SHA:600400 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	641.08	494.19	1,184	1,418	962.95	997.29
Trading Asset Securities	-	20.02	-	-	-	45.51
Cash & Short-Term Investments	641.08	514.21	1,184	1,418	962.95	1,043
Cash Growth	-41.52%	-56.55%	-16.55%	47.29%	-7.66%	-8.19%
Accounts Receivable	254.45	255.62	510	595.64	721.13	565.17
Other Receivables	42.67	55.23	61.57	41.68	44.6	57.29
Receivables	297.12	310.85	571.57	637.33	765.73	622.47
Inventory	299.05	220.72	318.4	326.33	152.45	113.74
Prepaid Expenses	-	-	-	-	5.13	-
Other Current Assets	93.49	34.45	58.98	94.51	38.43	51.73
Total Current Assets	1,331	1,080	2,133	2,477	1,925	1,831
Property, Plant & Equipment	561.81	611.01	709.5	1,048	859.36	847.72
Long-Term Investments	1,018	1,029	1,087	1,215	1,413	1,672
Other Intangible Assets	78.29	80.37	87.86	131.66	145.13	135.63
Long-Term Deferred Tax Assets	10.87	9.08	254.61	225.24	235.18	227.11
Long-Term Deferred Charges	29.68	36.33	64.56	61.93	48.43	30.89
Other Long-Term Assets	66.17	65.31	54.41	108.86	111.35	148.08
Total Assets	3,095	2,911	4,391	5,267	4,737	4,892
Accounts Payable	599.39	485.56	598.6	834.39	748.31	481.09
Accrued Expenses	72.48	73.17	61.61	83.34	78.21	82.17
Short-Term Debt	474.33	374.22	530.45	571.19	368.33	386.41
Current Portion of Long-Term Debt	125.89	0.11	0.13	154.98	0.16	0.16
Current Portion of Leases	-	140.12	138.53	86.6	154.86	143.94
Current Income Taxes Payable	22.91	13.06	10.04	10.6	12.69	21.51
Current Unearned Revenue	62.43	71.67	74.24	14.27	13.67	35.98
Other Current Liabilities	76.08	72.19	97.37	109.38	87.82	78.01
Total Current Liabilities	1,433	1,230	1,511	1,865	1,464	1,229
Long-Term Debt	120	120	120	305.7	120	120
Long-Term Leases	88.05	105.26	136.97	61.67	86.53	197.5
Long-Term Unearned Revenue	6.49	6.64	7.26	21.28	12.34	6.19
Long-Term Deferred Tax Liabilities	0.79	1	0.17	1.45	7.67	86.69
Total Liabilities	1,649	1,463	1,775	2,255	1,691	1,640
Common Stock	2,291	2,291	2,297	2,300	2,303	2,291
Additional Paid-In Capital	9.5	9.5	114.62	123.25	125.99	108.01
Retained Earnings	-34.17	-39.78	809.62	1,042	1,079	1,156
Treasury Stock	-30.55	-23.53	-24.45	-18.38	-24.12	-
Comprehensive Income & Other	-849.05	-848.85	-639.95	-493.25	-496.52	-419.88
Total Common Equity	1,387	1,389	2,556	2,954	2,987	3,135
Minority Interest	59.33	59.4	58.84	58.48	58.92	117.86
Shareholders' Equity	1,446	1,448	2,615	3,013	3,046	3,253
Total Liabilities & Equity	3,095	2,911	4,391	5,267	4,737	4,892
Total Debt	808.27	739.71	926.08	1,180	729.87	848
Net Cash (Debt)	-167.19	-225.51	257.48	238.22	233.08	194.79
Net Cash Growth	-	-	8.09%	2.20%	19.66%	-80.43%
Net Cash Per Share	-0.07	-0.10	0.11	0.08	0.15	0.08
Filing Date Shares Outstanding	2,800	2,281	2,291	2,300	2,303	2,291
Total Common Shares Outstanding	2,800	2,281	2,291	2,300	2,303	2,291
Working Capital	-102.76	-149.87	621.54	611.78	460.66	601.48
Book Value Per Share	0.50	0.61	1.12	1.28	1.30	1.37
Tangible Book Value	1,309	1,308	2,469	2,822	2,842	2,999
Tangible Book Value Per Share	0.47	0.57	1.08	1.23	1.23	1.31
Buildings	-	546.12	546.12	961.05	523.45	475.33
Machinery	-	113.48	130.37	132.83	273.58	272.1
Construction In Progress	-	-	-	-	146.66	19.85