SHA:600361 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	7,026	7,260	7,882	4,500	3,832	3,716
Trading Asset Securities	103.02	359.87	0.3	0.3	0.3	0.3
Cash & Short-Term Investments	7,129	7,620	7,883	4,501	3,832	3,716
Cash Growth	37.81%	-3.33%	75.15%	17.44%	3.12%	21.30%
Accounts Receivable	5,639	4,625	3,930	2,727	2,491	2,540
Other Receivables	125.77	83.39	88.52	56.81	1,151	2.67
Receivables	5,765	4,708	4,019	2,784	3,642	2,543
Inventory	5,932	4,692	3,593	3,632	3,111	2,702
Other Current Assets	709.03	811.58	701.12	740.21	414.66	1,646
Total Current Assets	19,535	17,831	16,196	11,656	11,000	10,607
Property, Plant & Equipment	7,673	7,930	7,199	6,190	4,108	3,986
Long-Term Investments	1,796	1,249	721.64	281.67	316.48	318.38
Other Intangible Assets	1,175	1,207	1,218	1,014	864	718.64
Long-Term Deferred Tax Assets	197.97	204.71	179.3	226.31	193.52	112.26
Long-Term Deferred Charges	1.92	2.56	3.76	5.86	-	-
Other Long-Term Assets	439.71	214.96	598.69	541.87	425.65	331.09
Total Assets	30,819	28,640	26,116	19,916	16,908	16,074
Accounts Payable	3,830	3,844	2,135	674.12	1,337	5,288
Accrued Expenses	159.86	175.09	220.24	193.12	194.67	196.99
Short-Term Debt	9,657	7,954	7,350	4,819	4,624	2,775
Current Portion of Long-Term Debt	-	2,125	1,843	452.65	970.11	544.41
Current Portion of Leases	-	-	39.41	39.86	8.04	10.42
Current Income Taxes Payable	-	136.13	91.13	103.64	39.51	99.48
Current Unearned Revenue	763.88	280.87	622.05	300.9	198.93	346.29
Other Current Liabilities	2,772	397.24	560.64	453.06	258.72	1,072
Total Current Liabilities	17,183	14,913	12,860	7,036	7,631	10,333
Long-Term Debt	1,552	1,844	1,798	2,105	944.57	889.38
Long-Term Leases	73.69	68.28	79.31	147.64	118.73	121.16
Long-Term Unearned Revenue	274.43	252.59	215.79	106.27	58.46	37.61
Long-Term Deferred Tax Liabilities	50.8	101.82	83.06	93.75	82.1	55.43
Other Long-Term Liabilities	150	150	150	150	150	-
Total Liabilities	19,284	17,330	15,186	9,639	8,985	11,437
Common Stock	3,733	3,756	4,107	4,336	4,004	3,338
Additional Paid-In Capital	3,180	3,257	2,905	2,677	1,527	-
Retained Earnings	4,577	4,311	3,829	3,106	2,389	1,298
Treasury Stock	-	-64.45	-	-	-	-
Comprehensive Income & Other	-87.62	-83.94	-55.57	11.12	3.15	1.57
Total Common Equity	11,403	11,176	10,786	10,130	7,923	4,637
Minority Interest	132.83	134.01	143.98	146.83	-	-
Shareholders' Equity	11,536	11,310	10,930	10,277	7,923	4,637
Total Liabilities & Equity	30,819	28,640	26,116	19,916	16,908	16,074
Total Debt	11,282	11,992	11,108	7,564	6,665	4,341
Net Cash (Debt)	-4,153	-4,372	-3,226	-3,063	-2,833	-624.16
Net Cash Per Share	-1.09	-1.12	-0.76	-0.74	-0.82	-0.19
Filing Date Shares Outstanding	3,751	3,408	4,107	4,336	4,004	665.81
Total Common Shares Outstanding	3,751	3,408	4,107	4,336	4,004	665.81
Working Capital	2,352	2,918	3,335	4,620	3,369	274.43
Book Value Per Share	3.04	3.28	2.63	2.34	1.98	6.96
Tangible Book Value	10,227	9,969	9,568	9,117	7,059	3,918
Tangible Book Value Per Share	2.73	2.93	2.33	2.10	1.76	5.89
Buildings	-	-	3,350	2,484	2,159	2,071
Machinery	-	-	5,628	4,345	3,534	3,162
Construction In Progress	-	-	818.76	1,300	259.42	191.61

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