SHA:600459 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	2,494	2,942	2,887	1,780	3,188	2,179
Trading Asset Securities	-	200	-	-	-	-
Cash & Short-Term Investments	2,494	3,142	2,887	1,780	3,188	2,179
Cash Growth	-3.28%	8.83%	62.17%	-44.15%	46.30%	43.68%
Accounts Receivable	4,487	3,186	4,469	2,884	3,274	3,473
Other Receivables	468.89	732.41	461.01	497.52	374.32	352.7
Receivables	4,955	3,919	4,930	3,381	3,648	3,825
Inventory	11,509	9,922	4,330	4,231	3,905	3,512
Prepaid Expenses	-	0	0	0.09	2.17	-
Other Current Assets	2,092	381.05	376.38	484.72	496.7	485.72
Total Current Assets	21,050	17,365	12,524	9,877	11,240	10,002
Property, Plant & Equipment	1,865	1,831	1,476	1,368	1,300	1,176
Long-Term Investments	80.05	80.05	72.97	66.94	60.56	45.42
Goodwill	75.28	75.28	75.28	75.28	75.28	85.17
Other Intangible Assets	309.53	309.26	242.82	209.58	182.05	94.04
Long-Term Deferred Tax Assets	168.96	161.22	112.09	83.46	84.16	56.69
Long-Term Deferred Charges	13.36	13.39	2.51	69.67	105.88	90.23
Other Long-Term Assets	52.64	39.54	38.58	23.8	29.85	79.37
Total Assets	23,615	19,875	14,544	11,775	13,078	11,630
Accounts Payable	2,152	1,905	1,417	336.03	472.38	387.06
Accrued Expenses	122.99	140.84	137	114.42	104.21	94.77
Short-Term Debt	7,449	4,904	1,193	710.15	693.99	1,955
Current Portion of Long-Term Debt	290.1	448.95	803.81	18.22	1,620	616.47
Current Portion of Leases	-	3.26	4.78	0.2	1.81	1.8
Current Income Taxes Payable	150.16	73.4	54.25	33.23	44.55	21.08
Current Unearned Revenue	877.77	478.03	358.7	361.43	221.48	551
Other Current Liabilities	3,170	2,622	774.72	936.74	1,072	626.31
Total Current Liabilities	14,212	10,575	4,743	2,510	4,231	4,254
Long-Term Debt	256.48	349.79	1,589	1,797	2,000	2,836
Long-Term Leases	42.51	36.97	22.34	9.44	9.72	1.98
Long-Term Unearned Revenue	664.28	678.34	559.87	538.34	496.45	430.28
Pension & Post-Retirement Benefits	13.95	14.01	14.22	14.31	14.25	19.28
Long-Term Deferred Tax Liabilities	16.86	16.82	15.92	16.63	15.59	13.92
Other Long-Term Liabilities	122.7	130.69	234.7	113.98	115.02	88.77
Total Liabilities	15,329	11,802	7,179	5,000	6,882	7,644
Common Stock	759.81	759.81	760.73	760.98	761.07	591.16
Additional Paid-In Capital	4,603	4,603	4,611	4,563	4,449	2,725
Retained Earnings	2,430	2,208	1,750	1,315	972.15	683.37
Treasury Stock	-1.16	-1.16	-79.27	-152.78	-254.79	-254.79
Comprehensive Income & Other	45.4	66.54	34.24	21.25	11.15	-3.04
Total Common Equity	7,837	7,636	7,077	6,508	5,938	3,742
Minority Interest	449.46	436.71	288.8	266.56	257.25	243.59
Shareholders' Equity	8,286	8,073	7,366	6,774	6,196	3,985
Total Liabilities & Equity	23,615	19,875	14,544	11,775	13,078	11,630
Total Debt	8,038	5,743	3,613	2,535	4,326	5,412
Net Cash (Debt)	-5,544	-2,601	-725.11	-754.8	-1,138	-3,233
Net Cash Per Share	-7.24	-3.41	-0.96	-1.00	-1.93	-5.66
Filing Date Shares Outstanding	759.81	759.81	760.73	760.98	761.07	591.16
Total Common Shares Outstanding	759.81	759.81	760.73	760.98	761.07	591.16
Working Capital	6,838	6,789	7,781	7,367	7,009	5,749
Book Value Per Share	10.31	10.05	9.30	8.55	7.80	6.33
Tangible Book Value	7,452	7,251	6,759	6,223	5,681	3,563
Tangible Book Value Per Share	9.81	9.54	8.88	8.18	7.46	6.03
Buildings	-	1,050	681.59	738.64	734.48	732.85
Machinery	-	1,417	1,265	1,237	1,150	889.34
Construction In Progress	-	203.04	293.91	114.42	32.82	88.87