SHA:600409 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	3,470	3,474	3,287	4,840	3,039	2,802
Cash & Short-Term Investments	3,491	3,474	3,287	4,840	3,039	2,802
Cash Growth	7.89%	5.67%	-32.08%	59.28%	8.43%	-6.27%
Accounts Receivable	1,647	1,707	2,874	3,486	3,443	2,827
Other Receivables	41.89	89.78	22.1	80.1	17.84	26.4
Receivables	1,689	1,797	2,896	3,566	3,461	2,854
Inventory	1,461	1,625	1,445	1,659	2,132	1,392
Other Current Assets	545.09	239.48	179.38	248.23	75.13	105.01
Total Current Assets	7,186	7,136	7,807	10,313	8,706	7,153
Property, Plant & Equipment	17,064	16,601	15,643	15,311	15,865	15,748
Long-Term Investments	45.3	42.02	43.31	35.24	6.75	4.37
Goodwill	2.39	2.39	2.39	2.39	2.39	2.39
Other Intangible Assets	1,126	1,100	1,144	1,029	842.77	861.68
Long-Term Deferred Tax Assets	998.02	964.04	851.89	729.57	506.08	470.93
Long-Term Deferred Charges	8.88	11.19	10.09	7.11	4.71	1.72
Other Long-Term Assets	217.15	200.92	90.79	178.98	55.2	51.2
Total Assets	26,648	26,057	25,593	27,607	25,989	24,293
Accounts Payable	2,942	3,282	3,133	3,065	2,848	2,956
Accrued Expenses	397.42	423.77	489.84	492.95	571.67	330.95
Short-Term Debt	151.09	125.09	404.86	601.35	1,713	2,453
Current Portion of Long-Term Debt	2,102	1,737	1,536	2,055	1,089	-
Current Portion of Leases	-	44.77	35	35.69	33.67	-
Current Income Taxes Payable	63.18	26.6	143.74	87.48	166.45	117.7
Current Unearned Revenue	433.13	248.07	283.42	433.98	378.13	563.79
Other Current Liabilities	345.98	278.85	353.33	790.1	618.76	2,050
Total Current Liabilities	6,435	6,166	6,379	7,562	7,418	8,473
Long-Term Debt	3,772	3,342	3,069	4,214	3,512	2,840
Long-Term Leases	213.63	395.71	477.63	633	667.19	0.66
Long-Term Unearned Revenue	170.37	158.8	134.55	145.36	167.52	184.45
Long-Term Deferred Tax Liabilities	395.65	392.81	335.59	276.22	207.32	145.33
Other Long-Term Liabilities	253.91	258.48	230.25	200.27	246.86	204.77
Total Liabilities	11,241	10,714	10,626	13,031	12,219	11,847
Common Stock	2,064	2,064	2,064	2,064	2,064	2,064
Additional Paid-In Capital	3,572	3,545	3,545	3,545	3,545	3,545
Retained Earnings	8,188	8,217	7,889	7,625	7,142	5,976
Comprehensive Income & Other	79.51	48.4	54.98	46.08	51.75	56.17
Total Common Equity	13,903	13,874	13,553	13,280	12,803	11,642
Minority Interest	1,503	1,469	1,413	1,296	967.41	804.02
Shareholders' Equity	15,407	15,343	14,966	14,576	13,770	12,446
Total Liabilities & Equity	26,648	26,057	25,593	27,607	25,989	24,293
Total Debt	6,239	5,644	5,523	7,539	7,014	5,294
Net Cash (Debt)	-2,748	-2,170	-2,235	-2,699	-3,975	-2,491
Net Cash Per Share	-1.33	-1.05	-1.08	-1.31	-1.93	-1.21
Filing Date Shares Outstanding	2,064	2,064	2,064	2,064	2,064	2,064
Total Common Shares Outstanding	2,064	2,064	2,064	2,064	2,064	2,064
Working Capital	750.42	970.11	1,428	2,751	1,288	-1,320
Book Value Per Share	6.73	6.72	6.57	6.43	6.20	5.64
Tangible Book Value	12,775	12,772	12,407	12,249	11,958	10,778
Tangible Book Value Per Share	6.19	6.19	6.01	5.93	5.79	5.22
Buildings	-	10,951	10,325	10,214	10,121	9,960
Machinery	-	16,311	14,972	14,734	14,490	14,167
Construction In Progress	-	1,632	1,509	404.29	234.71	312.74

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