SHA:601336 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
Investments in Debt Securities	706,105	788,732	741,322	660,410	578,201	542,343
Investments in Equity & Preferred Securities	106,499	104,189	60,885	10,544	229,120	227,533
Policy Loans	-	-	-	-	-	40,806
Other Investments	285,999	307,963	287,894	261,249	236,394	172,652
Total Investments	1,760,172	1,792,014	1,585,083	1,321,825	1,132,733	1,062,761
Cash & Equivalents	36,164	42,898	38,432	21,808	17,586	15,476
Reinsurance Recoverable	10,774	11,065	10,812	9,802	10,590	3,981
Other Receivables	4,405	5,108	4,565	561	15,336	15,170
Separate Account Assets	-	-	-	-	-	236
Property, Plant & Equipment	17,458	17,318	18,837	18,899	18,736	19,171
Other Intangible Assets	3,032	3,128	4,054	4,063	4,002	3,792
Restricted Cash	1,772	1,795	1,836	1,784	1,715	-
Other Current Assets	-	4,599	8,445	186	1,005	1,627
Long-Term Deferred Tax Assets	19,088	20,996	19,678	10,709	7,890	196
Long-Term Deferred Charges	-	373	336	417	-	374
Other Long-Term Assets	788	190	219	13,203	5,343	4,937
Total Assets	1,853,653	1,899,484	1,692,297	1,403,257	1,214,936	1,127,721
Accounts Payable	-	-	-	-	416	-
Accrued Expenses	8,571	7,428	6,817	5,644	6,297	6,813
Insurance & Annuity Liabilities	1,560,914	1,532,730	1,366,151	1,146,497	1,014,502	859,935
Unpaid Claims	-	-	-	-	-	8,155
Unearned Premiums	253	336	336	274	-	6,680
Reinsurance Payable	-	-	-	-	-	504
Current Portion of Leases	-	283	314	361	430	-
Short-Term Debt	105,836	193,518	171,588	106,987	52,827	55,415
Current Income Taxes Payable	853	491	174	125	21	171
Long-Term Debt	20,313	20,173	30,384	20,262	10,000	10,000
Long-Term Leases	610	344	401	399	425	1,040
Long-Term Deferred Tax Liabilities	620	747	200	56	57	1,118
Separate Account Liability	-	-	-	-	-	224
Other Current Liabilities	7,866	14,351	16,164	3,592	-	-
Other Long-Term Liabilities	23,785	16,974	2,986	13,498	31,481	68,662
Total Liabilities	1,730,061	1,787,906	1,596,028	1,298,165	1,116,940	1,019,207
Common Stock	3,120	3,120	3,120	3,120	3,120	3,120
Additional Paid-In Capital	-	23,964	23,964	23,979	23,964	23,905
Retained Earnings	185,665	178,804	150,953	129,061	107,983	74,007
Comprehensive Income & Other	-65,228	-94,344	-81,797	-51,093	-37,092	7,465
Total Common Equity	123,557	111,544	96,240	105,067	97,975	108,497
Minority Interest	35	34	29	25	21	17
Shareholders' Equity	123,592	111,578	96,269	105,092	97,996	108,514
Total Liabilities & Equity	1,853,653	1,899,484	1,692,297	1,403,257	1,214,936	1,127,721
Filing Date Shares Outstanding	3,125	3,120	3,120	3,120	3,120	3,120
Total Common Shares Outstanding	3,125	3,120	3,120	3,120	3,120	3,120
Total Debt	126,759	214,318	202,687	128,009	63,682	66,455
Net Cash (Debt)	-90,595	-171,420	-164,255	-106,201	-46,096	-50,979
Net Cash Per Share	-29.01	-54.94	-52.65	-34.04	-14.77	-16.34
Book Value Per Share	39.53	35.76	30.85	33.68	31.41	34.78
Tangible Book Value	120,525	108,416	92,186	101,004	93,973	104,705
Tangible Book Value Per Share	38.56	34.75	29.55	32.38	30.12	33.56
Buildings	-	17,858	17,924	17,724	17,515	16,473
Machinery	-	2,417	2,264	2,150	1,650	1,561
Construction In Progress	-	1,350	2,339	2,039	1,877	2,649

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