SHA:600535 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	970.02	1,436	2,994	4,451	3,119	2,304
Short-Term Investments	-	1,404	-	-	-	-
Trading Asset Securities	2,730	1,394	524.72	300.71	1,125	1,487
Cash & Short-Term Investments	3,700	4,234	3,518	4,751	4,244	3,791
Cash Growth	6.04%	20.34%	-25.95%	11.95%	11.95%	78.94%
Accounts Receivable	2,775	2,418	1,966	2,131	3,348	3,796
Other Receivables	50.71	39.96	23.06	11.49	8.98	9.47
Receivables	2,826	2,458	1,989	2,142	3,357	3,805
Inventory	1,383	1,427	1,712	1,748	1,532	1,548
Other Current Assets	150.03	111.5	91.72	91.43	127.08	105
Total Current Assets	8,059	8,230	7,311	8,733	9,260	9,249
Property, Plant & Equipment	3,424	3,546	3,648	3,769	3,883	4,088
Long-Term Investments	1,213	1,346	1,821	2,054	1,511	1,229
Goodwill	-	-	-	15.88	15.88	167.08
Other Intangible Assets	795.91	794.39	604.17	573.64	459.43	474.54
Long-Term Deferred Tax Assets	73.01	67.05	53.17	50	88.29	60.79
Long-Term Deferred Charges	1,270	1,333	1,466	1,476	1,157	1,193
Other Long-Term Assets	230.49	22.66	72.54	43.14	102.08	79.68
Total Assets	15,065	15,340	14,976	16,714	16,477	16,542

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	425.89	376.9	606.81	572.73	887.77	728.58
Accrued Expenses	355.54	537.57	171.05	178.38	242.79	213.15
Short-Term Debt	1.91	1,116	699.54	814.63	201.77	188.79
Current Portion of Long-Term Debt	35.32	4.96	586.83	462.74	475.21	343.33
Current Portion of Leases	-	49.7	47.84	58.54	53.98	55.67
Current Income Taxes Payable	161.15	110.91	57.78	18.04	84.62	108.09
Current Unearned Revenue	53.61	49.88	69.85	91.62	92.35	68.33
Other Current Liabilities	623.67	62.39	109.98	172.88	108.72	149.12
Total Current Liabilities	1,657	2,308	2,350	2,370	2,147	1,855
Long-Term Debt	111.05	216.87	253.76	1,414	1,376	1,034
Long-Term Leases	34.16	51.19	67.97	81.52	75.31	81.63
Long-Term Unearned Revenue	204.53	189.95	193.29	159.02	177.79	214.57
Long-Term Deferred Tax Liabilities	15.59	26.02	0.4	0.11	22.87	42.18
Total Liabilities	2,022	2,792	2,865	4,024	3,799	3,228

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	1,494	1,494	1,494	1,500	1,500	1,513
Additional Paid-In Capital	483.47	482.39	458.96	958.08	1,457	1,530
Retained Earnings	10,985	10,391	9,898	9,929	9,351	10,222
Treasury Stock	-	-	-	-105.98	-105.98	-251.29
Comprehensive Income & Other	-43.94	37.24	52.22	88	211.58	-32.19
Total Common Equity	12,919	12,404	11,903	12,368	12,412	12,981
Minority Interest	124.07	143.49	207.86	321.59	265.12	332.56
Shareholders' Equity	13,043	12,548	12,111	12,690	12,678	13,314
Total Liabilities & Equity	15,065	15,340	14,976	16,714	16,477	16,542

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	182.43	1,438	1,656	2,831	2,182	1,704
Net Cash (Debt)	3,517	2,795	1,862	1,920	2,062	2,088
Net Cash Growth	33.64%	50.10%	-2.99%	-6.89%	-1.23%	-
Net Cash Per Share	2.36	1.87	1.25	1.29	1.40	1.39
Filing Date Shares Outstanding	1,494	1,494	1,494	1,494	1,494	1,499
Total Common Shares Outstanding	1,494	1,494	1,494	1,494	1,494	1,499
Working Capital	6,402	5,922	4,961	6,363	7,113	7,394
Book Value Per Share	8.65	8.30	7.97	8.28	8.31	8.66
Tangible Book Value	12,123	11,610	11,299	11,779	11,937	12,340
Tangible Book Value Per Share	8.11	7.77	7.56	7.88	7.99	8.23
Buildings	-	3,529	3,517	3,505	3,490	3,398
Machinery	-	3,803	3,763	3,625	3,472	3,340
Construction In Progress	-	322.42	221.76	153.87	102.96	167.85