SHA:600872 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	1,185	533.74	692.6	500.45	628.36	548.66
Short-Term Investments	-	1,994	2,373	1,269	844.26	798.25
Trading Asset Securities	588.04	878.29	134.1	220.48	0.13	-
Cash & Short-Term Investments	1,773	3,406	3,200	1,990	1,473	1,347
Cash Growth	33.06%	6.43%	60.80%	35.12%	9.34%	-41.59%
Accounts Receivable	263.24	252.63	415.69	75.27	50.82	30.45
Other Receivables	11.88	10.43	9.33	16.49	20.64	27.88
Receivables	275.11	263.06	425.01	91.76	71.46	58.33
Inventory	1,379	1,438	1,531	1,618	1,670	1,678
Prepaid Expenses	-	4.47	0	3.26	0.22	1.76
Other Current Assets	2,005	37.85	39.52	29.88	23.18	38.43
Total Current Assets	5,433	5,149	5,195	3,733	3,237	3,123
Property, Plant & Equipment	2,088	2,056	2,154	2,149	2,108	1,891
Long-Term Investments	15.96	6.42	23.49	24.12	35.99	39.97
Goodwill	117.36	1.5	1.5	1.5	1.5	1.5
Other Intangible Assets	179.35	167.03	169.08	181.54	188.48	192.3
Long-Term Deferred Tax Assets	120.97	111.84	108.67	111.91	85.12	69.23
Long-Term Deferred Charges	10.56	10.26	15.47	22.64	29.97	18.34
Other Long-Term Assets	554.73	559.94	569.43	495.39	537.21	582.76
Total Assets	8,520	8,062	8,237	6,719	6,223	5,918
Accounts Payable	378.88	222.78	335.87	314.6	510.96	674.35
Accrued Expenses	62.81	379.27	475.47	349.32	298.29	229.04
Short-Term Debt	620	610	620	100	-	-
Current Portion of Leases	2.69	2.67	2.63	0.7	1.65	1.57
Current Income Taxes Payable	102.23	37.63	113.8	29.96	10.8	38.39
Current Unearned Revenue	107.83	96.05	91.53	108.24	157.05	206.4
Other Current Liabilities	743.61	496.35	604.47	434.33	448.5	382.56
Total Current Liabilities	2,018	1,845	2,244	1,337	1,427	1,532
Long-Term Debt	60.03	50.05	50.05	-	-	-
Long-Term Leases	1.76	1.93	4.49	-	0.7	2.5
Long-Term Unearned Revenue	66.86	66.69	73.92	86.03	68.39	74.11
Long-Term Deferred Tax Liabilities	113.01	106.91	93.53	94.7	81.48	58.36
Other Long-Term Liabilities	7.55	-	1.05	0.47	1,181	-
Total Liabilities	2,267	2,070	2,467	1,518	2,759	1,667
Common Stock	778.51	778.51	783.22	785.38	785.38	796.64
Additional Paid-In Capital	425.71	424.15	423.57	3.23	3.23	91.47
Retained Earnings	5,075	4,812	4,661	4,501	2,804	3,912
Treasury Stock	-352.52	-201.16	-269.31	-599.9	-599.9	-983.69
Comprehensive Income & Other	14.18	14.12	15.36	15.35	16.69	16.36
Total Common Equity	5,941	5,828	5,614	4,705	3,009	3,832
Minority Interest	311.67	164.24	156.03	495.78	455.71	418.02
Shareholders' Equity	6,252	5,992	5,770	5,201	3,465	4,250
Total Liabilities & Equity	8,520	8,062	8,237	6,719	6,223	5,918
Total Debt	684.47	664.65	677.18	100.7	2.35	4.07
Net Cash (Debt)	1,088	2,741	2,523	1,889	1,470	1,343
Net Cash Growth	280.81%	8.65%	33.53%	28.48%	9.50%	-30.99%
Net Cash Per Share	1.42	3.57	3.23	2.45	1.91	1.71
Filing Date Shares Outstanding	766.21	774.45	779.16	770.99	770.99	770.99
Total Common Shares Outstanding	766.21	774.45	779.16	770.99	770.99	770.99
Working Capital	3,414	3,304	2,952	2,396	1,810	1,591
Book Value Per Share	7.75	7.52	7.21	6.10	3.90	4.97
Tangible Book Value	5,644	5,659	5,443	4,522	2,819	3,639
Tangible Book Value Per Share	7.37	7.31	6.99	5.86	3.66	4.72
Buildings	-	-	-	1,341	1,030	1,024
Machinery	-	2,119	1,982	1,754	1,657	1,517
Construction In Progress	-	33.55	142.47	242.16	496.99	286.16

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