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

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