SHA:600528 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	4,529	6,897	6,981	7,621	7,511	7,785
Cash & Short-Term Investments	4,529	6,897	6,981	7,621	7,511	7,785
Cash Growth	-7.71%	-1.19%	-8.41%	1.47%	-3.52%	20.85%
Accounts Receivable	21,215	20,204	16,920	14,137	11,089	8,918
Other Receivables	429.51	433.63	507.57	61.83	75	51.37
Receivables	21,644	20,638	17,427	14,198	11,164	8,969
Inventory	21,269	20,430	17,491	16,111	14,801	12,736
Prepaid Expenses	-	51.61	48.57	29.41	38.79	47.97
Other Current Assets	2,763	2,580	2,720	2,363	2,662	2,944
Total Current Assets	50,206	50,597	44,668	40,323	36,178	32,482
Property, Plant & Equipment	7,098	7,259	7,169	6,813	6,728	6,027
Long-Term Investments	1,555	1,557	1,485	1,600	1,647	1,582
Other Intangible Assets	1,528	1,455	1,443	1,591	1,635	1,415
Long-Term Accounts Receivable	-	2,578	2,431	1,865	1,547	1,323
Long-Term Deferred Tax Assets	201.1	194	167.79	189.02	215.36	229.27
Long-Term Deferred Charges	129.9	139.12	127.5	583.5	617.42	533.53
Other Long-Term Assets	2,728	178.25	178.16	556.69	608.79	597.12
Total Assets	63,447	63,956	57,668	53,521	49,177	44,190
Accounts Payable	21,355	16,868	14,191	13,519	11,852	10,198
Accrued Expenses	33.48	5,058	4,551	3,940	2,515	1,760
Short-Term Debt	56	333.25	329.79	481.4	469.87	245
Current Portion of Long-Term Debt	282.52	34	24	28.7	-	30.15
Current Portion of Leases	-	39.63	75.87	65.2	115.52	185.26
Current Income Taxes Payable	303.13	175.1	172.1	160.62	166.61	157.52
Current Unearned Revenue	10,179	11,024	8,621	8,434	8,299	7,202
Other Current Liabilities	2,327	2,351	3,168	1,632	1,764	1,711
Total Current Liabilities	34,535	35,883	31,133	28,261	25,182	21,489
Long-Term Debt	172.95	18.9	52.9	62.9	117.34	135.79
Long-Term Leases	91.42	89	18.09	18.26	13.07	105.53
Long-Term Unearned Revenue	118.45	125.9	164.84	173.97	205.61	196.07
Pension & Post-Retirement Benefits	15.31	18.45	20.23	27.52	35.92	43.87
Long-Term Deferred Tax Liabilities	67.83	60.53	69.44	107.47	65.27	62.08
Other Long-Term Liabilities	444.12	423.33	398.28	360.2	296.63	268.72
Total Liabilities	35,445	36,619	31,857	29,011	25,916	22,301
Common Stock	2,222	2,222	2,222	2,222	2,222	2,222
Additional Paid-In Capital	5,398	5,398	5,398	5,396	5,384	5,381
Retained Earnings	17,156	16,456	14,996	13,583	12,185	10,764
Comprehensive Income & Other	2,550	2,547	2,554	2,693	2,893	2,944
Total Common Equity	27,325	26,623	25,170	23,894	22,684	21,310
Minority Interest	676.29	714.54	642.05	615.95	577.25	579.84
Shareholders' Equity	28,002	27,337	25,812	24,510	23,261	21,889
Total Liabilities & Equity	63,447	63,956	57,668	53,521	49,177	44,190
Total Debt	602.89	514.78	500.65	656.46	715.81	701.73
Net Cash (Debt)	3,926	6,383	6,480	6,965	6,795	7,083
Net Cash Growth	-16.86%	-1.50%	-6.96%	2.49%	-4.07%	23.98%
Net Cash Per Share	1.76	2.88	2.94	3.14	3.06	3.19
Filing Date Shares Outstanding	2,222	2,222	2,222	2,222	2,222	2,222
Total Common Shares Outstanding	2,222	2,222	2,222	2,222	2,222	2,222
Working Capital	15,671	14,713	13,535	12,062	10,996	10,994
Book Value Per Share	11.17	10.86	10.20	9.61	8.99	9.59
Tangible Book Value	25,797	25,168	23,726	22,303	21,049	19,894
Tangible Book Value Per Share	10.49	10.20	9.55	8.89	8.25	8.96
Buildings	-	5,944	4,886	4,710	4,254	4,122
Machinery	-	5,226	5,003	4,974	4,523	4,119
Construction In Progress	-	698.96	1,471	938.91	1,211	641.15

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