SHA:601231 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	11,186	13,241	12,487	11,219	7,695	6,034
Trading Asset Securities	0.04	9.8	42.29	245.56	271.24	96.48
Cash & Short-Term Investments	11,186	13,251	12,530	11,464	7,966	6,131
Cash Growth	-16.51%	5.75%	9.29%	43.91%	29.94%	-5.90%
Accounts Receivable	10,456	10,140	10,335	10,091	11,165	12,539
Other Receivables	200.71	189.39	324.12	375.51	211.14	198.87
Receivables	10,656	10,329	10,659	10,467	11,376	12,738
Inventory	9,764	7,977	7,750	8,324	10,910	9,038
Other Current Assets	700.43	586.17	657.56	794.08	598.84	588.25
Total Current Assets	32,307	32,143	31,597	31,049	30,851	28,495
Property, Plant & Equipment	5,889	5,831	5,952	5,959	5,240	4,803
Long-Term Investments	758.43	728.4	740.36	731.2	819.55	855.49
Goodwill	733.51	638.28	585.22	611.17	576.73	559.02
Other Intangible Assets	404.02	313.25	311.39	368.3	415.1	453.46
Long-Term Accounts Receivable	-	-	-	0.13	0.19	0.92
Long-Term Deferred Tax Assets	453.92	450.99	434.07	387.27	358.96	315.3
Long-Term Deferred Charges	153.22	158.26	175.64	-	175.84	227.58
Other Long-Term Assets	228.09	209.26	189.03	285.23	124.61	136.82
Total Assets	40,941	40,486	39,998	39,404	38,574	35,857

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	11,420	10,363	10,459	10,077	10,298	11,535
Accrued Expenses	1,342	1,599	1,448	1,523	1,794	1,535
Short-Term Debt	3,466	2,970	3,677	4,378	4,499	2,481
Current Portion of Long-Term Debt	194.9	210.73	52.29	3,397	364.86	589.5
Current Portion of Leases	113.89	133.51	141.4	166.95	141.96	131.01
Current Income Taxes Payable	128	136.13	164.69	155.39	239.18	162.8
Current Unearned Revenue	430.87	466.58	542.46	348.38	411.9	311.99
Other Current Liabilities	588.33	919.84	1,099	1,215	998.76	820.22
Total Current Liabilities	17,683	16,799	17,584	21,261	18,748	17,566
Long-Term Debt	58.98	2,233	3,498	47.39	3,303	4,217
Long-Term Leases	317.65	328.03	377.31	486.78	381.73	475.13
Long-Term Unearned Revenue	63.62	76.14	72.46	59.89	63.2	59.79
Pension & Post-Retirement Benefits	161.91	173.2	222.11	266.51	195.63	296.46
Long-Term Deferred Tax Liabilities	79.45	66.49	82.88	106	87.63	98.18
Other Long-Term Liabilities	76.91	88.81	102.61	83.78	45.87	62.14
Total Liabilities	18,442	19,765	21,939	22,311	22,825	22,774

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	2,389	2,279	2,191	2,210	2,207	2,210
Additional Paid-In Capital	5,925	3,701	1,909	2,134	2,235	2,242
Retained Earnings	14,356	14,555	13,209	12,147	11,138	8,644
Treasury Stock	-253.04	-233.57	-100.05	-321.73	-351.39	-341.24
Comprehensive Income & Other	-14.95	419.12	726.56	824.71	521.75	326.3
Total Common Equity	22,403	20,721	17,935	16,993	15,749	13,082
Minority Interest	96.74	0.5	124.01	100.3	0.44	0.4
Shareholders' Equity	22,499	20,722	18,059	17,093	15,750	13,082
Total Liabilities & Equity	40,941	40,486	39,998	39,404	38,574	35,857

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	4,151	5,876	7,746	8,477	8,691	7,893
Net Cash (Debt)	7,035	7,375	4,784	2,988	-724.26	-1,762
Net Cash Growth	32.69%	54.16%	60.13%	-	-	-
Net Cash Per Share	3.08	3.34	2.17	1.33	-0.32	-0.79
Filing Date Shares Outstanding	2,375	2,266	2,184	2,187	2,181	2,185
Total Common Shares Outstanding	2,375	2,266	2,184	2,187	2,181	2,185
Working Capital	14,624	15,344	14,012	9,788	12,103	10,929
Book Value Per Share	9.43	9.14	8.21	7.77	7.22	5.99
Tangible Book Value	21,265	19,770	17,038	16,014	14,758	12,069
Tangible Book Value Per Share	8.95	8.72	7.80	7.32	6.76	5.52
Land	319.22	332.02	242.9	251.46	241.53	201.48
Buildings	2,384	2,443	2,446	1,756	1,650	1,265
Machinery	9,318	9,022	8,572	8,054	7,264	6,356
Construction In Progress	384.5	185.15	364.67	641.03	303.43	798.02