SHA:600552 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	479.51	544.16	300	920.82	805.91	678.14
Trading Asset Securities	0.75	0.88	301.98	70.68	736.62	-
Cash & Short-Term Investments	480.27	545.05	601.98	991.5	1,543	678.14
Cash Growth	-26.55%	-9.46%	-39.29%	-35.72%	127.47%	-20.89%
Accounts Receivable	2,085	1,937	1,680	1,847	1,498	1,614
Other Receivables	261.38	230.87	324.4	202.23	10.76	127.69
Receivables	2,347	2,168	2,005	2,050	1,509	1,742
Inventory	2,915	2,730	2,414	2,039	1,976	1,849
Prepaid Expenses	-	4.6	9.55	3.47	-	10.08
Other Current Assets	455.97	503.71	421.41	335.99	384.91	366.28
Total Current Assets	6,198	5,951	5,452	5,419	5,412	4,645
Property, Plant & Equipment	5,297	5,254	4,886	3,791	3,522	3,082
Goodwill	192.18	192.18	192.18	192.18	196.26	196.26
Other Intangible Assets	766.19	763.16	630.98	601.8	568.21	490.91
Long-Term Deferred Tax Assets	49.12	49.2	43.55	40.8	47.1	52.31
Long-Term Deferred Charges	64.27	52.41	39.43	10.74	17.27	26.08
Other Long-Term Assets	10.82	54.42	25.34	176.92	142.69	15.82
Total Assets	12,578	12,316	11,269	10,233	9,906	8,509
Accounts Payable	1,879	1,781	1,200	928.86	908.9	1,544
Accrued Expenses	64.93	129.97	125.56	101.73	82.45	184.24
Short-Term Debt	2,656	3,036	2,394	1,893	1,003	1,695
Current Portion of Long-Term Debt	1,066	1,087	730.29	1,169	839.15	352.56
Current Portion of Leases	-	0.99	0.99	0.47	11.15	13.19
Current Income Taxes Payable	14.24	31.92	29.96	31.8	23.38	27.2
Current Unearned Revenue	64.14	27.44	47.07	37.56	50.06	55.17
Other Current Liabilities	738.05	408.59	369.61	437.77	1,180	70.11
Total Current Liabilities	6,483	6,502	4,897	4,600	4,098	3,942
Long-Term Debt	1,072	853.08	1,576	976.38	1,120	1,022
Long-Term Leases	1.48	1.67	2.54	-	9.28	21.74
Long-Term Unearned Revenue	231.98	234.64	159.83	155.36	105.49	98.95
Long-Term Deferred Tax Liabilities	0.37	0.37	0.6	0	-	-
Other Long-Term Liabilities	0.15	0.15	0.37	2.59	0.02	-
Total Liabilities	7,789	7,592	6,637	5,734	5,334	5,084
Common Stock	944.61	944.61	944.61	944.61	944.61	763.88
Additional Paid-In Capital	2,547	2,509	2,509	2,509	2,666	1,883
Retained Earnings	824.96	797.04	715.6	622.67	562.71	485.49
Total Common Equity	4,316	4,251	4,170	4,077	4,173	3,132
Minority Interest	472.44	473.17	462.61	422.32	398.84	292.6
Shareholders' Equity	4,789	4,724	4,632	4,499	4,572	3,425
Total Liabilities & Equity	12,578	12,316	11,269	10,233	9,906	8,509
Total Debt	4,796	4,978	4,704	4,039	2,983	3,104
Net Cash (Debt)	-4,316	-4,433	-4,102	-3,047	-1,440	-2,426
Net Cash Per Share	-4.57	-4.69	-4.34	-3.23	-1.85	-3.18
Filing Date Shares Outstanding	943.19	944.61	944.61	944.61	944.61	763.88
Total Common Shares Outstanding	943.19	944.61	944.61	944.61	944.61	763.88
Working Capital	-285.08	-551.05	554.6	819.47	1,314	703.77
Book Value Per Share	4.58	4.50	4.41	4.32	4.42	4.10
Tangible Book Value	3,358	3,296	3,346	3,283	3,409	2,445
Tangible Book Value Per Share	3.56	3.49	3.54	3.48	3.61	3.20
Buildings	-	1,797	1,497	1,010	1,032	908.17
Machinery	-	3,682	3,763	3,286	3,376	3,024
Construction In Progress	-	1,452	1,350	987.61	528.19	280.99

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