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	1,792	1,786	1,814	1,948	2,260	2,169
Trading Asset Securities	1,673	1,817	1,824	1,467	1,280	2,577
Cash & Short-Term Investments	3,465	3,602	3,638	3,415	3,540	4,746
Cash Growth	-1.31%	-0.97%	6.51%	-3.53%	-25.41%	25.04%
Accounts Receivable	266.07	279.57	242.71	197.12	228.3	163.55
Other Receivables	161.1	163.62	162.85	140.44	131.91	224.22
Receivables	1,984	2,086	2,477	2,296	2,281	1,905
Inventory	3,172	3,183	3,228	3,350	4,580	3,031
Other Current Assets	192.44	180.31	199.21	224.13	382.32	364.51
Total Current Assets	8,813	9,052	9,542	9,286	10,783	10,046
Property, Plant & Equipment	2,529	2,584	2,666	2,328	2,149	1,730
Long-Term Investments	3,235	3,435	3,257	3,017	3,050	3,497
Goodwill	325.27	325.27	374.05	310.58	310.58	-
Other Intangible Assets	1,205	1,212	1,226	1,248	1,276	1,253
Long-Term Accounts Receivable	14.7	31.46	-	-	-	-
Long-Term Deferred Tax Assets	141.4	137.47	138.71	111.68	168.66	161.64
Long-Term Deferred Charges	78.45	83.17	92	95.77	107.81	113.36
Other Long-Term Assets	2,155	2,164	2,122	2,048	2,155	2,168
Total Assets	18,506	19,037	19,446	18,481	20,023	19,290
Accounts Payable	348.28	349.65	374.51	232.86	342.76	320.4
Accrued Expenses	12.92	220.68	213.21	263.9	379.17	345.35
Short-Term Debt	2,019	2,013	2,963	3,134	3,150	2,988
Current Portion of Long-Term Debt	651.09	569.69	983.14	965.85	535.52	208.05
Current Portion of Leases	-	93.64	82.53	83.11	96.5	36.21
Current Income Taxes Payable	119.76	53.47	48.34	31.85	78.53	45.04
Current Unearned Revenue	548.32	528.52	537.62	461.51	2,202	2,119
Other Current Liabilities	653.59	644.59	619.32	642.48	845.98	767.26
Total Current Liabilities	4,353	4,474	5,821	5,816	7,631	6,829
Long-Term Debt	2,884	2,883	2,015	1,912	1,697	1,690
Long-Term Leases	800.14	808.62	791.4	386.43	209.24	73.71
Long-Term Unearned Revenue	0.23	0.26	0.85	0.85	-	-
Pension & Post-Retirement Benefits	11.41	12.08	10.35	-	-	-
Long-Term Deferred Tax Liabilities	357.45	444.84	428.96	289.07	321.01	498.4
Total Liabilities	8,406	8,623	9,068	8,404	9,858	9,091
Common Stock	2,364	2,364	2,364	2,364	2,364	2,364
Additional Paid-In Capital	16.33	13.77	7.48	7.48	143.29	38.82
Retained Earnings	6,863	7,029	7,073	6,982	6,897	7,237
Treasury Stock	-52.01	-52.01	-	-	-323.14	-323.14
Comprehensive Income & Other	383.96	541.08	400.32	169.12	291.96	338.98
Total Common Equity	9,575	9,896	9,845	9,522	9,374	9,656
Minority Interest	524.29	517.7	532.9	554.06	792.02	543.31
Shareholders' Equity	10,100	10,414	10,378	10,077	10,166	10,199
Total Liabilities & Equity	18,506	19,037	19,446	18,481	20,023	19,290
Total Debt	6,354	6,369	6,835	6,482	5,688	4,996
Net Cash (Debt)	-2,890	-2,766	-3,197	-3,067	-2,148	-249.36
Net Cash Per Share	-1.13	-1.15	-1.36	-1.32	-0.94	-0.11
Filing Date Shares Outstanding	2,357	2,357	2,364	2,364	2,276	2,276
Total Common Shares Outstanding	2,357	2,357	2,364	2,364	2,276	2,276
Working Capital	4,459	4,579	3,721	3,470	3,153	3,217
Book Value Per Share	4.06	4.20	4.16	4.03	4.12	4.24
Tangible Book Value	8,045	8,359	8,244	7,963	7,788	8,403
Tangible Book Value Per Share	3.41	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