SHA:603053 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	3,011	2,782	2,505	1,738	1,384	1,867
Short-Term Investments	0.31	0.75	0.73	0.73	0.64	0.73
Trading Asset Securities	500.33	410.33	491.36	440.44	400	-
Accounts Receivable	142.25	104.02	130.29	99	73.13	75.04
Other Receivables	28.35	47.35	30.49	38.5	114.3	138.5
Inventory	70.77	63.68	65.98	88.71	88.46	94.53
Prepaid Expenses	-	0.96	1.13	0.83	0.8	0.34
Other Current Assets	202.29	251.66	272.87	233.13	270.26	208.83
Total Current Assets	3,955	3,661	3,498	2,639	2,331	2,385
Property, Plant & Equipment	3,288	3,378	3,433	3,399	3,224	3,264
Goodwill	66.6	66.6	66.6	66.6	66.6	66.6
Other Intangible Assets	491.3	513.63	560.94	593.72	469.7	456.15
Long-Term Investments	505.79	524.56	495.58	442.72	490.33	405.26
Long-Term Loans Receivable	-	-	0.7	0.95	1.94	2.51
Long-Term Deferred Tax Assets	43.01	13.45	12.76	12.04	5.85	8.85
Long-Term Deferred Charges	14.23	9.67	10.22	12.89	11	12.88
Other Long-Term Assets	30.81	32.29	30.11	31.83	33.54	48.34
Total Assets	8,395	8,199	8,108	7,199	6,635	6,650
Accounts Payable	1,063	1,169	1,456	1,184	1,075	1,234
Accrued Expenses	152.73	178.69	183.85	191.44	188.85	189.7
Current Portion of Long-Term Debt	0.49	1.49	2.5	2.5	2.34	227.6
Current Unearned Revenue	1,520	1,405	1,118	764.25	888.43	774.51
Current Portion of Leases	-	0.16	0.19	0.21	-	-
Current Income Taxes Payable	35.68	11.11	15.21	15.25	5.28	6.25
Other Current Liabilities	326.29	293.83	402.23	383.25	234.37	236
Total Current Liabilities	3,098	3,059	3,178	2,541	2,394	2,668
Long-Term Debt	40.08	39.45	59.1	61.3	63.64	66.88
Long-Term Leases	1.01	0.38	0.46	0.74	1.2	-
Long-Term Unearned Revenue	85.71	89.75	95.14	100.53	105.88	117.68
Long-Term Deferred Tax Liabilities	64.05	66.45	73.27	77.2	66.14	58.14
Other Long-Term Liabilities	-	0.81	0.81	1.98	0.4	0.4
Total Liabilities	3,289	3,256	3,407	2,782	2,631	2,911
Common Stock	888.89	888.89	888.89	888.89	888.89	888.89
Additional Paid-In Capital	1,329	1,329	1,329	1,329	1,328	1,328
Retained Earnings	2,537	2,388	2,166	1,906	1,681	1,412
Comprehensive Income & Other	69	68.45	48.87	29.09	13.02	10.63
Total Common Equity	4,824	4,674	4,432	4,153	3,911	3,640
Minority Interest	281.91	269.16	269.35	264.12	92.35	99.26
Shareholders' Equity	5,106	4,943	4,701	4,417	4,003	3,739
Total Liabilities & Equity	8,395	8,199	8,108	7,199	6,635	6,650
Total Debt	41.57	41.48	62.25	64.75	67.18	294.48
Net Cash (Debt)	3,470	3,151	2,935	2,114	1,717	1,573
Net Cash Growth	7.12%	7.37%	38.83%	23.13%	9.14%	-9.53%
Net Cash Per Share	3.93	3.55	3.29	2.37	1.93	1.79
Filing Date Shares Outstanding	888.89	888.89	888.89	888.89	888.89	888.89
Total Common Shares Outstanding	888.89	888.89	888.89	888.89	888.89	888.89
Working Capital	857.47	601.87	320.19	98.38	-62.72	-282.73
Book Value Per Share	5.43	5.26	4.99	4.67	4.40	4.09
Tangible Book Value	4,266	4,094	3,804	3,492	3,375	3,117
Tangible Book Value Per Share	4.80	4.61	4.28	3.93	3.80	3.51
Buildings	-	502.54	490.41	467.33	480.27	484.79
Machinery	-	370.93	366.99	413.93	291.21	278.69
Construction In Progress	-	295.75	264.1	483.21	482.53	449.07

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