	209.63	198.73	197.83	217.69	-
Long-Term Unearned Revenue	6.32	5.29	5.76	6.4	7.09	8.29
Pension & Post-Retirement Benefits	13.06	14.71	14.72	12.08	7.95	9.31
Long-Term Deferred Tax Liabilities	306.82	286.57	198.7	242.3	274.86	339.86
Other Long-Term Liabilities	6.33	7.1	0.63	0.26	2.42	1.96
Total Liabilities	9,008	10,911	9,453	11,551	11,191	10,514
Common Stock	877.14	877.77	882.93	882.26	868.46	868.46
Additional Paid-In Capital	2,763	2,765	2,787	2,778	2,721	2,943
Retained Earnings	3,224	3,109	3,057	2,893	2,625	2,329
Treasury Stock	-22.63	-27.58	-62.93	-59.52	-	-
Comprehensive Income & Other	869.42	826.01	626	568.8	699.96	978.21
Total Common Equity	7,711	7,550	7,290	7,063	6,915	7,118
Minority Interest	342.47	356.43	400.67	380.45	328.31	287.93
Shareholders' Equity	8,053	7,906	7,690	7,443	7,243	7,406
Total Liabilities & Equity	17,061	18,817	17,143	18,994	18,434	17,920
Total Debt	888.23	853.07	603.05	981.07	1,542	1,138
Net Cash (Debt)	3,099	3,774	4,473	4,299	3,525	4,757
Net Cash Growth	-14.75%	-15.63%	4.05%	21.95%	-25.88%	38.88%
Net Cash Per Share	3.70	4.36	5.10	4.89	4.07	6.33
Filing Date Shares Outstanding	877.14	877.77	882.93	883.97	883.53	868.46
Total Common Shares Outstanding	877.14	877.77	882.93	882.26	868.46	868.46
Working Capital	4,393	4,152	4,270	3,908	3,491	4,161
Book Value Per Share	8.79	8.60	8.26	8.01	7.96	8.20
Tangible Book Value	7,452	7,286	7,020	6,786	6,629	6,807
Tangible Book Value Per Share	8.50	8.30	7.95	7.69	7.63	7.84
Land	-	-	-	-	52.2	52.2
Buildings	-	1,136	1,292	1,273	1,200	1,069
Machinery	-	988.55	999.46	1,168	1,094	1,040
Construction In Progress	-	53.97	35.35	5.24	9.42	61.79

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