SHA:600248 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	22,759	35,370	29,520	31,208	28,311	22,343
Short-Term Investments	-	10	5	7.5	24.63	23.57
Trading Asset Securities	1.32	1.32	71.29	202.21	352.54	239.11
Cash & Short-Term Investments	22,760	35,382	29,596	31,418	28,688	22,606
Cash Growth	-5.70%	19.55%	-5.80%	9.51%	26.91%	10.02%
Accounts Receivable	242,886	248,627	264,019	255,695	224,625	173,239
Other Receivables	8,761	8,692	10,062	8,900	9,784	8,253
Receivables	251,647	257,319	274,082	264,595	234,408	181,491
Inventory	2,465	2,300	2,666	2,755	2,877	3,029
Prepaid Expenses	-	58.39	46.91	24.16	1.85	19.31
Other Current Assets	4,084	4,044	5,141	4,947	4,454	3,626
Total Current Assets	280,956	299,103	311,532	303,738	270,429	210,771
Property, Plant & Equipment	6,030	5,851	4,794	4,280	4,478	4,425
Long-Term Investments	7,234	7,109	7,113	8,545	7,348	1,775
Goodwill	22	22	25.02	25.02	26.54	23.47
Other Intangible Assets	5,411	5,479	5,586	5,355	5,363	1,398
Long-Term Accounts Receivable	-	733.06	849.98	1,081	372.86	42.77
Long-Term Deferred Tax Assets	5,918	5,826	4,995	4,003	3,098	2,272
Long-Term Deferred Charges	540.93	548.23	572	590.51	499.84	421.76
Other Long-Term Assets	25,677	25,062	17,724	19,078	17,244	16,793
Total Assets	331,789	349,733	353,192	346,696	308,859	237,924
Accounts Payable	166,571	177,017	196,610	197,766	181,396	141,300
Accrued Expenses	1,704	4,156	3,588	3,324	3,192	2,548
Short-Term Debt	18,788	32,573	22,250	17,213	12,228	9,156
Current Portion of Long-Term Debt	8,249	9,101	9,868	4,846	5,653	2,750
Current Portion of Leases	-	32.82	52.08	56.29	23.12	25.81
Current Income Taxes Payable	2,970	1,297	1,450	1,484	1,334	1,192
Current Unearned Revenue	24,254	26,197	23,418	21,935	22,068	15,695
Other Current Liabilities	38,264	29,843	30,408	36,810	29,057	24,251
Total Current Liabilities	260,801	280,217	287,645	283,433	254,952	196,917
Long-Term Debt	30,357	29,431	23,291	23,275	17,010	15,318
Long-Term Leases	133.31	121.66	147.86	121.38	74.56	122.54
Long-Term Unearned Revenue	223.81	230.56	136.53	137.5	110.15	97.31
Pension & Post-Retirement Benefits	-	709.96	722.33	754.79	765.92	760.76
Long-Term Deferred Tax Liabilities	44.68	43.12	49.04	46.72	33.85	35.7
Other Long-Term Liabilities	3,860	1,541	1,229	1,432	1,221	1,153
Total Liabilities	295,420	312,294	313,222	309,201	274,168	214,405
Common Stock	3,740	3,740	3,768	3,769	3,689	3,689
Additional Paid-In Capital	5,764	5,569	2,530	2,005	1,883	2,779
Retained Earnings	16,496	16,337	16,801	14,805	11,452	8,459
Treasury Stock	-48.77	-48.77	-155.83	-174.4	-	-
Comprehensive Income & Other	7,474	7,562	8,089	4,761	6,478	4,092
Total Common Equity	33,425	33,160	31,032	25,165	23,502	19,020
Minority Interest	2,945	4,279	8,938	12,330	11,189	4,499
Shareholders' Equity	36,370	37,439	39,970	37,495	34,691	23,519
Total Liabilities & Equity	331,789	349,733	353,192	346,696	308,859	237,924
Total Debt	57,527	71,260	55,610	45,512	34,989	27,372
Net Cash (Debt)	-34,767	-35,878	-26,014	-14,094	-6,300	-4,766
Net Cash Per Share	-9.34	-9.66	-6.97	-3.58	-1.62	-1.34
Filing Date Shares Outstanding	3,710	3,740	3,768	3,769	3,689	3,689
Total Common Shares Outstanding	3,710	3,740	3,768	3,769	3,689	3,689
Working Capital	20,156	18,886	23,887	20,305	15,477	13,854
Book Value Per Share	9.01	7.36	6.54	5.83	4.98	4.37
Tangible Book Value	27,992	27,659	25,421	19,785	18,113	17,598
Tangible Book Value Per Share	7.54	5.89	5.05	4.40	3.52	3.99
Land	-	1.48	1.48	1.79	2.06	3.13
Buildings	-	4,386	4,117	3,944	3,175	2,891
Machinery	-	3,031	2,646	2,341	2,088	1,972
Construction In Progress	-	1,240	519.82	91.46	1,099	1,176
Order Backlog	-	390,161	-	-	-	-

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