SHA:600359 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	342.63	273.77	342.09	252.98	173.35	161.3
Trading Asset Securities	1	1	1	1	1	1
Cash & Short-Term Investments	343.63	274.77	343.09	253.98	174.35	162.3
Cash Growth	-20.46%	-19.91%	35.09%	45.68%	7.42%	53.25%
Accounts Receivable	38.98	23.93	21.78	31.53	26.02	13.97
Other Receivables	29.32	28.73	30.38	31.59	0.43	227.95
Receivables	68.3	52.66	52.16	63.12	26.54	241.92
Inventory	296.32	366.61	413.45	457.12	445.25	447.97
Other Current Assets	29	30.26	25.61	24.5	46.82	3.75
Total Current Assets	737.25	724.29	834.32	798.72	692.95	855.93
Property, Plant & Equipment	552.75	546.72	436.03	252.76	964.38	749.09
Long-Term Investments	85.07	85.07	87.68	88.72	89.12	94.16
Other Intangible Assets	61.83	62.32	44.53	86.19	123.76	119.29
Long-Term Deferred Tax Assets	6.26	6.26	4.79	0.35	0.38	2.26
Long-Term Deferred Charges	0.95	0.93	1.15	-	0.17	-
Other Long-Term Assets	47.15	48.75	46.08	21.32	24.31	22.22
Total Assets	1,491	1,474	1,455	1,248	1,895	1,843
Accounts Payable	50.06	47.65	59.53	59.21	214.38	131.44
Accrued Expenses	15.89	13.52	17.32	14.89	18.19	18.58
Short-Term Debt	388.43	447.58	435.04	297.97	635.74	691.03
Current Portion of Long-Term Debt	3.08	0.16	8.06	-	13.18	43.03
Current Portion of Leases	-	-	0.22	-	2.01	2.74
Current Income Taxes Payable	3.57	1.44	1.97	1.43	1.45	0.41
Current Unearned Revenue	29.05	71.93	83.08	138.99	150.74	204.4
Other Current Liabilities	128.72	38.17	43.56	49.44	54.9	63.47
Total Current Liabilities	618.81	620.45	648.79	561.93	1,091	1,155
Long-Term Debt	153.88	156.59	59.87	-	156.98	94.57
Long-Term Leases	2.05	2.03	2.17	3.03	6.31	20.61
Long-Term Unearned Revenue	16.77	17.35	24.6	20.44	51.74	43.72
Long-Term Deferred Tax Liabilities	-	-	0.07	-	-	-
Other Long-Term Liabilities	1.15	1.16	1.16	1.2	1.26	1.34
Total Liabilities	792.66	797.57	736.66	586.61	1,307	1,315
Common Stock	381.51	381.51	381.51	381.51	381.51	381.51
Additional Paid-In Capital	956.75	956.75	992.1	937.04	937.04	937.04
Retained Earnings	-602.53	-624.89	-616.76	-618.3	-687.21	-751.32
Comprehensive Income & Other	-61.29	-60.4	-57.74	-56.89	-56.49	-51.45
Total Common Equity	674.44	652.97	699.13	643.36	574.85	515.78
Minority Interest	24.17	23.8	18.8	18.09	13.34	11.82
Shareholders' Equity	698.6	676.77	717.92	661.46	588.19	527.61
Total Liabilities & Equity	1,491	1,474	1,455	1,248	1,895	1,843
Total Debt	547.44	606.36	505.36	301.01	814.22	851.98
Net Cash (Debt)	-203.82	-331.59	-162.27	-47.02	-639.87	-689.68
Net Cash Per Share	-0.50	-0.82	-0.43	-0.12	-1.70	-1.85
Filing Date Shares Outstanding	381.51	381.51	381.51	381.51	381.51	381.51
Total Common Shares Outstanding	381.51	381.51	381.51	381.51	381.51	381.51
Working Capital	118.44	103.85	185.53	236.79	-397.63	-299.16
Book Value Per Share	1.77	1.71	1.83	1.69	1.51	1.35
Tangible Book Value	612.61	590.65	654.6	557.18	451.09	396.49
Tangible Book Value Per Share	1.61	1.55	1.72	1.46	1.18	1.04
Buildings	-	318.03	286.82	246.18	430.3	380.29
Machinery	-	237.02	225.66	179.8	476.2	449.89
Construction In Progress	-	182.74	87.58	4.66	142.23	41.34

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