SHA:600039 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	22,351	26,233	20,776	21,721	31,440	19,206
Trading Asset Securities	20.26	25.97	19.25	17.88	20.52	27.66
Cash & Short-Term Investments	22,371	26,259	20,795	21,739	31,461	19,234
Cash Growth	14.14%	26.27%	-4.34%	-30.90%	63.57%	34.42%
Accounts Receivable	126,088	131,325	110,511	99,194	77,708	52,585
Other Receivables	3,493	3,429	3,454	3,893	3,417	3,170
Receivables	129,581	134,754	113,965	103,086	81,125	55,755
Inventory	5,491	5,703	5,949	5,386	4,929	4,910
Prepaid Expenses	-	1,274	1,194	1,134	1,276	302.08
Other Current Assets	20,184	15,431	15,340	14,743	12,467	8,683
Total Current Assets	177,627	183,421	157,243	146,088	131,258	88,884
Property, Plant & Equipment	4,659	4,664	4,079	18,301	6,341	3,953
Long-Term Investments	21,403	26,424	24,083	21,335	25,532	24,027
Goodwill	-	-	-	-	24.65	24.65
Other Intangible Assets	31,026	30,964	31,783	33,636	32,201	30,536
Long-Term Accounts Receivable	-	19,014	19,505	16,725	8,049	4,803
Long-Term Deferred Tax Assets	820.33	819.32	660.27	635.72	529.38	435.09
Long-Term Deferred Charges	840.26	749	708.62	860.96	798.23	683.02
Other Long-Term Assets	25,027	1,618	1,711	3,332	3,594	2,209
Total Assets	261,403	267,674	239,773	240,915	208,328	155,554
Accounts Payable	84,112	93,237	81,192	76,932	64,227	43,751
Accrued Expenses	1,781	15,882	13,685	13,915	11,474	7,127
Short-Term Debt	1,066	942.83	1,891	4,172	5,934	2,395
Current Portion of Long-Term Debt	10,400	9,533	11,681	9,937	4,026	7,141
Current Portion of Leases	-	29.73	39.03	70.87	15.56	2.19
Current Income Taxes Payable	945.91	654.3	437.86	667.73	1,476	607.63
Current Unearned Revenue	9,045	8,013	6,225	5,141	10,309	6,214
Other Current Liabilities	30,046	16,353	15,902	13,468	11,019	9,985
Total Current Liabilities	137,396	144,644	131,053	124,303	108,481	77,222
Long-Term Debt	64,575	65,175	56,380	64,014	52,253	43,033
Long-Term Leases	61.24	72.69	118.76	182.34	151.04	150.38
Long-Term Unearned Revenue	358.8	375.07	319.1	360.63	346.62	322.52
Long-Term Deferred Tax Liabilities	507.45	466.1	421.53	523.97	408.72	344.84
Other Long-Term Liabilities	1,299	1,062	820.47	780.85	688.55	533.45
Total Liabilities	204,197	211,795	189,114	190,165	162,329	121,606
Common Stock	8,696	8,696	8,712	8,716	6,226	5,827
Additional Paid-In Capital	5,423	5,418	5,561	5,558	8,315	7,008
Retained Earnings	37,405	35,916	32,240	29,857	26,286	16,719
Treasury Stock	-107.5	-112.6	-99.14	-178.93	-213.54	-104.19
Comprehensive Income & Other	2,706	2,901	1,422	1,175	1,179	910.7
Total Common Equity	54,122	52,817	47,837	45,127	41,793	30,360
Minority Interest	3,083	3,061	2,823	5,624	4,206	3,588
Shareholders' Equity	57,206	55,878	50,660	50,750	45,999	33,948
Total Liabilities & Equity	261,403	267,674	239,773	240,915	208,328	155,554
Total Debt	76,102	75,753	70,111	78,376	62,380	52,721
Net Cash (Debt)	-53,731	-49,494	-49,315	-56,637	-30,919	-33,487
Net Cash Per Share	-6.20	-5.70	-5.68	-6.54	-3.86	-4.10
Filing Date Shares Outstanding	8,796	8,684	8,712	8,716	8,717	6,686
Total Common Shares Outstanding	8,796	8,684	8,712	8,716	8,717	6,686
Working Capital	40,231	38,776	26,190	21,785	22,777	11,662
Book Value Per Share	6.15	5.94	5.49	5.18	4.79	4.54
Tangible Book Value	23,097	21,853	16,054	11,490	9,567	-200.04
Tangible Book Value Per Share	2.63	2.38	1.84	1.32	1.10	-0.03
Buildings	-	1,171	983.97	13,124	2,334	2,631
Machinery	-	3,460	3,318	5,733	4,164	2,745
Construction In Progress	-	1,870	1,341	4,685	2,464	711.99
Order Backlog	-	335,001	-	-	-	-

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