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	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	5,938	7,873	7,662	6,408	8,571	736.73
Trading Asset Securities	-	-	-	-	-	53.87
Cash & Short-Term Investments	5,938	7,873	7,662	6,408	8,571	790.59
Cash Growth	-7.64%	2.76%	19.57%	-25.24%	984.14%	-31.18%
Accounts Receivable	13,359	12,239	11,884	8,828	7,831	698.34
Other Receivables	581.32	628.66	679.25	1,621	1,238	7.37
Receivables	13,940	12,868	12,563	10,450	9,069	705.71
Inventory	24.08	19.39	22.16	28.74	34.04	825.67
Prepaid Expenses	-	27.82	13.46	19.59	28.09	-
Other Current Assets	999.08	657.54	770.37	995.98	1,393	137.35
Total Current Assets	20,902	21,446	21,031	17,902	19,095	2,459
Property, Plant & Equipment	1,686	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	345.52	353.44	323.25	337.67	320.03	1,002
Long-Term Deferred Tax Assets	599.69	570.22	487.26	435.85	365.5	95.29
Long-Term Deferred Charges	40.24	44.05	39.01	42.63	40.1	216.21
Other Long-Term Assets	3,936	3,965	4,460	4,051	3,793	319.32
Total Assets	30,105	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	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	6,816	7,420	7,714	7,030	7,818	1,174
Accrued Expenses	117.02	361.17	428.05	470.23	515.2	219.06
Short-Term Debt	189.25	98.86	10	8.84	9.95	-
Current Portion of Long-Term Debt	208.15	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	235.3	165.24	227.89	193.36	170.48	48.09
Current Unearned Revenue	1,157	1,042	1,484	1,809	2,983	148.56
Other Current Liabilities	2,444	2,630	2,248	2,053	3,994	136.13
Total Current Liabilities	11,167	11,821	12,207	11,649	16,025	1,773
Long-Term Debt	967.65	985.52	1,018	1,066	581.02	387.52
Long-Term Leases	39.64	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	95.84	74.01	53.45	76.99	54.84	44.45
Other Long-Term Liabilities	1,470	1,357	1,860	1,636	1,305	273.51
Total Liabilities	13,740	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	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	2,295	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	5,201	5,131	4,201	3,207	6,639	5,933
Comprehensive Income & Other	-76.85	-57.96	-42.41	-39.57	11.62	189.05
Total Common Equity	15,983	15,932	15,025	12,493	9,590	8,241
Minority Interest	381.73	374.7	335.98	335.25	317.63	805.99
Shareholders' Equity	16,364	16,306	15,361	12,828	9,908	9,047
Total Liabilities & Equity	30,105	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	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	1,405	1,233	1,184	1,240	1,176	436.04
Net Cash (Debt)	4,534	6,640	6,478	5,167	7,395	354.56
Net Cash Growth	-15.02%	2.50%	25.36%	-30.12%	1985.74%	-49.01%
Net Cash Per Share	1.98	2.89	3.06	3.83	5.75	0.46
Filing Date Shares Outstanding	2,295	2,295	2,295	2,062	776.29	776.29
Total Common Shares Outstanding	2,295	2,295	2,295	2,062	776.29	776.29
Working Capital	9,735	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	15,637	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