SHA:601888 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	35,287	33,781	34,817	31,838	26,892	16,856
Short-Term Investments	-	2,991	700.79	1,551	-	-
Cash & Short-Term Investments	35,287	36,772	35,518	33,390	26,892	16,856
Cash Growth	-11.08%	3.53%	6.38%	24.16%	59.54%	14.56%
Accounts Receivable	165.99	72.76	66.6	138.84	151.3	105.99
Other Receivables	2,939	2,988	1,984	3,281	1,587	1,497
Receivables	3,105	3,060	2,051	3,420	1,739	1,603
Inventory	15,891	15,302	17,348	21,057	27,926	19,725
Other Current Assets	6,088	1,091	1,043	589.39	648.51	357.65
Total Current Assets	60,372	56,226	55,960	58,456	57,205	38,542
Property, Plant & Equipment	13,919	9,467	9,085	9,453	9,373	9,015
Long-Term Investments	3,522	3,556	3,670	2,200	1,970	991.69
Goodwill	1,684	484.8	822.66	822.46	822.46	822.46
Other Intangible Assets	2,694	1,984	1,940	2,128	2,458	2,401
Long-Term Deferred Tax Assets	687	669.23	1,204	1,236	1,018	1,122
Long-Term Deferred Charges	933.8	916.22	1,098	1,078	1,104	812.48
Other Long-Term Assets	1,788	1,680	2,480	3,497	1,957	1,767
Total Assets	85,600	74,983	76,260	78,869	75,908	55,474
Accounts Payable	5,943	3,985	4,717	6,403	7,679	5,880
Accrued Expenses	648.86	2,732	2,970	2,586	2,676	3,460
Short-Term Debt	221.45	226.68	232.63	369.43	1,932	411.34
Current Portion of Long-Term Debt	2,096	281.08	159.4	146.22	1.03	-
Current Portion of Leases	-	510.73	634.32	592.57	674.33	1,545
Current Income Taxes Payable	2,148	262.33	238.51	543.84	477.81	1,607
Current Unearned Revenue	1,150	1,028	1,127	1,216	1,506	1,372
Other Current Liabilities	2,166	621.43	890.82	3,471	2,535	2,861
Total Current Liabilities	14,375	9,647	10,969	15,329	17,480	17,136
Long-Term Debt	2,877	2,849	2,567	2,522	2,509	-
Long-Term Leases	4,232	1,162	1,566	1,751	1,738	3,487
Long-Term Unearned Revenue	157.65	165.05	171.28	42.96	3.62	3.43
Pension & Post-Retirement Benefits	1.09	1.09	1.09	1.09	1.09	0.91
Long-Term Deferred Tax Liabilities	122.16	33.63	37.39	42.03	48.51	55.24
Other Long-Term Liabilities	101.2	-	-	-	-	0.1
Total Liabilities	21,866	13,857	15,312	19,688	21,780	20,682
Common Stock	2,078	2,069	2,069	2,069	2,069	1,952
Additional Paid-In Capital	18,025	17,427	17,442	17,447	17,486	1,870
Retained Earnings	37,657	35,308	34,412	33,558	28,499	26,398
Comprehensive Income & Other	195.98	665.12	1,174	759.81	518.66	-601.79
Total Common Equity	57,956	55,469	55,097	53,834	48,573	29,619
Minority Interest	5,779	5,656	5,852	5,348	5,554	5,173
Shareholders' Equity	63,735	61,126	60,948	59,182	54,127	34,791
Total Liabilities & Equity	85,600	74,983	76,260	78,869	75,908	55,474
Total Debt	9,427	5,029	5,160	5,381	6,854	5,443
Net Cash (Debt)	25,860	31,743	30,359	28,008	20,037	11,413
Net Cash Growth	-21.66%	4.56%	8.39%	39.78%	75.57%	-20.17%
Net Cash Per Share	12.50	15.34	14.67	13.54	10.07	5.85
Filing Date Shares Outstanding	2,078	2,078	2,069	2,069	2,069	1,952
Total Common Shares Outstanding	2,078	2,069	2,069	2,069	2,069	1,952
Working Capital	45,997	46,579	44,991	43,127	39,725	21,406
Book Value Per Share	27.89	26.81	26.63	26.02	23.48	15.17
Tangible Book Value	53,577	53,000	52,334	50,884	45,293	26,395
Tangible Book Value Per Share	25.79	25.62	25.30	24.60	21.89	13.52
Buildings	-	7,921	7,358	7,341	6,255	2,512
Machinery	-	444.66	488.34	437.62	425.32	388.37
Construction In Progress	-	1,759	972.14	1,067	1,852	2,890

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