SHA:600862 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,983	1,642	1,589	1,631	1,595
Cash & Short-Term Investments	1,983	1,642	1,589	1,631	1,595
Cash Growth	20.77%	3.34%	-2.54%	2.23%	-3.52%
Accounts Receivable	4,034	3,731	3,441	2,309	1,676
Other Receivables	19.59	28.45	22.75	11.25	3.25
Receivables	4,054	3,760	3,464	2,320	1,679
Inventory	1,295	1,275	1,201	1,263	1,362
Prepaid Expenses	-	0.08	0.18	-	-
Other Current Assets	48.76	86.53	41.32	118.26	146.73
Total Current Assets	7,381	6,763	6,296	5,332	4,783
Property, Plant & Equipment	1,443	1,437	1,412	1,309	1,311
Long-Term Investments	425.01	326.79	118.74	110.35	103.32
Other Intangible Assets	443.56	447.54	468.21	472.53	472.69
Long-Term Deferred Tax Assets	39.12	38.85	26.99	25.4	11.12
Long-Term Deferred Charges	48.34	22.32	28.25	46.87	51.52
Other Long-Term Assets	323.32	356.64	296.22	341.61	189.98
Total Assets	10,104	9,393	8,647	7,638	6,923
Accounts Payable	969.91	964.56	1,058	935.18	762.1
Accrued Expenses	75.59	76.16	57.01	97.68	79.58
Short-Term Debt	-	-	-	-	100.11
Current Portion of Long-Term Debt	-	-	-	-	20.01
Current Portion of Leases	38.61	40.35	22.2	29.21	16.8
Current Income Taxes Payable	17.23	10.06	4.65	3.11	4.82
Current Unearned Revenue	156.59	212.79	101.69	482.16	743.47
Other Current Liabilities	447.81	258.43	676.41	155.08	167.11
Total Current Liabilities	1,706	1,562	1,920	1,702	1,894
Long-Term Leases	61.13	85.45	48.75	42.09	25.17
Long-Term Unearned Revenue	195.93	183.4	189.9	195.99	58.17
Long-Term Deferred Tax Liabilities	17.35	25.45	19.02	21.53	12.1
Other Long-Term Liabilities	21.8	31.9	22.77	38.27	53.31
Total Liabilities	2,002	1,889	2,201	2,000	2,043
Common Stock	1,680	1,680	1,680	1,680	1,680
Additional Paid-In Capital	1,470	1,471	1,470	1,465	1,450
Retained Earnings	4,607	3,923	3,081	2,281	1,695
Treasury Stock	-91.91	-	-	-	-
Comprehensive Income & Other	17.45	9.32	5.16	9.37	16.33
Total Common Equity	7,683	7,083	6,236	5,435	4,841
Minority Interest	419.05	420.95	209.85	203.4	39.17
Shareholders' Equity	8,102	7,504	6,446	5,638	4,880
Total Liabilities & Equity	10,104	9,393	8,647	7,638	6,923
Total Debt	99.73	125.8	70.95	71.3	162.09
Net Cash (Debt)	1,884	1,516	1,518	1,559	1,433
Net Cash Growth	24.21%	-0.12%	-2.64%	8.81%	12.54%
Net Cash Per Share	1.35	1.09	1.09	1.12	1.02
Filing Date Shares Outstanding	1,677	1,680	1,680	1,680	1,680
Total Common Shares Outstanding	1,677	1,680	1,680	1,680	1,680
Working Capital	5,675	5,201	4,375	3,630	2,889
Book Value Per Share	4.58	4.22	3.71	3.23	2.88
Tangible Book Value	7,239	6,636	5,768	4,962	4,368
Tangible Book Value Per Share	4.32	3.95	3.43	2.95	2.60
Buildings	1,465	1,471	1,312	1,311	1,378
Machinery	931.59	809.75	774.41	712.54	669.31
Construction In Progress	163.57	106.11	272.9	151.39	114.32

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.