SHA:600969 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	1,117	1,701	1,634	1,170	1,655	1,544
Trading Asset Securities	233.36	37.36	3.31	34.09	43.56	48.52
Accounts Receivable	481.61	535.97	553.02	493.53	520.93	492.93
Other Receivables	215.79	314.38	361.26	1,057	1,018	405.74
Inventory	65.22	45.28	59.49	69.34	80.78	55.43
Other Current Assets	74.87	57.98	81.77	86.18	41.78	170.19
Total Current Assets	2,188	2,692	2,693	2,910	3,361	2,717
Property, Plant & Equipment	9,657	9,702	9,774	10,015	10,222	10,031
Goodwill	20.82	21.27	23.85	23.85	23.85	23.39
Other Intangible Assets	401.33	396.56	404.95	414.49	419.42	604.82
Long-Term Investments	1,643	1,629	1,595	1,567	1,508	1,525
Long-Term Deferred Tax Assets	0.48	0.42	0.17	2.12	2.54	11.67
Long-Term Deferred Charges	10.82	8.12	8.5	9.01	7.52	5.84
Long-Term Accounts Receivable	55.23	59.23	-	-	-	-
Other Long-Term Assets	49.68	49.7	6.9	5.99	18.04	106.5
Total Assets	14,027	14,559	14,507	14,947	15,562	15,025
Accounts Payable	1,498	1,391	858.85	766.76	727.86	322.59
Accrued Expenses	21.44	81.56	114.73	121.95	181.53	108.21
Short-Term Debt	10.01	652.51	436	200.75	2.23	100
Current Portion of Long-Term Debt	1,067	804.17	557.26	1,190	807.5	379.38
Current Unearned Revenue	323.48	297.94	315.4	302.98	302.82	398.04
Current Portion of Leases	-	7.68	5.88	7.02	12.5	4.5
Current Income Taxes Payable	45.06	25.84	24.62	18.29	43.36	20.61
Other Current Liabilities	670.82	787.3	882.21	987.06	1,278	1,311
Total Current Liabilities	3,636	4,048	3,195	3,595	3,356	2,644
Long-Term Debt	5,630	5,765	6,667	6,776	7,499	7,647
Long-Term Leases	39.81	38.55	42.88	49.92	44.78	31.97
Long-Term Unearned Revenue	694.37	702.9	717.2	702.64	729.99	755.35
Long-Term Deferred Tax Liabilities	0.27	0.27	0.36	0.18	0.19	0.2
Other Long-Term Liabilities	1.94	1.94	1.31	1.07	49.64	16
Total Liabilities	10,002	10,557	10,624	11,125	11,679	11,095
Common Stock	370.05	370.05	370.05	370.05	370.05	370.05
Additional Paid-In Capital	2,565	2,565	2,567	2,559	2,543	2,543
Retained Earnings	694.94	683.62	607.28	643.55	727.05	693.44
Comprehensive Income & Other	10.41	9.97	10.57	12.86	6.99	9.49
Total Common Equity	3,640	3,629	3,555	3,585	3,647	3,616
Minority Interest	384.38	373.1	327.99	236.52	236.15	313.93
Shareholders' Equity	4,025	4,002	3,883	3,822	3,883	3,930
Total Liabilities & Equity	14,027	14,559	14,507	14,947	15,562	15,025
Total Debt	6,747	7,268	7,709	8,225	8,366	8,163
Net Cash (Debt)	-5,396	-5,530	-6,072	-7,020	-6,667	-6,570
Net Cash Per Share	-14.85	-15.21	-16.74	-19.34	-18.01	-17.76
Filing Date Shares Outstanding	370.05	370.05	370.05	370.05	370.05	370.05
Total Common Shares Outstanding	370.05	370.05	370.05	370.05	370.05	370.05
Working Capital	-1,448	-1,356	-502.25	-685.1	5.31	72.58
Book Value Per Share	9.84	9.81	9.61	9.69	9.86	9.77
Tangible Book Value	3,218	3,211	3,126	3,147	3,204	2,988
Tangible Book Value Per Share	8.70	8.68	8.45	8.50	8.66	8.07
Buildings	-	5,597	5,588	5,455	5,226	4,178
Machinery	-	8,878	8,698	8,822	8,691	8,124
Construction In Progress	-	234.92	126.92	112.26	204.06	1,129