SHA:600981 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	3,889	3,537	3,467	4,133	3,742	4,576
Trading Asset Securities	2,840	3,125	4,280	4,575	4,510	4,571
Cash & Short-Term Investments	6,729	6,662	7,748	8,708	8,252	9,147
Cash Growth	-10.00%	-14.01%	-11.03%	5.52%	-9.78%	-3.04%
Accounts Receivable	4,233	4,561	2,997	2,933	3,451	3,392
Other Receivables	600.08	690.18	695.45	617.48	1,098	358.24
Receivables	4,834	5,251	3,692	3,550	4,549	3,750
Inventory	8,086	6,552	4,854	4,322	3,098	2,966
Prepaid Expenses	-	28	37.96	-	38.24	-
Other Current Assets	2,688	2,498	2,590	2,885	3,379	3,561
Total Current Assets	22,337	20,992	18,922	19,465	19,317	19,425
Property, Plant & Equipment	1,234	1,276	1,400	1,476	1,607	1,635
Long-Term Investments	1,578	1,553	1,753	1,816	1,812	1,761
Goodwill	165.4	165.4	166.06	166.06	166.06	166.06
Other Intangible Assets	541.64	570.2	604.54	641.67	622.68	675.81
Long-Term Accounts Receivable	23.67	29.91	53.87	214.01	184.82	164.56
Long-Term Deferred Tax Assets	560.61	497.59	500.88	483.92	454.4	399.84
Long-Term Deferred Charges	35.01	40.18	66.27	70.73	59.68	45.32
Other Long-Term Assets	642.03	661.89	699.13	731.71	778.55	741.49
Total Assets	27,117	25,786	24,166	25,065	25,002	25,014
Accounts Payable	3,264	3,776	3,048	2,748	2,968	3,683
Accrued Expenses	165.69	323.2	314.45	386.23	378.41	296.9
Short-Term Debt	8,261	6,767	5,492	7,784	6,979	7,102
Current Portion of Long-Term Debt	3,266	2,846	401.74	1,241	1,129	-
Current Portion of Leases	-	37.64	37.11	57.97	54.49	-
Current Income Taxes Payable	162.32	103.46	94.73	80.41	108.97	60.55
Current Unearned Revenue	3,400	2,567	2,250	2,318	2,380	1,972
Other Current Liabilities	1,238	1,441	1,550	1,931	2,083	2,043
Total Current Liabilities	19,756	17,861	13,187	16,546	16,080	15,158
Long-Term Debt	1,058	1,676	4,297	1,891	1,290	2,547
Long-Term Leases	73.19	75.94	110.3	191.86	284.91	-
Long-Term Unearned Revenue	42.55	42.66	74.33	101.91	119.73	163.25
Long-Term Deferred Tax Liabilities	420.54	391.35	363.26	362.44	240.09	230.37
Other Long-Term Liabilities	36.22	40.44	49.49	79.84	154.03	219.07
Total Liabilities	21,387	20,088	18,082	19,173	18,169	18,318
Common Stock	2,242	2,242	2,242	2,242	2,242	2,242
Additional Paid-In Capital	624.13	623.78	862.75	701.54	700.04	710.82
Retained Earnings	2,156	2,127	2,098	2,063	2,635	2,465
Comprehensive Income & Other	48.53	49.14	51.32	11.97	-16.05	-7.52
Total Common Equity	5,072	5,042	5,254	5,019	5,562	5,411
Minority Interest	658.21	655.14	830.27	872.2	1,272	1,285
Shareholders' Equity	5,730	5,697	6,084	5,892	6,833	6,696
Total Liabilities & Equity	27,117	25,786	24,166	25,065	25,002	25,014
Total Debt	12,658	11,403	10,338	11,166	9,737	9,649
Net Cash (Debt)	-5,929	-4,741	-2,590	-2,458	-1,485	-502.33
Net Cash Per Share	-1.95	-1.62	-1.31	-1.08	-0.66	-0.23
Filing Date Shares Outstanding	2,242	2,242	2,242	2,242	2,242	2,242
Total Common Shares Outstanding	2,242	2,242	2,242	2,242	2,242	2,242
Working Capital	2,580	3,130	5,735	2,919	3,237	4,266
Book Value Per Share	2.26	2.25	2.34	2.24	2.48	2.41
Tangible Book Value	4,364	4,307	4,484	4,212	4,773	4,569
Tangible Book Value Per Share	1.95	1.92	2.00	1.88	2.13	2.04
Buildings	-	1,704	1,743	1,748	1,686	1,852
Machinery	-	783.27	786.68	730.29	726.68	906.28
Construction In Progress	-	22.74	17.08	4.87	29.85	50.92

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