SHA:600775 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	769.37	1,125	757.64	877.14	1,059	963.22
Short-Term Investments	-	213.35	245.89	-	-	-
Trading Asset Securities	413.72	498.12	491.59	485.16	503.81	472.24
Cash & Short-Term Investments	1,183	1,837	1,495	1,362	1,563	1,435
Cash Growth	-1.91%	22.84%	9.75%	-12.85%	8.90%	-21.00%
Accounts Receivable	1,632	1,650	1,680	1,559	1,505	1,348
Other Receivables	23.09	17.15	12.73	35.09	50.58	51.03
Receivables	1,655	1,667	1,693	1,595	1,556	1,399
Inventory	503.7	453.95	487.81	570.78	601.45	975.42
Other Current Assets	625.89	74.15	54.29	376.82	162.19	201.4
Total Current Assets	3,967	4,032	3,730	3,904	3,883	4,011
Property, Plant & Equipment	677.28	732.5	774.38	823.62	867.23	931.83
Long-Term Investments	424.71	410.75	492.99	469.85	719.77	706.13
Other Intangible Assets	82.33	83.92	98.47	112.25	130.57	150.97
Long-Term Deferred Tax Assets	20.5	21.55	19.54	21.27	21.74	17.02
Long-Term Deferred Charges	9.87	11.19	16.4	18.65	10.98	10.93
Other Long-Term Assets	218.38	176.06	188.63	190.86	232.26	229.79
Total Assets	5,400	5,468	5,321	5,541	5,865	6,058
Accounts Payable	1,586	1,574	1,439	1,518	1,674	1,822
Accrued Expenses	61.07	124.36	113.11	74.22	95.86	61.19
Short-Term Debt	-	-	42.33	70.11	-	-
Current Portion of Leases	-	5.04	4.15	4.09	6.12	9.08
Current Income Taxes Payable	-	3.08	5.33	9.23	8.48	9.05
Current Unearned Revenue	150.84	164.39	124.67	100.77	78.56	170.5
Other Current Liabilities	156.94	153.19	155.02	125.27	124.96	122.59
Total Current Liabilities	1,955	2,024	1,883	1,902	1,988	2,195
Long-Term Leases	5.66	2.63	4.63	9.1	5.2	3.59
Long-Term Unearned Revenue	24.07	26.26	32.42	40.34	46.54	44.92
Long-Term Deferred Tax Liabilities	6.62	5.62	5.03	6.35	6.74	0.4
Other Long-Term Liabilities	2.8	2.29	6	6.45	8.73	11.84
Total Liabilities	1,995	2,061	1,931	1,964	2,055	2,256
Common Stock	913.84	913.84	913.84	913.84	913.84	913.84
Additional Paid-In Capital	1,470	1,470	1,471	1,471	1,471	1,471
Retained Earnings	726.89	740.22	729.49	918.34	1,170	1,143
Comprehensive Income & Other	-	-	0.28	0.36	-0.95	-0.07
Total Common Equity	3,111	3,124	3,114	3,303	3,554	3,527
Minority Interest	294.53	283	275.32	273.8	256.29	275.15
Shareholders' Equity	3,406	3,407	3,390	3,577	3,810	3,802
Total Liabilities & Equity	5,400	5,468	5,321	5,541	5,865	6,058
Total Debt	6.42	7.67	51.1	83.3	11.31	12.66
Net Cash (Debt)	1,177	1,829	1,444	1,279	1,552	1,423
Net Cash Growth	-0.32%	26.66%	12.90%	-17.58%	9.07%	-20.99%
Net Cash Per Share	1.28	1.99	1.58	1.40	1.70	1.56
Filing Date Shares Outstanding	913.35	913.84	913.84	913.84	913.84	913.84
Total Common Shares Outstanding	913.35	913.84	913.84	913.84	913.84	913.84
Working Capital	2,012	2,008	1,847	2,003	1,895	1,816
Book Value Per Share	3.41	3.42	3.41	3.61	3.89	3.86
Tangible Book Value	3,029	3,040	3,016	3,191	3,423	3,376
Tangible Book Value Per Share	3.32	3.33	3.30	3.49	3.75	3.69
Buildings	-	946.57	945.93	944.59	921.96	866.34
Machinery	-	778.04	751.96	735.56	731.24	741.75
Construction In Progress	-	0.78	1.51	0.99	1.22	1.66

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