SHA:600178 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	1,086	1,990	1,329	1,137	2,147	2,164
Trading Asset Securities	-	-	-	-	1.66	24.79
Cash & Short-Term Investments	1,086	1,990	1,329	1,137	2,148	2,189
Cash Growth	-11.13%	49.70%	16.89%	-47.06%	-1.86%	-9.47%
Accounts Receivable	2,088	1,800	1,895	2,559	1,617	2,726
Other Receivables	50.11	27.1	6.41	30.35	46.78	24.04
Receivables	2,138	1,827	1,902	2,590	1,663	2,750
Inventory	1,047	841.6	670.51	576.78	731.8	859.07
Other Current Assets	157.85	115.99	126.25	87.31	48.11	63.98
Total Current Assets	4,430	4,775	4,028	4,391	4,592	5,862
Property, Plant & Equipment	1,970	1,994	2,047	2,011	1,386	1,495
Long-Term Investments	13.59	13.36	22.21	580.9	564.65	546.04
Goodwill	56.96	56.96	56.96	56.96	-	-
Other Intangible Assets	489.29	526.81	363.08	283.23	357.78	411.98
Long-Term Deferred Tax Assets	31.44	31.44	31.44	38.2	38.23	40.94
Long-Term Deferred Charges	580.98	543.94	658.18	631.61	436.04	303.69
Other Long-Term Assets	42.47	43.13	28.48	51.29	145.23	55.75
Total Assets	7,614	7,984	7,236	8,045	7,520	8,715
Accounts Payable	3,013	3,116	2,554	2,877	2,795	3,824
Accrued Expenses	131.45	128.29	164.8	181.58	196.95	257.54
Short-Term Debt	240	347.55	155.9	382.92	240.11	340.22
Current Portion of Long-Term Debt	79	65.93	10.02	-	-	-
Current Income Taxes Payable	1.28	-	-	-	-	-
Current Unearned Revenue	78.18	75.62	125.15	193.83	65.83	76.24
Other Current Liabilities	415.26	594.78	577.81	792.2	784.75	398.19
Total Current Liabilities	3,958	4,328	3,588	4,428	4,082	4,896
Long-Term Debt	16.13	-	14.63	-	-	-
Long-Term Leases	-	-	1.72	-	-	-
Long-Term Unearned Revenue	95.49	93.56	83.97	79.34	74.94	89.22
Long-Term Deferred Tax Liabilities	-	-	-	6.82	6.82	3.49
Other Long-Term Liabilities	36.06	36.06	33.44	36.68	32.12	33.42
Total Liabilities	4,106	4,457	3,721	4,550	4,196	5,023
Common Stock	466.48	466.48	470.92	475.49	475.78	462.08
Additional Paid-In Capital	825.91	824.35	837.11	853.29	847.76	799.52
Retained Earnings	1,224	1,244	1,232	1,229	1,249	1,168
Treasury Stock	-	-	-16.18	-48.84	-51.39	-
Comprehensive Income & Other	23.16	21.38	22.3	19.52	15.05	13.99
Total Common Equity	2,539	2,556	2,547	2,529	2,537	2,444
Minority Interest	968.89	970.48	967.76	965.59	786.68	1,249
Shareholders' Equity	3,508	3,526	3,514	3,494	3,323	3,693
Total Liabilities & Equity	7,614	7,984	7,236	8,045	7,520	8,715
Total Debt	335.13	413.47	182.26	382.92	240.11	340.22
Net Cash (Debt)	751.14	1,577	1,147	754.36	1,908	1,849
Net Cash Growth	-31.16%	37.44%	52.07%	-60.47%	3.21%	-8.39%
Net Cash Per Share	1.61	3.36	2.42	1.58	4.04	4.00
Filing Date Shares Outstanding	466.14	466.48	470.92	475.49	461.66	462.08
Total Common Shares Outstanding	466.14	466.48	470.92	475.49	461.66	462.08
Working Capital	471.33	446.77	440.53	-36.39	509.05	965.9
Book Value Per Share	5.45	5.48	5.41	5.32	5.49	5.29
Tangible Book Value	1,993	1,972	2,127	2,188	2,179	2,032
Tangible Book Value Per Share	4.28	4.23	4.52	4.60	4.72	4.40
Buildings	-	835.27	766.24	803.36	667.09	732.7
Machinery	-	5,170	5,341	4,696	4,555	4,625
Construction In Progress	-	374.34	227.74	632.64	118.35	46.59

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