SHA:601198 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	21,850	1,445	1,783	1,783	2,993	2,965
Short-Term Investments	496.5	17,372	13,765	9,792	12,449	17,009
Trading Asset Securities	31,584	20,540	21,873	13,940	17,345	22,865
Accounts Receivable	-	57.64	75.76	93.99	143.45	157.71
Other Receivables	76.16	839.8	1,069	1,100	1,535	1,814
Property, Plant & Equipment	270.15	299.25	412.9	429.86	569.21	540.8
Goodwill	-	-	-	20	20	20
Other Intangible Assets	42.37	49.35	54.2	52.79	60.67	49.96
Investments in Debt & Equity Securities	36,134	34,024	26,766	40,895	37,667	26,560
Other Current Assets	7,565	17,769	21,660	12,814	10,663	6,628
Long-Term Deferred Tax Assets	310.24	461.87	636.9	662.77	881.12	589.7
Other Long-Term Assets	22,027	20,805	16,872	17,566	17,326	19,694
Total Assets	120,356	114,198	105,229	99,280	101,753	98,965
Accounts Payable	1,176	1,176	799.98	566.35	328.63	310.87
Accrued Expenses	24,992	21,325	18,283	13,641	16,954	20,996
Short-Term Debt	40,437	35,835	38,994	34,391	28,848	19,276
Current Portion of Long-Term Debt	-	5,322	9,858	10,581	13,251	14,790
Other Current Liabilities	1,897	2,695	1,057	660.49	1,503	1,878
Long-Term Debt	14,811	12,563	4,822	8,065	12,043	12,495
Long-Term Leases	145.53	164.21	261.47	238.16	386.07	350.8
Long-Term Unearned Revenue	-	0.35	0.57	0.78	0.99	1.21
Long-Term Deferred Tax Liabilities	33.82	43.95	27.36	26.2	20.68	114.09
Other Long-Term Liabilities	2,607	1,640	2,622	3,957	2,133	2,005
Total Liabilities	86,517	80,910	76,830	72,171	75,665	72,272
Common Stock	3,232	3,232	3,232	3,232	3,232	3,232
Additional Paid-In Capital	13,751	13,751	13,762	13,762	13,762	13,762
Retained Earnings	12,739	12,470	11,019	10,062	9,423	9,751
Comprehensive Income & Other	4,070	3,788	337.92	12.48	-366.26	-86.43
Total Common Equity	33,792	33,240	28,352	27,068	26,051	26,659
Minority Interest	46.68	47.61	47.06	39.89	37.46	34.38
Shareholders' Equity	33,839	33,288	28,399	27,108	26,089	26,693
Total Liabilities & Equity	120,356	114,198	105,229	99,280	101,753	98,965
Total Debt	55,394	53,885	53,935	53,276	54,527	46,913
Net Cash (Debt)	-1,463	-14,527	-16,514	-27,761	-21,740	-4,074
Net Cash Per Share	-0.44	-4.47	-5.11	-8.60	-6.73	-1.43
Filing Date Shares Outstanding	3,396	3,232	3,232	3,232	3,232	3,232
Total Common Shares Outstanding	3,396	3,232	3,232	3,232	3,232	3,232
Working Capital	-7,348	-7,947	-8,659	-20,246	-15,872	-5,820
Book Value Per Share	9.95	9.36	8.77	8.37	8.06	8.25
Tangible Book Value	33,750	33,191	28,297	26,996	25,971	26,589
Tangible Book Value Per Share	9.94	9.34	8.75	8.35	8.03	8.23

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