SHA:600617 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	2,046	1,656	2,871	3,312	4,237	5,435
Short-Term Investments	-	-	-	200.01	349.99	-
Cash & Short-Term Investments	2,046	1,656	2,871	3,512	4,587	5,435
Cash Growth	-14.37%	-42.30%	-18.27%	-23.43%	-15.60%	64.35%
Accounts Receivable	1,234	1,292	1,566	1,997	1,743	944.37
Other Receivables	92.84	517.74	419.46	188.3	112.26	492.86
Receivables	1,327	1,810	1,986	2,185	1,855	1,437
Inventory	328.44	363.41	357.39	325.59	429.4	366.18
Other Current Assets	495.03	237.98	450.85	511.62	1,132	991.67
Total Current Assets	4,197	4,067	5,665	6,535	8,004	8,230
Property, Plant & Equipment	18,198	18,417	19,165	20,252	21,000	21,572
Long-Term Investments	874.76	900.65	1,020	1,024	1,056	1,130
Goodwill	2.58	2.58	2.58	4.13	4.13	4.13
Other Intangible Assets	723.12	734.36	758.84	777.21	799.59	772.68
Long-Term Accounts Receivable	-	91.14	24.77	-	-	-
Long-Term Deferred Tax Assets	74.13	69.26	71.34	83.28	74.37	58.04
Long-Term Deferred Charges	0.09	0.11	0.42	0.69	1.39	0.85
Other Long-Term Assets	267.24	221.35	224.53	266.18	366.5	715.48
Total Assets	24,336	24,503	26,932	28,942	31,306	32,483

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	1,701	1,337	1,777	2,022	1,301	592.02
Accrued Expenses	99.2	177.52	205.91	286.82	295.76	224.8
Short-Term Debt	1,710	1,464	1,305	2,935	7,289	7,299
Current Portion of Long-Term Debt	3,691	2,593	2,759	4,479	4,577	3,283
Current Portion of Leases	-	20.41	12.76	6.49	6.46	4.59
Current Income Taxes Payable	99	76.39	54.46	40.63	63.45	112.48
Current Unearned Revenue	658.44	766.94	744.05	895.05	1,126	1,105
Other Current Liabilities	1,385	1,371	1,394	1,318	1,436	1,567
Total Current Liabilities	9,344	7,806	8,253	11,982	16,094	14,188
Long-Term Debt	9,971	11,706	13,472	12,422	10,586	13,640
Long-Term Leases	71.45	69.96	83.01	57.08	67.43	53.31
Long-Term Unearned Revenue	255.39	354.99	370.45	391.26	386.24	368.24
Long-Term Deferred Tax Liabilities	2.18	2.18	2.31	2.68	4.24	3.83
Total Liabilities	19,644	19,939	22,180	24,855	27,138	28,253

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	1,929	1,929	1,929	1,378	1,378	1,378
Additional Paid-In Capital	1,054	1,054	1,055	1,382	1,471	1,401
Retained Earnings	119.16	11.21	317.96	857.46	779.47	763.91
Comprehensive Income & Other	880.14	864.42	862.14	65.73	60.22	50.99
Total Common Equity	3,982	3,858	4,165	3,683	3,689	3,594
Minority Interest	710.37	706.02	587.79	404.36	479.29	636.06
Shareholders' Equity	4,692	4,564	4,752	4,087	4,168	4,230
Total Liabilities & Equity	24,336	24,503	26,932	28,942	31,306	32,483

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	15,443	15,852	17,632	19,899	22,526	24,279
Net Cash (Debt)	-13,397	-14,196	-14,761	-16,387	-17,939	-18,845
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-8.32	-7.98	-7.82	-8.41	-9.76	-8.89
Filing Date Shares Outstanding	2,522	1,929	1,929	1,929	1,929	1,929
Total Common Shares Outstanding	2,522	1,929	1,929	1,929	1,929	1,929
Working Capital	-5,147	-3,739	-2,588	-5,447	-8,090	-5,958
Book Value Per Share	1.58	1.59	1.75	1.91	1.91	1.86
Tangible Book Value	3,256	3,121	3,403	2,902	2,885	2,817
Tangible Book Value Per Share	1.29	1.20	1.35	1.50	1.50	1.46
Buildings	-	3,955	4,043	4,334	4,231	4,711
Machinery	-	7,696	7,720	7,986	7,880	7,001
Construction In Progress	-	448.9	639.27	615.28	760.89	2,617