SHA:600416 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	2,127	3,173	2,530	2,536	2,377	1,216
Trading Asset Securities	100	-	0.17	0.08	-	204.78
Cash & Short-Term Investments	2,227	3,173	2,530	2,536	2,377	1,421
Cash Growth	21.59%	25.41%	-0.25%	6.69%	67.36%	-22.92%
Accounts Receivable	4,889	4,429	4,486	4,528	5,319	5,188
Other Receivables	103.96	56.22	33.61	18.41	40.45	61.86
Receivables	4,993	4,485	4,520	4,546	5,360	5,250
Inventory	3,097	3,111	2,624	2,288	2,149	2,181
Other Current Assets	1,110	1,055	1,031	612.65	372.3	245.39
Total Current Assets	11,426	11,823	10,705	9,982	10,258	9,097
Property, Plant & Equipment	2,032	2,030	1,731	1,765	1,875	2,012
Long-Term Investments	227.77	227.77	22.17	21.88	7.34	8.98
Other Intangible Assets	2,305	1,656	1,581	1,410	1,485	1,567
Long-Term Accounts Receivable	-	192.09	165.91	107.37	-	-
Long-Term Deferred Tax Assets	91.4	91.03	72.59	57.32	60.74	50.79
Long-Term Deferred Charges	163.92	843.9	722.34	799.93	455.73	-
Other Long-Term Assets	416.32	223.06	286.16	292.18	18.91	6.96
Total Assets	16,662	17,087	15,287	14,436	14,161	12,743
Accounts Payable	4,762	4,823	3,703	3,542	3,381	3,261
Accrued Expenses	55.82	99.31	96.84	115.12	95.8	71.2
Short-Term Debt	397	514.31	1,400	1,351	901.07	3,135
Current Portion of Long-Term Debt	367.66	552.29	192	407.27	-	-
Current Portion of Leases	-	26.96	29.39	30.12	22.76	41.01
Current Income Taxes Payable	19.44	13.8	17.03	9.24	6.38	3.49
Current Unearned Revenue	243.41	215.4	212.14	188.49	390.34	470.17
Other Current Liabilities	261.67	324.18	438.49	244.23	330.37	292.83
Total Current Liabilities	6,107	6,569	6,089	5,887	5,128	7,275
Long-Term Debt	231.8	232.12	1,258	964.1	1,702	495.58
Long-Term Leases	107	114.3	-	30.86	49.64	71.04
Long-Term Unearned Revenue	251.78	255.13	224.39	77.36	74.91	89.68
Long-Term Deferred Tax Liabilities	21.17	21.18	4.09	7.73	10.28	0.72
Other Long-Term Liabilities	185.24	187.16	226.39	226.35	228.77	245.66
Total Liabilities	6,904	7,379	7,802	7,193	7,193	8,177
Common Stock	1,476	1,476	1,325	1,325	1,325	1,155
Additional Paid-In Capital	10,140	10,140	8,311	8,311	8,343	5,703
Retained Earnings	-1,798	-1,849	-2,073	-2,322	-2,622	-2,891
Comprehensive Income & Other	-83.18	-83.32	-83.08	-79.41	-81.32	-82.1
Total Common Equity	9,735	9,684	7,480	7,235	6,965	3,885
Minority Interest	23.68	24.52	4.7	7.65	2.74	680.36
Shareholders' Equity	9,759	9,708	7,485	7,242	6,968	4,565
Total Liabilities & Equity	16,662	17,087	15,287	14,436	14,161	12,743
Total Debt	1,103	1,440	2,880	2,783	2,675	3,743
Net Cash (Debt)	1,123	1,733	-349.82	-247.09	-298.11	-2,323
Net Cash Per Share	0.77	1.23	-0.27	-0.19	-0.25	-2.05
Filing Date Shares Outstanding	1,496	1,476	1,325	1,325	1,325	1,155
Total Common Shares Outstanding	1,496	1,476	1,325	1,325	1,325	1,155
Working Capital	5,319	5,255	4,616	4,095	5,131	1,822
Book Value Per Share	6.51	6.56	5.64	5.46	5.25	3.36
Tangible Book Value	7,430	8,028	5,899	5,825	5,480	2,318
Tangible Book Value Per Share	4.97	5.44	4.45	4.39	4.13	2.01
Buildings	-	1,268	1,261	1,251	1,250	1,250
Machinery	-	2,288	2,087	1,990	1,968	1,836
Construction In Progress	-	162.54	59.68	50.07	57.51	169.75

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