SHA:601112 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
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
Cash & Equivalents	1,371	1,753	1,369	1,676	1,405
Short-Term Investments	-	-	128.27	-	112.68
Trading Asset Securities	956.25	14.68	15.24	13.05	11.84
Cash & Short-Term Investments	2,327	1,767	1,513	1,689	1,529
Cash Growth	37.82%	16.81%	-10.41%	10.42%	-
Accounts Receivable	4,230	4,158	2,843	3,046	3,097
Other Receivables	11.41	0.56	0.45	0.67	76.19
Receivables	4,241	4,158	2,843	3,047	3,173
Inventory	1,393	1,173	794.77	487.46	888.84
Other Current Assets	305.65	313	387.94	323.42	523.43
Total Current Assets	8,268	7,412	5,539	5,547	6,114
Property, Plant & Equipment	3,640	3,694	3,235	2,497	1,776
Other Intangible Assets	204.89	208.42	209.96	208.89	112.67
Long-Term Deferred Tax Assets	91.41	90.67	45.58	37.31	28.19
Long-Term Deferred Charges	1.15	0.88	3.82	5.49	9.62
Other Long-Term Assets	54.25	85.01	6.59	114.55	356.03
Total Assets	12,259	11,491	9,039	8,410	8,397
Accounts Payable	1,391	1,668	683.47	497.88	2,495
Accrued Expenses	165.16	137	110.31	105.39	88.38
Short-Term Debt	1,388	1,667	1,587	3,240	1,598
Current Portion of Long-Term Debt	-	1,320	563.53	176.06	65.82
Current Portion of Leases	-	17.27	16.96	14.64	29.56
Current Income Taxes Payable	-	43.68	60.78	65.42	58.33
Current Unearned Revenue	47.68	37.37	35.13	40.41	20.2
Other Current Liabilities	1,743	1,067	563	660.93	764.35
Total Current Liabilities	4,734	5,957	3,620	4,801	5,120
Long-Term Debt	740.8	1,690	2,433	1,115	830
Long-Term Leases	18.79	20.83	38.63	53.43	42.08
Long-Term Unearned Revenue	142.94	141.61	26.55	22.21	14.72
Long-Term Deferred Tax Liabilities	4.65	3.54	8.63	4.54	0.24
Total Liabilities	5,682	7,813	6,126	5,996	6,007
Common Stock	1,740	1,479	1,479	1,479	922.89
Additional Paid-In Capital	3,055	539.68	536.56	534.01	656.7
Retained Earnings	2,120	1,920	1,186	580.47	797.95
Comprehensive Income & Other	-343.04	-267.56	-293.75	-184.91	-131.45
Total Common Equity	6,572	3,671	2,908	2,409	2,246
Minority Interest	5.3	5.73	4.83	4.88	144.19
Shareholders' Equity	6,578	3,677	2,913	2,414	2,390
Total Liabilities & Equity	12,259	11,491	9,039	8,410	8,397
Total Debt	2,147	4,716	4,639	4,600	2,566
Net Cash (Debt)	180.23	-2,948	-3,126	-2,911	-1,037
Net Cash Per Share	0.12	-2.01	-2.12	-2.25	-1.12
Filing Date Shares Outstanding	1,668	1,479	1,479	1,295	921.96
Total Common Shares Outstanding	1,668	1,479	1,479	1,295	921.96
Working Capital	3,534	1,454	1,919	745.54	994.68
Book Value Per Share	3.94	2.48	1.97	1.86	2.44
Tangible Book Value	6,367	3,463	2,698	2,200	2,133
Tangible Book Value Per Share	3.82	2.34	1.82	1.70	2.31
Land	-	63.37	58.6	5.28	6.47
Buildings	-	2,457	1,822	918.82	737.17
Machinery	-	2,610	1,988	1,953	1,836
Construction In Progress	-	117.12	587.76	654.4	83.98

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