SHA:600284 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	3,040	3,261	3,632	4,377	5,839	2,904
Trading Asset Securities	3,332	5,183	4,861	4,390	4,355	3,881
Cash & Short-Term Investments	6,373	8,444	8,493	8,767	10,194	6,785
Cash Growth	-5.86%	-0.58%	-3.12%	-14.00%	50.23%	14.50%
Accounts Receivable	12,437	13,613	12,632	8,554	7,272	5,497
Other Receivables	518.04	860.95	1,130	1,141	1,143	743.53
Receivables	12,955	14,474	13,761	9,795	8,715	6,241
Inventory	731.66	737.08	958.49	1,622	1,641	2,259
Prepaid Expenses	-	6.81	3.65	10.34	20.13	5.3
Other Current Assets	403.3	310.42	357.17	268.5	156.7	166.27
Total Current Assets	20,463	23,972	23,574	20,462	20,727	15,456
Property, Plant & Equipment	613.37	579.58	417.54	318.16	258.13	205.02
Long-Term Investments	2,192	2,212	2,152	2,131	1,718	1,651
Other Intangible Assets	715.23	747.36	676.09	470.76	406.59	335.99
Long-Term Accounts Receivable	-	1,798	1,800	2,774	1,708	1,816
Long-Term Deferred Tax Assets	139.2	137.86	120.69	110.54	89.21	58.81
Long-Term Deferred Charges	0.09	0.1	15.77	19.93	24.73	10.1
Other Long-Term Assets	5,074	3,678	3,975	3,412	3,079	2,013
Total Assets	29,196	33,126	32,732	29,699	28,010	21,546
Accounts Payable	17,352	20,925	19,806	16,576	14,196	10,147
Accrued Expenses	163.01	294.37	293.32	348.11	524.46	313.2
Short-Term Debt	920.57	1,801	900.62	50.03	150.04	-
Current Portion of Long-Term Debt	5.39	-	900.26	-	40.84	-
Current Portion of Leases	-	8.23	3.69	4.65	1.88	-
Current Income Taxes Payable	45.24	43.69	16.7	16.05	28	14.6
Current Unearned Revenue	408.22	652.81	687.67	1,021	1,658	1,248
Other Current Liabilities	1,090	1,147	1,033	750.07	486.67	420.53
Total Current Liabilities	19,984	24,873	23,642	18,766	17,085	12,144
Long-Term Debt	899.11	-	999.57	2,800	2,854	2,116
Long-Term Leases	57.85	40.65	13.24	17.86	15.22	20.05
Long-Term Unearned Revenue	0.5	11.97	43	265.85	250.8	84.35
Long-Term Deferred Tax Liabilities	45.72	47.41	32.6	32.54	23.72	6.43
Other Long-Term Liabilities	114.52	107.88	145.73	201.76	252.24	273.02
Total Liabilities	21,102	25,081	24,876	22,084	20,481	14,644
Common Stock	970.26	970.26	970.26	970.26	970.26	970.26
Additional Paid-In Capital	1,993	1,993	1,993	1,992	2,290	1,991
Retained Earnings	4,994	4,953	4,774	4,552	4,178	3,840
Comprehensive Income & Other	17.55	10.36	8.61	7.39	6.94	10.72
Total Common Equity	7,974	7,926	7,746	7,522	7,446	6,812
Minority Interest	120.18	118.59	110.16	92.85	82.83	89.57
Shareholders' Equity	8,094	8,045	7,856	7,614	7,529	6,902
Total Liabilities & Equity	29,196	33,126	32,732	29,699	28,010	21,546
Total Debt	1,883	1,850	2,817	2,873	3,062	2,136
Net Cash (Debt)	4,490	6,594	5,676	5,894	7,132	4,649
Net Cash Growth	15.04%	16.17%	-3.70%	-17.36%	53.42%	0.88%
Net Cash Per Share	4.63	6.80	5.85	6.07	7.35	4.79
Filing Date Shares Outstanding	970.79	970.26	970.26	970.26	970.26	970.26
Total Common Shares Outstanding	970.79	970.26	970.26	970.26	970.26	970.26
Working Capital	478.5	-900.47	-67.74	1,696	3,641	3,312
Book Value Per Share	8.21	8.17	7.98	7.75	7.67	7.02
Tangible Book Value	7,259	7,179	7,070	7,051	7,039	6,476
Tangible Book Value Per Share	7.48	7.40	7.29	7.27	7.26	6.67
Buildings	-	419.6	406.51	301.53	242.05	162.04
Machinery	-	161.66	161.15	155.46	149.8	137.28
Construction In Progress	-	119.1	0.31	1.8	0.59	-
Order Backlog	-	86,602	-	-	-	-

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