SHA:600031 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	27,865	38,451	20,383	18,072	21,343	14,812
Short-Term Investments	9,110	2,916	5,359	4,921	3,670	6,034
Trading Asset Securities	21,715	15,736	11,062	10,849	14,817	14,773
Cash & Short-Term Investments	58,690	57,103	36,805	33,842	39,829	35,619
Cash Growth	59.66%	55.15%	8.76%	-15.03%	11.82%	6.17%
Accounts Receivable	40,778	36,018	35,307	33,180	32,103	27,050
Other Receivables	2,505	2,805	2,943	3,011	2,858	2,173
Receivables	44,354	40,203	40,839	40,409	41,513	35,872
Inventory	24,340	22,527	19,948	19,768	19,738	18,463
Prepaid Expenses	41.94	41.12	96.36	133.54	256.97	38.72
Other Current Assets	5,024	4,424	3,817	3,482	4,428	3,727
Total Current Assets	132,451	124,298	101,505	97,634	105,765	93,719
Property, Plant & Equipment	22,302	23,136	24,233	25,600	24,214	20,894
Long-Term Investments	3,769	3,455	3,318	3,683	3,912	4,111
Goodwill	38.45	40.77	48.01	49.66	47.5	46.5
Other Intangible Assets	3,977	4,235	4,615	4,832	4,438	3,881
Long-Term Accounts Receivable	66.45	12,795	12,864	12,595	11,944	8,037
Long-Term Deferred Tax Assets	4,232	3,982	3,577	3,070	2,499	1,599
Long-Term Deferred Charges	497.77	480.55	419.71	472.55	552.01	540.48
Other Long-Term Assets	13,265	250.26	279.49	228.61	441.94	428.61
Total Assets	181,153	173,299	152,145	151,203	158,921	138,557

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	44,528	36,064	28,654	22,693	28,907	28,560
Accrued Expenses	8,289	8,467	7,910	7,822	8,347	7,197
Short-Term Debt	12,850	13,926	12,895	11,225	16,639	13,735
Current Portion of Long-Term Debt	1,500	3,049	3,739	1,563	1,930	2,376
Current Portion of Leases	305.32	273.72	217.77	253.5	153.72	59.33
Current Income Taxes Payable	1,411	1,251	738.53	663.3	665.08	797.34
Current Unearned Revenue	2,935	2,958	2,521	2,178	1,897	1,766
Other Current Liabilities	6,866	5,867	6,995	8,030	9,174	6,942
Total Current Liabilities	78,684	71,856	63,669	54,427	67,712	61,432
Long-Term Debt	5,181	7,853	11,556	23,556	21,625	9,603
Long-Term Leases	749.16	771.24	541.63	565.99	308.07	122.44
Long-Term Unearned Revenue	2,324	2,404	2,355	2,395	2,138	1,381
Pension & Post-Retirement Benefits	46.3	48.2	33.62	37.8	37.1	56.67
Long-Term Deferred Tax Liabilities	832.53	778.34	792.25	825.35	734.74	577.47
Other Long-Term Liabilities	140.06	156.43	195.35	234.86	272.8	288.41
Total Liabilities	87,957	83,868	79,143	82,041	92,828	73,461

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	9,195	9,195	8,475	8,486	8,493	8,493
Additional Paid-In Capital	18,603	18,467	5,172	5,250	5,438	5,144
Retained Earnings	67,327	63,207	60,412	56,092	52,986	52,486
Treasury Stock	-796.11	-796.11	-142.63	-215.65	-301.17	-619.68
Comprehensive Income & Other	-2,245	-1,742	-1,993	-1,583	-1,565	-1,812
Total Common Equity	92,084	88,331	71,924	68,029	65,051	63,691
Minority Interest	1,111	1,100	1,078	1,133	1,043	1,404
Shareholders' Equity	93,196	89,431	73,002	69,162	66,094	65,095
Total Liabilities & Equity	181,153	173,299	152,145	151,203	158,921	138,557

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	20,586	25,873	28,949	37,163	40,656	25,896
Net Cash (Debt)	38,105	31,230	7,856	-3,321	-826.9	9,724
Net Cash Growth	223.15%	297.53%	-	-	-	-34.06%
Net Cash Per Share	4.28	3.65	0.93	-0.39	-0.10	1.15
Filing Date Shares Outstanding	9,155	8,881	8,481	8,450	8,487	8,444
Total Common Shares Outstanding	9,155	8,881	8,481	8,450	8,487	8,444
Working Capital	53,767	52,441	37,836	43,207	38,053	32,287
Book Value Per Share	10.06	9.95	8.48	8.05	7.67	7.54
Tangible Book Value	88,068	84,055	67,261	63,147	60,565	59,763
Tangible Book Value Per Share	9.62	9.46	7.93	7.47	7.14	7.08
Buildings	17,998	17,835	17,325	17,284	14,874	12,568
Machinery	23,493	23,341	22,801	21,784	19,078	13,989
Construction In Progress	1,000	1,022	1,140	1,367	4,001	7,418