SHA:600436 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	1,957	1,256	1,488	1,159	2,496	7,097
Short-Term Investments	-	1,292	3,520	9,014	6,202	-
Trading Asset Securities	-	-	-	-	-	8.8
Cash & Short-Term Investments	1,957	2,548	5,008	10,173	8,698	7,106
Cash Growth	40.36%	-49.12%	-50.78%	16.95%	22.42%	37.48%
Accounts Receivable	942.87	830.91	894.43	1,021	859.49	673.3
Other Receivables	115.53	67.9	63.95	65.15	107.94	134.95
Receivables	1,058	898.81	958.38	1,086	967.43	808.25
Inventory	6,278	6,679	4,967	3,379	2,628	2,438
Prepaid Expenses	-	97.28	12.82	14.05	4.55	20.68
Other Current Assets	2,135	445.83	382.92	447.9	406.61	261.36
Total Current Assets	11,428	10,669	11,329	15,100	12,705	10,633
Property, Plant & Equipment	2,047	1,937	1,508	614.62	465.62	400.14
Long-Term Investments	1,304	1,364	870.45	631.98	673.7	799.87
Other Intangible Assets	263.85	267.49	273.1	291.09	319.37	220.96
Long-Term Deferred Tax Assets	118.46	115.43	155.5	187.31	167.26	166.98
Long-Term Deferred Charges	28.69	30.54	34.05	29.99	37.65	44.19
Other Long-Term Assets	3,194	3,177	3,370	225.4	235.41	255.59
Total Assets	18,385	17,560	17,540	17,080	14,604	12,521
Accounts Payable	567.29	547.81	480.01	667.92	464.9	386.99
Accrued Expenses	140.21	275.91	485.41	685.98	345.39	342.14
Short-Term Debt	841.4	838.13	892.79	989.93	970.96	775.79
Current Portion of Long-Term Debt	44.33	7.67	6.99	1.87	-	-
Current Portion of Leases	-	32.62	35.81	31.86	29.21	22.75
Current Income Taxes Payable	206.28	5.06	59.07	142.65	72.93	108.96
Current Unearned Revenue	232.18	269.18	270.81	237.1	468.57	326.56
Other Current Liabilities	243.98	148.2	142.92	125.8	158.22	173.9
Total Current Liabilities	2,276	2,125	2,374	2,883	2,510	2,137
Long-Term Debt	52.28	56.08	58.15	35.44	-	-
Long-Term Leases	130.01	127.66	154.58	107.29	108.8	86.67
Long-Term Unearned Revenue	25.86	26.26	26.68	17.67	17.01	20.24
Pension & Post-Retirement Benefits	52.68	53.17	53.28	35.04	34.29	32.23
Long-Term Deferred Tax Liabilities	61.51	52.98	0.33	30.02	61.09	74.52
Other Long-Term Liabilities	30.37	31.23	34.1	51.35	48.54	32.88
Total Liabilities	2,628	2,472	2,701	3,160	2,780	2,384
Common Stock	603.32	603.32	603.32	603.32	603.32	603.32
Additional Paid-In Capital	1,095	1,095	1,095	1,095	1,094	1,086
Retained Earnings	13,453	12,709	12,497	11,602	9,559	7,816
Comprehensive Income & Other	61.71	132.18	76.92	76.6	74.41	200.05
Total Common Equity	15,213	14,539	14,272	13,376	11,330	9,705
Minority Interest	543.73	548.58	567.01	544.17	493.97	432.07
Shareholders' Equity	15,756	15,088	14,839	13,920	11,824	10,138
Total Liabilities & Equity	18,385	17,560	17,540	17,080	14,604	12,521
Total Debt	1,068	1,062	1,148	1,166	1,109	885.21
Net Cash (Debt)	888.8	1,486	3,859	9,007	7,589	6,220
Net Cash Growth	186.81%	-61.50%	-57.15%	18.67%	22.01%	39.78%
Net Cash Per Share	1.47	2.46	6.39	14.94	12.59	10.31
Filing Date Shares Outstanding	603.32	603.32	603.32	603.32	603.32	603.32
Total Common Shares Outstanding	603.32	603.32	603.32	603.32	603.32	603.32
Working Capital	9,153	8,544	8,955	12,217	10,195	8,496
Book Value Per Share	25.21	24.10	23.66	22.17	18.78	16.09
Tangible Book Value	14,949	14,272	13,999	13,085	11,011	9,484
Tangible Book Value Per Share	24.78	23.66	23.20	21.69	18.25	15.72
Buildings	-	624.02	1,095	400.13	331.45	332.55
Machinery	-	408.37	368.02	345.33	324.4	300.25
Construction In Progress	-	1,248	314.85	157.19	60.78	14.94

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