SHA:600170 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	84,357	102,321	103,501	98,205	88,645	84,153
Trading Asset Securities	1,164	1,358	1,783	1,478	1,614	2,264
Cash & Short-Term Investments	85,521	103,679	105,284	99,683	90,259	86,417
Cash Growth	4.35%	-1.52%	5.62%	10.44%	4.45%	6.46%
Accounts Receivable	90,120	97,837	112,149	109,362	112,439	104,275
Other Receivables	7,805	9,504	10,714	10,435	9,878	8,053
Receivables	97,925	107,340	122,863	119,797	122,317	112,328
Inventory	47,696	58,410	59,916	60,297	64,849	69,748
Prepaid Expenses	-	2,477	2,132	2,159	-	1,693
Other Current Assets	7,421	2,678	3,081	5,040	4,772	5,425
Total Current Assets	238,563	274,584	293,277	286,975	282,197	275,610
Property, Plant & Equipment	14,591	14,322	15,610	14,651	12,773	12,275
Long-Term Investments	13,258	14,599	15,384	17,034	12,972	11,187
Goodwill	420.72	404.27	461.64	443.01	467.57	525.39
Other Intangible Assets	3,857	3,931	4,149	4,137	3,967	2,763
Long-Term Accounts Receivable	-	27,343	26,066	32,532	27,493	26,771
Long-Term Deferred Tax Assets	2,492	2,519	2,216	1,949	1,611	1,201
Long-Term Deferred Charges	370.96	393.95	439.18	489.08	497.83	513.46
Other Long-Term Assets	58,034	31,983	29,269	23,868	24,826	22,921
Total Assets	331,586	370,079	386,871	382,078	366,804	353,766
Accounts Payable	142,132	170,945	188,909	177,996	170,271	157,361
Accrued Expenses	542.25	4,201	3,971	4,337	5,350	5,352
Short-Term Debt	15,911	12,559	11,065	9,657	9,988	8,604
Current Portion of Long-Term Debt	7,858	7,133	19,973	10,646	10,546	13,480
Current Portion of Leases	-	780.3	803.55	614.77	655.66	626.49
Current Income Taxes Payable	3,127	748.55	1,070	1,130	1,187	1,690
Current Unearned Revenue	28,181	38,002	32,968	35,597	30,019	36,544
Other Current Liabilities	22,060	22,733	22,133	25,127	20,436	17,844
Total Current Liabilities	219,812	257,102	280,892	265,105	248,452	241,502
Long-Term Debt	57,379	57,682	49,943	61,747	62,774	56,380
Long-Term Leases	2,039	2,292	2,928	2,752	2,420	2,058
Long-Term Unearned Revenue	165.37	169.65	217.67	217.58	138.27	122.8
Pension & Post-Retirement Benefits	-	-	-	-	224.82	245.68
Long-Term Deferred Tax Liabilities	285.27	290.41	366.15	432.73	455.66	605.35
Other Long-Term Liabilities	637.15	771.41	641.66	614.58	1,259	1,285
Total Liabilities	280,317	318,308	334,988	330,868	315,724	302,199
Common Stock	8,886	8,886	8,886	8,886	8,904	8,904
Additional Paid-In Capital	2,752	2,752	2,745	2,746	2,791	2,882
Retained Earnings	20,036	20,166	20,065	18,986	18,432	18,854
Treasury Stock	-	-	-	-	-63.7	-63.7
Comprehensive Income & Other	18,734	18,663	14,366	10,431	10,391	10,385
Total Common Equity	50,408	50,467	46,062	41,049	40,455	40,962
Minority Interest	860.48	1,304	5,821	10,160	10,625	10,605
Shareholders' Equity	51,269	51,771	51,883	51,209	51,080	51,567
Total Liabilities & Equity	331,586	370,079	386,871	382,078	366,804	353,766
Total Debt	83,187	80,447	84,712	85,416	86,384	81,148
Net Cash (Debt)	2,334	23,232	20,572	14,267	3,875	5,269
Net Cash Growth	-	12.93%	44.20%	268.18%	-26.45%	955.04%
Net Cash Per Share	0.26	2.61	1.71	1.10	0.29	0.50
Filing Date Shares Outstanding	8,886	8,886	8,886	8,886	8,886	8,886
Total Common Shares Outstanding	8,886	8,886	8,886	8,886	8,886	8,886
Working Capital	18,751	17,482	12,385	21,871	33,745	34,108
Book Value Per Share	3.52	3.55	3.53	3.43	3.37	3.43
Tangible Book Value	46,130	46,132	41,451	36,469	36,021	37,674
Tangible Book Value Per Share	3.04	3.06	3.02	2.91	2.87	3.06
Buildings	-	11,669	10,965	10,351	8,425	8,162
Machinery	-	7,998	7,856	7,438	7,250	6,464
Construction In Progress	-	976.61	1,465	1,186	1,073	1,276
Order Backlog	-	333,456	-	-	-	-

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