SHA:600970 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	8,245	8,466	9,638	8,984	8,500
Short-Term Investments	87.2	358.13	467.82	10.03	-
Trading Asset Securities	61.64	259.34	251.48	612.23	427.15
Cash & Short-Term Investments	8,394	9,083	10,357	9,607	8,927
Cash Growth	-7.59%	-12.30%	7.82%	7.61%	2.31%
Accounts Receivable	27,851	25,089	19,839	16,688	12,321
Other Receivables	987.55	1,069	888.78	912.79	1,883
Receivables	28,838	26,158	20,728	17,601	14,204
Inventory	2,770	2,446	2,879	3,058	2,541
Prepaid Expenses	11.45	10.01	0.63	24.07	7.7
Other Current Assets	6,899	5,964	5,523	5,565	5,879
Total Current Assets	46,913	43,662	39,488	35,855	31,559
Property, Plant & Equipment	6,697	6,365	5,801	5,135	3,569
Long-Term Investments	2,748	2,666	1,647	1,476	631.81
Goodwill	682.99	727.54	782.14	897.61	704.08
Other Intangible Assets	1,023	1,068	1,092	1,114	759.06
Long-Term Accounts Receivable	2,093	2,510	3,961	4,077	3,605
Long-Term Deferred Tax Assets	728.45	632.73	592.04	548.22	491.93
Long-Term Deferred Charges	201.74	216.33	195.61	191.32	133.94
Other Long-Term Assets	950.62	897.2	859.33	773.82	359.88
Total Assets	62,038	58,746	54,420	50,068	41,814
Accounts Payable	17,929	16,989	14,335	12,655	10,406
Accrued Expenses	1,476	1,350	1,207	1,307	973.38
Short-Term Debt	3,415	2,748	2,527	2,573	3,016
Current Portion of Long-Term Debt	1,108	2,039	1,502	758.89	602.3
Current Portion of Leases	26.8	18.84	15.87	18.58	3.15
Current Income Taxes Payable	316.41	364.33	382.86	345.7	219.18
Current Unearned Revenue	8,585	7,756	7,613	6,821	8,077
Other Current Liabilities	1,608	2,004	2,317	2,452	1,658
Total Current Liabilities	34,464	33,268	29,900	26,931	24,955
Long-Term Debt	2,070	1,785	3,044	3,311	2,276
Long-Term Leases	46.63	48.39	55.42	21.84	24.4
Long-Term Unearned Revenue	316.03	366.53	301.67	337.76	312.86
Pension & Post-Retirement Benefits	229.78	253.23	232.61	232.13	66.42
Long-Term Deferred Tax Liabilities	69.89	73.9	80.46	99.26	67.07
Other Long-Term Liabilities	175.33	205.67	194.2	276.93	282.88
Total Liabilities	37,372	36,001	33,808	31,210	27,985
Common Stock	2,622	2,642	2,642	2,266	2,219
Additional Paid-In Capital	378.48	453.87	409.92	1,184	302.28
Retained Earnings	19,783	18,101	16,175	14,055	10,622
Treasury Stock	-14.16	-206.62	-306.58	-267.19	-
Comprehensive Income & Other	186.65	125.61	174.54	191.54	123.59
Total Common Equity	22,956	21,115	19,095	17,428	13,267
Minority Interest	1,710	1,630	1,516	1,430	561.61
Shareholders' Equity	24,666	22,745	20,611	18,858	13,829
Total Liabilities & Equity	62,038	58,746	54,420	50,068	41,814
Total Debt	6,666	6,638	7,144	6,683	5,922
Net Cash (Debt)	1,728	2,445	3,213	2,923	3,005
Net Cash Growth	-29.34%	-23.90%	9.91%	-2.71%	-18.20%
Net Cash Per Share	0.66	0.93	1.23	1.13	1.36
Filing Date Shares Outstanding	2,622	2,642	2,642	2,266	2,219
Total Common Shares Outstanding	2,622	2,642	2,642	2,266	2,219
Working Capital	12,449	10,394	9,588	8,924	6,604
Book Value Per Share	8.76	7.99	7.23	7.69	5.98
Tangible Book Value	21,250	19,320	17,221	15,417	11,804
Tangible Book Value Per Share	8.10	7.31	6.52	6.80	5.32
Buildings	4,598	4,640	4,173	3,384	2,309
Machinery	4,890	4,377	3,672	3,296	2,728
Construction In Progress	259.17	216.13	576.11	850.61	579.42
Order Backlog	11,842,704	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.