SHA:601677 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	2,568	1,557	3,073	1,876	2,909	2,073
Short-Term Investments	418.72	304.84	80.57	278.9	-	-
Trading Asset Securities	1,249	2,797	1,044	1,385	2,144	1,533
Cash & Short-Term Investments	4,235	4,659	4,197	3,541	5,052	3,605
Cash Growth	21.38%	11.00%	18.55%	-29.92%	40.13%	11.91%
Accounts Receivable	6,838	4,775	4,031	3,569	3,003	1,714
Other Receivables	7.3	7.66	9.37	15.51	14.97	28.55
Receivables	6,845	4,783	4,040	3,584	3,018	1,742
Inventory	4,944	4,964	4,140	3,867	3,724	2,362
Other Current Assets	678.63	515.15	858.05	745.79	976.95	629.47
Total Current Assets	16,702	14,921	13,236	11,737	12,771	8,339
Property, Plant & Equipment	5,492	5,615	5,840	5,715	4,776	3,400
Long-Term Investments	421.51	421.51	421.51	421.51	418.51	105
Goodwill	6.56	6.56	6.56	6.56	6.56	6.56
Other Intangible Assets	550.55	557.52	421.3	432.09	442.03	363.32
Long-Term Deferred Tax Assets	87.72	105.61	84.54	82.57	102.26	84.27
Long-Term Deferred Charges	4.21	1.84	-	-	0.18	0.63
Other Long-Term Assets	4,019	1,695	1,233	559.4	412.24	474.57
Total Assets	27,283	23,324	21,243	18,955	18,929	12,773
Accounts Payable	4,673	2,828	3,146	2,645	3,683	1,641
Accrued Expenses	158.7	274.77	202.82	202.42	187.6	149.98
Short-Term Debt	1,311	581.56	450.88	291.05	376.1	-
Current Portion of Leases	0.35	0.35	-	0.24	1.25	-
Current Income Taxes Payable	228.03	77.12	34.7	83.76	113.16	134.62
Current Unearned Revenue	213.54	228.3	208.53	250.97	344.04	140.55
Other Current Liabilities	1,363	1,340	896.96	1,496	1,769	281.62
Total Current Liabilities	7,948	5,330	4,940	4,969	6,474	2,348
Long-Term Debt	-	-	-	984.94	1,050	1,216
Long-Term Leases	0.8	0.95	-	-	2.97	-
Long-Term Unearned Revenue	237.79	289.55	264.7	232.9	232.57	109.92
Long-Term Deferred Tax Liabilities	115.8	105.59	94.07	130.1	100.81	81.75
Total Liabilities	8,303	5,726	5,299	6,317	7,860	3,756
Common Stock	1,244	1,244	1,192	969.81	682.44	661.36
Additional Paid-In Capital	6,749	6,379	6,148	4,187	4,346	4,107
Retained Earnings	10,872	9,677	8,091	6,904	5,499	3,783
Treasury Stock	-140.34	-281.67	-	-	-	-102.52
Comprehensive Income & Other	-38.07	283.41	213.23	141.07	147.12	209.23
Total Common Equity	18,686	17,302	15,645	12,202	10,674	8,658
Minority Interest	294.47	296.37	298.9	435.28	394.33	359.66
Shareholders' Equity	18,981	17,598	15,943	12,637	11,068	9,017
Total Liabilities & Equity	27,283	23,324	21,243	18,955	18,929	12,773
Total Debt	1,312	582.87	450.88	1,276	1,430	1,216
Net Cash (Debt)	2,923	4,076	3,746	2,264	3,622	2,389
Net Cash Growth	-9.41%	8.80%	65.45%	-37.48%	51.62%	81.43%
Net Cash Per Share	2.23	3.24	3.64	2.12	3.70	2.28
Filing Date Shares Outstanding	1,244	1,244	1,163	969.81	955.41	925.9
Total Common Shares Outstanding	1,244	1,244	1,163	969.81	955.41	925.9
Working Capital	8,754	9,591	8,295	6,768	6,297	5,991
Book Value Per Share	15.03	13.91	13.45	12.58	11.17	9.35
Tangible Book Value	18,129	16,737	15,217	11,763	10,225	8,288
Tangible Book Value Per Share	14.58	13.46	13.08	12.13	10.70	8.95
Buildings	-	1,751	1,747	1,523	1,237	820.03
Machinery	-	7,564	6,844	6,535	5,260	4,615
Construction In Progress	-	176.09	706.39	696.51	1,085	454.41

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