SHA:600266 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	10,120	8,508	9,892	13,689	13,928	14,155
Trading Asset Securities	2,799	3,251	2,887	2,413	2,509	3,251
Cash & Short-Term Investments	12,920	11,759	12,779	16,102	16,438	17,406
Cash Growth	-20.02%	-7.98%	-20.63%	-2.04%	-5.56%	14.48%
Accounts Receivable	1,227	1,237	2,251	317.39	317.89	58.06
Other Receivables	4,826	4,508	6,075	7,674	4,108	6,746
Receivables	6,053	5,745	8,326	7,992	4,426	6,804
Inventory	61,129	62,345	77,595	91,220	95,838	91,301
Prepaid Expenses	-	789.05	845.87	-	-	1,967
Other Current Assets	4,038	3,184	3,516	4,857	4,363	3,900
Total Current Assets	84,139	83,823	103,062	120,170	121,064	121,378
Property, Plant & Equipment	509.85	579.84	616.99	670.13	704.65	735.61
Long-Term Investments	5,617	5,702	5,206	4,233	4,045	4,916
Long-Term Deferred Tax Assets	3,280	3,266	3,466	3,274	2,811	2,487
Long-Term Deferred Charges	3.24	72.89	108.52	129.44	151.71	175.21
Other Long-Term Assets	9,703	9,691	9,770	9,954	9,989	9,602
Total Assets	103,252	103,135	122,229	138,431	138,766	139,295
Accounts Payable	14,750	6,799	6,694	7,729	7,104	5,140
Accrued Expenses	28.84	5,723	4,640	4,960	491.67	932.38
Short-Term Debt	-	-	-	-	-	1,428
Current Portion of Long-Term Debt	7,408	4,497	7,209	8,631	5,956	10,903
Current Portion of Leases	-	65.04	50.92	56.83	31.25	42.36
Current Income Taxes Payable	770.21	479.01	286.99	253.16	155.09	540.32
Current Unearned Revenue	7,630	13,695	30,670	36,364	27,254	17,018
Other Current Liabilities	10,764	11,124	12,878	14,185	18,406	22,171
Total Current Liabilities	41,351	42,381	62,428	72,179	59,398	58,174
Long-Term Debt	34,250	33,720	33,298	37,682	49,917	50,339
Long-Term Leases	13.61	72.14	88.31	97.92	87.64	87.76
Long-Term Unearned Revenue	54.57	54.57	78.79	94.06	95.68	95.68
Long-Term Deferred Tax Liabilities	1,924	2,041	1,912	1,798	1,777	1,981
Other Long-Term Liabilities	655.52	1.52	4.23	1.69	11.72	-
Total Liabilities	78,249	78,271	97,809	111,852	111,287	110,677
Common Stock	2,076	2,076	2,076	2,257	2,257	2,257
Additional Paid-In Capital	2,331	-	-	3,239	3,312	3,329
Retained Earnings	12,705	12,574	13,286	14,640	14,524	15,892
Treasury Stock	-	-	-	-1,002	-1,002	-1,002
Comprehensive Income & Other	3,465	5,796	6,884	4,468	5,129	5,131
Total Common Equity	20,576	20,446	22,245	23,602	24,219	25,607
Minority Interest	4,427	4,418	2,175	2,976	3,260	3,011
Shareholders' Equity	25,004	24,864	24,420	26,578	27,479	28,617
Total Liabilities & Equity	103,252	103,135	122,229	138,431	138,766	139,295
Total Debt	41,672	38,354	40,646	46,468	55,992	62,800
Net Cash (Debt)	-28,752	-26,595	-27,867	-30,366	-39,554	-45,394
Net Cash Per Share	-11.01	-12.71	-16.19	-8.47	-23.88	-21.49
Filing Date Shares Outstanding	2,612	2,076	2,076	2,076	2,076	2,076
Total Common Shares Outstanding	2,612	2,076	2,076	2,076	2,076	2,076
Working Capital	42,788	41,442	40,633	47,991	61,667	63,204
Book Value Per Share	7.88	8.74	9.13	9.78	9.75	10.42
Tangible Book Value	20,576	20,446	22,245	23,602	24,219	25,607
Tangible Book Value Per Share	7.88	8.74	9.13	9.78	9.75	10.42
Buildings	-	670.47	670.09	675.37	716.65	701.34
Machinery	-	21.04	21.42	22.73	25.14	27.86

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