SHA:600545 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	171.1	207.69	302.65	691.55	832.06	1,079
Trading Asset Securities	-	-	0.14	-	0.13	0.13
Cash & Short-Term Investments	171.1	207.69	302.78	691.55	832.19	1,079
Cash Growth	-37.06%	-31.41%	-56.22%	-16.90%	-22.89%	99.87%
Accounts Receivable	3,071	2,977	3,744	3,738	3,231	3,781
Other Receivables	93.49	74.63	64.1	106.14	324.43	278.5
Receivables	3,165	3,052	3,809	3,845	3,555	4,059
Inventory	1,499	1,508	1,163	1,306	1,304	1,531
Other Current Assets	580.75	525.22	132.88	162.34	286.97	1,379
Total Current Assets	5,416	5,292	5,407	6,005	5,978	8,049
Property, Plant & Equipment	1,479	1,523	1,493	1,573	1,541	1,599
Goodwill	487.46	509.73	462.63	482.63	453.3	445.4
Other Intangible Assets	1,128	1,179	953.62	996.56	967.92	728.89
Long-Term Accounts Receivable	-	-	234.22	280.91	384.73	419.61
Long-Term Deferred Tax Assets	515.68	500	373.93	343.95	335.01	334.81
Long-Term Deferred Charges	37.44	38.33	173.65	200.86	171.14	221.34
Other Long-Term Assets	116.31	161.72	56.18	10.63	29.21	330.26
Total Assets	9,180	9,204	9,154	9,893	9,860	12,128
Accounts Payable	1,248	1,202	921.03	908.17	730.19	894.51
Accrued Expenses	191.28	179.04	304.27	432.6	325.6	474.83
Short-Term Debt	829.88	834.94	988.91	1,131	1,419	1,408
Current Portion of Long-Term Debt	391.88	478.68	287.86	30.11	840.34	881.64
Current Portion of Leases	-	-	43.23	45.95	40.72	38.52
Current Income Taxes Payable	274.14	283.69	231.15	334.02	243.95	219.76
Current Unearned Revenue	658.5	543.63	367.17	605.31	1,012	856.63
Other Current Liabilities	884.48	771.31	846.63	860.46	845.17	2,513
Total Current Liabilities	4,478	4,293	3,990	4,348	5,457	7,287
Long-Term Debt	872.71	851.16	783.88	947.72	-	284
Long-Term Leases	134.15	133.66	92.78	81.09	92.19	98.38
Long-Term Unearned Revenue	-	-	-	0.5	1.91	1.91
Pension & Post-Retirement Benefits	-	-	218.21	200.97	182.98	215.51
Long-Term Deferred Tax Liabilities	51.52	59.57	38.32	42.22	101.08	51.26
Other Long-Term Liabilities	194.99	216.17	-	0.09	-	0.06
Total Liabilities	5,731	5,554	5,123	5,620	5,835	7,938
Common Stock	1,788	1,788	1,788	1,788	1,895	1,895
Additional Paid-In Capital	1,125	1,125	1,087	1,087	1,580	1,580
Retained Earnings	-512.09	-482	131.86	258.56	222.78	546.11
Treasury Stock	-	-	-	-	-600.01	-600.01
Comprehensive Income & Other	220.52	354.82	97.2	181.27	40.95	-126.49
Total Common Equity	2,621	2,786	3,104	3,315	3,139	3,295
Minority Interest	827.41	864.31	926.32	957.41	886.29	894.75
Shareholders' Equity	3,449	3,650	4,031	4,272	4,025	4,190
Total Liabilities & Equity	9,180	9,204	9,154	9,893	9,860	12,128
Total Debt	2,229	2,298	2,197	2,236	2,392	2,710
Net Cash (Debt)	-2,058	-2,091	-1,894	-1,545	-1,560	-1,631
Net Cash Per Share	-1.15	-1.17	-1.06	-0.86	-0.87	-0.91
Filing Date Shares Outstanding	1,791	1,789	1,788	1,788	1,788	1,788
Total Common Shares Outstanding	1,791	1,789	1,788	1,788	1,788	1,788
Working Capital	938.11	999	1,417	1,657	521.45	761.54
Book Value Per Share	1.46	1.56	1.74	1.85	1.76	1.84
Tangible Book Value	1,006	1,097	1,688	1,836	1,718	2,121
Tangible Book Value Per Share	0.56	0.61	0.94	1.03	0.96	1.19
Land	-	-	105.26	106.26	103.2	100.58
Buildings	-	-	1,145	1,133	992.54	928.46
Machinery	-	-	1,176	1,191	1,093	1,037
Construction In Progress	-	-	4.75	34.1	123.55	178.17

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