SHA:601279 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	1,374	1,478	1,484	1,684	1,143	1,038
Trading Asset Securities	-	-	-	-	0.44	1.74
Cash & Short-Term Investments	1,374	1,478	1,484	1,684	1,144	1,039
Cash Growth	-7.51%	-0.43%	-11.86%	47.20%	10.06%	-9.68%
Accounts Receivable	826.87	1,065	1,141	1,410	1,371	1,203
Other Receivables	5.59	8.18	23.48	29.09	31.47	13.83
Receivables	832.47	1,073	1,164	1,440	1,403	1,217
Inventory	1,070	991.7	1,049	1,299	1,426	1,209
Other Current Assets	324.51	335.76	357.88	262.89	278	267.08
Total Current Assets	3,601	3,879	4,055	4,685	4,251	3,733
Property, Plant & Equipment	2,824	2,893	2,941	2,884	2,812	2,467
Long-Term Investments	139.51	144.64	190.32	191.42	201.93	322.77
Goodwill	38.32	38.32	53.41	54.51	54.51	33.14
Other Intangible Assets	285.09	291.26	310.6	330.69	324.57	305.51
Long-Term Deferred Tax Assets	129.66	127.42	102.72	93.89	95.24	51.32
Long-Term Deferred Charges	6.51	10.66	13.22	13.17	-	-
Other Long-Term Assets	128.53	164.57	176.59	175.29	191.29	222.09
Total Assets	7,152	7,549	7,843	8,428	7,930	7,135
Accounts Payable	1,438	1,587	1,621	1,958	2,152	1,830
Accrued Expenses	35.74	179.62	160.31	130.53	164.54	156.83
Short-Term Debt	118.96	162.61	83.06	417.71	259.5	258.3
Current Portion of Long-Term Debt	188.14	120.53	749.5	35.7	186.29	93.27
Current Portion of Leases	-	16.41	17.35	15.27	24.29	61.49
Current Income Taxes Payable	6.35	6.45	3.37	2.84	17.16	9.19
Current Unearned Revenue	35.15	18.01	27.08	40.27	31.97	15.7
Other Current Liabilities	17.36	8.41	9.61	99.8	131.48	66.84
Total Current Liabilities	1,839	2,099	2,671	2,700	2,967	2,492
Long-Term Debt	575.37	676.84	283.82	847.31	646.5	402.96
Long-Term Leases	51.03	56.88	69.18	63.52	79.98	53.86
Long-Term Unearned Revenue	90.81	87.7	52.14	49.78	44.19	45.27
Long-Term Deferred Tax Liabilities	10.73	13.57	17.38	29.89	32.26	26.68
Other Long-Term Liabilities	-	-	-	0.23	0.41	0.28
Total Liabilities	2,567	2,934	3,094	3,691	3,770	3,021
Common Stock	1,586	1,586	1,586	1,586	1,494	1,494
Additional Paid-In Capital	1,145	1,145	1,145	1,145	758.34	762.76
Retained Earnings	1,425	1,452	1,552	1,535	1,435	1,391
Comprehensive Income & Other	-8.28	-7.83	-7.16	-7.01	-6.67	-4.88
Total Common Equity	4,147	4,175	4,276	4,259	3,680	3,643
Minority Interest	438.22	440.07	473.83	478.03	479.16	470.66
Shareholders' Equity	4,585	4,615	4,750	4,737	4,160	4,114
Total Liabilities & Equity	7,152	7,549	7,843	8,428	7,930	7,135
Total Debt	933.49	1,033	1,203	1,380	1,197	869.87
Net Cash (Debt)	440.76	444.42	281.16	304.29	-52.69	169.47
Net Cash Growth	147.24%	58.07%	-7.60%	-	-	-21.71%
Net Cash Per Share	0.28	0.28	0.18	0.21	-0.04	0.12
Filing Date Shares Outstanding	1,582	1,586	1,586	1,586	1,494	1,494
Total Common Shares Outstanding	1,582	1,586	1,586	1,586	1,494	1,494
Working Capital	1,762	1,780	1,384	1,984	1,284	1,241
Book Value Per Share	2.62	2.63	2.70	2.69	2.46	2.44
Tangible Book Value	3,824	3,845	3,912	3,874	3,301	3,305
Tangible Book Value Per Share	2.42	2.42	2.47	2.44	2.21	2.21
Buildings	-	1,288	1,274	1,051	1,029	970.28
Machinery	-	4,371	4,027	3,670	3,240	2,698
Construction In Progress	-	100.63	146.66	299.89	272.53	318.74

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