SHA:600970 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	7,009	8,245	8,466	9,638	8,984	8,500
Short-Term Investments	-	87.2	358.13	467.82	10.03	-
Trading Asset Securities	62.54	61.64	259.34	251.48	612.23	427.15
Cash & Short-Term Investments	7,071	8,394	9,083	10,357	9,607	8,927
Cash Growth	3.15%	-7.59%	-12.30%	7.82%	7.61%	2.31%
Accounts Receivable	26,282	27,851	25,089	19,839	16,688	12,321
Other Receivables	998.38	987.55	1,069	888.78	912.79	1,883
Receivables	27,280	28,838	26,158	20,728	17,601	14,204
Inventory	3,208	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	10,703	6,899	5,964	5,523	5,565	5,879
Total Current Assets	48,263	46,913	43,662	39,488	35,855	31,559
Property, Plant & Equipment	6,619	6,697	6,365	5,801	5,135	3,569
Long-Term Investments	2,729	2,748	2,666	1,647	1,476	631.81
Goodwill	670.96	682.99	727.54	782.14	897.61	704.08
Other Intangible Assets	1,478	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	746.02	728.45	632.73	592.04	548.22	491.93
Long-Term Deferred Charges	222.38	201.74	216.33	195.61	191.32	133.94
Other Long-Term Assets	3,273	950.62	897.2	859.33	773.82	359.88
Total Assets	64,002	62,038	58,746	54,420	50,068	41,814
Accounts Payable	17,860	17,929	16,989	14,335	12,655	10,406
Accrued Expenses	403.51	1,476	1,350	1,207	1,307	973.38
Short-Term Debt	2,851	3,415	2,748	2,527	2,573	3,016
Current Portion of Long-Term Debt	870.07	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	519.75	316.41	364.33	382.86	345.7	219.18
Current Unearned Revenue	10,179	8,585	7,756	7,613	6,821	8,077
Other Current Liabilities	2,850	1,608	2,004	2,317	2,452	1,658
Total Current Liabilities	35,533	34,464	33,268	29,900	26,931	24,955
Long-Term Debt	2,089	2,070	1,785	3,044	3,311	2,276
Long-Term Leases	55.7	46.63	48.39	55.42	21.84	24.4
Long-Term Unearned Revenue	296.99	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	75.34	69.89	73.9	80.46	99.26	67.07
Other Long-Term Liabilities	848.53	175.33	205.67	194.2	276.93	282.88
Total Liabilities	38,898	37,372	36,001	33,808	31,210	27,985
Common Stock	2,622	2,622	2,642	2,642	2,266	2,219
Additional Paid-In Capital	378.96	378.48	453.87	409.92	1,184	302.28
Retained Earnings	20,238	19,783	18,101	16,175	14,055	10,622
Treasury Stock	-14.16	-14.16	-206.62	-306.58	-267.19	-
Comprehensive Income & Other	172.04	186.65	125.61	174.54	191.54	123.59
Total Common Equity	23,396	22,956	21,115	19,095	17,428	13,267
Minority Interest	1,707	1,710	1,630	1,516	1,430	561.61
Shareholders' Equity	25,103	24,666	22,745	20,611	18,858	13,829
Total Liabilities & Equity	64,002	62,038	58,746	54,420	50,068	41,814
Total Debt	5,866	6,666	6,638	7,144	6,683	5,922
Net Cash (Debt)	1,206	1,728	2,445	3,213	2,923	3,005
Net Cash Growth	593.52%	-29.34%	-23.90%	9.91%	-2.71%	-18.20%
Net Cash Per Share	0.46	0.66	0.93	1.23	1.13	1.36
Filing Date Shares Outstanding	2,675	2,622	2,642	2,642	2,266	2,219
Total Common Shares Outstanding	2,675	2,622	2,642	2,642	2,266	2,219
Working Capital	12,730	12,449	10,394	9,588	8,924	6,604
Book Value Per Share	8.75	8.76	7.99	7.23	7.69	5.98
Tangible Book Value	21,247	21,250	19,320	17,221	15,417	11,804
Tangible Book Value Per Share	7.94	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	-	-	-	-

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