SHA:600611 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	1,683	1,814	1,948	2,260	2,169	1,876
Trading Asset Securities	1,807	1,824	1,467	1,280	2,577	1,920
Cash & Short-Term Investments	3,490	3,638	3,415	3,540	4,746	3,796
Cash Growth	-9.30%	6.51%	-3.53%	-25.41%	25.04%	-19.19%
Accounts Receivable	262.54	242.71	197.12	228.3	163.55	123.71
Other Receivables	164.97	162.85	140.44	131.91	224.22	183.22
Receivables	2,212	2,477	2,296	2,281	1,905	1,802
Inventory	3,246	3,228	3,350	4,580	3,031	4,096
Prepaid Expenses	-	-	-	-	-	35.68
Other Current Assets	200.74	199.21	224.13	382.32	364.51	99.01
Total Current Assets	9,148	9,542	9,286	10,783	10,046	9,828
Property, Plant & Equipment	2,516	2,666	2,328	2,149	1,730	1,746
Long-Term Investments	3,746	3,257	3,017	3,050	3,497	3,221
Goodwill	374.05	374.05	310.58	310.58	-	-
Other Intangible Assets	1,214	1,226	1,248	1,276	1,253	1,213
Long-Term Deferred Tax Assets	145.87	138.71	111.68	168.66	161.64	141.48
Long-Term Deferred Charges	84.49	92	95.77	107.81	113.36	139.11
Other Long-Term Assets	2,075	2,122	2,048	2,155	2,168	583.4
Total Assets	19,319	19,446	18,481	20,023	19,290	17,231
Accounts Payable	284.39	374.51	232.86	342.76	320.4	175.19
Accrued Expenses	47.97	216.77	263.9	379.17	345.35	447.04
Short-Term Debt	2,146	2,963	3,134	3,150	2,988	2,938
Current Portion of Long-Term Debt	721.01	983.14	965.85	535.52	208.05	-
Current Portion of Leases	-	82.53	83.11	96.5	36.21	-
Current Income Taxes Payable	112.17	48.34	31.85	78.53	45.04	56.85
Current Unearned Revenue	523.72	537.62	461.51	2,202	2,119	610.01
Other Current Liabilities	673.01	615.75	642.48	845.98	767.26	1,783
Total Current Liabilities	4,508	5,821	5,816	7,631	6,829	6,010
Long-Term Debt	2,883	2,015	1,912	1,697	1,690	952.03
Long-Term Leases	738.37	791.4	386.43	209.24	73.71	-
Long-Term Unearned Revenue	0.72	0.85	0.85	-	-	-
Pension & Post-Retirement Benefits	8.43	10.35	-	-	-	-
Long-Term Deferred Tax Liabilities	529.45	428.96	289.07	321.01	498.4	467.73
Total Liabilities	8,668	9,068	8,404	9,858	9,091	7,429
Common Stock	2,364	2,364	2,364	2,364	2,364	2,364
Additional Paid-In Capital	14.33	7.48	7.48	143.29	38.82	7.48
Retained Earnings	7,052	7,073	6,982	6,897	7,237	6,910
Treasury Stock	-52.01	-	-	-323.14	-323.14	-170.03
Comprehensive Income & Other	764.99	400.32	169.12	291.96	338.98	172.72
Total Common Equity	10,143	9,845	9,522	9,374	9,656	9,285
Minority Interest	507.32	532.9	554.06	792.02	543.31	517.02
Shareholders' Equity	10,651	10,378	10,077	10,166	10,199	9,802
Total Liabilities & Equity	19,319	19,446	18,481	20,023	19,290	17,231
Total Debt	6,489	6,835	6,482	5,688	4,996	3,890
Net Cash (Debt)	-2,999	-3,197	-3,067	-2,148	-249.36	-93.92
Net Cash Per Share	-1.29	-1.36	-1.32	-0.94	-0.11	-0.04
Filing Date Shares Outstanding	2,357	2,364	2,364	2,276	2,276	2,276
Total Common Shares Outstanding	2,357	2,364	2,364	2,276	2,276	2,319
Working Capital	4,640	3,721	3,470	3,153	3,217	3,818
Book Value Per Share	4.30	4.16	4.03	4.12	4.24	4.00
Tangible Book Value	8,555	8,244	7,963	7,788	8,403	8,072
Tangible Book Value Per Share	3.63	3.49	3.37	3.42	3.69	3.48
Buildings	-	354.68	544.14	589.51	593.06	809.72
Machinery	-	2,870	2,824	2,673	2,169	2,178
Construction In Progress	-	67.48	9.56	72.61	39.75	14.18

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