SHA:600968 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	2,919	8,612	6,666	8,219	3,739	3,151
Short-Term Investments	-	3,259	-	-	-	-
Trading Asset Securities	4,545	1,539	5,221	2,568	3,254	1,927
Cash & Short-Term Investments	7,464	13,410	11,887	10,788	6,993	5,078
Cash Growth	-30.46%	12.82%	10.19%	54.26%	37.72%	3.45%
Accounts Receivable	12,695	13,037	13,743	12,727	14,973	13,124
Other Receivables	179.67	67.33	143.12	68.09	176	166.31
Receivables	12,875	13,104	13,886	12,795	15,149	13,290
Inventory	1,572	1,070	1,014	748.87	855.41	749.98
Other Current Assets	2,889	601.51	405.61	456.88	314.55	430.28
Total Current Assets	24,800	28,186	27,192	24,789	23,313	19,548
Property, Plant & Equipment	13,560	13,508	13,431	12,585	11,539	10,681
Long-Term Investments	6,972	5,942	5,566	4,110	2,422	2,246
Other Intangible Assets	2,242	2,295	2,294	2,355	2,348	1,891
Long-Term Accounts Receivable	-	24.8	29.51	38.27	42.34	46.21
Long-Term Deferred Tax Assets	163.08	154.6	93.68	113.4	393.89	308.67
Long-Term Deferred Charges	920.04	995.85	850.99	887.55	594.96	666.04
Other Long-Term Assets	64.56	59.67	45.33	27.5	18.61	286.28
Total Assets	48,722	51,165	49,503	44,906	40,671	35,674
Accounts Payable	9,397	12,695	13,842	12,724	11,284	9,788
Accrued Expenses	1,380	1,316	1,373	1,373	1,437	1,354
Short-Term Debt	-	37.46	-	57.02	57.52	80.09
Current Portion of Long-Term Debt	473.53	224.56	427.52	495.1	21.73	11.9
Current Portion of Leases	-	304.48	322.56	234.71	173.54	114.68
Current Income Taxes Payable	509.85	350.84	335.39	307.69	324.17	416.78
Current Unearned Revenue	1,518	1,227	782.6	410.21	524.99	429.73
Other Current Liabilities	869.91	980.45	1,074	1,016	1,028	868.93
Total Current Liabilities	14,149	17,136	18,157	16,617	14,851	13,064
Long-Term Debt	2,199	2,361	2,018	1,507	1,161	368.47
Long-Term Leases	1,018	1,126	1,115	1,170	1,040	701.61
Long-Term Unearned Revenue	200	192.02	179.7	155.64	162.37	199.83
Pension & Post-Retirement Benefits	-	97.21	100.86	85.19	90.45	49.24
Long-Term Deferred Tax Liabilities	32.15	33.03	38.56	38.04	299.26	246.37
Other Long-Term Liabilities	381.86	21.44	29.19	28.16	26.86	26.86
Total Liabilities	17,979	20,967	21,639	19,601	17,631	14,657
Common Stock	10,165	10,165	10,165	10,165	10,165	10,165
Additional Paid-In Capital	1,726	1,726	1,728	1,727	1,726	1,737
Retained Earnings	18,221	17,584	15,072	12,534	10,317	8,461
Comprehensive Income & Other	50.78	100.37	198.23	201.84	120.05	-62.5
Total Common Equity	30,163	29,576	27,163	24,628	22,328	20,301
Minority Interest	578.94	623.07	700.82	677.02	711.82	716.65
Shareholders' Equity	30,742	30,199	27,864	25,305	23,039	21,017
Total Liabilities & Equity	48,722	51,165	49,503	44,906	40,671	35,674
Total Debt	3,690	4,054	3,884	3,464	2,454	1,277
Net Cash (Debt)	3,774	9,356	8,003	7,324	4,539	3,801
Net Cash Growth	-46.16%	16.91%	9.27%	61.35%	19.42%	3.11%
Net Cash Per Share	0.37	0.92	0.79	0.72	0.45	0.37
Filing Date Shares Outstanding	10,166	10,165	10,165	10,165	10,165	10,165
Total Common Shares Outstanding	10,166	10,165	10,165	10,165	10,165	10,165
Working Capital	10,651	11,050	9,035	8,172	8,461	6,484
Book Value Per Share	2.97	2.91	2.67	2.42	2.20	2.00
Tangible Book Value	27,921	27,281	24,869	22,273	19,980	18,409
Tangible Book Value Per Share	2.75	2.68	2.45	2.19	1.97	1.81
Buildings	-	4,833	4,138	4,142	4,157	4,139
Machinery	-	25,255	24,695	23,431	20,431	19,351
Construction In Progress	-	1,553	1,735	912.28	2,024	969.32

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