SHA:600328 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	1,622	1,918	1,124	1,754	2,625	898.71
Cash & Short-Term Investments	1,622	1,918	1,124	1,754	2,625	898.71
Cash Growth	118.25%	70.58%	-35.91%	-33.18%	192.07%	52.67%
Accounts Receivable	1,900	1,827	2,081	2,069	2,907	1,063
Other Receivables	26.07	17.91	72.11	28.67	110.76	24.65
Receivables	1,926	1,844	2,153	2,098	3,018	1,088
Inventory	1,068	1,084	903.13	942.12	1,319	1,486
Prepaid Expenses	-	-	58.09	24.63	24.34	0.13
Other Current Assets	481.1	391.15	244.22	150.89	259.22	194.06
Total Current Assets	5,098	5,237	4,483	4,970	7,245	3,667
Property, Plant & Equipment	12,419	12,496	11,988	11,857	11,982	11,457
Long-Term Investments	238.26	256.52	261.89	298.14	326.86	326.57
Goodwill	600.29	600.29	600.29	600.29	600.29	600.29
Other Intangible Assets	7,937	7,946	1,189	680.41	665.2	652.58
Long-Term Deferred Tax Assets	195.7	216.54	160.41	198.28	156.01	144.01
Long-Term Deferred Charges	11.94	6.78	1.69	0.45	0.9	2.85
Other Long-Term Assets	70.74	117.17	61.54	50.41	85.82	54.1
Total Assets	26,571	26,876	18,746	18,655	21,062	16,905
Accounts Payable	2,344	2,712	2,672	2,332	3,463	3,998
Accrued Expenses	44.11	68.12	286.63	439.42	456.46	347.18
Short-Term Debt	2,864	2,772	661.03	393.33	1,030	1,340
Current Portion of Long-Term Debt	55.97	58.01	80.1	188.02	60.93	188.29
Current Portion of Leases	-	-	37.83	37.82	61.23	157.14
Current Income Taxes Payable	81.62	84.19	43.09	179.75	222.14	139.29
Current Unearned Revenue	377.44	259.57	267.71	300.74	957.6	405.65
Other Current Liabilities	1,021	1,260	957.42	902.01	1,310	551.24
Total Current Liabilities	6,788	7,214	5,006	4,773	7,562	7,128
Long-Term Debt	2,679	2,389	56.12	203.24	396.44	797.55
Long-Term Leases	123.79	122.34	93.99	124.45	272.61	265.6
Long-Term Unearned Revenue	125.4	129.43	131.91	139.99	144.24	117.38
Long-Term Deferred Tax Liabilities	204.83	207.51	218.7	225.28	236.11	246.16
Other Long-Term Liabilities	30.38	30.27	55.06	46.71	55.58	48.69
Total Liabilities	9,950	10,092	5,562	5,512	8,667	8,603
Common Stock	1,466	1,466	1,472	1,472	1,133	957.66
Additional Paid-In Capital	6,814	6,814	6,846	7,022	6,594	4,007
Retained Earnings	3,636	3,790	3,897	3,781	3,853	2,763
Treasury Stock	-67.04	-67.04	-61.34	-106.72	-115.75	-
Comprehensive Income & Other	-1.6	-6.69	10.94	29.65	15.2	4.32
Total Common Equity	11,847	11,996	12,164	12,199	11,479	7,732
Minority Interest	4,774	4,787	1,021	943.99	915.49	570.07
Shareholders' Equity	16,621	16,784	13,185	13,143	12,395	8,302
Total Liabilities & Equity	26,571	26,876	18,746	18,655	21,062	16,905
Total Debt	5,722	5,341	929.07	946.85	1,822	2,749
Net Cash (Debt)	-4,099	-3,424	195.07	807.02	803.31	-1,850
Net Cash Growth	-	-	-75.83%	0.46%	-	-
Net Cash Per Share	-2.80	-2.33	0.13	0.55	0.64	-1.49
Filing Date Shares Outstanding	1,466	1,465	1,472	1,472	1,473	1,245
Total Common Shares Outstanding	1,466	1,465	1,472	1,472	1,473	1,245
Working Capital	-1,690	-1,977	-522.65	196.95	-316.99	-3,460
Book Value Per Share	8.08	8.19	8.27	8.29	7.80	6.21
Tangible Book Value	3,309	3,450	10,375	10,918	10,214	6,479
Tangible Book Value Per Share	2.26	2.35	7.05	7.42	6.94	5.20
Buildings	-	-	8,321	7,868	7,304	-
Machinery	-	-	13,738	13,188	12,658	-
Construction In Progress	-	-	594.57	615.66	629.67	-

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