SHA:601238 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	45,687	38,776	51,624	48,895	39,524	24,036
Short-Term Investments	-	14,900	11,213	4,329	3,627	234.89
Trading Asset Securities	2,632	2,008	2,559	2,791	4,220	3,226
Cash & Short-Term Investments	48,319	55,684	65,395	56,015	47,372	27,496
Cash Growth	19.58%	-14.85%	16.75%	18.25%	72.28%	-8.88%
Accounts Receivable	7,581	6,043	9,847	11,883	12,112	12,810
Other Receivables	3,923	1,912	2,780	1,848	5,433	5,174
Receivables	11,504	17,694	23,371	22,780	28,621	23,544
Inventory	20,417	16,446	15,688	16,720	12,362	8,111
Other Current Assets	27,810	9,287	7,571	5,596	3,248	2,041
Total Current Assets	108,049	99,110	112,026	101,111	91,603	61,192
Property, Plant & Equipment	28,892	28,798	30,157	26,437	22,035	20,678
Long-Term Investments	47,960	48,278	43,962	44,997	43,320	42,389
Goodwill	71.24	71.24	71.11	56.59	103.18	104.5
Other Intangible Assets	20,940	20,541	19,352	19,873	16,122	15,383
Long-Term Accounts Receivable	-	-	6,802	5,329	3,559	3,949
Long-Term Deferred Tax Assets	6,523	6,204	5,777	4,366	3,715	2,834
Long-Term Deferred Charges	3,476	3,745	5,995	4,035	4,296	3,878
Other Long-Term Assets	4,987	4,629	8,009	8,672	5,075	2,637
Total Assets	223,859	214,943	232,458	218,395	189,832	154,197
Accounts Payable	30,458	28,632	35,496	27,584	17,746	15,946
Accrued Expenses	1,852	10,626	12,206	11,303	8,556	8,100
Short-Term Debt	19,159	24,910	17,739	12,054	6,626	2,825
Current Portion of Long-Term Debt	4,136	3,696	6,733	5,835	6,938	6,746
Current Portion of Leases	-	391.49	456.4	449.69	276.84	661.3
Current Income Taxes Payable	1,006	83.95	415.48	203.86	185	202.04
Current Unearned Revenue	2,901	5,053	4,548	4,240	3,476	3,449
Other Current Liabilities	24,060	13,289	12,863	15,456	12,802	10,878
Total Current Liabilities	83,573	86,681	90,456	77,127	56,606	48,806
Long-Term Debt	22,182	9,381	11,968	10,346	5,352	6,437
Long-Term Leases	2,036	1,809	1,728	1,523	1,642	2,362
Long-Term Unearned Revenue	3,324	4,451	3,690	3,023	2,694	3,037
Pension & Post-Retirement Benefits	121.52	123.37	113.41	111.6	89.9	82.09
Long-Term Deferred Tax Liabilities	608.58	465.76	579.74	240.01	132.4	144.42
Other Long-Term Liabilities	3,826	2,350	2,146	1,625	1,037	733.24
Total Liabilities	115,670	105,260	110,682	93,995	67,554	61,602
Common Stock	10,197	10,197	10,342	10,490	10,487	10,371
Additional Paid-In Capital	40,720	40,720	41,159	41,394	41,241	24,003
Retained Earnings	53,688	54,309	63,259	63,783	61,764	56,085
Treasury Stock	-111	-111	-518.5	-127.97	-293.58	-509.49
Comprehensive Income & Other	-252.65	116.63	113.38	181.59	51.7	310.86
Total Common Equity	104,242	105,232	114,354	115,720	113,250	90,259
Minority Interest	3,947	4,452	7,423	8,680	9,027	2,335
Shareholders' Equity	108,189	109,684	121,777	124,400	122,277	92,595
Total Liabilities & Equity	223,859	214,943	232,458	218,395	189,832	154,197
Total Debt	47,513	40,186	38,624	30,208	20,835	19,031
Net Cash (Debt)	806.26	15,498	26,771	25,806	26,537	8,465
Net Cash Growth	-94.13%	-42.11%	3.74%	-2.75%	213.48%	-38.35%
Net Cash Per Share	0.08	1.50	2.60	2.45	2.53	0.82
Filing Date Shares Outstanding	10,939	10,536	5,160	10,487	10,487	10,464
Total Common Shares Outstanding	10,939	10,536	5,160	10,490	10,487	10,371
Working Capital	24,477	12,430	21,570	23,984	34,997	12,385
Book Value Per Share	9.53	9.99	22.16	11.03	10.80	8.70
Tangible Book Value	83,230	84,619	94,931	95,791	97,025	74,772
Tangible Book Value Per Share	7.61	8.03	18.40	9.13	9.25	7.21
Buildings	-	18,508	18,169	17,069	13,549	11,638
Machinery	-	26,687	24,648	20,197	18,911	16,996
Construction In Progress	-	1,420	2,766	2,621	1,234	1,730

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