SHA:600738 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	281.8	389.79	316.32	491.27	299.66	147.2
Short-Term Investments	-	10.52	-	-	-	-
Cash & Short-Term Investments	281.8	400.32	316.32	491.27	299.66	147.2
Cash Growth	27.03%	26.55%	-35.61%	63.94%	103.57%	-75.38%
Accounts Receivable	57.44	63.63	154.27	95.98	58.51	40.74
Other Receivables	3.74	15.04	17.43	19.56	14.03	14.21
Receivables	61.18	78.67	171.7	115.54	72.54	54.96
Inventory	33.96	30.08	56	63.93	194.57	170.23
Prepaid Expenses	-	0	0.05	0.84	0.67	7.11
Other Current Assets	121.82	12.52	51.42	44.97	18.22	25.27
Total Current Assets	498.77	521.59	595.49	716.55	585.67	404.77
Property, Plant & Equipment	492.2	499.66	607.93	214.83	250.01	1,351
Long-Term Investments	179.23	278.13	264.28	95.73	335.09	249.71
Other Intangible Assets	63.9	65.31	51.94	28.7	30.52	130.02
Long-Term Accounts Receivable	-	153.83	-	229.35	229.02	236.97
Long-Term Deferred Tax Assets	47.34	47.14	51.08	10.84	7.51	2.42
Long-Term Deferred Charges	11.36	12.8	24.21	33.23	18.79	16.45
Other Long-Term Assets	1,943	1,809	1,900	2,249	2,207	1,123
Total Assets	3,236	3,387	3,495	3,578	3,664	3,514
Accounts Payable	40.17	41.12	71.3	80.89	81.81	147.85
Accrued Expenses	11.56	39.43	34.76	34.21	30.26	36.4
Short-Term Debt	-	0.1	96.11	47.65	183.46	119.98
Current Portion of Long-Term Debt	0.18	208.57	60.67	67.29	31.83	0.74
Current Portion of Leases	-	1.05	5.63	7.81	5.02	79.58
Current Income Taxes Payable	32.44	12.05	10.68	18.42	9.32	25.08
Current Unearned Revenue	110.6	575.23	623.59	401.94	165.52	144.59
Other Current Liabilities	642.05	177.81	170.3	460.26	679.37	645.8
Total Current Liabilities	837.01	1,055	1,073	1,118	1,187	1,200
Long-Term Debt	193.25	193.25	456.48	491.03	535.58	446.67
Long-Term Leases	-	-	1.05	8.63	12.03	22.31
Long-Term Unearned Revenue	1.18	1.19	-	-	5	-
Long-Term Deferred Tax Liabilities	42.44	42.24	47.94	3.79	4.23	1.57
Other Long-Term Liabilities	2	2	2	5.91	2	2
Total Liabilities	1,076	1,294	1,580	1,628	1,745	1,673
Common Stock	761.34	761.34	761.34	761.34	761.34	773.46
Additional Paid-In Capital	268.39	263.18	273.4	270.87	248.66	338.11
Retained Earnings	1,242	1,180	1,027	984.3	901.66	867.99
Treasury Stock	-111.3	-111.3	-130.79	-75.2	-	-139.98
Total Common Equity	2,160	2,094	1,931	1,941	1,912	1,840
Minority Interest	-0.31	-0.31	-17.2	8.88	6.83	2.3
Shareholders' Equity	2,160	2,093	1,914	1,950	1,918	1,842
Total Liabilities & Equity	3,236	3,387	3,495	3,578	3,664	3,514
Total Debt	193.44	402.96	619.93	622.41	767.91	669.29
Net Cash (Debt)	88.37	-2.65	-303.61	-131.14	-468.25	-522.09
Net Cash Per Share	0.12	-0.00	-0.42	-0.17	-0.60	-0.67
Filing Date Shares Outstanding	767.34	742.66	735.27	742.55	761.34	750.99
Total Common Shares Outstanding	767.34	742.66	735.27	748.13	761.34	750.99
Working Capital	-338.24	-533.75	-477.54	-401.92	-600.92	-795.27
Book Value Per Share	2.82	2.82	2.63	2.59	2.51	2.45
Tangible Book Value	2,096	2,028	1,879	1,913	1,881	1,710
Tangible Book Value Per Share	2.73	2.73	2.56	2.56	2.47	2.28
Buildings	-	835.38	758.46	512.73	577.2	1,721
Machinery	-	133.59	100.61	102.5	95.77	96.06
Construction In Progress	-	1.96	19.08	2.01	4.31	3.28

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