SHA:600378 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	3,851	5,457	3,101	2,689	2,557	1,988
Trading Asset Securities	48.56	48.57	48.59	0.37	0.49	0.31
Cash & Short-Term Investments	3,900	5,506	3,149	2,690	2,558	1,989
Cash Growth	98.53%	74.83%	17.09%	5.15%	28.63%	9.82%
Accounts Receivable	5,680	4,406	4,280	3,929	2,264	2,409
Other Receivables	525.7	545.73	452.19	386.94	49.9	59.32
Receivables	6,206	4,952	4,742	4,366	2,363	2,519
Inventory	2,132	1,647	1,559	1,006	945.75	701.14
Prepaid Expenses	-	31.58	28.82	-	3.5	1.3
Other Current Assets	839.82	743.1	498.93	490.37	394.98	207.04
Total Current Assets	13,077	12,879	9,979	8,551	6,266	5,417
Property, Plant & Equipment	13,097	12,969	11,344	4,968	3,977	3,426
Long-Term Investments	2,399	2,145	1,899	194.77	148.26	141.44
Goodwill	118.44	118.44	118.44	-	-	-
Other Intangible Assets	1,442	1,480	1,394	1,027	883.82	831.92
Long-Term Accounts Receivable	-	-	6.6	-	-	-
Long-Term Deferred Tax Assets	190.5	176.72	163.64	61.82	49.56	38.37
Long-Term Deferred Charges	86.31	77.53	136.97	56.27	54.91	23.96
Other Long-Term Assets	400.81	305.25	326.48	569.55	279.85	128.34
Total Assets	30,811	30,151	25,367	15,428	11,659	10,007
Accounts Payable	4,597	4,186	4,005	1,356	971.97	694.96
Accrued Expenses	965.58	866.56	860.75	455.22	312.1	293.15
Short-Term Debt	524.14	888.84	1,761	877.57	275.01	104.92
Current Portion of Long-Term Debt	33.63	508.63	177.08	115.77	389.11	2.91
Current Portion of Leases	-	22.17	26.4	4.48	4.14	-
Current Income Taxes Payable	201.64	34.06	147.04	100.37	51.46	38.25
Current Unearned Revenue	356.94	380.89	475.62	716.16	458.55	287.43
Other Current Liabilities	2,165	2,417	2,436	1,421	631.14	677.03
Total Current Liabilities	8,844	9,304	9,889	5,047	3,093	2,099
Long-Term Debt	2,269	2,227	2,094	1,177	406.92	389.11
Long-Term Leases	116.03	103.99	118.92	18	18.38	-
Long-Term Unearned Revenue	797.42	739.13	782.13	845.16	808.47	906.31
Long-Term Deferred Tax Liabilities	134.16	131.99	151.68	62.18	30.97	25.29
Other Long-Term Liabilities	67.77	73.47	95.67	55.27	58.62	62.23
Total Liabilities	12,228	12,580	13,131	7,205	4,417	3,482
Common Stock	1,290	1,290	911.47	911.47	919.23	917.23
Additional Paid-In Capital	8,731	8,732	4,644	2,558	2,639	2,521
Retained Earnings	7,852	6,990	6,255	4,737	3,839	3,175
Treasury Stock	-	-7.32	-74.89	-87.66	-251.77	-232.18
Comprehensive Income & Other	123.09	114.18	102.12	82.32	60.93	47.26
Total Common Equity	17,997	17,119	11,838	8,200	7,207	6,428
Minority Interest	586.5	452.75	398.34	23.04	35.36	97.59
Shareholders' Equity	18,584	17,572	12,236	8,223	7,242	6,526
Total Liabilities & Equity	30,811	30,151	25,367	15,428	11,659	10,007
Total Debt	2,943	3,751	4,177	2,193	1,094	496.94
Net Cash (Debt)	957.34	1,755	-1,028	496.3	1,464	1,492
Net Cash Growth	-	-	-	-66.11%	-1.82%	4.45%
Net Cash Per Share	0.77	1.59	-0.93	0.55	1.62	1.65
Filing Date Shares Outstanding	1,290	1,290	911.47	911.47	919.23	917.23
Total Common Shares Outstanding	1,290	1,290	911.47	911.47	919.23	917.23
Working Capital	4,234	3,575	89.34	3,505	3,172	3,318
Book Value Per Share	13.95	13.27	12.99	9.00	7.84	7.01
Tangible Book Value	16,437	15,521	10,325	7,174	6,323	5,596
Tangible Book Value Per Share	12.74	12.03	11.33	7.87	6.88	6.10
Buildings	-	4,819	4,192	2,454	2,190	1,941
Machinery	-	10,732	9,813	4,114	3,288	3,108
Construction In Progress	-	4,128	3,204	1,065	895.28	601.57

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