SHA:600993 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	984.3	2,088	3,015	2,988	2,494	2,431
Short-Term Investments	-	-	-	-	138.81	142.01
Trading Asset Securities	1,577	506.09	142.14	63.29	674.35	106.02
Cash & Short-Term Investments	2,561	2,594	3,157	3,051	3,307	2,679
Cash Growth	-12.17%	-17.85%	3.48%	-7.72%	23.45%	15.22%
Accounts Receivable	813.01	796.97	457.05	334.67	409.64	242.87
Other Receivables	17.58	10.73	36.51	42.57	44.98	24.94
Receivables	830.59	807.7	493.56	377.24	454.62	267.81
Inventory	268.6	320.87	277.63	273.48	336.2	313.92
Other Current Assets	141.91	85.01	46.53	69.48	128.18	100.85
Total Current Assets	3,802	3,807	3,975	3,772	4,226	3,361
Property, Plant & Equipment	739.72	735.98	770.89	635.53	515.34	440.44
Long-Term Investments	136.09	140.84	148.95	152.83	151.47	176.79
Goodwill	22.99	22.99	25.26	25.26	25.26	25.26
Other Intangible Assets	110.92	114.06	93.09	90.11	37.28	36.9
Long-Term Deferred Tax Assets	55.95	54.55	50.59	49.46	58.36	21.63
Long-Term Deferred Charges	126.25	119.97	113.4	82.3	66.52	58.44
Other Long-Term Assets	645.35	440.48	4.6	22.46	8.14	6.27
Total Assets	5,639	5,436	5,182	4,830	5,088	4,127
Accounts Payable	301.23	318.2	337.66	289.69	284.74	156.82
Accrued Expenses	47.25	63.28	69.53	105.15	118.5	141.79
Short-Term Debt	11	11	31.8	45.8	88.1	88
Current Portion of Long-Term Debt	19.08	17.81	107.79	9.79	-	-
Current Portion of Leases	-	-	18.43	23.12	28.13	21.14
Current Income Taxes Payable	129.42	116.62	67.2	36.24	70.98	60.42
Current Unearned Revenue	99.92	98.16	88.65	91.86	102.75	88.18
Other Current Liabilities	143.08	142.57	83.3	79.43	164.94	109.08
Total Current Liabilities	750.97	767.64	804.36	681.07	858.14	665.44
Long-Term Debt	-	-	-	100	400	-
Long-Term Leases	74.35	70.31	76.2	93.59	122	73.21
Long-Term Unearned Revenue	52.17	55.42	54.56	27.89	26.95	29.03
Long-Term Deferred Tax Liabilities	22.56	22.09	23.5	28.61	35.37	2.51
Other Long-Term Liabilities	6.02	6.02	22.04	28.46	29.54	42.53
Total Liabilities	906.06	921.49	980.66	959.62	1,472	812.72
Common Stock	431.05	431.05	431.05	431.05	431.05	431.05
Additional Paid-In Capital	23.62	23.41	23.53	51.51	100.74	105.2
Retained Earnings	4,135	3,923	3,608	3,253	2,960	2,634
Comprehensive Income & Other	2.32	2.62	2.96	2.66	2.46	1.28
Total Common Equity	4,592	4,380	4,066	3,738	3,495	3,171
Minority Interest	141.01	135.01	135.32	131.94	121.5	142.82
Shareholders' Equity	4,733	4,515	4,201	3,870	3,616	3,314
Total Liabilities & Equity	5,639	5,436	5,182	4,830	5,088	4,127
Total Debt	104.42	99.13	234.22	272.29	638.23	182.35
Net Cash (Debt)	2,457	2,495	2,923	2,779	2,669	2,496
Net Cash Growth	-9.17%	-14.66%	5.19%	4.14%	6.90%	13.90%
Net Cash Per Share	5.70	5.79	6.81	6.46	6.19	5.80
Filing Date Shares Outstanding	433.85	427.22	431.05	431.05	431.05	431.05
Total Common Shares Outstanding	433.85	427.22	431.05	431.05	431.05	431.05
Working Capital	3,051	3,040	3,171	3,091	3,368	2,696
Book Value Per Share	10.58	10.25	9.43	8.67	8.11	7.36
Tangible Book Value	4,458	4,243	3,948	3,623	3,432	3,109
Tangible Book Value Per Share	10.28	9.93	9.16	8.40	7.96	7.21
Buildings	-	-	289.57	290.61	293.35	290.37
Machinery	-	-	447.54	401.77	402.1	292.67
Construction In Progress	-	-	357.6	205.74	25.71	8.75

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