SHA:600426 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	2,955	2,085	1,398	2,041	1,849	1,884
Trading Asset Securities	50.01	-	-	-	1,406	1,005
Cash & Short-Term Investments	3,005	2,085	1,398	2,041	3,255	2,889
Cash Growth	48.66%	49.18%	-31.52%	-37.29%	12.67%	39.53%
Accounts Receivable	3,425	1,982	2,023	2,360	2,961	3,862
Other Receivables	4.47	4.25	2.37	1.84	0.46	0.33
Receivables	3,429	1,986	2,025	2,362	2,961	3,862
Inventory	1,662	1,493	1,319	1,493	1,173	1,039
Other Current Assets	2,969	3,320	2,633	2,026	1,192	601.31
Total Current Assets	11,065	8,885	7,374	7,923	8,581	8,391
Property, Plant & Equipment	35,532	35,511	34,950	32,161	20,648	17,340
Other Intangible Assets	2,840	2,857	2,367	1,947	1,737	1,497
Long-Term Deferred Tax Assets	53.4	48.5	51.1	43.93	26.31	15.45
Long-Term Deferred Charges	212.59	226.21	271.51	300.43	23.33	33.33
Other Long-Term Assets	1,840	1,650	1,644	1,676	3,989	1,377
Total Assets	51,543	49,177	46,658	44,051	35,005	28,653
Accounts Payable	1,543	1,615	3,149	3,807	1,624	2,192
Accrued Expenses	200.51	253.99	318.64	318.1	260.22	239.52
Short-Term Debt	900.82	776.32	-	200.16	-	10.01
Current Portion of Long-Term Debt	2,318	1,982	1,183	278.85	460.4	650.93
Current Portion of Leases	-	14.89	14.89	3.07	12.49	9.24
Current Income Taxes Payable	208.48	93.83	85.49	158.68	149.7	285.62
Current Unearned Revenue	821.88	797.5	556.28	701.77	734.04	712.88
Other Current Liabilities	207.59	231.87	218.62	320.25	329.56	118.85
Total Current Liabilities	6,200	5,765	5,526	5,788	3,571	4,219
Long-Term Debt	8,569	8,139	8,224	7,348	3,257	1,705
Long-Term Leases	43.31	40.43	46.59	12.87	15.58	9.68
Long-Term Unearned Revenue	98.2	66.61	16.62	13.03	8.79	9.9
Long-Term Deferred Tax Liabilities	15.05	15.15	17.18	11.65	15.17	3.78
Other Long-Term Liabilities	-	-	-	440	218	-
Total Liabilities	14,925	14,027	13,830	13,614	7,085	5,948
Common Stock	2,123	2,123	2,123	2,123	2,123	2,112
Additional Paid-In Capital	2,444	2,442	2,425	2,386	2,318	2,066
Retained Earnings	29,839	28,723	26,573	24,581	22,704	18,096
Treasury Stock	-258.38	-226.01	-122.47	-204.45	-222.45	-18.23
Comprehensive Income & Other	21.24	18.37	19.29	5.23	-	-
Total Common Equity	34,169	33,080	31,018	28,891	26,923	22,256
Minority Interest	2,449	2,070	1,810	1,547	997.79	449.64
Shareholders' Equity	36,618	35,150	32,828	30,438	27,921	22,705
Total Liabilities & Equity	51,543	49,177	46,658	44,051	35,005	28,653
Total Debt	11,830	10,953	9,469	7,843	3,745	2,385
Net Cash (Debt)	-8,825	-8,868	-8,071	-5,802	-489.9	503.91
Net Cash Per Share	-4.16	-4.18	-3.81	-2.74	-0.23	0.24
Filing Date Shares Outstanding	2,123	2,116	2,123	2,123	2,123	2,112
Total Common Shares Outstanding	2,123	2,116	2,123	2,123	2,123	2,112
Working Capital	4,865	3,120	1,849	2,134	5,011	4,172
Book Value Per Share	16.10	15.63	14.61	13.61	12.68	10.54
Tangible Book Value	31,329	30,223	28,651	26,944	25,186	20,759
Tangible Book Value Per Share	14.76	14.28	13.49	12.69	11.86	9.83
Buildings	-	8,716	7,252	6,705	3,538	-
Machinery	-	44,685	40,121	36,874	24,854	-
Construction In Progress	-	2,461	4,831	3,201	5,026	-

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