SHA:600876 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	176.38	182.63	153.04	280.54	696.36	1,137
Cash & Short-Term Investments	176.38	182.63	153.04	280.54	696.36	1,137
Cash Growth	-51.17%	19.34%	-45.45%	-59.71%	-38.73%	235.92%
Accounts Receivable	1,731	1,744	1,847	2,891	2,343	1,013
Other Receivables	215.74	162.66	89.51	147.32	99.32	15.09
Receivables	1,947	1,907	1,937	3,039	2,442	1,028
Inventory	730.69	744.27	891.34	686.89	695.51	686.16
Prepaid Expenses	-	0.06	0.06	0	-	-
Other Current Assets	274.35	245.02	320.49	308.28	235.6	317.49
Total Current Assets	3,128	3,079	3,302	4,314	4,070	3,169
Property, Plant & Equipment	9,288	9,380	8,029	6,730	5,194	5,168
Goodwill	15.61	15.61	17.58	17.58	17.58	-
Other Intangible Assets	984.56	955.37	760.06	745.12	699.58	644.28
Long-Term Deferred Tax Assets	133.98	133.94	133.9	15.96	16.84	16.99
Long-Term Deferred Charges	13.04	36.62	10.47	14.9	9.24	14.37
Other Long-Term Assets	10.93	14.82	52.2	590.13	559.26	240.94
Total Assets	13,575	13,615	12,305	12,428	10,566	9,253
Accounts Payable	2,877	2,806	1,961	2,022	2,157	1,296
Accrued Expenses	27.38	58.81	64.13	105.34	60.62	71.65
Short-Term Debt	2,748	2,454	1,641	760.66	1,098	1,327
Current Portion of Long-Term Debt	1,062	762.68	931.65	449.92	54.43	256.17
Current Portion of Leases	-	1.06	2.27	3.55	3.39	2.49
Current Income Taxes Payable	24.19	11.86	-	26.92	12.1	4.88
Current Unearned Revenue	22.07	28.05	8.38	8.37	18.59	46.72
Other Current Liabilities	595.13	513.09	493.25	777.81	742.72	718.28
Total Current Liabilities	7,356	6,636	5,102	4,155	4,147	3,723
Long-Term Debt	2,803	3,174	2,729	3,124	1,704	1,033
Long-Term Leases	3.41	3.4	3.67	5.86	9.41	6.77
Long-Term Unearned Revenue	138.39	139.82	62.44	52.75	51.34	132.72
Long-Term Deferred Tax Liabilities	30.17	30.71	34.45	37.31	40.57	18.55
Total Liabilities	10,331	9,984	7,931	7,374	5,952	4,914
Common Stock	645.67	645.67	645.67	645.67	645.67	645.67
Additional Paid-In Capital	3,781	3,781	3,781	3,781	3,781	3,792
Retained Earnings	-1,677	-1,324	-409.27	200.66	-194.06	-603.1
Total Common Equity	2,750	3,103	4,017	4,627	4,232	3,835
Minority Interest	494.46	527.57	356.93	426.09	381.21	504.07
Shareholders' Equity	3,244	3,630	4,374	5,053	4,614	4,339
Total Liabilities & Equity	13,575	13,615	12,305	12,428	10,566	9,253
Total Debt	6,616	6,396	5,307	4,344	2,869	2,625
Net Cash (Debt)	-6,440	-6,213	-5,154	-4,063	-2,173	-1,488
Net Cash Per Share	-10.04	-9.62	-7.98	-6.29	-3.36	-2.56
Filing Date Shares Outstanding	642.35	645.67	645.67	645.67	645.67	645.67
Total Common Shares Outstanding	642.35	645.67	645.67	645.67	645.67	645.67
Working Capital	-4,228	-3,557	-1,800	159.75	-77.3	-554.71
Book Value Per Share	4.28	4.81	6.22	7.17	6.56	5.94
Tangible Book Value	1,749	2,132	3,240	3,864	3,515	3,191
Tangible Book Value Per Share	2.72	3.30	5.02	5.99	5.44	4.94
Buildings	-	2,687	2,168	1,978	1,668	1,484
Machinery	-	4,907	3,353	4,071	3,203	3,432
Construction In Progress	-	3,355	3,389	1,773	1,159	1,420

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