SHA:600289 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	554.45	691.42	835.8	686.14	1,451	1,554
Cash & Short-Term Investments	554.45	691.42	835.8	686.14	1,451	1,554
Cash Growth	-54.60%	-17.27%	21.81%	-52.70%	-6.66%	-12.26%
Accounts Receivable	126.21	179.72	171.78	94	144.06	266.57
Other Receivables	53.98	67.89	68.53	30.55	43.67	53.03
Receivables	180.19	247.61	240.31	124.56	187.73	319.6
Inventory	52.27	226.83	12.08	15.25	20.46	46.52
Prepaid Expenses	-	-	-	-	-	1.46
Other Current Assets	128.5	22.29	3.86	3.56	25.69	2.2
Total Current Assets	915.41	1,188	1,092	829.5	1,685	1,924
Property, Plant & Equipment	127.92	130.71	239.77	260.02	275.29	294.35
Long-Term Investments	324.12	281.22	31.02	136.4	149.83	173.58
Other Intangible Assets	0.26	0.37	8.11	12.27	16.82	27.15
Long-Term Deferred Tax Assets	0.02	0.01	0	0.01	0.29	-
Long-Term Deferred Charges	0.49	0.54	-	-	-	-
Other Long-Term Assets	143.59	146.06	10.41	10.71	10.96	5.2
Total Assets	1,512	1,747	1,381	1,249	2,138	2,424
Accounts Payable	149.25	144.65	147.41	117.63	124.4	156.4
Accrued Expenses	27.19	29.98	39.83	52.84	57.51	45.26
Current Portion of Long-Term Debt	4.58	4.46	-	-	-	-
Current Portion of Leases	-	-	6.47	6.86	9.01	8.83
Current Income Taxes Payable	2.36	3.14	0.73	0.75	0.74	0.79
Current Unearned Revenue	39.11	49.77	27.51	34.77	58.2	48.24
Other Current Liabilities	79.58	85.38	81.66	141.92	330.47	449.93
Total Current Liabilities	302.07	317.37	303.62	354.76	580.32	709.46
Long-Term Leases	10.91	11.17	3.07	9.37	20.07	24.93
Long-Term Deferred Tax Liabilities	5.47	5.61	6.85	2.85	-	-
Other Long-Term Liabilities	298.6	468.3	446.57	464.06	141.18	5.26
Total Liabilities	617.06	802.46	760.11	831.04	741.57	739.66
Common Stock	631.05	631.05	631.05	631.05	631.05	631.05
Additional Paid-In Capital	2,781	2,781	1,992	1,722	1,671	1,563
Retained Earnings	-2,522	-2,472	-2,004	-1,905	-854.16	-504.26
Treasury Stock	-	-	-	-	-40.53	-
Comprehensive Income & Other	8.35	8.35	6.28	-23.77	-5.89	0.53
Total Common Equity	899.2	949.05	625.7	423.68	1,402	1,690
Minority Interest	-4.44	-4.44	-4.44	-5.81	-5.48	-5.16
Shareholders' Equity	894.75	944.6	621.25	417.88	1,396	1,685
Total Liabilities & Equity	1,512	1,747	1,381	1,249	2,138	2,424
Total Debt	15.49	15.63	9.54	16.23	29.08	33.77
Net Cash (Debt)	538.96	675.79	826.26	669.91	1,422	1,521
Net Cash Growth	-55.57%	-18.21%	23.34%	-52.88%	-6.50%	-14.16%
Net Cash Per Share	0.85	1.07	1.31	1.06	2.25	2.41
Filing Date Shares Outstanding	631.01	630.62	631.05	631.05	618.69	631.05
Total Common Shares Outstanding	631.01	630.62	631.05	631.05	618.69	631.05
Working Capital	613.34	870.78	788.43	474.74	1,104	1,215
Book Value Per Share	1.43	1.50	0.99	0.67	2.27	2.68
Tangible Book Value	898.94	948.67	617.59	411.41	1,385	1,663
Tangible Book Value Per Share	1.42	1.50	0.98	0.65	2.24	2.63
Buildings	-	-	382.88	382.67	382.67	390.79
Machinery	-	-	53.53	66.13	70.89	72.35

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