SHA:600195 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	1,573	1,873	1,091	1,493	875.16	1,230
Trading Asset Securities	324.13	351.47	-	-	-	-
Cash & Short-Term Investments	1,897	2,225	1,091	1,493	875.16	1,230
Cash Growth	128.18%	103.84%	-26.89%	70.59%	-28.85%	-8.78%
Accounts Receivable	1,074	787.93	1,352	1,091	1,153	633.92
Other Receivables	191.15	30.55	30.64	55.79	28.15	34.36
Receivables	1,265	818.48	1,383	1,147	1,181	668.28
Inventory	1,098	942.65	934.84	1,094	1,062	879.09
Other Current Assets	465.87	312.21	110.96	86	169.6	62.53
Total Current Assets	4,726	4,298	3,520	3,820	3,288	2,840
Property, Plant & Equipment	3,108	3,144	3,529	3,317	2,940	2,746
Long-Term Investments	1,122	1,120	895.45	826.41	840.63	962.77
Goodwill	42.3	42.3	42.3	42.3	-	-
Other Intangible Assets	505.96	514.62	646.46	689.24	668.01	659.9
Long-Term Deferred Tax Assets	31	30.81	33.42	41.43	55.8	61.5
Long-Term Deferred Charges	146.17	145.4	132.06	134.54	77.06	99.94
Other Long-Term Assets	40.69	50.69	44.85	75.01	67.31	66.44
Total Assets	9,722	9,345	8,844	8,946	7,937	7,437
Accounts Payable	1,061	947.93	670.62	416.88	388.22	413.48
Accrued Expenses	124.35	145.84	117.2	173.52	120.01	327.88
Short-Term Debt	620.91	489.3	369.06	473.34	301.94	147.72
Current Portion of Long-Term Debt	-	279.5	6.33	4.89	4.4	-
Current Portion of Leases	-	3.73	4.51	1.4	-	-
Current Income Taxes Payable	-	13.46	12.56	11.12	44.89	16.28
Current Unearned Revenue	146.61	154.46	175.06	171.65	157.12	157.78
Other Current Liabilities	779.96	411.97	275.11	185.46	414.21	288.14
Total Current Liabilities	2,733	2,446	1,630	1,438	1,431	1,351
Long-Term Debt	349.46	299.63	661.04	899.03	34.22	78.22
Long-Term Leases	5.26	1.07	4.48	2.22	1.19	5.81
Long-Term Unearned Revenue	16.93	17.3	20.63	22.14	21.67	51.33
Long-Term Deferred Tax Liabilities	17.76	17.56	18.73	24.08	16.81	17.17
Other Long-Term Liabilities	3.42	3.55	9.21	19.83	91.2	58.94
Total Liabilities	3,126	2,785	2,345	2,406	1,596	1,563
Common Stock	1,021	1,021	1,021	1,021	1,021	1,016
Additional Paid-In Capital	569.62	569.62	554.58	554.58	567.9	540.9
Retained Earnings	4,041	4,017	3,869	3,920	3,701	3,305
Comprehensive Income & Other	58.65	62.97	60.05	25.05	6.15	52.01
Total Common Equity	5,691	5,671	5,505	5,521	5,296	4,913
Minority Interest	905.68	889.37	994.41	1,020	1,046	960.37
Shareholders' Equity	6,596	6,560	6,499	6,541	6,342	5,874
Total Liabilities & Equity	9,722	9,345	8,844	8,946	7,937	7,437
Total Debt	975.63	1,073	1,045	1,381	341.75	231.75
Net Cash (Debt)	921.11	1,152	46.06	112.07	533.42	998.28
Net Cash Growth	-	2400.32%	-58.90%	-78.99%	-46.57%	-13.90%
Net Cash Per Share	0.90	1.13	0.05	0.11	0.52	0.98
Filing Date Shares Outstanding	1,020	1,021	1,021	1,021	1,021	1,016
Total Common Shares Outstanding	1,020	1,021	1,021	1,021	1,021	1,016
Working Capital	1,993	1,852	1,890	2,382	1,858	1,489
Book Value Per Share	5.58	5.55	5.39	5.41	5.19	4.84
Tangible Book Value	5,142	5,114	4,816	4,789	4,628	4,254
Tangible Book Value Per Share	5.04	5.01	4.72	4.69	4.53	4.19
Buildings	-	2,458	2,478	2,314	1,972	1,823
Machinery	-	2,468	2,918	2,557	2,409	2,193
Construction In Progress	-	54.72	225.84	330.24	260.81	275.72

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