SHA:600729 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	4,412	4,719	4,851	4,101	2,421	3,548
Trading Asset Securities	200.31	-	-	-	-	-
Cash & Short-Term Investments	4,613	4,719	4,851	4,101	2,421	3,548
Cash Growth	-8.80%	-2.71%	18.29%	69.39%	-31.77%	-36.23%
Accounts Receivable	342.2	353.37	469.55	374.65	405.85	324.51
Other Receivables	124.79	115.89	138.26	134.22	222.71	116.6
Receivables	467	469.26	607.81	508.87	628.56	441.11
Inventory	1,750	1,554	1,742	2,129	2,297	2,543
Prepaid Expenses	-	27.77	21.42	11.16	-	2.27
Other Current Assets	835.25	635.35	719.09	747.79	932.88	792.4
Total Current Assets	7,665	7,405	7,941	7,498	6,279	7,328
Property, Plant & Equipment	5,086	5,256	5,694	6,102	6,174	6,523
Long-Term Investments	4,910	4,889	4,275	3,660	3,066	2,616
Goodwill	-	-	-	-	0.4	0.4
Other Intangible Assets	174.21	176.4	183.11	192.34	183.29	194
Long-Term Accounts Receivable	-	722.77	142.94	181.93	52.18	77.5
Long-Term Deferred Tax Assets	175.5	175.48	180.4	215.16	267.55	268.42
Long-Term Deferred Charges	94.78	99.57	136.87	161.12	193.45	222.73
Other Long-Term Assets	1,946	1,087	1,088	1,130	988.49	993.35
Total Assets	20,051	19,812	19,641	19,140	17,204	18,224
Accounts Payable	3,298	2,425	2,895	2,906	3,127	3,427
Accrued Expenses	522.98	537.77	564.99	604.97	1,009	950.93
Short-Term Debt	2,570	2,870	2,287	2,108	1,187	285.48
Current Portion of Long-Term Debt	420.51	-	-	-	-	-
Current Portion of Leases	-	470.72	401.74	396.49	401.26	458.19
Current Income Taxes Payable	61.92	2.34	8.93	14.25	40.55	10.67
Current Unearned Revenue	1,299	1,346	1,342	1,351	1,557	1,807
Other Current Liabilities	1,085	1,546	1,546	1,630	1,096	1,129
Total Current Liabilities	9,258	9,198	9,047	9,011	8,418	8,068
Long-Term Leases	2,290	2,380	2,729	2,969	3,215	3,380
Long-Term Unearned Revenue	9.94	11.24	8.08	9.41	9.33	13.21
Pension & Post-Retirement Benefits	-	239.36	239.1	227.67	228.59	226.32
Long-Term Deferred Tax Liabilities	5.95	5.95	6.07	21.11	9.41	11.08
Other Long-Term Liabilities	252.66	24.2	27.79	39.65	79.24	93.07
Total Liabilities	11,817	11,859	12,056	12,277	11,960	11,791
Common Stock	440.45	440.45	440.55	406.53	406.53	406.53
Additional Paid-In Capital	694.29	694.29	693.23	894.3	340.01	951.69
Retained Earnings	7,095	6,816	6,440	5,722	4,686	5,304
Treasury Stock	-	-	-14.78	-209.21	-209.21	-287.65
Comprehensive Income & Other	-103.24	-103.24	-86.74	-61.64	-66.62	-61.73
Total Common Equity	8,127	7,848	7,473	6,752	5,157	6,313
Minority Interest	108.16	104.79	112.11	110.88	87.75	119.36
Shareholders' Equity	8,235	7,952	7,585	6,863	5,244	6,432
Total Liabilities & Equity	20,051	19,812	19,641	19,140	17,204	18,224
Total Debt	5,281	5,721	5,418	5,474	4,804	4,123
Net Cash (Debt)	-668.38	-1,001	-566.65	-1,373	-2,383	-574.94
Net Cash Per Share	-1.52	-2.28	-1.29	-3.13	-6.02	-1.44
Filing Date Shares Outstanding	442.64	440.45	440.55	442.46	400.8	396.17
Total Common Shares Outstanding	442.64	440.45	440.55	400.8	400.8	396.17
Working Capital	-1,592	-1,793	-1,105	-1,513	-2,139	-740.47
Book Value Per Share	18.36	17.82	16.96	16.85	12.87	15.93
Tangible Book Value	7,952	7,671	7,290	6,560	4,973	6,118
Tangible Book Value Per Share	17.97	17.42	16.55	16.37	12.41	15.44
Buildings	-	5,166	5,166	5,149	4,384	4,372
Machinery	-	1,067	1,113	1,149	1,219	1,205
Construction In Progress	-	5.26	1.13	9.78	6.31	21.58

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