SHA:600916 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	5,618	6,597	6,804	6,033	5,271	4,626
Cash & Short-Term Investments	5,618	6,597	6,804	6,033	5,271	4,626
Cash Growth	-7.54%	-3.05%	12.78%	14.46%	13.95%	35.27%
Accounts Receivable	310.46	246.18	342.09	1,237	1,161	1,124
Other Receivables	48.96	9.89	507.95	27.43	33.49	17.54
Receivables	359.41	256.07	850.04	1,264	1,195	1,141
Inventory	5,751	4,140	3,794	4,484	3,950	4,120
Prepaid Expenses	-	5.77	17.97	2.05	1.65	1.98
Other Current Assets	693.91	582.7	527.41	624.14	572.2	576.09
Total Current Assets	12,423	11,581	11,994	12,408	10,989	10,465
Property, Plant & Equipment	380.7	395.4	424.38	291.46	354.95	360.17
Long-Term Investments	74.21	74.21	78.86	129.83	50.81	50.97
Goodwill	4.82	4.82	4.82	4.82	4.82	4.82
Other Intangible Assets	9.11	11.41	15.25	13.04	13.98	15.36
Long-Term Deferred Tax Assets	326.55	338.41	245.07	177.88	164.45	67.45
Long-Term Deferred Charges	129.37	131.95	132.86	79.68	47.62	51.3
Other Long-Term Assets	5.35	5.42	5.74	6.06	4.56	4.85
Total Assets	13,353	12,543	12,901	13,110	11,630	11,020
Accounts Payable	43.74	36.48	101.54	95.11	188.13	176.89
Accrued Expenses	31.37	155.33	203.76	145.45	101.89	91.62
Current Portion of Leases	-	51.9	62.08	40.91	50.58	32.17
Current Income Taxes Payable	120.04	-	-	87.66	61.31	45.2
Current Unearned Revenue	618.47	554.77	237.97	613.46	235.7	132.38
Other Current Liabilities	4,688	4,105	4,330	4,430	3,718	3,679
Total Current Liabilities	5,501	4,904	4,935	5,413	4,355	4,157
Long-Term Leases	292.99	287.93	312.88	176.49	210.14	225.21
Long-Term Deferred Tax Liabilities	128.34	86.55	83.31	49.99	63.11	-
Other Long-Term Liabilities	56.8	56.8	24.34	-	-	-
Total Liabilities	5,980	5,335	5,356	5,639	4,628	4,382
Common Stock	1,680	1,680	1,680	1,680	1,680	1,680
Additional Paid-In Capital	2,397	2,393	2,393	2,397	2,393	2,393
Retained Earnings	3,230	3,067	3,378	3,312	2,842	2,479
Comprehensive Income & Other	-5	-1.54	-1.54	-5	3.14	3.51
Total Common Equity	7,302	7,138	7,449	7,384	6,918	6,556
Minority Interest	71.7	69.45	96.02	87.68	83.93	82.19
Shareholders' Equity	7,374	7,208	7,545	7,471	7,002	6,638
Total Liabilities & Equity	13,353	12,543	12,901	13,110	11,630	11,020
Total Debt	292.99	339.84	374.95	217.39	260.72	257.39
Net Cash (Debt)	5,325	6,257	6,429	5,816	5,010	4,368
Net Cash Growth	-6.72%	-2.68%	10.55%	16.08%	14.70%	27.74%
Net Cash Per Share	3.11	3.63	3.85	3.46	3.01	2.64
Filing Date Shares Outstanding	1,637	1,680	1,680	1,680	1,680	1,680
Total Common Shares Outstanding	1,637	1,680	1,680	1,680	1,680	1,680
Working Capital	6,922	6,677	7,059	6,995	6,634	6,308
Book Value Per Share	4.46	4.25	4.43	4.39	4.12	3.90
Tangible Book Value	7,288	7,122	7,429	7,366	6,899	6,536
Tangible Book Value Per Share	4.45	4.24	4.42	4.38	4.11	3.89
Buildings	-	77.16	77.16	77.16	78.37	78.52
Machinery	-	85.47	83.94	78.91	79.48	75.37
Construction In Progress	-	-	-	-	-	1.38

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