SHA:600968 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	8,612	6,666	8,219	3,739	3,151
Short-Term Investments	3,259	-	-	-	-
Trading Asset Securities	1,539	5,221	2,568	3,254	1,927
Cash & Short-Term Investments	13,410	11,887	10,788	6,993	5,078
Cash Growth	12.82%	10.19%	54.26%	37.72%	3.45%
Accounts Receivable	13,037	13,743	12,727	14,973	13,124
Other Receivables	67.33	143.12	68.09	176	166.31
Receivables	13,104	13,886	12,795	15,149	13,290
Inventory	1,070	1,014	748.87	855.41	749.98
Other Current Assets	601.51	405.61	456.88	314.55	430.28
Total Current Assets	28,186	27,192	24,789	23,313	19,548
Property, Plant & Equipment	13,508	13,431	12,585	11,539	10,681
Long-Term Investments	5,942	5,566	4,110	2,422	2,246
Other Intangible Assets	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	154.6	93.68	113.4	393.89	308.67
Long-Term Deferred Charges	995.85	850.99	887.55	594.96	666.04
Other Long-Term Assets	59.67	45.33	27.5	18.61	286.28
Total Assets	51,165	49,503	44,906	40,671	35,674
Accounts Payable	12,695	13,842	12,724	11,284	9,788
Accrued Expenses	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	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	350.84	335.39	307.69	324.17	416.78
Current Unearned Revenue	1,227	782.6	410.21	524.99	429.73
Other Current Liabilities	980.45	1,074	1,016	1,028	868.93
Total Current Liabilities	17,136	18,157	16,617	14,851	13,064
Long-Term Debt	2,361	2,018	1,507	1,161	368.47
Long-Term Leases	1,126	1,115	1,170	1,040	701.61
Long-Term Unearned Revenue	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	33.03	38.56	38.04	299.26	246.37
Other Long-Term Liabilities	21.44	29.19	28.16	26.86	26.86
Total Liabilities	20,967	21,639	19,601	17,631	14,657
Common Stock	10,165	10,165	10,165	10,165	10,165
Additional Paid-In Capital	1,726	1,728	1,727	1,726	1,737
Retained Earnings	17,584	15,072	12,534	10,317	8,461
Comprehensive Income & Other	100.37	198.23	201.84	120.05	-62.5
Total Common Equity	29,576	27,163	24,628	22,328	20,301
Minority Interest	623.07	700.82	677.02	711.82	716.65
Shareholders' Equity	30,199	27,864	25,305	23,039	21,017
Total Liabilities & Equity	51,165	49,503	44,906	40,671	35,674
Total Debt	4,054	3,884	3,464	2,454	1,277
Net Cash (Debt)	9,356	8,003	7,324	4,539	3,801
Net Cash Growth	16.91%	9.27%	61.35%	19.42%	3.11%
Net Cash Per Share	0.92	0.79	0.72	0.45	0.37
Filing Date Shares Outstanding	10,165	10,165	10,165	10,165	10,165
Total Common Shares Outstanding	10,165	10,165	10,165	10,165	10,165
Working Capital	11,050	9,035	8,172	8,461	6,484
Book Value Per Share	2.91	2.67	2.42	2.20	2.00
Tangible Book Value	27,281	24,869	22,273	19,980	18,409
Tangible Book Value Per Share	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.