SHA:600967 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	6,435	4,150	2,551	5,027	4,676	10,101
Short-Term Investments	-	-	2,407	2,507	2,472	1,590
Trading Asset Securities	-	-	-	-	-	248.4
Cash & Short-Term Investments	6,435	4,150	4,958	7,534	7,147	11,940
Cash Growth	3.60%	-16.30%	-34.19%	5.41%	-40.14%	-23.57%
Accounts Receivable	2,525	2,088	2,209	1,970	2,247	2,134
Other Receivables	46.79	37.7	18.31	25.8	27.52	5.9
Receivables	2,572	2,125	2,228	1,996	2,275	2,140
Inventory	1,513	3,383	2,959	3,469	3,494	3,973
Other Current Assets	7,069	7,693	2,245	1,847	1,541	4,805
Total Current Assets	17,589	17,350	12,389	14,847	14,458	22,857
Property, Plant & Equipment	2,210	2,265	2,249	2,284	2,268	2,255
Long-Term Investments	721.18	1,193	3,310	4,470	4,305	4,144
Other Intangible Assets	1,910	1,928	1,977	2,036	2,103	2,179
Long-Term Accounts Receivable	-	-	-	-	4.14	12.14
Long-Term Deferred Tax Assets	45.13	43.62	46.77	48.76	48.76	47.04
Other Long-Term Assets	38.87	202.7	61.13	56.83	90.89	85.61
Total Assets	22,515	22,982	20,033	23,742	23,277	31,580
Accounts Payable	6,076	7,256	6,048	5,204	5,777	7,978
Accrued Expenses	69.65	62.98	277.53	380.74	150.94	153.51
Short-Term Debt	33.8	100.16	243.62	27.86	25.02	20.02
Current Portion of Long-Term Debt	3.86	3.95	-	-	-	-
Current Portion of Leases	-	-	12.43	12.26	12.37	9.64
Current Income Taxes Payable	271.67	219.44	3.79	11.97	13	26
Current Unearned Revenue	3,183	2,669	1,195	5,699	5,403	12,006
Other Current Liabilities	266.34	245.14	181.53	171.03	306.63	456.65
Total Current Liabilities	9,905	10,557	7,962	11,507	11,688	20,650
Long-Term Leases	9.26	9.17	13.21	19.35	23.18	26.76
Long-Term Unearned Revenue	98.32	99.81	56.48	42.11	53.04	68.65
Other Long-Term Liabilities	521.93	475.84	387.37	700.91	523.09	413.34
Total Liabilities	10,534	11,142	8,419	12,269	12,288	21,158
Common Stock	1,702	1,702	1,702	1,703	1,704	1,704
Additional Paid-In Capital	4,597	4,597	4,596	4,429	4,419	4,391
Retained Earnings	5,527	5,389	5,173	5,230	4,791	4,266
Treasury Stock	-	-	-8.58	-31.23	-68.4	-70.95
Comprehensive Income & Other	121.28	118.29	117.37	104.4	96.13	81
Total Common Equity	11,948	11,806	11,580	11,435	10,942	10,372
Minority Interest	32.8	34.04	33.88	38.17	46.94	49.83
Shareholders' Equity	11,980	11,840	11,614	11,473	10,989	10,422
Total Liabilities & Equity	22,515	22,982	20,033	23,742	23,277	31,580
Total Debt	46.92	113.28	269.26	59.47	60.58	56.42
Net Cash (Debt)	6,388	4,037	4,689	7,475	7,087	11,883
Net Cash Growth	4.13%	-13.91%	-37.27%	5.47%	-40.36%	-23.67%
Net Cash Per Share	3.80	2.41	2.72	4.39	4.13	7.00
Filing Date Shares Outstanding	1,729	1,593	1,702	1,703	1,704	1,704
Total Common Shares Outstanding	1,729	1,593	1,702	1,703	1,704	1,704
Working Capital	7,685	6,793	4,427	3,340	2,769	2,208
Book Value Per Share	6.91	7.41	6.80	6.72	6.42	6.09
Tangible Book Value	10,038	9,878	9,603	9,399	8,839	8,193
Tangible Book Value Per Share	5.81	6.20	5.64	5.52	5.19	4.81
Buildings	-	-	1,408	1,318	1,327	1,313
Machinery	-	-	3,445	3,112	2,964	2,892
Construction In Progress	-	-	224.89	476.07	415.53	307.72

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