SHA:600585 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	41,663	50,252	70,229	68,382	16,158	69,559
Short-Term Investments	314.96	4,076	-	-	40,900	-
Trading Asset Securities	19,645	12,899	509.2	2,211	10,755	24,279
Cash & Short-Term Investments	61,623	67,227	70,739	70,593	67,813	93,837
Cash Growth	-4.38%	-4.96%	0.21%	4.10%	-27.73%	5.22%
Accounts Receivable	10,501	10,266	11,110	12,664	16,958	14,594
Other Receivables	1,605	674.77	648.22	2,756	5,941	2,832
Receivables	12,106	11,421	12,250	15,928	23,203	17,612
Inventory	8,552	8,292	9,053	12,560	11,679	11,084
Prepaid Expenses	-	39.02	63.2	63.47	-	34.05
Other Current Assets	4,300	1,826	1,656	2,089	3,713	1,049
Total Current Assets	86,580	88,805	93,762	101,233	106,408	123,616
Property, Plant & Equipment	99,189	99,594	99,321	96,703	97,722	73,926
Long-Term Investments	9,406	25,389	20,425	9,113	10,119	9,405
Goodwill	1,242	1,242	1,452	1,147	1,146	876.04
Other Intangible Assets	37,117	37,051	34,264	32,442	24,638	18,240
Long-Term Deferred Tax Assets	1,795	1,744	1,486	1,554	1,249	758.06
Other Long-Term Assets	17,857	1,760	3,544	3,914	2,402	3,397
Total Assets	253,186	256,001	254,635	246,356	243,976	230,556
Accounts Payable	4,739	5,301	6,127	6,654	6,660	6,828
Accrued Expenses	182.72	2,963	3,060	2,876	3,004	3,477
Short-Term Debt	4,368	4,541	5,749	4,480	-	3,290
Current Portion of Long-Term Debt	1,867	2,366	1,942	2,832	12,366	4,796
Current Portion of Leases	-	30.35	30.93	35.39	24.87	21.13
Current Income Taxes Payable	1,688	605.23	887.59	934.18	770.63	3,566
Current Unearned Revenue	2,631	2,916	2,569	2,890	3,565	3,254
Other Current Liabilities	8,341	9,096	8,527	9,073	9,182	7,444
Total Current Liabilities	23,817	27,819	28,892	29,774	35,571	32,677
Long-Term Debt	20,762	20,688	22,281	15,876	10,000	4,104
Long-Term Leases	220.38	220.16	240.36	198.02	56.05	49.65
Long-Term Unearned Revenue	1,500	1,508	1,055	870.47	748.7	595.93
Pension & Post-Retirement Benefits	55.95	55.95	-	-	-	-
Long-Term Deferred Tax Liabilities	1,608	1,861	1,703	1,616	1,692	1,272
Other Long-Term Liabilities	133.51	133.51	86.12	-	-	-
Total Liabilities	48,097	52,285	54,258	48,335	48,068	38,699
Common Stock	5,299	5,299	5,299	5,299	5,299	5,299
Additional Paid-In Capital	-	10,715	10,619	10,721	9,907	10,515
Retained Earnings	179,267	177,747	174,295	171,654	169,407	167,971
Treasury Stock	-500.59	-500.59	-500.59	-339.16	-	-
Comprehensive Income & Other	9,763	-832.35	-1,772	-1,946	-1,051	-75.62
Total Common Equity	193,829	192,428	187,940	185,389	183,563	183,709
Minority Interest	11,260	11,288	12,437	12,632	12,346	8,148
Shareholders' Equity	205,090	203,716	200,377	198,021	195,909	191,857
Total Liabilities & Equity	253,186	256,001	254,635	246,356	243,976	230,556
Total Debt	27,217	27,845	30,243	23,421	22,446	12,261
Net Cash (Debt)	34,406	39,382	40,495	47,172	45,367	81,576
Net Cash Growth	-2.56%	-2.75%	-14.15%	3.98%	-44.39%	3.56%
Net Cash Per Share	6.55	7.46	7.67	8.90	8.56	15.39
Filing Date Shares Outstanding	5,277	5,277	5,277	5,284	5,299	5,299
Total Common Shares Outstanding	5,277	5,277	5,277	5,284	5,299	5,299
Working Capital	62,764	60,986	64,870	71,458	70,836	90,939
Book Value Per Share	36.73	36.46	35.61	35.08	34.64	34.67
Tangible Book Value	155,471	154,135	152,225	151,800	157,779	164,593
Tangible Book Value Per Share	29.46	29.21	28.85	28.73	29.77	31.06
Land	-	70,653	66,842	62,612	58,824	50,336
Machinery	-	93,940	89,479	84,381	79,723	67,891
Construction In Progress	-	6,172	9,356	10,840	8,475	7,273

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