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	-	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	80,867	41,045	24,540	26,794	17,157
Cash Growth	74.61%	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	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	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	163,484	148,474	141,708	125,902	78,352
Net Cash (Debt)	-82,618	-82,618	-107,429	-117,167	-99,108	-61,195
Net Cash Per Share	-3.01	-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	-	18,723	-845.28	-6,554	8,475	-3,238
Book Value Per Share	6.98	6.98	5.29	4.11	3.40	2.71
Tangible Book Value	96,697	96,697	70,510	38,922	17,883	23,189
Tangible Book Value Per Share	3.64	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.