SHA:600598 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	2,227	200.17	1,586	2,370	3,054	1,685
Trading Asset Securities	7,220	3,653	2,111	1,000	150.53	1,301
Cash & Short-Term Investments	9,447	3,853	3,697	3,371	3,205	2,986
Cash Growth	6.78%	4.22%	9.68%	5.18%	7.33%	11.69%
Accounts Receivable	-	-	50.09	10.91	-	-
Other Receivables	25.81	25.04	24.01	31.78	56.08	34.95
Receivables	25.81	25.04	74.09	42.69	56.08	34.95
Inventory	1,155	332.79	159.7	244.77	184.86	179.81
Prepaid Expenses	-	17.63	18.63	17.4	16.93	13.86
Other Current Assets	100.76	41.99	15.74	23.93	9.73	23.52
Total Current Assets	10,728	4,270	3,965	3,699	3,472	3,238
Property, Plant & Equipment	3,597	3,658	3,879	3,724	3,373	3,277
Long-Term Investments	339.23	344.12	373.13	445.49	481.35	571.64
Other Intangible Assets	410.54	411.79	419.13	414.44	404.97	414.49
Long-Term Deferred Tax Assets	0.82	0.82	0.82	-	-	-
Long-Term Deferred Charges	27.36	28.83	27.77	32.43	41.1	42.92
Other Long-Term Assets	245.27	244.03	309.81	383.77	455.27	484.72
Total Assets	15,348	8,958	8,975	8,699	8,228	8,029
Accounts Payable	548.61	48.32	86.34	74.81	113.31	100.49
Accrued Expenses	518.21	551.53	622.04	704.94	573.62	391.76
Short-Term Debt	-	-	48.06	-	-	-
Current Portion of Leases	-	3.56	17.15	34.35	11.82	0.93
Current Income Taxes Payable	71.99	0.13	0.72	2.09	0.06	24.53
Current Unearned Revenue	4,573	13.46	7.18	7.01	17.34	300.54
Other Current Liabilities	1,120	393.2	401.44	411.84	401.22	407.09
Total Current Liabilities	6,835	1,010	1,183	1,235	1,117	1,225
Long-Term Debt	2.98	3.12	3.12	3.12	3.12	3.12
Long-Term Leases	2.97	3.41	4.64	19.56	11.7	0.41
Long-Term Unearned Revenue	10.77	10.85	10.8	12.74	3.19	3
Long-Term Deferred Tax Liabilities	0.01	0.01	-	-	-	-
Other Long-Term Liabilities	121.51	130.49	180.21	128.64	141.76	86.38
Total Liabilities	6,973	1,158	1,382	1,399	1,277	1,318
Common Stock	1,778	1,778	1,778	1,778	1,778	1,778
Additional Paid-In Capital	2,420	2,420	2,420	2,420	2,420	2,420
Retained Earnings	4,379	3,798	3,610	3,305	2,988	2,724
Comprehensive Income & Other	3.25	6.62	-10.89	0.31	1.87	-3.03
Total Common Equity	8,581	8,003	7,797	7,503	7,188	6,919
Minority Interest	-205.37	-203.1	-203.83	-203.08	-236.79	-207.8
Shareholders' Equity	8,375	7,800	7,593	7,300	6,951	6,711
Total Liabilities & Equity	15,348	8,958	8,975	8,699	8,228	8,029
Total Debt	8.86	10.09	72.97	57.03	26.65	4.46
Net Cash (Debt)	9,438	3,843	3,624	3,313	3,178	2,981
Net Cash Growth	7.20%	6.04%	9.37%	4.27%	6.60%	11.65%
Net Cash Per Share	5.31	2.16	2.04	1.86	1.79	1.68
Filing Date Shares Outstanding	1,776	1,778	1,778	1,778	1,778	1,778
Total Common Shares Outstanding	1,776	1,778	1,778	1,778	1,778	1,778
Working Capital	3,893	3,260	2,782	2,464	2,355	2,013
Book Value Per Share	4.83	4.50	4.39	4.22	4.04	3.89
Tangible Book Value	8,170	7,591	7,378	7,089	6,783	6,504
Tangible Book Value Per Share	4.60	4.27	4.15	3.99	3.82	3.66
Buildings	-	6,320	6,365	5,937	5,672	5,456
Machinery	-	1,370	1,344	1,435	1,185	1,169
Construction In Progress	-	0.01	63.5	20.31	30.49	12.27

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