SHA:600577 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,069	1,118	1,859	1,779	1,503
Trading Asset Securities	2.58	-	37.38	180.58	35.15
Cash & Short-Term Investments	2,072	1,118	1,897	1,959	1,538
Cash Growth	85.38%	-41.07%	-3.20%	27.37%	-1.33%
Accounts Receivable	7,300	6,314	4,825	4,639	4,720
Other Receivables	39.06	2.61	2.9	7.58	1.75
Receivables	7,339	6,316	4,828	4,647	4,722
Inventory	1,728	1,780	1,602	1,480	1,643
Other Current Assets	479.36	595.65	187.49	169.87	175.87
Total Current Assets	11,618	9,810	8,513	8,256	8,079
Property, Plant & Equipment	1,756	1,727	1,735	1,550	1,271
Long-Term Investments	626.86	623.91	601.93	571.96	306.65
Goodwill	97.44	97.44	97.44	97.44	97.44
Other Intangible Assets	259.17	265.92	271.91	276.44	275.1
Long-Term Deferred Tax Assets	76.61	92.5	79.6	78.71	74.22
Long-Term Deferred Charges	9.55	2.23	2.79	4.83	4.04
Other Long-Term Assets	23.84	7.83	10.96	23.57	23.18
Total Assets	14,467	12,627	11,313	10,859	10,130
Accounts Payable	4,025	1,628	1,803	1,451	1,225
Accrued Expenses	161.22	174.6	152.34	165.92	155.86
Short-Term Debt	2,624	3,567	2,444	2,516	2,340
Current Portion of Long-Term Debt	390.24	95.07	258.68	56.18	41.62
Current Portion of Leases	-	1.75	1.16	2.53	2.88
Current Income Taxes Payable	102.61	47.04	39.78	36.64	63.98
Current Unearned Revenue	18.54	20.22	26.79	42.38	33.61
Other Current Liabilities	588.25	528.62	443.17	414.77	913.61
Total Current Liabilities	7,910	6,062	5,168	4,686	4,777
Long-Term Debt	127.74	543.3	634.31	672.31	502.56
Long-Term Leases	22.66	9.16	7.75	8.94	11.69
Long-Term Unearned Revenue	85.89	102.98	106.07	92.59	67.25
Long-Term Deferred Tax Liabilities	12.64	19.86	12.51	31.37	39.57
Total Liabilities	8,159	6,737	5,929	5,491	5,398
Common Stock	2,149	2,148	2,079	2,079	1,996
Additional Paid-In Capital	605.99	626.63	386.79	396.76	147.76
Retained Earnings	3,332	2,905	2,698	2,521	2,213
Treasury Stock	-65.42	-66.04	-66.04	-98.42	-
Comprehensive Income & Other	127.48	145.32	172.53	163.1	105.32
Total Common Equity	6,150	5,759	5,271	5,062	4,462
Minority Interest	158.77	130.36	113.15	305.85	270.52
Shareholders' Equity	6,308	5,890	5,384	5,368	4,732
Total Liabilities & Equity	14,467	12,627	11,313	10,859	10,130
Total Debt	3,164	4,216	3,346	3,256	2,899
Net Cash (Debt)	-1,093	-3,098	-1,449	-1,297	-1,361
Net Cash Per Share	-0.49	-1.43	-0.65	-0.58	-0.67
Filing Date Shares Outstanding	2,118	2,148	2,079	2,079	1,996
Total Common Shares Outstanding	2,118	2,148	2,079	2,079	1,996
Working Capital	3,708	3,748	3,345	3,570	3,302
Book Value Per Share	2.90	2.68	2.53	2.43	2.24
Tangible Book Value	5,793	5,396	4,901	4,688	4,089
Tangible Book Value Per Share	2.74	2.51	2.36	2.25	2.05
Buildings	-	1,054	1,018	888.33	598.22
Machinery	-	1,990	1,927	1,707	1,596
Construction In Progress	-	13.19	68.19	112.3	126.54

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.