SHA:601611 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	16,228	17,335	13,208	20,201	19,057	14,944
Trading Asset Securities	1.49	1.51	1.39	1.09	1.18	30.19
Cash & Short-Term Investments	16,230	17,336	13,209	20,202	19,058	14,975
Cash Growth	-2.64%	31.25%	-34.62%	6.00%	27.27%	-1.29%
Accounts Receivable	127,847	125,181	116,324	99,993	82,357	67,497
Other Receivables	4,458	4,237	5,440	5,263	5,568	5,477
Receivables	132,305	129,419	121,764	105,256	87,925	72,974
Inventory	13,998	11,928	11,346	12,221	11,781	10,893
Other Current Assets	8,716	7,536	8,201	8,067	8,397	7,747
Total Current Assets	171,249	166,218	154,520	145,745	127,162	106,589
Property, Plant & Equipment	10,415	10,172	9,162	7,958	6,671	6,130
Long-Term Investments	4,528	4,503	4,434	4,425	4,505	4,857
Goodwill	5.43	5.43	5.43	5.43	9.67	5.35
Other Intangible Assets	26,703	27,597	29,857	32,025	35,151	32,440
Long-Term Accounts Receivable	-	-	21,386	19,193	18,629	16,556
Long-Term Deferred Tax Assets	2,881	2,879	2,420	2,104	1,923	1,470
Long-Term Deferred Charges	70.14	75.35	91.32	129.5	110.5	99.17
Other Long-Term Assets	26,778	26,528	4,010	3,750	3,339	3,597
Total Assets	242,630	237,979	225,886	215,336	197,499	171,743
Accounts Payable	56,058	62,910	64,315	57,453	51,633	45,537
Accrued Expenses	1,149	1,087	2,029	1,792	1,518	1,453
Short-Term Debt	26,768	21,842	21,460	20,714	18,877	12,901
Current Portion of Long-Term Debt	13,045	13,285	12,864	9,344	10,461	5,082
Current Portion of Leases	-	-	260.11	313.47	337.98	390.01
Current Income Taxes Payable	1,058	1,383	500.55	659.12	747.26	669.44
Current Unearned Revenue	17,813	18,141	15,153	18,905	21,256	20,908
Other Current Liabilities	32,601	30,392	27,028	24,042	18,538	17,485
Total Current Liabilities	148,492	149,041	143,609	133,222	123,368	104,426
Long-Term Debt	40,229	35,646	38,186	40,850	37,289	35,284
Long-Term Leases	366.42	362.97	252.88	250.01	302.74	595.01
Long-Term Unearned Revenue	128.6	130.5	106.6	113.85	122.55	129.5
Pension & Post-Retirement Benefits	-	-	130.1	132.27	141.5	152.35
Long-Term Deferred Tax Liabilities	2.48	2.48	0.42	-	200.55	71.31
Other Long-Term Liabilities	1,789	1,941	2,017	2,289	963.9	1,163
Total Liabilities	191,007	187,123	184,302	176,857	162,388	141,821
Common Stock	3,014	3,014	3,012	3,019	3,020	2,649
Additional Paid-In Capital	4,773	4,773	3,941	3,920	3,892	1,696
Retained Earnings	13,378	12,975	12,225	10,755	9,157	7,755
Treasury Stock	-	-	-	-32.13	-67.61	-103.19
Comprehensive Income & Other	12,453	12,426	11,312	11,023	9,118	8,400
Total Common Equity	33,619	33,189	30,490	28,685	25,119	20,396
Minority Interest	18,004	17,668	11,094	9,794	9,991	9,527
Shareholders' Equity	51,622	50,856	41,583	38,479	35,110	29,922
Total Liabilities & Equity	242,630	237,979	225,886	215,336	197,499	171,743
Total Debt	80,409	71,135	73,023	71,471	67,268	54,252
Net Cash (Debt)	-64,179	-53,799	-59,814	-51,269	-48,210	-39,277
Net Cash Per Share	-17.47	-14.68	-16.52	-14.17	-14.92	-12.30
Filing Date Shares Outstanding	3,099	5,685	3,014	3,019	3,020	2,649
Total Common Shares Outstanding	3,099	5,685	3,012	3,019	3,020	2,649
Working Capital	22,757	17,178	10,911	12,523	3,794	2,163
Book Value Per Share	10.85	5.84	10.12	9.50	8.32	7.70
Tangible Book Value	6,910	5,587	626.75	-3,346	-10,041	-12,050
Tangible Book Value Per Share	2.23	0.98	0.21	-1.11	-3.33	-4.55
Buildings	-	-	5,960	5,230	4,192	3,576
Machinery	-	-	4,017	3,661	3,510	2,914
Construction In Progress	-	-	1,255	914.37	640.58	746.49

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