SHA:600352 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	21,918	19,515	18,056	10,893	6,875	6,878
Trading Asset Securities	722.89	623.35	489.86	1,454	1,382	1,294
Cash & Short-Term Investments	22,641	20,139	18,546	12,347	8,256	8,173
Cash Growth	3.36%	8.59%	50.20%	49.54%	1.03%	22.40%
Accounts Receivable	4,178	3,853	3,537	4,159	4,995	5,132
Other Receivables	94.35	169.43	315.35	115	144.96	675.34
Receivables	4,273	4,023	3,852	4,274	5,260	5,927
Inventory	27,648	27,446	28,833	29,321	28,649	28,239
Other Current Assets	1,950	1,821	1,083	1,040	1,123	1,667
Total Current Assets	56,511	53,429	52,313	46,982	43,288	44,006
Property, Plant & Equipment	6,259	6,334	6,632	7,180	7,485	7,250
Long-Term Investments	6,316	6,340	6,255	7,090	7,975	9,550
Goodwill	131.99	134.08	137.13	135.11	154.86	141.77
Other Intangible Assets	564.3	576.1	594.54	654.38	693.02	686.62
Long-Term Deferred Tax Assets	1,623	1,667	1,434	1,086	873.08	822.3
Long-Term Deferred Charges	29.37	20.66	42.1	56.18	32.85	20.98
Other Long-Term Assets	6,675	6,650	4,604	4,623	4,661	3,249
Total Assets	78,110	75,150	72,012	67,806	65,162	65,727
Accounts Payable	3,742	3,421	3,370	3,414	4,470	4,548
Accrued Expenses	240.62	481.66	628.33	800.02	853.21	865.26
Short-Term Debt	10,541	18,739	14,314	10,845	9,501	8,976
Current Portion of Long-Term Debt	2,264	2,521	2,880	5,437	6,871	749.59
Current Portion of Leases	-	49.08	50.57	53.53	71.98	68.96
Current Income Taxes Payable	266.08	304.23	547.92	387.52	411.21	405.53
Current Unearned Revenue	12,884	12,833	7,392	2,313	1,183	5,288
Other Current Liabilities	12,725	1,770	1,365	680.46	839.64	2,220
Total Current Liabilities	42,664	40,118	30,548	23,930	24,201	23,121
Long-Term Debt	1,323	1,429	3,378	7,246	5,215	8,602
Long-Term Leases	96.86	57.44	83.74	100.42	128.19	136.38
Long-Term Unearned Revenue	79.97	73.52	75.63	80.84	98.96	64.73
Pension & Post-Retirement Benefits	-	47.72	47.07	58.37	56.83	56.42
Long-Term Deferred Tax Liabilities	455.28	455.23	502.96	531.85	634.95	723.82
Other Long-Term Liabilities	137.71	97.53	124.64	145.15	68.53	64.99
Total Liabilities	44,757	42,278	34,760	32,093	30,404	32,769
Common Stock	3,253	3,253	3,253	3,253	3,253	3,253
Additional Paid-In Capital	559.06	559.19	1,386	1,602	1,600	1,467
Retained Earnings	29,494	28,957	29,705	29,139	28,394	26,191
Treasury Stock	-	-	-	-985.96	-985.96	-
Comprehensive Income & Other	-163.99	-105.69	-63.89	-65.22	-94.57	-546.58
Total Common Equity	33,143	32,664	34,280	32,943	32,167	30,364
Minority Interest	209.69	208.01	2,972	2,770	2,591	2,594
Shareholders' Equity	33,353	32,872	37,252	35,713	34,759	32,958
Total Liabilities & Equity	78,110	75,150	72,012	67,806	65,162	65,727
Total Debt	14,226	22,795	20,706	23,682	21,787	18,533
Net Cash (Debt)	8,415	-2,656	-2,160	-11,335	-13,530	-10,360
Net Cash Per Share	2.59	-0.82	-0.67	-3.62	-4.22	-3.20
Filing Date Shares Outstanding	3,253	3,253	3,253	3,156	3,156	3,253
Total Common Shares Outstanding	3,253	3,253	3,253	3,156	3,156	3,253
Working Capital	13,847	13,310	21,766	23,052	19,086	20,885
Book Value Per Share	10.19	10.04	10.54	10.44	10.19	9.33
Tangible Book Value	32,447	31,954	33,549	32,153	31,319	29,535
Tangible Book Value Per Share	9.97	9.82	10.31	10.19	9.92	9.08
Buildings	-	3,134	3,073	3,083	2,970	2,820
Machinery	-	10,868	10,552	10,544	10,087	9,216
Construction In Progress	-	610.62	548.58	785.73	930.61	983.62

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