SHA:600820 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	24,599	27,067	23,908	21,824	20,600	17,993
Trading Asset Securities	1,278	599.69	484.8	-	-	-
Cash & Short-Term Investments	25,877	27,667	24,393	21,824	20,600	17,993
Cash Growth	32.13%	13.42%	11.77%	5.95%	14.49%	5.82%
Accounts Receivable	72,100	74,590	69,631	60,547	56,828	42,830
Other Receivables	991.74	754.41	1,067	1,336	1,175	874.13
Receivables	73,092	75,344	70,699	61,883	58,003	43,704
Inventory	1,307	1,009	1,159	1,175	676.39	704.18
Prepaid Expenses	-	30.37	58.68	91.88	173.53	167.64
Other Current Assets	6,619	2,935	2,231	2,192	2,267	2,354
Total Current Assets	106,895	106,985	98,540	87,165	81,719	64,923
Property, Plant & Equipment	5,384	5,617	4,998	8,183	8,361	9,415
Long-Term Investments	9,489	8,987	7,462	8,760	5,962	4,347
Goodwill	62	62	64.7	60.64	60.64	43.98
Other Intangible Assets	4,842	4,932	4,942	4,895	4,756	4,298
Long-Term Accounts Receivable	-	29,361	29,792	26,923	25,336	20,984
Long-Term Deferred Tax Assets	373.42	363.94	463.56	554.08	481.15	349.41
Long-Term Deferred Charges	123.88	122.08	107.25	116.92	121.13	107.16
Other Long-Term Assets	57,516	25,374	26,374	25,275	26,080	25,290
Total Assets	184,685	181,804	172,744	161,932	152,877	129,757
Accounts Payable	71,249	77,097	78,546	73,620	65,444	50,663
Accrued Expenses	214.69	616.92	773.79	613.07	1,362	1,023
Short-Term Debt	14,802	17,036	8,032	6,102	7,672	8,613
Current Portion of Long-Term Debt	8,149	5,399	7,003	4,450	2,283	4,664
Current Portion of Leases	-	202.37	143.37	115.75	125.78	41.73
Current Income Taxes Payable	336.1	409.64	458.13	332.32	403.15	364.71
Current Unearned Revenue	9,551	9,340	7,304	7,770	9,576	8,189
Other Current Liabilities	9,940	7,476	5,976	4,658	3,704	2,500
Total Current Liabilities	114,242	117,576	108,237	97,662	90,570	76,059
Long-Term Debt	20,333	18,419	22,853	25,045	24,655	21,370
Long-Term Leases	428.19	287.6	214.31	132.63	210.23	195.43
Long-Term Unearned Revenue	419.17	417.18	513.05	1,315	1,411	1,440
Pension & Post-Retirement Benefits	-	152.09	163.16	206.79	205.82	256.04
Long-Term Deferred Tax Liabilities	574.79	574.33	1,000	1,027	685.66	464.95
Other Long-Term Liabilities	1,418	382.31	373.06	877.89	1,020	605.02
Total Liabilities	137,415	137,809	133,354	126,266	118,757	100,390
Common Stock	3,144	3,144	3,144	3,144	3,144	3,144
Additional Paid-In Capital	6,352	6,356	6,378	6,459	7,006	6,629
Retained Earnings	21,682	21,470	20,284	18,501	16,713	14,732
Comprehensive Income & Other	12,960	9,982	4,831	845.23	683.56	406.65
Total Common Equity	44,139	40,953	34,636	28,949	27,547	24,912
Minority Interest	3,131	3,042	4,754	6,716	6,572	4,455
Shareholders' Equity	47,270	43,995	39,390	35,666	34,120	29,367
Total Liabilities & Equity	184,685	181,804	172,744	161,932	152,877	129,757
Total Debt	43,713	41,344	38,245	35,845	34,946	34,884
Net Cash (Debt)	-17,836	-13,677	-13,852	-14,021	-14,346	-16,891
Net Cash Per Share	-5.16	-4.08	-4.39	-4.48	-4.57	-5.36
Filing Date Shares Outstanding	3,715	3,144	3,144	3,144	3,144	3,144
Total Common Shares Outstanding	3,715	3,144	3,144	3,144	3,144	3,144
Working Capital	-7,347	-10,591	-9,697	-10,497	-8,851	-11,136
Book Value Per Share	11.88	10.16	9.74	9.21	8.76	7.92
Tangible Book Value	39,235	35,959	29,629	23,994	22,731	20,570
Tangible Book Value Per Share	10.56	8.57	8.15	7.63	7.23	6.54
Buildings	-	1,976	1,855	1,912	1,909	1,788
Machinery	-	8,874	7,922	7,971	7,877	6,788
Construction In Progress	-	1,215	1,070	3,783	3,626	5,640

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