SHA:600936 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	1,997	2,229	2,984	309.38	664.51	1,188
Cash & Short-Term Investments	1,997	2,229	2,984	309.38	664.51	1,188
Cash Growth	471.02%	-25.30%	864.56%	-53.44%	-44.05%	21.19%
Accounts Receivable	1,434	1,671	2,199	787.54	902.23	758.29
Other Receivables	22.33	30.48	61.71	36.48	39.48	40.65
Receivables	1,457	1,702	2,260	824.02	941.71	798.93
Inventory	984.31	1,277	1,563	236.51	233.3	476.1
Other Current Assets	389.79	360.69	524.32	350.55	376.3	535.19
Total Current Assets	4,827	5,569	7,332	1,720	2,216	2,998
Property, Plant & Equipment	474.9	477.2	4,785	4,522	4,871	5,434
Long-Term Investments	2.47	1.14	333.38	427.65	432.11	419.24
Other Intangible Assets	36.33	33.53	301.94	273.65	277.23	286.33
Long-Term Accounts Receivable	-	-	382.81	498.15	531.05	545.21
Long-Term Deferred Tax Assets	114.75	117.22	121.84	1.9	0.98	0.64
Long-Term Deferred Charges	0.4	0.4	412.3	484.97	573	816.78
Other Long-Term Assets	47.94	47.5	252.88	178.71	158.55	131.98
Total Assets	5,504	6,246	13,922	8,107	9,060	10,632
Accounts Payable	1,269	1,362	2,363	1,095	962.6	1,141
Accrued Expenses	39.08	16.35	151.96	178.47	232.09	250.7
Short-Term Debt	226.69	252.4	635.63	265.2	181.14	448
Current Portion of Long-Term Debt	0.96	-	677.68	671.94	1,196	505.53
Current Portion of Leases	-	1.04	14.3	8.76	11.12	12.56
Current Income Taxes Payable	16.54	5.78	380.37	0.96	0.33	0.08
Current Unearned Revenue	1,745	2,401	2,619	638.64	657.6	815.49
Other Current Liabilities	133.73	197.44	582.63	255.4	147.75	148.18
Total Current Liabilities	3,431	4,236	7,425	3,114	3,388	3,322
Long-Term Debt	-	-	2,780	3,018	3,170	3,781
Long-Term Leases	0.2	0.56	18.34	25.28	26.56	26.23
Long-Term Unearned Revenue	61.93	60.91	232.37	160.27	170.1	167.87
Other Long-Term Liabilities	-	-	189.8	253.71	74.18	67.23
Total Liabilities	3,494	4,297	10,646	6,571	6,829	7,364
Common Stock	1,671	1,671	1,671	1,671	1,671	1,671
Additional Paid-In Capital	544.62	544.62	1,185	1,086	1,086	1,086
Retained Earnings	-1,222	-1,247	-871.4	-1,224	-526.11	510.85
Comprehensive Income & Other	-	-	1.54	2.64	-0.31	-0.31
Total Common Equity	994.09	969.13	1,986	1,536	2,231	3,268
Minority Interest	1,016	979.22	1,290	-	-	-
Shareholders' Equity	2,011	1,948	3,276	1,536	2,231	3,268
Total Liabilities & Equity	5,504	6,246	13,922	8,107	9,060	10,632
Total Debt	227.85	254	4,126	3,989	4,584	4,773
Net Cash (Debt)	1,769	1,975	-1,142	-3,680	-3,920	-3,586
Net Cash Per Share	0.96	1.20	-0.68	-2.21	-2.34	-2.15
Filing Date Shares Outstanding	1,671	1,671	1,671	1,671	1,671	1,671
Total Common Shares Outstanding	1,671	1,671	1,671	1,671	1,671	1,671
Working Capital	1,396	1,333	-93.3	-1,394	-1,173	-323.96
Book Value Per Share	0.59	0.58	1.19	0.92	1.34	1.96
Tangible Book Value	957.76	935.6	1,684	1,262	1,954	2,981
Tangible Book Value Per Share	0.57	0.56	1.01	0.76	1.17	1.78
Buildings	-	430.22	1,482	1,026	1,051	1,080
Machinery	-	222.71	3,797	3,495	3,450	3,459
Construction In Progress	-	-	28.18	32.44	42.74	185.65

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