SHA:600433 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	524.28	740.23	1,205	926.4	1,729	1,308
Short-Term Investments	-	632.89	159.47	-	-	-
Cash & Short-Term Investments	524.28	1,373	1,364	926.4	1,729	1,308
Cash Growth	-25.83%	0.65%	47.26%	-46.42%	32.22%	26.83%
Accounts Receivable	1,118	1,133	1,305	1,917	1,627	1,711
Other Receivables	710.62	27.37	22.28	34.93	23.23	37.94
Receivables	1,828	1,160	1,327	1,952	1,650	1,749
Inventory	1,462	1,398	1,469	1,034	1,086	823.52
Prepaid Expenses	-	5.22	3.42	8.73	11.86	3.99
Other Current Assets	696.69	385.59	459.75	394.54	227.63	237.3
Total Current Assets	4,511	4,322	4,624	4,315	4,704	4,121
Property, Plant & Equipment	5,644	5,678	4,700	4,236	3,793	3,776
Long-Term Investments	679.1	673.1	1,294	1,181	924.57	883.31
Goodwill	2.42	2.42	11.55	11.55	11.55	11.55
Other Intangible Assets	379.31	405.68	417.2	448.67	463.55	346.98
Long-Term Deferred Tax Assets	109.02	109.02	65.7	66.03	46.62	47.41
Long-Term Deferred Charges	49.97	49.32	32.15	67.94	65.15	58.51
Other Long-Term Assets	335.62	33.57	82.37	17.69	30.18	34.39
Total Assets	11,710	11,635	11,227	10,343	10,039	9,280
Accounts Payable	1,159	1,192	1,387	1,581	1,121	1,064
Accrued Expenses	45.14	141.78	78.99	110.93	124.87	139.7
Short-Term Debt	1,460	1,892	1,618	1,491	1,189	830.85
Current Portion of Long-Term Debt	808.35	522.44	34.13	49.16	-	5
Current Portion of Leases	-	3.64	11.75	12.45	14.07	6.02
Current Income Taxes Payable	24.06	0.49	21.46	2.65	8.31	24.9
Current Unearned Revenue	75.93	76.46	102.19	73.1	219.34	80.46
Other Current Liabilities	102.67	93.46	153.81	181.69	183.16	60.29
Total Current Liabilities	3,675	3,923	3,407	3,503	2,860	2,211
Long-Term Debt	1,868	2,074	1,512	624.95	50	90.26
Long-Term Leases	7.6	0.33	13.87	20.3	32.44	38.1
Long-Term Unearned Revenue	10.63	10.77	20.77	22.07	23.8	26.3
Long-Term Deferred Tax Liabilities	4.88	4.88	4.6	6.48	8.36	1.98
Other Long-Term Liabilities	121.59	0.57	0.21	1.24	2.09	2.77
Total Liabilities	5,688	6,013	4,958	4,178	2,977	2,371
Common Stock	1,750	1,750	1,760	1,845	1,845	1,839
Additional Paid-In Capital	616.18	616.18	633.44	825.03	831.51	878.31
Retained Earnings	2,046	1,866	2,274	2,083	2,597	2,398
Treasury Stock	-	-	-26.96	-281.72	-95.43	-99.98
Comprehensive Income & Other	0.2	-0.12	0.86	0.44	-4.56	-4.03
Total Common Equity	4,412	4,232	4,641	4,472	5,173	5,011
Minority Interest	1,610	1,390	1,627	1,694	1,889	1,898
Shareholders' Equity	6,023	5,622	6,268	6,166	7,062	6,909
Total Liabilities & Equity	11,710	11,635	11,227	10,343	10,039	9,280
Total Debt	4,144	4,493	3,190	2,198	1,285	970.22
Net Cash (Debt)	-3,620	-3,120	-1,825	-1,271	443.81	337.54
Net Cash Growth	-	-	-	-	31.48%	-
Net Cash Per Share	-1.99	-1.75	-0.99	-0.82	0.24	0.19
Filing Date Shares Outstanding	1,750	1,750	2,100	1,790	1,816	1,810
Total Common Shares Outstanding	1,750	1,750	2,100	1,790	1,816	1,810
Working Capital	836.23	399.29	1,217	812.77	1,844	1,910
Book Value Per Share	2.52	2.42	2.21	2.50	2.85	2.77
Tangible Book Value	4,031	3,824	4,213	4,012	4,698	4,652
Tangible Book Value Per Share	2.30	2.18	2.01	2.24	2.59	2.57
Buildings	-	2,343	2,259	2,120	2,125	2,127
Machinery	-	6,004	5,394	5,007	4,899	4,846
Construction In Progress	-	1,398	833.71	817.39	244.46	69.22

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