Shandong Shengli Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	668.03	813.75	767.18	937.68	867.25	895.15	Upgrade
Trading Asset Securities	-	-	-	-	-	20	Upgrade
Accounts Receivable	506.61	511.87	491.62	535.36	499.36	463.45	Upgrade
Other Receivables	30.58	202.31	19.8	41.06	153.33	277.87	Upgrade
Inventory	428.56	399.54	395.1	378.35	374.57	407.35	Upgrade
Prepaid Expenses	4.36	3.16	1.9	4.16	4.3	9.2	Upgrade
Other Current Assets	182.24	187.42	192.84	271.86	262.46	243.08	Upgrade
Total Current Assets	1,820	2,118	1,868	2,168	2,161	2,316	Upgrade
Property, Plant & Equipment	2,043	2,107	2,139	2,150	2,145	1,970	Upgrade
Goodwill	1,194	1,194	1,195	1,198	1,201	1,241	Upgrade
Other Intangible Assets	125	122.05	126.56	116.03	114.29	113.35	Upgrade
Long-Term Investments	811.39	822.69	1,291	1,184	1,173	795.44	Upgrade
Long-Term Loans Receivable	-	23.93	77.98	92.25	-	-	Upgrade
Long-Term Deferred Tax Assets	148.63	148.46	145.62	153.64	133.74	189.92	Upgrade
Long-Term Deferred Charges	22.29	12.52	12.21	10.68	11.36	15.35	Upgrade
Long-Term Accounts Receivable	13.68	13.33	12.62	10.87	-	-	Upgrade
Other Long-Term Assets	85	85.23	87.23	91	98.71	110.91	Upgrade
Total Assets	6,263	6,647	6,956	7,175	7,038	6,752	Upgrade
Accounts Payable	803.59	830.28	748.62	1,051	1,049	940.04	Upgrade
Accrued Expenses	33.87	52.22	64.16	57.41	66.08	58.47	Upgrade
Short-Term Debt	786.88	838.53	1,166	1,253	1,228	1,227	Upgrade
Current Portion of Long-Term Debt	253.29	251.89	306.51	284.12	160.12	-	Upgrade
Current Unearned Revenue	425.44	682.36	598.04	604.04	646.04	587.66	Upgrade
Current Portion of Leases	12.09	8.95	9.18	9.94	11.53	-	Upgrade
Current Income Taxes Payable	24.65	19.65	22.02	10.53	15.33	12.27	Upgrade
Other Current Liabilities	122.9	103.45	94.34	159.02	243.23	376.96	Upgrade
Total Current Liabilities	2,463	2,787	3,009	3,429	3,419	3,202	Upgrade
Long-Term Debt	273.56	355.35	489.98	443.64	401.62	461.74	Upgrade
Long-Term Leases	39.85	48.31	54.03	64.5	72.34	-	Upgrade
Long-Term Unearned Revenue	9.78	10.12	10.81	11.49	16.67	17.92	Upgrade
Long-Term Deferred Tax Liabilities	137.81	138.96	139.79	130.11	106.38	80.91	Upgrade
Other Long-Term Liabilities	-	-	-	-	-	88.45	Upgrade
Total Liabilities	2,924	3,340	3,703	4,078	4,016	3,851	Upgrade
Common Stock	880.08	880.08	880.08	880.08	880.08	880.08	Upgrade
Additional Paid-In Capital	956.69	955.53	953.54	952.52	952.65	952.78	Upgrade
Retained Earnings	1,100	1,048	979.22	843.43	721.49	629.05	Upgrade
Comprehensive Income & Other	78.5	74.36	71.1	52.39	59.12	-4.22	Upgrade
Total Common Equity	3,015	2,958	2,884	2,728	2,613	2,458	Upgrade
Minority Interest	324.67	348.94	368.94	367.91	408.33	443.7	Upgrade
Shareholders' Equity	3,339	3,307	3,253	3,096	3,022	2,901	Upgrade
Total Liabilities & Equity	6,263	6,647	6,956	7,175	7,038	6,752	Upgrade
Total Debt	1,366	1,503	2,025	2,055	1,874	1,688	Upgrade
Net Cash (Debt)	-697.65	-689.28	-1,258	-1,118	-1,007	-773.26	Upgrade
Net Cash Per Share	-0.79	-0.78	-1.43	-1.26	-1.14	-0.87	Upgrade
Filing Date Shares Outstanding	880.08	880.08	880.08	880.08	880.08	880.08	Upgrade
Total Common Shares Outstanding	880.08	880.08	880.08	880.08	880.08	880.08	Upgrade
Working Capital	-642.35	-669.28	-1,140	-1,260	-1,258	-885.97	Upgrade
Book Value Per Share	3.43	3.36	3.28	3.10	2.97	2.79	Upgrade
Tangible Book Value	1,696	1,642	1,562	1,414	1,298	1,103	Upgrade
Tangible Book Value Per Share	1.93	1.87	1.77	1.61	1.47	1.25	Upgrade
Buildings	305.25	316.97	304.14	272.21	270.15	263.1	Upgrade
Machinery	602.63	653.91	659.28	683.56	709.57	723.13	Upgrade
Construction In Progress	81.65	85.09	118.11	128.4	159.33	178.82	Upgrade

Source: S&P Global Market Intelligence. Utility template. Financial Sources.