SHA:600650 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	1,818	1,765	1,589	1,953	1,091	1,339
Trading Asset Securities	88.69	99	72.93	69.52	71.69	78.06
Cash & Short-Term Investments	1,907	1,864	1,662	2,023	1,162	1,417
Cash Growth	8.61%	12.13%	-17.84%	74.03%	-17.96%	11.45%
Accounts Receivable	223.79	247.77	184.6	195.82	174.09	133.78
Other Receivables	76.98	81.72	51.53	42.78	333.92	315.61
Receivables	300.77	329.5	236.13	238.6	508.01	449.38
Inventory	83.39	66.96	141.7	165.04	154.78	187.85
Other Current Assets	66.41	46.11	49.85	23.26	63.85	62.4
Total Current Assets	2,357	2,306	2,090	2,450	1,889	2,117
Property, Plant & Equipment	903.06	966.97	926.16	872.1	989.52	783.1
Long-Term Investments	1,780	1,775	1,541	1,483	1,935	1,881
Goodwill	37.94	37.94	37.94	37.94	-	-
Other Intangible Assets	420.9	422.43	424.89	423.73	302.43	307.36
Long-Term Deferred Tax Assets	9.08	9.08	6.99	6.22	12.07	16.52
Long-Term Deferred Charges	4.11	2.62	6.05	7.27	7.15	5.5
Other Long-Term Assets	79.73	33.4	62.03	43.69	44.02	73.65
Total Assets	5,592	5,554	5,095	5,324	5,179	5,184
Accounts Payable	111.03	104.39	68.29	149.44	193.67	207.31
Accrued Expenses	105.44	149.61	155.22	175.22	150.74	183.81
Short-Term Debt	20	20	20	91.07	52.85	72.5
Current Portion of Long-Term Debt	26.54	11.56	6.4	-	-	-
Current Portion of Leases	-	6.29	5.74	8.29	29.72	-
Current Income Taxes Payable	19.41	15.24	13.24	202.47	32.06	100.85
Current Unearned Revenue	52.47	68.62	65.84	61.19	66.1	87.34
Other Current Liabilities	253.45	261.05	254.93	233.58	235.16	219.67
Total Current Liabilities	588.35	636.75	589.66	921.27	760.3	871.47
Long-Term Debt	66.52	69.95	30.23	-	-	25
Long-Term Leases	54.49	3.88	7.3	5.2	92.34	-
Long-Term Unearned Revenue	20.35	21.22	22.38	23.63	24.87	26.11
Pension & Post-Retirement Benefits	-	15.15	37.99	38.92	39.04	40.2
Long-Term Deferred Tax Liabilities	286.35	282.71	216.91	190.69	234.65	231.7
Other Long-Term Liabilities	59.6	52.5	45.34	48.88	55.48	61.4
Total Liabilities	1,076	1,082	949.82	1,229	1,207	1,256
Common Stock	551.61	551.61	551.61	551.61	551.61	551.61
Additional Paid-In Capital	291.37	291.37	293.16	297.17	301.23	354.61
Retained Earnings	2,635	2,604	2,454	2,463	1,980	1,922
Comprehensive Income & Other	803.3	784.67	606.17	542.55	727.78	712.44
Total Common Equity	4,281	4,232	3,905	3,854	3,560	3,541
Minority Interest	235.22	239.45	240.65	241.64	412.06	387.44
Shareholders' Equity	4,516	4,472	4,145	4,096	3,972	3,928
Total Liabilities & Equity	5,592	5,554	5,095	5,324	5,179	5,184
Total Debt	167.55	111.67	69.67	104.56	174.91	97.5
Net Cash (Debt)	1,739	1,752	1,592	1,918	987.48	1,319
Net Cash Growth	2.03%	10.02%	-16.99%	94.27%	-25.16%	10.76%
Net Cash Per Share	3.15	3.17	2.89	3.48	1.79	2.39
Filing Date Shares Outstanding	551.61	551.61	551.61	551.61	551.61	551.61
Total Common Shares Outstanding	551.61	551.61	551.61	551.61	551.61	551.61
Working Capital	1,769	1,670	1,500	1,529	1,129	1,245
Book Value Per Share	7.76	7.67	7.08	6.99	6.45	6.42
Tangible Book Value	3,822	3,772	3,442	3,392	3,258	3,233
Tangible Book Value Per Share	6.93	6.84	6.24	6.15	5.91	5.86
Buildings	-	359.59	359.7	359.7	310.27	310.84
Machinery	-	1,721	1,631	1,558	1,479	1,488
Construction In Progress	-	3.52	4.28	7.35	40.37	22.93

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