SHA:600577 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	2,061	2,069	1,118	1,859	1,779	1,503
Trading Asset Securities	74.43	2.58	-	37.38	180.58	35.15
Cash & Short-Term Investments	2,135	2,072	1,118	1,897	1,959	1,538
Cash Growth	52.31%	85.38%	-41.07%	-3.20%	27.37%	-1.33%
Accounts Receivable	8,112	7,300	6,314	4,825	4,639	4,720
Other Receivables	74.27	2.87	2.61	2.9	7.58	1.75
Receivables	8,186	7,303	6,316	4,828	4,647	4,722
Inventory	2,030	1,728	1,780	1,602	1,480	1,643
Other Current Assets	519.37	515.55	595.65	187.49	169.87	175.87
Total Current Assets	12,871	11,618	9,810	8,513	8,256	8,079
Property, Plant & Equipment	1,700	1,756	1,727	1,735	1,550	1,271
Long-Term Investments	616.98	626.86	623.91	601.93	571.96	306.65
Goodwill	97.44	97.44	97.44	97.44	97.44	97.44
Other Intangible Assets	281.57	259.17	265.92	271.91	276.44	275.1
Long-Term Deferred Tax Assets	77.72	76.61	92.5	79.6	78.71	74.22
Long-Term Deferred Charges	9.05	9.55	2.23	2.79	4.83	4.04
Other Long-Term Assets	8.63	23.84	7.83	10.96	23.57	23.18
Total Assets	15,663	14,467	12,627	11,313	10,859	10,130
Accounts Payable	4,520	4,025	1,628	1,803	1,451	1,225
Accrued Expenses	124.41	214.76	174.6	152.34	165.92	155.86
Short-Term Debt	3,363	2,624	3,567	2,444	2,516	2,340
Current Portion of Long-Term Debt	422.45	386.67	95.07	258.68	56.18	41.62
Current Portion of Leases	-	3.57	1.75	1.16	2.53	2.88
Current Income Taxes Payable	81.47	47.7	47.04	39.78	36.64	63.98
Current Unearned Revenue	34.71	18.54	20.22	26.79	42.38	33.61
Other Current Liabilities	466.31	589.62	528.62	443.17	414.77	913.61
Total Current Liabilities	9,012	7,910	6,062	5,168	4,686	4,777
Long-Term Debt	86.96	127.74	543.3	634.31	672.31	502.56
Long-Term Leases	26.14	22.66	9.16	7.75	8.94	11.69
Long-Term Unearned Revenue	82.02	85.89	102.98	106.07	92.59	67.25
Long-Term Deferred Tax Liabilities	13.2	12.64	19.86	12.51	31.37	39.57
Total Liabilities	9,220	8,159	6,737	5,929	5,491	5,398
Common Stock	2,151	2,149	2,148	2,079	2,079	1,996
Additional Paid-In Capital	611.19	605.99	626.63	386.79	396.76	147.76
Retained Earnings	3,469	3,332	2,905	2,698	2,521	2,213
Treasury Stock	-65.42	-65.42	-66.04	-66.04	-98.42	-
Comprehensive Income & Other	109.48	127.48	145.32	172.53	163.1	105.32
Total Common Equity	6,275	6,150	5,759	5,271	5,062	4,462
Minority Interest	167.3	158.77	130.36	113.15	305.85	270.52
Shareholders' Equity	6,443	6,308	5,890	5,384	5,368	4,732
Total Liabilities & Equity	15,663	14,467	12,627	11,313	10,859	10,130
Total Debt	3,898	3,164	4,216	3,346	3,256	2,899
Net Cash (Debt)	-1,763	-1,093	-3,098	-1,449	-1,297	-1,361
Net Cash Per Share	-0.78	-0.49	-1.43	-0.65	-0.58	-0.67
Filing Date Shares Outstanding	2,277	2,149	2,148	2,079	2,079	1,996
Total Common Shares Outstanding	2,277	2,149	2,148	2,079	2,079	1,996
Working Capital	3,859	3,708	3,748	3,345	3,570	3,302
Book Value Per Share	2.76	2.86	2.68	2.53	2.43	2.24
Tangible Book Value	5,896	5,793	5,396	4,901	4,688	4,089
Tangible Book Value Per Share	2.59	2.70	2.51	2.36	2.25	2.05
Buildings	-	1,062	1,054	1,018	888.33	598.22
Machinery	-	2,015	1,990	1,927	1,707	1,596
Construction In Progress	-	61.81	13.19	68.19	112.3	126.54

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