SHA:601698 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	5,443	6,492	7,241	6,335	4,881
Short-Term Investments	-	1,500	-	1,000	1,140
Trading Asset Securities	-	-	-	-	1.62
Cash & Short-Term Investments	5,443	7,992	7,241	7,335	6,023
Cash Growth	-31.90%	10.38%	-1.29%	21.79%	8.74%
Accounts Receivable	706.05	461.32	399.43	476.33	418.23
Other Receivables	19.73	16.95	18.27	8.66	8.92
Receivables	725.78	478.27	417.7	484.99	427.15
Inventory	36.63	17.84	14.73	16.47	8.29
Prepaid Expenses	-	0.57	10.33	17.88	16.17
Other Current Assets	2,867	299.58	310.7	228.69	122.52
Total Current Assets	9,072	8,789	7,994	8,083	6,597
Property, Plant & Equipment	11,010	11,082	11,422	10,967	9,589
Long-Term Investments	503.35	542.29	758.05	811.97	847.06
Other Intangible Assets	1,489	1,460	1,490	1,541	1,309
Long-Term Deferred Tax Assets	41.73	96.78	513.64	575.47	46.92
Long-Term Deferred Charges	20.55	82.59	72.94	40.26	266.33
Other Long-Term Assets	269.25	360.21	405.34	418.24	453.86
Total Assets	22,406	22,413	22,656	22,437	19,108
Accounts Payable	322.09	251.55	611.91	360.01	270.05
Accrued Expenses	65.67	80.95	100.81	126.53	119.64
Short-Term Debt	-	-	10	15	-
Current Portion of Long-Term Debt	23.94	-	-	-	-
Current Portion of Leases	-	31.81	34.17	30.79	36.25
Current Income Taxes Payable	55.79	44.44	58.5	16.07	32.86
Current Unearned Revenue	853.18	1,003	963.59	1,187	1,592
Other Current Liabilities	91.14	92.71	86.94	105.94	112.75
Total Current Liabilities	1,412	1,504	1,866	1,842	2,163
Long-Term Leases	76.59	99.96	130.79	147.08	144.17
Long-Term Unearned Revenue	251.03	283.86	318.7	349.13	438.6
Long-Term Deferred Tax Liabilities	406.67	462.32	859.83	889.58	587.04
Other Long-Term Liabilities	10.82	8.66	8.66	-	-
Total Liabilities	2,157	2,359	3,184	3,227	3,333
Common Stock	4,224	4,224	4,224	4,224	4,000
Additional Paid-In Capital	7,790	7,790	7,790	7,790	5,875
Retained Earnings	3,805	3,501	3,099	2,935	2,127
Comprehensive Income & Other	167.93	211.77	184.56	160.88	3.91
Total Common Equity	15,988	15,727	15,298	15,110	12,006
Minority Interest	4,261	4,327	4,173	4,100	3,769
Shareholders' Equity	20,249	20,054	19,472	19,210	15,775
Total Liabilities & Equity	22,406	22,413	22,656	22,437	19,108
Total Debt	100.52	131.76	174.96	192.87	180.42
Net Cash (Debt)	5,342	7,861	7,066	7,142	5,842
Net Cash Growth	-32.04%	11.25%	-1.07%	22.25%	5.49%
Net Cash Per Share	1.26	1.86	1.67	1.77	1.46
Filing Date Shares Outstanding	4,225	4,224	4,224	4,224	4,000
Total Common Shares Outstanding	4,225	4,224	4,224	4,224	4,000
Working Capital	7,661	7,285	6,128	6,241	4,433
Book Value Per Share	3.78	3.72	3.62	3.58	3.00
Tangible Book Value	14,499	14,267	13,809	13,569	10,697
Tangible Book Value Per Share	3.43	3.38	3.27	3.21	2.67
Buildings	-	781.12	737.75	731.36	561.69
Machinery	-	21,850	20,600	18,119	17,700
Construction In Progress	-	1,321	1,519	2,404	1,492

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