SHA:601018 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	7,455	4,586	9,635	16,793	10,206
Short-Term Investments	-	269.13	-	249.35	49.89
Trading Asset Securities	49.56	402.8	-	-	669.2
Cash & Short-Term Investments	7,504	5,258	9,635	17,042	10,925
Cash Growth	42.72%	-45.43%	-43.46%	55.99%	3.08%
Accounts Receivable	4,747	4,887	4,256	4,430	4,265
Other Receivables	557.62	733.4	161.71	141.54	98.01
Receivables	5,305	8,546	7,598	9,060	6,398
Inventory	791.82	832.08	1,155	841.7	760.55
Other Current Assets	10,042	792.96	849.21	1,084	1,188
Total Current Assets	23,643	15,429	19,238	28,028	19,273
Property, Plant & Equipment	67,258	63,975	61,734	54,945	49,924
Long-Term Investments	12,676	13,264	11,157	10,269	9,648
Goodwill	602.16	628.25	605.74	321.97	321.97
Other Intangible Assets	14,758	12,499	12,446	9,977	9,394
Long-Term Deferred Tax Assets	803.19	931.7	968.39	1,010	1,027
Long-Term Deferred Charges	86.23	62.41	66.74	50.58	50.09
Other Long-Term Assets	3,080	2,411	2,543	2,921	3,434
Total Assets	123,425	112,899	112,344	109,143	94,962
Accounts Payable	2,733	936.76	909.4	1,220	918.63
Accrued Expenses	51.32	2,137	1,993	1,758	1,550
Short-Term Debt	2,956	1,088	4,691	974.56	3,928
Current Portion of Long-Term Debt	1,443	280.37	498.98	610.34	2,030
Current Portion of Leases	-	214.19	248.98	219.43	307.3
Current Income Taxes Payable	801.98	432.4	167.54	283.57	414.5
Current Unearned Revenue	359.91	526.77	629.82	539.45	550.08
Other Current Liabilities	15,834	11,854	13,062	13,377	11,736
Total Current Liabilities	24,179	17,470	22,202	18,982	21,435
Long-Term Debt	6,833	7,599	7,513	11,826	12,548
Long-Term Leases	487.04	683.15	719.65	832.22	1,376
Long-Term Unearned Revenue	495.47	502.94	210.8	217.87	235.07
Long-Term Deferred Tax Liabilities	1,035	950.66	816.05	429.36	410.46
Other Long-Term Liabilities	281.38	143.33	170.43	199.07	82.89
Total Liabilities	33,311	27,349	31,631	32,487	36,088
Common Stock	19,454	19,454	19,454	19,454	15,807
Additional Paid-In Capital	27,477	26,825	26,613	26,862	15,922
Retained Earnings	33,011	31,506	28,379	25,403	22,555
Comprehensive Income & Other	810.88	508.11	438.49	427.14	428.46
Total Common Equity	80,753	78,293	74,884	72,146	54,713
Minority Interest	9,362	7,256	5,828	4,509	4,161
Shareholders' Equity	90,115	85,550	80,713	76,656	58,873
Total Liabilities & Equity	123,425	112,899	112,344	109,143	94,962
Total Debt	11,719	9,865	13,671	14,463	20,190
Net Cash (Debt)	-4,214	-4,607	-4,036	2,580	-9,265
Net Cash Per Share	-0.22	-0.24	-0.21	0.15	-0.59
Filing Date Shares Outstanding	19,454	19,454	19,454	19,454	15,807
Total Common Shares Outstanding	19,454	19,454	19,454	19,454	15,807
Working Capital	-535.98	-2,041	-2,963	9,046	-2,163
Book Value Per Share	4.15	4.02	3.85	3.71	3.46
Tangible Book Value	65,392	65,167	61,833	61,848	44,997
Tangible Book Value Per Share	3.36	3.35	3.18	3.18	2.85
Buildings	-	6,578	6,091	5,359	4,917
Machinery	-	32,899	31,049	25,804	23,871
Construction In Progress	-	9,798	8,572	10,554	7,919

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