SHA:600535 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	Jun '26 Jun 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	-	1,436	2,994	4,451	3,119	2,304
Short-Term Investments	-	1,404	-	-	-	-
Trading Asset Securities	-	1,394	524.72	300.71	1,125	1,487
Cash & Short-Term Investments	4,354	4,234	3,518	4,751	4,244	3,791
Cash Growth	2.99%	20.34%	-25.95%	11.95%	11.95%	78.94%
Accounts Receivable	-	2,418	1,966	2,131	3,348	3,796
Other Receivables	-	39.96	23.06	11.49	8.98	9.47
Receivables	-	2,458	1,989	2,142	3,357	3,805
Inventory	-	1,427	1,712	1,748	1,532	1,548
Other Current Assets	-	111.5	91.72	91.43	127.08	105
Total Current Assets	-	8,230	7,311	8,733	9,260	9,249
Property, Plant & Equipment	-	3,546	3,648	3,769	3,883	4,088
Long-Term Investments	-	1,346	1,821	2,054	1,511	1,229
Goodwill	-	-	-	15.88	15.88	167.08
Other Intangible Assets	-	794.39	604.17	573.64	459.43	474.54
Long-Term Deferred Tax Assets	-	67.05	53.17	50	88.29	60.79
Long-Term Deferred Charges	-	1,333	1,466	1,476	1,157	1,193
Other Long-Term Assets	-	22.66	72.54	43.14	102.08	79.68
Total Assets	-	15,340	14,976	16,714	16,477	16,542
Accounts Payable	-	376.9	606.81	572.73	887.77	728.58
Accrued Expenses	-	537.57	171.05	178.38	242.79	213.15
Short-Term Debt	-	1,116	699.54	814.63	201.77	188.79
Current Portion of Long-Term Debt	-	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	-	110.91	57.78	18.04	84.62	108.09
Current Unearned Revenue	-	49.88	69.85	91.62	92.35	68.33
Other Current Liabilities	-	62.39	109.98	172.88	108.72	149.12
Total Current Liabilities	-	2,308	2,350	2,370	2,147	1,855
Long-Term Debt	-	216.87	253.76	1,414	1,376	1,034
Long-Term Leases	-	51.19	67.97	81.52	75.31	81.63
Long-Term Unearned Revenue	-	189.95	193.29	159.02	177.79	214.57
Long-Term Deferred Tax Liabilities	-	26.02	0.4	0.11	22.87	42.18
Total Liabilities	-	2,792	2,865	4,024	3,799	3,228
Common Stock	-	1,494	1,494	1,500	1,500	1,513
Additional Paid-In Capital	-	482.39	458.96	958.08	1,457	1,530
Retained Earnings	-	10,391	9,898	9,929	9,351	10,222
Treasury Stock	-	-	-	-105.98	-105.98	-251.29
Comprehensive Income & Other	-	37.24	52.22	88	211.58	-32.19
Total Common Equity	12,768	12,404	11,903	12,368	12,412	12,981
Minority Interest	-	143.49	207.86	321.59	265.12	332.56
Shareholders' Equity	12,906	12,548	12,111	12,690	12,678	13,314
Total Liabilities & Equity	-	15,340	14,976	16,714	16,477	16,542
Total Debt	1,149	1,438	1,656	2,831	2,182	1,704
Net Cash (Debt)	3,205	2,795	1,862	1,920	2,062	2,088
Net Cash Growth	26.50%	50.10%	-2.99%	-6.89%	-1.23%	-
Net Cash Per Share	2.15	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	-	5,922	4,961	6,363	7,113	7,394
Book Value Per Share	8.55	8.30	7.97	8.28	8.31	8.66
Tangible Book Value	11,991	11,610	11,299	11,779	11,937	12,340
Tangible Book Value Per Share	8.03	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