SHA:600193 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	6.84	58.17	4.21	5.32	19.21	29.36
Cash & Short-Term Investments	6.84	58.17	4.21	5.32	19.21	29.36
Cash Growth	227.17%	1282.00%	-20.94%	-72.29%	-34.57%	-56.11%
Accounts Receivable	347.51	343.77	362.68	516.7	487.61	909.42
Other Receivables	28.56	24.81	0.19	0.85	1.75	18.96
Receivables	376.07	368.58	362.87	517.55	489.37	928.38
Inventory	6.11	9.38	-	-	0.06	0.01
Other Current Assets	26.95	22.66	5.7	8.69	28.51	96.32
Total Current Assets	415.97	458.78	372.78	531.57	537.15	1,054
Property, Plant & Equipment	0.42	0.49	6.51	2.24	0.02	1.19
Long-Term Investments	186.72	185.66	183.24	181.01	184.1	188.17
Goodwill	-	-	-	-	-	10.31
Other Intangible Assets	0.14	0.15	0.99	0.55	-	2.78
Long-Term Accounts Receivable	-	-	-	-	-	2.03
Long-Term Deferred Tax Assets	3.95	3.65	1.65	5.9	5.49	19.54
Long-Term Deferred Charges	0.92	0.99	0.23	-	-	-
Total Assets	608.11	649.73	565.41	721.27	726.76	1,278
Accounts Payable	182.2	134.03	315.97	273.84	299.7	582.28
Accrued Expenses	2.71	83.49	2.29	4.67	2.45	7.83
Short-Term Debt	175.63	177.53	32.29	45	20	52.9
Current Portion of Leases	-	-	0.51	0.84	-	0.46
Current Income Taxes Payable	8.61	3.68	1.13	1.54	2.33	50.01
Current Unearned Revenue	24.19	10.05	0.17	0.25	0.15	24.5
Other Current Liabilities	148.91	177.58	115.96	97.21	83.68	207.31
Total Current Liabilities	542.24	586.35	468.31	423.34	408.3	925.3
Long-Term Leases	-	-	0.28	1.08	-	0.69
Long-Term Deferred Tax Liabilities	0.03	0.03	0.06	0.05	-	0.7
Total Liabilities	542.27	586.38	468.65	424.47	408.3	926.69
Common Stock	425.37	425.37	425.37	425.37	425.37	425.37
Additional Paid-In Capital	148.19	148.18	148.14	147.98	147.51	146.06
Retained Earnings	-500.44	-502.93	-469.48	-269.29	-248.15	-254.37
Comprehensive Income & Other	-7.27	-7.27	-7.27	-7.27	-6.28	-3.94
Total Common Equity	65.84	63.35	96.75	296.8	318.46	313.11
Minority Interest	-	-	-	-	-	38.29
Shareholders' Equity	65.84	63.35	96.75	296.8	318.46	351.4
Total Liabilities & Equity	608.11	649.73	565.41	721.27	726.76	1,278
Total Debt	175.63	177.53	33.08	46.92	20	54.05
Net Cash (Debt)	-168.78	-119.36	-28.87	-41.59	-0.79	-24.69
Net Cash Per Share	-0.41	-0.28	-0.07	-0.10	-0.00	-0.06
Filing Date Shares Outstanding	425.37	425.37	425.37	425.37	425.37	425.37
Total Common Shares Outstanding	425.37	425.37	425.37	425.37	425.37	425.37
Working Capital	-126.27	-127.57	-95.54	108.22	128.84	128.76
Book Value Per Share	0.15	0.15	0.23	0.70	0.75	0.74
Tangible Book Value	65.7	63.2	95.76	296.25	318.46	300.02
Tangible Book Value Per Share	0.15	0.15	0.23	0.70	0.75	0.71
Machinery	-	0.58	6.39	0.3	0.15	0.27
Order Backlog	-	433.72	-	-	-	-