SHA:600491 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	1,207	1,299	1,650	2,300	2,964	3,349
Short-Term Investments	4,434	5,243	-	-	-	-
Trading Asset Securities	-	-	-	547.71	2	5.41
Cash & Short-Term Investments	5,641	6,542	1,650	2,847	2,966	3,355
Cash Growth	439.36%	296.34%	-42.04%	-4.00%	-11.58%	-15.65%
Accounts Receivable	16,581	18,792	23,104	41,237	45,988	21,397
Other Receivables	2,928	2,878	2,584	2,882	2,488	1,961
Receivables	19,509	21,670	25,688	44,118	48,476	23,358
Inventory	53.07	18.51	22.85	32.66	24.01	704.07
Prepaid Expenses	-	1.05	-	-	-	-
Other Current Assets	419.28	415.12	4,713	3,625	2,960	2,301
Total Current Assets	25,622	28,647	32,074	50,624	54,426	29,717
Property, Plant & Equipment	649.35	676.87	720.63	729.32	731.79	710.65
Long-Term Investments	746.59	25,191	24,238	14,822	11,485	887.06
Goodwill	97.08	97.08	95.33	95.33	54.88	54.88
Other Intangible Assets	88.43	106.36	110.91	116.25	123.14	93.03
Long-Term Deferred Tax Assets	574.32	474.74	362.62	229.78	179.6	115.71
Long-Term Deferred Charges	2.75	3.01	4.2	5.97	11.07	15.62
Other Long-Term Assets	24,837	232.64	238.35	30.04	15.93	30,944
Total Assets	52,618	55,428	57,844	66,652	67,028	62,538
Accounts Payable	8,703	11,399	11,634	16,432	17,699	16,485
Accrued Expenses	1,067	2,195	2,661	3,431	3,389	3,496
Short-Term Debt	3,950	3,983	3,601	3,633	4,413	4,691
Current Portion of Long-Term Debt	2,216	2,538	2,351	2,457	2,004	1,249
Current Portion of Leases	-	6.45	8.59	11.16	12.33	33.33
Current Income Taxes Payable	2,062	657.34	506.83	493.04	460.91	322.78
Current Unearned Revenue	221.96	284.68	636.01	693.27	549.48	534.39
Other Current Liabilities	7,055	6,807	7,206	7,689	7,234	5,527
Total Current Liabilities	25,274	27,871	28,605	34,841	35,761	32,338
Long-Term Debt	16,248	16,206	17,293	18,359	18,074	17,680
Long-Term Leases	3.89	9.1	15.49	19.42	22.77	-
Long-Term Unearned Revenue	-	-	-	-	-	1.16
Long-Term Deferred Tax Liabilities	0.2	0.18	0.15	0.09	-	0.1
Other Long-Term Liabilities	134.29	134.29	-	-	-	-
Total Liabilities	41,660	44,221	45,913	53,219	53,858	50,019
Common Stock	1,530	1,530	1,530	1,530	1,530	1,530
Additional Paid-In Capital	4,047	4,047	4,047	4,047	4,047	4,047
Retained Earnings	4,050	4,307	4,977	6,293	5,976	5,385
Comprehensive Income & Other	185.15	212.12	250.62	413.58	506.35	412.29
Total Common Equity	9,813	10,096	10,805	12,283	12,060	11,375
Minority Interest	1,146	1,111	1,126	1,150	1,110	1,143
Shareholders' Equity	10,958	11,207	11,930	13,433	13,170	12,518
Total Liabilities & Equity	52,618	55,428	57,844	66,652	67,028	62,538
Total Debt	22,417	22,743	23,270	24,480	24,526	23,653
Net Cash (Debt)	-16,776	-16,202	-21,619	-21,633	-21,560	-20,299
Net Cash Per Share	-10.86	-10.50	-14.18	-14.20	-14.22	-13.30
Filing Date Shares Outstanding	1,530	1,530	1,530	1,530	1,530	1,530
Total Common Shares Outstanding	1,530	1,530	1,530	1,530	1,530	1,530
Working Capital	348.7	775.15	3,469	15,783	18,665	-2,621
Book Value Per Share	6.41	6.60	7.06	8.03	7.88	7.44
Tangible Book Value	9,627	9,893	10,598	12,072	11,882	11,227
Tangible Book Value Per Share	6.29	6.47	6.93	7.89	7.77	7.34
Buildings	-	799.97	900.77	904.21	897.9	889.18
Machinery	-	211.22	236.11	238.04	241.74	244.3
Construction In Progress	-	76.94	71.59	42.25	4.32	-
Order Backlog	-	6,109	-	-	-	-

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