SHA:600853 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	5,141	5,769	5,669	4,237	6,389	5,397
Trading Asset Securities	-	-	84.02	84.02	84.02	84.02
Cash & Short-Term Investments	5,141	5,769	5,753	4,321	6,473	5,481
Cash Growth	17.48%	0.28%	33.14%	-33.24%	18.09%	11.90%
Accounts Receivable	13,406	15,230	13,237	12,855	8,906	6,891
Other Receivables	753.98	108.06	110.58	24.16	71.78	80.44
Receivables	14,160	15,338	13,347	12,880	8,978	7,007
Inventory	1,363	963.72	1,692	1,389	1,254	1,783
Prepaid Expenses	-	1.7	3.31	11.48	19.71	0.02
Other Current Assets	1,313	1,633	1,621	1,861	2,196	1,592
Total Current Assets	21,977	23,706	22,417	20,463	18,920	15,863
Property, Plant & Equipment	880.41	864.46	954.77	941.2	913.52	914.66
Long-Term Investments	2,071	1,896	1,613	1,408	988.11	553.55
Goodwill	1.55	1.55	1.55	1.55	1.55	1.55
Other Intangible Assets	1,798	1,818	1,875	1,926	2,228	1,579
Long-Term Accounts Receivable	-	54.41	69.74	82.4	94.84	174.18
Long-Term Deferred Tax Assets	65	65.11	61.24	51.15	39.56	27.97
Long-Term Deferred Charges	40.31	42.64	47.65	49.78	57.1	50.05
Other Long-Term Assets	9,582	9,477	10,473	11,597	9,212	7,456
Total Assets	36,415	37,925	37,513	36,520	32,455	26,621

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
Accounts Payable	8,264	6,546	6,662	7,064	5,688	4,473
Accrued Expenses	165.14	4,824	5,527	4,484	3,406	3,416
Short-Term Debt	4,816	4,524	3,167	3,060	2,990	2,803
Current Portion of Long-Term Debt	3,684	2,857	2,303	2,594	1,289	1,563
Current Portion of Leases	-	0.3	0.69	0.38	8.89	36.07
Current Income Taxes Payable	230.73	40.3	58.53	64.62	32.34	20.15
Current Unearned Revenue	2,421	2,527	2,921	2,882	3,588	1,885
Other Current Liabilities	1,864	1,910	1,752	1,900	1,570	1,354
Total Current Liabilities	21,444	23,229	22,390	22,049	18,573	15,550
Long-Term Debt	7,833	7,668	8,513	8,597	8,888	6,860
Long-Term Leases	0.21	0.21	0.61	0.82	0.77	9.72
Long-Term Unearned Revenue	6.7	6.89	5.41	6.37	490.69	140.95
Long-Term Deferred Tax Liabilities	0.11	0.13	0.28	0.22	-	-
Other Long-Term Liabilities	15.94	15.94	-	2.13	22.13	27.13
Total Liabilities	29,300	30,920	30,910	30,655	27,974	22,588

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
Common Stock	1,014	1,014	1,015	1,015	1,015	1,015
Additional Paid-In Capital	202.19	202.19	202.94	139.41	134.94	130.19
Retained Earnings	2,320	2,312	1,988	1,610	1,312	1,027
Treasury Stock	-0.49	-0.49	-14.52	-14.7	-14.7	-14.7
Comprehensive Income & Other	625.23	523.47	502.26	-13.6	193.73	191.11
Total Common Equity	4,161	4,052	3,693	2,736	2,641	2,349
Minority Interest	2,954	2,953	2,910	3,129	1,840	1,684
Shareholders' Equity	7,115	7,005	6,604	5,865	4,481	4,032
Total Liabilities & Equity	36,415	37,925	37,513	36,520	32,455	26,621

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
Total Debt	16,333	15,050	13,984	14,252	13,178	11,272
Net Cash (Debt)	-11,192	-9,281	-8,230	-9,931	-6,705	-5,790
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.63	-9.07	-8.17	-9.81	-6.53	-5.82
Filing Date Shares Outstanding	1,014	1,014	1,014	1,015	1,015	1,015
Total Common Shares Outstanding	1,014	1,014	1,015	1,015	1,015	1,015
Working Capital	532.45	477.16	26.69	-1,586	347.43	313.1
Book Value Per Share	4.10	3.50	3.15	2.70	2.40	2.12
Tangible Book Value	2,361	2,232	1,816	808.69	410.86	768.3
Tangible Book Value Per Share	2.33	1.71	1.30	0.80	0.21	0.56
Buildings	-	655.29	654.3	554.15	470.78	442.88
Machinery	-	943.22	962.55	884.24	770.24	679.53
Construction In Progress	-	-	4.52	10.79	73.32	61.61
Order Backlog	-	30,112	-	-	-	-