SHA:600846 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	3,609	3,620	2,474	2,197	4,459	2,931
Trading Asset Securities	6.52	7.27	7.43	6.26	5.67	6.69
Cash & Short-Term Investments	3,616	3,627	2,482	2,204	4,464	2,938
Cash Growth	33.90%	46.16%	12.61%	-50.64%	51.94%	-15.42%
Accounts Receivable	2,528	2,727	2,546	1,756	1,761	1,280
Other Receivables	149.56	108.56	109.63	230.82	129.69	118.14
Receivables	2,677	2,836	2,655	1,986	1,891	1,398
Inventory	4,531	4,538	4,870	3,205	2,791	3,253
Prepaid Expenses	-	154.54	133.72	96.62	231.94	159.32
Other Current Assets	176.12	76.93	91.44	43.49	108.72	47.86
Total Current Assets	11,000	11,233	10,233	7,535	9,487	7,796
Property, Plant & Equipment	124.19	179.23	184.51	158.66	139.67	217.64
Long-Term Investments	498.69	478.7	432.91	383.43	357.81	371.11
Goodwill	45.84	45.84	45.84	4.34	-	-
Other Intangible Assets	678.2	637.61	696.94	692.77	744.97	739.91
Long-Term Deferred Tax Assets	49.73	50.85	46.5	27.85	11.1	8.03
Long-Term Deferred Charges	14.48	15.91	21.5	11.17	7.27	8.11
Other Long-Term Assets	446.75	454.94	502.51	404.63	90.45	160.6
Total Assets	12,858	13,096	12,163	9,218	10,838	9,302
Accounts Payable	2,900	2,938	2,645	2,169	2,020	1,668
Accrued Expenses	11.65	148.25	131.44	99.14	198.93	155.32
Short-Term Debt	1,695	1,595	1,696	1,486	1,100	1,100
Current Portion of Long-Term Debt	281.24	196.21	8.15	3.72	2.79	29
Current Portion of Leases	-	7.88	7.26	2.43	2.34	2.85
Current Income Taxes Payable	28.14	22.61	133.88	19.46	16.58	21.05
Current Unearned Revenue	1,750	2,149	1,915	1,144	3,072	1,759
Other Current Liabilities	648.34	676.29	731.56	366.93	785.18	728.47
Total Current Liabilities	7,315	7,733	7,268	5,291	7,198	5,464
Long-Term Debt	1,010	947.55	622.93	29.74	33.46	396.23
Long-Term Leases	16.66	16.37	20.51	14.34	6.86	8.83
Long-Term Unearned Revenue	0.5	0.5	-	-	-	-
Long-Term Deferred Tax Liabilities	33.04	33.85	36.53	3.1	-	-
Other Long-Term Liabilities	2.82	2.82	5.51	-	-	-
Total Liabilities	8,378	8,735	7,954	5,339	7,238	5,869
Common Stock	624.76	624.76	624.76	624.76	624.76	624.76
Additional Paid-In Capital	51.64	22.54	22.54	22.54	22.54	35.11
Retained Earnings	3,667	3,610	3,461	3,180	2,905	2,728
Treasury Stock	-	-30.98	-30.98	-	-	-
Comprehensive Income & Other	0.74	0.74	-0.95	1.08	0.96	-1.68
Total Common Equity	4,344	4,227	4,077	3,828	3,553	3,386
Minority Interest	135.86	134.47	133.06	51.16	46.28	46.79
Shareholders' Equity	4,480	4,361	4,210	3,880	3,599	3,433
Total Liabilities & Equity	12,858	13,096	12,163	9,218	10,838	9,302
Total Debt	3,003	2,763	2,354	1,537	1,145	1,537
Net Cash (Debt)	612.24	863.75	127.13	667.05	3,319	1,401
Net Cash Growth	377.08%	579.42%	-80.94%	-79.90%	136.85%	-37.24%
Net Cash Per Share	0.98	1.39	0.20	1.07	5.28	2.23
Filing Date Shares Outstanding	637.83	620.35	620.35	624.76	624.76	624.76
Total Common Shares Outstanding	637.83	620.35	620.35	624.76	624.76	624.76
Working Capital	3,685	3,499	2,964	2,244	2,288	2,332
Book Value Per Share	6.81	6.81	6.57	6.13	5.69	5.42
Tangible Book Value	3,620	3,543	3,334	3,131	2,808	2,646
Tangible Book Value Per Share	5.68	5.71	5.37	5.01	4.49	4.23
Buildings	-	110.38	110.38	110.38	113.32	117.18
Machinery	-	69.7	65.26	44.2	40.07	41.37
Construction In Progress	-	56.24	51.77	51.11	43.91	112.03

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