SHA:600845 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	4,333	4,076	4,551	5,960	4,929	4,300
Trading Asset Securities	8.82	9.18	5.97	5.84	5.63	7.95
Cash & Short-Term Investments	4,342	4,085	4,557	5,966	4,935	4,308
Cash Growth	-3.98%	-10.35%	-23.62%	20.89%	14.56%	-2.21%
Accounts Receivable	7,565	7,487	8,625	7,041	6,654	5,625
Other Receivables	69.34	70.45	52.83	34.84	60.97	64.81
Receivables	7,634	7,558	8,678	7,076	6,715	5,690
Inventory	4,277	4,080	2,723	3,524	3,148	3,062
Other Current Assets	707.92	762.2	696.94	567.06	684.71	580.84
Total Current Assets	16,960	16,485	16,655	17,133	15,482	13,641
Property, Plant & Equipment	4,073	4,096	3,187	2,974	2,350	2,360
Long-Term Investments	541.41	541.18	554	574.35	506.48	522.69
Goodwill	45.47	45.47	45.14	11.72	11.72	11.72
Other Intangible Assets	171.24	174.66	182.81	192.14	206.29	226.3
Long-Term Accounts Receivable	-	3.85	3.23	-	-	-
Long-Term Deferred Tax Assets	311.3	311.3	275.3	193.93	134.24	114.19
Long-Term Deferred Charges	555.93	593.45	665.21	751.94	840.43	943.83
Other Long-Term Assets	236.66	64.35	68.92	51.55	49.7	41.33
Total Assets	22,895	22,315	21,637	21,883	19,581	17,860
Accounts Payable	5,109	3,404	3,103	2,778	2,759	2,119
Accrued Expenses	182.43	1,419	1,350	1,477	1,285	1,121
Short-Term Debt	13.01	19.12	52.93	91.08	148.15	142.52
Current Portion of Long-Term Debt	118.63	0.25	0.25	-	-	0.07
Current Portion of Leases	-	114.81	94.64	82.99	63.41	78.2
Current Income Taxes Payable	17.22	8.81	10.7	13.18	22.89	28.35
Current Unearned Revenue	2,936	3,230	2,688	3,392	3,715	3,692
Other Current Liabilities	398.61	772.04	1,105	1,059	489.17	726.17
Total Current Liabilities	8,775	8,968	8,404	8,893	8,482	7,908
Long-Term Debt	871.28	470.77	3.4	-	-	-
Long-Term Leases	742.58	755.13	785.88	741.03	281.37	208.83
Long-Term Unearned Revenue	128.83	123.98	104.63	122.74	125.45	112.73
Long-Term Deferred Tax Liabilities	23.96	23.96	22.96	23.3	17.51	12.29
Other Long-Term Liabilities	28.07	28.29	30.1	13.82	14.35	14.45
Total Liabilities	10,570	10,370	9,351	9,794	8,921	8,257
Common Stock	2,871	2,871	2,884	2,403	1,976	1,520
Additional Paid-In Capital	3,029	3,029	3,310	3,666	3,235	3,554
Retained Earnings	5,716	5,334	5,760	5,898	4,946	4,280
Treasury Stock	-182.66	-182.66	-548.74	-654.89	-211.1	-334.49
Comprehensive Income & Other	-10.36	-9.39	-6.78	-5.23	-3.92	-2.06
Total Common Equity	11,422	11,042	11,398	11,307	9,943	9,017
Minority Interest	903.04	903.26	887.22	781.51	717.44	586.12
Shareholders' Equity	12,325	11,945	12,285	12,089	10,660	9,604
Total Liabilities & Equity	22,895	22,315	21,637	21,883	19,581	17,860
Total Debt	1,745	1,360	937.11	915.11	492.93	429.62
Net Cash (Debt)	2,596	2,725	3,620	5,051	4,442	3,878
Net Cash Growth	-27.80%	-24.71%	-28.33%	13.71%	14.55%	-11.48%
Net Cash Per Share	0.90	0.95	1.25	1.75	1.56	1.36
Filing Date Shares Outstanding	2,871	2,871	2,884	2,884	2,846	2,846
Total Common Shares Outstanding	2,871	2,871	2,884	2,884	2,846	2,846
Working Capital	8,185	7,517	8,251	8,240	7,000	5,732
Book Value Per Share	3.98	3.85	3.95	3.92	3.49	3.17
Tangible Book Value	11,206	10,822	11,170	11,104	9,725	8,779
Tangible Book Value Per Share	3.90	3.77	3.87	3.85	3.42	3.09
Buildings	-	417.82	347.94	347.94	202.69	165.78
Machinery	-	3,379	3,075	2,918	2,766	2,732
Construction In Progress	-	1,912	1,009	685.41	533.99	444.01

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