SHA:603228 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	2,693	2,184	2,288	1,486	1,122
Trading Asset Securities	182.18	312	250	22.4	334.8
Cash & Short-Term Investments	2,876	2,496	2,538	1,508	1,456
Cash Growth	15.22%	-1.66%	68.28%	3.55%	-53.28%
Accounts Receivable	5,852	5,032	4,736	4,439	4,093
Other Receivables	90.56	49.78	51.75	32.52	45.02
Receivables	5,943	5,082	4,788	4,471	4,138
Inventory	2,516	1,742	1,364	1,376	1,444
Prepaid Expenses	-	0.02	0.08	0.07	-
Other Current Assets	231.51	132.29	37.28	51.47	66.27
Total Current Assets	11,565	9,452	8,727	7,406	7,104
Property, Plant & Equipment	10,430	8,259	7,490	7,286	5,969
Long-Term Investments	120.37	143.42	99.86	13	10
Other Intangible Assets	298.06	302.41	272.91	268.94	251.3
Long-Term Deferred Tax Assets	243.3	283.27	224.34	159.61	134.19
Long-Term Deferred Charges	195.28	129.94	103.51	93.9	66.83
Other Long-Term Assets	874.98	673.72	313.01	263.91	805.81
Total Assets	23,727	19,244	17,231	15,492	14,342
Accounts Payable	6,722	4,853	3,913	3,857	4,283
Accrued Expenses	441.05	409.93	397.81	343.19	294.04
Short-Term Debt	378.8	125.33	3.36	195.05	32.12
Current Portion of Long-Term Debt	213.22	247.94	316.35	0.69	9.77
Current Portion of Leases	16.75	11.02	18.21	14.96	15.59
Current Income Taxes Payable	53.24	55.95	68.58	36.43	46.17
Current Unearned Revenue	11.97	5.79	8	2.49	3.11
Other Current Liabilities	218.48	255.4	106.75	241.1	328.62
Total Current Liabilities	8,055	5,964	4,832	4,691	5,012
Long-Term Debt	1,864	1,312	3,057	2,169	1,534
Long-Term Leases	11.91	3.57	8.32	17.68	4.47
Long-Term Unearned Revenue	403.45	325.54	228.46	169.9	160.54
Long-Term Deferred Tax Liabilities	122.72	140.79	134.38	152.75	149.27
Total Liabilities	10,457	7,746	8,261	7,201	6,861
Common Stock	984.81	932.53	841.87	847.25	851.67
Additional Paid-In Capital	5,254	3,888	1,770	1,832	1,912
Retained Earnings	6,909	6,425	5,677	5,165	4,353
Treasury Stock	-85.09	-112.04	-	-81.64	-149.03
Comprehensive Income & Other	9.31	179.56	488.03	310.3	310.3
Total Common Equity	13,073	11,314	8,777	8,072	7,278
Minority Interest	197.08	184.03	192.85	218.07	202.77
Shareholders' Equity	13,270	11,498	8,970	8,290	7,481
Total Liabilities & Equity	23,727	19,244	17,231	15,492	14,342
Total Debt	2,485	1,700	3,404	2,398	1,596
Net Cash (Debt)	390.9	795.86	-865.71	-889.76	-139.77
Net Cash Growth	-50.88%	-	-	-	-
Net Cash Per Share	0.41	0.91	-1.03	-1.06	-0.17
Filing Date Shares Outstanding	984.81	932.53	841.87	847.25	851.67
Total Common Shares Outstanding	984.81	932.53	841.87	847.25	851.67
Working Capital	3,510	3,488	3,895	2,715	2,092
Book Value Per Share	13.27	12.13	10.43	9.53	8.55
Tangible Book Value	12,775	11,011	8,504	7,803	7,027
Tangible Book Value Per Share	12.97	11.81	10.10	9.21	8.25
Buildings	3,853	3,020	2,760	2,411	2,030
Machinery	10,178	7,869	7,028	6,717	5,143
Construction In Progress	609.72	784.96	483.33	276.17	438.27

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