SHA:600970 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	6,864	8,466	9,638	8,984	8,500	8,594
Short-Term Investments	-	358.13	467.82	10.03	-	-
Trading Asset Securities	255.15	259.34	251.48	612.23	427.15	131.54
Cash & Short-Term Investments	7,119	9,083	10,357	9,607	8,927	8,725
Cash Growth	12.39%	-12.30%	7.82%	7.61%	2.31%	30.81%
Accounts Receivable	24,751	25,089	19,839	16,688	12,321	9,835
Other Receivables	1,297	1,069	888.78	912.79	1,883	1,735
Receivables	26,047	26,158	20,728	17,601	14,204	11,571
Inventory	3,381	2,446	2,879	3,058	2,541	2,400
Prepaid Expenses	-	10.01	0.63	24.07	7.7	-
Other Current Assets	9,507	5,964	5,523	5,565	5,879	6,532
Total Current Assets	46,054	43,662	39,488	35,855	31,559	29,229
Property, Plant & Equipment	6,480	6,365	5,801	5,135	3,569	3,267
Long-Term Investments	2,661	2,666	1,647	1,476	631.81	459.2
Goodwill	759.44	727.54	782.14	897.61	704.08	785.38
Other Intangible Assets	1,028	1,068	1,092	1,114	759.06	736.93
Long-Term Accounts Receivable	2,038	2,510	3,961	4,077	3,605	5,769
Long-Term Deferred Tax Assets	662.74	632.73	592.04	548.22	491.93	471.15
Long-Term Deferred Charges	233.79	216.33	195.61	191.32	133.94	116.63
Other Long-Term Assets	937.87	897.2	859.33	773.82	359.88	409.92
Total Assets	60,855	58,746	54,420	50,068	41,814	41,243
Accounts Payable	17,181	16,989	14,335	12,655	10,406	9,281
Accrued Expenses	309.25	1,350	1,207	1,307	973.38	872.86
Short-Term Debt	3,150	2,748	2,527	2,573	3,016	2,361
Current Portion of Long-Term Debt	1,680	2,039	1,502	758.89	602.3	764.91
Current Portion of Leases	-	18.84	15.87	18.58	3.15	7.46
Current Income Taxes Payable	504.4	364.33	382.86	345.7	219.18	215.97
Current Unearned Revenue	8,843	7,756	7,613	6,821	8,077	9,357
Other Current Liabilities	2,068	2,004	2,317	2,452	1,658	1,699
Total Current Liabilities	33,735	33,268	29,900	26,931	24,955	24,560
Long-Term Debt	2,300	1,785	3,044	3,311	2,276	1,901
Long-Term Leases	57.9	48.39	55.42	21.84	24.4	18.34
Long-Term Unearned Revenue	327.52	366.53	301.67	337.76	312.86	331.33
Pension & Post-Retirement Benefits	-	253.23	232.61	232.13	66.42	64.96
Long-Term Deferred Tax Liabilities	68.75	73.9	80.46	99.26	67.07	80.42
Other Long-Term Liabilities	468.9	205.67	194.2	276.93	282.88	351.7
Total Liabilities	36,958	36,001	33,808	31,210	27,985	27,307
Common Stock	2,622	2,642	2,642	2,266	2,219	1,738
Additional Paid-In Capital	377.66	453.87	409.92	1,184	302.28	1,805
Retained Earnings	18,994	18,101	16,175	14,055	10,622	9,267
Treasury Stock	-14.16	-206.62	-306.58	-267.19	-	-
Comprehensive Income & Other	177.8	125.61	174.54	191.54	123.59	193.05
Total Common Equity	22,158	21,115	19,095	17,428	13,267	13,003
Minority Interest	1,740	1,630	1,516	1,430	561.61	932.77
Shareholders' Equity	23,897	22,745	20,611	18,858	13,829	13,936
Total Liabilities & Equity	60,855	58,746	54,420	50,068	41,814	41,243
Total Debt	7,187	6,638	7,144	6,683	5,922	5,052
Net Cash (Debt)	-68.03	2,445	3,213	2,923	3,005	3,673
Net Cash Growth	-	-23.90%	9.91%	-2.71%	-18.20%	38.16%
Net Cash Per Share	-0.03	0.93	1.23	1.13	1.36	1.67
Filing Date Shares Outstanding	2,622	2,642	2,642	2,266	2,219	1,738
Total Common Shares Outstanding	2,622	2,642	2,642	2,266	2,219	1,738
Working Capital	12,320	10,394	9,588	8,924	6,604	4,669
Book Value Per Share	8.45	7.99	7.23	7.69	5.98	7.48
Tangible Book Value	20,370	19,320	17,221	15,417	11,804	11,481
Tangible Book Value Per Share	7.77	7.31	6.52	6.80	5.32	6.61
Buildings	-	4,640	4,173	3,384	2,309	2,240
Machinery	-	4,377	3,672	3,296	2,728	2,539
Construction In Progress	-	216.13	576.11	850.61	579.42	417.86
Order Backlog	-	10,336,771	-	-	-	-

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