SHA:600418 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	17,140	13,256	15,346	12,714	10,398
Trading Asset Securities	2,805	4,661	1,802	20.01	921.51
Cash & Short-Term Investments	19,945	17,916	17,148	12,734	11,319
Cash Growth	11.32%	4.48%	34.66%	12.50%	53.65%
Accounts Receivable	3,867	3,735	4,801	6,426	6,604
Other Receivables	211.45	635.06	544.02	864.89	1,865
Receivables	4,078	4,370	5,345	7,300	8,562
Inventory	3,013	3,579	4,746	3,388	2,618
Prepaid Expenses	51.05	33.87	141.42	6.59	-
Other Current Assets	1,331	1,792	1,447	1,674	2,903
Total Current Assets	28,418	27,692	28,827	25,103	25,403
Property, Plant & Equipment	10,545	10,736	8,848	12,639	11,202
Long-Term Investments	5,072	5,905	5,516	5,317	5,065
Other Intangible Assets	3,665	1,834	1,663	2,141	2,466
Long-Term Accounts Receivable	208.18	157.44	118.55	207.59	216.8
Long-Term Deferred Tax Assets	1,013	1,009	1,051	1,088	1,386
Long-Term Deferred Charges	1,563	1,635	661.27	501.26	517.87
Other Long-Term Assets	395.65	113.58	78.44	86.05	113.44
Total Assets	50,880	49,081	46,764	47,083	46,370
Accounts Payable	26,178	21,549	18,347	15,902	12,881
Accrued Expenses	1,683	1,318	1,871	1,250	1,672
Short-Term Debt	170.7	112.47	50.1	1,033	1,835
Current Portion of Long-Term Debt	3,483	3,363	3,119	4,232	2,299
Current Portion of Leases	135.2	112.15	5.13	14.15	14.6
Current Income Taxes Payable	20.4	36.26	27.28	37.09	36.13
Current Unearned Revenue	1,179	1,185	1,465	1,576	1,162
Other Current Liabilities	2,559	2,662	1,893	2,085	2,440
Total Current Liabilities	35,408	30,337	26,777	26,129	22,340
Long-Term Debt	2,373	3,677	4,325	5,559	6,692
Long-Term Leases	959.97	1,055	7.19	1.01	15.79
Long-Term Unearned Revenue	1,489	1,582	1,161	1,325	1,390
Long-Term Deferred Tax Liabilities	1.2	1.02	1.06	1.44	64.52
Total Liabilities	40,231	36,652	32,271	33,015	30,503
Common Stock	2,184	2,184	2,184	2,184	2,184
Additional Paid-In Capital	6,362	6,362	6,340	6,923	6,922
Retained Earnings	983.47	2,686	4,516	4,365	6,008
Comprehensive Income & Other	160.63	127.02	194.23	171.49	128.21
Total Common Equity	9,690	11,360	13,234	13,643	15,242
Minority Interest	958.21	1,070	1,259	423.84	625.35
Shareholders' Equity	10,648	12,429	14,493	14,067	15,867
Total Liabilities & Equity	50,880	49,081	46,764	47,083	46,370
Total Debt	7,122	8,320	7,506	10,839	10,858
Net Cash (Debt)	12,823	9,597	9,642	1,895	461.74
Net Cash Growth	33.62%	-0.47%	408.88%	310.34%	-
Net Cash Per Share	5.87	4.41	4.45	0.86	0.23
Filing Date Shares Outstanding	2,184	2,184	2,184	2,184	2,184
Total Common Shares Outstanding	2,184	2,184	2,184	2,184	2,184
Working Capital	-6,990	-2,645	2,050	-1,026	3,063
Book Value Per Share	4.44	5.20	6.06	6.25	6.98
Tangible Book Value	6,025	9,525	11,570	11,502	12,776
Tangible Book Value Per Share	2.76	4.36	5.30	5.27	5.85
Buildings	6,631	6,649	6,885	7,585	7,157
Machinery	17,702	17,482	15,792	18,437	15,932
Construction In Progress	530.63	294.48	598.51	856.99	973.87

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