SHA:600536 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	3,395	4,161	2,579	1,945	2,365	3,277
Trading Asset Securities	1.84	1.84	2.43	2.43	2.43	2.43
Cash & Short-Term Investments	3,397	4,163	2,581	1,948	2,367	3,279
Cash Growth	41.11%	61.27%	32.52%	-17.71%	-27.81%	30.33%
Accounts Receivable	1,708	1,677	2,061	2,923	3,114	2,387
Other Receivables	94.4	82.98	296.75	84.25	86.08	106.64
Receivables	1,802	1,760	2,357	3,007	3,200	2,494
Inventory	1,441	1,256	1,022	976.56	1,554	2,576
Prepaid Expenses	-	1.88	3.08	14.31	11.34	0.65
Other Current Assets	285.75	232.98	193.47	366.93	265.24	387.47
Total Current Assets	6,926	7,414	6,158	6,313	7,398	8,737
Property, Plant & Equipment	359.31	374.79	376.78	562.74	778.74	811.3
Long-Term Investments	1,148	1,166	1,256	1,736	1,638	975.74
Goodwill	-	-	-	1.51	1.51	1.51
Other Intangible Assets	938.97	633.82	296.95	267.12	243.32	191.85
Long-Term Deferred Tax Assets	79.94	78.54	72.87	93.16	89.5	87.37
Long-Term Deferred Charges	5.61	286.56	304.78	197.9	36.11	37.5
Other Long-Term Assets	1,284	1,184	84.28	84.16	91.08	76.51
Total Assets	10,742	11,137	8,550	9,256	10,276	10,919
Accounts Payable	1,226	1,856	2,149	2,606	3,486	4,105
Accrued Expenses	123.96	492.74	376.17	380.66	400.02	368.51
Short-Term Debt	1,161	750.5	952	557.83	415.88	302.85
Current Portion of Long-Term Debt	81.96	55	445	50	45	35
Current Portion of Leases	-	42.18	37.72	85.8	113.41	6.14
Current Income Taxes Payable	23.38	13.37	20.82	4.26	3.66	11.85
Current Unearned Revenue	1,769	1,331	885.59	529.07	744.72	1,150
Other Current Liabilities	206.83	232.19	410.16	768.67	650.89	394.5
Total Current Liabilities	4,593	4,774	5,277	4,982	5,860	6,374
Long-Term Debt	-	-	55	676	630	675
Long-Term Leases	43.38	50.16	27.95	42.2	97.12	204.44
Long-Term Unearned Revenue	22.91	35.87	28.56	47.35	55.61	280.39
Long-Term Deferred Tax Liabilities	8.28	7.91	9.84	21.35	16.02	3.22
Other Long-Term Liabilities	74.71	75.52	64.11	57.66	57.1	69.72
Total Liabilities	4,742	4,943	5,462	5,827	6,716	7,607
Common Stock	933.79	933.79	850.17	859.75	659.99	494.56
Additional Paid-In Capital	2,586	2,586	1,226	1,182	1,304	1,079
Retained Earnings	125.26	198.97	240.39	653.02	899.67	879.29
Treasury Stock	-100	-100	-207.06	-387.36	-342.43	-
Comprehensive Income & Other	-29.19	-29.13	-28.47	-28.29	-28.41	-29.5
Total Common Equity	3,515	3,589	2,081	2,279	2,493	2,424
Minority Interest	2,484	2,605	1,006	1,150	1,068	888.58
Shareholders' Equity	6,000	6,194	3,087	3,429	3,560	3,312
Total Liabilities & Equity	10,742	11,137	8,550	9,256	10,276	10,919
Total Debt	1,286	897.85	1,518	1,412	1,301	1,223
Net Cash (Debt)	2,111	3,265	1,064	536.09	1,066	2,056
Net Cash Growth	528.04%	206.96%	98.42%	-49.70%	-48.16%	4.46%
Net Cash Per Share	2.46	3.94	1.24	0.71	1.39	2.42
Filing Date Shares Outstanding	930.68	930.68	847.07	859.69	860.21	857.99
Total Common Shares Outstanding	930.68	930.68	847.07	859.75	857.99	835.81
Working Capital	2,333	2,640	880.98	1,331	1,538	2,363
Book Value Per Share	3.78	3.86	2.46	2.65	2.91	2.90
Tangible Book Value	2,576	2,955	1,784	2,010	2,248	2,230
Tangible Book Value Per Share	2.77	3.18	2.11	2.34	2.62	2.67
Buildings	-	526.98	528.52	626.88	701.47	638.18
Machinery	-	368.55	367.82	425.02	498.77	458.75
Construction In Progress	-	-	-	-	-	37.68

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