SHA:600873 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	2,642	4,288	4,561	4,970	4,334	3,396
Short-Term Investments	182.29	150.63	253.85	98.7	-	-
Trading Asset Securities	1,050	1,140	312.03	172.58	191.06	2.28
Cash & Short-Term Investments	3,874	5,579	5,127	5,241	4,525	3,398
Cash Growth	-25.21%	8.82%	-2.18%	15.83%	33.14%	115.43%
Accounts Receivable	791.31	702.89	688.33	830.37	600.08	387.66
Other Receivables	29	178.9	131.99	234.63	370.37	534.16
Receivables	820.31	881.79	820.32	1,065	970.45	921.82
Inventory	4,598	3,022	2,722	2,923	4,069	2,992
Prepaid Expenses	-	22.59	4.98	20.86	1.61	0
Other Current Assets	527.31	182.61	225.35	257.85	347.33	258.53
Total Current Assets	9,819	9,688	8,900	9,507	9,913	7,571
Property, Plant & Equipment	13,002	13,116	12,075	11,600	11,670	11,131
Long-Term Investments	301.83	1,206	1,074	728.66	1,385	829.93
Goodwill	11.79	11.79	11.79	11.79	11.79	11.79
Other Intangible Assets	1,555	1,557	1,357	1,076	1,109	1,140
Long-Term Accounts Receivable	0.23	0.23	0.6	0.36	0.25	0.13
Long-Term Deferred Tax Assets	127.89	126.37	101.81	106.14	136.58	111.41
Long-Term Deferred Charges	131.61	133.78	122.54	104.08	93.61	60.92
Other Long-Term Assets	1,020	76.52	166.91	22.6	172.28	123.58
Total Assets	25,969	25,916	23,810	23,157	24,491	20,979
Accounts Payable	3,301	2,740	2,310	2,069	2,209	1,198
Accrued Expenses	353.96	571.09	479.7	539.1	739.4	564.01
Short-Term Debt	1,837	1,800	1,735	1,544	1,070	704.08
Current Portion of Long-Term Debt	133.62	280.05	746.29	531.63	261.5	909.25
Current Portion of Leases	-	1.01	3.54	3.45	3.93	1.56
Current Income Taxes Payable	207.41	133.15	223.21	138.28	246.32	203.9
Current Unearned Revenue	888.57	746.78	916.52	892.93	1,093	1,071
Other Current Liabilities	360.29	991.36	1,025	810.2	1,049	941.5
Total Current Liabilities	7,082	7,263	7,439	6,529	6,672	5,593
Long-Term Debt	2,080	1,919	1,348	2,000	3,676	4,194
Long-Term Leases	0.74	1.01	1.99	2.59	5.02	4.35
Long-Term Unearned Revenue	357.27	367.62	381.02	384.99	429.9	474.94
Long-Term Deferred Tax Liabilities	-	-	21.59	21.5	181.29	40.63
Other Long-Term Liabilities	24.38	17.97	42.94	56.39	10.5	-
Total Liabilities	9,551	9,568	9,235	8,994	10,975	10,307
Common Stock	2,804	2,804	2,853	2,943	3,042	3,099
Additional Paid-In Capital	33.75	33.75	263.15	1,033	1,929	2,194
Retained Earnings	13,782	13,664	11,797	10,754	8,748	5,559
Treasury Stock	-	-	-287.77	-576.78	-747.01	-400.95
Comprehensive Income & Other	-202.51	-154.23	-50.26	9.64	543.13	222.24
Total Common Equity	16,417	16,348	14,575	14,163	13,516	10,673
Shareholders' Equity	16,417	16,348	14,575	14,163	13,516	10,673
Total Liabilities & Equity	25,969	25,916	23,810	23,157	24,491	20,979
Total Debt	4,051	4,001	3,835	4,082	5,017	5,813
Net Cash (Debt)	-177	1,578	1,292	1,160	-492.3	-2,415
Net Cash Growth	-	22.14%	11.44%	-	-	-
Net Cash Per Share	-0.06	0.56	0.44	0.39	-0.16	-0.78
Filing Date Shares Outstanding	2,804	2,804	2,853	2,874	2,975	3,049
Total Common Shares Outstanding	2,804	2,804	2,853	2,880	2,975	3,049
Working Capital	2,738	2,425	1,461	2,979	3,240	1,978
Book Value Per Share	5.85	5.83	5.11	4.92	4.54	3.50
Tangible Book Value	14,851	14,779	13,206	13,075	12,395	9,521
Tangible Book Value Per Share	5.30	5.27	4.63	4.54	4.17	3.12
Buildings	-	8,632	7,613	7,573	7,103	6,797
Machinery	-	21,092	18,041	17,353	15,114	14,047
Construction In Progress	-	343.56	728.52	161.96	1,746	1,373

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