SHA:600415 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	5,016	6,816	5,539	2,923	1,991	4,831
Trading Asset Securities	548.35	2,094	400.32	15.13	62.33	75.38
Cash & Short-Term Investments	5,564	8,910	5,940	2,938	2,054	4,907
Cash Growth	18.52%	50.01%	102.17%	43.06%	-58.15%	-13.37%
Accounts Receivable	432.63	437.84	497.32	592.86	210.75	185.24
Other Receivables	153.79	188.28	116.26	115.28	419.4	1,356
Receivables	634.49	675.59	614.97	709.69	631.7	1,544
Inventory	1,578	2,385	1,358	1,247	1,330	1,327
Other Current Assets	4,074	2,889	1,822	1,650	1,239	1,121
Total Current Assets	11,850	14,859	9,734	6,544	5,254	8,899
Property, Plant & Equipment	7,953	8,017	7,956	9,077	8,299	6,395
Long-Term Investments	8,465	7,926	8,337	8,315	7,357	7,200
Goodwill	284.92	284.92	284.92	284.92	284.92	-
Other Intangible Assets	7,974	4,723	5,181	6,238	6,462	4,044
Long-Term Deferred Tax Assets	82.74	65.69	62.12	115.36	150.35	135.74
Long-Term Deferred Charges	453.65	428.69	414.04	348.68	311.59	194.54
Other Long-Term Assets	7,071	8,101	7,200	5,295	3,993	4,147
Total Assets	44,136	44,405	39,168	36,219	32,111	31,015
Accounts Payable	1,754	1,996	1,470	1,390	1,191	493.36
Accrued Expenses	201.37	669.41	367.35	314.57	386.72	654.39
Short-Term Debt	-	-	3,070	4,645	4,072	3,952
Current Portion of Long-Term Debt	84.6	96.48	3,743	155.5	61.85	3,654
Current Portion of Leases	-	24.51	21.43	23.64	25	10.36
Current Income Taxes Payable	431.3	381.64	430.07	179.05	6.14	279.49
Current Unearned Revenue	7,930	7,693	6,131	4,291	4,228	4,201
Other Current Liabilities	2,244	2,182	2,337	2,733	2,442	1,861
Total Current Liabilities	12,645	13,043	17,569	13,732	12,412	15,106
Long-Term Debt	3,100	3,255	657.59	4,361	3,902	771.25
Long-Term Leases	125.87	129.61	149.98	176.83	206.62	205.94
Long-Term Unearned Revenue	121.54	116.22	150.8	160.43	103.58	78.17
Long-Term Deferred Tax Liabilities	129.23	129.24	68.47	84.04	95.04	111.9
Other Long-Term Liabilities	4,061	4,704	-	-	110.62	110.62
Total Liabilities	20,184	21,377	18,596	18,515	16,830	16,384
Common Stock	5,484	5,484	5,484	5,484	5,486	5,491
Additional Paid-In Capital	2,408	2,408	2,378	1,667	1,651	1,632
Retained Earnings	15,950	14,959	12,565	10,588	8,269	7,565
Treasury Stock	-	-	-33.83	-74.37	-119.48	-137.49
Comprehensive Income & Other	27.82	97.61	111.06	23.39	-24.01	60.85
Total Common Equity	23,869	22,948	20,504	17,688	15,262	14,611
Minority Interest	83.57	80.78	68.7	15.54	18.81	20
Shareholders' Equity	23,952	23,029	20,572	17,704	15,281	14,631
Total Liabilities & Equity	44,136	44,405	39,168	36,219	32,111	31,015
Total Debt	3,311	3,506	7,642	9,363	8,267	8,594
Net Cash (Debt)	2,253	5,404	-1,702	-6,425	-6,213	-3,687
Net Cash Per Share	0.41	0.99	-0.31	-1.18	-1.12	-0.69
Filing Date Shares Outstanding	5,484	5,484	5,484	5,484	5,486	5,491
Total Common Shares Outstanding	5,484	5,484	5,484	5,484	5,486	5,491
Working Capital	-795.23	1,816	-7,835	-7,188	-7,158	-6,207
Book Value Per Share	4.35	4.18	3.74	3.23	2.78	2.66
Tangible Book Value	15,610	17,940	15,038	11,165	8,516	10,567
Tangible Book Value Per Share	2.85	3.27	2.74	2.04	1.55	1.92
Buildings	-	9,678	7,956	7,443	7,453	7,091
Machinery	-	4,773	3,914	4,045	3,991	3,881
Construction In Progress	-	187.45	2,301	3,956	2,860	1,091

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