SHA:600161 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	1,892	1,991	2,686	4,555	3,713	4,330
Cash & Short-Term Investments	1,892	1,991	2,686	4,555	3,713	4,330
Cash Growth	-17.06%	-25.86%	-41.04%	22.68%	-14.25%	147.68%
Accounts Receivable	2,266	2,202	1,121	94.13	1,173	1,027
Other Receivables	9.76	7.6	13.45	39.08	28.36	22.27
Receivables	2,276	2,209	1,134	133.21	1,201	1,050
Inventory	4,148	4,022	3,869	2,844	2,332	2,144
Other Current Assets	37.99	49.58	33.4	36.53	24.87	22.27
Total Current Assets	8,353	8,272	7,722	7,569	7,271	7,546
Property, Plant & Equipment	5,905	5,906	5,848	4,886	4,055	2,631
Long-Term Investments	141.05	143.2	143.2	146.06	146.06	146.06
Goodwill	572.15	572.15	572.15	173.92	173.92	127.93
Other Intangible Assets	862.98	880.47	917.05	686.88	441.63	370.99
Long-Term Deferred Tax Assets	57.59	56.43	41.77	46.74	60.63	67.01
Long-Term Deferred Charges	675.19	655.09	507.82	470.26	552.69	362.46
Other Long-Term Assets	108.47	97.76	117.66	208.66	228.88	326.85
Total Assets	16,675	16,583	15,870	14,188	12,929	11,578
Accounts Payable	92.89	81.36	81.45	179.1	69.39	73.7
Accrued Expenses	89.56	153.87	170.46	168.69	163.21	150.02
Short-Term Debt	4.5	77.12	-	-	-	-
Current Portion of Long-Term Debt	16.36	-	-	-	112.99	108.15
Current Portion of Leases	-	15.69	8.96	17.95	10.82	16.51
Current Income Taxes Payable	167.31	79.51	148.21	61.85	73.79	44.86
Current Unearned Revenue	172.91	177.89	213.19	357.26	292.72	215.31
Other Current Liabilities	403.76	449.21	498.07	494.78	434.44	201.03
Total Current Liabilities	947.3	1,035	1,120	1,280	1,157	809.58
Long-Term Debt	-	-	-	-	253.75	366.25
Long-Term Leases	70.94	68.01	44.86	24.42	25.62	18.01
Long-Term Unearned Revenue	96.83	98.66	107.44	99.56	101.9	92.69
Long-Term Deferred Tax Liabilities	62.15	64.22	62.44	28.85	30.87	20.14
Other Long-Term Liabilities	1.24	1.24	1.24	1.24	4.1	4.1
Total Liabilities	1,178	1,267	1,336	1,434	1,574	1,311
Common Stock	1,977	1,977	1,977	1,648	1,648	1,373
Additional Paid-In Capital	2,463	2,463	2,463	2,793	2,793	3,067
Retained Earnings	7,422	7,295	6,698	5,382	4,355	3,612
Comprehensive Income & Other	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1
Total Common Equity	11,863	11,735	11,139	9,823	8,795	8,052
Minority Interest	3,634	3,581	3,394	2,932	2,560	2,215
Shareholders' Equity	15,497	15,316	14,533	12,754	11,356	10,267
Total Liabilities & Equity	16,675	16,583	15,870	14,188	12,929	11,578
Total Debt	91.8	160.82	53.82	42.37	403.17	508.92
Net Cash (Debt)	1,800	1,830	2,632	4,513	3,310	3,821
Net Cash Growth	-16.34%	-30.46%	-41.68%	36.34%	-13.38%	303.40%
Net Cash Per Share	0.90	0.92	1.33	2.28	1.66	1.97
Filing Date Shares Outstanding	2,098	1,977	1,977	1,977	1,977	1,977
Total Common Shares Outstanding	2,098	1,977	1,977	1,977	1,977	1,977
Working Capital	7,406	7,238	6,602	6,290	6,113	6,736
Book Value Per Share	5.65	5.93	5.63	4.97	4.45	4.07
Tangible Book Value	10,428	10,283	9,650	8,962	8,180	7,553
Tangible Book Value Per Share	4.97	5.20	4.88	4.53	4.14	3.82
Buildings	-	2,963	2,711	2,241	1,957	963.02
Machinery	-	3,122	2,760	2,218	1,996	1,258
Construction In Progress	-	2,177	2,478	2,044	1,532	1,623

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