SHA:601872 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	4,348	4,589	4,953	11,229	10,669	10,712
Cash & Short-Term Investments	4,348	4,589	4,953	11,229	10,669	10,712
Cash Growth	7.95%	-7.35%	-55.89%	5.25%	-0.40%	69.85%
Accounts Receivable	2,384	2,392	2,668	3,048	2,164	2,561
Other Receivables	1,907	1,668	1,732	1,840	1,868	2,413
Receivables	4,290	4,060	4,400	4,888	4,032	4,974
Inventory	1,300	1,418	1,313	1,424	1,344	1,167
Other Current Assets	349.45	285.07	415.83	375.49	684.57	679.36
Total Current Assets	10,287	10,353	11,082	17,916	16,730	17,533
Property, Plant & Equipment	52,998	47,600	44,191	41,972	39,366	40,967
Long-Term Investments	8,289	6,535	5,223	4,462	3,079	2,569
Goodwill	43.15	43.62	42.97	42.26	38.63	39.59
Other Intangible Assets	1,110	1,135	1,130	474.85	435.41	442.22
Long-Term Accounts Receivable	-	-	0.88	2.4	1.36	-
Long-Term Deferred Tax Assets	31.31	28.32	42.96	15.29	13.71	2.41
Long-Term Deferred Charges	893.5	758.63	681.5	588.07	471	612.07
Other Long-Term Assets	4,309	4,165	0.01	0.01	0.02	-
Total Assets	77,960	70,619	62,395	65,474	60,136	62,164
Accounts Payable	1,756	1,860	2,789	2,354	2,597	2,589
Accrued Expenses	497.21	543.19	504.38	482.89	442.1	404.32
Short-Term Debt	11,666	8,805	4,990	2,024	3,518	3,471
Current Portion of Long-Term Debt	4,205	2,881	2,754	2,545	5,350	-
Current Portion of Leases	-	455.03	163.99	288.56	517.18	-
Current Income Taxes Payable	137.87	436.85	313.17	380.14	548.51	182.92
Current Unearned Revenue	314.77	299.54	338.01	436.12	721.35	539.04
Other Current Liabilities	4,858	2,206	675.5	458.34	805.8	5,164
Total Current Liabilities	23,435	17,487	12,527	8,968	14,500	12,351
Long-Term Debt	11,593	11,793	12,140	22,230	18,094	22,459
Long-Term Leases	422.81	225.6	211.86	377.83	520.93	-
Long-Term Unearned Revenue	29.16	24.89	23.32	6.56	5.57	5.39
Pension & Post-Retirement Benefits	0.54	0.55	0.31	0.31	0.31	0.33
Long-Term Deferred Tax Liabilities	422.69	49.67	52.47	52.12	48.3	49.89
Other Long-Term Liabilities	532.45	189.45	100.16	334.81	82.82	849.08
Total Liabilities	36,435	29,770	25,056	31,970	33,252	35,714
Common Stock	8,075	8,144	8,144	8,126	8,108	6,740
Additional Paid-In Capital	11,907	12,281	12,341	12,249	12,209	15,526
Retained Earnings	19,977	18,502	15,654	12,361	8,163	5,426
Treasury Stock	-	-132.48	-	-	-	-
Comprehensive Income & Other	817.32	1,249	752.19	315.29	-2,077	-1,683
Total Common Equity	40,776	40,044	36,891	33,051	26,403	26,009
Minority Interest	748.64	805.5	447.97	452.88	480.29	441.51
Shareholders' Equity	41,525	40,849	37,339	33,504	26,883	26,450
Total Liabilities & Equity	77,960	70,619	62,395	65,474	60,136	62,164
Total Debt	27,886	24,160	20,259	27,465	28,001	25,930
Net Cash (Debt)	-23,539	-19,570	-15,306	-16,236	-17,331	-15,218
Net Cash Per Share	-2.95	-2.41	-1.90	-1.95	-2.31	-1.89
Filing Date Shares Outstanding	8,075	8,144	8,144	8,126	8,108	8,088
Total Common Shares Outstanding	8,075	8,144	8,144	8,126	8,108	8,088
Working Capital	-13,148	-7,134	-1,445	8,948	2,230	5,182
Book Value Per Share	5.05	4.92	4.53	4.07	3.26	3.22
Tangible Book Value	39,623	38,865	35,718	32,534	25,929	25,527
Tangible Book Value Per Share	4.91	4.77	4.39	4.00	3.20	3.16
Buildings	-	213.34	211.24	130.77	125.19	-
Machinery	-	61,397	58,914	56,640	51,125	-
Construction In Progress	-	6,557	3,429	1,073	778.14	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.