SHA:600480 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	3,712	3,530	3,447	3,292	3,473	2,384
Trading Asset Securities	0.06	-	-	0.02	0.02	1.45
Cash & Short-Term Investments	3,712	3,530	3,447	3,292	3,473	2,385
Cash Growth	14.12%	2.41%	4.71%	-5.20%	45.58%	1.89%
Accounts Receivable	6,953	7,141	6,468	6,123	5,021	5,018
Other Receivables	52.9	47.86	37.53	42.04	50.03	63.24
Receivables	7,005	7,189	6,505	6,165	5,071	5,081
Inventory	2,594	2,449	2,073	2,125	2,105	2,168
Prepaid Expenses	-	-	-	-	11.04	0.67
Other Current Assets	647.99	645.8	495.95	442.88	339.37	366.76
Total Current Assets	13,959	13,814	12,521	12,025	10,999	10,002
Property, Plant & Equipment	5,154	5,199	4,891	4,876	4,723	4,515
Long-Term Investments	523.08	471.85	513.49	470.54	436.4	429.6
Goodwill	6.44	6.44	9.18	9.18	9.18	17.7
Other Intangible Assets	350.48	335.81	339.31	340.4	358.55	361.48
Long-Term Deferred Tax Assets	287.27	292.07	247.27	221.74	205.71	215.92
Long-Term Deferred Charges	644.77	677.61	681.59	947.19	930.67	970.15
Other Long-Term Assets	137.78	133.03	176.26	158.8	206.64	144.74
Total Assets	21,063	20,930	19,379	19,049	17,870	16,656
Accounts Payable	6,584	6,782	5,769	5,135	4,299	3,914
Accrued Expenses	405.92	422.86	1,124	1,076	511.14	566.24
Short-Term Debt	1,435	1,343	816.66	1,564	1,641	2,781
Current Portion of Long-Term Debt	108.38	110.71	709.57	191.41	621.35	274.35
Current Portion of Leases	-	-	89.68	85.4	120.69	135.14
Current Income Taxes Payable	172.73	180.21	48.81	41.09	57.03	82.65
Current Unearned Revenue	212.96	182.79	365.67	465.09	302.91	357.22
Other Current Liabilities	920.61	930.73	177.77	164.08	521.83	462.28
Total Current Liabilities	9,840	9,953	9,101	8,723	8,074	8,573
Long-Term Debt	-	-	-	656.4	700.15	728.73
Long-Term Leases	437.99	447.99	412.66	476.74	484.86	529.55
Long-Term Unearned Revenue	84.81	89.48	91.2	91.91	110.71	124.7
Pension & Post-Retirement Benefits	-	-	5.45	4.15	4.15	2.15
Long-Term Deferred Tax Liabilities	5	5.11	4.92	4.16	8.72	11.72
Other Long-Term Liabilities	83.77	91.74	115.5	28.22	29.06	19.15
Total Liabilities	10,451	10,587	9,731	9,984	9,412	9,989
Common Stock	1,222	1,222	940.5	940.61	916.97	763.46
Additional Paid-In Capital	3,415	3,412	3,678	3,595	3,483	2,270
Retained Earnings	3,495	3,342	2,911	2,585	2,054	1,809
Treasury Stock	-27.73	-53.59	-100.59	-109.32	-	-
Comprehensive Income & Other	146.14	129.85	40.22	-1.02	-3.22	-10.86
Total Common Equity	8,251	8,052	7,469	7,011	6,451	4,832
Minority Interest	2,361	2,291	2,179	2,054	2,006	1,836
Shareholders' Equity	10,612	10,343	9,648	9,065	8,458	6,668
Total Liabilities & Equity	21,063	20,930	19,379	19,049	17,870	16,656
Total Debt	1,981	1,902	2,029	2,974	3,568	4,448
Net Cash (Debt)	1,731	1,628	1,418	318.01	-95.02	-2,063
Net Cash Growth	69.03%	14.79%	346.05%	-	-	-
Net Cash Per Share	1.43	1.35	1.18	0.27	-0.08	-2.08
Filing Date Shares Outstanding	1,180	1,239	1,223	1,166	1,192	992.5
Total Common Shares Outstanding	1,180	1,239	1,223	1,166	1,192	992.5
Working Capital	4,120	3,862	3,420	3,303	2,925	1,430
Book Value Per Share	6.99	6.50	6.11	6.01	5.41	4.87
Tangible Book Value	7,894	7,710	7,121	6,661	6,084	4,453
Tangible Book Value Per Share	6.69	6.22	5.82	5.71	5.10	4.49
Buildings	-	-	1,758	1,764	1,677	1,605
Machinery	-	-	6,136	5,603	5,005	4,673
Construction In Progress	-	-	343.79	396.3	528.09	344.63

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