SHA:600572 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	856.44	1,674	1,322	2,570	2,468	2,573
Cash & Short-Term Investments	856.44	1,674	1,322	2,570	2,468	2,573
Cash Growth	11.15%	26.60%	-48.56%	4.13%	-4.09%	63.19%
Accounts Receivable	1,888	1,520	1,665	1,756	1,638	1,671
Other Receivables	74.58	62.47	87.74	38.22	59.41	84.42
Receivables	1,963	1,582	1,753	1,794	1,697	1,755
Inventory	1,087	1,230	1,266	1,333	1,128	1,044
Prepaid Expenses	-	-	0.26	0.61	0.89	1.02
Other Current Assets	975.46	71.98	78.18	77.26	101.74	92.17
Total Current Assets	4,881	4,558	4,419	5,775	5,395	5,466
Property, Plant & Equipment	2,809	2,874	3,047	3,048	3,220	3,251
Long-Term Investments	1,753	1,897	1,774	1,723	1,629	1,881
Goodwill	184.72	184.72	184.72	184.72	184.72	184.72
Other Intangible Assets	365.3	371.95	349.19	355.45	390.79	362.43
Long-Term Deferred Tax Assets	34.67	38.83	41.16	78.94	55.46	27.5
Long-Term Deferred Charges	20.18	22.59	67.46	46.35	40.66	66.81
Other Long-Term Assets	171.4	37.44	19.31	25.86	14.82	34.78
Total Assets	10,220	9,984	9,902	11,238	10,931	11,274
Accounts Payable	889.22	955.57	984.41	819.53	629.13	540.19
Accrued Expenses	220.55	216.89	963.41	1,205	1,005	873.5
Short-Term Debt	21.11	157.42	210.56	849.71	717.73	1,344
Current Portion of Long-Term Debt	-	105.3	91.07	77.79	138.63	129.65
Current Portion of Leases	-	-	2.23	4.4	6.15	4.63
Current Income Taxes Payable	107.37	93	44.84	56.45	51.38	28.5
Current Unearned Revenue	34.79	37.2	37.68	43.65	113.3	36.68
Other Current Liabilities	1,188	873.02	182.23	115.87	128.07	210.8
Total Current Liabilities	2,461	2,438	2,516	3,173	2,789	3,168
Long-Term Debt	40.02	40	117.87	305.03	330.3	9.5
Long-Term Leases	3.41	0.99	2.05	0.72	3.97	4
Long-Term Unearned Revenue	106.98	109.88	116.21	141.11	154.22	146.83
Long-Term Deferred Tax Liabilities	240.96	241.95	235.6	268.27	328.79	310.3
Other Long-Term Liabilities	0.97	0.96	0.94	0.93	0.92	0.92
Total Liabilities	2,854	2,832	2,989	3,889	3,607	3,639
Common Stock	2,537	2,535	2,583	2,570	2,570	2,570
Additional Paid-In Capital	291.41	284.02	285.66	210.32	149.54	359.76
Retained Earnings	4,367	4,168	4,251	4,261	4,194	4,271
Treasury Stock	-	-	-299.99	-	-	-
Comprehensive Income & Other	61.3	60.15	-0.11	-0.01	0.1	0.27
Total Common Equity	7,256	7,047	6,820	7,041	6,914	7,201
Minority Interest	109.69	105.11	92.97	308.58	410.18	434.01
Shareholders' Equity	7,366	7,152	6,913	7,350	7,324	7,635
Total Liabilities & Equity	10,220	9,984	9,902	11,238	10,931	11,274
Total Debt	64.54	303.7	423.77	1,238	1,197	1,492
Net Cash (Debt)	791.9	1,370	898.34	1,332	1,271	1,082
Net Cash Growth	60.22%	52.51%	-32.57%	4.81%	17.53%	-
Net Cash Per Share	0.32	0.55	0.35	0.52	0.50	0.42
Filing Date Shares Outstanding	2,544	2,434	2,519	2,570	2,570	2,570
Total Common Shares Outstanding	2,544	2,434	2,519	2,570	2,570	2,570
Working Capital	2,420	2,120	1,902	2,603	2,606	2,298
Book Value Per Share	2.85	2.89	2.71	2.74	2.69	2.80
Tangible Book Value	6,706	6,490	6,286	6,501	6,338	6,654
Tangible Book Value Per Share	2.64	2.67	2.49	2.53	2.47	2.59
Buildings	-	-	2,427	2,250	2,138	2,055
Machinery	-	-	2,765	2,655	2,279	1,888
Construction In Progress	-	-	139.45	238.37	661.93	1,068

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