SHA:600557 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	2,036	2,148	2,195	1,979	1,601	937.44
Trading Asset Securities	-	-	40	460	170	176
Cash & Short-Term Investments	2,036	2,148	2,235	2,439	1,771	1,113
Cash Growth	-5.05%	-3.89%	-8.36%	37.70%	59.08%	43.98%
Accounts Receivable	623.76	599.59	700.54	1,092	1,471	1,350
Other Receivables	7.5	11.57	6.33	5.48	9.67	11.75
Receivables	631.26	611.16	706.87	1,098	1,480	1,362
Inventory	457.6	452.56	540.27	350.11	342.82	338.08
Other Current Assets	81.58	101.28	113.69	188.65	135.32	60.91
Total Current Assets	3,206	3,313	3,596	4,076	3,730	2,874
Property, Plant & Equipment	3,000	2,899	2,752	2,539	2,508	2,533
Long-Term Investments	4.14	11.1	15.34	15.32	45.61	60.64
Goodwill	58.99	58.99	58.99	58.99	58.99	58.99
Other Intangible Assets	235.68	239.07	171.46	198.17	231.15	282.73
Long-Term Deferred Tax Assets	46.88	45.13	45.31	46.22	15.96	16.77
Long-Term Deferred Charges	212.76	215.54	203.84	192.67	184.79	171.14
Other Long-Term Assets	122	80.67	64.4	62.81	21.63	20.72
Total Assets	6,887	6,863	6,907	7,189	6,796	6,018
Accounts Payable	236.75	226.39	226.87	236.61	373.36	359.75
Accrued Expenses	14.02	712.4	880.74	1,030	814.57	531.14
Short-Term Debt	-	406.3	486.08	422.74	-	234.5
Current Portion of Leases	-	0.25	-	-	-	-
Current Income Taxes Payable	29.13	2.03	2.14	2.42	2.1	2.05
Current Unearned Revenue	30.98	27.74	25.46	25.17	214.87	25.34
Other Current Liabilities	1,346	346.07	423.19	325.68	376.2	300.08
Total Current Liabilities	1,657	1,721	2,044	2,042	1,781	1,453
Long-Term Debt	-	-	1.93	1.93	1.93	1.93
Long-Term Leases	0.81	0.81	-	-	-	-
Long-Term Unearned Revenue	136.36	128.22	155.27	126.16	78.78	90.52
Total Liabilities	1,794	1,850	2,202	2,171	1,862	1,545
Common Stock	566.16	566.16	581.8	584.75	584.6	592.88
Additional Paid-In Capital	-	-	-	178.29	98.13	171.79
Retained Earnings	4,332	4,252	4,145	4,225	4,136	3,720
Treasury Stock	-	-	-211.98	-48.14	-64.7	-180
Total Common Equity	4,898	4,819	4,515	4,940	4,754	4,304
Minority Interest	194.77	193.89	190.51	78.47	179.8	168.35
Shareholders' Equity	5,093	5,012	4,705	5,019	4,934	4,473
Total Liabilities & Equity	6,887	6,863	6,907	7,189	6,796	6,018
Total Debt	0.81	407.36	488.01	424.66	1.93	236.43
Net Cash (Debt)	2,035	1,741	1,747	2,014	1,769	877.01
Net Cash Growth	-5.00%	-0.36%	-13.27%	13.84%	101.75%	209.48%
Net Cash Per Share	3.60	3.09	3.03	3.47	3.05	1.53
Filing Date Shares Outstanding	566.26	566.16	569.46	583.9	594.68	576.43
Total Common Shares Outstanding	566.26	566.16	569.46	583.9	594.68	576.43
Working Capital	1,549	1,592	1,551	2,033	1,949	1,421
Book Value Per Share	8.65	8.51	7.93	8.46	7.99	7.47
Tangible Book Value	4,603	4,520	4,284	4,683	4,464	3,963
Tangible Book Value Per Share	8.13	7.98	7.52	8.02	7.51	6.87
Buildings	-	2,650	2,483	2,402	2,460	2,398
Machinery	-	1,509	1,340	1,318	1,233	1,191
Construction In Progress	-	438.98	472.81	227.25	98.54	82.9

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