SHA:603228 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	2,832	2,184	2,288	1,486	1,122	2,020
Short-Term Investments	-	-	-	-	-	29
Trading Asset Securities	165.37	312	250	22.4	334.8	1,068
Cash & Short-Term Investments	2,997	2,496	2,538	1,508	1,456	3,117
Cash Growth	7.94%	-1.66%	68.28%	3.55%	-53.28%	80.81%
Accounts Receivable	5,822	5,032	4,736	4,439	4,093	3,083
Other Receivables	67.41	49.78	51.75	32.52	45.02	54.1
Receivables	5,890	5,082	4,788	4,471	4,138	3,137
Inventory	2,285	1,742	1,364	1,376	1,444	877.53
Prepaid Expenses	-	0.02	0.08	0.07	-	-
Other Current Assets	167.14	132.29	37.28	51.47	66.27	67.62
Total Current Assets	11,339	9,452	8,727	7,406	7,104	7,200
Property, Plant & Equipment	9,791	8,259	7,490	7,286	5,969	3,890
Long-Term Investments	125.43	143.42	99.86	13	10	6
Other Intangible Assets	301.52	302.41	272.91	268.94	251.3	244.55
Long-Term Deferred Tax Assets	327.66	283.27	224.34	159.61	134.19	82.03
Long-Term Deferred Charges	158.13	129.94	103.51	93.9	66.83	17.67
Other Long-Term Assets	716.15	673.72	313.01	263.91	805.81	665.64
Total Assets	22,758	19,244	17,231	15,492	14,342	12,106
Accounts Payable	6,520	4,853	3,913	3,857	4,283	2,862
Accrued Expenses	270.16	409.93	397.81	343.19	294.04	227.22
Short-Term Debt	380.22	125.33	3.36	195.05	32.12	44.62
Current Portion of Long-Term Debt	115.29	247.94	316.35	0.69	9.77	-
Current Portion of Leases	-	11.02	18.21	14.96	15.59	-
Current Income Taxes Payable	142.77	55.95	68.58	36.43	46.17	44.25
Current Unearned Revenue	13.27	5.79	8	2.49	3.11	3.04
Other Current Liabilities	213.41	255.4	106.75	241.1	328.62	438.8
Total Current Liabilities	7,655	5,964	4,832	4,691	5,012	3,619
Long-Term Debt	1,593	1,312	3,057	2,169	1,534	1,482
Long-Term Leases	13.91	3.57	8.32	17.68	4.47	-
Long-Term Unearned Revenue	371.13	325.54	228.46	169.9	160.54	160.97
Long-Term Deferred Tax Liabilities	165.37	140.79	134.38	152.75	149.27	86.51
Total Liabilities	9,798	7,746	8,261	7,201	6,861	5,349
Common Stock	984.78	932.53	841.87	847.25	851.67	853.48
Additional Paid-In Capital	5,232	3,888	1,770	1,832	1,912	1,928
Retained Earnings	6,626	6,425	5,677	5,165	4,353	3,673
Treasury Stock	-85.09	-112.04	-	-81.64	-149.03	-216.34
Comprehensive Income & Other	5.89	179.56	488.03	310.3	310.3	310.32
Total Common Equity	12,764	11,314	8,777	8,072	7,278	6,549
Minority Interest	196.6	184.03	192.85	218.07	202.77	207.41
Shareholders' Equity	12,960	11,498	8,970	8,290	7,481	6,757
Total Liabilities & Equity	22,758	19,244	17,231	15,492	14,342	12,106
Total Debt	2,102	1,700	3,404	2,398	1,596	1,526
Net Cash (Debt)	895.07	795.86	-865.71	-889.76	-139.77	1,591
Net Cash Growth	6.01%	-	-	-	-	-2.56%
Net Cash Per Share	0.98	0.91	-1.03	-1.06	-0.17	1.90
Filing Date Shares Outstanding	984.78	932.53	841.87	847.25	851.67	853.48
Total Common Shares Outstanding	984.78	932.53	841.87	847.25	851.67	853.48
Working Capital	3,684	3,488	3,895	2,715	2,092	3,580
Book Value Per Share	12.96	12.13	10.43	9.53	8.55	7.67
Tangible Book Value	12,462	11,011	8,504	7,803	7,027	6,305
Tangible Book Value Per Share	12.65	11.81	10.10	9.21	8.25	7.39
Buildings	-	3,020	2,760	2,411	2,030	1,060
Machinery	-	7,869	7,028	6,717	5,143	3,343
Construction In Progress	-	784.96	483.33	276.17	438.27	814.75

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