SHA:600708 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	5,140	5,283	5,163	6,386	7,343	7,911
Cash & Short-Term Investments	5,140	5,283	5,163	6,386	7,343	7,911
Cash Growth	4.82%	2.34%	-19.15%	-13.03%	-7.19%	-15.45%
Accounts Receivable	2,107	2,055	2,035	2,322	1,619	1,301
Other Receivables	2,634	3,602	3,613	6,714	7,303	8,126
Receivables	4,741	5,656	5,648	9,036	8,922	9,427
Inventory	37,818	38,675	43,140	40,000	42,686	49,114
Prepaid Expenses	-	-	-	-	717.18	1,199
Other Current Assets	1,302	1,307	2,274	3,361	3,294	3,340
Total Current Assets	49,001	50,921	56,225	58,783	62,962	70,992
Property, Plant & Equipment	704.25	707.47	371.48	1,606	1,457	1,432
Long-Term Investments	1,739	1,743	1,849	2,157	1,907	1,701
Goodwill	0.23	0.23	0.23	0.23	0.23	0.23
Other Intangible Assets	526.56	528.91	410.88	583.13	575.02	564.72
Long-Term Deferred Tax Assets	311.26	319.84	519.26	403.52	415.67	344.15
Long-Term Deferred Charges	50.01	52.24	60.2	24.69	33.35	27.3
Other Long-Term Assets	107.68	96.13	125.24	140.58	148.13	155.83
Total Assets	52,441	54,369	59,561	63,698	67,498	75,217
Accounts Payable	5,420	6,700	7,061	7,506	9,682	8,536
Accrued Expenses	15.58	31.89	467.39	742.97	906.11	1,355
Short-Term Debt	294	294.17	278.25	546.67	1,361	11,061
Current Portion of Long-Term Debt	1,894	1,547	3,864	4,882	3,947	4,984
Current Portion of Leases	-	-	19.29	26.97	19.47	51.71
Current Income Taxes Payable	191.87	252.59	162.35	177.21	225.78	320.02
Current Unearned Revenue	2,340	2,802	3,965	4,918	6,339	11,470
Other Current Liabilities	4,169	4,118	4,655	5,547	6,279	7,258
Total Current Liabilities	14,324	15,745	20,473	24,348	28,760	45,034
Long-Term Debt	22,277	22,529	28,574	27,544	26,607	16,029
Long-Term Leases	35.19	43.94	62.76	83.75	101.73	102.58
Long-Term Unearned Revenue	242.71	242.71	24.2	25.1	25.84	25.38
Long-Term Deferred Tax Liabilities	52.32	59.05	66.15	159.55	229.93	231.98
Other Long-Term Liabilities	9,168	9,168	20.81	21.07	21.09	22
Total Liabilities	46,099	47,788	49,221	52,181	55,746	61,446
Common Stock	2,229	2,229	2,229	2,229	2,229	2,229
Additional Paid-In Capital	1,272	1,272	1,272	1,272	1,272	1,275
Retained Earnings	2,466	2,701	6,354	7,314	7,299	7,330
Comprehensive Income & Other	-3.22	-3.22	-21.61	-	-	1,690
Total Common Equity	5,964	6,198	9,833	10,814	10,800	12,524
Minority Interest	377.64	383.29	506.83	702.27	952.24	1,248
Shareholders' Equity	6,341	6,581	10,340	11,516	11,752	13,771
Total Liabilities & Equity	52,441	54,369	59,561	63,698	67,498	75,217
Total Debt	24,500	24,414	32,799	33,084	32,037	32,228
Net Cash (Debt)	-19,360	-19,131	-27,636	-26,698	-24,694	-24,316
Net Cash Per Share	-8.69	-8.58	-12.40	-11.98	-11.08	-10.91
Filing Date Shares Outstanding	2,229	2,229	2,229	2,229	2,229	2,229
Total Common Shares Outstanding	2,229	2,229	2,229	2,229	2,229	2,229
Working Capital	34,677	35,177	35,752	34,435	34,202	25,957
Book Value Per Share	2.68	2.78	4.41	4.85	4.85	4.86
Tangible Book Value	5,437	5,669	9,422	10,231	10,225	11,959
Tangible Book Value Per Share	2.44	2.54	4.23	4.59	4.59	4.61
Buildings	-	-	357.18	930.48	915.21	914.37
Machinery	-	-	60.72	178.01	202.17	205.14
Construction In Progress	-	-	-	723.39	539.79	441.97

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