SHA:600340 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	3,248	4,073	5,807	6,478	12,418	14,437
Short-Term Investments	-	2,338	3,394	738.18	917.55	62.92
Cash & Short-Term Investments	3,248	6,411	9,201	7,216	13,335	14,500
Cash Growth	-10.87%	-30.33%	27.51%	-45.89%	-8.04%	-46.28%
Accounts Receivable	125,499	125,498	151,675	180,454	185,980	191,365
Other Receivables	14,896	17,198	19,978	25,758	24,917	23,270
Receivables	140,396	143,253	172,643	207,212	211,897	216,571
Inventory	59,622	61,168	74,736	82,636	122,872	145,280
Prepaid Expenses	-	-	-	-	-	4,903
Other Current Assets	11,966	6,476	6,589	10,566	15,933	11,216
Total Current Assets	215,231	217,307	263,169	307,629	364,037	392,470
Property, Plant & Equipment	6,422	6,542	8,596	11,191	12,521	14,141
Long-Term Investments	2,940	7,098	7,840	6,238	7,143	7,171
Other Intangible Assets	3,278	3,312	4,143	4,527	4,978	5,893
Long-Term Deferred Tax Assets	18,735	18,544	14,815	13,991	11,423	11,421
Long-Term Deferred Charges	865.47	909.68	1,102	1,376	1,604	1,844
Other Long-Term Assets	5,826	1,672	4,725	6,545	6,935	8,024
Total Assets	253,297	255,385	304,389	351,497	408,641	440,964
Accounts Payable	32,828	34,288	37,197	43,382	50,987	57,707
Accrued Expenses	9,219	19,100	16,657	13,723	13,489	22,604
Short-Term Debt	7,318	7,303	7,609	8,377	12,396	29,221
Current Portion of Long-Term Debt	24,505	22,135	21,548	18,609	50,145	97,747
Current Portion of Leases	-	292.67	256.91	260.65	299.08	1,652
Current Income Taxes Payable	13,505	6,335	6,335	6,717	6,497	6,548
Current Unearned Revenue	15,164	14,809	18,892	34,796	74,097	89,649
Other Current Liabilities	33,908	32,880	31,454	29,827	29,171	58,859
Total Current Liabilities	136,446	137,143	139,950	155,691	237,082	363,987
Long-Term Debt	106,715	106,891	127,952	158,429	136,052	52,393
Long-Term Leases	49.08	49.65	42.61	92.73	80.66	149.06
Long-Term Unearned Revenue	3.22	3.22	3.22	3.22	5.64	9.91
Long-Term Deferred Tax Liabilities	1,360	1,440	1,858	2,223	2,429	503.25
Other Long-Term Liabilities	15,356	14,689	15,346	13,202	8,642	94.92
Total Liabilities	259,929	260,216	285,152	329,643	384,291	417,138
Common Stock	3,893	3,893	3,893	3,893	3,893	3,893
Additional Paid-In Capital	11,188	11,185	10,541	8,829	4,509	-
Retained Earnings	-33,483	-31,783	-8,924	-4,107	1,921	351.55
Comprehensive Income & Other	-678.19	-1,039	-1,416	-1,455	-943.36	2,063
Total Common Equity	-19,080	-17,743	4,095	7,160	9,380	6,307
Minority Interest	12,448	12,912	15,142	14,694	14,969	17,519
Shareholders' Equity	-6,632	-4,831	19,237	21,854	24,350	23,827
Total Liabilities & Equity	253,297	255,385	304,389	351,497	408,641	440,964
Total Debt	138,587	136,672	157,409	185,769	198,973	181,162
Net Cash (Debt)	-135,339	-130,261	-148,209	-178,553	-185,638	-166,662
Net Cash Per Share	-34.86	-33.45	-38.15	-45.91	-47.93	-43.43
Filing Date Shares Outstanding	3,893	3,893	3,893	3,893	3,893	3,893
Total Common Shares Outstanding	3,893	3,893	3,893	3,893	3,893	3,893
Working Capital	78,785	80,164	123,219	151,938	126,954	28,484
Book Value Per Share	-4.90	-4.56	1.05	1.84	2.41	1.62
Tangible Book Value	-22,358	-21,055	-47.92	2,634	4,403	414.19
Tangible Book Value Per Share	-5.74	-5.41	-0.01	0.68	1.13	0.11
Buildings	-	6,793	9,434	11,140	11,008	11,901
Machinery	-	719.55	754.72	772.35	803.49	839.01
Construction In Progress	-	2,060	2,037	2,783	3,774	4,063