SHA:601872 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	5,271	4,721	4,589	4,953	11,229	10,669
Cash & Short-Term Investments	5,271	4,721	4,589	4,953	11,229	10,669
Cash Growth	6.62%	2.87%	-7.35%	-55.89%	5.25%	-0.40%
Accounts Receivable	4,250	3,295	2,392	2,668	3,048	2,164
Other Receivables	1,458	1,457	1,668	1,732	1,840	1,868
Receivables	5,707	4,752	4,060	4,400	4,888	4,032
Inventory	1,390	1,311	1,418	1,313	1,424	1,344
Other Current Assets	511.9	344.25	285.07	415.83	375.49	684.57
Total Current Assets	12,880	11,129	10,353	11,082	17,916	16,730
Property, Plant & Equipment	55,393	55,437	47,600	44,191	41,972	39,366
Long-Term Investments	8,854	8,677	6,535	5,223	4,462	3,079
Goodwill	41.81	42.65	43.62	42.97	42.26	38.63
Other Intangible Assets	1,641	1,670	1,135	1,130	474.85	435.41
Long-Term Accounts Receivable	1.47	1.47	-	0.88	2.4	1.36
Long-Term Deferred Tax Assets	35.49	37.7	28.32	42.96	15.29	13.71
Long-Term Deferred Charges	804.79	817.38	758.63	681.5	588.07	471
Other Long-Term Assets	5,613	4,244	4,165	0.01	0.01	0.02
Total Assets	85,264	82,055	70,619	62,395	65,474	60,136
Accounts Payable	2,196	1,836	1,860	2,789	2,354	2,597
Accrued Expenses	467.11	629.3	543.19	504.38	482.89	442.1
Short-Term Debt	9,873	10,404	8,805	4,990	2,024	3,518
Current Portion of Long-Term Debt	4,078	3,296	2,881	2,754	2,545	5,350
Current Portion of Leases	-	759.01	455.03	163.99	288.56	517.18
Current Income Taxes Payable	859.76	734.93	436.85	313.17	380.14	548.51
Current Unearned Revenue	433.18	356.27	299.54	338.01	436.12	721.35
Other Current Liabilities	4,868	5,577	2,206	675.5	458.34	805.8
Total Current Liabilities	22,775	23,593	17,487	12,527	8,968	14,500
Long-Term Debt	13,570	12,803	11,793	12,140	22,230	18,094
Long-Term Leases	1,065	1,127	225.6	211.86	377.83	520.93
Long-Term Unearned Revenue	17.67	18.04	24.89	23.32	6.56	5.57
Pension & Post-Retirement Benefits	1.32	1.2	0.55	0.31	0.31	0.31
Long-Term Deferred Tax Liabilities	464.45	48.25	49.67	52.47	52.12	48.3
Other Long-Term Liabilities	1,550	710.41	189.45	100.16	334.81	82.82
Total Liabilities	39,443	38,300	29,770	25,056	31,970	33,252
Common Stock	8,075	8,075	8,144	8,144	8,126	8,108
Additional Paid-In Capital	11,907	11,907	12,281	12,341	12,249	12,209
Retained Earnings	25,453	22,689	18,502	15,654	12,361	8,163
Treasury Stock	-	-	-132.48	-	-	-
Comprehensive Income & Other	-373.31	334.5	1,249	752.19	315.29	-2,077
Total Common Equity	45,061	43,006	40,044	36,891	33,051	26,403
Minority Interest	760.1	749.17	805.5	447.97	452.88	480.29
Shareholders' Equity	45,821	43,755	40,849	37,339	33,504	26,883
Total Liabilities & Equity	85,264	82,055	70,619	62,395	65,474	60,136
Total Debt	28,585	28,388	24,160	20,259	27,465	28,001
Net Cash (Debt)	-23,314	-23,667	-19,570	-15,306	-16,236	-17,331
Net Cash Per Share	-2.85	-2.91	-2.41	-1.90	-1.95	-2.31
Filing Date Shares Outstanding	8,075	8,075	8,144	8,144	8,126	8,108
Total Common Shares Outstanding	8,075	8,075	8,144	8,144	8,126	8,108
Working Capital	-9,895	-12,464	-7,134	-1,445	8,948	2,230
Book Value Per Share	5.58	5.33	4.92	4.53	4.07	3.26
Tangible Book Value	43,379	41,293	38,865	35,718	32,534	25,929
Tangible Book Value Per Share	5.37	5.11	4.77	4.39	4.00	3.20
Buildings	-	545.12	213.34	211.24	130.77	125.19
Machinery	-	63,796	61,397	58,914	56,640	51,125
Construction In Progress	-	11,409	6,557	3,429	1,073	778.14

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