SHA:600650 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,914	1,765	1,589	1,953	1,091
Trading Asset Securities	88.21	99	72.93	69.52	71.69
Cash & Short-Term Investments	2,002	1,864	1,662	2,023	1,162
Cash Growth	7.44%	12.13%	-17.84%	74.03%	-17.96%
Accounts Receivable	182.61	247.77	184.6	195.82	174.09
Other Receivables	93.72	81.72	51.53	42.78	333.92
Receivables	276.33	329.5	236.13	238.6	508.01
Inventory	67.97	66.96	141.7	165.04	154.78
Other Current Assets	53.79	46.11	49.85	23.26	63.85
Total Current Assets	2,400	2,306	2,090	2,450	1,889
Property, Plant & Equipment	868.68	966.97	926.16	872.1	989.52
Long-Term Investments	1,936	1,775	1,541	1,483	1,935
Goodwill	37.94	37.94	37.94	37.94	-
Other Intangible Assets	419.81	422.43	424.89	423.73	302.43
Long-Term Deferred Tax Assets	12.4	9.08	6.99	6.22	12.07
Long-Term Deferred Charges	4.41	2.62	6.05	7.27	7.15
Other Long-Term Assets	31.19	33.4	62.03	43.69	44.02
Total Assets	5,711	5,554	5,095	5,324	5,179
Accounts Payable	102.98	104.39	68.29	149.44	193.67
Accrued Expenses	111.22	149.61	155.22	175.22	150.74
Short-Term Debt	20	20	20	91.07	52.85
Current Portion of Long-Term Debt	47.89	11.56	6.4	-	-
Current Portion of Leases	-	6.29	5.74	8.29	29.72
Current Income Taxes Payable	26.01	15.24	13.24	202.47	32.06
Current Unearned Revenue	43.52	68.62	65.84	61.19	66.1
Other Current Liabilities	223.92	261.05	254.93	233.58	235.16
Total Current Liabilities	575.53	636.75	589.66	921.27	760.3
Long-Term Debt	39.5	69.95	30.23	-	-
Long-Term Leases	50.35	3.88	7.3	5.2	92.34
Long-Term Unearned Revenue	26.33	21.22	22.38	23.63	24.87
Pension & Post-Retirement Benefits	-	15.15	37.99	38.92	39.04
Long-Term Deferred Tax Liabilities	312.11	282.71	216.91	190.69	234.65
Other Long-Term Liabilities	49.79	52.5	45.34	48.88	55.48
Total Liabilities	1,054	1,082	949.82	1,229	1,207
Common Stock	551.61	551.61	551.61	551.61	551.61
Additional Paid-In Capital	291.94	291.37	293.16	297.17	301.23
Retained Earnings	2,686	2,604	2,454	2,463	1,980
Comprehensive Income & Other	885.14	784.67	606.17	542.55	727.78
Total Common Equity	4,414	4,232	3,905	3,854	3,560
Minority Interest	242.93	239.45	240.65	241.64	412.06
Shareholders' Equity	4,657	4,472	4,145	4,096	3,972
Total Liabilities & Equity	5,711	5,554	5,095	5,324	5,179
Total Debt	157.74	111.67	69.67	104.56	174.91
Net Cash (Debt)	1,845	1,752	1,592	1,918	987.48
Net Cash Growth	5.28%	10.02%	-16.99%	94.27%	-25.16%
Net Cash Per Share	3.34	3.17	2.89	3.48	1.79
Filing Date Shares Outstanding	554.48	551.61	551.61	551.61	551.61
Total Common Shares Outstanding	554.48	551.61	551.61	551.61	551.61
Working Capital	1,825	1,670	1,500	1,529	1,129
Book Value Per Share	7.96	7.67	7.08	6.99	6.45
Tangible Book Value	3,957	3,772	3,442	3,392	3,258
Tangible Book Value Per Share	7.14	6.84	6.24	6.15	5.91
Buildings	-	359.59	359.7	359.7	310.27
Machinery	-	1,721	1,631	1,558	1,479
Construction In Progress	-	3.52	4.28	7.35	40.37

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