SHA:600638 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	6,774	5,763	5,494	6,966	5,085	4,418
Short-Term Investments	-	172.6	141.35	275.6	285	323.5
Trading Asset Securities	173.75	270.36	342.45	70.97	97.03	2.59
Cash & Short-Term Investments	6,948	6,206	5,978	7,312	5,467	4,744
Cash Growth	42.81%	3.81%	-18.25%	33.76%	15.23%	40.80%
Accounts Receivable	46.67	41.27	87.58	19.79	43.92	71.97
Other Receivables	334.04	259.87	219.32	81.42	531.75	351.35
Receivables	380.71	301.14	311.96	109.86	609.18	454.41
Inventory	2,231	1,984	4,025	6,662	8,475	8,758
Prepaid Expenses	-	110.86	67.8	114.64	105.08	46.39
Other Current Assets	5,516	4,415	3,686	4,041	3,668	3,082
Total Current Assets	15,075	13,016	14,068	18,241	18,324	17,085
Property, Plant & Equipment	629.16	440.21	471.08	505.28	488.96	505.58
Long-Term Investments	1,880	1,837	1,691	1,769	1,747	1,739
Other Intangible Assets	1.73	3.94	5.07	4.75	5.47	4.49
Long-Term Deferred Tax Assets	47.97	49.83	69.76	71.84	62.94	14.41
Long-Term Deferred Charges	13.84	14.77	29.99	10.41	35.63	19.83
Other Long-Term Assets	3,738	3,798	4,004	3,931	777.48	724.08
Total Assets	21,386	19,160	20,340	24,532	21,441	20,093
Accounts Payable	339.97	419.56	609.42	1,802	626.5	335.86
Accrued Expenses	20.99	181.37	268.66	257.64	256.25	145.18
Short-Term Debt	45.57	432.23	639.7	1,198	914.8	1,058
Current Portion of Long-Term Debt	42.5	115.19	98.75	148.71	96.59	1,465
Current Portion of Leases	-	8.4	10.81	10.1	4.85	-
Current Income Taxes Payable	87.05	11.86	47.04	42.69	133.49	53.17
Current Unearned Revenue	1,937	2,029	2,908	2,821	5,048	2,697
Other Current Liabilities	10,946	7,584	7,117	8,637	6,474	5,695
Total Current Liabilities	13,419	10,781	11,699	14,917	13,555	11,449
Long-Term Debt	2,910	3,466	2,749	2,768	2,544	1,781
Long-Term Leases	9.36	9.82	14.83	22.74	2.65	-
Long-Term Unearned Revenue	-	8.8	994.79	1,925	589.02	1,984
Long-Term Deferred Tax Liabilities	70.84	72.01	88.83	95.72	97.65	156.6
Other Long-Term Liabilities	90.29	75.03	148.66	217.19	129.92	214.59
Total Liabilities	16,500	14,412	15,695	19,946	16,918	15,585
Common Stock	673.4	673.4	673.4	673.4	673.4	673.4
Additional Paid-In Capital	902.1	902.1	902.64	902.64	902.64	902.64
Retained Earnings	3,031	2,919	2,856	2,811	2,789	2,604
Comprehensive Income & Other	2.55	2.55	-1.3	-6.82	-1.63	132.61
Total Common Equity	4,609	4,497	4,431	4,381	4,363	4,313
Minority Interest	277.49	250.67	213.61	205.81	160.32	194.54
Shareholders' Equity	4,886	4,748	4,644	4,586	4,523	4,508
Total Liabilities & Equity	21,386	19,160	20,340	24,532	21,441	20,093
Total Debt	3,008	4,031	3,513	4,148	3,563	4,303
Net Cash (Debt)	3,940	2,174	2,464	3,165	1,904	440.8
Net Cash Growth	100.89%	-11.78%	-22.13%	66.19%	331.99%	-
Net Cash Per Share	5.85	3.23	3.66	4.70	2.83	0.65
Filing Date Shares Outstanding	673.4	673.4	673.4	673.4	673.4	673.4
Total Common Shares Outstanding	673.4	673.4	673.4	673.4	673.4	673.4
Working Capital	1,656	2,235	2,369	3,324	4,769	5,636
Book Value Per Share	6.84	6.68	6.58	6.51	6.48	6.40
Tangible Book Value	4,607	4,493	4,426	4,376	4,358	4,309
Tangible Book Value Per Share	6.84	6.67	6.57	6.50	6.47	6.40
Buildings	-	568.8	568.8	556.69	556.68	556.87
Machinery	-	145.1	145.27	156.09	133.08	128.47
Construction In Progress	-	1.82	-	-	-	-

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