SHA:600459 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	2,942	2,887	1,780	3,188	2,179
Trading Asset Securities	200	-	-	-	-
Cash & Short-Term Investments	3,142	2,887	1,780	3,188	2,179
Cash Growth	8.83%	62.17%	-44.15%	46.30%	43.68%
Accounts Receivable	3,186	4,469	2,884	3,274	3,473
Other Receivables	174.03	461.01	497.52	374.32	352.7
Receivables	3,360	4,930	3,381	3,648	3,825
Inventory	9,922	4,330	4,231	3,905	3,512
Prepaid Expenses	-	0	0.09	2.17	-
Other Current Assets	939.43	376.38	484.72	496.7	485.72
Total Current Assets	17,365	12,524	9,877	11,240	10,002
Property, Plant & Equipment	1,831	1,476	1,368	1,300	1,176
Long-Term Investments	80.05	72.97	66.94	60.56	45.42
Goodwill	75.28	75.28	75.28	75.28	85.17
Other Intangible Assets	309.26	242.82	209.58	182.05	94.04
Long-Term Deferred Tax Assets	161.22	112.09	83.46	84.16	56.69
Long-Term Deferred Charges	13.39	2.51	69.67	105.88	90.23
Other Long-Term Assets	39.54	38.58	23.8	29.85	79.37
Total Assets	19,875	14,544	11,775	13,078	11,630
Accounts Payable	1,952	1,417	336.03	472.38	387.06
Accrued Expenses	71.07	137	114.42	104.21	94.77
Short-Term Debt	4,904	1,193	710.15	693.99	1,955
Current Portion of Long-Term Debt	456.28	803.81	18.22	1,620	616.47
Current Portion of Leases	-	4.78	0.2	1.81	1.8
Current Income Taxes Payable	155.67	54.25	33.23	44.55	21.08
Current Unearned Revenue	466.15	358.7	361.43	221.48	551
Other Current Liabilities	2,570	774.72	936.74	1,072	626.31
Total Current Liabilities	10,575	4,743	2,510	4,231	4,254
Long-Term Debt	349.79	1,589	1,797	2,000	2,836
Long-Term Leases	36.97	22.34	9.44	9.72	1.98
Long-Term Unearned Revenue	678.34	559.87	538.34	496.45	430.28
Pension & Post-Retirement Benefits	-	14.22	14.31	14.25	19.28
Long-Term Deferred Tax Liabilities	16.82	15.92	16.63	15.59	13.92
Other Long-Term Liabilities	144.7	234.7	113.98	115.02	88.77
Total Liabilities	11,802	7,179	5,000	6,882	7,644
Common Stock	759.81	760.73	760.98	761.07	591.16
Additional Paid-In Capital	4,603	4,611	4,563	4,449	2,725
Retained Earnings	2,208	1,750	1,315	972.15	683.37
Treasury Stock	-1.16	-79.27	-152.78	-254.79	-254.79
Comprehensive Income & Other	66.54	34.24	21.25	11.15	-3.04
Total Common Equity	7,636	7,077	6,508	5,938	3,742
Minority Interest	436.71	288.8	266.56	257.25	243.59
Shareholders' Equity	8,073	7,366	6,774	6,196	3,985
Total Liabilities & Equity	19,875	14,544	11,775	13,078	11,630
Total Debt	5,747	3,613	2,535	4,326	5,412
Net Cash (Debt)	-2,605	-725.11	-754.8	-1,138	-3,233
Net Cash Per Share	-3.42	-0.96	-1.00	-1.93	-5.66
Filing Date Shares Outstanding	774.7	760.73	760.98	761.07	591.16
Total Common Shares Outstanding	774.7	760.73	760.98	761.07	591.16
Working Capital	6,789	7,781	7,367	7,009	5,749
Book Value Per Share	9.86	9.30	8.55	7.80	6.33
Tangible Book Value	7,251	6,759	6,223	5,681	3,563
Tangible Book Value Per Share	9.36	8.88	8.18	7.46	6.03
Buildings	-	681.59	738.64	734.48	732.85
Machinery	-	1,265	1,237	1,150	889.34
Construction In Progress	-	293.91	114.42	32.82	88.87

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