SHA:603611 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	947.58	1,164	1,160	1,304	1,003	674.18
Trading Asset Securities	855.18	251.5	62.41	37.89	228.28	440.06
Cash & Short-Term Investments	1,803	1,416	1,223	1,342	1,231	1,114
Cash Growth	46.94%	15.79%	-8.89%	9.03%	10.47%	35.26%
Accounts Receivable	2,167	1,966	1,892	2,138	1,947	1,081
Other Receivables	109.11	112.08	107.32	103.6	80.25	47.21
Receivables	2,276	2,078	1,999	2,242	2,027	1,128
Inventory	2,474	2,906	3,593	3,362	2,305	1,642
Prepaid Expenses	-	3.49	4.9	4.55	1.3	-
Other Current Assets	309.6	266.93	224.88	224.31	221.07	127.53
Total Current Assets	6,863	6,670	7,044	7,175	5,785	4,012
Property, Plant & Equipment	1,246	810.08	726.52	688.46	675.79	572.79
Long-Term Investments	245.83	207.42	238.73	238.79	232.59	138.11
Goodwill	586.49	586.49	634.73	634.73	672.93	672.93
Other Intangible Assets	429.45	444.07	359.06	188.54	193.48	192.76
Long-Term Deferred Tax Assets	89.38	78.87	65.87	63	65.85	57.4
Long-Term Deferred Charges	22.72	24.7	28.12	14.72	14.53	10.35
Other Long-Term Assets	23.99	3.6	1.27	1.27	1.27	1.27
Total Assets	9,506	8,825	9,099	9,004	7,641	5,658
Accounts Payable	2,293	2,306	2,403	2,535	1,962	1,161
Accrued Expenses	183.41	238.68	267.48	275.18	273.6	247.41
Short-Term Debt	783.36	663.09	632.31	414.12	412.09	518.9
Current Portion of Long-Term Debt	285.34	97.59	431.19	-	-	-
Current Portion of Leases	-	30.53	37.03	34.73	48.08	-
Current Income Taxes Payable	103.78	31.83	31.71	24.15	16.86	23.04
Current Unearned Revenue	1,688	1,790	2,192	2,646	1,980	1,310
Other Current Liabilities	146.51	158.28	76.19	69.36	197.7	56.82
Total Current Liabilities	5,483	5,315	6,071	5,999	4,890	3,317
Long-Term Debt	273.14	295.97	48.74	399.37	418.79	276.63
Long-Term Leases	348.94	74.66	88.2	81.45	64.54	-
Long-Term Unearned Revenue	165.23	118.35	88.85	69.62	73.24	71.56
Pension & Post-Retirement Benefits	44.71	37.48	41.22	32.56	42.21	46.39
Long-Term Deferred Tax Liabilities	17.55	6.49	9.92	17.15	11.9	9.85
Other Long-Term Liabilities	-	-	61.29	36.35	38.71	27.01
Total Liabilities	6,333	5,848	6,409	6,635	5,540	3,748
Common Stock	257.6	257.6	257.6	267.18	267.18	267.18
Additional Paid-In Capital	529.64	522.21	527.55	686.14	690.74	698.01
Retained Earnings	2,344	2,179	1,877	1,561	1,300	1,078
Treasury Stock	-	-	-	-169.6	-169.6	-169.6
Comprehensive Income & Other	9.18	-19.01	3.7	3.02	-24.88	-5.29
Total Common Equity	3,140	2,939	2,666	2,348	2,064	1,868
Minority Interest	33.5	37.36	23.63	21.3	37.63	41.55
Shareholders' Equity	3,174	2,977	2,689	2,369	2,102	1,909
Total Liabilities & Equity	9,506	8,825	9,099	9,004	7,641	5,658
Total Debt	1,691	1,162	1,237	929.67	943.5	795.53
Net Cash (Debt)	111.99	254.07	-14.67	412.42	287.46	318.71
Net Cash Growth	-	-	-	43.47%	-9.81%	1.81%
Net Cash Per Share	0.43	0.98	-0.06	1.60	1.12	1.20
Filing Date Shares Outstanding	257.6	257.6	257.6	257.6	257.6	257.6
Total Common Shares Outstanding	257.6	257.6	257.6	257.6	257.6	257.6
Working Capital	1,380	1,355	973.41	1,176	894.48	695.18
Book Value Per Share	12.19	11.41	10.35	9.11	8.01	7.25
Tangible Book Value	2,124	1,909	1,672	1,524	1,197	1,002
Tangible Book Value Per Share	8.25	7.41	6.49	5.92	4.65	3.89
Buildings	-	534.43	548.74	528.94	513.44	516.64
Machinery	-	506.06	480.22	537.79	503.35	502.71
Construction In Progress	-	185.81	77.05	25.79	17.39	14.27

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