China Enterprise Company 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	13,383	14,117	17,844	18,502	17,346	14,331
Trading Asset Securities	49.57	60.89	53.06	44.68	41.7	70.49
Cash & Short-Term Investments	13,432	14,178	17,897	18,546	17,388	14,402
Cash Growth	-29.61%	-20.78%	-3.50%	6.66%	20.74%	23.63%
Accounts Receivable	407.56	346.91	313.89	244.68	258.94	161.89
Other Receivables	184.27	160.28	202.29	198.36	1,030	1,056
Receivables	591.83	507.19	516.18	443.04	1,289	1,218
Inventory	25,132	27,201	24,670	26,976	34,880	16,779
Other Current Assets	361.26	655.65	779.32	1,142	883.36	391.48
Total Current Assets	39,518	42,542	43,862	47,108	54,440	32,790
Property, Plant & Equipment	951.16	965.95	1,018	791.85	551.51	543.72
Long-Term Investments	1,105	1,106	994.77	1,006	1,221	1,374
Other Intangible Assets	59.73	60.55	64.07	67.97	65.02	71.59
Long-Term Deferred Tax Assets	946.63	958.5	1,037	957.89	1,625	1,963
Long-Term Deferred Charges	61.22	61.29	71.65	86.56	40.29	7.71
Other Long-Term Assets	9,202	9,313	9,730	10,217	8,256	7,276
Total Assets	51,844	55,007	56,778	60,235	66,702	54,185
Accounts Payable	1,653	1,784	2,238	2,442	1,787	1,910
Accrued Expenses	102.62	1,679	1,335	2,034	5,237	7,456
Short-Term Debt	46.03	60.03	20.01	20.02	-	-
Current Portion of Long-Term Debt	7,907	9,460	1,236	8,385	1,524	1,978
Current Portion of Leases	-	30.97	27.38	25.2	27.63	20.84
Current Income Taxes Payable	1,444	230.81	282.6	488.78	386.11	503.26
Current Unearned Revenue	108.1	2,866	8,869	9,187	12,793	3,591
Other Current Liabilities	3,428	3,319	4,177	4,404	7,279	1,462
Total Current Liabilities	14,688	19,429	18,185	26,986	29,034	16,921
Long-Term Debt	18,931	17,247	21,191	15,652	20,201	19,390
Long-Term Leases	32.57	35.16	57.33	36.42	53.38	46.63
Long-Term Unearned Revenue	142.23	169.06	180.19	193.31	184.07	403.42
Pension & Post-Retirement Benefits	-	93.61	98.83	86.7	59.13	54.34
Long-Term Deferred Tax Liabilities	16.28	16.28	16.5	2.82	14.64	14.54
Other Long-Term Liabilities	199.79	84.8	85.9	93.31	92.35	335.31
Total Liabilities	34,011	37,075	39,815	43,050	49,639	37,166
Common Stock	6,046	6,046	6,046	6,096	6,096	6,096
Additional Paid-In Capital	1,271	1,277	1,283	1,399	1,499	2,245
Retained Earnings	7,046	7,137	7,018	7,504	6,961	7,354
Treasury Stock	-	-	-	-162.39	-162.39	-162.39
Comprehensive Income & Other	-11.81	-11.81	-13.35	-6.31	0.91	-
Total Common Equity	14,352	14,448	14,334	14,831	14,395	15,533
Minority Interest	3,481	3,484	2,629	2,354	2,668	1,487
Shareholders' Equity	17,833	17,932	16,963	17,185	17,063	17,019
Total Liabilities & Equity	51,844	55,007	56,778	60,235	66,702	54,185
Total Debt	26,917	26,833	22,532	24,119	21,807	21,435
Net Cash (Debt)	-13,484	-12,655	-4,634	-5,572	-4,418	-7,034
Net Cash Per Share	-2.39	-2.13	-0.73	-0.90	-0.77	-1.14
Filing Date Shares Outstanding	4,633	6,046	6,046	6,046	6,046	6,046
Total Common Shares Outstanding	4,633	6,046	6,046	6,046	6,046	6,046
Working Capital	24,829	23,113	25,677	20,122	25,406	15,868
Book Value Per Share	3.10	2.39	2.37	2.45	2.38	2.57
Tangible Book Value	14,292	14,387	14,270	14,763	14,330	15,461
Tangible Book Value Per Share	3.08	2.38	2.36	2.44	2.37	2.56
Buildings	-	998.35	1,005	795.9	451.7	418.73
Machinery	-	49.17	54.27	55.53	61.11	67.49
Construction In Progress	-	29.83	24.48	1.61	79.84	119.33

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