SHA:600496 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	5,529	6,579	5,201	4,578	4,424	2,766
Trading Asset Securities	255.58	207.52	190.42	-	20	-
Cash & Short-Term Investments	5,785	6,787	5,391	4,578	4,444	2,766
Cash Growth	4.85%	25.88%	17.76%	3.02%	60.66%	-11.78%
Accounts Receivable	14,109	14,518	13,379	11,822	10,676	8,625
Other Receivables	447.5	400.02	371.1	350.06	333.05	470.01
Receivables	14,556	14,918	13,750	12,172	11,010	9,095
Inventory	1,931	1,806	1,588	1,431	1,327	1,359
Other Current Assets	1,008	602.7	597.28	495.62	609.1	772.67
Total Current Assets	23,280	24,113	21,327	18,677	17,390	13,993
Property, Plant & Equipment	1,564	1,556	1,603	1,622	1,553	1,145
Long-Term Investments	1,432	1,446	1,445	1,388	1,408	1,622
Goodwill	315.31	315.31	315.31	315.31	315.31	315.31
Other Intangible Assets	363.76	370.37	337.26	363.24	404.48	366.21
Long-Term Accounts Receivable	127.17	119.04	116.23	81.99	70.75	100.6
Long-Term Deferred Tax Assets	229.72	238.22	229.44	185.52	160.29	137
Long-Term Deferred Charges	34.57	26.56	31.17	30.7	22.35	22.89
Other Long-Term Assets	28.58	60.68	210.08	663.5	778.22	654.13
Total Assets	27,375	28,245	25,614	23,327	22,103	18,357
Accounts Payable	10,274	11,829	10,226	8,857	7,531	6,668
Accrued Expenses	84.91	383.72	378.75	340.66	227.22	289.24
Short-Term Debt	1,123	1,063	946.96	1,226	1,283	1,950
Current Portion of Long-Term Debt	526.71	468.25	503.08	296.85	104.05	-
Current Portion of Leases	-	-	-	-	-	79.49
Current Income Taxes Payable	255.45	20.64	66.46	22.47	23.89	32.3
Current Unearned Revenue	2,038	1,597	1,523	1,397	1,704	1,209
Other Current Liabilities	1,147	1,040	677.31	332.1	406.99	247.26
Total Current Liabilities	15,448	16,402	14,321	12,472	11,279	10,475
Long-Term Debt	2,277	2,313	2,210	2,199	2,720	187.29
Long-Term Leases	48.61	48.08	45.78	43.6	41.46	39.53
Long-Term Unearned Revenue	40.28	41.28	44.74	48.43	48.94	30.19
Long-Term Deferred Tax Liabilities	12.45	16.41	13.64	6.09	5.03	47.16
Other Long-Term Liabilities	4.28	4.49	4.3	13.21	7.74	21.61
Total Liabilities	17,831	18,825	16,640	14,782	14,102	10,801
Common Stock	1,990	1,990	2,013	2,013	2,013	2,013
Additional Paid-In Capital	1,640	1,640	1,717	1,717	1,666	1,667
Retained Earnings	5,695	5,544	5,098	4,706	4,229	3,602
Treasury Stock	-	-	-100	-100	-100	-
Comprehensive Income & Other	187.49	216.11	213.22	176.18	165.12	237.64
Total Common Equity	9,513	9,390	8,941	8,512	7,973	7,519
Minority Interest	30.57	29.37	32.63	33.1	27.06	36.77
Shareholders' Equity	9,544	9,420	8,974	8,545	8,000	7,556
Total Liabilities & Equity	27,375	28,245	25,614	23,327	22,103	18,357
Total Debt	3,975	3,892	3,706	3,765	4,148	2,256
Net Cash (Debt)	1,810	2,894	1,686	812.99	296	510.19
Net Cash Growth	3.12%	71.69%	107.36%	174.66%	-41.98%	-55.60%
Net Cash Per Share	0.87	1.36	0.80	0.37	0.14	0.25
Filing Date Shares Outstanding	1,990	1,990	1,990	1,990	1,990	2,013
Total Common Shares Outstanding	1,990	1,990	1,990	1,990	1,990	2,013
Working Capital	7,831	7,711	7,005	6,205	6,111	3,519
Book Value Per Share	4.78	4.72	4.49	4.28	4.01	3.74
Tangible Book Value	8,834	8,705	8,289	7,833	7,254	6,838
Tangible Book Value Per Share	4.44	4.37	4.17	3.94	3.64	3.40
Buildings	-	1,732	1,698	1,649	1,341	1,158
Machinery	-	1,097	1,072	1,064	914.74	811.56
Construction In Progress	-	28.47	16.66	16.11	322.61	135.79
Order Backlog	-	24,899	-	-	-	-

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