SHA:600863 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	1,171	1,071	752.89	1,595	974.37	778.35
Accounts Receivable	4,330	4,429	4,926	4,369	4,189	3,762
Other Receivables	215.26	214.33	216.65	537.7	497.28	547.38
Inventory	438.19	435.04	555.4	304.33	522.58	590.16
Prepaid Expenses	-	-	0.36	0.36	2.14	2.76
Loans Receivable Current	-	-	720.4	-	-	-
Other Current Assets	464.16	423.44	545.74	184.04	495.55	48.1
Total Current Assets	6,619	6,573	7,718	6,990	6,681	5,729
Property, Plant & Equipment	30,220	30,212	31,374	23,902	25,102	27,593
Goodwill	30.36	30.36	47	75.4	75.4	75.4
Other Intangible Assets	4,333	4,365	4,203	4,298	4,384	4,208
Long-Term Investments	3,863	3,704	3,410	3,118	2,854	2,586
Long-Term Deferred Tax Assets	170.1	169.46	162.21	131.42	124.12	107.79
Long-Term Deferred Charges	408.93	447.52	652.42	478.05	757.21	844.83
Other Long-Term Assets	2,942	3,143	1,185	486.19	209.01	406.54
Total Assets	48,586	48,645	48,750	39,479	40,187	41,551
Accounts Payable	1,107	1,905	1,974	1,414	2,252	1,925
Accrued Expenses	325.71	164.27	192.84	847.7	845.71	1,157
Short-Term Debt	3,728	3,112	3,343	475.26	1,673	2,197
Current Portion of Long-Term Debt	2,404	3,208	2,491	2,035	2,545	3,059
Current Unearned Revenue	6.56	89.4	79.04	77.05	45.46	69.41
Current Portion of Leases	-	20.57	21.04	7.6	24.48	21.01
Current Income Taxes Payable	-	63.95	45.93	70.9	118.63	210.16
Other Current Liabilities	2,631	8,104	2,581	1,241	1,325	1,577
Total Current Liabilities	10,202	16,666	10,728	6,168	8,829	10,216
Long-Term Debt	8,244	8,237	9,703	9,612	10,478	11,919
Long-Term Leases	9.96	2.01	19.08	1.56	3.86	22.75
Long-Term Unearned Revenue	104.47	122.89	137.95	155.98	170.22	161.85
Long-Term Deferred Tax Liabilities	139.79	124.92	139.48	107.21	77.56	6.78
Other Long-Term Liabilities	564.26	497.69	347.53	128.89	1.09	1.09
Total Liabilities	19,265	25,651	21,075	16,174	19,560	22,327
Common Stock	7,835	6,527	6,527	6,527	6,527	6,527
Additional Paid-In Capital	4,007	-	3,363	1,574	1,572	1,581
Retained Earnings	8,260	7,573	8,893	6,589	5,767	4,746
Comprehensive Income & Other	1,768	1,641	2,084	3,633	3,560	3,343
Total Common Equity	21,870	15,741	20,867	18,322	17,426	16,197
Minority Interest	7,451	7,253	6,808	4,982	3,200	3,027
Shareholders' Equity	29,321	22,995	27,675	23,305	20,626	19,224
Total Liabilities & Equity	48,586	48,645	48,750	39,479	40,187	41,551
Total Debt	14,387	14,579	15,577	12,132	14,724	17,218
Net Cash (Debt)	-13,216	-13,508	-14,824	-10,537	-13,750	-16,440
Net Cash Per Share	-1.83	-1.88	-1.95	-1.62	-2.09	-2.75
Filing Date Shares Outstanding	7,835	6,527	6,527	6,527	6,527	6,527
Total Common Shares Outstanding	7,835	6,527	6,527	6,527	6,527	6,527
Working Capital	-3,583	-10,093	-3,011	821.72	-2,149	-4,487
Book Value Per Share	2.79	2.41	3.20	2.35	2.21	2.02
Tangible Book Value	17,507	11,346	16,617	13,949	12,966	11,914
Tangible Book Value Per Share	2.23	1.74	2.55	1.68	1.53	1.37
Land	-	6.41	6.41	6.41	6.41	-
Buildings	-	13,996	13,886	13,571	13,562	-
Machinery	-	58,231	57,691	48,471	48,549	-
Construction In Progress	-	2,628	2,407	1,954	577.88	-