SHA:600119 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	165.27	171.88	168.25	134.48	219.81	194.43
Trading Asset Securities	120.04	120.3	131.5	140.83	103.5	53.39
Cash & Short-Term Investments	285.32	292.18	299.75	275.31	323.31	247.82
Cash Growth	1.32%	-2.53%	8.88%	-14.85%	30.46%	33.09%
Accounts Receivable	102.66	65.35	86.93	246.55	192.74	247.49
Other Receivables	24.94	9.35	14.01	21.54	18.83	18.73
Receivables	127.61	74.7	100.95	268.1	211.57	266.23
Inventory	44.09	39.59	44.48	30.98	35.81	41.04
Prepaid Expenses	-	0.72	-	1.27	0	-
Other Current Assets	11.84	4.98	10.13	7.97	7.66	13.5
Total Current Assets	468.86	412.18	455.31	583.63	578.35	568.58
Property, Plant & Equipment	57.48	54.05	61.67	98.56	125.4	147.21
Long-Term Investments	15.95	13.52	14.79	22.61	25.36	36.65
Goodwill	-	-	1.46	1.61	9.65	23.92
Other Intangible Assets	8.65	8.67	8.54	28.44	28.57	28.8
Long-Term Accounts Receivable	0.63	0.63	0.6	0.05	0	0.26
Long-Term Deferred Tax Assets	3.9	1.81	1.77	11.11	5.56	4.31
Long-Term Deferred Charges	1.84	1.16	-	0.29	0.7	1.12
Other Long-Term Assets	-	4.88	2.44	-	0.04	0.16
Total Assets	557.31	496.9	546.58	746.29	773.65	811.01
Accounts Payable	52.51	40.54	30.28	115.82	101.89	95.12
Accrued Expenses	16.83	19.46	21.5	15.1	18.04	16.49
Short-Term Debt	170.11	170.11	170.3	176	170.85	171.51
Current Portion of Leases	2.97	1.57	0.59	22.55	22.14	19.84
Current Income Taxes Payable	1.49	0.03	1.79	1.09	0.91	2.81
Current Unearned Revenue	46.23	24.41	27.61	11.57	14.78	22.6
Other Current Liabilities	30.6	8.43	10.77	17.68	45.05	52.54
Total Current Liabilities	320.75	264.54	262.85	359.81	373.66	380.9
Long-Term Leases	3.81	0.16	0.22	9.48	32.03	51.86
Long-Term Unearned Revenue	1.94	2.55	2.24	1.48	4.85	2.57
Long-Term Deferred Tax Liabilities	2.3	0.96	1.72	10.04	3.43	4.36
Other Long-Term Liabilities	25.53	25.56	13.7	2.17	2.12	0.63
Total Liabilities	354.32	293.78	280.72	382.99	416.1	440.33
Common Stock	365.27	365.27	365.27	365.27	365.27	365.27
Additional Paid-In Capital	508.8	519.11	517.25	517.25	517.25	517.25
Retained Earnings	-805.45	-802.74	-756.79	-681.88	-690.78	-676.57
Comprehensive Income & Other	5.6	5.6	5.67	5.6	5.44	5.4
Total Common Equity	74.23	87.25	131.4	206.24	197.18	211.34
Minority Interest	128.76	115.88	134.46	157.06	160.37	159.35
Shareholders' Equity	202.99	203.13	265.86	363.3	357.55	370.69
Total Liabilities & Equity	557.31	496.9	546.58	746.29	773.65	811.01
Total Debt	176.89	171.84	171.1	208.03	225.02	243.21
Net Cash (Debt)	108.43	120.34	128.65	67.28	98.28	4.61
Net Cash Growth	-1.62%	-6.46%	91.23%	-31.55%	2030.13%	-
Net Cash Per Share	0.30	0.34	0.36	0.15	0.28	0.01
Filing Date Shares Outstanding	365.27	365.27	365.27	365.27	365.27	365.27
Total Common Shares Outstanding	365.27	365.27	365.27	365.27	365.27	365.27
Working Capital	148.11	147.63	192.46	223.82	204.69	187.68
Book Value Per Share	0.20	0.24	0.36	0.56	0.54	0.58
Tangible Book Value	65.58	78.57	121.4	176.2	158.96	158.62
Tangible Book Value Per Share	0.18	0.22	0.33	0.48	0.44	0.43
Buildings	-	77	76.95	76.82	76.34	75.25
Machinery	-	36.3	74.75	82.76	82.43	80.63
Construction In Progress	-	0.09	0.59	-	0.06	-

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