SHA:600826 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	2,193	2,125	1,458	1,423	1,635	1,136
Trading Asset Securities	342.94	516.25	697.59	649.5	1,409	1,312
Cash & Short-Term Investments	2,536	2,641	2,156	2,073	3,045	2,448
Cash Growth	15.84%	22.53%	3.99%	-31.92%	24.36%	-0.71%
Accounts Receivable	205.28	199.07	229.96	128.2	138.34	93.66
Other Receivables	16.83	11.02	48.25	72.84	21.75	21.61
Receivables	222.11	210.08	278.21	201.04	160.1	115.27
Inventory	18.72	11.95	12.44	17.06	21.25	33.51
Prepaid Expenses	-	-	8.11	5.14	1.84	2.19
Other Current Assets	89.64	46.17	14.73	61.85	26.54	19.08
Total Current Assets	2,866	2,910	2,469	2,358	3,255	2,618
Property, Plant & Equipment	671.04	705.33	792.08	900.09	494.91	597.68
Long-Term Investments	1,965	2,222	2,305	2,073	1,874	1,958
Goodwill	49.36	49.36	45.63	17.39	17.39	7.63
Other Intangible Assets	0.83	0.76	0.63	0.84	0.57	0.64
Long-Term Deferred Tax Assets	75.45	64.36	126.71	155.54	102.76	30.99
Long-Term Deferred Charges	40.53	42.03	47.13	20.66	16.22	9.28
Other Long-Term Assets	0.79	0.84	1.08	1.32	0.59	0
Total Assets	5,669	5,994	5,787	5,527	5,761	5,222
Accounts Payable	236.04	338.78	303	297.73	292.58	231.74
Accrued Expenses	58.21	104.19	132.47	98.27	91.4	74.76
Short-Term Debt	-	-	2	100.06	500.33	-
Current Portion of Long-Term Debt	105.12	105.68	2.11	2.13	-	-
Current Portion of Leases	-	-	90.87	85.2	86.33	80.74
Current Income Taxes Payable	30.24	85.99	41.2	19.48	64.24	22.49
Current Unearned Revenue	258.2	90.53	107.77	112.17	207.69	202.58
Other Current Liabilities	136.01	124.47	221.85	245.64	516.46	254.03
Total Current Liabilities	823.81	849.65	901.26	960.68	1,759	866.34
Long-Term Debt	192	192	194	196	-	-
Long-Term Leases	76.43	112.1	203.21	285.15	412.66	500.18
Long-Term Unearned Revenue	0.9	0.9	-	2.32	2.32	-
Long-Term Deferred Tax Liabilities	104.36	159.36	174.99	112.06	-	63.55
Total Liabilities	1,197	1,314	1,473	1,556	2,174	1,430
Common Stock	735.53	735.53	735.53	528.62	532.76	535.92
Additional Paid-In Capital	52.08	52.08	20.07	24.88	28.64	45.42
Retained Earnings	3,517	3,531	3,209	3,243	3,025	2,969
Treasury Stock	-100.02	-100.02	-100.02	-	-4.14	-25.09
Comprehensive Income & Other	131.66	328.29	323.57	76.21	-62.69	190.2
Total Common Equity	4,337	4,547	4,188	3,873	3,520	3,716
Minority Interest	135.06	133.6	126.02	97.93	66.76	76.35
Shareholders' Equity	4,472	4,680	4,314	3,971	3,587	3,792
Total Liabilities & Equity	5,669	5,994	5,787	5,527	5,761	5,222
Total Debt	373.55	409.78	492.19	668.54	999.32	580.92
Net Cash (Debt)	2,162	2,232	1,664	1,404	2,045	1,867
Net Cash Growth	25.61%	34.15%	18.45%	-31.34%	9.54%	-24.27%
Net Cash Per Share	3.16	3.08	2.30	1.89	2.68	2.44
Filing Date Shares Outstanding	662.23	722.02	724.18	740.07	745.87	750.29
Total Common Shares Outstanding	662.23	722.02	724.18	740.07	745.87	750.29
Working Capital	2,043	2,060	1,568	1,397	1,496	1,752
Book Value Per Share	6.55	6.30	5.78	5.23	4.72	4.95
Tangible Book Value	4,286	4,496	4,142	3,855	3,502	3,708
Tangible Book Value Per Share	6.47	6.23	5.72	5.21	4.70	4.94
Buildings	-	-	566.5	566.5	47.17	63.53
Machinery	-	-	25.87	24.64	21.52	22.89
Construction In Progress	-	-	-	17.39	-	2.62

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