SHA:601018 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	5,243	7,455	4,588	9,635	16,793	10,206
Short-Term Investments	-	3,342	269.13	-	249.35	49.89
Trading Asset Securities	139.21	49.56	402.8	-	-	669.2
Cash & Short-Term Investments	5,382	10,846	5,260	9,635	17,042	10,925
Cash Growth	-53.32%	106.21%	-45.41%	-43.46%	55.99%	3.08%
Accounts Receivable	5,442	4,747	4,924	4,256	4,430	4,265
Other Receivables	592.97	557.62	833.7	161.71	141.54	98.01
Receivables	6,035	10,772	8,661	7,598	9,060	6,398
Inventory	595.73	791.82	833.66	1,155	841.7	760.55
Other Current Assets	5,420	1,233	710.43	849.21	1,084	1,188
Total Current Assets	17,432	23,643	15,465	19,238	28,028	19,273
Property, Plant & Equipment	67,002	67,250	64,702	61,734	54,945	49,924
Long-Term Investments	13,744	12,676	13,264	11,157	10,269	9,648
Goodwill	602.16	602.16	628.25	605.74	321.97	321.97
Other Intangible Assets	14,846	14,758	12,658	12,446	9,977	9,394
Long-Term Deferred Tax Assets	807.41	803.19	935.28	968.39	1,010	1,027
Long-Term Deferred Charges	85.77	86.23	62.55	66.74	50.58	50.09
Other Long-Term Assets	3,174	3,088	2,411	2,543	2,921	3,434
Total Assets	121,096	123,425	113,508	112,344	109,143	94,962
Accounts Payable	2,920	873.34	947.46	909.4	1,220	918.63
Accrued Expenses	430.9	2,253	2,168	1,993	1,758	1,550
Short-Term Debt	2,033	2,956	1,088	4,691	974.56	3,928
Current Portion of Long-Term Debt	626.72	1,443	405.17	498.98	610.34	2,030
Current Portion of Leases	-	-	89.39	248.98	219.43	307.3
Current Income Taxes Payable	682.93	510.56	432.4	167.54	283.57	414.5
Current Unearned Revenue	237.81	494.67	501.13	629.82	539.45	550.08
Other Current Liabilities	12,339	15,649	11,796	13,062	13,377	11,736
Total Current Liabilities	19,270	24,179	17,429	22,202	18,982	21,435
Long-Term Debt	7,501	6,983	7,599	7,513	11,826	12,548
Long-Term Leases	446.65	487.04	683.15	719.65	832.22	1,376
Long-Term Unearned Revenue	554.34	495.47	505.56	210.8	217.87	235.07
Long-Term Deferred Tax Liabilities	1,029	1,035	952.79	816.05	429.36	410.46
Other Long-Term Liabilities	820.81	131.25	143.33	170.43	199.07	82.89
Total Liabilities	29,623	33,311	27,313	31,631	32,487	36,088
Common Stock	19,454	19,454	19,454	19,454	19,454	15,807
Additional Paid-In Capital	27,477	27,477	28,015	26,613	26,862	15,922
Retained Earnings	34,181	33,437	30,953	28,379	25,403	22,555
Comprehensive Income & Other	848.02	384.33	509.14	438.49	427.14	428.46
Total Common Equity	81,960	80,753	78,932	74,884	72,146	54,713
Minority Interest	9,514	9,362	7,263	5,828	4,509	4,161
Shareholders' Equity	91,474	90,115	86,195	80,713	76,656	58,873
Total Liabilities & Equity	121,096	123,425	113,508	112,344	109,143	94,962
Total Debt	10,608	11,869	9,865	13,671	14,463	20,190
Net Cash (Debt)	-5,226	-1,023	-4,606	-4,036	2,580	-9,265
Net Cash Per Share	-0.27	-0.05	-0.24	-0.21	0.15	-0.59
Filing Date Shares Outstanding	19,499	19,454	19,454	19,454	19,454	15,807
Total Common Shares Outstanding	19,499	19,454	19,454	19,454	19,454	15,807
Working Capital	-1,838	-535.98	-1,964	-2,963	9,046	-2,163
Book Value Per Share	4.20	4.15	4.06	3.85	3.71	3.46
Tangible Book Value	66,512	65,392	65,646	61,833	61,848	44,997
Tangible Book Value Per Share	3.41	3.36	3.37	3.18	3.18	2.85
Buildings	-	6,947	6,627	6,091	5,359	4,917
Machinery	-	37,651	33,098	31,049	25,804	23,871
Construction In Progress	-	7,103	9,828	8,572	10,554	7,919

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