SHA:603108 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	859.98	1,016	1,207	1,068	1,007	1,024
Trading Asset Securities	110.05	129.8	82.2	58	106.5	25.49
Cash & Short-Term Investments	970.03	1,146	1,289	1,126	1,114	1,049
Cash Growth	-6.63%	-11.10%	14.45%	1.12%	6.15%	4.44%
Accounts Receivable	4,500	4,611	5,363	5,684	6,035	4,292
Other Receivables	157.22	164.02	205.44	200.57	233.38	219.74
Receivables	4,657	4,775	5,569	5,884	6,270	4,513
Inventory	1,575	1,732	1,323	1,377	1,616	1,502
Other Current Assets	963.37	864.77	1,022	1,006	819.44	377.59
Total Current Assets	8,165	8,517	9,203	9,394	9,819	7,442
Property, Plant & Equipment	1,100	1,104	1,129	1,210	1,157	1,187
Long-Term Investments	1,490	1,468	1,479	1,211	1,129	1,130
Goodwill	1,774	1,774	1,983	2,012	1,988	1,898
Other Intangible Assets	66.51	70.8	77.33	76.64	69.46	67.71
Long-Term Accounts Receivable	-	-	17.8	23.9	23.12	22.41
Long-Term Deferred Tax Assets	332.61	316.1	257.48	234.74	203.33	135.85
Long-Term Deferred Charges	141.4	146.93	153.49	143	118.14	117.09
Other Long-Term Assets	23.87	20.82	5.64	4.69	12.3	16.86
Total Assets	13,093	13,418	14,306	14,310	14,519	12,017
Accounts Payable	1,005	1,219	1,159	1,507	1,836	1,163
Accrued Expenses	45	62.03	117.06	148.02	218.99	160.08
Short-Term Debt	4,775	4,861	4,925	4,712	5,215	4,203
Current Portion of Long-Term Debt	1,304	1,203	836.23	511.69	620.3	31.48
Current Portion of Leases	-	-	189.19	264.88	96.9	65.29
Current Income Taxes Payable	65.18	65.09	68.65	97.02	94.03	78.71
Current Unearned Revenue	122.16	77.43	97.36	113.21	185.93	194.57
Other Current Liabilities	230.68	190.84	152.4	174.77	241.52	285.05
Total Current Liabilities	7,547	7,679	7,544	7,528	8,509	6,182
Long-Term Debt	503.77	632.82	886.75	1,103	823.58	1,220
Long-Term Leases	85.98	75.34	209.38	159.91	133.45	177.69
Long-Term Unearned Revenue	7.29	7.81	14.88	18.25	24.95	31.36
Long-Term Deferred Tax Liabilities	42.85	42.98	43.94	51.86	16.63	10.72
Other Long-Term Liabilities	127.5	98.63	2.41	2.13	1.62	2.54
Total Liabilities	8,315	8,536	8,701	8,863	9,509	7,625
Common Stock	603.7	603.68	603.64	597.2	579.54	579.54
Additional Paid-In Capital	1,245	1,254	1,246	1,160	921.06	916.3
Retained Earnings	1,832	1,885	2,452	2,456	2,270	1,852
Comprehensive Income & Other	44.16	42.97	52.89	67.12	117.68	114.51
Total Common Equity	3,724	3,786	4,355	4,280	3,888	3,463
Minority Interest	1,055	1,095	1,250	1,167	1,121	929.31
Shareholders' Equity	4,779	4,881	5,604	5,447	5,010	4,392
Total Liabilities & Equity	13,093	13,418	14,306	14,310	14,519	12,017
Total Debt	6,669	6,773	7,046	6,751	6,889	5,698
Net Cash (Debt)	-5,699	-5,627	-5,757	-5,625	-5,776	-4,649
Net Cash Per Share	-9.59	-9.34	-9.37	-9.67	-9.68	-7.83
Filing Date Shares Outstanding	595.12	602.84	603.64	597.2	579.54	579.54
Total Common Shares Outstanding	595.12	602.84	603.64	597.2	579.54	579.54
Working Capital	617.92	838.4	1,659	1,866	1,310	1,260
Book Value Per Share	6.26	6.28	7.21	7.17	6.71	5.97
Tangible Book Value	1,884	1,942	2,295	2,192	1,831	1,497
Tangible Book Value Per Share	3.17	3.22	3.80	3.67	3.16	2.58
Buildings	-	-	198.87	198.87	117	117.05
Machinery	-	-	2,591	2,478	2,263	2,073
Construction In Progress	-	-	2.85	18.71	41.43	19.31

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