SHA:601388 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	536.95	623.02	659.28	642.14	810.37	801.78
Short-Term Investments	-	228.06	162.49	169.42	153.97	-
Trading Asset Securities	45.22	119.02	288.2	499.29	425.89	381.25
Cash & Short-Term Investments	582.17	970.1	1,110	1,311	1,390	1,183
Cash Growth	-33.55%	-12.60%	-15.32%	-5.71%	17.52%	-1.20%
Accounts Receivable	740.25	585.04	669.73	588.16	597.06	949.66
Other Receivables	8.07	6.09	7.25	5.72	5.8	7.14
Receivables	748.32	591.13	676.99	593.88	602.86	956.8
Inventory	2,026	1,999	1,633	1,198	1,487	1,952
Other Current Assets	267.6	85.33	76.36	47.9	59.08	48.52
Total Current Assets	3,624	3,645	3,496	3,150	3,539	4,140
Property, Plant & Equipment	2,234	2,276	2,223	2,123	1,624	1,141
Long-Term Investments	40.72	39.48	33.57	41.78	61.97	89.6
Goodwill	15.89	15.89	15.89	15.89	15.89	15.89
Other Intangible Assets	289.23	293.79	287.43	281.51	294.79	293.76
Long-Term Deferred Tax Assets	4.26	6.08	11.11	8.14	11.58	12.47
Long-Term Deferred Charges	6.07	6.63	5.37	5.61	8.99	10.56
Other Long-Term Assets	39.87	41.57	48.49	55.79	81.7	46.54
Total Assets	6,254	6,325	6,122	5,682	5,638	5,749
Accounts Payable	243.36	240.37	273.28	347.49	287.33	286.22
Accrued Expenses	61.23	64.88	51.62	63.24	91.24	166.58
Short-Term Debt	520.4	611.85	705.5	364.72	533.96	1,089
Current Portion of Long-Term Debt	-	79.97	53.71	7.98	29.09	27.53
Current Portion of Leases	-	9.64	9.71	11.3	6.56	5.83
Current Income Taxes Payable	-	2.94	1.68	0.25	16.74	66.86
Current Unearned Revenue	40.74	22.96	25.71	21.69	69.88	65.48
Other Current Liabilities	180.52	66.06	41.05	40.12	51.11	52.19
Total Current Liabilities	1,046	1,099	1,162	856.78	1,086	1,759
Long-Term Debt	382.54	406.43	469.25	419.58	230.43	28.85
Long-Term Leases	24.04	22.22	21.57	27.13	19.07	8.39
Long-Term Deferred Tax Liabilities	55.74	46.92	36.79	73.45	48.65	56.76
Other Long-Term Liabilities	56.01	59.04	49.66	12.64	25.99	31.59
Total Liabilities	1,565	1,633	1,740	1,390	1,410	1,885
Common Stock	2,201	2,201	2,201	2,201	2,201	2,202
Additional Paid-In Capital	-	107.2	107.2	107.2	194.58	189.83
Retained Earnings	2,290	2,230	2,060	2,081	2,025	1,820
Treasury Stock	-	-	-	-	-4.91	-10.48
Comprehensive Income & Other	198.72	153.12	13.73	-96.62	-188.27	-336.34
Total Common Equity	4,690	4,691	4,382	4,293	4,228	3,864
Minority Interest	0.05	0.05	0.05	0.01	-0.01	-0.01
Shareholders' Equity	4,690	4,691	4,382	4,293	4,228	3,864
Total Liabilities & Equity	6,254	6,325	6,122	5,682	5,638	5,749
Total Debt	926.98	1,130	1,260	830.71	819.11	1,159
Net Cash (Debt)	-344.82	-160.02	-149.77	480.15	571.13	23.67
Net Cash Growth	-	-	-	-15.93%	2312.74%	-
Net Cash Per Share	-0.16	-0.07	-0.07	0.22	0.26	0.01
Filing Date Shares Outstanding	2,205	2,201	2,201	2,201	2,172	2,196
Total Common Shares Outstanding	2,205	2,201	2,201	2,201	2,172	2,196
Working Capital	2,578	2,547	2,334	2,294	2,453	2,380
Book Value Per Share	2.13	2.13	1.99	1.95	1.95	1.76
Tangible Book Value	4,385	4,382	4,079	3,995	3,917	3,555
Tangible Book Value Per Share	1.99	1.99	1.85	1.82	1.80	1.62
Land	-	107.87	101.01	101.69	93.6	85.31
Buildings	-	1,695	1,586	869.94	871.82	837.04
Machinery	-	1,813	1,789	1,559	1,554	1,408
Construction In Progress	-	58.85	146.48	913.9	458.8	40.99

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