SHA:601231 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	10,444	13,241	12,487	11,219	7,695	6,034
Trading Asset Securities	3,084	9.8	42.29	245.56	271.24	96.48
Cash & Short-Term Investments	13,529	13,251	12,530	11,464	7,966	6,131
Cash Growth	1.22%	5.75%	9.29%	43.91%	29.94%	-5.90%
Accounts Receivable	8,955	10,140	10,335	10,091	11,165	12,539
Other Receivables	201.59	189.39	324.12	375.51	211.14	198.87
Receivables	9,156	10,329	10,659	10,467	11,376	12,738
Inventory	8,669	7,977	7,750	8,324	10,910	9,038
Other Current Assets	664.58	586.17	657.56	794.08	598.84	588.25
Total Current Assets	32,018	32,143	31,597	31,049	30,851	28,495
Property, Plant & Equipment	5,818	5,831	5,952	5,959	5,240	4,803
Long-Term Investments	749.05	728.4	740.36	731.2	819.55	855.49
Goodwill	826.96	638.28	585.22	611.17	576.73	559.02
Other Intangible Assets	296.62	313.25	311.39	368.3	415.1	453.46
Long-Term Accounts Receivable	-	-	-	0.13	0.19	0.92
Long-Term Deferred Tax Assets	477.43	450.99	434.07	387.27	358.96	315.3
Long-Term Deferred Charges	148.8	158.26	175.64	-	175.84	227.58
Other Long-Term Assets	235.24	209.26	189.03	285.23	124.61	136.82
Total Assets	40,585	40,486	39,998	39,404	38,574	35,857
Accounts Payable	10,446	10,363	10,459	10,077	10,298	11,535
Accrued Expenses	929.65	1,599	1,448	1,523	1,794	1,535
Short-Term Debt	3,370	2,970	3,677	4,378	4,499	2,481
Current Portion of Long-Term Debt	300.51	210.73	52.29	3,397	364.86	589.5
Current Portion of Leases	-	133.51	141.4	166.95	141.96	131.01
Current Income Taxes Payable	275.65	136.13	164.69	155.39	239.18	162.8
Current Unearned Revenue	470.46	466.58	542.46	348.38	411.9	311.99
Other Current Liabilities	806.62	919.84	1,099	1,215	998.76	820.22
Total Current Liabilities	16,599	16,799	17,584	21,261	18,748	17,566
Long-Term Debt	116.95	2,233	3,498	47.39	3,303	4,217
Long-Term Leases	305.51	328.03	377.31	486.78	381.73	475.13
Long-Term Unearned Revenue	70.38	76.14	72.46	59.89	63.2	59.79
Pension & Post-Retirement Benefits	-	173.2	222.11	266.51	195.63	296.46
Long-Term Deferred Tax Liabilities	63.4	66.49	82.88	106	87.63	98.18
Other Long-Term Liabilities	246.05	88.81	102.61	83.78	45.87	62.14
Total Liabilities	17,401	19,765	21,939	22,311	22,825	22,774
Common Stock	2,389	2,279	2,191	2,210	2,207	2,210
Additional Paid-In Capital	6,064	3,701	1,909	2,134	2,235	2,242
Retained Earnings	14,973	14,555	13,209	12,147	11,138	8,644
Treasury Stock	-250.08	-233.57	-100.05	-321.73	-351.39	-341.24
Comprehensive Income & Other	-53.03	419.12	726.56	824.71	521.75	326.3
Total Common Equity	23,123	20,721	17,935	16,993	15,749	13,082
Minority Interest	60	0.5	124.01	100.3	0.44	0.4
Shareholders' Equity	23,183	20,722	18,059	17,093	15,750	13,082
Total Liabilities & Equity	40,585	40,486	39,998	39,404	38,574	35,857
Total Debt	4,093	5,876	7,746	8,477	8,691	7,893
Net Cash (Debt)	9,436	7,375	4,784	2,988	-724.26	-1,762
Net Cash Growth	76.08%	54.16%	60.13%	-	-	-
Net Cash Per Share	4.24	3.34	2.17	1.33	-0.32	-0.79
Filing Date Shares Outstanding	2,375	2,266	2,184	2,187	2,181	2,185
Total Common Shares Outstanding	2,375	2,266	2,184	2,187	2,181	2,185
Working Capital	15,419	15,344	14,012	9,788	12,103	10,929
Book Value Per Share	9.73	9.14	8.21	7.77	7.22	5.99
Tangible Book Value	22,000	19,770	17,038	16,014	14,758	12,069
Tangible Book Value Per Share	9.26	8.72	7.80	7.32	6.76	5.52
Land	-	332.02	242.9	251.46	241.53	201.48
Buildings	-	2,443	2,446	1,756	1,650	1,265
Machinery	-	9,022	8,572	8,054	7,264	6,356
Construction In Progress	-	185.15	364.67	641.03	303.43	798.02

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