SHA:601098 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	12,571	11,822	12,492	11,474	10,858	10,965
Short-Term Investments	-	508.02	15	1,181	1,725	865.66
Trading Asset Securities	2,927	2,006	934.62	693.2	1,252	1,983
Cash & Short-Term Investments	15,497	14,336	13,441	13,348	13,835	13,814
Cash Growth	3.21%	6.65%	0.70%	-3.52%	0.16%	-7.87%
Accounts Receivable	2,014	1,383	1,379	1,242	1,113	1,004
Other Receivables	371.4	468.79	515.28	409.43	449.17	496.04
Receivables	2,386	5,273	7,280	5,416	5,079	4,980
Inventory	1,088	1,023	1,135	1,559	1,827	1,677
Prepaid Expenses	-	1.76	226.82	0.64	-	0.26
Other Current Assets	2,528	380.41	446.91	388.36	386.48	270.73
Total Current Assets	21,499	21,014	22,530	20,713	21,128	20,741
Property, Plant & Equipment	2,807	2,843	2,944	2,346	1,857	1,517
Long-Term Investments	520.31	488.86	475.46	533.15	327.87	214.88
Goodwill	62.39	62.39	62.39	62.39	62.39	62.39
Other Intangible Assets	893.32	902.36	931.91	965.29	977.25	977.41
Long-Term Accounts Receivable	95.26	95.26	102.32	113.83	123.17	117.2
Long-Term Deferred Tax Assets	42.16	42.19	36.86	283.76	26.18	23.66
Long-Term Deferred Charges	178.51	177.89	139.21	116.43	92.58	83.45
Other Long-Term Assets	692.22	693.19	214.36	235.49	189.58	239.2
Total Assets	26,790	26,319	27,436	25,369	24,819	24,062
Accounts Payable	4,207	4,149	4,250	4,032	3,823	3,486
Accrued Expenses	693.07	1,229	1,255	1,180	985.36	891.52
Short-Term Debt	-	-	-	-	276.14	-
Current Portion of Leases	39.37	49.72	24.78	45.69	25.43	21.99
Current Income Taxes Payable	36.67	13.31	17.03	17.6	8.71	9.16
Current Unearned Revenue	1,998	1,319	1,939	1,803	2,100	1,405
Other Current Liabilities	1,460	1,604	2,554	1,213	1,432	2,389
Total Current Liabilities	8,434	8,364	10,039	8,292	8,651	8,202
Long-Term Leases	51.47	47.48	58.18	70.65	67.72	71.93
Long-Term Unearned Revenue	148.31	153.02	144.85	137.96	108.39	99.33
Other Long-Term Liabilities	835.99	826.15	773.27	664.46	544.86	402.42
Total Liabilities	9,470	9,390	11,015	9,165	9,372	8,776
Common Stock	1,796	1,796	1,796	1,796	1,796	1,796
Additional Paid-In Capital	4,394	4,394	4,443	4,450	4,450	4,449
Retained Earnings	10,365	9,981	9,391	9,170	8,393	8,161
Comprehensive Income & Other	-4.6	-0.28	-0.38	0.06	4.46	-4.95
Total Common Equity	16,550	16,171	15,629	15,416	14,643	14,400
Minority Interest	769.81	757.98	792.49	787.94	804.23	885.29
Shareholders' Equity	17,320	16,929	16,421	16,204	15,447	15,286
Total Liabilities & Equity	26,790	26,319	27,436	25,369	24,819	24,062
Total Debt	90.84	97.19	82.96	116.34	369.29	93.92
Net Cash (Debt)	15,407	14,239	13,358	13,232	13,466	13,720
Net Cash Growth	3.10%	6.59%	0.95%	-1.74%	-1.85%	-8.49%
Net Cash Per Share	8.64	7.95	7.40	7.35	7.51	7.60
Filing Date Shares Outstanding	1,796	1,796	1,796	1,796	1,796	1,796
Total Common Shares Outstanding	1,796	1,796	1,796	1,796	1,796	1,796
Working Capital	13,065	12,650	12,492	12,421	12,477	12,539
Book Value Per Share	9.22	9.00	8.70	8.58	8.15	8.02
Tangible Book Value	15,595	15,206	14,635	14,388	13,603	13,361
Tangible Book Value Per Share	8.68	8.47	8.15	8.01	7.57	7.44
Buildings	-	3,346	2,024	1,924	2,010	2,001
Machinery	-	1,335	1,237	1,166	1,166	1,136
Construction In Progress	-	171.78	1,563	978.31	447.67	63.76

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