SHA:600322 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	73.79	84.31	407.92	237.64	181.6	641.97
Cash & Short-Term Investments	73.79	84.31	407.92	237.64	181.6	641.97
Cash Growth	-60.65%	-79.33%	71.66%	30.86%	-71.71%	-23.04%
Accounts Receivable	41.37	36.31	1,556	2,187	0.25	0.1
Other Receivables	3.74	0.03	160.27	190.23	88.8	26.33
Receivables	45.11	36.35	1,716	2,377	89.05	26.43
Inventory	-	62.07	9,252	10,556	13,730	15,465
Prepaid Expenses	-	-	210.22	296.52	9.94	379.95
Other Current Assets	1.82	0.57	384.36	426.29	676.07	384.05
Total Current Assets	120.72	183.29	11,970	13,894	14,687	16,898
Property, Plant & Equipment	0.2	0.21	23.18	29.75	33.69	70.25
Long-Term Investments	3.74	3.74	422.97	445.99	445.93	435.45
Goodwill	-	-	-	-	-	10.55
Other Intangible Assets	-	-	4.92	5.06	5.21	5.35
Long-Term Deferred Tax Assets	0.01	0.01	1.36	2.28	1.53	2.02
Long-Term Deferred Charges	-	-	0.76	1.16	1.56	2.46
Other Long-Term Assets	94.64	33.89	1,040	1,230	1,382	1,493
Total Assets	219.3	221.14	13,464	15,608	16,556	18,917
Accounts Payable	53.82	52.23	1,335	1,862	1,827	1,455
Accrued Expenses	0.53	0.53	429.81	604.9	416.7	346.11
Short-Term Debt	-	-	290.97	414.08	429.69	285.02
Current Portion of Long-Term Debt	-	-	3,012	3,510	5,265	4,852
Current Income Taxes Payable	2.61	2.66	10.47	9.71	10.19	3.47
Current Unearned Revenue	10.88	15.22	491.89	1,286	1,552	3,466
Other Current Liabilities	75.39	74.54	2,817	3,454	3,889	3,418
Total Current Liabilities	143.24	145.19	8,387	11,141	13,389	13,824
Long-Term Debt	-	-	4,561	3,707	2,391	3,982
Long-Term Unearned Revenue	-	-	-	-	-	8.02
Long-Term Deferred Tax Liabilities	-	-	-	1.82	1.82	1.82
Other Long-Term Liabilities	-	-	20.24	26.89	27.51	47.48
Total Liabilities	143.24	145.19	12,968	14,877	15,809	17,864
Common Stock	1,106	1,106	1,106	1,106	1,106	1,106
Additional Paid-In Capital	3,822	3,822	2,401	2,401	2,401	2,401
Retained Earnings	-4,854	-4,854	-3,484	-3,274	-3,312	-3,016
Comprehensive Income & Other	2.94	2.94	-5.17	-0.5	-0.5	-0.5
Total Common Equity	76.06	75.95	16.91	231.91	194.14	490.2
Minority Interest	-	-	479.04	499.64	552.55	562.98
Shareholders' Equity	76.06	75.95	495.95	731.55	746.69	1,053
Total Liabilities & Equity	219.3	221.14	13,464	15,608	16,556	18,917
Total Debt	-	-	7,863	7,631	8,085	9,119
Net Cash (Debt)	73.79	84.31	-7,455	-7,394	-7,904	-8,477
Net Cash Per Share	0.07	0.08	-6.74	-6.70	-7.15	-7.67
Filing Date Shares Outstanding	1,143	1,106	1,106	1,106	1,106	1,106
Total Common Shares Outstanding	1,143	1,106	1,106	1,106	1,106	1,106
Working Capital	-22.52	38.1	3,584	2,753	1,297	3,073
Book Value Per Share	0.07	0.07	0.02	0.21	0.18	0.44
Tangible Book Value	76.06	75.95	11.99	226.85	188.93	474.3
Tangible Book Value Per Share	0.07	0.07	0.01	0.21	0.17	0.43
Buildings	-	-	86.43	101.89	105.11	182.22
Machinery	-	-	20.99	21.07	20.89	82.56

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