Shanxi Installation Group Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,241	2,627	2,637	1,381	1,041	814.81
Short-Term Investments	-	-	-	27.56	19.39	17.06
Cash & Short-Term Investments	2,241	2,627	2,637	1,408	1,060	831.88
Cash Growth	-26.39%	-0.37%	87.19%	32.88%	27.42%	-
Accounts Receivable	13,604	12,582	12,366	11,871	9,603	6,196
Other Receivables	745.49	751.41	789.06	518.46	439.79	440.24
Receivables	14,349	13,333	13,155	13,060	10,598	7,523
Inventory	462.61	298.11	188.24	146.24	141.62	246.67
Restricted Cash	-	-	-	748.11	328.98	269.65
Other Current Assets	798.25	931.23	1,081	739.17	969.03	707.11
Total Current Assets	17,851	17,189	17,060	16,102	13,097	9,578
Property, Plant & Equipment	1,416	1,435	1,419	1,143	996.87	868.12
Long-Term Investments	416.19	358.08	337.63	322.14	168.83	168.05
Goodwill	15	15	15	15	15	15
Other Intangible Assets	188.85	174.68	178.31	1.22	1.44	0.6
Long-Term Accounts Receivable	3,996	-	-	3,569	3,036	2,508
Long-Term Deferred Tax Assets	167.72	179.49	163.79	100.06	63.96	43.02
Long-Term Deferred Charges	6.15	0.19	2.28	-	-	-
Other Long-Term Assets	1,086	4,772	4,346	193.69	195.39	198.01
Total Assets	25,144	24,124	23,522	21,447	17,575	13,379
Accounts Payable	8,299	11,381	10,394	9,197	7,595	4,845
Accrued Expenses	2,542	82.08	80.2	1,055	1,038	821.46
Short-Term Debt	1,966	2,401	2,443	2,201	1,611	1,218
Current Portion of Long-Term Debt	740.89	-	-	510.4	428.1	315.19
Current Portion of Leases	563.26	-	-	4.5	3.6	3.38
Current Income Taxes Payable	15.35	57.55	64.85	32.7	15.81	32.75
Current Unearned Revenue	1,428	1,357	1,382	2,166	1,407	1,105
Other Current Liabilities	2,320	2,224	2,642	865.66	732.72	980.79
Total Current Liabilities	17,874	17,502	17,006	16,033	12,831	9,322
Long-Term Debt	3,576	2,971	3,072	2,987	2,585	2,133
Long-Term Leases	144.29	140.08	157.41	66.3	68.33	70.21
Long-Term Unearned Revenue	25.56	27	21.56	23	-	-
Pension & Post-Retirement Benefits	28.83	30.28	28.79	30.79	-	-
Long-Term Deferred Tax Liabilities	91.61	110.56	110.41	74.01	76.12	70.66
Total Liabilities	21,740	20,781	20,397	19,214	15,561	11,595
Common Stock	1,373	1,373	1,373	1,000	1,000	800
Retained Earnings	730.5	655.35	503.54	420.28	298.24	559.01
Comprehensive Income & Other	736.81	735.38	733.12	389.04	377.3	120.64
Total Common Equity	2,841	2,764	2,610	1,809	1,676	1,480
Minority Interest	562.56	579.14	515.66	423.6	338.53	304.44
Shareholders' Equity	3,403	3,343	3,126	2,233	2,014	1,784
Total Liabilities & Equity	25,144	24,124	23,522	21,447	17,575	13,379
Total Debt	6,990	5,512	5,673	5,770	4,696	3,739
Net Cash (Debt)	-4,749	-2,885	-3,036	-4,361	-3,636	-2,908
Net Cash Per Share	-3.46	-2.10	-2.92	-4.36	-4.20	-4.15
Filing Date Shares Outstanding	1,373	1,373	1,373	1,000	866.67	700
Total Common Shares Outstanding	1,373	1,373	1,373	1,000	866.67	700
Working Capital	-23.08	-312.54	54	69.59	266.4	256.81
Book Value Per Share	2.07	2.01	1.90	1.81	1.93	2.11
Tangible Book Value	2,637	2,575	2,417	1,793	1,659	1,464
Tangible Book Value Per Share	1.92	1.87	1.76	1.79	1.91	2.09
Buildings	728.3	728.09	610.96	387.41	377.04	276.68
Machinery	572.36	557.06	384.1	808.31	794.76	777
Construction In Progress	221.57	203.91	413.23	294.19	81.57	32.55

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.