SHA:601899 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	65,577	31,691	18,449	20,244	14,222
Short-Term Investments	5,305	3,356	1,138	1,457	-
Trading Asset Securities	9,985	5,998	4,954	5,094	2,935
Cash & Short-Term Investments	80,867	41,045	24,540	26,794	17,157
Cash Growth	97.02%	67.26%	-8.41%	56.17%	23.56%
Accounts Receivable	12,592	9,491	12,274	12,865	4,403
Other Receivables	5,524	6,934	5,826	5,322	3,055
Receivables	18,117	16,425	18,099	18,188	7,459
Inventory	39,613	33,313	29,290	28,104	19,309
Prepaid Expenses	345.57	562.28	-	-	-
Other Current Assets	9,262	7,593	5,699	6,559	3,140
Total Current Assets	148,204	98,939	77,629	79,644	47,064
Property, Plant & Equipment	164,980	136,101	120,268	97,565	77,027
Long-Term Investments	70,864	59,355	45,731	35,834	19,425
Goodwill	677.42	687	692.16	717.72	314.15
Other Intangible Assets	88,167	68,588	67,892	70,342	47,531
Long-Term Accounts Receivable	519.95	515.68	328.14	283.16	-
Long-Term Deferred Tax Assets	3,835	2,142	2,079	1,647	1,326
Long-Term Deferred Charges	4,671	3,682	2,534	2,060	1,725
Other Long-Term Assets	30,088	26,601	25,853	17,949	14,183
Total Assets	512,005	396,611	343,006	306,044	208,595
Accounts Payable	27,517	20,828	16,284	13,493	7,837
Accrued Expenses	9,629	6,406	5,114	4,143	3,416
Short-Term Debt	24,113	23,778	16,607	25,666	18,734
Current Portion of Long-Term Debt	24,919	17,322	17,645	7,234	9,004
Current Portion of Leases	8,305	7,022	4,557	88.98	54.54
Current Income Taxes Payable	6,867	3,019	1,631	1,902	2,914
Current Unearned Revenue	6,860	6,766	6,182	7,421	679.53
Other Current Liabilities	21,270	14,645	16,162	11,221	7,664
Total Current Liabilities	129,480	99,784	84,182	71,170	50,302
Long-Term Debt	105,867	100,153	102,818	92,690	50,374
Long-Term Leases	279.95	200.25	81.01	222.59	184.2
Long-Term Unearned Revenue	1,437	1,588	1,467	1,569	1,163
Pension & Post-Retirement Benefits	80.47	66.57	63.43	72.19	79.06
Long-Term Deferred Tax Liabilities	14,060	7,974	7,471	7,482	6,342
Other Long-Term Liabilities	12,778	9,114	8,561	8,383	7,252
Total Liabilities	263,983	218,880	204,643	181,589	115,698
Common Stock	2,659	2,658	2,633	2,633	2,633
Additional Paid-In Capital	38,356	28,713	25,866	25,552	25,206
Retained Earnings	132,922	94,445	70,637	56,125	41,349
Treasury Stock	-985.83	-470.23	-778.09	-488.54	-475.71
Comprehensive Income & Other	12,591	14,440	9,148	5,122	2,323
Total Common Equity	185,542	139,786	107,506	88,943	71,034
Minority Interest	62,481	37,945	30,857	35,513	21,863
Shareholders' Equity	248,023	177,731	138,363	124,455	92,897
Total Liabilities & Equity	512,005	396,611	343,006	306,044	208,595
Total Debt	163,484	148,474	141,708	125,902	78,352
Net Cash (Debt)	-82,618	-107,429	-117,167	-99,108	-61,195
Net Cash Per Share	-3.01	-4.00	-4.46	-3.77	-2.37
Filing Date Shares Outstanding	26,600	26,415	26,186	26,184	26,183
Total Common Shares Outstanding	26,600	26,415	26,186	26,184	26,183
Working Capital	18,723	-845.28	-6,554	8,475	-3,238
Book Value Per Share	6.98	5.29	4.11	3.40	2.71
Tangible Book Value	96,697	70,510	38,922	17,883	23,189
Tangible Book Value Per Share	3.64	2.67	1.49	0.68	0.89
Buildings	35,774	28,299	23,803	21,021	14,910
Machinery	64,212	49,744	43,149	39,917	31,965
Construction In Progress	42,049	40,055	35,927	21,867	18,548

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