SHA:601198 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	1,300	1,783	1,783	2,993	2,965	2,356
Short-Term Investments	18,667	13,765	9,792	12,449	17,009	12,987
Trading Asset Securities	31,843	21,873	13,940	17,345	22,865	18,070
Accounts Receivable	-	75.76	93.99	143.45	157.71	117.42
Other Receivables	202.61	1,069	1,100	1,535	1,814	1,027
Property, Plant & Equipment	305.08	412.9	429.86	569.21	540.8	157.37
Goodwill	-	-	20	20	20	20
Other Intangible Assets	36.48	54.2	52.79	60.67	49.96	41.21
Investments in Debt & Equity Securities	34,695	26,766	40,895	37,667	26,560	26,531
Other Current Assets	6,585	21,660	12,814	10,663	6,628	6,448
Long-Term Deferred Tax Assets	536.66	636.9	662.77	881.12	589.7	671.68
Other Long-Term Assets	22,220	16,872	17,566	17,326	19,694	17,927
Total Assets	116,391	105,229	99,280	101,753	98,965	86,375
Accounts Payable	723.69	799.98	566.35	328.63	310.87	48.87
Accrued Expenses	22,343	18,283	13,641	16,954	20,996	17,089
Short-Term Debt	37,003	38,994	34,391	28,848	19,276	17,322
Current Portion of Long-Term Debt	9,419	4,030	10,581	13,251	14,790	11,757
Other Current Liabilities	1,887	1,057	660.49	1,503	1,878	1,807
Long-Term Debt	11,956	10,650	8,065	12,043	12,495	15,152
Long-Term Leases	170.69	261.47	238.16	386.07	350.8	-
Long-Term Unearned Revenue	-	0.57	0.78	0.99	1.21	1.42
Long-Term Deferred Tax Liabilities	36.82	27.36	26.2	20.68	114.09	33.64
Other Long-Term Liabilities	2,676	2,622	3,957	2,133	2,005	1,656
Total Liabilities	86,751	76,830	72,171	75,665	72,272	65,190
Common Stock	3,232	3,232	3,232	3,232	3,232	2,758
Additional Paid-In Capital	13,762	13,762	13,762	13,762	13,762	9,762
Retained Earnings	12,026	11,019	10,062	9,423	9,751	8,574
Comprehensive Income & Other	572.02	337.92	12.48	-366.26	-86.43	53.77
Total Common Equity	29,592	28,352	27,068	26,051	26,659	21,148
Minority Interest	47.62	47.06	39.89	37.46	34.38	36.78
Shareholders' Equity	29,640	28,399	27,108	26,089	26,693	21,185
Total Liabilities & Equity	116,391	105,229	99,280	101,753	98,965	86,375
Total Debt	58,549	53,935	53,276	54,527	46,913	44,231
Net Cash (Debt)	-6,739	-16,514	-27,761	-21,740	-4,074	-10,817
Net Cash Per Share	-2.09	-5.11	-8.60	-6.73	-1.43	-3.92
Filing Date Shares Outstanding	3,232	3,232	3,232	3,232	3,232	2,758
Total Common Shares Outstanding	3,232	3,232	3,232	3,232	3,232	2,758
Working Capital	-13,314	-2,831	-20,246	-15,872	-5,820	-7,342
Book Value Per Share	9.15	8.77	8.37	8.06	8.25	7.67
Tangible Book Value	29,556	28,297	26,996	25,971	26,589	21,087
Tangible Book Value Per Share	9.14	8.75	8.35	8.03	8.23	7.65

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