SHA:601001 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	16,817	15,869	16,610	15,209	18,816	16,386
Cash & Short-Term Investments	16,817	15,869	16,610	15,209	18,816	16,386
Cash Growth	14.97%	-4.46%	9.21%	-19.17%	14.83%	77.47%
Accounts Receivable	740.93	608.04	433.94	458.29	1,211	1,158
Other Receivables	74.26	57.43	273.67	1,514	1,612	1,548
Receivables	815.19	665.47	707.61	1,972	2,824	2,706
Inventory	453.53	374.97	454.2	342.97	328.87	356.73
Prepaid Expenses	-	-	1.28	1.24	1.24	1.24
Other Current Assets	121.86	119.48	84.55	80.25	93.88	97.07
Total Current Assets	18,207	17,029	17,858	17,605	22,063	19,547
Property, Plant & Equipment	9,822	9,807	10,112	10,330	10,681	11,561
Long-Term Investments	5,148	5,984	6,529	6,415	5,876	5,350
Other Intangible Assets	2,962	3,026	2,956	3,208	3,452	3,672
Long-Term Deferred Tax Assets	2.31	2.31	2.36	15.63	2.4	147.69
Long-Term Deferred Charges	-	-	-	1.82	5.6	-
Other Long-Term Assets	51.17	51.42	97.32	98.9	138.21	66.95
Total Assets	36,193	35,900	37,554	37,675	42,218	40,345
Accounts Payable	3,688	3,694	4,159	4,813	5,636	5,814
Accrued Expenses	438.28	348.34	717.87	651.73	795.01	1,047
Short-Term Debt	-	-	261.53	2,122	2,943	5,966
Current Portion of Long-Term Debt	587.99	581.92	822.45	127.92	4,466	913.13
Current Portion of Leases	-	-	269.64	61.94	94.57	128.2
Current Income Taxes Payable	441.11	549.46	239.18	338.52	236.32	626.28
Current Unearned Revenue	440.95	329.6	209.78	358.75	152.65	301.43
Other Current Liabilities	521.86	964.05	771.5	287.98	2,135	1,461
Total Current Liabilities	6,118	6,468	7,451	8,762	16,458	16,257
Long-Term Debt	-	-	1,300	3,389	3,374	4,670
Long-Term Leases	254.22	268.31	1,106	284.53	335.97	430.05
Long-Term Unearned Revenue	90.1	90.37	106.87	122.83	139.22	119.61
Long-Term Deferred Tax Liabilities	55.05	55.05	83.27	63.31	53.59	198.22
Other Long-Term Liabilities	1,442	1,437	802.1	680.23	658.58	855.43
Total Liabilities	7,960	8,319	10,849	13,302	21,019	22,530
Common Stock	1,674	1,674	1,674	1,674	1,674	1,674
Additional Paid-In Capital	87.8	87.8	158.23	147.6	150.9	132.48
Retained Earnings	15,979	15,641	15,073	13,590	11,341	8,959
Comprehensive Income & Other	1,808	1,682	1,590	1,485	1,371	1,136
Total Common Equity	19,548	19,084	18,494	16,897	14,536	11,902
Minority Interest	8,685	8,497	8,211	7,476	6,663	5,913
Shareholders' Equity	28,233	27,581	26,705	24,373	21,199	17,815
Total Liabilities & Equity	36,193	35,900	37,554	37,675	42,218	40,345
Total Debt	842.21	850.23	3,759	5,985	11,213	12,107
Net Cash (Debt)	15,974	15,019	12,851	9,224	7,603	4,279
Net Cash Growth	20.62%	16.87%	39.33%	21.32%	77.66%	-
Net Cash Per Share	9.45	8.94	7.69	5.50	4.54	2.55
Filing Date Shares Outstanding	1,693	1,682	1,674	1,674	1,674	1,674
Total Common Shares Outstanding	1,693	1,682	1,674	1,674	1,674	1,674
Working Capital	12,089	10,561	10,407	8,843	5,606	3,290
Book Value Per Share	11.55	11.35	11.05	10.10	8.68	7.11
Tangible Book Value	16,586	16,058	15,539	13,689	11,084	8,230
Tangible Book Value Per Share	9.80	9.55	9.28	8.18	6.62	4.92
Buildings	-	-	9,693	9,506	9,417	9,347
Machinery	-	-	12,292	11,766	11,441	11,407
Construction In Progress	-	-	673.84	702.85	520.4	440.54

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