SHA:600737 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	1,960	1,465	836.64	1,006	1,353	1,671
Short-Term Investments	-	-	-	-	900	-
Trading Asset Securities	-	-	-	1.29	7.91	0.38
Cash & Short-Term Investments	1,960	1,465	836.64	1,007	2,261	1,671
Cash Growth	1.84%	75.07%	-16.95%	-55.45%	35.31%	66.75%
Accounts Receivable	911.65	1,179	1,169	1,140	981.25	1,001
Other Receivables	1,624	1,379	1,853	1,841	2,136	1,276
Receivables	2,536	2,558	3,022	2,981	3,117	2,277
Inventory	9,206	9,092	8,524	9,679	7,512	7,156
Prepaid Expenses	-	-	-	-	-	0.01
Other Current Assets	2,297	1,729	1,512	2,031	1,823	1,449
Total Current Assets	15,999	14,844	13,894	15,699	14,713	12,553
Property, Plant & Equipment	4,830	4,860	4,774	4,267	3,970	3,983
Long-Term Investments	56.22	60.81	61.46	67.63	96.4	995.3
Goodwill	0.02	0.02	173.56	173.56	173.56	173.56
Other Intangible Assets	752.27	760.94	787.92	787.88	812.78	788.56
Long-Term Accounts Receivable	-	-	12.08	27.25	39.39	53.61
Long-Term Deferred Tax Assets	299.76	295.32	307.84	390.93	205.36	134.53
Long-Term Deferred Charges	55.14	59.75	71.71	46.57	41.95	37.52
Other Long-Term Assets	18.49	18.34	20.09	19.24	19.74	20.38
Total Assets	22,011	20,899	20,103	21,479	20,073	18,740
Accounts Payable	1,462	1,606	1,952	1,116	2,298	2,217
Accrued Expenses	271.86	230.24	833.92	1,822	965.31	869.52
Short-Term Debt	5,435	4,438	3,494	3,668	2,681	2,341
Current Portion of Long-Term Debt	148.16	155.77	-	-	1,200	-
Current Portion of Leases	-	-	30.31	35.73	34.61	35.43
Current Income Taxes Payable	130.98	103.03	70.41	79.1	85.18	80.97
Current Unearned Revenue	882.53	1,334	603.77	1,594	718.18	460.32
Other Current Liabilities	1,514	1,106	988.43	1,022	943.27	1,004
Total Current Liabilities	9,844	8,973	7,973	9,336	8,925	7,008
Long-Term Debt	-	-	-	-	-	1,198
Long-Term Leases	28.86	43.14	41.97	54.81	76.98	99.01
Long-Term Unearned Revenue	134.5	114.88	110.19	105.45	96.98	91.15
Pension & Post-Retirement Benefits	-	-	-	-	0.01	0.59
Long-Term Deferred Tax Liabilities	112.42	88.43	110.13	125.15	100.51	153.46
Other Long-Term Liabilities	5.4	5.4	104.48	21.81	5.43	6.64
Total Liabilities	10,125	9,225	8,339	9,644	9,205	8,557
Common Stock	2,139	2,139	2,139	2,139	2,139	2,139
Additional Paid-In Capital	4,628	4,628	4,628	4,628	4,697	4,629
Retained Earnings	3,909	3,693	3,619	3,680	2,676	2,179
Comprehensive Income & Other	955.67	965.47	1,127	1,156	1,152	1,070
Total Common Equity	11,632	11,426	11,513	11,603	10,663	10,018
Minority Interest	253.73	248.77	250.94	232.32	203.83	165.02
Shareholders' Equity	11,886	11,674	11,764	11,835	10,867	10,183
Total Liabilities & Equity	22,011	20,899	20,103	21,479	20,073	18,740
Total Debt	5,612	4,637	3,566	3,758	3,993	3,674
Net Cash (Debt)	-3,651	-3,172	-2,729	-2,751	-1,732	-2,003
Net Cash Per Share	-1.71	-1.48	-1.28	-1.29	-0.81	-0.94
Filing Date Shares Outstanding	2,138	2,140	2,139	2,139	2,139	2,139
Total Common Shares Outstanding	2,138	2,140	2,139	2,139	2,139	2,139
Working Capital	6,155	5,871	5,922	6,362	5,788	5,545
Book Value Per Share	5.44	5.34	5.38	5.42	4.99	4.68
Tangible Book Value	10,879	10,665	10,552	10,641	9,677	9,055
Tangible Book Value Per Share	5.09	4.98	4.93	4.98	4.52	4.23
Land	-	-	110.06	118.7	115.29	112.97
Buildings	-	-	3,115	2,751	2,606	2,563
Machinery	-	-	6,208	5,511	5,227	5,025
Construction In Progress	-	-	148.66	440.11	282.6	153.74

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