SHA:600508 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	2,159	2,000	2,704	3,162	3,186	1,021
Cash & Short-Term Investments	2,159	2,000	2,704	3,162	3,186	1,021
Cash Growth	-4.11%	-26.03%	-14.46%	-0.77%	211.97%	70.99%
Accounts Receivable	738.31	686.22	785.35	591.62	1,149	1,432
Other Receivables	51.68	54.18	6.54	9.55	10.22	12.21
Receivables	789.98	740.4	791.89	601.17	1,159	1,444
Inventory	498.4	332.99	254.28	289.68	450.16	279.41
Other Current Assets	194.48	167.52	153.46	379.67	137.76	32.19
Total Current Assets	3,642	3,241	3,904	4,432	4,933	2,777
Property, Plant & Equipment	13,796	13,844	13,744	13,522	12,278	12,788
Long-Term Investments	-	-	-	-	-	47.46
Other Intangible Assets	1,437	1,440	1,306	1,307	1,321	1,501
Long-Term Deferred Tax Assets	730.45	720.17	679.3	634.98	776.88	537.73
Other Long-Term Assets	127.78	122.35	53.91	41.34	31.93	53.92
Total Assets	19,733	19,368	19,688	19,938	19,340	17,705
Accounts Payable	1,101	322.02	248.01	393.67	450.58	647.43
Accrued Expenses	894.57	1,142	1,240	1,234	1,284	647.58
Short-Term Debt	-	0.08	104.51	-	-	600
Current Portion of Long-Term Debt	161.77	38.92	38.75	218.05	17.45	77.46
Current Portion of Leases	-	113.23	89.2	85.54	67.77	64.6
Current Income Taxes Payable	127.96	8.56	15.34	97.62	742.34	198.63
Current Unearned Revenue	251.47	95.2	210.74	194.81	267.04	212.56
Other Current Liabilities	671.41	1,228	1,291	1,376	1,426	1,584
Total Current Liabilities	3,208	2,948	3,237	3,599	4,255	4,032
Long-Term Debt	1,560	1,668	1,350	1,257	1,103	1,188
Long-Term Leases	601.47	624.59	621.14	710.34	322.33	390.09
Long-Term Unearned Revenue	33.73	34.08	34.78	17.51	17.52	0.06
Other Long-Term Liabilities	1,694	1,579	1,681	1,742	1,504	1,567
Total Liabilities	7,098	6,853	6,925	7,326	7,203	7,177
Common Stock	722.72	722.72	722.72	722.72	722.72	722.72
Additional Paid-In Capital	916.98	916.98	916.98	916.98	916.98	916.98
Retained Earnings	11,003	10,931	10,951	10,708	10,285	8,664
Comprehensive Income & Other	112.63	63.47	218.52	264.43	231.41	182.3
Total Common Equity	12,756	12,634	12,810	12,612	12,157	10,486
Minority Interest	-120.88	-118.67	-46.09	0.03	-19.11	41.59
Shareholders' Equity	12,635	12,515	12,763	12,612	12,137	10,527
Total Liabilities & Equity	19,733	19,368	19,688	19,938	19,340	17,705
Total Debt	2,323	2,444	2,204	2,271	1,511	2,320
Net Cash (Debt)	-164.27	-443.94	500.79	890.33	1,675	-1,299
Net Cash Growth	-	-	-43.75%	-46.85%	-	-
Net Cash Per Share	-0.23	-0.61	0.69	1.23	2.32	-1.80
Filing Date Shares Outstanding	739.81	722.72	722.72	722.72	722.72	722.72
Total Common Shares Outstanding	739.81	722.72	722.72	722.72	722.72	722.72
Working Capital	433.5	293.2	666.6	833.05	677.73	-1,256
Book Value Per Share	17.24	17.48	17.72	17.45	16.82	14.51
Tangible Book Value	11,319	11,193	11,503	11,305	10,836	8,985
Tangible Book Value Per Share	15.30	15.49	15.92	15.64	14.99	12.43
Buildings	-	3,705	3,537	3,373	3,615	3,753
Machinery	-	12,237	11,667	10,965	9,979	10,536
Construction In Progress	-	2,027	1,986	1,621	1,626	1,720

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