SHA:601899 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	99,393	65,577	31,691	18,449	20,244	14,222
Short-Term Investments	-	5,305	3,356	1,138	1,457	-
Trading Asset Securities	12,818	9,985	5,998	4,954	5,094	2,935
Cash & Short-Term Investments	112,210	80,867	41,045	24,540	26,794	17,157
Cash Growth	142.29%	97.02%	67.26%	-8.41%	56.17%	23.56%
Accounts Receivable	11,975	12,592	9,491	12,274	12,865	4,403
Other Receivables	3,036	5,524	6,934	5,826	5,322	3,055
Receivables	15,011	18,117	16,425	18,099	18,188	7,459
Inventory	40,491	39,613	33,313	29,290	28,104	19,309
Prepaid Expenses	-	345.57	562.28	-	-	-
Other Current Assets	20,485	9,262	7,593	5,699	6,559	3,140
Total Current Assets	188,198	148,204	98,939	77,629	79,644	47,064
Property, Plant & Equipment	161,320	164,980	136,101	120,268	97,565	77,027
Long-Term Investments	69,825	70,864	59,355	45,731	35,834	19,425
Goodwill	677.42	677.42	687	692.16	717.72	314.15
Other Intangible Assets	87,539	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	4,248	3,835	2,142	2,079	1,647	1,326
Long-Term Deferred Charges	4,600	4,671	3,682	2,534	2,060	1,725
Other Long-Term Assets	33,513	30,088	26,601	25,853	17,949	14,183
Total Assets	549,920	512,005	396,611	343,006	306,044	208,595
Accounts Payable	28,773	27,517	20,828	16,284	13,493	7,837
Accrued Expenses	3,835	9,629	6,406	5,114	4,143	3,416
Short-Term Debt	41,175	24,113	23,778	16,607	25,666	18,734
Current Portion of Long-Term Debt	25,830	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	12,476	6,867	3,019	1,631	1,902	2,914
Current Unearned Revenue	8,167	6,860	6,766	6,182	7,421	679.53
Other Current Liabilities	19,686	21,270	14,645	16,162	11,221	7,664
Total Current Liabilities	139,942	129,480	99,784	84,182	71,170	50,302
Long-Term Debt	113,760	105,867	100,153	102,818	92,690	50,374
Long-Term Leases	278.89	279.95	200.25	81.01	222.59	184.2
Long-Term Unearned Revenue	727.11	1,437	1,588	1,467	1,569	1,163
Pension & Post-Retirement Benefits	77.48	80.47	66.57	63.43	72.19	79.06
Long-Term Deferred Tax Liabilities	13,863	14,060	7,974	7,471	7,482	6,342
Other Long-Term Liabilities	13,852	12,778	9,114	8,561	8,383	7,252
Total Liabilities	282,501	263,983	218,880	204,643	181,589	115,698
Common Stock	2,659	2,659	2,658	2,633	2,633	2,633
Additional Paid-In Capital	38,521	38,356	28,713	25,866	25,552	25,206
Retained Earnings	153,001	132,922	94,445	70,637	56,125	41,349
Treasury Stock	-2,668	-985.83	-470.23	-778.09	-488.54	-475.71
Comprehensive Income & Other	8,903	12,591	14,440	9,148	5,122	2,323
Total Common Equity	200,417	185,542	139,786	107,506	88,943	71,034
Minority Interest	67,002	62,481	37,945	30,857	35,513	21,863
Shareholders' Equity	267,419	248,023	177,731	138,363	124,455	92,897
Total Liabilities & Equity	549,920	512,005	396,611	343,006	306,044	208,595
Total Debt	181,045	163,484	148,474	141,708	125,902	78,352
Net Cash (Debt)	-68,834	-82,618	-107,429	-117,167	-99,108	-61,195
Net Cash Per Share	-2.51	-3.01	-4.00	-4.46	-3.77	-2.37
Filing Date Shares Outstanding	26,595	26,600	26,415	26,186	26,184	26,183
Total Common Shares Outstanding	26,595	26,600	26,415	26,186	26,184	26,183
Working Capital	48,256	18,723	-845.28	-6,554	8,475	-3,238
Book Value Per Share	7.54	6.98	5.29	4.11	3.40	2.71
Tangible Book Value	112,200	96,697	70,510	38,922	17,883	23,189
Tangible Book Value Per Share	4.22	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.