SHA:601138 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	102,135	110,025	72,434	83,462	69,430	82,877
Trading Asset Securities	275.39	282.04	256.76	333.26	15.62	-
Cash & Short-Term Investments	102,411	110,307	72,690	83,796	69,445	82,877
Cash Growth	11.02%	51.75%	-13.25%	20.66%	-16.21%	6.18%
Accounts Receivable	128,010	136,935	111,671	88,474	97,690	87,034
Other Receivables	681.52	611.1	933.68	816.93	1,446	459.42
Receivables	128,692	137,546	112,605	89,291	99,135	87,493
Inventory	167,332	150,913	85,266	76,683	77,322	71,928
Other Current Assets	3,991	4,007	3,447	2,708	3,037	4,860
Total Current Assets	402,425	402,772	274,008	252,478	248,940	247,158
Property, Plant & Equipment	38,345	37,459	28,145	21,791	18,716	13,028
Long-Term Investments	5,949	6,007	7,064	7,929	12,604	3,307
Goodwill	328.38	328.38	310.15	310.15	310.15	-
Other Intangible Assets	1,130	1,209	1,279	1,004	440.31	407.01
Long-Term Deferred Tax Assets	2,375	1,783	691.83	777.93	954.63	1,030
Long-Term Deferred Charges	5,620	5,840	3,885	2,667	1,745	1,256
Other Long-Term Assets	1,015	824.74	2,140	747.58	478	422.83
Total Assets	457,188	456,224	317,524	287,705	284,188	266,609
Accounts Payable	153,680	137,955	93,835	75,028	69,279	71,987
Accrued Expenses	4,709	9,192	7,082	9,478	7,317	7,324
Short-Term Debt	82,402	104,595	39,644	41,768	51,020	52,504
Current Portion of Long-Term Debt	1,428	0.5	3,660	-	4,181	0.21
Current Portion of Leases	-	1,549	1,335	668.74	1,086	1,052
Current Income Taxes Payable	6,404	4,761	1,757	1,418	997.04	1,560
Current Unearned Revenue	2,863	3,113	349.62	190.32	176.68	112.44
Other Current Liabilities	19,528	19,234	11,216	9,493	15,119	6,789
Total Current Liabilities	271,016	280,399	158,879	138,045	149,176	141,329
Long-Term Debt	-	3.63	-	7,097	3,485	3,814
Long-Term Leases	4,372	4,403	3,935	1,010	1,069	1,187
Long-Term Unearned Revenue	162.18	173.49	245.12	280.12	356.68	303.7
Long-Term Deferred Tax Liabilities	109.16	196.24	144.51	204.61	270.15	50.19
Other Long-Term Liabilities	4,973	3,935	1,184	473.49	498.02	437.17
Total Liabilities	280,632	289,110	164,387	147,110	154,854	147,121
Common Stock	19,844	19,858	19,868	19,866	19,860	19,865
Additional Paid-In Capital	28,622	29,108	29,380	29,143	28,491	28,297
Retained Earnings	130,156	119,562	103,516	91,867	81,744	71,555
Treasury Stock	-1,164	-1,411	-1,780	-2,014	-2,208	-518.91
Comprehensive Income & Other	-1,240	-338.08	1,707	1,326	1,089	-17.55
Total Common Equity	176,218	166,778	152,691	140,187	128,975	119,181
Minority Interest	337.78	336.12	445.22	407.88	358.31	307.09
Shareholders' Equity	176,556	167,114	153,136	140,595	129,334	119,488
Total Liabilities & Equity	457,188	456,224	317,524	287,705	284,188	266,609
Total Debt	88,203	110,551	48,574	50,544	60,841	58,557
Net Cash (Debt)	14,208	-244.07	24,116	33,251	8,605	24,320
Net Cash Growth	-43.24%	-	-27.47%	286.42%	-64.62%	-27.53%
Net Cash Per Share	0.72	-0.01	1.22	1.68	0.44	1.23
Filing Date Shares Outstanding	19,990	19,847	19,868	19,866	19,860	19,865
Total Common Shares Outstanding	19,990	19,858	19,868	19,866	19,860	19,865
Working Capital	131,410	122,373	115,130	114,434	99,764	105,830
Book Value Per Share	8.82	8.40	7.69	7.06	6.49	6.00
Tangible Book Value	174,759	165,240	151,103	138,873	128,225	118,774
Tangible Book Value Per Share	8.74	8.32	7.61	6.99	6.46	5.98
Land	-	1,407	219.2	63.21	37.18	33.03
Buildings	-	8,729	6,725	4,665	4,432	3,670
Machinery	-	49,774	44,995	42,106	37,816	29,942
Construction In Progress	-	7,825	3,173	2,508	701.41	1,415

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