SHA:600971 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	5,254	5,410	6,848	7,481	6,243	5,513
Trading Asset Securities	250	537.83	201.85	-	-	-
Cash & Short-Term Investments	5,504	5,948	7,050	7,481	6,243	5,513
Cash Growth	-15.79%	-15.63%	-5.76%	19.84%	13.23%	3.82%
Accounts Receivable	1,331	2,210	2,318	3,124	2,681	2,107
Other Receivables	60.18	30.57	49.86	60.36	66.96	74.76
Receivables	1,392	2,241	2,367	3,184	2,748	2,182
Inventory	257.67	235.22	352.6	476.69	494.54	316.59
Prepaid Expenses	-	-	0.14	0	0	0
Other Current Assets	170.31	140.99	137.63	135.36	83.8	49.37
Total Current Assets	7,324	8,565	9,908	11,277	9,569	8,061
Property, Plant & Equipment	7,448	5,259	4,881	5,573	4,656	4,422
Long-Term Investments	1,796	1,736	1,355	1,061	824.31	773.31
Other Intangible Assets	4,492	3,453	3,594	3,405	2,370	2,450
Long-Term Accounts Receivable	365.09	367.58	360.99	473.58	231.74	-
Long-Term Deferred Tax Assets	138.34	136.86	145.37	126.27	104.93	110.2
Other Long-Term Assets	8.22	1,017	1,018	18.45	11.29	6.76
Total Assets	21,572	20,535	21,263	21,935	17,767	15,824
Accounts Payable	1,564	742.13	955.52	750.93	757.96	493.74
Accrued Expenses	194.44	2,039	2,351	2,607	2,247	1,625
Short-Term Debt	748.33	636.94	1,003	1,163	1,091	1,171
Current Portion of Long-Term Debt	623.89	470.11	340.86	160.45	582.5	101.06
Current Portion of Leases	-	-	-	-	16.87	-
Current Income Taxes Payable	83.26	5.84	4.67	82.74	58.61	108.49
Current Unearned Revenue	84.23	57.19	174.39	306.42	488.69	200.53
Other Current Liabilities	1,533	1,711	1,242	1,293	1,053	932.56
Total Current Liabilities	4,831	5,662	6,072	6,364	6,296	4,633
Long-Term Debt	746.05	650.32	565.97	665.6	339	834
Long-Term Leases	2.54	-	-	-	142.31	-
Long-Term Unearned Revenue	1.19	-	-	-	-	-
Long-Term Deferred Tax Liabilities	1.85	1.7	1.87	2.03	2.19	2.34
Other Long-Term Liabilities	3,954	1,787	1,938	1,668	928.8	914.71
Total Liabilities	9,537	8,101	8,578	8,699	7,708	6,384
Common Stock	1,200	1,200	1,200	1,200	1,200	1,200
Additional Paid-In Capital	-	-	-	2,948	1,656	1,975
Retained Earnings	8,370	8,793	8,982	8,146	6,186	5,195
Comprehensive Income & Other	2,403	2,372	2,421	854.74	921.53	971.57
Total Common Equity	11,972	12,365	12,602	13,148	9,964	9,341
Minority Interest	62.61	68.45	83.7	88.31	94.99	99.51
Shareholders' Equity	12,035	12,434	12,686	13,236	10,058	9,441
Total Liabilities & Equity	21,572	20,535	21,263	21,935	17,767	15,824
Total Debt	2,121	1,757	1,910	1,989	2,172	2,107
Net Cash (Debt)	3,383	4,190	5,140	5,492	4,071	3,407
Net Cash Growth	-26.40%	-18.48%	-6.40%	34.90%	19.49%	18.43%
Net Cash Per Share	2.82	3.49	4.28	4.58	3.39	2.84
Filing Date Shares Outstanding	1,200	1,200	1,200	1,200	1,200	1,200
Total Common Shares Outstanding	1,200	1,200	1,200	1,200	1,200	1,200
Working Capital	2,493	2,903	3,836	4,913	3,273	3,429
Book Value Per Share	9.98	10.30	10.50	10.96	8.30	7.78
Tangible Book Value	7,480	8,912	9,008	9,743	7,594	6,891
Tangible Book Value Per Share	6.23	7.43	7.51	8.12	6.33	5.74
Buildings	-	5,974	4,936	4,589	4,534	4,527
Machinery	-	6,535	6,136	6,133	5,718	5,685
Construction In Progress	-	695.59	1,753	1,560	1,247	1,067

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