SHA:601126 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	3,782	3,532	3,120	2,323	2,014
Trading Asset Securities	500	240	-	-	-
Cash & Short-Term Investments	4,282	3,772	3,120	2,323	2,014
Cash Growth	13.51%	20.89%	34.35%	15.33%	-7.57%
Accounts Receivable	3,948	3,394	2,723	2,701	2,395
Other Receivables	58.22	43.7	43.24	45.85	41.1
Receivables	4,006	3,438	2,766	2,747	2,436
Inventory	2,325	1,967	2,031	1,921	1,559
Prepaid Expenses	40.96	40.62	47.97	43.64	28.43
Other Current Assets	784.41	705.47	559.57	503.09	448.86
Total Current Assets	11,439	9,923	8,525	7,537	6,487
Property, Plant & Equipment	597.49	533.98	413.09	422.66	403.59
Long-Term Investments	86.42	82.59	79.2	75.73	47.24
Other Intangible Assets	241.51	207.3	209.51	149.25	147.27
Long-Term Deferred Tax Assets	231.99	201.73	177.56	159.25	183.78
Long-Term Deferred Charges	59.21	47.33	38.82	52.4	50.67
Other Long-Term Assets	49.68	50.11	61.61	55.14	51.93
Total Assets	12,705	11,046	9,505	8,452	7,371
Accounts Payable	4,543	3,632	2,911	2,651	1,808
Accrued Expenses	416.84	438.95	411.97	245.33	277.59
Current Portion of Leases	-	3.69	8.08	5.91	5.57
Current Income Taxes Payable	84.28	79.68	54.76	23.18	39.95
Current Unearned Revenue	1,993	1,683	1,389	1,093	1,069
Other Current Liabilities	751.8	611.41	474.54	360.59	268.65
Total Current Liabilities	7,788	6,448	5,249	4,378	3,468
Long-Term Leases	-	-	-	6.27	12.18
Long-Term Unearned Revenue	18.37	15.2	15.75	14.17	15.24
Long-Term Deferred Tax Liabilities	2.18	3.48	5.29	4.87	1.29
Total Liabilities	7,809	6,467	5,271	4,404	3,497
Common Stock	833.18	833.44	832.25	813.17	813.17
Additional Paid-In Capital	1,706	1,666	1,582	1,397	1,361
Retained Earnings	2,407	2,178	1,961	1,834	1,698
Treasury Stock	-50.78	-101.93	-144.81	-	-
Comprehensive Income & Other	-0.83	-0.04	-0.42	-0.1	-0.56
Total Common Equity	4,895	4,575	4,231	4,045	3,871
Minority Interest	1.32	3.93	3.68	2.99	2.51
Shareholders' Equity	4,896	4,579	4,234	4,048	3,874
Total Liabilities & Equity	12,705	11,046	9,505	8,452	7,371
Total Debt	-	3.69	8.08	12.18	17.75
Net Cash (Debt)	4,282	3,768	3,112	2,310	1,996
Net Cash Growth	13.63%	21.08%	34.71%	15.74%	-8.38%
Net Cash Per Share	5.17	4.58	3.72	2.85	2.47
Filing Date Shares Outstanding	833.18	853.5	900.92	813.17	813.17
Total Common Shares Outstanding	833.18	853.5	900.92	813.17	813.17
Working Capital	3,650	3,475	3,276	3,159	3,018
Book Value Per Share	5.87	5.36	4.70	4.97	4.76
Tangible Book Value	4,653	4,368	4,021	3,896	3,724
Tangible Book Value Per Share	5.59	5.12	4.46	4.79	4.58
Buildings	689.63	571.63	576.01	572.81	562.44
Machinery	678.44	560.88	494.37	452.22	415.08
Construction In Progress	24.44	138.81	24.1	28.05	7.97

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