SHA:600207 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	569.2	629.04	498.15	612.76	1,827	725.61
Cash & Short-Term Investments	569.2	629.04	498.15	612.76	1,827	725.61
Cash Growth	-16.45%	26.28%	-18.70%	-66.47%	151.82%	127.27%
Accounts Receivable	958.34	1,260	1,268	1,705	1,055	516.35
Other Receivables	52.22	143.87	152.86	128.18	147.04	128.15
Receivables	1,011	1,403	1,421	1,833	1,202	644.51
Inventory	369.69	398.13	375.31	300.52	392.3	230.98
Prepaid Expenses	-	-	-	-	-	0.07
Other Current Assets	177.53	65.59	103.94	114.06	148.22	146.95
Total Current Assets	2,127	2,496	2,398	2,860	3,570	1,748
Property, Plant & Equipment	3,204	3,126	3,474	3,487	3,061	2,077
Long-Term Investments	70.71	74.34	83.82	88.85	71.58	68.44
Goodwill	-	-	4.12	-	-	-
Other Intangible Assets	338.73	341.56	364	328.6	329.81	327.04
Long-Term Deferred Tax Assets	2.89	2.69	57.32	14.85	11.08	7.17
Long-Term Deferred Charges	2.96	3.35	3.38	0.58	2.62	3.22
Other Long-Term Assets	59.67	188.06	213.93	196.65	343.08	389.52
Total Assets	5,806	6,232	6,599	6,977	7,389	4,621
Accounts Payable	703.28	390.03	739.8	681.02	637.08	347.38
Accrued Expenses	10.17	69.26	75.5	67.16	59.35	31.39
Short-Term Debt	358.47	495.01	254.68	912.4	1,169	1,446
Current Portion of Long-Term Debt	1,051	903.02	751.12	270.52	144.23	40.25
Current Portion of Leases	-	78.4	61.28	80.89	108.39	32.66
Current Income Taxes Payable	17.56	1.25	4.08	40.7	45.94	20.38
Current Unearned Revenue	28.25	37.96	37.32	70.28	54.64	77.2
Other Current Liabilities	221.17	628.05	367.95	432.19	474.1	339.18
Total Current Liabilities	2,390	2,603	2,292	2,555	2,693	2,334
Long-Term Debt	1,172	1,364	1,249	850.1	962.69	100
Long-Term Leases	238.99	100.59	87.67	196	418.92	179.38
Long-Term Unearned Revenue	72.77	69.33	67.85	54.75	55.09	56.82
Long-Term Deferred Tax Liabilities	3.5	3.32	3.4	1.94	0.42	-
Total Liabilities	3,877	4,141	3,700	3,658	4,130	2,670
Common Stock	1,089	1,089	1,089	1,089	1,089	862.96
Additional Paid-In Capital	3,785	3,785	3,798	3,783	3,783	2,849
Retained Earnings	-3,006	-2,858	-2,131	-1,776	-1,757	-1,835
Comprehensive Income & Other	9.76	9.44	7.94	13.64	9.15	6.22
Total Common Equity	1,878	2,025	2,765	3,110	3,125	1,884
Minority Interest	50.82	65.98	134.29	209.08	133.89	66.5
Shareholders' Equity	1,929	2,091	2,899	3,319	3,259	1,951
Total Liabilities & Equity	5,806	6,232	6,599	6,977	7,389	4,621
Total Debt	2,820	2,941	2,404	2,310	2,804	1,798
Net Cash (Debt)	-2,251	-2,312	-1,906	-1,697	-976.27	-1,072
Net Cash Per Share	-2.07	-2.12	-1.75	-1.56	-1.13	-1.24
Filing Date Shares Outstanding	1,089	1,089	1,089	1,089	1,089	862.96
Total Common Shares Outstanding	1,089	1,089	1,089	1,089	1,089	862.96
Working Capital	-263.02	-106.82	106.43	305.3	876.58	-585.85
Book Value Per Share	1.72	1.86	2.54	2.86	2.87	2.18
Tangible Book Value	1,539	1,684	2,397	2,781	2,795	1,557
Tangible Book Value Per Share	1.41	1.55	2.20	2.55	2.57	1.80
Buildings	-	1,048	1,038	953.2	944.54	540.82
Machinery	-	2,466	2,800	2,403	2,407	1,374
Construction In Progress	-	395.81	393.5	817.19	296.79	754.24