SHA:600596 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	2,471	2,652	2,521	4,270	3,571	2,175
Trading Asset Securities	19.74	20.81	16.6	16.47	17.62	189.82
Cash & Short-Term Investments	2,491	2,672	2,538	4,286	3,589	2,365
Cash Growth	27.80%	5.29%	-40.79%	19.43%	51.78%	47.87%
Accounts Receivable	2,935	2,126	2,236	2,007	2,212	2,898
Other Receivables	155.54	244.8	73.6	210.3	263.33	227.81
Receivables	3,091	2,371	2,310	2,217	2,475	3,125
Inventory	2,596	2,538	2,916	2,602	2,663	2,940
Prepaid Expenses	-	1.06	1.18	1.17	2.87	0.27
Other Current Assets	512.18	482.19	645.75	494.62	405.65	527.34
Total Current Assets	8,690	8,065	8,411	9,601	9,136	8,958
Property, Plant & Equipment	11,111	11,243	11,379	9,647	7,187	5,519
Long-Term Investments	1,145	1,167	1,231	1,254	1,310	1,282
Goodwill	167.02	167.02	187.95	201.98	96.79	105.77
Other Intangible Assets	1,017	1,027	1,064	1,114	900.82	771.54
Long-Term Accounts Receivable	99.97	100.47	117.51	144.02	149.58	127.79
Long-Term Deferred Tax Assets	99.94	89.78	67.92	60.64	107.33	81.6
Long-Term Deferred Charges	19.3	18.28	20.5	19.74	12.13	14.11
Other Long-Term Assets	141.02	115.78	132.39	297.17	350.08	339.61
Total Assets	22,489	21,993	22,612	22,340	19,249	17,199
Accounts Payable	4,010	3,578	4,325	3,470	3,279	3,422
Accrued Expenses	135.01	284.43	264.57	290.65	345.35	351.46
Short-Term Debt	809.93	699.51	517.83	460.24	331.11	438.96
Current Portion of Long-Term Debt	671.52	878.84	285.59	537.1	286.1	199.8
Current Portion of Leases	-	3.33	5.1	5.3	14.24	8.88
Current Income Taxes Payable	127.55	90.38	59.69	67.13	122.01	347.5
Current Unearned Revenue	424.68	393.54	446.06	445.86	450.15	716.74
Other Current Liabilities	240.64	201.19	467.41	328.24	252.05	271.12
Total Current Liabilities	6,419	6,129	6,371	5,605	5,080	5,756
Long-Term Debt	2,024	1,931	2,345	2,367	1,409	1,483
Long-Term Leases	3.57	3.66	9.4	10.44	16.02	18.64
Long-Term Unearned Revenue	217.69	185.35	110.67	84.01	71.72	51.7
Long-Term Deferred Tax Liabilities	21.13	21.71	26.92	31.14	26.97	13.04
Other Long-Term Liabilities	136.67	139.55	138.52	135.38	112.63	41.4
Total Liabilities	8,822	8,410	9,002	8,233	6,716	7,364
Common Stock	1,350	1,350	1,350	1,350	1,146	818.39
Additional Paid-In Capital	2,149	2,153	2,144	2,440	650.14	977.22
Retained Earnings	8,955	8,859	8,847	8,934	9,659	7,114
Comprehensive Income & Other	99.89	98.66	105.31	89.77	90.04	33.89
Total Common Equity	12,553	12,460	12,446	12,813	11,545	8,943
Minority Interest	1,114	1,122	1,164	1,293	988.3	891.68
Shareholders' Equity	13,667	13,582	13,610	14,107	12,533	9,835
Total Liabilities & Equity	22,489	21,993	22,612	22,340	19,249	17,199
Total Debt	3,509	3,516	3,163	3,380	2,056	2,150
Net Cash (Debt)	-1,018	-844.12	-625.09	906.25	1,533	215.07
Net Cash Growth	-	-	-	-40.89%	612.82%	-
Net Cash Per Share	-0.76	-0.63	-0.49	0.81	1.34	0.19
Filing Date Shares Outstanding	1,350	1,350	1,350	1,350	1,146	1,146
Total Common Shares Outstanding	1,350	1,350	1,350	1,350	1,146	1,146
Working Capital	2,271	1,936	2,040	3,996	4,055	3,202
Book Value Per Share	9.30	9.23	9.22	9.49	10.08	7.81
Tangible Book Value	11,370	11,266	11,194	11,497	10,547	8,066
Tangible Book Value Per Share	8.42	8.35	8.29	8.52	9.21	7.04
Buildings	-	4,821	3,679	3,555	2,690	2,426
Machinery	-	9,400	8,223	8,086	6,702	6,081
Construction In Progress	-	2,604	4,504	2,857	2,088	772.21

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