SHA:600004 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	7,079	4,731	2,528	2,227	1,573
Trading Asset Securities	0.13	0.12	0.1	0.13	-
Cash & Short-Term Investments	7,079	4,731	2,528	2,227	1,573
Cash Growth	49.64%	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	-	46.02	53.26	-	12.29
Other Current Assets	937.16	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	182.03	199.89	194.74	287.54	310.76
Total Assets	29,678	26,998	26,190	26,941	27,545
Accounts Payable	1,140	838.19	986.89	875	789.41
Accrued Expenses	113.79	647.86	666.48	674.95	732.64
Short-Term Debt	-	-	-	1,000	-
Current Portion of Long-Term Debt	318.82	-	-	-	-
Current Portion of Leases	-	321.73	309.26	248.74	293.31
Current Income Taxes Payable	224.18	41.72	6.08	-	1.66
Current Unearned Revenue	88.9	87.67	48.16	30.9	61.55
Other Current Liabilities	4,648	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	-	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	410.32	407.74	325.53	325.53	325.53
Total Liabilities	8,369	8,406	8,384	9,532	8,944
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	21,024	18,347	17,593	17,191	18,313
Minority Interest	284.48	245.45	213.07	218.1	287.7
Shareholders' Equity	21,309	18,592	17,806	17,409	18,601
Total Liabilities & Equity	29,678	26,998	26,190	26,941	27,545
Total Debt	1,683	1,987	2,299	3,338	2,603
Net Cash (Debt)	5,397	2,744	228.66	-1,111	-1,030
Net Cash Growth	96.71%	1099.86%	-	-	-
Net Cash Per Share	2.28	1.16	0.10	-0.47	-0.43
Filing Date Shares Outstanding	2,327	2,367	2,367	2,367	2,367
Total Common Shares Outstanding	2,327	2,367	2,367	2,367	2,367
Working Capital	3,083	-104.66	-1,878	-3,432	-2,702
Book Value Per Share	9.04	7.75	7.43	7.26	7.74
Tangible Book Value	20,847	18,124	17,317	16,855	17,931
Tangible Book Value Per Share	8.96	7.66	7.32	7.12	7.58
Buildings	-	22,250	21,330	21,454	20,996
Machinery	-	5,050	4,997	5,005	4,964
Construction In Progress	-	278.28	1,137	610.96	688.82

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