SHA:600864 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	10,404	10,409	7,936	6,442	6,948	6,869
Short-Term Investments	-	-	61.07	-	301.47	-
Trading Asset Securities	18,690	10,715	15,692	17,415	9,896	13,965
Accounts Receivable	1,704	566.66	231.77	618.78	577.23	423.78
Other Receivables	362.14	356.64	426.99	313.98	202.23	422.63
Inventory	114.23	321.12	343.44	296.6	339.04	368.9
Loans Receivable Current	6,490	7,238	6,365	5,160	6,025	5,563
Other Current Assets	3,455	3,439	3,856	2,049	1,545	1,693
Total Current Assets	41,220	33,045	34,912	32,295	25,833	29,305
Property, Plant & Equipment	3,752	3,799	3,628	3,443	3,500	3,188
Goodwill	4.31	4.31	4.31	4.31	4.31	4.31
Other Intangible Assets	341.48	347.11	344.47	353.35	341.9	274.96
Long-Term Investments	2,179	2,341	3,548	2,321	3,979	3,582
Long-Term Deferred Tax Assets	768.35	765.52	712.02	727.36	780.65	489.52
Long-Term Deferred Charges	52.82	54.13	57.47	61	64.79	69.68
Other Long-Term Assets	145.69	154.14	200.6	196.63	156.23	162.41
Total Assets	48,463	40,510	43,406	39,401	34,660	37,076
Accounts Payable	899.66	412.75	270.29	597.92	567.06	419.71
Accrued Expenses	12,193	11,350	8,762	5,844	6,183	6,480
Short-Term Debt	15,314	7,879	13,569	12,104	7,389	7,286
Current Portion of Long-Term Debt	1,150	966.54	3,236	1,837	3,094	4,101
Current Unearned Revenue	206.24	698.77	703.18	709.3	680.42	688.4
Current Portion of Leases	-	17.67	21.93	24.58	22.61	27.04
Current Income Taxes Payable	12.67	0.02	0.02	0.13	0.13	0.41
Other Current Liabilities	193.2	511.15	533.22	109.65	106.38	97.15
Total Current Liabilities	29,969	21,836	27,096	21,226	18,043	19,100
Long-Term Debt	4,257	4,658	2,258	4,281	3,174	3,241
Long-Term Leases	23.08	18.08	14.23	30.23	39.98	20.42
Long-Term Unearned Revenue	405.43	405.22	405.86	458.78	466.2	415.53
Pension & Post-Retirement Benefits	100.35	98.54	92.36	85.59	66.93	63.11
Long-Term Deferred Tax Liabilities	286.51	337.64	387.55	340.02	251.5	439.4
Other Long-Term Liabilities	653.99	310.67	367.67	588.73	567.86	430.08
Total Liabilities	35,695	27,663	30,622	27,011	22,609	23,709
Common Stock	2,081	2,081	2,081	2,081	2,081	2,081
Additional Paid-In Capital	7,550	7,550	7,550	7,550	7,586	7,518
Retained Earnings	2,590	2,511	2,268	1,925	1,760	2,809
Comprehensive Income & Other	679.1	835.67	971.37	860.36	583.55	855.48
Total Common Equity	12,900	12,978	12,870	12,417	12,010	13,263
Minority Interest	-132.31	-131.84	-85.19	-26.13	40.87	104.38
Shareholders' Equity	12,768	12,846	12,785	12,390	12,051	13,367
Total Liabilities & Equity	48,463	40,510	43,406	39,401	34,660	37,076
Total Debt	20,744	13,539	19,099	18,277	13,720	14,675
Net Cash (Debt)	8,350	7,585	4,590	5,580	3,425	6,158
Net Cash Growth	56.80%	65.28%	-17.75%	62.93%	-44.39%	-2.34%
Net Cash Per Share	4.08	3.71	2.14	2.70	1.59	2.85
Filing Date Shares Outstanding	2,081	2,081	2,081	2,081	2,081	2,081
Total Common Shares Outstanding	2,081	2,081	2,081	2,081	2,081	2,081
Working Capital	11,251	11,209	7,816	11,069	7,790	10,205
Book Value Per Share	6.20	6.24	6.19	5.97	5.77	6.37
Tangible Book Value	12,554	12,627	12,521	12,059	11,664	12,983
Tangible Book Value Per Share	6.03	6.07	6.02	5.80	5.61	6.24
Buildings	-	1,704	1,578	1,562	1,614	1,610
Machinery	-	5,400	4,978	4,717	316.6	4,103
Construction In Progress	-	83.24	216.4	38.04	41.81	18.32