SHA:600295 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	6,817	5,430	7,259	5,911	5,625	6,761
Trading Asset Securities	0.07	0.08	0.06	-	102.44	-
Cash & Short-Term Investments	6,817	5,431	7,259	5,911	5,728	6,761
Cash Growth	-4.14%	-25.19%	22.81%	3.19%	-15.29%	-15.40%
Accounts Receivable	2,053	2,009	1,874	2,167	1,926	4,091
Other Receivables	117.97	148.92	171.05	360.56	181.73	1,025
Receivables	2,171	2,158	2,045	2,528	2,108	5,116
Inventory	3,852	3,877	3,724	3,923	4,243	4,490
Other Current Assets	698.87	472.87	581.29	498.31	737.21	556.52
Total Current Assets	13,539	11,938	13,609	12,860	12,816	16,924
Property, Plant & Equipment	16,759	17,196	18,596	19,382	19,487	19,488
Long-Term Investments	12,093	12,125	11,889	12,228	12,003	11,517
Goodwill	93.53	93.53	55.47	4.79	4.79	4.79
Other Intangible Assets	1,658	1,674	1,442	1,300	1,316	1,081
Long-Term Deferred Tax Assets	108.46	101.23	61.3	102.72	127.19	174.69
Long-Term Deferred Charges	539.54	578.8	673	567.74	463.59	275.6
Other Long-Term Assets	1,867	1,846	2,007	2,122	1,891	342.87
Total Assets	46,657	45,552	48,333	48,568	48,109	49,807
Accounts Payable	10,173	10,306	11,441	10,553	7,253	7,851
Accrued Expenses	533.78	511.13	463.78	534.23	664.74	1,254
Short-Term Debt	2,238	2,129	4,298	2,956	5,857	6,946
Current Portion of Long-Term Debt	-	479.03	757.1	629.79	78.63	569.03
Current Portion of Leases	-	76.72	82.19	90.29	100.82	103.68
Current Income Taxes Payable	-	86.36	73.43	57.32	275.34	974.85
Current Unearned Revenue	947.8	680.38	571.64	945.78	1,255	1,570
Other Current Liabilities	2,297	1,413	1,577	1,525	1,511	1,105
Total Current Liabilities	16,190	15,682	19,264	17,292	16,997	20,374
Long-Term Debt	1,313	2,414	2,991	4,317	4,569	4,921
Long-Term Leases	97.97	97.91	104.79	100.51	104.73	97.7
Long-Term Unearned Revenue	499.33	516.82	312.15	314.18	289.83	328.63
Long-Term Deferred Tax Liabilities	243.09	250.78	115.56	92.77	84.13	115.14
Other Long-Term Liabilities	928.23	18.54	21.56	58.87	204.32	30.31
Total Liabilities	19,272	18,980	22,809	22,175	22,248	25,867
Common Stock	2,799	2,799	2,799	2,799	1,999	1,428
Additional Paid-In Capital	2,365	2,359	2,368	2,325	3,215	3,752
Retained Earnings	16,909	16,254	15,570	15,963	15,058	13,185
Comprehensive Income & Other	405.42	379.6	208.43	186.09	181.16	196.64
Total Common Equity	22,478	21,792	20,945	21,272	20,454	18,562
Minority Interest	4,907	4,780	4,578	5,122	5,407	5,379
Shareholders' Equity	27,385	26,572	25,524	26,394	25,861	23,940
Total Liabilities & Equity	46,657	45,552	48,333	48,568	48,109	49,807
Total Debt	3,650	5,197	8,233	8,093	10,710	12,637
Net Cash (Debt)	3,167	233.91	-974.25	-2,183	-4,983	-5,876
Net Cash Per Share	1.13	0.08	-0.35	-0.78	-1.78	-2.10
Filing Date Shares Outstanding	2,850	2,799	2,799	2,799	2,799	2,799
Total Common Shares Outstanding	2,850	2,799	2,799	2,799	2,799	2,799
Working Capital	-2,652	-3,745	-5,654	-4,432	-4,181	-3,450
Book Value Per Share	7.89	7.79	7.48	7.60	7.31	6.63
Tangible Book Value	20,727	20,024	19,448	19,967	19,133	17,476
Tangible Book Value Per Share	7.27	7.15	6.95	7.13	6.84	6.24
Buildings	-	18,248	17,964	16,336	16,487	15,272
Machinery	-	29,108	28,732	25,560	24,182	24,066
Construction In Progress	-	562.49	683.91	2,720	2,041	842.56

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