SHA:600073 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	2,989	3,623	3,456	3,619	3,857	3,516
Short-Term Investments	-	167.71	516.72	-	-	-
Trading Asset Securities	-	17.71	-	-	-	-
Cash & Short-Term Investments	2,989	3,808	3,973	3,619	3,857	3,516
Cash Growth	6.70%	-4.15%	9.78%	-6.17%	9.70%	-5.32%
Accounts Receivable	2,000	1,785	1,675	1,546	1,847	1,587
Other Receivables	128.14	327.04	290.14	378.05	323.09	351.82
Receivables	2,128	2,112	1,965	1,924	2,170	1,938
Inventory	2,958	2,891	2,585	2,993	2,986	3,132
Other Current Assets	864.45	146.85	245.64	461.61	414.57	267.01
Total Current Assets	8,940	8,958	8,769	8,998	9,428	8,854
Property, Plant & Equipment	4,166	4,294	4,870	5,259	4,965	5,085
Long-Term Investments	470.37	873.62	612.37	428.96	384.7	376.76
Goodwill	109.5	109.5	109.5	109.5	109.5	158.08
Other Intangible Assets	184.94	188.99	161.17	162.72	164.41	162.96
Long-Term Deferred Tax Assets	48.94	49.25	89.3	52.66	42.24	53.35
Long-Term Deferred Charges	78.9	82.26	151.23	160.23	145.67	133.82
Other Long-Term Assets	512.32	100.98	122.82	149.38	137.58	152.96
Total Assets	14,510	14,657	14,885	15,320	15,378	14,977
Accounts Payable	2,063	1,923	2,155	2,178	1,544	1,294
Accrued Expenses	275.13	1,071	901.06	930.94	1,152	915.88
Short-Term Debt	3,624	3,706	2,937	2,485	1,836	2,446
Current Portion of Long-Term Debt	103.47	33.62	123.79	627.71	256.85	151.73
Current Portion of Leases	-	101.68	137.5	147.7	81.88	59.93
Current Income Taxes Payable	89.12	59.21	51.03	97.58	305.5	193.28
Current Unearned Revenue	266.22	276.12	411.73	624.75	985.46	929.04
Other Current Liabilities	1,361	666.56	914.8	833.19	833.84	722.8
Total Current Liabilities	7,782	7,838	7,632	7,925	6,996	6,712
Long-Term Debt	119.16	119.16	57.16	200.18	790.28	561.16
Long-Term Leases	469.67	468.3	377.06	361.16	333.5	401.08
Long-Term Unearned Revenue	8.01	8.01	7.79	5.15	6.69	437.54
Long-Term Deferred Tax Liabilities	2.09	13.17	3.12	3.12	41.61	49.47
Other Long-Term Liabilities	124.1	124.81	94.39	71.62	74.26	112.26
Total Liabilities	8,505	8,571	8,171	8,566	8,243	8,274
Common Stock	937.73	937.73	937.73	937.73	937.73	937.73
Additional Paid-In Capital	1,768	1,768	1,767	1,816	1,816	1,816
Retained Earnings	2,259	2,210	2,408	2,260	2,202	1,793
Comprehensive Income & Other	-273.28	-223.26	-216.7	-64.64	-109.98	-148.71
Total Common Equity	4,692	4,693	4,895	4,949	4,846	4,398
Minority Interest	1,313	1,393	1,818	1,805	2,289	2,305
Shareholders' Equity	6,005	6,086	6,714	6,755	7,135	6,703
Total Liabilities & Equity	14,510	14,657	14,885	15,320	15,378	14,977
Total Debt	4,316	4,429	3,632	3,821	3,299	3,620
Net Cash (Debt)	-1,328	-620.75	340.93	-202.2	558.33	-103.75
Net Cash Per Share	-1.38	-0.66	0.36	-0.22	0.60	-0.11
Filing Date Shares Outstanding	992.27	937.73	937.73	937.73	937.73	937.73
Total Common Shares Outstanding	992.27	937.73	937.73	937.73	937.73	937.73
Working Capital	1,157	1,121	1,137	1,073	2,432	2,141
Book Value Per Share	4.73	5.00	5.22	5.28	5.17	4.69
Tangible Book Value	4,398	4,394	4,625	4,677	4,572	4,077
Tangible Book Value Per Share	4.43	4.69	4.93	4.99	4.88	4.35
Buildings	-	2,894	3,242	3,211	3,110	3,284
Machinery	-	3,422	4,208	4,080	3,853	3,741
Construction In Progress	-	227.4	375.7	852.16	600.59	482

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