SHA:601900 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	1,039	1,480	3,683	3,194	3,357	2,096
Short-Term Investments	-	-	324.92	515.29	405.3	-
Trading Asset Securities	2,403	2,870	563.62	474.13	492.45	1,142
Cash & Short-Term Investments	3,443	4,350	4,572	4,183	4,255	3,238
Cash Growth	-13.31%	-4.85%	9.29%	-1.69%	31.41%	42.50%
Accounts Receivable	2,612	1,875	1,622	1,498	1,463	1,673
Other Receivables	112.11	109.47	164.09	144.55	212.46	502.85
Receivables	2,724	1,985	1,786	1,642	1,676	2,175
Inventory	1,728	1,075	1,419	1,400	1,465	1,356
Other Current Assets	1,365	888.63	311.26	164.25	159.43	130.4
Total Current Assets	9,260	8,299	8,088	7,389	7,555	6,900
Property, Plant & Equipment	4,714	4,636	4,053	3,195	2,755	2,566
Long-Term Investments	949.09	953.33	1,590	1,751	968.67	875.06
Goodwill	14.67	14.67	18	18	18	18
Other Intangible Assets	2,702	2,720	2,853	2,929	3,013	3,091
Long-Term Accounts Receivable	-	-	-	0.45	0.92	0.87
Long-Term Deferred Tax Assets	24.54	18.62	14.02	194.16	19.48	21.15
Long-Term Deferred Charges	174.45	181.32	174.49	182.54	186.93	159.51
Other Long-Term Assets	913.27	941.39	591.88	578.73	481.09	504.31
Total Assets	18,751	17,764	17,383	16,238	14,998	14,136
Accounts Payable	4,908	4,037	4,215	3,973	3,903	3,491
Accrued Expenses	445.01	485.22	465.04	414.77	384.67	438.33
Current Portion of Long-Term Debt	54.36	50.84	69.87	100	-	-
Current Portion of Leases	-	-	61.76	54.84	52.26	60.99
Current Income Taxes Payable	39.69	99.07	19.28	22.63	13.88	26.6
Current Unearned Revenue	715.93	834.74	774.85	722.24	611.47	557.59
Other Current Liabilities	1,028	1,049	749.08	548.64	533.19	502.73
Total Current Liabilities	7,191	6,555	6,355	5,836	5,499	5,077
Long-Term Debt	1,092	1,069	1,388	989.47	729.03	555.26
Long-Term Leases	151.83	153.23	183.98	165.41	162.13	194.22
Long-Term Unearned Revenue	245.03	255.27	267.4	274.39	313.29	344.73
Long-Term Deferred Tax Liabilities	92.79	93.09	95.86	156.21	121.38	128.8
Other Long-Term Liabilities	47.62	48.23	53.64	59.28	50.9	12.96
Total Liabilities	8,821	8,174	8,344	7,481	6,876	6,313
Common Stock	881.97	881.97	895.88	895.88	895.88	895.88
Additional Paid-In Capital	602.4	602.4	692.74	694.49	917.76	1,625
Retained Earnings	7,669	7,369	6,810	6,477	5,607	4,960
Treasury Stock	-3.39	-3.39	-108.49	-109.43	-109.43	-2.21
Comprehensive Income & Other	-15.89	-15.89	-18.67	-11.26	-	-
Total Common Equity	9,134	8,834	8,272	7,946	7,312	7,478
Minority Interest	796.4	757.06	766.89	810.79	810.82	344.65
Shareholders' Equity	9,930	9,591	9,039	8,757	8,122	7,823
Total Liabilities & Equity	18,751	17,764	17,383	16,238	14,998	14,136
Total Debt	1,298	1,273	1,704	1,310	943.42	810.46
Net Cash (Debt)	2,144	3,077	2,868	2,874	3,312	2,428
Net Cash Growth	2.45%	7.31%	-0.20%	-13.23%	36.42%	14.43%
Net Cash Per Share	2.43	3.48	3.26	3.27	3.74	2.71
Filing Date Shares Outstanding	883.16	877.3	881.97	881.97	881.97	895.88
Total Common Shares Outstanding	883.16	877.3	881.97	881.97	881.97	895.88
Working Capital	2,068	1,744	1,733	1,553	2,057	1,823
Book Value Per Share	10.34	10.07	9.38	9.01	8.29	8.35
Tangible Book Value	6,418	6,099	5,401	5,000	4,281	4,370
Tangible Book Value Per Share	7.27	6.95	6.12	5.67	4.85	4.88
Buildings	-	-	1,076	1,093	1,193	1,144
Machinery	-	-	603.09	580.1	559.51	539.35
Construction In Progress	-	-	3,040	2,172	1,618	1,380

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.