SHA:600158 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	1,631	2,060	2,098	2,412	2,827	1,899
Trading Asset Securities	40	73.13	-	-	-	-
Cash & Short-Term Investments	1,671	2,133	2,098	2,412	2,827	1,899
Cash Growth	-10.14%	1.70%	-13.02%	-14.69%	48.90%	-8.04%
Accounts Receivable	239.58	209.32	285.27	363.86	220.17	263.85
Other Receivables	507.39	586.82	721.57	704.72	596.24	324.08
Receivables	746.96	796.13	1,007	1,069	816.42	587.93
Inventory	1,284	1,193	1,334	1,611	1,856	1,551
Prepaid Expenses	-	-	3.17	4.39	73.82	4.78
Other Current Assets	147.41	137.56	115.25	189.55	257.76	227.08
Total Current Assets	3,849	4,260	4,557	5,285	5,831	4,269
Property, Plant & Equipment	305.05	323.28	348.75	419.51	454.81	415.26
Long-Term Investments	301.21	295.05	317.99	323.32	331.18	326.56
Goodwill	28.72	28.72	36.29	36.29	36.29	36.29
Other Intangible Assets	17.57	18.4	20.42	22.83	29.31	19.83
Long-Term Deferred Tax Assets	167.48	165.99	142.31	132	160.08	90.02
Long-Term Deferred Charges	75.51	78.35	75.6	74.81	35.21	31.95
Other Long-Term Assets	399.36	407.36	463.74	349.41	371.58	387.01
Total Assets	5,144	5,577	5,962	6,643	7,249	5,576
Accounts Payable	398.27	447.63	453.89	483.2	319.8	376.9
Accrued Expenses	90.18	128.23	150.37	257.17	95.05	117.93
Short-Term Debt	32	54	30	30	30	-
Current Portion of Long-Term Debt	56.63	62.4	24	40.11	129.8	20
Current Portion of Leases	-	-	20.66	25.84	31.16	18.07
Current Income Taxes Payable	51.2	56.86	46.84	213.28	37.95	9.09
Current Unearned Revenue	711.49	736.79	677.09	864.61	2,309	440.69
Other Current Liabilities	491.48	744.38	781.04	819.03	622.94	461.62
Total Current Liabilities	1,831	2,230	2,184	2,733	3,576	1,444
Long-Term Debt	81	81	96	120	161.26	507.06
Long-Term Leases	31.66	32.69	25.57	59.85	74.34	45.89
Long-Term Unearned Revenue	0.45	0.45	0.51	0.88	1.47	0.9
Long-Term Deferred Tax Liabilities	18.54	20.12	17.3	27.31	35.6	13.69
Other Long-Term Liabilities	31.04	32.55	48.52	51.56	22.98	24.21
Total Liabilities	1,994	2,397	2,372	2,993	3,872	2,036
Common Stock	959.51	959.51	959.51	959.51	959.51	959.51
Additional Paid-In Capital	94.57	94.57	-	-	94.51	92.98
Retained Earnings	1,331	1,337	1,570	1,529	1,461	1,468
Comprehensive Income & Other	14.51	14.51	109.08	109.08	14.51	14.51
Total Common Equity	2,400	2,405	2,638	2,597	2,529	2,535
Minority Interest	750.36	774.46	952.45	1,053	848.29	1,006
Shareholders' Equity	3,150	3,180	3,591	3,650	3,378	3,540
Total Liabilities & Equity	5,144	5,577	5,962	6,643	7,249	5,576
Total Debt	201.29	230.09	196.22	275.8	426.56	591.02
Net Cash (Debt)	1,470	1,903	1,902	2,136	2,401	1,308
Net Cash Growth	-11.77%	0.09%	-10.97%	-11.02%	83.57%	-25.02%
Net Cash Per Share	1.53	1.98	1.98	2.23	2.50	1.36
Filing Date Shares Outstanding	955.46	964.83	959.51	959.51	959.51	959.51
Total Common Shares Outstanding	955.46	964.83	959.51	959.51	959.51	959.51
Working Capital	2,018	2,030	2,373	2,552	2,255	2,825
Book Value Per Share	2.51	2.49	2.75	2.71	2.64	2.64
Tangible Book Value	2,353	2,358	2,581	2,538	2,464	2,478
Tangible Book Value Per Share	2.46	2.44	2.69	2.65	2.57	2.58
Buildings	-	-	591.63	582.47	566.7	569.49
Machinery	-	-	588.1	543.56	460.59	480.8
Construction In Progress	-	-	2.39	43.4	116.77	61.66

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