SHA:600521 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	1,420	1,537	1,342	1,365	1,876	2,212
Trading Asset Securities	92.22	60.79	93.04	143.07	1.01	-
Cash & Short-Term Investments	1,512	1,597	1,435	1,508	1,877	2,212
Cash Growth	-0.33%	11.28%	-4.82%	-19.66%	-15.13%	46.83%
Accounts Receivable	3,010	3,235	2,557	2,831	1,906	1,757
Other Receivables	32.5	38.76	28.4	47.43	40.85	39.85
Receivables	3,043	3,274	2,585	2,879	1,947	1,797
Inventory	3,814	3,413	3,432	3,375	2,739	2,368
Prepaid Expenses	-	5.11	4.25	-	-	0
Other Current Assets	279.35	193.06	164.61	145.35	250.18	145.84
Total Current Assets	8,648	8,483	7,622	7,907	6,813	6,523
Property, Plant & Equipment	9,251	8,571	7,994	7,307	5,961	4,366
Long-Term Investments	758.16	796.17	785.25	863.17	1,027	641.78
Goodwill	64.45	64.45	64.45	70.9	70.9	70.9
Other Intangible Assets	1,183	1,196	1,113	1,072	970.6	806.93
Long-Term Deferred Tax Assets	183.69	189.67	171.99	183.9	110.15	175.73
Long-Term Deferred Charges	1,063	960.16	843.04	737.88	508.28	387.7
Other Long-Term Assets	1.6	1.09	6.45	9.46	7.87	18.51
Total Assets	21,153	20,261	18,600	18,152	15,468	12,991
Accounts Payable	1,685	1,585	1,387	1,203	881.79	894.34
Accrued Expenses	205.62	997.44	735.43	898.42	791.6	471.8
Short-Term Debt	2,603	2,110	1,583	1,397	1,314	1,005
Current Portion of Long-Term Debt	1,122	943.47	1,191	630.76	630.99	123.83
Current Portion of Leases	-	14.11	16.82	16.72	13.82	-
Current Income Taxes Payable	97.77	81.68	91.14	264.11	187.9	165.71
Current Unearned Revenue	34.64	54.4	33.51	67.7	66.71	40.09
Other Current Liabilities	786.54	189.5	407.71	321.64	348.93	190.42
Total Current Liabilities	6,534	5,976	5,445	4,799	4,236	2,891
Long-Term Debt	3,908	4,394	4,022	4,678	3,498	2,921
Long-Term Leases	74	16.99	44.93	59.14	66.41	-
Long-Term Unearned Revenue	684.79	698.95	665.44	532.09	448.44	299.36
Other Long-Term Liabilities	352.45	155.9	171.02	338	443.51	155.3
Total Liabilities	11,553	11,241	10,349	10,406	8,692	6,267
Common Stock	1,497	1,467	1,483	1,483	1,492	1,455
Additional Paid-In Capital	1,560	1,185	1,296	1,322	1,381	1,040
Retained Earnings	6,309	6,301	5,470	4,992	3,971	3,774
Treasury Stock	-100.01	-300.05	-416.91	-484.25	-521.84	-
Comprehensive Income & Other	244.18	244.47	244.43	233.98	236.54	243.73
Total Common Equity	9,510	8,898	8,077	7,547	6,559	6,513
Minority Interest	89.66	122.25	174.26	199.07	217.48	211.14
Shareholders' Equity	9,600	9,020	8,251	7,746	6,776	6,724
Total Liabilities & Equity	21,153	20,261	18,600	18,152	15,468	12,991
Total Debt	7,706	7,478	6,858	6,782	5,523	4,050
Net Cash (Debt)	-6,194	-5,881	-5,422	-5,273	-3,646	-1,838
Net Cash Per Share	-4.25	-4.06	-3.72	-3.61	-2.54	-1.26
Filing Date Shares Outstanding	1,490	1,449	1,468	1,473	1,484	1,455
Total Common Shares Outstanding	1,490	1,449	1,468	1,473	1,484	1,455
Working Capital	2,114	2,507	2,176	3,109	2,577	3,632
Book Value Per Share	6.22	5.97	5.34	4.96	4.26	4.31
Tangible Book Value	8,262	7,637	6,899	6,403	5,517	5,635
Tangible Book Value Per Share	5.38	5.10	4.54	4.18	3.56	3.71
Buildings	-	4,527	3,757	2,839	2,151	-
Machinery	-	6,228	5,546	152.08	3,827	-
Construction In Progress	-	2,188	2,317	2,803	2,502	-

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