SHA:600611 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	-	1,786	1,814	1,948	2,260	2,169
Trading Asset Securities	-	1,817	1,824	1,467	1,280	2,577
Cash & Short-Term Investments	3,602	3,602	3,638	3,415	3,540	4,746
Cash Growth	2.62%	-0.97%	6.51%	-3.53%	-25.41%	25.04%
Accounts Receivable	-	279.57	242.71	197.12	228.3	163.55
Other Receivables	-	163.62	162.85	140.44	131.91	224.22
Receivables	-	2,086	2,477	2,296	2,281	1,905
Inventory	-	3,183	3,228	3,350	4,580	3,031
Other Current Assets	-	180.31	199.21	224.13	382.32	364.51
Total Current Assets	-	9,052	9,542	9,286	10,783	10,046
Property, Plant & Equipment	-	2,584	2,666	2,328	2,149	1,730
Long-Term Investments	-	3,435	3,257	3,017	3,050	3,497
Goodwill	-	325.27	374.05	310.58	310.58	-
Other Intangible Assets	-	1,212	1,226	1,248	1,276	1,253
Long-Term Accounts Receivable	-	31.46	-	-	-	-
Long-Term Deferred Tax Assets	-	137.47	138.71	111.68	168.66	161.64
Long-Term Deferred Charges	-	83.17	92	95.77	107.81	113.36
Other Long-Term Assets	-	2,164	2,122	2,048	2,155	2,168
Total Assets	-	19,037	19,446	18,481	20,023	19,290
Accounts Payable	-	349.65	374.51	232.86	342.76	320.4
Accrued Expenses	-	218.91	213.21	263.9	379.17	345.35
Short-Term Debt	-	2,013	2,963	3,134	3,150	2,988
Current Portion of Long-Term Debt	-	569.69	983.14	965.85	535.52	208.05
Current Portion of Leases	-	95.4	82.53	83.11	96.5	36.21
Current Income Taxes Payable	-	53.47	48.34	31.85	78.53	45.04
Current Unearned Revenue	-	528.52	537.62	461.51	2,202	2,119
Other Current Liabilities	-	644.59	619.32	642.48	845.98	767.26
Total Current Liabilities	-	4,474	5,821	5,816	7,631	6,829
Long-Term Debt	-	2,883	2,015	1,912	1,697	1,690
Long-Term Leases	-	808.62	791.4	386.43	209.24	73.71
Long-Term Unearned Revenue	-	0.26	0.85	0.85	-	-
Pension & Post-Retirement Benefits	-	12.08	10.35	-	-	-
Long-Term Deferred Tax Liabilities	-	444.84	428.96	289.07	321.01	498.4
Total Liabilities	-	8,623	9,068	8,404	9,858	9,091
Common Stock	-	2,364	2,364	2,364	2,364	2,364
Additional Paid-In Capital	-	13.77	7.48	7.48	143.29	38.82
Retained Earnings	-	7,029	7,073	6,982	6,897	7,237
Treasury Stock	-	-52.01	-	-	-323.14	-323.14
Comprehensive Income & Other	-	541.08	400.32	169.12	291.96	338.98
Total Common Equity	9,896	9,896	9,845	9,522	9,374	9,656
Minority Interest	-	517.7	532.9	554.06	792.02	543.31
Shareholders' Equity	10,414	10,414	10,378	10,077	10,166	10,199
Total Liabilities & Equity	-	19,037	19,446	18,481	20,023	19,290
Total Debt	6,370	6,370	6,835	6,482	5,688	4,996
Net Cash (Debt)	-2,768	-2,768	-3,197	-3,067	-2,148	-249.36
Net Cash Per Share	-1.08	-1.15	-1.36	-1.32	-0.94	-0.11
Filing Date Shares Outstanding	2,375	2,357	2,364	2,364	2,276	2,276
Total Common Shares Outstanding	2,375	2,357	2,364	2,364	2,276	2,276
Working Capital	-	4,579	3,721	3,470	3,153	3,217
Book Value Per Share	4.20	4.20	4.16	4.03	4.12	4.24
Tangible Book Value	8,359	8,359	8,244	7,963	7,788	8,403
Tangible Book Value Per Share	3.55	3.55	3.49	3.37	3.42	3.69
Buildings	-	393.33	354.68	544.14	589.51	593.06
Machinery	-	2,761	2,870	2,824	2,673	2,169
Construction In Progress	-	130.69	67.48	9.56	72.61	39.75

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