SHA:600764 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	2,302	2,477	2,444	2,905	2,697	2,493
Cash & Short-Term Investments	2,302	2,477	2,444	2,905	2,697	2,493
Cash Growth	5.53%	1.34%	-15.87%	7.70%	8.21%	6.56%
Accounts Receivable	5,235	5,432	5,070	4,885	4,119	4,157
Other Receivables	71.11	31.42	39.12	49.13	66.95	47.78
Receivables	5,307	5,463	5,110	4,935	4,186	4,205
Inventory	1,424	1,362	1,686	1,513	1,591	1,790
Prepaid Expenses	-	7.22	7.29	7.22	7.23	-
Other Current Assets	167.58	147.06	152.96	176.8	133.61	155.85
Total Current Assets	9,199	9,456	9,400	9,537	8,615	8,643
Property, Plant & Equipment	1,308	1,312	1,248	1,495	1,411	1,207
Long-Term Investments	299.19	299.19	303	304.57	304.43	89.92
Other Intangible Assets	284.46	288.43	276.34	246.38	255.37	261.4
Long-Term Deferred Tax Assets	71.6	73.49	54.72	44.79	39.95	29.97
Long-Term Deferred Charges	2.25	2.13	2.71	4.55	5.98	2.25
Other Long-Term Assets	415.52	422.59	459.32	64.38	50.68	28.1
Total Assets	11,581	11,854	11,744	11,697	10,682	10,262
Accounts Payable	1,872	1,976	1,884	1,805	1,466	1,345
Accrued Expenses	3.25	107.85	108.88	120	143.99	76.12
Short-Term Debt	391.15	366.9	422.83	435.87	302.75	402.82
Current Portion of Long-Term Debt	36.02	12.18	6.65	242.19	0.22	-
Current Portion of Leases	-	24.77	28.94	10.34	48.1	42.87
Current Income Taxes Payable	10.1	5.3	12.85	19.43	34.11	30.1
Current Unearned Revenue	158.06	142.59	146.49	120.33	51.92	214.1
Other Current Liabilities	177	309.62	267.32	341.75	317.28	363.16
Total Current Liabilities	2,648	2,945	2,878	3,095	2,364	2,474
Long-Term Debt	304.5	304.5	267.5	145	415	208.02
Long-Term Leases	6.21	6.35	31.39	0.64	7.57	39.97
Long-Term Unearned Revenue	49.94	49.19	53.97	56.39	36.56	29.75
Long-Term Deferred Tax Liabilities	4.45	4.45	8.83	1.23	8.38	-
Other Long-Term Liabilities	85.84	89.43	91.45	71.11	70.57	68.05
Total Liabilities	3,099	3,399	3,331	3,369	2,902	2,820
Common Stock	710.63	710.63	710.63	710.63	710.63	710.63
Additional Paid-In Capital	3,153	3,153	3,153	3,163	3,016	3,012
Retained Earnings	4,340	4,314	4,286	4,200	4,067	3,738
Comprehensive Income & Other	-0.65	-1.87	-4.15	-5.52	-14.21	-18.54
Total Common Equity	8,203	8,175	8,145	8,069	7,780	7,442
Minority Interest	279.56	279.55	268.81	259.09	-	-
Shareholders' Equity	8,482	8,455	8,414	8,328	7,780	7,442
Total Liabilities & Equity	11,581	11,854	11,744	11,697	10,682	10,262
Total Debt	737.89	714.7	757.3	834.04	773.64	693.68
Net Cash (Debt)	1,564	1,762	1,687	2,071	1,924	1,799
Net Cash Growth	8.99%	4.47%	-18.55%	7.66%	6.93%	-2.77%
Net Cash Per Share	2.20	-	2.37	2.91	2.71	2.53
Filing Date Shares Outstanding	710.99	-	710.63	710.63	710.63	710.63
Total Common Shares Outstanding	710.99	-	710.63	710.63	710.63	710.63
Working Capital	6,552	6,511	6,522	6,442	6,251	6,169
Book Value Per Share	11.54	-	11.46	11.35	10.95	10.47
Tangible Book Value	7,918	7,887	7,868	7,822	7,525	7,180
Tangible Book Value Per Share	11.14	-	11.07	11.01	10.59	10.10
Buildings	-	938.96	786.59	753.52	751.29	744.8
Machinery	-	1,103	1,060	1,005	964.77	849.06
Construction In Progress	-	325.91	344.82	641.82	471.77	306.94