SHA:600703 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	7,972	7,836	8,443	8,863	9,526	3,288
Trading Asset Securities	22.29	22.32	45.7	72.61	80.12	612.81
Cash & Short-Term Investments	7,994	7,858	8,488	8,936	9,606	3,900
Cash Growth	-7.69%	-7.43%	-5.00%	-6.98%	146.28%	-45.27%
Accounts Receivable	6,354	6,482	6,397	6,143	5,580	4,769
Other Receivables	427.93	95.68	63.72	15.42	15.2	25.02
Receivables	6,782	6,579	6,461	6,158	5,595	4,796
Inventory	6,835	6,595	5,570	5,310	5,807	4,618
Prepaid Expenses	-	0.11	0.11	0.11	-	-
Other Current Assets	774.21	1,106	1,184	897.26	1,126	1,669
Total Current Assets	22,385	22,138	21,704	21,301	22,135	14,983
Property, Plant & Equipment	25,696	26,468	28,044	27,545	27,953	24,480
Long-Term Investments	2,619	2,639	1,492	836.02	452.45	411.52
Goodwill	70.71	70.71	83.26	83.26	83.26	94.12
Other Intangible Assets	5,732	5,834	5,690	5,493	4,852	4,455
Long-Term Deferred Tax Assets	251.29	255.16	256.85	266.65	276.33	262.61
Long-Term Deferred Charges	478.45	451.17	673.79	837.28	987.41	788.26
Other Long-Term Assets	489.04	400	1,110	1,313	1,650	2,047
Total Assets	57,722	58,256	59,053	57,675	58,390	47,522
Accounts Payable	4,179	3,385	4,173	3,232	3,319	2,419
Accrued Expenses	207.68	395.53	418.41	394.96	368.45	313.54
Short-Term Debt	6,990	6,960	4,884	2,825	3,981	2,314
Current Portion of Long-Term Debt	2,376	2,394	1,872	1,927	1,803	703.51
Current Portion of Leases	-	6.48	4.47	0.32	2.12	1.68
Current Income Taxes Payable	113.83	25.03	24.28	75.08	66.94	138.33
Current Unearned Revenue	47.23	34.1	152.58	188.81	84.93	724.2
Other Current Liabilities	796.67	1,730	1,864	1,554	2,062	2,047
Total Current Liabilities	14,710	14,930	13,392	10,197	11,687	8,661
Long-Term Debt	4,051	4,242	4,343	4,323	4,889	4,578
Long-Term Leases	4.24	5.62	8.61	-	-	-
Long-Term Unearned Revenue	3,777	3,919	4,355	4,797	3,823	3,783
Long-Term Deferred Tax Liabilities	9.44	9.77	7.59	2.84	2.75	1.27
Other Long-Term Liabilities	142.7	140.94	53.69	52.31	40.7	43.59
Total Liabilities	22,693	23,247	22,161	19,372	20,443	17,067
Common Stock	4,989	4,989	4,989	4,989	4,989	4,479
Additional Paid-In Capital	21,153	21,152	21,151	21,148	21,221	13,832
Retained Earnings	12,250	12,182	12,630	12,522	12,403	12,162
Treasury Stock	-3,499	-3,499	-2,000	-419.13	-700.04	-
Comprehensive Income & Other	7.56	59.42	98.71	63.74	34.33	-18.61
Total Common Equity	34,900	34,884	36,869	38,303	37,946	30,454
Minority Interest	128.26	125.54	23.53	-	-	-
Shareholders' Equity	35,028	35,009	36,892	38,303	37,946	30,454
Total Liabilities & Equity	57,722	58,256	59,053	57,675	58,390	47,522
Total Debt	13,420	13,608	11,113	9,075	10,676	7,597
Net Cash (Debt)	-5,426	-5,750	-2,624	-139.72	-1,070	-3,697
Net Cash Per Share	-1.00	-1.14	-0.52	-0.03	-0.23	-0.82
Filing Date Shares Outstanding	4,706	4,706	4,818	4,951	4,951	4,479
Total Common Shares Outstanding	4,706	4,706	4,827	4,863	4,951	4,479
Working Capital	7,676	7,208	8,311	11,104	10,447	6,322
Book Value Per Share	7.42	7.41	7.64	7.88	7.66	6.80
Tangible Book Value	29,098	28,979	31,096	32,727	33,011	25,906
Tangible Book Value Per Share	6.18	6.16	6.44	6.73	6.67	5.78
Buildings	-	11,826	10,357	9,653	9,112	6,852
Machinery	-	31,821	29,433	27,091	24,943	20,450
Construction In Progress	-	2,421	4,829	4,423	5,265	6,693

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