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	Sep '26 Sep 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	-	7,079	4,731	2,528	2,227	1,573
Short-Term Investments	-	759.69	-	-	-	-
Trading Asset Securities	-	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	36.67%	65.70%	87.16%	13.50%	41.56%	-32.33%
Accounts Receivable	-	1,105	1,023	1,109	908.17	1,273
Other Receivables	-	388.7	60.37	59.09	233.04	415.84
Receivables	-	1,494	1,084	1,168	1,141	1,688
Inventory	-	105.81	92.68	59.01	60.43	68.04
Prepaid Expenses	-	8.04	46.02	53.26	-	12.29
Other Current Assets	-	169.43	132.57	218.04	55.72	20.64
Total Current Assets	-	9,617	6,086	4,026	3,484	3,363
Property, Plant & Equipment	-	18,409	19,036	20,072	21,082	22,163
Long-Term Investments	-	1,013	920.29	774.13	723.28	687.87
Other Intangible Assets	-	177.86	222.74	276.25	335.36	382.54
Long-Term Deferred Tax Assets	-	272.63	527.63	838.47	1,017	636.19
Long-Term Deferred Charges	-	6.44	5.58	8.67	11.6	2.02
Other Long-Term Assets	-	182.1	199.89	194.74	287.54	310.76
Total Assets	-	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	Sep '26 Sep 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	-	1,140	838.19	986.89	875	789.41
Accrued Expenses	-	734.77	647.86	666.48	674.95	732.64
Short-Term Debt	-	-	-	-	1,000	-
Current Portion of Leases	-	318.82	321.73	309.26	248.74	293.31
Current Income Taxes Payable	-	124.96	41.72	6.08	-	1.66
Current Unearned Revenue	-	88.9	87.67	48.16	30.9	61.55
Other Current Liabilities	-	4,126	4,253	3,888	4,086	4,186
Total Current Liabilities	-	6,534	6,191	5,905	6,916	6,065
Long-Term Leases	-	1,364	1,666	1,990	2,089	2,309
Long-Term Unearned Revenue	-	42.82	50.81	73.48	97.83	128.23
Pension & Post-Retirement Benefits	-	57.17	68.52	78.12	89.79	99.93
Long-Term Deferred Tax Liabilities	-	18.3	22.51	12.18	14	16.26
Other Long-Term Liabilities	-	353.15	407.74	325.53	325.53	325.53
Total Liabilities	-	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	Sep '26 Sep 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	2,367	2,367	2,367	2,367
Additional Paid-In Capital	-	11,227	9,844	9,869	9,902	9,945
Retained Earnings	-	7,188	6,091	5,342	4,900	5,972
Comprehensive Income & Other	-	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	-	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	-	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	Sep '26 Sep 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	57.22%	124.40%	1099.86%	-	-	-
Net Cash Per Share	2.92	2.60	1.16	0.10	-0.47	-0.43
Filing Date Shares Outstanding	2,657	2,577	2,367	2,367	2,367	2,367
Total Common Shares Outstanding	2,657	2,577	2,367	2,367	2,367	2,367
Working Capital	-	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	-	22,340	22,250	21,330	21,454	20,996
Machinery	-	11,845	11,591	4,997	5,005	4,964
Construction In Progress	-	688.69	278.28	1,137	610.96	688.82