SHA:600010 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	8,089	8,790	14,088	9,268	11,141	11,145
Short-Term Investments	326.61	1,132	731.96	-	-	-
Trading Asset Securities	19.78	20.95	23.21	19.35	16.26	15.97
Cash & Short-Term Investments	8,435	9,943	14,843	9,287	11,157	11,161
Cash Growth	20.05%	-33.02%	59.83%	-16.76%	-0.03%	27.85%
Accounts Receivable	11,487	10,365	9,622	11,769	8,075	9,426
Other Receivables	198.57	407.99	610.86	612.22	680.54	657.87
Receivables	11,685	10,773	10,233	12,382	8,756	10,084
Inventory	13,767	14,089	14,780	16,507	17,418	19,452
Other Current Assets	2,599	1,498	1,244	874.38	950.64	916.11
Total Current Assets	36,487	36,302	41,101	39,050	38,282	41,613
Property, Plant & Equipment	65,857	108,851	107,119	107,121	102,661	100,691
Long-Term Investments	3,146	3,137	3,353	1,915	1,496	1,366
Other Intangible Assets	2,105	2,137	2,259	2,425	2,552	2,679
Long-Term Deferred Tax Assets	519.3	474.87	461.92	477.77	382.4	334.08
Long-Term Deferred Charges	561.43	572.93	610.44	639.5	662.39	610.01
Other Long-Term Assets	42,996	198.35	221.51	147.88	694.96	674.97
Total Assets	151,672	151,673	155,125	151,776	146,730	147,968
Accounts Payable	22,190	24,084	25,922	27,520	30,576	30,551
Accrued Expenses	214.86	888.74	888.33	667.32	1,144	840.72
Short-Term Debt	19,704	19,010	23,001	20,986	12,558	14,065
Current Portion of Long-Term Debt	9,315	11,825	15,090	14,148	10,835	3,078
Current Portion of Leases	-	457.09	42.58	0.77	1,288	2,569
Current Income Taxes Payable	636.25	21.85	28.87	387.44	184.67	129.41
Current Unearned Revenue	3,544	3,676	3,989	4,141	4,433	6,492
Other Current Liabilities	-	2,403	1,927	2,323	6,786	8,792
Total Current Liabilities	55,604	62,366	70,889	70,173	67,803	66,518
Long-Term Debt	34,085	26,788	21,749	18,865	16,834	15,379
Long-Term Leases	-	-	19.4	19.3	137.35	1,235
Long-Term Unearned Revenue	861.98	872.52	891.39	914.25	373.11	411.36
Long-Term Deferred Tax Liabilities	4.34	4.33	3.85	7.91	1.87	0.7
Other Long-Term Liabilities	190.26	190.26	266.88	332.65	178.03	221.58
Total Liabilities	90,746	90,221	93,820	90,312	85,327	83,765
Common Stock	45,289	45,289	45,405	45,405	45,585	45,585
Additional Paid-In Capital	166.95	166.95	167.24	167.15	167.15	825.12
Retained Earnings	5,957	6,420	6,220	5,944	6,590	8,816
Treasury Stock	-138.49	-110.01	-199.02	-	-200	-200
Comprehensive Income & Other	323.48	279.24	320.56	303.55	293.86	239.94
Total Common Equity	51,598	52,045	51,913	51,820	52,436	55,266
Minority Interest	9,328	9,408	9,393	9,643	8,966	8,937
Shareholders' Equity	60,926	61,453	61,306	61,463	61,403	64,203
Total Liabilities & Equity	151,672	151,673	155,125	151,776	146,730	147,968
Total Debt	63,104	58,079	59,902	54,018	41,651	36,326
Net Cash (Debt)	-54,669	-48,137	-45,059	-44,731	-30,495	-25,165
Net Cash Per Share	-1.21	-1.07	-0.99	-0.98	-0.68	-0.55
Filing Date Shares Outstanding	45,231	43,249	45,289	45,405	45,405	45,405
Total Common Shares Outstanding	45,231	43,249	45,289	45,405	45,405	45,405
Working Capital	-19,117	-26,064	-29,788	-31,123	-29,521	-24,905
Book Value Per Share	1.14	1.20	1.15	1.14	1.15	1.22
Tangible Book Value	49,493	49,908	49,654	49,396	49,885	52,587
Tangible Book Value Per Share	1.09	1.15	1.10	1.09	1.10	1.16
Buildings	-	-	-	37,966	36,057	34,874
Machinery	-	93,308	90,572	89,126	81,689	79,010
Construction In Progress	-	1,643	1,230	1,207	1,576	1,046

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