SHA:601918 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	2,478	2,286	1,635	1,406	1,697
Short-Term Investments	-	-	-	-	20.2
Trading Asset Securities	36.64	39.27	33.21	28.96	23.3
Cash & Short-Term Investments	2,515	2,326	1,668	1,435	1,741
Cash Growth	8.13%	39.40%	16.30%	-17.58%	230.48%
Accounts Receivable	932.95	1,050	894.23	1,263	579.81
Other Receivables	140.05	140.56	151.71	169.1	169.22
Receivables	1,073	1,191	1,046	1,432	749.03
Inventory	340.41	307.78	298.2	343.67	290.06
Prepaid Expenses	-	0	0.01	23.74	-
Other Current Assets	1,003	208.75	124.71	83.61	89.07
Total Current Assets	4,932	4,033	3,137	3,317	2,869
Property, Plant & Equipment	37,224	29,117	24,862	23,068	23,162
Long-Term Investments	930.05	864.68	766.57	672.93	595.81
Goodwill	3.27	3.27	3.27	3.27	3.27
Other Intangible Assets	1,938	1,953	1,920	1,758	1,765
Long-Term Deferred Tax Assets	264.58	240.5	228.25	222.54	193.97
Long-Term Deferred Charges	5,886	5,124	4,319	3,568	2,709
Other Long-Term Assets	1,857	3,331	1,058	1,125	164.95
Total Assets	53,035	44,666	36,295	33,735	31,462
Accounts Payable	4,587	3,177	2,293	2,541	1,450
Accrued Expenses	1,204	1,513	1,696	1,841	2,337
Short-Term Debt	1,971	1,391	1,551	1,481	1,217
Current Portion of Long-Term Debt	4,154	2,561	3,119	3,694	3,252
Current Portion of Leases	-	26.4	51.83	48.93	42.25
Current Income Taxes Payable	632	355.26	294.25	204.81	339.61
Current Unearned Revenue	192.32	138.58	337.89	200.78	247.23
Other Current Liabilities	482.62	730.62	708.64	885.57	1,014
Total Current Liabilities	13,222	9,893	10,051	10,896	9,899
Long-Term Debt	17,900	15,044	9,497	8,557	9,731
Long-Term Leases	21.54	37.58	50.37	76.61	111.38
Long-Term Unearned Revenue	96.13	126.86	114.75	118.09	107.25
Long-Term Deferred Tax Liabilities	10.54	16.28	20	25.58	29.78
Other Long-Term Liabilities	2,441	2,133	1,736	1,623	1,353
Total Liabilities	33,692	27,251	21,470	21,296	21,232
Common Stock	2,591	2,591	2,591	2,591	2,591
Additional Paid-In Capital	2,181	2,174	2,171	2,155	2,153
Retained Earnings	11,544	9,823	7,818	5,994	4,083
Comprehensive Income & Other	645.33	968.72	939.66	757.71	784.09
Total Common Equity	16,961	15,556	13,519	11,497	9,610
Minority Interest	2,383	1,858	1,306	942.48	620.67
Shareholders' Equity	19,343	17,415	14,825	12,439	10,230
Total Liabilities & Equity	53,035	44,666	36,295	33,735	31,462
Total Debt	24,047	19,060	14,270	13,857	14,353
Net Cash (Debt)	-21,532	-16,734	-12,601	-12,422	-12,613
Net Cash Per Share	-8.32	-6.46	-4.86	-4.80	-4.87
Filing Date Shares Outstanding	2,591	2,591	2,591	2,591	2,591
Total Common Shares Outstanding	2,591	2,591	2,591	2,591	2,591
Working Capital	-8,291	-5,861	-6,914	-7,579	-7,030
Book Value Per Share	6.55	6.01	5.22	4.44	3.71
Tangible Book Value	15,019	13,600	11,596	9,735	7,842
Tangible Book Value Per Share	5.80	5.25	4.48	3.76	3.03
Buildings	-	20,678	19,696	19,496	19,331
Machinery	-	17,885	13,658	13,011	12,639
Construction In Progress	-	2,365	2,212	631.94	345.96

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