SHA:600455 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	200.29	285.31	240.77	216.54	298.5	218.56
Cash & Short-Term Investments	200.29	285.31	240.77	216.54	298.5	218.56
Cash Growth	23.56%	18.50%	11.19%	-27.46%	36.58%	-31.91%
Accounts Receivable	0.42	0.58	0.34	1.04	3.66	3.56
Other Receivables	1.68	1.03	1.39	1.69	1.13	0.82
Receivables	2.1	1.62	1.73	2.73	4.79	4.38
Inventory	0.12	0.13	0.12	0.35	0.41	0.22
Prepaid Expenses	-	-	-	-	0	-
Other Current Assets	0.36	1.9	0.96	0.6	0.37	8.91
Total Current Assets	202.87	288.95	243.58	220.21	304.08	232.07
Property, Plant & Equipment	937.02	880.17	689.16	458.26	417.77	430.57
Long-Term Investments	4.67	4.67	4.67	5.06	5.06	5.06
Other Intangible Assets	248.03	249.23	254.49	259.68	203.2	207.02
Long-Term Deferred Charges	-	-	2.74	-	-	-
Other Long-Term Assets	0.73	1.01	7.7	47.89	1	1
Total Assets	1,393	1,424	1,202	991.1	931.11	875.71
Accounts Payable	144.68	122.5	104.64	7.08	-	-
Accrued Expenses	6.64	32.77	32.98	1.73	1.71	1.52
Short-Term Debt	-	319.92	311.61	303.45	315.54	307.64
Current Portion of Long-Term Debt	8.61	7.16	0.55	-	-	-
Current Unearned Revenue	126.27	203.75	191.04	182.11	165.16	152.55
Other Current Liabilities	414.28	103.82	114.83	107.97	99.91	103.61
Total Current Liabilities	700.66	789.92	755.65	602.33	582.33	565.31
Long-Term Debt	203.58	168.86	43.22	-	-	-
Long-Term Unearned Revenue	0.25	0.25	-	0.84	-	0.27
Other Long-Term Liabilities	-	-	-	-	1.7	1.7
Total Liabilities	904.49	959.03	798.87	603.17	584.03	567.28
Common Stock	62.46	62.46	62.46	62.46	62.46	62.46
Additional Paid-In Capital	145.66	145.66	145.66	145.66	145.66	145.66
Retained Earnings	134.03	117.01	72.6	60.85	32.47	5.63
Total Common Equity	342.15	325.13	280.72	268.97	240.59	213.75
Minority Interest	146.68	139.86	122.75	118.96	106.48	94.68
Shareholders' Equity	488.83	465	403.47	387.93	347.08	308.43
Total Liabilities & Equity	1,393	1,424	1,202	991.1	931.11	875.71
Total Debt	212.19	495.94	355.39	303.45	315.54	307.64
Net Cash (Debt)	-11.9	-210.64	-114.61	-86.91	-17.04	-89.08
Net Cash Per Share	-0.19	-3.37	-1.84	-1.39	-0.27	-1.43
Filing Date Shares Outstanding	62.46	62.46	62.46	62.46	62.46	62.46
Total Common Shares Outstanding	62.46	62.46	62.46	62.46	62.46	62.46
Working Capital	-497.8	-500.97	-512.07	-382.12	-278.25	-333.24
Book Value Per Share	5.48	5.21	4.49	4.31	3.85	3.42
Tangible Book Value	94.12	75.91	26.23	9.29	37.4	6.73
Tangible Book Value Per Share	1.51	1.22	0.42	0.15	0.60	0.11
Buildings	-	537.9	537.91	535.42	529.29	529.29
Machinery	-	121.44	116.42	113.88	113.11	110.89
Construction In Progress	-	484.87	284.71	44.57	1.78	1