SHA:601188 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	659.94	545.82	1,258	644.05	778.5	1,005
Short-Term Investments	-	1,366	750	800	1,001	635.62
Trading Asset Securities	8.78	10.23	15.97	23.01	40.05	43.48
Cash & Short-Term Investments	668.72	1,922	2,024	1,467	1,819	1,684
Cash Growth	7.61%	-5.04%	37.97%	-19.36%	8.00%	-0.39%
Accounts Receivable	130.93	40.59	107.75	26.02	10.74	9.84
Other Receivables	36.48	46.35	36.19	49.14	34.4	33.71
Receivables	167.41	86.94	143.94	75.16	45.14	43.55
Inventory	266.02	212.17	309.07	614.39	397.34	469.07
Prepaid Expenses	-	4.36	14.86	4.16	6.63	10.13
Other Current Assets	813.85	27.76	26.16	70.9	227.77	5.18
Total Current Assets	1,916	2,253	2,518	2,232	2,496	2,212
Property, Plant & Equipment	1,552	1,594	1,801	1,075	1,071	1,147
Long-Term Investments	1,704	1,674	1,662	1,600	1,546	1,609
Goodwill	13.59	13.59	13.59	13.59	13.59	-
Other Intangible Assets	399.87	400.13	396.32	389.74	388.79	1.91
Long-Term Deferred Tax Assets	26.02	25.66	15.23	18.68	6.83	6.7
Long-Term Deferred Charges	21.03	23.19	32.05	41.19	33.56	5.55
Other Long-Term Assets	162.29	164.99	68.15	62.78	82.85	65.32
Total Assets	5,795	6,149	6,506	5,433	5,639	5,047
Accounts Payable	49.26	45.03	223.83	60.39	227.48	1.33
Accrued Expenses	2.24	33.44	59.68	14.35	18.44	3.19
Short-Term Debt	-	-	-	186.6	349.87	192.46
Current Portion of Long-Term Debt	33.76	20	20	-	-	-
Current Portion of Leases	-	2.78	2.27	1.33	1.1	0.89
Current Income Taxes Payable	14.76	4.36	2.78	1.53	8.03	3.5
Current Unearned Revenue	-	4.88	33.3	34.96	47.18	50.17
Other Current Liabilities	247.58	260.89	239.77	42.02	39.2	86.27
Total Current Liabilities	347.6	371.38	581.64	341.18	691.31	337.81
Long-Term Debt	420	776	796	-	-	-
Long-Term Leases	4.42	7.7	5.14	5.43	3.36	4.3
Long-Term Unearned Revenue	5.22	5.27	1.64	1.69	1.74	1.8
Long-Term Deferred Tax Liabilities	28.68	28.42	26.89	30.43	26.65	6.22
Other Long-Term Liabilities	173.97	197.47	190.89	198.88	206.81	-
Total Liabilities	979.89	1,386	1,602	577.6	929.87	350.13
Common Stock	1,305	1,305	1,316	1,316	1,316	1,316
Additional Paid-In Capital	1,586	1,586	1,776	1,223	1,152	1,222
Retained Earnings	1,613	1,559	1,510	2,039	1,985	1,963
Treasury Stock	-	-	-34.12	-34.12	-34.12	-21.65
Comprehensive Income & Other	23	23.42	48.77	31.28	18.27	23.71
Total Common Equity	4,527	4,474	4,616	4,575	4,437	4,502
Minority Interest	287.99	288.17	287.1	280.4	272.02	194.83
Shareholders' Equity	4,815	4,762	4,904	4,855	4,709	4,697
Total Liabilities & Equity	5,795	6,149	6,506	5,433	5,639	5,047
Total Debt	458.17	806.48	823.42	193.36	354.33	197.64
Net Cash (Debt)	210.54	1,116	1,201	1,274	1,465	1,487
Net Cash Growth	-49.88%	-7.09%	-5.73%	-13.05%	-1.47%	2.33%
Net Cash Per Share	0.16	0.85	0.92	0.98	1.12	1.13
Filing Date Shares Outstanding	1,309	1,305	1,305	1,305	1,305	1,309
Total Common Shares Outstanding	1,309	1,305	1,305	1,305	1,305	1,309
Working Capital	1,568	1,882	1,937	1,890	1,805	1,874
Book Value Per Share	3.46	3.43	3.54	3.50	3.40	3.44
Tangible Book Value	4,114	4,060	4,207	4,171	4,035	4,500
Tangible Book Value Per Share	3.14	3.11	3.22	3.20	3.09	3.44
Buildings	-	815.54	814.82	196.62	196.62	195.9
Machinery	-	897.03	728.65	213.05	172.34	168.12
Construction In Progress	-	31.58	128.75	100.98	32.9	18.19

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