SHA:605358 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	1,726	2,000	2,304	2,671	3,965	4,237
Trading Asset Securities	98.71	104.82	106.81	127.38	-	-
Cash & Short-Term Investments	1,825	2,105	2,410	2,799	3,965	4,237
Cash Growth	-25.28%	-12.68%	-13.87%	-29.41%	-6.43%	160.74%
Accounts Receivable	1,909	1,678	1,422	1,448	1,373	1,250
Other Receivables	1.91	2.21	2.68	4.95	1.28	1.82
Receivables	1,911	1,680	1,425	1,453	1,375	1,251
Inventory	1,534	1,473	1,277	1,321	1,337	882.27
Other Current Assets	305.32	286.3	258.86	186.93	244.42	253.22
Total Current Assets	5,576	5,544	5,371	5,760	6,921	6,624
Property, Plant & Equipment	12,228	12,482	12,746	10,913	9,839	5,176
Long-Term Investments	30	30	30	380.46	416.59	21.17
Goodwill	47.77	47.77	47.77	47.77	47.77	-
Other Intangible Assets	391.8	395.96	395.69	390.58	366.3	49.85
Long-Term Deferred Tax Assets	687.08	659.21	509.5	325.78	195.01	104.94
Long-Term Deferred Charges	8.01	8.5	8.41	11.11	14.12	10.13
Other Long-Term Assets	51.08	57.13	213.91	447.07	742.11	574.48
Total Assets	19,020	19,225	19,323	18,276	18,542	12,561
Accounts Payable	942.39	1,097	1,467	1,231	1,130	672.7
Accrued Expenses	59.48	110.59	90.58	85.19	82.83	99.46
Short-Term Debt	1,343	1,534	1,265	480.49	270.13	945.26
Current Portion of Long-Term Debt	1,169	1,111	617.85	656.92	492.31	284.51
Current Income Taxes Payable	47.94	22.67	12.11	6.84	7.22	62.51
Current Unearned Revenue	2.46	2.65	2.8	2.45	4.13	4.61
Other Current Liabilities	5.78	7.8	11.41	8.39	7.09	5.16
Total Current Liabilities	3,570	3,885	3,467	2,471	1,994	2,074
Long-Term Debt	6,433	5,093	5,673	4,561	6,349	2,131
Long-Term Unearned Revenue	825.61	805.52	570.57	431.13	320.44	114.05
Long-Term Deferred Tax Liabilities	41.87	44.02	46.61	55.62	56.84	-
Other Long-Term Liabilities	-	1,252	1,232	1,212	-	-
Total Liabilities	10,871	11,080	10,989	8,730	8,720	4,319
Common Stock	671.38	671.38	671.37	676.85	676.85	457.33
Additional Paid-In Capital	5,314	5,314	5,311	5,567	5,580	5,800
Retained Earnings	1,044	1,037	1,179	1,502	1,721	1,285
Treasury Stock	-50	-50	-50	-	-	-
Comprehensive Income & Other	226.42	226.42	226.44	226.45	226.47	-
Total Common Equity	7,206	7,199	7,338	7,972	8,205	7,542
Minority Interest	942.63	946.52	996.03	1,573	1,617	699.05
Shareholders' Equity	8,148	8,145	8,334	9,546	9,821	8,241
Total Liabilities & Equity	19,020	19,225	19,323	18,276	18,542	12,561
Total Debt	8,946	7,738	7,556	5,698	7,111	3,361
Net Cash (Debt)	-7,121	-5,633	-5,146	-2,899	-3,147	876.69
Net Cash Per Share	-10.32	-8.30	-7.55	-4.41	-4.67	1.44
Filing Date Shares Outstanding	668.79	668.79	668.77	674.26	676.85	676.85
Total Common Shares Outstanding	668.79	668.79	668.77	676.85	676.85	676.85
Working Capital	2,006	1,658	1,904	3,289	4,927	4,550
Book Value Per Share	10.77	10.76	10.97	11.78	12.12	11.14
Tangible Book Value	6,766	6,755	6,894	7,534	7,790	7,493
Tangible Book Value Per Share	10.12	10.10	10.31	11.13	11.51	11.07
Buildings	-	3,144	2,891	1,614	1,530	823.66
Machinery	-	13,229	10,839	9,870	7,091	4,675
Construction In Progress	-	856.49	2,655	2,160	3,238	1,223

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