SHA:600831 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	170.71	266.94	147.51	358.69	525.81	497.71
Short-Term Investments	-	-	0.3	84.23	128.62	131.48
Cash & Short-Term Investments	170.71	266.94	147.81	442.91	654.44	629.19
Cash Growth	7.97%	80.60%	-66.63%	-32.32%	4.01%	-32.33%
Accounts Receivable	1,650	1,751	2,602	2,693	2,427	1,630
Other Receivables	83.26	348.09	355.59	322.77	456.36	230.63
Receivables	1,733	2,099	2,957	3,016	2,884	1,861
Inventory	91.81	106.68	103.98	123.34	144.04	120.6
Prepaid Expenses	-	2.36	2.75	2.42	1.71	2.07
Other Current Assets	925.32	611.72	636.77	652.47	557.77	664.86
Total Current Assets	2,921	3,087	3,849	4,237	4,242	3,278
Property, Plant & Equipment	5,305	5,510	5,949	6,252	6,078	5,597
Long-Term Investments	252.47	320.56	384.51	393.57	495.24	503.59
Other Intangible Assets	206.37	220.98	247.18	283.23	261.64	219.32
Long-Term Accounts Receivable	-	181.2	233.45	391.58	309.89	476.93
Long-Term Deferred Tax Assets	5.98	5.96	4.18	2.94	2.08	2.15
Long-Term Deferred Charges	3.54	4.88	13.42	24.31	44.97	67.94
Other Long-Term Assets	236.48	80.72	74.33	62.31	29.02	23.63
Total Assets	8,931	9,411	10,755	11,647	11,462	10,168

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	2,178	2,191	2,211	2,272	2,321	1,920
Accrued Expenses	198.21	195.05	126.58	62.92	60.48	78.26
Short-Term Debt	1,250	820.14	867.7	847.72	1,285	1,286
Current Portion of Long-Term Debt	3,064	2,837	1,349	1,982	800.26	820.73
Current Portion of Leases	-	13.81	105.98	115.82	52.83	206.39
Current Income Taxes Payable	27.46	3.68	3.22	3.01	3.57	3.5
Current Unearned Revenue	166.83	166.93	80.64	43.29	69.08	75.89
Other Current Liabilities	209.37	275.12	316.17	116.12	105.52	103.8
Total Current Liabilities	7,094	6,503	5,060	5,443	4,697	4,495
Long-Term Debt	1,574	2,142	3,405	2,859	2,593	1,479
Long-Term Leases	13.2	15.61	101.46	91.77	256.72	200.73
Long-Term Unearned Revenue	65.14	62.78	60.78	46.77	47.45	63.04
Long-Term Deferred Tax Liabilities	-	-	-	2.73	-	-
Other Long-Term Liabilities	159.85	173.75	62.07	56.8	81.43	114.12
Total Liabilities	8,906	8,897	8,689	8,500	7,676	6,352

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	710.95	710.95	710.95	710.52	710.51	710.49
Additional Paid-In Capital	1,804	1,804	1,804	1,790	1,790	1,790
Retained Earnings	-2,461	-1,940	-441.79	617.3	1,259	1,270
Comprehensive Income & Other	-	-32.42	-	12.78	9.59	12.82
Total Common Equity	54.48	542.28	2,073	3,130	3,769	3,783
Minority Interest	-29.13	-27.79	-7.91	16.92	17.75	33.1
Shareholders' Equity	25.35	514.48	2,065	3,147	3,786	3,816
Total Liabilities & Equity	8,931	9,411	10,755	11,647	11,462	10,168

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	5,901	5,829	5,829	5,897	4,988	3,994
Net Cash (Debt)	-5,730	-5,562	-5,681	-5,454	-4,333	-3,364
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-8.06	-7.82	-7.99	-7.68	-6.01	-4.67
Filing Date Shares Outstanding	710.23	710.95	710.95	710.52	710.51	710.49
Total Common Shares Outstanding	710.23	710.95	710.95	710.52	710.51	710.49
Working Capital	-4,172	-3,416	-1,211	-1,205	-455.27	-1,217
Book Value Per Share	0.08	0.76	2.92	4.41	5.30	5.32
Tangible Book Value	-151.89	321.3	1,826	2,847	3,507	3,564
Tangible Book Value Per Share	-0.21	0.45	2.57	4.01	4.94	5.02
Buildings	-	1,250	1,223	1,188	1,019	969.02
Machinery	-	6,794	5,856	5,799	5,543	4,904
Construction In Progress	-	84.15	153.57	183.03	615.71	585.79