SHA:600276 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	40,527	40,955	24,816	20,746	15,111	13,631
Trading Asset Securities	108.92	113.84	273.34	99.05	2,760	5,090
Cash & Short-Term Investments	40,636	41,069	25,089	20,845	17,871	18,721
Cash Growth	67.95%	63.69%	20.36%	16.64%	-4.54%	13.93%
Accounts Receivable	6,492	5,909	6,159	6,135	8,341	6,884
Other Receivables	15.65	28.17	66.41	438.25	562.18	658
Receivables	6,507	5,938	6,226	6,573	8,904	7,542
Inventory	2,886	2,878	2,417	2,314	2,451	2,403
Prepaid Expenses	-	166.79	239.54	226.07	507.2	431.57
Other Current Assets	2,015	1,438	1,343	1,329	1,201	1,090
Total Current Assets	52,044	51,490	35,315	31,287	30,934	30,188
Property, Plant & Equipment	8,128	7,908	6,928	6,629	6,676	6,276
Long-Term Investments	2,133	2,030	1,732	1,451	1,508	1,001
Other Intangible Assets	2,259	1,956	1,192	883.77	519.9	442.45
Long-Term Deferred Tax Assets	772.03	780.96	377.17	320.56	238.9	141.36
Long-Term Deferred Charges	5,371	5,090	4,112	2,829	2,052	569.38
Other Long-Term Assets	586.84	611.69	479.11	383.3	442.55	648.99
Total Assets	71,294	69,867	50,136	43,785	42,371	39,266
Accounts Payable	2,335	1,995	1,517	1,334	1,493	1,920
Accrued Expenses	1.63	1,405	941.05	578.85	97.57	165.66
Short-Term Debt	-	-	-	-	1,261	-
Current Portion of Leases	30.37	30.93	41.13	-	-	-
Current Income Taxes Payable	769.97	633.05	242.94	59.28	4.03	21.77
Current Unearned Revenue	1,454	1,913	159.79	198.09	187.08	219.55
Other Current Liabilities	1,046	392.96	731.36	383.42	596.13	1,074
Total Current Liabilities	5,637	6,369	3,634	2,554	3,639	3,402
Long-Term Leases	37.1	43.31	69.04	75.18	98.86	151.59
Long-Term Unearned Revenue	1,301	1,541	225.65	38.95	119.44	116.52
Long-Term Deferred Tax Liabilities	172.15	116.96	117.11	83.64	100.45	24.77
Total Liabilities	7,147	8,070	4,045	2,751	3,958	3,694
Common Stock	6,637	6,637	6,379	6,379	6,379	6,396
Additional Paid-In Capital	12,883	12,935	3,188	3,058	3,020	3,356
Retained Earnings	45,884	43,601	37,164	32,102	28,819	25,928
Treasury Stock	-1,793	-1,929	-1,229	-1,092	-398.03	-664.94
Comprehensive Income & Other	15.7	27.96	16.97	19.32	3.23	-12.16
Total Common Equity	63,626	61,272	45,520	40,466	37,824	35,003
Minority Interest	520.82	524.75	570.39	567.29	589.35	568.85
Shareholders' Equity	64,147	61,797	46,090	41,033	38,413	35,572
Total Liabilities & Equity	71,294	69,867	50,136	43,785	42,371	39,266
Total Debt	67.47	74.23	110.16	75.18	1,360	151.59
Net Cash (Debt)	40,568	40,995	24,979	20,770	16,511	18,570
Net Cash Growth	68.42%	64.12%	20.27%	25.79%	-11.08%	13.00%
Net Cash Per Share	6.10	6.27	3.94	3.28	2.58	2.91
Filing Date Shares Outstanding	6,713	6,534	6,362	6,361	6,367	6,382
Total Common Shares Outstanding	6,713	6,534	6,362	6,361	6,367	6,382
Working Capital	46,407	45,121	31,681	28,734	27,295	26,786
Book Value Per Share	9.48	9.38	7.16	6.36	5.94	5.48
Tangible Book Value	61,367	59,316	44,328	39,582	37,304	34,561
Tangible Book Value Per Share	9.14	9.08	6.97	6.22	5.86	5.42
Buildings	-	4,892	3,975	3,854	3,541	2,700
Machinery	-	6,523	6,104	5,969	5,684	5,120
Construction In Progress	-	2,006	1,688	1,101	1,193	1,659

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