SHA:600789 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	2,110	2,344	772.54	798.46	688.81	576.85
Trading Asset Securities	-	-	1.22	1.19	1.26	1.21
Cash & Short-Term Investments	2,110	2,344	773.76	799.65	690.07	578.06
Cash Growth	199.75%	202.98%	-3.24%	15.88%	19.38%	-10.90%
Accounts Receivable	1,102	1,016	1,437	1,346	1,232	824.41
Other Receivables	254.49	264.82	354.78	14.97	18.42	31.36
Receivables	1,357	1,280	1,792	1,361	1,251	855.76
Inventory	1,249	1,247	1,484	1,406	1,481	1,208
Prepaid Expenses	-	-	3.98	2.82	1.29	-
Other Current Assets	110.82	78.66	76.54	78.32	86.17	109.49
Total Current Assets	4,827	4,951	4,130	3,648	3,509	2,751
Property, Plant & Equipment	3,846	3,900	3,833	3,887	4,047	3,921
Long-Term Investments	78.6	80.27	88	103.13	89.84	69.67
Other Intangible Assets	774.94	786.79	766.2	724.04	603.01	570.13
Long-Term Deferred Tax Assets	40.65	40.52	24.03	31.02	25.98	21.66
Long-Term Deferred Charges	133.14	125.38	128.4	107.79	148.58	170.17
Other Long-Term Assets	182.87	150.19	128.52	301.58	304.76	318.47
Total Assets	9,883	10,034	9,098	8,802	8,728	7,822
Accounts Payable	1,263	1,048	1,503	1,503	1,611	1,164
Accrued Expenses	19.75	24.83	144.57	140.38	145.08	104.27
Short-Term Debt	915.51	1,108	871.77	1,102	1,344	1,282
Current Portion of Long-Term Debt	594.98	872.3	282.56	464.63	640.6	673.07
Current Portion of Leases	-	-	-	-	1.57	0.88
Current Income Taxes Payable	54.37	49.3	1.97	5.9	4.67	5.46
Current Unearned Revenue	83.18	82.81	167.61	209.08	216.6	129.49
Other Current Liabilities	217.11	213.11	89.76	92.2	165.3	118.36
Total Current Liabilities	3,148	3,398	3,061	3,517	4,129	3,478
Long-Term Debt	1,138	1,089	1,686	1,309	867.18	692.4
Long-Term Leases	-	-	-	-	-	0.62
Long-Term Unearned Revenue	282.59	288.03	165.72	110.97	100.41	99.04
Other Long-Term Liabilities	2	2	123.86	123.86	123.86	123.86
Total Liabilities	4,570	4,777	5,036	5,061	5,220	4,394
Common Stock	1,045	1,045	898.67	896.04	886.88	880.6
Additional Paid-In Capital	2,738	2,738	1,698	1,683	1,630	1,653
Retained Earnings	1,407	1,354	1,342	1,047	849.26	755.36
Comprehensive Income & Other	-23.41	-23.06	-21.06	-14.29	-9.59	-5.58
Total Common Equity	5,168	5,115	3,918	3,612	3,357	3,283
Minority Interest	145.26	141.98	143.39	129.65	150.31	145.17
Shareholders' Equity	5,313	5,257	4,062	3,741	3,507	3,428
Total Liabilities & Equity	9,883	10,034	9,098	8,802	8,728	7,822
Total Debt	2,648	3,069	2,840	2,876	2,854	2,649
Net Cash (Debt)	-538.31	-725.14	-2,066	-2,076	-2,164	-2,071
Net Cash Per Share	-0.55	-0.77	-2.30	-2.36	-2.35	-2.32
Filing Date Shares Outstanding	1,065	1,096	898.67	896.04	886.88	880.6
Total Common Shares Outstanding	1,065	1,096	898.67	896.04	886.88	880.6
Working Capital	1,679	1,553	1,069	130.46	-620.23	-727.25
Book Value Per Share	4.85	4.67	4.36	4.03	3.79	3.73
Tangible Book Value	4,393	4,328	3,152	2,888	2,754	2,713
Tangible Book Value Per Share	4.12	3.95	3.51	3.22	3.11	3.08
Buildings	-	-	2,222	2,100	1,975	1,802
Machinery	-	-	3,803	3,629	3,503	3,054
Construction In Progress	-	-	121.86	100.97	175.53	359.25

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.