Baoshan Iron & Steel 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	21,765	19,158	26,152	25,966	24,150	20,046
Short-Term Investments	-	20,362	29,265	24,586	35,563	13,258
Trading Asset Securities	10.44	10.72	7.34	7.73	2,775	3,519
Cash & Short-Term Investments	21,775	39,531	55,425	50,560	62,488	36,823
Cash Growth	-8.59%	-28.68%	9.62%	-19.09%	69.70%	9.75%
Accounts Receivable	32,236	33,247	32,626	34,483	38,769	38,748
Other Receivables	892.42	885.55	1,390	863.21	1,391	2,026
Receivables	33,129	34,132	34,015	35,346	55,764	53,902
Inventory	40,869	37,212	38,188	44,716	46,010	49,490
Other Current Assets	26,079	7,515	6,068	6,012	10,627	9,140
Total Current Assets	121,851	118,390	133,696	136,635	174,889	149,355
Property, Plant & Equipment	165,935	165,966	166,174	169,763	167,474	165,059
Long-Term Investments	58,999	58,927	44,742	50,066	32,452	44,661
Goodwill	588.63	609.02	561.28	559.13	529.99	516.42
Other Intangible Assets	11,318	11,443	11,678	11,921	12,080	12,082
Long-Term Accounts Receivable	-	340.84	7.11	-	627.75	695.22
Long-Term Deferred Tax Assets	3,412	3,504	3,212	2,794	3,859	3,337
Long-Term Deferred Charges	2,056	2,114	2,238	2,338	2,268	2,027
Other Long-Term Assets	2,002	1,578	2,384	1,760	3,020	1,695
Total Assets	366,163	363,020	364,874	376,051	398,249	380,398
Accounts Payable	53,107	38,367	37,355	47,934	44,794	44,991
Accrued Expenses	1,345	4,980	5,146	5,161	5,961	6,054
Short-Term Debt	7,418	8,280	8,414	3,658	5,430	11,867
Current Portion of Long-Term Debt	24,226	21,429	15,672	9,226	9,359	10,482
Current Portion of Leases	-	474.5	452.54	835.96	620.18	849.44
Current Income Taxes Payable	1,382	754.52	492.32	362.04	497.97	1,020
Current Unearned Revenue	27,628	28,023	24,318	23,336	25,124	23,578
Other Current Liabilities	10,952	17,331	19,153	23,448	52,202	38,561
Total Current Liabilities	126,057	119,639	111,002	113,961	143,988	137,404
Long-Term Debt	4,324	9,841	24,238	31,649	27,073	22,773
Long-Term Leases	5,133	5,381	5,475	5,694	5,349	4,716
Long-Term Unearned Revenue	1,529	1,558	1,901	1,640	1,396	1,266
Pension & Post-Retirement Benefits	-	183.05	171.43	155.12	125.09	-
Long-Term Deferred Tax Liabilities	193.78	182.32	262.5	413.55	1,438	1,373
Other Long-Term Liabilities	1,282	1,046	1,660	2,401	3,003	2,146
Total Liabilities	138,519	137,830	144,710	155,914	182,373	169,677
Common Stock	21,782	21,782	21,985	22,120	22,268	22,268
Additional Paid-In Capital	-	-	-	49,679	50,194	51,028
Retained Earnings	141,361	139,137	133,199	132,433	125,070	122,410
Treasury Stock	-2,492	-2,492	-3,600	-3,387	-2,445	-3,822
Comprehensive Income & Other	47,676	47,739	48,963	-519.12	-463.87	-951.44
Total Common Equity	208,327	206,165	200,548	200,325	194,623	190,934
Minority Interest	19,316	19,025	19,615	19,812	21,253	19,787
Shareholders' Equity	227,643	225,190	220,164	220,138	215,876	210,721
Total Liabilities & Equity	366,163	363,020	364,874	376,051	398,249	380,398
Total Debt	41,101	45,405	54,250	51,063	47,831	50,687
Net Cash (Debt)	-19,326	-5,874	1,175	-502.44	14,656	-13,864
Net Cash Per Share	-0.90	-0.27	0.05	-0.02	0.67	-0.63
Filing Date Shares Outstanding	22,245	21,377	21,504	21,767	21,894	22,268
Total Common Shares Outstanding	22,245	21,377	21,858	21,767	21,891	22,268
Working Capital	-4,206	-1,248	22,694	22,674	30,901	11,951
Book Value Per Share	9.36	9.64	9.18	9.20	8.89	8.57
Tangible Book Value	196,420	194,113	188,309	187,845	182,013	178,335
Tangible Book Value Per Share	8.83	9.08	8.62	8.63	8.31	8.01
Buildings	-	103,504	102,021	98,686	97,071	93,046
Machinery	-	363,949	356,854	350,137	347,924	335,675
Construction In Progress	-	13,701	11,191	13,290	13,751	13,781

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