SHA:600966 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	4,604	2,325	3,051	3,427	2,456	3,302
Trading Asset Securities	26.41	26.41	167.07	36.86	40.96	55.98
Cash & Short-Term Investments	4,630	2,352	3,219	3,464	2,497	3,358
Cash Growth	20.34%	-26.93%	-7.09%	38.73%	-25.65%	22.49%
Accounts Receivable	2,720	2,279	1,994	1,596	1,230	1,097
Other Receivables	106.32	82.88	113.99	143.36	289.48	217.89
Receivables	2,826	2,362	2,108	1,740	1,520	1,315
Inventory	2,551	2,250	2,419	2,496	3,728	2,095
Other Current Assets	737.16	577.12	757.42	584.81	889.5	541.93
Total Current Assets	10,744	7,541	8,503	8,284	8,635	7,310
Property, Plant & Equipment	12,887	12,998	13,035	12,948	13,060	11,735
Long-Term Investments	-	-	-	-	-	1.89
Other Intangible Assets	345.53	350.3	328.52	323.89	313.5	271.97
Long-Term Deferred Tax Assets	203.24	212.2	275.33	298.99	302.88	216.95
Long-Term Deferred Charges	21.47	30.66	7.47	11.69	7.78	3.72
Other Long-Term Assets	348.11	362.27	319.26	308.7	459.55	374.47
Total Assets	24,549	21,494	22,469	22,176	22,779	19,914
Accounts Payable	4,799	3,810	4,347	5,498	6,239	4,603
Accrued Expenses	114.79	140.49	209.95	159.88	196.07	206.03
Short-Term Debt	7,580	5,917	6,150	4,829	4,899	3,241
Current Portion of Long-Term Debt	1,613	1,598	1,119	620.32	431.25	290.87
Current Portion of Leases	-	-	20.2	4.89	725.69	799.07
Current Income Taxes Payable	25.29	32.61	3.45	1.51	1.85	455.93
Current Unearned Revenue	381.66	371.67	513.69	548.51	543.92	514.81
Other Current Liabilities	74.43	59.99	1,073	1,053	99.47	91.54
Total Current Liabilities	14,588	11,930	13,436	12,716	13,136	10,202
Long-Term Debt	1,458	1,229	1,072	1,754	2,214	1,596
Long-Term Leases	20.87	23.84	42.77	10.48	-	808.21
Long-Term Unearned Revenue	39.57	40.14	42.2	40.57	24.05	15.61
Long-Term Deferred Tax Liabilities	109.61	111.06	143.2	138.59	106.17	25.14
Other Long-Term Liabilities	853.7	740.52	932.63	847.4	779.68	-
Total Liabilities	17,069	14,074	15,669	15,507	16,261	12,647
Common Stock	1,337	1,337	1,337	1,337	1,337	1,337
Additional Paid-In Capital	817.62	817.62	1,333	1,333	1,333	1,333
Retained Earnings	5,319	5,263	5,143	5,003	4,844	4,957
Treasury Stock	-	-	-1,000	-1,000	-1,000	-359.01
Comprehensive Income & Other	6.97	1.48	-12.44	-4.37	4.02	-1.03
Total Common Equity	7,480	7,419	6,800	6,669	6,518	7,267
Shareholders' Equity	7,480	7,419	6,800	6,669	6,518	7,267
Total Liabilities & Equity	24,549	21,494	22,469	22,176	22,779	19,914
Total Debt	10,672	8,767	8,404	7,219	8,270	6,735
Net Cash (Debt)	-6,041	-6,416	-5,185	-3,755	-5,773	-3,376
Net Cash Per Share	-4.69	-5.08	-4.19	-3.04	-4.47	-2.55
Filing Date Shares Outstanding	1,338	1,338	1,237	1,237	1,237	1,283
Total Common Shares Outstanding	1,338	1,338	1,237	1,237	1,237	1,314
Working Capital	-3,844	-4,390	-4,933	-4,431	-4,502	-2,892
Book Value Per Share	5.59	5.55	5.50	5.39	5.27	5.53
Tangible Book Value	7,135	7,069	6,472	6,345	6,205	6,995
Tangible Book Value Per Share	5.33	5.28	5.23	5.13	5.02	5.32
Buildings	-	-	3,425	3,313	3,008	3,041
Machinery	-	-	14,941	13,780	13,103	12,571
Construction In Progress	-	-	1,497	2,059	3,001	936.17

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