SHA:601918 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	3,302	2,478	2,286	1,635	1,406	1,697
Short-Term Investments	-	-	-	-	-	20.2
Trading Asset Securities	32.5	36.64	39.27	33.21	28.96	23.3
Cash & Short-Term Investments	3,335	2,515	2,326	1,668	1,435	1,741
Cash Growth	9.86%	8.13%	39.40%	16.30%	-17.58%	230.48%
Accounts Receivable	1,278	932.95	1,050	894.23	1,263	579.81
Other Receivables	102.89	140.05	140.56	151.71	169.1	169.22
Receivables	1,380	1,073	1,191	1,046	1,432	749.03
Inventory	591.71	340.41	307.78	298.2	343.67	290.06
Prepaid Expenses	-	5.82	0	0.01	23.74	-
Other Current Assets	1,523	997.55	208.75	124.71	83.61	89.07
Total Current Assets	6,830	4,932	4,033	3,137	3,317	2,869
Property, Plant & Equipment	40,378	37,876	29,117	24,862	23,068	23,162
Long-Term Investments	988.03	930.05	864.68	766.57	672.93	595.81
Goodwill	3.27	3.27	3.27	3.27	3.27	3.27
Other Intangible Assets	1,918	1,938	1,953	1,920	1,758	1,765
Long-Term Deferred Tax Assets	273.02	264.58	240.5	228.25	222.54	193.97
Long-Term Deferred Charges	5,729	5,886	5,124	4,319	3,568	2,709
Other Long-Term Assets	1,640	1,206	3,331	1,058	1,125	164.95
Total Assets	57,760	53,035	44,666	36,295	33,735	31,462

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	5,958	4,587	3,177	2,293	2,541	1,450
Accrued Expenses	1,895	1,623	1,513	1,696	1,841	2,337
Short-Term Debt	2,101	1,971	1,391	1,551	1,481	1,217
Current Portion of Long-Term Debt	-	3,851	2,561	3,119	3,694	3,252
Current Portion of Leases	-	45.69	26.4	51.83	48.93	42.25
Current Income Taxes Payable	-	198.5	355.26	294.25	204.81	339.61
Current Unearned Revenue	211.85	193.16	138.58	337.89	200.78	247.23
Other Current Liabilities	5,101	752.77	730.62	708.64	885.57	1,014
Total Current Liabilities	15,267	13,222	9,893	10,051	10,896	9,899
Long-Term Debt	19,281	18,180	15,044	9,497	8,557	9,731
Long-Term Leases	80.1	21.54	37.58	50.37	76.61	111.38
Long-Term Unearned Revenue	95.28	115.91	126.86	114.75	118.09	107.25
Long-Term Deferred Tax Liabilities	10.54	10.54	16.28	20	25.58	29.78
Other Long-Term Liabilities	2,164	2,141	2,133	1,736	1,623	1,353
Total Liabilities	36,898	33,692	27,251	21,470	21,296	21,232

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	2,591	2,591	2,591	2,591	2,591	2,591
Additional Paid-In Capital	2,181	2,181	2,174	2,171	2,155	2,153
Retained Earnings	12,632	11,544	9,823	7,818	5,994	4,083
Comprehensive Income & Other	774.61	645.33	968.72	939.66	757.71	784.09
Total Common Equity	18,178	16,961	15,556	13,519	11,497	9,610
Minority Interest	2,684	2,383	1,858	1,306	942.48	620.67
Shareholders' Equity	20,862	19,343	17,415	14,825	12,439	10,230
Total Liabilities & Equity	57,760	53,035	44,666	36,295	33,735	31,462

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	21,463	24,069	19,060	14,270	13,857	14,353
Net Cash (Debt)	-18,128	-21,554	-16,734	-12,601	-12,422	-12,613
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-7.00	-8.32	-6.46	-4.86	-4.80	-4.87
Filing Date Shares Outstanding	2,595	2,591	2,591	2,591	2,591	2,591
Total Common Shares Outstanding	2,595	2,591	2,591	2,591	2,591	2,591
Working Capital	-8,437	-8,291	-5,861	-6,914	-7,579	-7,030
Book Value Per Share	7.01	6.55	6.01	5.22	4.44	3.71
Tangible Book Value	16,257	15,019	13,600	11,596	9,735	7,842
Tangible Book Value Per Share	6.27	5.80	5.25	4.48	3.76	3.03
Buildings	-	22,292	20,715	19,696	19,496	19,331
Machinery	-	19,974	17,849	13,658	13,011	12,639
Construction In Progress	-	8,137	2,365	2,212	631.94	345.96