SHA:600780 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	3,208	2,470	2,216	2,013	1,652	1,434
Trading Asset Securities	4.68	5.41	4	3.3	3.21	3.12
Accounts Receivable	778.79	964.12	930.38	1,209	292.48	338.67
Other Receivables	56.61	172.25	15.72	52.4	26.71	43.46
Inventory	126.19	158.86	103.48	117.25	97.42	112.18
Prepaid Expenses	-	-	0.09	-	-	0.29
Other Current Assets	67.77	15.59	60.29	29.13	105.01	150.34
Total Current Assets	4,242	3,786	3,330	3,424	2,177	2,082
Property, Plant & Equipment	4,571	4,640	4,888	4,987	5,119	5,180
Other Intangible Assets	144.58	144.62	146.51	138.34	126.83	133.12
Long-Term Investments	1,876	1,751	1,594	1,308	976.53	715.85
Long-Term Deferred Tax Assets	178.65	195.23	222.13	175.86	163.74	151.81
Long-Term Deferred Charges	0.33	0.2	0.23	0.25	0.27	0.3
Other Long-Term Assets	80.51	19.38	2.95	5.26	8.42	11.11
Total Assets	11,094	10,536	10,184	10,039	8,572	8,274
Accounts Payable	1,086	475.8	494.46	618.76	579.58	507.09
Accrued Expenses	215.2	922.98	749.04	1,088	252.83	197.48
Short-Term Debt	-	-	30	420	320	100.09
Current Portion of Long-Term Debt	185.24	226.45	83.31	99.81	100.31	-
Current Unearned Revenue	403.2	402.15	437.32	444.37	607.38	581.53
Current Portion of Leases	-	127.06	121.23	8.27	7.89	-
Current Income Taxes Payable	166.51	66.94	53.13	41.95	19.93	37.24
Other Current Liabilities	219.33	252.56	247.68	219.21	246.39	333.33
Total Current Liabilities	2,275	2,474	2,216	2,940	2,134	1,757
Long-Term Debt	408.54	154.98	274.54	316.34	530.23	745.95
Long-Term Leases	-	-	126.72	17.74	26.01	-
Long-Term Unearned Revenue	184.91	172.76	149.07	134.54	135.85	132.87
Pension & Post-Retirement Benefits	1.2	1.2	1.09	1.32	1.72	2.49
Long-Term Deferred Tax Liabilities	62.36	78.07	102.11	40.66	25.64	16.82
Total Liabilities	2,932	2,881	2,870	3,451	2,854	2,655
Common Stock	1,147	1,147	1,147	1,147	1,147	1,147
Additional Paid-In Capital	1,331	1,319	1,309	1,295	1,303	1,283
Retained Earnings	5,626	5,143	4,836	4,157	3,301	3,218
Comprehensive Income & Other	95.52	82.9	56.6	23.68	-	-
Total Common Equity	8,199	7,692	7,349	6,622	5,750	5,648
Minority Interest	-37.22	-36.29	-35.04	-33.77	-31.94	-29.34
Shareholders' Equity	8,162	7,655	7,314	6,589	5,718	5,619
Total Liabilities & Equity	11,094	10,536	10,184	10,039	8,572	8,274
Total Debt	593.78	508.5	635.8	862.16	984.44	846.04
Net Cash (Debt)	2,619	1,967	1,584	1,154	670.84	590.61
Net Cash Growth	37.95%	24.19%	37.27%	72.00%	13.58%	227.11%
Net Cash Per Share	2.28	1.72	1.38	1.01	0.59	0.52
Filing Date Shares Outstanding	1,147	1,147	1,147	1,147	1,147	1,147
Total Common Shares Outstanding	1,147	1,147	1,147	1,147	1,147	1,147
Working Capital	1,967	1,312	1,114	484.07	42.6	324.83
Book Value Per Share	7.15	6.71	6.41	5.78	5.02	4.93
Tangible Book Value	8,054	7,547	7,202	6,484	5,623	5,515
Tangible Book Value Per Share	7.03	6.58	6.28	5.66	4.90	4.81
Buildings	-	2,842	2,828	2,764	2,711	2,706
Machinery	-	15,332	14,978	14,539	14,078	13,607
Construction In Progress	-	358.15	239.07	426.42	445.11	335.63

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