SHA:600835 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	13,360	13,676	13,290	12,975	12,193	11,741
Trading Asset Securities	6.96	10.18	7.26	7.11	9.39	8.48
Cash & Short-Term Investments	13,367	13,687	13,297	12,982	12,203	11,750
Cash Growth	1.97%	2.93%	2.43%	6.39%	3.85%	-0.56%
Accounts Receivable	6,664	6,648	6,990	6,624	7,311	6,982
Other Receivables	275.5	369.27	380.03	343.9	373.63	310.88
Receivables	6,940	7,017	7,370	6,968	7,685	7,292
Inventory	4,328	4,536	6,073	8,336	8,941	9,382
Other Current Assets	1,332	1,324	1,799	2,414	2,089	2,096
Total Current Assets	25,967	26,564	28,538	30,700	30,918	30,520
Property, Plant & Equipment	1,498	1,541	1,657	1,792	1,900	1,993
Long-Term Investments	3,771	3,705	3,607	3,503	3,529	3,578
Goodwill	-	-	-	4.4	4.4	-
Other Intangible Assets	276.51	279.23	282.45	301.45	327.07	337.95
Long-Term Accounts Receivable	1.13	1.56	9.63	-	0.55	1.37
Long-Term Deferred Tax Assets	648.31	648.51	613.8	588.25	552.79	533.83
Long-Term Deferred Charges	17.78	18.57	6.01	1.95	1.01	1.26
Other Long-Term Assets	696.37	674.47	451.34	325.5	274.06	246.46
Total Assets	32,876	33,432	35,166	37,217	37,507	37,212
Accounts Payable	4,352	4,345	4,477	4,165	4,331	3,994
Accrued Expenses	1,078	1,773	1,802	1,872	1,721	1,689
Short-Term Debt	14.68	14.98	11.89	66	44.2	40.56
Current Portion of Leases	28.27	28.82	36.16	28.34	33.48	29.67
Current Income Taxes Payable	126.86	151.29	140.83	163.89	133.88	150.25
Current Unearned Revenue	8,535	9,102	11,131	13,618	14,620	15,648
Other Current Liabilities	1,335	759.91	871.9	718.71	639.22	598.38
Total Current Liabilities	15,470	16,175	18,470	20,632	21,522	22,149
Long-Term Leases	40.59	40.6	36.03	38.19	40.48	49.46
Long-Term Unearned Revenue	151.51	154.85	168.21	181.56	206.21	220.36
Pension & Post-Retirement Benefits	-	28.75	31.71	36.41	37.61	44.6
Long-Term Deferred Tax Liabilities	81.33	80.43	77.24	71.3	66.03	64.7
Other Long-Term Liabilities	65.87	37.18	40.09	48.46	49.55	48.19
Total Liabilities	15,810	16,517	18,823	21,008	21,922	22,576
Common Stock	1,023	1,023	1,023	1,023	1,023	1,023
Additional Paid-In Capital	1,942	1,942	1,942	1,942	1,942	1,942
Retained Earnings	11,288	11,110	10,747	10,497	9,983	9,343
Treasury Stock	-118.93	-20.33	-	-	-	-
Comprehensive Income & Other	7.72	7.39	5.1	5.15	5.94	6.84
Total Common Equity	14,142	14,062	13,717	13,467	12,954	12,315
Minority Interest	2,925	2,853	2,626	2,742	2,631	2,321
Shareholders' Equity	17,066	16,915	16,342	16,209	15,584	14,636
Total Liabilities & Equity	32,876	33,432	35,166	37,217	37,507	37,212
Total Debt	83.54	84.4	84.07	132.53	118.16	119.69
Net Cash (Debt)	13,283	13,602	13,213	12,850	12,085	11,630
Net Cash Growth	2.01%	2.94%	2.83%	6.33%	3.91%	-0.74%
Net Cash Per Share	12.89	13.30	12.92	12.56	11.82	11.37
Filing Date Shares Outstanding	1,023	1,023	1,023	1,023	1,023	1,023
Total Common Shares Outstanding	1,023	1,023	1,023	1,023	1,023	1,023
Working Capital	10,497	10,389	10,068	10,068	9,396	8,371
Book Value Per Share	13.83	13.75	13.41	13.17	12.67	12.04
Tangible Book Value	13,865	13,782	13,434	13,161	12,622	11,977
Tangible Book Value Per Share	13.56	13.48	13.14	12.87	12.34	11.71
Buildings	-	1,748	1,785	1,763	1,678	1,722
Machinery	-	2,705	2,638	2,720	2,725	2,622
Construction In Progress	-	26.59	55.49	58.24	43.01	66.58

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