SHA:601019 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	3,067	6,301	6,047	6,871	7,661	7,318
Trading Asset Securities	2,652	2,166	1,865	1,915	2,167	2,289
Cash & Short-Term Investments	5,718	8,467	7,911	8,786	9,828	9,608
Cash Growth	-21.87%	7.02%	-9.95%	-10.60%	2.29%	11.93%
Accounts Receivable	2,120	1,728	1,634	1,539	1,919	2,097
Other Receivables	72.64	169.31	150.62	162.22	115.07	186.21
Receivables	2,192	1,897	1,785	1,701	2,034	2,283
Inventory	1,694	1,677	1,911	2,057	1,662	1,809
Prepaid Expenses	-	0.6	0.7	0.68	0.65	0.92
Other Current Assets	878.86	2,646	1,627	333.28	244.61	196.77
Total Current Assets	10,484	14,687	13,234	12,878	13,769	13,898
Property, Plant & Equipment	4,051	4,125	4,184	4,192	4,019	3,594
Long-Term Investments	620.53	571.49	467.91	3,940	1,243	371.15
Goodwill	2.19	2.19	-	-	-	-
Other Intangible Assets	748.58	764.18	790.86	866.41	933.84	793.6
Long-Term Accounts Receivable	-	-	-	1.14	2.23	4.67
Long-Term Deferred Tax Assets	10.48	11.67	12.15	342.35	5.73	5.53
Long-Term Deferred Charges	63.73	76.64	105.93	129.09	143.17	138.67
Other Long-Term Assets	5,552	1,990	3,046	505.29	450.83	811.54
Total Assets	21,532	22,229	21,841	22,854	20,566	19,616

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	2,766	2,317	2,393	2,958	2,044	2,211
Accrued Expenses	400.33	1,257	1,151	967.45	1,422	1,146
Short-Term Debt	71.97	10.15	16.96	79.78	116.61	24.27
Current Portion of Leases	-	19.24	18.47	15.68	12.19	26.4
Current Income Taxes Payable	30.7	0.2	1.42	1.89	3.35	0.98
Current Unearned Revenue	1,083	1,585	1,501	1,915	1,700	1,656
Other Current Liabilities	407.91	424.85	528.47	707.44	653.44	843.04
Total Current Liabilities	4,777	5,614	5,611	6,645	5,952	5,907
Long-Term Leases	121.09	122.6	111.39	115.67	117.73	134.7
Long-Term Unearned Revenue	359.72	372.29	373.5	391.53	405.08	419.75
Pension & Post-Retirement Benefits	-	737.11	810.81	720.48	723.6	761.38
Long-Term Deferred Tax Liabilities	4.26	5.69	7.79	118.7	7.14	7.69
Other Long-Term Liabilities	730.24	1.43	-	-	-	-
Total Liabilities	5,992	6,854	6,914	7,991	7,206	7,231

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	2,087	2,087	2,087	2,087	2,087	2,087
Additional Paid-In Capital	2,180	2,173	2,173	2,173	2,186	2,186
Retained Earnings	11,251	11,092	10,691	10,589	9,024	8,074
Comprehensive Income & Other	32.05	32.05	-18.23	15.88	63.11	23.36
Total Common Equity	15,550	15,385	14,933	14,865	13,361	12,371
Minority Interest	-9.67	-9.59	-5.76	-2.77	0.06	14.45
Shareholders' Equity	15,541	15,375	14,927	14,863	13,361	12,385
Total Liabilities & Equity	21,532	22,229	21,841	22,854	20,566	19,616

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	210.49	151.99	146.83	211.14	246.53	185.37
Net Cash (Debt)	5,508	8,315	7,765	8,574	9,581	9,422
Net Cash Growth	-22.93%	7.08%	-9.44%	-10.51%	1.69%	10.62%
Net Cash Per Share	2.65	3.97	3.73	4.11	4.62	4.49
Filing Date Shares Outstanding	2,066	2,087	2,087	2,068	2,087	2,087
Total Common Shares Outstanding	2,066	2,087	2,087	2,068	2,087	2,087
Working Capital	5,707	9,073	7,624	6,233	7,817	7,990
Book Value Per Share	7.53	7.37	7.16	7.19	6.40	5.93
Tangible Book Value	14,799	14,618	14,142	13,999	12,427	11,577
Tangible Book Value Per Share	7.16	7.00	6.78	6.77	5.95	5.55
Buildings	-	4,649	4,466	4,310	3,893	3,408
Machinery	-	1,493	1,481	1,385	1,312	1,228
Construction In Progress	-	194.74	264.69	302.03	468.35	407.26