SHA:601882 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	814.73	718.3	769.86	473.33	519.63	1,004
Short-Term Investments	-	25.21	10.57	300	100	50
Trading Asset Securities	182.48	537.53	231.23	445.31	460.06	180
Cash & Short-Term Investments	997.21	1,281	1,012	1,219	1,080	1,234
Cash Growth	2.91%	26.63%	-16.98%	12.87%	-12.47%	28.98%
Accounts Receivable	1,373	1,180	1,069	893.23	917.29	778.18
Other Receivables	12.17	54.18	17.33	38.7	59.2	46.76
Receivables	1,385	1,234	1,087	931.93	976.5	824.93
Inventory	1,599	1,511	1,461	1,570	1,575	1,278
Prepaid Expenses	-	6.02	2.49	0.99	1.33	2.61
Other Current Assets	117.98	25.07	49.26	6.27	4.49	5.85
Total Current Assets	4,099	4,057	3,611	3,728	3,637	3,345
Property, Plant & Equipment	950.43	945.8	769.12	595.45	599.53	508.12
Long-Term Investments	41.05	40.9	50.68	0.24	-	100
Other Intangible Assets	227.83	229.06	233.78	230.77	235.81	70.23
Long-Term Deferred Tax Assets	78.61	79.31	64.74	54.19	49.89	44.71
Long-Term Deferred Charges	0.09	0.19	0.57	0.1	0.39	0.23
Other Long-Term Assets	3.95	4.76	6.33	7.65	0.48	16.24
Total Assets	5,401	5,358	4,736	4,617	4,523	4,084
Accounts Payable	1,039	1,022	782.01	869.33	935.53	1,134
Accrued Expenses	86.75	262.93	249.19	232.12	200.49	180.15
Short-Term Debt	4.4	54.42	-	-	-	-
Current Portion of Leases	-	1.28	0.69	6.45	6.17	2.82
Current Income Taxes Payable	44.39	25.2	26.78	24.38	5.21	21.87
Current Unearned Revenue	822	818.7	754.08	887.11	1,054	856.38
Other Current Liabilities	248.74	127.53	110.49	134.54	176.62	124.85
Total Current Liabilities	2,246	2,312	1,923	2,154	2,378	2,320
Long-Term Leases	2.73	2.71	-	2.63	9.08	6.03
Long-Term Unearned Revenue	44.51	46.89	61.27	100.3	102.98	72.11
Other Long-Term Liabilities	45.27	44.46	47.16	47.42	47.04	40.59
Total Liabilities	2,339	2,406	2,032	2,304	2,537	2,439
Common Stock	522	522	522	522	522	522
Additional Paid-In Capital	290.41	290.41	290.41	290.41	290.41	290.41
Retained Earnings	2,227	2,116	1,875	1,492	1,165	830.06
Comprehensive Income & Other	20.75	19.88	15.66	7.44	8.15	3.05
Total Common Equity	3,060	2,948	2,703	2,312	1,985	1,646
Minority Interest	2.36	3.68	2.1	-	-	-
Shareholders' Equity	3,062	2,952	2,705	2,312	1,985	1,646
Total Liabilities & Equity	5,401	5,358	4,736	4,617	4,523	4,084
Total Debt	8.43	58.41	0.69	9.08	15.25	8.85
Net Cash (Debt)	988.77	1,223	1,011	1,210	1,064	1,225
Net Cash Growth	2.67%	20.94%	-16.42%	13.63%	-13.09%	28.05%
Net Cash Per Share	1.89	2.34	1.93	2.32	2.04	2.34
Filing Date Shares Outstanding	522.05	522	522	522	522	522
Total Common Shares Outstanding	522.05	522	522	522	522	522
Working Capital	1,853	1,746	1,688	1,574	1,258	1,025
Book Value Per Share	5.86	5.65	5.18	4.43	3.80	3.15
Tangible Book Value	2,832	2,719	2,469	2,082	1,750	1,575
Tangible Book Value Per Share	5.43	5.21	4.73	3.99	3.35	3.02
Buildings	-	960.75	750.25	554.66	554.66	554.66
Machinery	-	938.43	917.88	908.4	876.81	801.77
Construction In Progress	-	141.61	147.18	111.63	75.12	1.6

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