SHA:600004 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	8,874	7,079	4,731	2,528	2,227	1,573
Short-Term Investments	-	759.69	-	-	-	-
Trading Asset Securities	0.1	0.13	0.12	0.1	0.13	-
Cash & Short-Term Investments	8,874	7,839	4,731	2,528	2,227	1,573
Cash Growth	54.84%	65.70%	87.16%	13.50%	41.56%	-32.33%
Accounts Receivable	1,181	1,105	1,023	1,109	908.17	1,273
Other Receivables	399.74	388.7	60.37	59.09	233.04	415.84
Receivables	1,581	1,494	1,084	1,168	1,141	1,688
Inventory	103.24	105.81	92.68	59.01	60.43	68.04
Prepaid Expenses	7.99	8.04	46.02	53.26	-	12.29
Other Current Assets	201.32	169.43	132.57	218.04	55.72	20.64
Total Current Assets	10,768	9,617	6,086	4,026	3,484	3,363
Property, Plant & Equipment	17,909	18,409	19,036	20,072	21,082	22,163
Long-Term Investments	1,072	1,013	920.29	774.13	723.28	687.87
Other Intangible Assets	243.06	177.86	222.74	276.25	335.36	382.54
Long-Term Deferred Tax Assets	272.63	272.63	527.63	838.47	1,017	636.19
Long-Term Deferred Charges	4.46	6.44	5.58	8.67	11.6	2.02
Other Long-Term Assets	187.93	182.1	199.89	194.74	287.54	310.76
Total Assets	30,457	29,678	26,998	26,190	26,941	27,545

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	831.11	1,140	838.19	986.89	875	789.41
Accrued Expenses	1,184	734.77	647.86	666.48	674.95	732.64
Short-Term Debt	-	-	-	-	1,000	-
Current Portion of Leases	328.98	318.82	321.73	309.26	248.74	293.31
Current Income Taxes Payable	91.44	124.96	41.72	6.08	-	1.66
Current Unearned Revenue	97.9	88.9	87.67	48.16	30.9	61.55
Other Current Liabilities	5,187	4,126	4,253	3,888	4,086	4,186
Total Current Liabilities	7,721	6,534	6,191	5,905	6,916	6,065
Long-Term Leases	1,238	1,364	1,666	1,990	2,089	2,309
Long-Term Unearned Revenue	84.41	42.82	50.81	73.48	97.83	128.23
Pension & Post-Retirement Benefits	57.17	57.17	68.52	78.12	89.79	99.93
Long-Term Deferred Tax Liabilities	11.81	18.3	22.51	12.18	14	16.26
Other Long-Term Liabilities	332.43	353.15	407.74	325.53	325.53	325.53
Total Liabilities	9,445	8,369	8,406	8,384	9,532	8,944

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	2,577	2,577	2,367	2,367	2,367	2,367
Additional Paid-In Capital	11,227	11,227	9,844	9,869	9,902	9,945
Retained Earnings	6,880	7,188	6,091	5,342	4,900	5,972
Comprehensive Income & Other	13.4	32.79	45.45	15.86	20.95	29.79
Total Common Equity	20,697	21,024	18,347	17,593	17,191	18,313
Minority Interest	314.53	284.48	245.45	213.07	218.1	287.7
Shareholders' Equity	21,012	21,309	18,592	17,806	17,409	18,601
Total Liabilities & Equity	30,457	29,678	26,998	26,190	26,941	27,545

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	1,567	1,683	1,987	2,299	3,338	2,603
Net Cash (Debt)	7,307	6,157	2,744	228.66	-1,111	-1,030
Net Cash Growth	93.52%	124.40%	1099.86%	-	-	-
Net Cash Per Share	2.98	2.60	1.16	0.10	-0.47	-0.43
Filing Date Shares Outstanding	2,577	2,577	2,367	2,367	2,367	2,367
Total Common Shares Outstanding	2,577	2,577	2,367	2,367	2,367	2,367
Working Capital	3,047	3,083	-104.66	-1,878	-3,432	-2,702
Book Value Per Share	8.03	8.16	7.75	7.43	7.26	7.74
Tangible Book Value	20,454	20,847	18,124	17,317	16,855	17,931
Tangible Book Value Per Share	7.94	8.09	7.66	7.32	7.12	7.58
Buildings	22,481	22,340	22,250	21,330	21,454	20,996
Machinery	5,172	11,845	11,591	4,997	5,005	4,964
Construction In Progress	239.03	688.69	278.28	1,137	610.96	688.82