SHA:605577 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	2,115	2,238	2,207	1,721	1,714	1,178
Short-Term Investments	-	-	-	-	0.21	-
Trading Asset Securities	735.79	536.36	423.06	560	300	348
Cash & Short-Term Investments	2,851	2,774	2,630	2,281	2,014	1,526
Cash Growth	14.09%	5.47%	15.32%	13.22%	32.01%	17.54%
Accounts Receivable	420.2	73.29	106.23	191.01	127.68	132.97
Other Receivables	28.74	65.71	41.48	22.19	28.44	19.7
Receivables	448.94	139	147.71	213.2	156.12	152.66
Inventory	187.99	193.88	242.32	220.71	232.77	224.21
Prepaid Expenses	-	4.33	3.04	3.34	5.01	1.25
Other Current Assets	28.1	19.93	27.94	18.41	18.56	23.14
Total Current Assets	3,516	3,131	3,051	2,736	2,427	1,927
Property, Plant & Equipment	2,238	2,283	2,121	2,027	1,975	1,978
Long-Term Investments	7.54	7.76	7.22	6.5	6.63	6.85
Other Intangible Assets	246.92	253.03	269.81	263.77	272.93	281.06
Long-Term Deferred Tax Assets	0.06	0.07	48.81	0.06	0.06	0.07
Long-Term Deferred Charges	6.94	7.18	9.56	4.13	5.46	7.53
Other Long-Term Assets	1.56	1.96	1.69	0.71	1.35	2.36
Total Assets	6,017	5,684	5,509	5,038	4,688	4,203
Accounts Payable	585.95	320.43	337.63	378.92	281.67	288.05
Accrued Expenses	97.72	139.23	164.6	127.46	115.27	122.39
Current Portion of Leases	-	-	-	-	0.09	-
Current Income Taxes Payable	7.78	0.35	0.36	0.35	0.35	0.37
Current Unearned Revenue	192.81	230.8	335.44	264.13	279.53	253
Other Current Liabilities	37.2	107.83	96.86	89.52	47.96	39.65
Total Current Liabilities	921.47	798.64	934.89	860.38	724.88	703.46
Long-Term Debt	-	-	0.42	-	-	-
Long-Term Unearned Revenue	48.16	53.26	97.48	70.48	82.95	91.65
Pension & Post-Retirement Benefits	-	1,089	925.18	663.63	882.79	977.99
Long-Term Deferred Tax Liabilities	-	-	0.25	-	-	-
Other Long-Term Liabilities	1,072	23.79	20.84	21.85	26.4	34.5
Total Liabilities	2,042	1,965	1,979	1,616	1,717	1,808
Common Stock	444.44	444.44	444.44	444.44	444.44	400
Additional Paid-In Capital	1,334	1,334	1,236	1,178	1,178	993.9
Retained Earnings	2,290	2,063	1,897	1,725	1,291	865.97
Comprehensive Income & Other	-94.21	-121.73	-3.03	74.52	56.81	135.68
Total Common Equity	3,975	3,720	3,574	3,422	2,971	2,396
Minority Interest	-	-	-43.49	-	-	-
Shareholders' Equity	3,975	3,720	3,530	3,422	2,971	2,396
Total Liabilities & Equity	6,017	5,684	5,509	5,038	4,688	4,203
Total Debt	-	-	0.42	-	0.09	-
Net Cash (Debt)	2,851	2,774	2,630	2,281	2,014	1,526
Net Cash Growth	14.09%	5.49%	15.30%	13.23%	32.01%	17.54%
Net Cash Per Share	6.41	6.24	5.92	5.13	4.86	3.81
Filing Date Shares Outstanding	444.44	444.44	444.44	444.44	444.44	400
Total Common Shares Outstanding	444.44	444.44	444.44	444.44	444.44	400
Working Capital	2,594	2,332	2,116	1,876	1,702	1,224
Book Value Per Share	8.94	8.37	8.04	7.70	6.68	5.99
Tangible Book Value	3,728	3,467	3,304	3,158	2,698	2,114
Tangible Book Value Per Share	8.39	7.80	7.43	7.11	6.07	5.29
Buildings	-	2,405	2,243	2,127	2,126	2,122
Machinery	-	205.01	157.61	154.88	151.71	148.09
Construction In Progress	-	298.71	301.03	226.7	115.9	61.15

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