SHA:600526 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	1,986	2,223	1,566	1,786	1,535	937.43
Trading Asset Securities	-	180	-	-	-	-
Cash & Short-Term Investments	1,986	2,403	1,566	1,786	1,535	937.43
Cash Growth	-27.44%	53.46%	-12.34%	16.34%	63.77%	-12.50%
Accounts Receivable	3,725	3,899	3,987	3,854	3,110	2,652
Other Receivables	66.78	73.06	68.01	48.84	61.49	63.38
Receivables	3,792	3,972	4,055	3,903	3,171	2,716
Inventory	877.8	540.15	603.07	772.66	792	1,367
Prepaid Expenses	-	0.04	0	-	69.42	128.07
Other Current Assets	355.35	246.43	248.48	232.29	73.73	90.18
Total Current Assets	7,011	7,161	6,472	6,694	5,642	5,238
Property, Plant & Equipment	426.57	420.11	398.61	412.24	473.25	499.93
Long-Term Investments	96.4	101.73	85.39	72.59	64.46	61.23
Goodwill	1.8	1.8	1.8	1.8	1.8	1.8
Other Intangible Assets	3,873	3,907	4,176	2,464	2,618	2,967
Long-Term Accounts Receivable	-	436.24	484.72	586.91	598.03	655.56
Long-Term Deferred Tax Assets	170.88	171.78	143.89	126.4	121.76	106.68
Long-Term Deferred Charges	8.54	12.49	19.98	29.57	40.7	31.31
Other Long-Term Assets	482.22	144.05	159.09	152.51	159.74	148.66
Total Assets	12,070	12,356	11,942	10,540	9,719	9,710
Accounts Payable	3,183	3,355	3,089	2,755	1,989	1,899
Accrued Expenses	47.32	176.92	207.99	228.17	182.6	138.95
Short-Term Debt	663.03	942.98	1,148	535.38	1,155	2,247
Current Portion of Long-Term Debt	282.32	88.9	550.72	340.51	280.34	212.67
Current Portion of Leases	-	8.03	2.08	7.02	5.6	1.83
Current Income Taxes Payable	146.3	47.03	39.28	26.2	11.31	15.11
Current Unearned Revenue	1,035	933.07	921.63	621.58	505.91	820.07
Other Current Liabilities	429.87	583.64	288.41	250.61	178.04	238.8
Total Current Liabilities	5,786	6,136	6,246	4,764	4,307	5,573
Long-Term Debt	1,226	1,226	780.16	1,280	1,226	886.59
Long-Term Leases	17.25	14.43	9.78	10.47	16.39	12.95
Long-Term Unearned Revenue	98.95	101.56	111	122.8	135.37	150.39
Long-Term Deferred Tax Liabilities	0.04	0.03	0.05	6.38	5.39	-
Other Long-Term Liabilities	25.98	26.1	19.44	-	-	-
Total Liabilities	7,154	7,504	7,167	6,183	5,690	6,623
Common Stock	888.7	888.7	889.7	887.15	863.94	547.4
Additional Paid-In Capital	2,819	2,816	2,910	2,803	2,761	2,287
Retained Earnings	915.47	863.57	653.97	411.33	182.77	30.58
Comprehensive Income & Other	2.84	0.03	-6.48	13.08	1.56	-0.59
Total Common Equity	4,626	4,569	4,447	4,115	3,809	2,864
Minority Interest	289.96	283.96	328.04	241.87	220.28	222.92
Shareholders' Equity	4,916	4,853	4,775	4,357	4,029	3,087
Total Liabilities & Equity	12,070	12,356	11,942	10,540	9,719	9,710
Total Debt	2,188	2,280	2,490	2,173	2,683	3,361
Net Cash (Debt)	-202.1	122.82	-924.73	-386.8	-1,147	-2,423
Net Cash Per Share	-0.22	0.14	-1.04	-0.44	-1.50	-4.37
Filing Date Shares Outstanding	865.08	888.7	889.7	887.15	863.94	547.4
Total Common Shares Outstanding	865.08	888.7	889.7	887.15	863.94	547.4
Working Capital	1,224	1,025	225.63	1,930	1,334	-334.94
Book Value Per Share	5.35	5.14	5.00	4.64	4.41	5.23
Tangible Book Value	751.24	659.85	268.83	1,649	1,189	-104.43
Tangible Book Value Per Share	0.87	0.74	0.30	1.86	1.38	-0.19
Buildings	-	-	-	414.6	452.24	476.48
Machinery	-	300.69	299.57	287.16	290.47	280.96
Construction In Progress	-	41.04	12.82	-	2.12	2.03

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