SHA:600031 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	33,167	38,451	20,383	18,072	21,343	14,812
Short-Term Investments	-	2,916	5,359	4,921	3,670	6,034
Trading Asset Securities	19,840	15,736	11,062	10,849	14,817	14,773
Cash & Short-Term Investments	53,007	57,103	36,805	33,842	39,829	35,619
Cash Growth	62.35%	55.15%	8.76%	-15.03%	11.82%	6.17%
Accounts Receivable	27,908	36,018	35,307	33,180	32,103	27,050
Other Receivables	2,731	2,805	2,943	3,011	2,858	2,173
Receivables	30,830	40,203	40,839	40,409	41,513	35,872
Inventory	23,329	22,527	19,948	19,768	19,738	18,463
Prepaid Expenses	-	41.12	96.36	133.54	256.97	38.72
Other Current Assets	19,324	4,424	3,817	3,482	4,428	3,727
Total Current Assets	126,490	124,298	101,505	97,634	105,765	93,719
Property, Plant & Equipment	22,638	23,136	24,233	25,600	24,214	20,894
Long-Term Investments	3,501	3,455	3,318	3,683	3,912	4,111
Goodwill	39.26	40.77	48.01	49.66	47.5	46.5
Other Intangible Assets	4,102	4,235	4,615	4,832	4,438	3,881
Long-Term Accounts Receivable	12,403	12,795	12,864	12,595	11,944	8,037
Long-Term Deferred Tax Assets	4,112	3,982	3,577	3,070	2,499	1,599
Long-Term Deferred Charges	473.27	480.55	419.71	472.55	552.01	540.48
Other Long-Term Assets	299.52	250.26	279.49	228.61	441.94	428.61
Total Assets	174,465	173,299	152,145	151,203	158,921	138,557
Accounts Payable	38,799	36,064	28,654	22,693	28,907	28,560
Accrued Expenses	2,755	8,467	7,910	7,822	8,347	7,197
Short-Term Debt	11,238	13,926	12,895	11,225	16,639	13,735
Current Portion of Long-Term Debt	3,502	3,049	3,739	1,563	1,930	2,376
Current Portion of Leases	-	273.72	217.77	253.5	153.72	59.33
Current Income Taxes Payable	1,771	1,251	738.53	663.3	665.08	797.34
Current Unearned Revenue	2,743	2,958	2,521	2,178	1,897	1,766
Other Current Liabilities	10,951	5,867	6,995	8,030	9,174	6,942
Total Current Liabilities	71,759	71,856	63,669	54,427	67,712	61,432
Long-Term Debt	6,952	7,853	11,556	23,556	21,625	9,603
Long-Term Leases	715.38	771.24	541.63	565.99	308.07	122.44
Long-Term Unearned Revenue	2,397	2,404	2,355	2,395	2,138	1,381
Pension & Post-Retirement Benefits	-	48.2	33.62	37.8	37.1	56.67
Long-Term Deferred Tax Liabilities	776.46	778.34	792.25	825.35	734.74	577.47
Other Long-Term Liabilities	158.62	156.43	195.35	234.86	272.8	288.41
Total Liabilities	82,758	83,868	79,143	82,041	92,828	73,461
Common Stock	9,195	9,195	8,475	8,486	8,493	8,493
Additional Paid-In Capital	18,620	18,467	5,172	5,250	5,438	5,144
Retained Earnings	65,688	63,207	60,412	56,092	52,986	52,486
Treasury Stock	-796.11	-796.11	-142.63	-215.65	-301.17	-619.68
Comprehensive Income & Other	-2,132	-1,742	-1,993	-1,583	-1,565	-1,812
Total Common Equity	90,575	88,331	71,924	68,029	65,051	63,691
Minority Interest	1,131	1,100	1,078	1,133	1,043	1,404
Shareholders' Equity	91,707	89,431	73,002	69,162	66,094	65,095
Total Liabilities & Equity	174,465	173,299	152,145	151,203	158,921	138,557
Total Debt	22,407	25,873	28,949	37,163	40,656	25,896
Net Cash (Debt)	30,600	31,230	7,856	-3,321	-826.9	9,724
Net Cash Growth	268.54%	297.53%	-	-	-	-34.06%
Net Cash Per Share	-	3.65	0.93	-0.39	-0.10	1.15
Filing Date Shares Outstanding	-	8,881	8,481	8,450	8,487	8,444
Total Common Shares Outstanding	-	8,881	8,481	8,450	8,487	8,444
Working Capital	54,731	52,441	37,836	43,207	38,053	32,287
Book Value Per Share	-	9.95	8.48	8.05	7.67	7.54
Tangible Book Value	86,434	84,055	67,261	63,147	60,565	59,763
Tangible Book Value Per Share	-	9.46	7.93	7.47	7.14	7.08
Buildings	-	17,835	17,325	17,284	14,874	12,568
Machinery	-	23,341	22,801	21,784	19,078	13,989
Construction In Progress	-	1,022	1,140	1,367	4,001	7,418

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