SHA:600528 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	5,707	6,879	6,897	6,981	7,621	7,511
Cash & Short-Term Investments	5,707	6,879	6,897	6,981	7,621	7,511
Cash Growth	31.06%	-0.27%	-1.19%	-8.41%	1.47%	-3.52%
Accounts Receivable	20,432	21,181	20,204	16,920	14,137	11,089
Other Receivables	348.99	399.94	433.63	507.57	61.83	75
Receivables	20,781	21,580	20,638	17,427	14,198	11,164
Inventory	20,529	20,702	20,430	17,491	16,111	14,801
Prepaid Expenses	-	127.77	51.61	48.57	29.41	38.79
Other Current Assets	1,996	1,653	2,580	2,720	2,363	2,662
Total Current Assets	49,012	50,941	50,597	44,668	40,323	36,178
Property, Plant & Equipment	7,455	7,377	7,259	7,169	6,813	6,728
Long-Term Investments	1,792	1,666	1,557	1,485	1,600	1,647
Other Intangible Assets	1,596	1,611	1,455	1,443	1,591	1,635
Long-Term Accounts Receivable	28.08	2,634	2,599	2,431	1,865	1,547
Long-Term Deferred Tax Assets	238.85	231.07	194	167.79	189.02	215.36
Long-Term Deferred Charges	512.82	514.86	139.12	127.5	583.5	617.42
Other Long-Term Assets	2,636	109.3	156.78	178.16	556.69	608.79
Total Assets	63,271	65,085	63,956	57,668	53,521	49,177
Accounts Payable	19,959	16,551	16,868	14,191	13,519	11,852
Accrued Expenses	38.83	4,949	5,058	4,551	3,940	2,515
Short-Term Debt	13.17	255.67	395.54	329.79	481.4	469.87
Current Portion of Long-Term Debt	-	19.83	34	24	28.7	-
Current Portion of Leases	-	34.05	39.63	75.87	65.2	115.52
Current Income Taxes Payable	198.12	92.29	175.1	172.1	160.62	166.61
Current Unearned Revenue	10,995	11,413	11,024	8,621	8,434	8,299
Other Current Liabilities	2,568	2,558	2,289	3,168	1,632	1,764
Total Current Liabilities	33,772	35,873	35,883	31,133	28,261	25,182
Long-Term Debt	315.36	275.46	18.9	52.9	62.9	117.34
Long-Term Leases	50.77	50.41	89	18.09	18.26	13.07
Long-Term Unearned Revenue	132.28	130.71	125.9	164.84	173.97	205.61
Pension & Post-Retirement Benefits	14.75	16.04	18.45	20.23	27.52	35.92
Long-Term Deferred Tax Liabilities	76.67	78.06	60.53	69.44	107.47	65.27
Other Long-Term Liabilities	250.35	288.58	423.33	398.28	360.2	296.63
Total Liabilities	34,612	36,712	36,619	31,857	29,011	25,916
Common Stock	2,222	2,222	2,222	2,222	2,222	2,222
Additional Paid-In Capital	5,386	5,398	5,398	5,398	5,396	5,384
Retained Earnings	17,849	17,529	16,456	14,996	13,583	12,185
Comprehensive Income & Other	2,551	2,552	2,547	2,554	2,693	2,893
Total Common Equity	28,007	27,700	26,623	25,170	23,894	22,684
Minority Interest	651.73	672.89	714.54	642.05	615.95	577.25
Shareholders' Equity	28,659	28,373	27,337	25,812	24,510	23,261
Total Liabilities & Equity	63,271	65,085	63,956	57,668	53,521	49,177
Total Debt	379.3	635.42	577.07	500.65	656.46	715.81
Net Cash (Debt)	5,327	6,243	6,320	6,480	6,965	6,795
Net Cash Growth	42.56%	-1.22%	-2.46%	-6.96%	2.49%	-4.07%
Net Cash Per Share	2.41	2.83	2.85	2.94	3.14	3.06
Filing Date Shares Outstanding	2,222	2,222	2,222	2,222	2,222	2,222
Total Common Shares Outstanding	2,222	2,222	2,222	2,222	2,222	2,222
Working Capital	15,241	15,069	14,713	13,535	12,062	10,996
Book Value Per Share	11.48	11.34	10.86	10.20	9.61	8.99
Tangible Book Value	26,411	26,089	25,168	23,726	22,303	21,049
Tangible Book Value Per Share	10.76	10.62	10.20	9.55	8.89	8.25
Buildings	-	6,548	5,944	4,886	4,710	4,254
Machinery	-	5,596	5,226	5,003	4,974	4,523
Construction In Progress	-	649.04	698.96	1,471	938.91	1,211