SHA:600645 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	1,584	1,010	1,528	1,581	1,393	1,196
Trading Asset Securities	150.61	712.05	-	-	-	-
Cash & Short-Term Investments	1,735	1,722	1,528	1,581	1,393	1,196
Cash Growth	11.82%	12.72%	-3.38%	13.48%	16.54%	12.76%
Accounts Receivable	607.26	628.36	644.94	610.53	575.98	510.95
Other Receivables	13.4	3.27	1.99	18.09	28.41	16.58
Receivables	620.66	631.63	646.93	628.62	604.39	527.53
Inventory	231.68	230.23	232.19	247.9	248.09	226.96
Prepaid Expenses	-	0	0.51	2.38	6.48	2.98
Other Current Assets	74.56	72.92	48.89	48.36	57.64	77.08
Total Current Assets	2,662	2,657	2,456	2,508	2,310	2,030
Property, Plant & Equipment	603.52	613.97	688.71	705.33	765.54	766.09
Long-Term Investments	726.43	732.72	736.84	779.96	804.31	886.53
Goodwill	702.91	702.91	702.91	702.91	702.91	702.91
Other Intangible Assets	120.8	84.7	100.45	101.42	111.73	133.96
Long-Term Accounts Receivable	17.51	19.28	28.47	37.45	52	65.9
Long-Term Deferred Tax Assets	49.44	50.46	92.95	81.8	56.02	46.94
Long-Term Deferred Charges	120.52	166.6	165.22	159.98	148.88	141.13
Other Long-Term Assets	262.16	264.68	277.08	334	333.2	259.72
Total Assets	5,265	5,292	5,249	5,411	5,285	5,033
Accounts Payable	96.77	38.55	47.32	68.76	56.85	32.12
Accrued Expenses	43.05	166.56	170.15	146.96	134.91	132.33
Current Portion of Long-Term Debt	-	-	-	6.31	6.31	6.31
Current Portion of Leases	21.48	21.39	43.75	23.34	21.19	16.69
Current Income Taxes Payable	32.15	10.54	6.71	17.93	30.38	24.97
Current Unearned Revenue	1,132	1,133	1,134	1,137	1,112	1,078
Other Current Liabilities	88.06	87.96	85.4	81.29	109.64	105.56
Total Current Liabilities	1,413	1,458	1,487	1,482	1,471	1,396
Long-Term Debt	-	-	-	9.46	15.77	22.08
Long-Term Leases	52.83	58.88	80	88.37	97.9	37.11
Long-Term Unearned Revenue	9.98	10.08	9.56	10.02	10.92	11.08
Long-Term Deferred Tax Liabilities	10.06	10.55	12.95	23.15	34.87	34.7
Other Long-Term Liabilities	11.6	-	-	-	-	-
Total Liabilities	1,498	1,537	1,590	1,613	1,631	1,501
Common Stock	467.95	467.95	467.95	467.95	467.95	467.95
Additional Paid-In Capital	3,389	3,389	3,374	3,377	3,384	3,383
Retained Earnings	-55.85	-80.09	-193.92	-294.27	-400.73	-513.71
Treasury Stock	-200.03	-200.03	-200.03	-	-	-
Comprehensive Income & Other	118.14	129.8	147.54	133.31	104.7	125.98
Total Common Equity	3,719	3,707	3,595	3,684	3,556	3,463
Minority Interest	48.15	48.24	63.98	114.55	97.85	69.31
Shareholders' Equity	3,767	3,755	3,659	3,799	3,654	3,533
Total Liabilities & Equity	5,265	5,292	5,249	5,411	5,285	5,033
Total Debt	74.32	80.27	123.75	127.48	141.18	82.2
Net Cash (Debt)	1,661	1,642	1,404	1,454	1,252	1,113
Net Cash Growth	15.97%	16.94%	-3.42%	16.09%	12.46%	11.14%
Net Cash Per Share	3.61	3.61	3.08	3.14	2.66	2.37
Filing Date Shares Outstanding	455.9	455.9	455.9	467.95	467.95	467.95
Total Common Shares Outstanding	455.9	455.9	455.9	467.95	467.95	467.95
Working Capital	1,248	1,199	968.93	1,027	838.53	634.56
Book Value Per Share	8.16	8.13	7.89	7.87	7.60	7.40
Tangible Book Value	2,895	2,919	2,792	2,880	2,741	2,627
Tangible Book Value Per Share	6.35	6.40	6.12	6.15	5.86	5.61
Land	-	3.46	3.54	3.49	3.43	3.14
Buildings	-	546.03	546.68	482.6	497.7	558.38
Machinery	-	696.34	700.82	690.88	653.02	623.86
Construction In Progress	-	5.65	10.54	18.98	23.23	20.5