SHA:601225 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	-	29,701	27,232	47,938	54,195
Short-Term Investments	-	10.5	45.68	219.51	30
Trading Asset Securities	-	5,402	16,028	21,170	11,548
Cash & Short-Term Investments	37,848	35,113	43,305	69,327	65,773
Cash Growth	7.79%	-18.92%	-37.54%	5.40%	80.36%
Accounts Receivable	-	5,778	6,006	3,225	8,162
Other Receivables	-	731.85	1,985	264.26	695.9
Receivables	-	6,509	7,991	3,489	8,858
Inventory	-	4,144	3,001	2,678	3,617
Prepaid Expenses	-	164.14	72.3	15.92	73.53
Other Current Assets	-	6,247	6,957	7,048	7,150
Total Current Assets	-	52,178	61,326	82,559	85,471
Property, Plant & Equipment	-	110,882	110,669	83,360	75,399
Long-Term Investments	-	30,262	26,240	15,444	14,399
Other Intangible Assets	-	27,546	28,792	28,851	24,799
Long-Term Accounts Receivable	-	15.4	23.99	22.11	-
Long-Term Deferred Tax Assets	-	3,527	5,053	3,779	1,421
Long-Term Deferred Charges	-	943.93	1,017	592.75	410.23
Other Long-Term Assets	-	3,198	2,846	8,724	419.28
Total Assets	-	228,553	235,967	223,333	202,319
Accounts Payable	-	9,959	12,374	6,471	12,093
Accrued Expenses	-	6,653	6,854	5,881	10,545
Short-Term Debt	-	2,021	2,503	274.49	858.81
Current Portion of Long-Term Debt	-	2,282	2,942	2,354	1,699
Current Portion of Leases	-	116.11	136.82	157.54	71.69
Current Income Taxes Payable	-	2,018	3,285	5,343	5,219
Current Unearned Revenue	-	7,813	7,802	13,955	10,220
Other Current Liabilities	-	26,962	17,139	16,284	9,193
Total Current Liabilities	-	57,825	53,036	50,720	49,899
Long-Term Debt	-	13,875	16,986	4,163	8,705
Long-Term Leases	-	463.71	881.81	377.18	243.18
Long-Term Unearned Revenue	-	259.4	244.11	267.44	237.25
Long-Term Deferred Tax Liabilities	-	70.53	1,863	2,255	416.05
Other Long-Term Liabilities	-	27,413	23,880	21,113	16,594
Total Liabilities	-	99,906	96,892	78,896	76,095
Common Stock	-	9,695	9,695	9,695	9,695
Additional Paid-In Capital	-	1,223	12,066	7,298	14,417
Retained Earnings	-	71,865	71,326	85,516	67,665
Comprehensive Income & Other	-	7,804	6,691	6,379	5,151
Total Common Equity	94,430	90,586	99,778	108,889	96,928
Minority Interest	-	38,061	39,297	35,548	29,296
Shareholders' Equity	137,812	128,647	139,075	144,437	126,224
Total Liabilities & Equity	-	228,553	235,967	223,333	202,319
Total Debt	22,491	18,758	23,450	7,327	11,578
Net Cash (Debt)	15,356	16,356	19,855	62,001	54,195
Net Cash Growth	-6.11%	-17.62%	-67.98%	14.40%	134.30%
Net Cash Per Share	1.59	1.69	2.05	6.39	5.59
Filing Date Shares Outstanding	9,695	9,695	9,695	9,695	9,695
Total Common Shares Outstanding	9,695	9,695	9,695	9,695	9,695
Working Capital	-	-5,646	8,290	31,838	35,572
Book Value Per Share	9.74	9.34	10.29	11.23	10.00
Tangible Book Value	67,253	63,040	70,986	80,037	72,130
Tangible Book Value Per Share	6.94	6.50	7.32	8.26	7.44
Buildings	-	60,824	60,505	42,935	35,072
Machinery	-	97,600	99,804	62,511	55,201
Construction In Progress	-	13,555	7,721	4,550	6,616

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