SHA:600748 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	3,976	4,740	4,140	3,969	8,056	4,484
Cash & Short-Term Investments	3,976	4,740	4,140	3,969	8,056	4,484
Cash Growth	19.42%	14.49%	4.33%	-50.74%	79.66%	-32.94%
Accounts Receivable	262.9	145.83	89.92	98.39	135.01	140.43
Other Receivables	62.68	106.33	245.81	145.92	214.94	398.54
Receivables	325.59	252.16	335.72	244.31	349.96	538.97
Inventory	13,351	13,215	13,800	13,711	14,441	21,981
Prepaid Expenses	-	92.77	83.26	82.62	205.3	69.89
Other Current Assets	568.6	455.04	334.93	527.56	11,930	6,593
Total Current Assets	18,221	18,756	18,694	18,534	34,983	33,667
Property, Plant & Equipment	1,905	1,938	2,068	2,184	766.46	800.34
Long-Term Investments	5,199	5,208	5,289	5,450	5,619	848.59
Goodwill	40.46	40.46	40.46	40.46	40.46	40.46
Other Intangible Assets	0.51	0.53	0.73	2.72	4.34	5.95
Long-Term Deferred Charges	-	-	-	0.89	3.25	6.21
Other Long-Term Assets	4,152	4,182	4,361	4,507	3,929	4,174
Total Assets	29,518	30,124	30,453	30,720	45,345	39,543
Accounts Payable	417.9	543.27	980.58	1,632	1,373	1,411
Accrued Expenses	55.89	554.35	937.27	2,043	1,495	1,860
Short-Term Debt	-	-	-	1,216	1,735	2,235
Current Portion of Long-Term Debt	8,467	5,100	2,136	3,948	3,405	4,651
Current Portion of Leases	-	5.9	5.22	5.81	12	8.15
Current Income Taxes Payable	478.87	23.06	54.16	100.2	52.52	255.63
Current Unearned Revenue	1,644	1,639	268.85	198.64	7,303	5,616
Other Current Liabilities	994.34	946.23	943.19	1,734	9,726	1,930
Total Current Liabilities	12,058	8,812	5,325	10,879	25,101	17,966
Long-Term Debt	5,205	8,896	12,066	8,076	8,774	9,997
Long-Term Leases	6.65	7.46	6.48	8.46	14.16	9.18
Long-Term Deferred Tax Liabilities	15.47	15.49	43.9	53.05	49.17	51.29
Other Long-Term Liabilities	-	-	59.73	402.28	396.31	396.31
Total Liabilities	17,285	17,731	17,501	19,418	34,335	28,419
Common Stock	1,845	1,845	1,845	1,845	1,845	1,845
Additional Paid-In Capital	4,034	4,021	4,021	2,578	2,600	2,600
Retained Earnings	4,589	4,706	5,324	5,654	5,562	5,600
Comprehensive Income & Other	-136.05	-136.05	-137.42	-30.58	-20.84	-20.84
Total Common Equity	10,331	10,436	11,052	10,046	9,986	10,024
Minority Interest	1,902	1,958	1,900	1,256	1,024	1,099
Shareholders' Equity	12,233	12,393	12,952	11,302	11,010	11,123
Total Liabilities & Equity	29,518	30,124	30,453	30,720	45,345	39,543
Total Debt	13,679	14,010	14,213	13,255	13,940	16,900
Net Cash (Debt)	-9,703	-9,269	-10,072	-9,286	-5,884	-12,415
Net Cash Per Share	-5.41	-5.10	-5.53	-5.04	-3.36	-5.41
Filing Date Shares Outstanding	1,948	1,845	1,845	1,845	1,845	1,845
Total Common Shares Outstanding	1,948	1,845	1,845	1,845	1,845	1,845
Working Capital	6,163	9,944	13,369	7,656	9,881	15,701
Book Value Per Share	5.30	5.66	5.99	5.45	5.41	5.43
Tangible Book Value	10,290	10,395	11,011	10,003	9,941	9,978
Tangible Book Value Per Share	5.28	5.64	5.97	5.42	5.39	5.41
Buildings	-	2,202	2,233	2,229	840.46	843.09
Machinery	-	200.02	202.69	218.26	107.45	107.92

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