SHA:600968 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	3,418	8,612	6,666	8,219	3,739	3,151
Short-Term Investments	1,046	3,259	-	-	-	-
Trading Asset Securities	3,051	1,539	5,221	2,568	3,254	1,927
Cash & Short-Term Investments	7,514	13,410	11,887	10,788	6,993	5,078
Cash Growth	-14.09%	12.82%	10.19%	54.26%	37.72%	3.45%
Accounts Receivable	16,099	13,037	13,743	12,727	14,973	13,124
Other Receivables	277.25	67.33	143.12	68.09	176	166.31
Receivables	16,376	13,104	13,886	12,795	15,149	13,290
Inventory	1,544	1,070	1,014	748.87	855.41	749.98
Other Current Assets	712.83	601.51	405.61	456.88	314.55	430.28
Total Current Assets	26,146	28,186	27,192	24,789	23,313	19,548
Property, Plant & Equipment	13,673	13,508	13,431	12,585	11,539	10,681
Long-Term Investments	6,301	5,942	5,566	4,110	2,422	2,246
Other Intangible Assets	2,217	2,295	2,294	2,355	2,348	1,891
Long-Term Accounts Receivable	22.36	24.8	29.51	38.27	42.34	46.21
Long-Term Deferred Tax Assets	165.19	154.6	93.68	113.4	393.89	308.67
Long-Term Deferred Charges	917.02	995.85	850.99	887.55	594.96	666.04
Other Long-Term Assets	54	59.67	45.33	27.5	18.61	286.28
Total Assets	49,495	51,165	49,503	44,906	40,671	35,674

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	10,187	12,695	13,842	12,724	11,284	9,788
Accrued Expenses	1,832	1,316	1,373	1,373	1,437	1,354
Short-Term Debt	-	37.46	-	57.02	57.52	80.09
Current Portion of Long-Term Debt	176.29	224.56	427.52	495.1	21.73	11.9
Current Portion of Leases	339.94	304.48	322.56	234.71	173.54	114.68
Current Income Taxes Payable	292.73	350.84	335.39	307.69	324.17	416.78
Current Unearned Revenue	1,405	1,227	782.6	410.21	524.99	429.73
Other Current Liabilities	1,000	980.45	1,074	1,016	1,028	868.93
Total Current Liabilities	15,234	17,136	18,157	16,617	14,851	13,064
Long-Term Debt	2,256	2,361	2,018	1,507	1,161	368.47
Long-Term Leases	972.26	1,126	1,115	1,170	1,040	701.61
Long-Term Unearned Revenue	213.21	192.02	179.7	155.64	162.37	199.83
Pension & Post-Retirement Benefits	91.52	97.21	100.86	85.19	90.45	49.24
Long-Term Deferred Tax Liabilities	31.22	33.03	38.56	38.04	299.26	246.37
Other Long-Term Liabilities	345.23	21.44	29.19	28.16	26.86	26.86
Total Liabilities	19,143	20,967	21,639	19,601	17,631	14,657

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	10,165	10,165	10,165	10,165	10,165	10,165
Additional Paid-In Capital	1,720	1,726	1,728	1,727	1,726	1,737
Retained Earnings	17,958	17,584	15,072	12,534	10,317	8,461
Comprehensive Income & Other	-26.54	100.37	198.23	201.84	120.05	-62.5
Total Common Equity	29,816	29,576	27,163	24,628	22,328	20,301
Minority Interest	535.19	623.07	700.82	677.02	711.82	716.65
Shareholders' Equity	30,352	30,199	27,864	25,305	23,039	21,017
Total Liabilities & Equity	49,495	51,165	49,503	44,906	40,671	35,674

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	3,744	4,054	3,884	3,464	2,454	1,277
Net Cash (Debt)	3,770	9,356	8,003	7,324	4,539	3,801
Net Cash Growth	-23.70%	16.91%	9.27%	61.35%	19.42%	3.11%
Net Cash Per Share	0.37	0.92	0.79	0.72	0.45	0.37
Filing Date Shares Outstanding	10,165	10,165	10,165	10,165	10,165	10,165
Total Common Shares Outstanding	10,165	10,165	10,165	10,165	10,165	10,165
Working Capital	10,913	11,050	9,035	8,172	8,461	6,484
Book Value Per Share	2.93	2.91	2.67	2.42	2.20	2.00
Tangible Book Value	27,600	27,281	24,869	22,273	19,980	18,409
Tangible Book Value Per Share	2.72	2.68	2.45	2.19	1.97	1.81
Buildings	4,840	4,833	4,138	4,142	4,157	4,139
Machinery	26,245	25,255	24,695	23,431	20,431	19,351
Construction In Progress	1,362	1,553	1,735	912.28	2,024	969.32