SHA:601000 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	8,379	8,135	4,790	5,615	6,775	5,297
Cash & Short-Term Investments	8,379	8,135	4,790	5,615	6,775	5,297
Cash Growth	20.35%	69.84%	-14.69%	-17.13%	27.90%	3.49%
Accounts Receivable	667.05	654.47	594.48	839.81	1,141	1,674
Other Receivables	21.08	27.67	62.51	52.34	20.79	1,498
Receivables	688.13	682.14	656.99	892.15	1,162	3,172
Inventory	112.8	107.03	86.34	87.11	103.52	105.49
Other Current Assets	65.38	87.82	70.65	57.33	97.08	110.85
Total Current Assets	9,246	9,012	5,604	6,651	8,138	8,685
Property, Plant & Equipment	7,821	7,947	8,214	8,785	9,417	9,865
Long-Term Investments	3,906	3,868	3,814	3,629	3,305	2,942
Other Intangible Assets	2,223	2,246	2,048	1,677	1,669	1,608
Long-Term Deferred Tax Assets	190.96	187.72	186.7	204.32	188.42	190.55
Long-Term Deferred Charges	69.76	75.72	65.6	21.86	34.04	23.55
Other Long-Term Assets	2,390	2,168	4,851	2,880	584.1	429.1
Total Assets	25,847	25,504	24,783	23,848	23,335	23,744
Accounts Payable	702.69	86.23	138.1	254.29	213.93	193.86
Accrued Expenses	162.27	413.47	515.7	431.12	569.41	565.43
Short-Term Debt	-	-	-	-	-	1,017
Current Portion of Long-Term Debt	8.98	-	-	-	-	-
Current Portion of Leases	-	4.2	0.2	1.19	1.11	-
Current Income Taxes Payable	172.02	114.9	118.61	146.79	92.25	214.34
Current Unearned Revenue	211.88	308.24	305.82	370.69	410.44	338.13
Other Current Liabilities	163.58	639.77	698.34	540.48	855.64	972.44
Total Current Liabilities	1,421	1,567	1,777	1,745	2,143	3,301
Long-Term Debt	81.46	77.66	-	-	-	-
Long-Term Leases	-	-	0.21	0.41	1.6	1.93
Long-Term Unearned Revenue	542.6	531.37	448.1	449.22	434.5	402.3
Pension & Post-Retirement Benefits	-	24.76	16.71	8.58	-	-
Long-Term Deferred Tax Liabilities	25.66	24.01	32.49	33.57	25.84	-
Other Long-Term Liabilities	81.98	74.16	170.16	171.2	192.71	232.34
Total Liabilities	2,153	2,299	2,444	2,408	2,797	3,938
Common Stock	5,926	5,926	5,926	5,926	5,926	5,926
Additional Paid-In Capital	3,688	3,688	3,714	3,704	3,698	3,688
Retained Earnings	12,133	11,662	10,855	10,062	9,322	8,818
Comprehensive Income & Other	173.51	208.78	272.82	284.04	227.54	115.73
Total Common Equity	21,920	21,484	20,768	19,976	19,173	18,547
Minority Interest	1,773	1,721	1,571	1,465	1,364	1,259
Shareholders' Equity	23,694	23,205	22,338	21,441	20,537	19,806
Total Liabilities & Equity	25,847	25,504	24,783	23,848	23,335	23,744
Total Debt	90.44	81.86	0.41	1.6	2.71	1,019
Net Cash (Debt)	8,289	8,053	4,790	5,613	6,772	4,278
Net Cash Growth	19.05%	68.14%	-14.67%	-17.12%	58.30%	9.01%
Net Cash Per Share	1.40	1.36	0.81	0.95	1.14	0.72
Filing Date Shares Outstanding	5,923	5,926	5,926	5,926	5,926	5,926
Total Common Shares Outstanding	5,923	5,926	5,926	5,926	5,926	5,926
Working Capital	7,824	7,445	3,827	4,907	5,995	5,384
Book Value Per Share	3.70	3.63	3.50	3.37	3.24	3.13
Tangible Book Value	19,697	19,238	18,720	18,299	17,504	16,939
Tangible Book Value Per Share	3.33	3.25	3.16	3.09	2.95	2.86
Buildings	-	10,321	10,255	10,239	9,937	9,884
Machinery	-	5,776	5,616	5,656	5,537	5,303
Construction In Progress	-	203.01	155.83	143.6	552.64	679.95

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