SHA:600050 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	37,856	48,044	55,847	59,959	71,233	47,031
Short-Term Investments	-	17,777	5,429	21,604	16,078	25,603
Trading Asset Securities	3,025	2,805	2,526	2,608	2,955	3,287
Cash & Short-Term Investments	40,881	68,625	63,802	84,170	90,265	75,921
Cash Growth	-19.53%	7.56%	-24.20%	-6.75%	18.89%	26.54%
Accounts Receivable	79,355	66,644	59,158	41,242	28,556	20,338
Other Receivables	4,361	1,162	1,264	773.12	874.47	785.72
Receivables	83,717	72,708	65,425	46,619	34,035	31,535
Inventory	3,540	2,431	2,463	2,217	1,882	1,846
Other Current Assets	44,000	25,237	27,118	25,023	20,087	16,950
Total Current Assets	172,137	169,001	158,808	158,028	146,269	126,252
Property, Plant & Equipment	369,175	373,992	388,649	396,197	399,529	376,029
Long-Term Investments	81,237	79,575	76,805	60,078	55,160	52,131
Other Intangible Assets	29,803	30,801	30,908	31,232	29,846	27,173
Long-Term Accounts Receivable	1,112	1,722	966.77	937.91	676.37	71.63
Long-Term Deferred Tax Assets	1,714	1,541	1,256	816.68	469.03	271.32
Long-Term Deferred Charges	5,814	13,240	14,558	14,539	11,887	9,146
Other Long-Term Assets	9,206	1,185	887.19	1,016	850.43	2,210
Total Assets	670,198	671,056	672,837	662,845	644,687	593,284
Accounts Payable	173,314	115,382	121,469	120,469	106,935	91,146
Accrued Expenses	8,241	45,516	46,922	46,033	45,800	42,261
Short-Term Debt	1,020	965.58	710.65	680.63	5,527	7,260
Current Portion of Long-Term Debt	12,375	589.1	727.07	355.15	368.2	3,414
Current Portion of Leases	-	12,469	13,419	12,640	12,495	12,144
Current Income Taxes Payable	3,328	464.93	919.72	1,879	892.88	434.6
Current Unearned Revenue	41,985	47,018	46,765	46,212	44,731	45,716
Other Current Liabilities	16,920	39,363	35,048	32,017	31,234	32,763
Total Current Liabilities	257,183	261,769	265,980	260,286	247,984	235,138
Long-Term Debt	4,708	3,928	2,128	2,133	1,828	1,835
Long-Term Leases	14,934	16,135	24,222	30,617	36,429	10,415
Long-Term Unearned Revenue	7,945	8,025	8,229	9,212	7,832	6,951
Pension & Post-Retirement Benefits	-	129.04	136.41	113.54	104.17	94.7
Long-Term Deferred Tax Liabilities	3,176	3,772	2,380	1,722	2,120	1,637
Other Long-Term Liabilities	968.35	798.18	974.16	826.16	1,115	1,004
Total Liabilities	288,915	294,555	304,048	304,910	297,413	257,074
Common Stock	31,264	31,264	31,801	31,804	31,804	30,991
Additional Paid-In Capital	80,954	80,939	82,513	82,197	81,824	80,443
Retained Earnings	63,021	60,884	57,175	52,785	48,439	44,350
Treasury Stock	-1,234	-1,234	-3,495	-4,284	-4,298	-3,083
Comprehensive Income & Other	-3,301	-3,262	-3,147	-3,262	-3,400	-3,485
Total Common Equity	170,704	168,591	164,847	159,241	154,370	149,217
Minority Interest	210,579	207,910	203,942	198,695	192,904	186,993
Shareholders' Equity	381,283	376,501	368,788	357,935	347,274	336,210
Total Liabilities & Equity	670,198	671,056	672,837	662,845	644,687	593,284
Total Debt	33,037	34,086	41,206	46,426	56,647	35,068
Net Cash (Debt)	7,844	34,539	22,596	37,744	33,618	40,853
Net Cash Growth	-33.85%	52.85%	-40.13%	12.27%	-17.71%	136.35%
Net Cash Per Share	0.25	1.12	0.74	1.24	1.11	1.35
Filing Date Shares Outstanding	31,264	31,264	31,801	31,804	31,804	30,991
Total Common Shares Outstanding	31,264	31,264	31,801	31,804	31,804	30,991
Working Capital	-85,045	-92,768	-107,172	-102,257	-101,715	-108,886
Book Value Per Share	5.46	5.39	5.18	5.01	4.85	4.81
Tangible Book Value	140,901	137,791	133,938	128,008	124,525	122,044
Tangible Book Value Per Share	4.51	4.41	4.21	4.02	3.92	3.94
Buildings	-	92,259	86,698	81,453	79,754	78,649
Machinery	-	941,483	910,026	865,806	851,295	854,539
Construction In Progress	-	30,484	36,217	47,155	45,715	41,192

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