SHA:600273 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	1,237	1,113	816.67	890.49	1,835	1,615
Short-Term Investments	-	-	32.18	35.43	153.45	-
Trading Asset Securities	-	-	2.17	-	-	-
Cash & Short-Term Investments	1,237	1,113	851.02	925.92	1,989	1,615
Cash Growth	26.00%	30.76%	-8.09%	-53.44%	23.17%	69.54%
Accounts Receivable	1,833	1,688	1,705	1,687	1,432	1,247
Other Receivables	3.15	31.74	10.79	7.58	6.51	5.77
Receivables	1,836	1,720	1,716	1,694	1,438	1,252
Inventory	1,096	682.27	793.62	785.97	798.72	1,088
Other Current Assets	294.67	299.68	135.34	105.86	91.45	152.06
Total Current Assets	4,463	3,815	3,496	3,512	4,317	4,107
Property, Plant & Equipment	7,801	7,937	7,810	6,590	6,636	6,740
Long-Term Investments	251.16	255.51	248.24	220.02	216.93	123.5
Goodwill	488.83	486.32	503.43	503.43	486.32	485.71
Other Intangible Assets	495.04	486.08	484.61	504.16	388.34	399.64
Long-Term Deferred Tax Assets	120.08	112.18	113.7	69.14	41.94	41.35
Long-Term Deferred Charges	117.94	130.34	69.56	55.17	50.93	55.17
Other Long-Term Assets	105.49	104.06	396.18	314.69	133.75	83.5
Total Assets	13,843	13,326	13,122	11,768	12,271	12,035
Accounts Payable	878.34	419.89	739.02	604.22	1,460	1,651
Accrued Expenses	21.54	69.72	69.73	57.92	66.47	127.72
Short-Term Debt	530.37	509.94	719.53	543.91	261.58	237.59
Current Portion of Long-Term Debt	314.6	213.17	0.43	3.84	-	-
Current Portion of Leases	-	4.75	4.68	7.51	6.72	4.81
Current Income Taxes Payable	18.72	38.73	58.76	41.14	33.22	101
Current Unearned Revenue	93.48	89.29	55.92	51.66	70.63	102.79
Other Current Liabilities	758.19	783.78	899.22	404.32	477.72	705.33
Total Current Liabilities	2,615	2,129	2,547	1,715	2,376	2,930
Long-Term Debt	772.15	736.73	243.18	26.35	-	-
Long-Term Leases	27.38	29.72	32.13	33.04	30.92	20.69
Long-Term Unearned Revenue	149.14	142.35	144.02	64.47	62.4	47.1
Long-Term Deferred Tax Liabilities	9.35	9.58	10.77	12.28	8.6	9.91
Other Long-Term Liabilities	83.33	100	-	-	-	-
Total Liabilities	3,657	3,148	2,977	1,851	2,478	3,008
Common Stock	1,357	1,357	1,391	1,402	1,402	1,420
Additional Paid-In Capital	1,892	1,892	2,129	2,216	2,209	2,350
Retained Earnings	7,474	7,371	6,916	6,455	6,248	5,420
Treasury Stock	-527.78	-428.65	-298.22	-201.35	-100.35	-177.4
Comprehensive Income & Other	-20.05	-19.79	-22.81	14.23	4.94	3.51
Total Common Equity	10,175	10,171	10,115	9,886	9,764	9,016
Minority Interest	11.18	7.03	29.37	31.72	29.35	11.19
Shareholders' Equity	10,186	10,178	10,144	9,918	9,793	9,027
Total Liabilities & Equity	13,843	13,326	13,122	11,768	12,271	12,035
Total Debt	1,645	1,494	999.96	614.65	299.22	263.1
Net Cash (Debt)	-407.99	-381.52	-148.93	311.27	1,689	1,351
Net Cash Growth	-	-	-	-81.58%	25.01%	168.72%
Net Cash Per Share	-0.31	-0.29	-0.11	0.22	1.22	0.96
Filing Date Shares Outstanding	1,305	1,306	1,353	1,379	1,391	1,402
Total Common Shares Outstanding	1,305	1,306	1,353	1,379	1,391	1,402
Working Capital	1,848	1,685	948.44	1,798	1,941	1,176
Book Value Per Share	7.80	7.79	7.48	7.17	7.02	6.43
Tangible Book Value	9,191	9,199	9,127	8,879	8,889	8,131
Tangible Book Value Per Share	7.04	7.04	6.74	6.44	6.39	5.80
Buildings	-	2,169	1,830	1,851	1,816	1,769
Machinery	-	9,827	9,005	8,964	7,816	7,467
Construction In Progress	-	1,487	2,002	178.11	887.38	771.08

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