Shandong Shengli Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	562.61	813.75	767.18	937.68	867.25
Accounts Receivable	534.19	511.87	491.62	535.36	499.36
Other Receivables	29.33	202.31	19.8	41.06	153.33
Inventory	343.62	399.54	395.1	378.35	374.57
Prepaid Expenses	-	3.16	1.9	4.16	4.3
Other Current Assets	299.99	187.42	192.84	271.86	262.46
Total Current Assets	1,770	2,118	1,868	2,168	2,161
Property, Plant & Equipment	2,084	2,107	2,139	2,150	2,145
Goodwill	1,188	1,194	1,195	1,198	1,201
Other Intangible Assets	149.86	122.05	126.56	116.03	114.29
Long-Term Investments	793.02	822.69	1,291	1,184	1,173
Long-Term Loans Receivable	-	23.93	77.98	92.25	-
Long-Term Deferred Tax Assets	150.64	148.46	145.62	153.64	133.74
Long-Term Deferred Charges	11.15	12.52	12.21	10.68	11.36
Long-Term Accounts Receivable	-	13.33	12.62	10.87	-
Other Long-Term Assets	90.35	85.23	87.23	91	98.71
Total Assets	6,237	6,647	6,956	7,175	7,038
Accounts Payable	742.8	830.28	748.62	1,051	1,049
Accrued Expenses	38.62	52.22	64.16	57.41	66.08
Short-Term Debt	709.63	838.53	1,166	1,253	1,228
Current Portion of Long-Term Debt	256.3	251.89	306.51	284.12	160.12
Current Unearned Revenue	575.41	682.36	598.04	604.04	646.04
Current Portion of Leases	-	8.95	9.18	9.94	11.53
Current Income Taxes Payable	47.04	19.65	22.02	10.53	15.33
Other Current Liabilities	105.17	103.45	94.34	159.02	243.23
Total Current Liabilities	2,475	2,787	3,009	3,429	3,419
Long-Term Debt	190.1	355.35	489.98	443.64	401.62
Long-Term Leases	42.72	48.31	54.03	64.5	72.34
Long-Term Unearned Revenue	9.44	10.12	10.81	11.49	16.67
Long-Term Deferred Tax Liabilities	138.31	138.96	139.79	130.11	106.38
Total Liabilities	2,856	3,340	3,703	4,078	4,016
Common Stock	880.08	880.08	880.08	880.08	880.08
Additional Paid-In Capital	954.83	955.53	953.54	952.52	952.65
Retained Earnings	1,154	1,048	979.22	843.43	721.49
Comprehensive Income & Other	65.45	74.36	71.1	52.39	59.12
Total Common Equity	3,054	2,958	2,884	2,728	2,613
Minority Interest	327.36	348.94	368.94	367.91	408.33
Shareholders' Equity	3,381	3,307	3,253	3,096	3,022
Total Liabilities & Equity	6,237	6,647	6,956	7,175	7,038
Total Debt	1,199	1,503	2,025	2,055	1,874
Net Cash (Debt)	-636.15	-689.28	-1,258	-1,118	-1,007
Net Cash Per Share	-0.72	-0.78	-1.43	-1.26	-1.14
Filing Date Shares Outstanding	879.33	880.08	880.08	880.08	880.08
Total Common Shares Outstanding	879.33	880.08	880.08	880.08	880.08
Working Capital	-705.23	-669.28	-1,140	-1,260	-1,258
Book Value Per Share	3.47	3.36	3.28	3.10	2.97
Tangible Book Value	1,716	1,642	1,562	1,414	1,298
Tangible Book Value Per Share	1.95	1.87	1.77	1.61	1.47
Buildings	-	316.97	304.14	272.21	270.15
Machinery	-	653.91	659.28	683.56	709.57
Construction In Progress	-	85.09	118.11	128.4	159.33

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