SHA:601137 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	2,610	2,493	2,277	3,134	1,481	1,229
Trading Asset Securities	-	-	-	0.75	2.47	37.44
Cash & Short-Term Investments	2,610	2,493	2,277	3,135	1,484	1,266
Cash Growth	37.82%	9.49%	-27.38%	111.27%	17.17%	54.11%
Accounts Receivable	3,260	3,076	2,544	1,991	1,568	1,272
Other Receivables	123.43	136.7	94.86	74.66	80.17	68.38
Receivables	3,384	3,213	2,638	2,066	1,648	1,340
Inventory	6,532	6,137	5,267	4,781	4,782	3,329
Prepaid Expenses	-	3.4	3.71	7.69	6.21	2.7
Other Current Assets	1,012	1,348	434.28	527.2	745.43	380.21
Total Current Assets	13,538	13,194	10,620	10,516	8,666	6,319
Property, Plant & Equipment	6,547	6,302	5,990	4,993	5,296	4,975
Long-Term Investments	5.24	5.24	-	-	-	-
Goodwill	12.36	12.84	11.91	12.55	12.08	11.96
Other Intangible Assets	327.91	335.24	344.02	354.84	281.74	281.05
Long-Term Deferred Tax Assets	78.96	78.65	62.56	61.15	50.8	45.55
Long-Term Deferred Charges	194.48	201.13	221.93	190.05	100.6	89.14
Other Long-Term Assets	89.22	56.07	45.49	220.25	82.28	103.59
Total Assets	20,793	20,185	17,295	16,348	14,489	11,825
Accounts Payable	2,075	1,907	1,818	1,992	2,140	1,493
Accrued Expenses	211.15	383.92	332.6	299.05	237.66	169.37
Short-Term Debt	3,637	3,192	1,950	1,648	1,376	2,780
Current Portion of Long-Term Debt	-	1,460	926.71	1,349	434.37	187
Current Portion of Leases	-	13.75	5.99	11.08	10.48	9.79
Current Income Taxes Payable	-	80.61	160.84	108.87	28.08	7.54
Current Unearned Revenue	813.56	925.08	1,100	869.66	1,479	733.69
Other Current Liabilities	2,003	35.21	54.8	45.04	47.94	24.46
Total Current Liabilities	8,740	7,997	6,350	6,322	5,753	5,405
Long-Term Debt	2,124	2,754	2,165	2,512	2,398	704.36
Long-Term Leases	13.35	58.52	59.66	78.51	88.19	82.69
Long-Term Unearned Revenue	267.7	276.03	240.81	264.86	153.74	113.54
Long-Term Deferred Tax Liabilities	6.39	3.88	4.31	4.6	19.31	5.1
Other Long-Term Liabilities	199.84	230.49	56.2	58.43	60.49	95.5
Total Liabilities	11,409	11,320	8,876	9,240	8,473	6,406
Common Stock	918.49	871.62	810.84	781.87	790.04	790.04
Additional Paid-In Capital	4,709	4,026	3,158	2,726	2,651	2,633
Retained Earnings	4,136	4,228	4,509	3,507	2,549	2,106
Treasury Stock	-8.3	-8.3	-34.75	-43.54	-14.26	-14.26
Comprehensive Income & Other	-372.45	-251.69	-24.16	136.1	40.61	-96.21
Total Common Equity	9,383	8,865	8,420	7,108	6,017	5,419
Shareholders' Equity	9,383	8,865	8,420	7,108	6,017	5,419
Total Liabilities & Equity	20,793	20,185	17,295	16,348	14,489	11,825
Total Debt	5,775	7,478	5,108	5,598	4,307	3,764
Net Cash (Debt)	-3,165	-4,985	-2,831	-2,463	-2,823	-2,498
Net Cash Per Share	-3.69	-5.99	-3.28	-3.13	-3.57	-3.14
Filing Date Shares Outstanding	913.6	918.49	811.07	770.8	788.71	788.71
Total Common Shares Outstanding	913.6	871.62	809.51	770.8	788.71	788.71
Working Capital	4,798	5,197	4,270	4,194	2,912	913.73
Book Value Per Share	10.27	10.17	10.40	9.22	7.63	6.87
Tangible Book Value	9,043	8,517	8,064	6,740	5,723	5,126
Tangible Book Value Per Share	9.90	9.77	9.96	8.74	7.26	6.50
Land	-	46.44	37.81	28.65	27.06	26.32
Buildings	-	1,389	937.34	795.99	702.48	504.26
Machinery	-	5,769	5,190	5,015	4,477	3,761
Construction In Progress	-	1,549	1,893	845.98	1,751	2,016

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