SHA:600521 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	1,897	1,504	1,537	1,342	1,365	1,876
Trading Asset Securities	77.47	75.98	60.79	93.04	143.07	1.01
Cash & Short-Term Investments	1,975	1,580	1,597	1,435	1,508	1,877
Cash Growth	-16.10%	-1.07%	11.28%	-4.82%	-19.66%	-15.13%
Accounts Receivable	3,035	3,172	3,235	2,557	2,831	1,906
Other Receivables	325.69	40.04	38.76	28.4	47.43	40.85
Receivables	3,361	3,212	3,274	2,585	2,879	1,947
Inventory	3,646	3,712	3,413	3,432	3,375	2,739
Prepaid Expenses	-	-	5.11	4.25	-	-
Other Current Assets	237.21	237.32	193.06	164.61	145.35	250.18
Total Current Assets	9,219	8,742	8,483	7,622	7,907	6,813
Property, Plant & Equipment	9,567	9,472	8,571	7,994	7,307	5,961
Long-Term Investments	911.1	770.06	796.17	785.25	863.17	1,027
Goodwill	64.45	64.45	64.45	64.45	70.9	70.9
Other Intangible Assets	1,140	1,158	1,196	1,113	1,072	970.6
Long-Term Deferred Tax Assets	192.09	194.78	189.67	171.99	183.9	110.15
Long-Term Deferred Charges	1,120	1,098	960.16	843.04	737.88	508.28
Other Long-Term Assets	2.39	2.93	1.09	6.45	9.46	7.87
Total Assets	22,216	21,503	20,261	18,600	18,152	15,468
Accounts Payable	1,617	1,807	1,585	1,387	1,203	881.79
Accrued Expenses	182.33	340.64	997.44	735.43	898.42	791.6
Short-Term Debt	3,110	2,860	2,110	1,583	1,397	1,314
Current Portion of Long-Term Debt	3,297	3,261	943.47	1,191	630.76	630.99
Current Portion of Leases	-	-	14.11	16.82	16.72	13.82
Current Income Taxes Payable	102.45	126.39	81.68	91.14	264.11	187.9
Current Unearned Revenue	38.44	34.99	54.4	33.51	67.7	66.71
Other Current Liabilities	756.69	682.38	189.5	407.71	321.64	348.93
Total Current Liabilities	9,105	9,112	5,976	5,445	4,799	4,236
Long-Term Debt	2,238	1,841	4,394	4,022	4,678	3,498
Long-Term Leases	24.69	75.64	16.99	44.93	59.14	66.41
Long-Term Unearned Revenue	643.52	661.84	698.95	665.44	532.09	448.44
Other Long-Term Liabilities	350.8	356.02	155.9	171.02	338	443.51
Total Liabilities	12,362	12,047	11,241	10,349	10,406	8,692
Common Stock	1,497	1,497	1,467	1,483	1,483	1,492
Additional Paid-In Capital	1,612	1,610	1,185	1,296	1,322	1,381
Retained Earnings	6,599	6,195	6,301	5,470	4,992	3,971
Treasury Stock	-100.01	-100.01	-300.05	-416.91	-484.25	-521.84
Comprehensive Income & Other	238.54	240.17	244.47	244.43	233.98	236.54
Total Common Equity	9,847	9,443	8,898	8,077	7,547	6,559
Minority Interest	7.55	13.35	122.25	174.26	199.07	217.48
Shareholders' Equity	9,855	9,456	9,020	8,251	7,746	6,776
Total Liabilities & Equity	22,216	21,503	20,261	18,600	18,152	15,468
Total Debt	8,670	8,038	7,478	6,858	6,782	5,523
Net Cash (Debt)	-6,695	-6,457	-5,881	-5,422	-5,273	-3,646
Net Cash Per Share	-4.46	-4.36	-4.06	-3.72	-3.61	-2.54
Filing Date Shares Outstanding	1,497	1,531	1,449	1,468	1,473	1,484
Total Common Shares Outstanding	1,497	1,531	1,449	1,468	1,473	1,484
Working Capital	114.12	-370.11	2,507	2,176	3,109	2,577
Book Value Per Share	6.58	6.17	5.97	5.34	4.96	4.26
Tangible Book Value	8,642	8,220	7,637	6,899	6,403	5,517
Tangible Book Value Per Share	5.77	5.37	5.10	4.54	4.18	3.56
Buildings	-	-	4,527	3,757	2,839	2,151
Machinery	-	-	6,228	5,546	152.08	3,827
Construction In Progress	-	-	2,188	2,317	2,803	2,502

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