SHA:601500 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	1,083	653.93	1,482	1,119	810.04	1,023
Trading Asset Securities	-	-	1.46	20	20	8
Cash & Short-Term Investments	1,083	653.93	1,483	1,139	830.04	1,031
Cash Growth	-29.79%	-55.90%	30.15%	37.28%	-19.46%	108.34%
Accounts Receivable	1,333	1,464	1,293	1,209	907.63	822.12
Other Receivables	68.97	79.52	205.09	104.43	83.41	228.87
Receivables	1,402	1,544	1,498	1,313	991.04	1,051
Inventory	1,882	2,280	2,596	1,699	1,773	1,698
Prepaid Expenses	-	-	-	-	5.32	-
Other Current Assets	153.13	94.46	49.81	64.6	28	47.17
Total Current Assets	4,520	4,572	5,627	4,216	3,628	3,827
Property, Plant & Equipment	8,907	9,227	8,271	5,777	4,434	4,016
Long-Term Investments	463.42	463.42	463.07	478.04	457.71	450.41
Other Intangible Assets	499.85	516.74	517.9	489.44	489.25	425.7
Long-Term Deferred Tax Assets	-	-	0.02	23.88	21	18.31
Long-Term Deferred Charges	213.82	235.49	240.04	176.5	137.12	165.4
Other Long-Term Assets	56.99	103.63	260.63	121.47	27.34	6.12
Total Assets	14,661	15,118	15,379	11,282	9,194	8,909
Accounts Payable	2,225	2,720	3,100	2,027	1,146	1,687
Accrued Expenses	62.96	64.43	76.87	54.61	33.82	37.02
Short-Term Debt	2,222	2,319	2,457	2,007	2,285	1,495
Current Portion of Long-Term Debt	-	436.84	512.57	213.61	487.03	76.38
Current Portion of Leases	-	-	0.58	0.21	0.27	0.58
Current Income Taxes Payable	-	7.73	0.54	0.35	0.7	-
Current Unearned Revenue	111.71	167.47	281.06	298.59	77.63	36.68
Other Current Liabilities	464.01	105.9	192.19	55.68	44.23	55.61
Total Current Liabilities	5,086	5,822	6,622	4,656	4,075	3,389
Long-Term Debt	3,251	2,826	2,635	1,013	740.84	1,166
Long-Term Leases	0.02	0.1	0.54	0.06	0.13	0.61
Long-Term Unearned Revenue	29.73	30.77	35.37	33.26	37.42	41.58
Long-Term Deferred Tax Liabilities	-	-	-	-	6.87	9.11
Other Long-Term Liabilities	102.59	156.55	120.02	26.33	23.65	21.79
Total Liabilities	8,469	8,836	9,413	5,729	4,884	4,628
Common Stock	1,589	1,589	1,589	1,589	1,289	1,075
Additional Paid-In Capital	2,718	2,718	2,718	2,707	1,992	2,207
Retained Earnings	1,875	1,749	1,545	1,270	1,101	1,170
Treasury Stock	-38.63	-38.63	-41.37	-25.77	-9.89	-12.84
Comprehensive Income & Other	-6.6	209.53	101.11	5.58	-68.4	-157.35
Total Common Equity	6,137	6,227	5,913	5,546	4,303	4,281
Minority Interest	55.34	55.41	53.85	7.41	7.3	-0.05
Shareholders' Equity	6,193	6,282	5,967	5,554	4,310	4,281
Total Liabilities & Equity	14,661	15,118	15,379	11,282	9,194	8,909
Total Debt	5,473	5,583	5,606	3,233	3,514	2,739
Net Cash (Debt)	-4,390	-4,929	-4,123	-2,094	-2,684	-1,709
Net Cash Per Share	-2.89	-3.18	-2.65	-1.35	-1.58	-1.22
Filing Date Shares Outstanding	1,582	1,477	1,589	1,589	1,289	1,290
Total Common Shares Outstanding	1,582	1,477	1,589	1,589	1,289	1,290
Working Capital	-565.41	-1,250	-994.74	-440.33	-447.27	438.5
Book Value Per Share	3.88	4.22	3.72	3.49	3.34	3.32
Tangible Book Value	5,638	5,710	5,395	5,057	3,814	3,856
Tangible Book Value Per Share	3.56	3.87	3.39	3.18	2.96	2.99
Buildings	-	-	2,643	2,037	1,593	1,423
Machinery	-	-	7,051	5,397	4,431	4,044
Construction In Progress	-	-	967.2	618.83	431.05	216.78

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