SHA:600269 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	4,108	2,793	2,696	2,305	1,693	2,781
Short-Term Investments	-	123.91	63.38	1,108	1,272	908.45
Trading Asset Securities	1,239	1,461	1,337	1,076	719.81	1,011
Cash & Short-Term Investments	5,348	4,378	4,097	4,489	3,685	4,700
Cash Growth	32.56%	6.87%	-8.74%	21.82%	-21.59%	-0.69%
Accounts Receivable	913.67	1,150	1,152	1,562	1,282	1,032
Other Receivables	26.1	80.76	62.55	114.88	54.45	56.6
Receivables	939.77	1,230	1,215	1,677	1,337	1,089
Inventory	2,030	1,974	2,446	2,409	3,115	2,859
Prepaid Expenses	-	43.88	55.87	45.07	107.37	91.21
Other Current Assets	753.07	519.75	444.65	286.79	403.12	160.51
Total Current Assets	9,070	8,147	8,258	8,906	8,647	8,900
Property, Plant & Equipment	27,066	26,038	25,233	23,767	23,314	23,659
Long-Term Investments	2,704	2,713	2,650	1,734	1,831	1,891
Goodwill	3.61	3.61	3.61	3.61	3.61	3.61
Other Intangible Assets	113.1	115.51	124.97	134.35	143.72	153.78
Long-Term Deferred Tax Assets	397.39	375.54	359.57	385.54	337.75	264.41
Long-Term Deferred Charges	58.38	56.72	7.62	8.58	10.79	16.43
Other Long-Term Assets	171.47	265.49	562.86	929.79	327.23	175.45
Total Assets	39,584	37,714	37,199	35,869	34,615	35,063
Accounts Payable	2,405	1,971	1,834	2,067	1,980	1,424
Accrued Expenses	131.53	199.48	210.03	257.23	170.38	115.14
Short-Term Debt	-	2,900	4,301	3,701	10.01	1,500
Current Portion of Long-Term Debt	318.64	262.7	763.48	3,803	3,774	1,204
Current Portion of Leases	-	17.75	23.82	7.56	12.44	10.6
Current Income Taxes Payable	290.08	295.52	142.47	165.19	176.88	143.25
Current Unearned Revenue	252.94	235.33	483.22	559.13	1,145	1,447
Other Current Liabilities	4,161	281.42	348.39	391.25	496.02	390.89
Total Current Liabilities	7,559	6,163	8,107	10,951	7,765	6,235
Long-Term Debt	6,831	9,049	7,533	4,429	7,217	10,039
Long-Term Leases	29.52	34.3	27.11	52.28	44.16	55.7
Long-Term Unearned Revenue	785.27	748.74	726.42	750.6	768.99	467.35
Long-Term Deferred Tax Liabilities	217.19	278.55	212.12	123.36	85.95	117.31
Other Long-Term Liabilities	2,462	26.96	26.75	38.01	21.07	17.85
Total Liabilities	17,884	16,301	16,633	16,345	15,902	16,932
Common Stock	2,335	2,335	2,335	2,335	2,335	2,335
Additional Paid-In Capital	1,844	1,844	1,844	1,811	1,812	1,812
Retained Earnings	15,595	15,320	14,438	13,511	12,568	12,120
Comprehensive Income & Other	-26.9	0.41	44.25	2.54	115.88	22.88
Total Common Equity	19,748	19,500	18,661	17,660	16,830	16,289
Minority Interest	1,953	1,913	1,905	1,865	1,882	1,841
Shareholders' Equity	21,701	21,413	20,566	19,524	18,712	18,131
Total Liabilities & Equity	39,584	37,714	37,199	35,869	34,615	35,063
Total Debt	7,179	12,264	12,649	11,993	11,057	12,810
Net Cash (Debt)	-1,831	-7,886	-8,552	-7,505	-7,373	-8,110
Net Cash Per Share	-0.79	-3.39	-3.68	-3.19	-3.18	-3.45
Filing Date Shares Outstanding	2,291	2,335	2,335	2,335	2,335	2,335
Total Common Shares Outstanding	2,291	2,335	2,335	2,335	2,335	2,335
Working Capital	1,511	1,983	150.77	-2,045	881.75	2,664
Book Value Per Share	8.62	8.35	7.99	7.56	7.21	6.98
Tangible Book Value	19,631	19,381	18,533	17,522	16,683	16,132
Tangible Book Value Per Share	8.57	8.30	7.94	7.50	7.14	6.91
Buildings	-	2,652	2,657	2,407	2,139	2,153
Machinery	-	2,583	2,357	2,384	2,599	2,569
Construction In Progress	-	5,514	3,889	2,464	845.47	116.12

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