SHA:600556 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	1,352	1,850	1,552	2,299	1,843	1,570
Trading Asset Securities	-	-	110.5	-	-	-
Cash & Short-Term Investments	1,352	1,850	1,663	2,299	1,843	1,570
Cash Growth	-7.99%	11.29%	-27.70%	24.79%	17.36%	-31.56%
Accounts Receivable	2,405	2,149	2,391	2,393	2,577	2,412
Other Receivables	144.1	125.07	80.16	124.51	136.3	29.42
Receivables	2,549	2,274	2,471	2,518	2,714	2,441
Inventory	30.38	32.45	21.53	20.42	26.7	35.94
Prepaid Expenses	-	4.75	0.03	3.19	-	-
Other Current Assets	479.87	490.67	459.83	322.56	325.05	390.94
Total Current Assets	4,412	4,652	4,615	5,164	4,908	4,438
Property, Plant & Equipment	248.35	251.88	241.44	270.8	298.66	111.68
Long-Term Investments	327.83	326.91	222.39	113.84	159.91	190.07
Goodwill	0.94	0.97	1	13.72	18.2	10.63
Other Intangible Assets	42.99	44.77	55.78	59.31	31.97	19.39
Long-Term Deferred Tax Assets	119.72	105.53	136.36	120.7	108.52	108.07
Long-Term Deferred Charges	15.36	16.25	29.58	31.15	27.1	34.83
Other Long-Term Assets	120.43	120.45	120.05	122.32	151.47	90
Total Assets	5,287	5,519	5,422	5,895	5,704	5,003
Accounts Payable	611.6	577.19	674.08	708.45	753.77	726.29
Accrued Expenses	22.36	59.04	103.86	75.27	82.34	93.53
Short-Term Debt	325.4	549.31	372.7	959.57	750.81	100.03
Current Portion of Long-Term Debt	16.02	2.06	-	-	-	-
Current Portion of Leases	-	13.46	22.23	27.59	29.85	28.74
Current Income Taxes Payable	22.88	12.92	10.91	8.28	13.78	25.42
Current Unearned Revenue	95.27	88.27	74.56	59.01	94.9	63.8
Other Current Liabilities	365.62	383.99	334.22	209.42	175.24	158.13
Total Current Liabilities	1,459	1,686	1,593	2,048	1,901	1,196
Long-Term Debt	1.39	0.84	4.48	6.47	-	-
Long-Term Leases	11.88	14.42	22.51	37.87	57.98	51.45
Long-Term Unearned Revenue	-	-	-	3.08	4.4	5.72
Other Long-Term Liabilities	0.66	0.59	2.05	1.05	0.59	131.93
Total Liabilities	1,473	1,702	1,622	2,096	1,964	1,385
Common Stock	1,808	1,808	1,808	1,808	1,808	1,808
Additional Paid-In Capital	756.94	756.94	756.94	756.94	759.3	763.46
Retained Earnings	1,316	1,313	1,297	1,274	1,199	1,055
Comprehensive Income & Other	-47.62	-43.82	-31.67	-4.61	-1.18	-0
Total Common Equity	3,833	3,833	3,830	3,834	3,765	3,626
Minority Interest	-18.51	-16.7	-30.07	-34.49	-24.74	-8.59
Shareholders' Equity	3,814	3,817	3,800	3,799	3,740	3,618
Total Liabilities & Equity	5,287	5,519	5,422	5,895	5,704	5,003
Total Debt	354.68	580.09	421.92	1,032	838.64	180.22
Net Cash (Debt)	997.77	1,270	1,241	1,268	1,004	1,390
Net Cash Growth	-14.54%	2.38%	-2.15%	26.30%	-27.76%	-39.41%
Net Cash Per Share	0.65	0.82	0.72	0.68	0.56	0.78
Filing Date Shares Outstanding	1,791	1,808	1,808	1,808	1,808	1,808
Total Common Shares Outstanding	1,791	1,808	1,808	1,808	1,808	1,808
Working Capital	2,953	2,966	3,023	3,116	3,007	3,242
Book Value Per Share	2.14	2.12	2.12	2.12	2.08	2.01
Tangible Book Value	3,789	3,788	3,773	3,761	3,715	3,596
Tangible Book Value Per Share	2.12	2.10	2.09	2.08	2.05	1.99
Land	-	3.52	3.64	3.95	-	-
Buildings	-	249.16	205.2	205.23	202.64	21.19
Machinery	-	27.26	33.21	28.71	23.36	18.39

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