SHA:600862 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	2,380	1,983	1,642	1,589	1,631	1,595
Cash & Short-Term Investments	2,380	1,983	1,642	1,589	1,631	1,595
Cash Growth	53.83%	20.77%	3.34%	-2.54%	2.23%	-3.52%
Accounts Receivable	4,006	4,034	3,731	3,441	2,309	1,676
Other Receivables	24.83	19.59	28.45	22.75	11.25	3.25
Receivables	4,031	4,054	3,760	3,464	2,320	1,679
Inventory	1,463	1,295	1,275	1,201	1,263	1,362
Prepaid Expenses	-	-	0.08	0.18	-	-
Other Current Assets	65.9	48.76	86.53	41.32	118.26	146.73
Total Current Assets	7,940	7,381	6,763	6,296	5,332	4,783
Property, Plant & Equipment	1,419	1,443	1,437	1,412	1,309	1,311
Long-Term Investments	418.93	425.01	326.79	118.74	110.35	103.32
Other Intangible Assets	440.31	443.56	447.54	468.21	472.53	472.69
Long-Term Deferred Tax Assets	41.06	39.12	38.85	26.99	25.4	11.12
Long-Term Deferred Charges	46.9	48.34	22.32	28.25	46.87	51.52
Other Long-Term Assets	324.65	323.32	356.64	296.22	341.61	189.98
Total Assets	10,631	10,104	9,393	8,647	7,638	6,923
Accounts Payable	1,500	969.91	964.56	1,058	935.18	762.1
Accrued Expenses	62.03	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	47.17	38.61	40.35	22.2	29.21	16.8
Current Income Taxes Payable	59.02	17.23	10.06	4.65	3.11	4.82
Current Unearned Revenue	151.68	156.59	212.79	101.69	482.16	743.47
Other Current Liabilities	161.51	447.81	258.43	676.41	155.08	167.11
Total Current Liabilities	1,981	1,706	1,562	1,920	1,702	1,894
Long-Term Leases	57.92	61.13	85.45	48.75	42.09	25.17
Long-Term Unearned Revenue	193.25	195.93	183.4	189.9	195.99	58.17
Long-Term Deferred Tax Liabilities	17.65	17.35	25.45	19.02	21.53	12.1
Other Long-Term Liabilities	36.92	21.8	31.9	22.77	38.27	53.31
Total Liabilities	2,287	2,002	1,889	2,201	2,000	2,043
Common Stock	1,680	1,680	1,680	1,680	1,680	1,680
Additional Paid-In Capital	1,470	1,470	1,471	1,470	1,465	1,450
Retained Earnings	4,858	4,607	3,923	3,081	2,281	1,695
Treasury Stock	-97.9	-91.91	-	-	-	-
Comprehensive Income & Other	19.79	17.45	9.32	5.16	9.37	16.33
Total Common Equity	7,930	7,683	7,083	6,236	5,435	4,841
Minority Interest	414.84	419.05	420.95	209.85	203.4	39.17
Shareholders' Equity	8,345	8,102	7,504	6,446	5,638	4,880
Total Liabilities & Equity	10,631	10,104	9,393	8,647	7,638	6,923
Total Debt	105.09	99.73	125.8	70.95	71.3	162.09
Net Cash (Debt)	2,275	1,884	1,516	1,518	1,559	1,433
Net Cash Growth	61.04%	24.21%	-0.12%	-2.64%	8.81%	12.54%
Net Cash Per Share	1.63	1.35	1.09	1.09	1.12	1.02
Filing Date Shares Outstanding	1,676	1,677	1,680	1,680	1,680	1,680
Total Common Shares Outstanding	1,676	1,677	1,680	1,680	1,680	1,680
Working Capital	5,959	5,675	5,201	4,375	3,630	2,889
Book Value Per Share	4.73	4.58	4.22	3.71	3.23	2.88
Tangible Book Value	7,490	7,239	6,636	5,768	4,962	4,368
Tangible Book Value Per Share	4.47	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

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