SHA:600488 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	702.57	824.6	638.46	718.86	647.74	232.22
Cash & Short-Term Investments	702.57	824.6	638.46	718.86	647.74	232.22
Cash Growth	-4.91%	29.15%	-11.18%	10.98%	178.94%	-4.97%
Accounts Receivable	669.58	723.35	459.12	578.33	498.17	596.38
Other Receivables	68.88	38.08	22.64	30.8	27.09	30.75
Receivables	738.46	761.44	481.76	609.13	525.26	627.13
Inventory	605.79	583.84	651.92	725.58	1,158	975.64
Prepaid Expenses	-	0.7	1.15	-	-	-
Other Current Assets	36.48	25.58	31.18	54.5	29.96	47.58
Total Current Assets	2,083	2,196	1,804	2,108	2,360	1,883
Property, Plant & Equipment	2,654	2,677	2,875	3,069	3,174	3,348
Long-Term Investments	250.04	249.75	227.88	164.2	307.15	360.64
Other Intangible Assets	375.52	388.59	349.66	303.66	254.61	192.38
Long-Term Deferred Tax Assets	55.36	50.78	28.88	41.81	40.38	32.1
Long-Term Deferred Charges	128.59	120.51	180.91	168.41	175.11	150.97
Other Long-Term Assets	87.29	77.26	231.49	287.15	338.69	378.31
Total Assets	5,635	5,760	5,698	6,142	6,651	6,345
Accounts Payable	553.7	575.28	638.69	719.55	792.9	565.94
Accrued Expenses	62.44	173.88	184.55	161.15	84.33	64.77
Short-Term Debt	88.07	167.87	108.58	270.25	648.34	588.63
Current Portion of Long-Term Debt	38.9	-	-	404.59	295.83	421.09
Current Portion of Leases	-	0.16	0.17	0.11	0.38	30.27
Current Income Taxes Payable	21.14	6.74	0.87	0.85	1.65	16.7
Current Unearned Revenue	45.82	52.73	79.73	137.19	134.11	68.35
Other Current Liabilities	193.56	190.59	202.42	246.6	322.55	267.8
Total Current Liabilities	1,004	1,167	1,215	1,940	2,280	2,024
Long-Term Debt	535.11	535.11	424.6	277	458.64	367.24
Long-Term Leases	23.62	0.09	0.11	-	0.12	0.27
Long-Term Unearned Revenue	127.09	132.41	140.83	144.99	117.7	89.56
Long-Term Deferred Tax Liabilities	33.99	29.86	27.96	18.12	39.3	47.53
Other Long-Term Liabilities	0.24	0.24	3.92	8.77	1.01	-
Total Liabilities	1,724	1,865	1,812	2,389	2,897	2,528
Common Stock	1,092	1,092	1,092	1,094	1,096	1,100
Additional Paid-In Capital	321.1	320.99	320.32	322.19	327.1	335.01
Retained Earnings	1,507	1,493	1,534	1,495	1,389	1,369
Treasury Stock	-	-	-	-4.73	-10.34	-18.85
Comprehensive Income & Other	129.31	128.5	111.41	46.95	170.35	207.88
Total Common Equity	3,049	3,034	3,057	2,954	2,973	2,993
Minority Interest	861.77	860.41	828.52	799.75	781.33	823.83
Shareholders' Equity	3,911	3,895	3,886	3,753	3,754	3,817
Total Liabilities & Equity	5,635	5,760	5,698	6,142	6,651	6,345
Total Debt	685.69	703.23	533.46	951.96	1,403	1,407
Net Cash (Debt)	16.88	121.37	105	-233.1	-755.57	-1,175
Net Cash Growth	-75.08%	15.59%	-	-	-	-
Net Cash Per Share	0.02	0.11	0.10	-0.21	-0.68	-1.09
Filing Date Shares Outstanding	1,092	1,092	1,092	1,094	1,096	1,100
Total Common Shares Outstanding	1,092	1,092	1,092	1,094	1,096	1,100
Working Capital	1,080	1,029	589.46	167.77	80.39	-140.98
Book Value Per Share	2.79	2.78	2.80	2.70	2.71	2.72
Tangible Book Value	2,674	2,646	2,708	2,650	2,718	2,801
Tangible Book Value Per Share	2.45	2.42	2.48	2.42	2.48	2.55
Buildings	-	2,285	2,290	2,277	2,198	1,792
Machinery	-	2,580	2,565	2,541	2,405	2,149
Construction In Progress	-	65.79	44.52	34.44	126.71	544.34