SHA:600720 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	6,758	7,873	7,662	6,408	8,571	736.73
Trading Asset Securities	-	-	-	-	-	53.87
Cash & Short-Term Investments	6,758	7,873	7,662	6,408	8,571	790.59
Cash Growth	-1.37%	2.76%	19.57%	-25.24%	984.14%	-31.18%
Accounts Receivable	13,191	12,239	11,884	8,828	7,831	698.34
Other Receivables	402.11	628.66	679.25	1,621	1,238	7.37
Receivables	13,593	12,868	12,563	10,450	9,069	705.71
Inventory	20.27	19.39	22.16	28.74	34.04	825.67
Prepaid Expenses	-	27.82	13.46	19.59	28.09	-
Other Current Assets	1,110	657.54	770.37	995.98	1,393	137.35
Total Current Assets	21,481	21,446	21,031	17,902	19,095	2,459
Property, Plant & Equipment	1,707	1,727	1,749	1,853	1,664	7,295
Long-Term Investments	2,596	2,652	2,652	2,900	2,847	135.25
Goodwill	-	-	-	-	-	67.83
Other Intangible Assets	343.68	353.44	323.25	337.67	320.03	1,002
Long-Term Deferred Tax Assets	595.54	570.22	487.26	435.85	365.5	95.29
Long-Term Deferred Charges	41.56	44.05	39.01	42.63	40.1	216.21
Other Long-Term Assets	3,848	3,965	4,460	4,051	3,793	319.32
Total Assets	30,613	30,757	30,743	27,523	28,125	11,591

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	7,066	7,420	7,714	7,030	7,818	1,174
Accrued Expenses	135.82	361.17	428.05	470.23	515.2	219.06
Short-Term Debt	724.84	98.86	10	8.84	9.95	-
Current Portion of Long-Term Debt	218.3	80.04	73.78	62.64	516.94	45.15
Current Portion of Leases	-	22.53	21.25	21.58	17.63	1.58
Current Income Taxes Payable	187.82	165.24	227.89	193.36	170.48	48.09
Current Unearned Revenue	1,031	1,042	1,484	1,809	2,983	148.56
Other Current Liabilities	2,396	2,630	2,248	2,053	3,994	136.13
Total Current Liabilities	11,760	11,821	12,207	11,649	16,025	1,773
Long-Term Debt	961.4	985.52	1,018	1,066	581.02	387.52
Long-Term Leases	43.47	46.32	60.92	81.11	50.43	1.79
Long-Term Unearned Revenue	-	-	-	-	-	25.65
Pension & Post-Retirement Benefits	-	166.82	182.7	185.5	200.42	38.17
Long-Term Deferred Tax Liabilities	92.99	74.01	53.45	76.99	54.84	44.45
Other Long-Term Liabilities	1,445	1,357	1,860	1,636	1,305	273.51
Total Liabilities	14,302	14,451	15,382	14,695	18,217	2,544

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	2,295	2,295	2,295	2,062	1,285	776.29
Additional Paid-In Capital	8,564	8,564	8,571	7,263	1,654	1,342
Retained Earnings	5,148	5,131	4,201	3,207	6,639	5,933
Comprehensive Income & Other	-74.71	-57.96	-42.41	-39.57	11.62	189.05
Total Common Equity	15,932	15,932	15,025	12,493	9,590	8,241
Minority Interest	378.06	374.7	335.98	335.25	317.63	805.99
Shareholders' Equity	16,310	16,306	15,361	12,828	9,908	9,047
Total Liabilities & Equity	30,613	30,757	30,743	27,523	28,125	11,591

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	1,948	1,233	1,184	1,240	1,176	436.04
Net Cash (Debt)	4,810	6,640	6,478	5,167	7,395	354.56
Net Cash Growth	-10.54%	2.50%	25.36%	-30.12%	1985.74%	-49.01%
Net Cash Per Share	2.10	2.89	3.06	3.83	5.75	0.46
Filing Date Shares Outstanding	2,290	2,295	2,295	2,062	776.29	776.29
Total Common Shares Outstanding	2,290	2,295	2,295	2,062	776.29	776.29
Working Capital	9,722	9,625	8,824	6,253	3,071	686.36
Book Value Per Share	6.96	6.94	6.55	6.06	12.35	10.62
Tangible Book Value	15,589	15,578	14,701	12,155	9,270	7,171
Tangible Book Value Per Share	6.81	6.79	6.41	5.90	11.94	9.24
Buildings	-	2,009	1,978	2,017	1,555	5,839
Machinery	-	805.17	757.58	760.37	798.33	7,081
Construction In Progress	-	39.64	26.01	9.32	231.44	133.85