SHA:600463 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	53.22	77.02	77.45	119.16	155.02	222.27
Cash & Short-Term Investments	53.22	77.02	77.45	119.16	155.02	222.27
Cash Growth	-64.85%	-0.55%	-35.00%	-23.13%	-30.26%	-36.55%
Accounts Receivable	1,179	1,109	1,077	987.94	858.36	863.27
Other Receivables	132.82	130.29	119.74	116.66	264.96	369.01
Receivables	1,312	1,239	1,197	1,105	1,123	1,232
Inventory	347.36	347.28	340.96	334.26	345.72	315.15
Prepaid Expenses	-	0.04	0.04	0.05	0.03	0.87
Other Current Assets	55.95	60.93	55.76	34.6	38.11	46.06
Total Current Assets	1,769	1,724	1,671	1,593	1,662	1,817
Property, Plant & Equipment	96.1	99.71	99.48	155.31	179.65	180.13
Long-Term Investments	72.35	74.28	86.2	91.51	98.97	136.67
Other Intangible Assets	3.99	4.13	3.91	5.8	8.36	10.53
Long-Term Deferred Tax Assets	55.08	53.54	60.81	39.43	39.8	58.35
Long-Term Deferred Charges	113.82	118.18	130.84	34.85	44.83	50.36
Other Long-Term Assets	612.78	618.36	627.21	522.81	530.02	658.14
Total Assets	2,723	2,693	2,679	2,442	2,564	2,911
Accounts Payable	497.5	497.6	478.2	437.88	347.72	396.15
Accrued Expenses	11.78	23.87	31.9	7.76	6.34	5.62
Short-Term Debt	458.66	473.61	508.09	580.9	807.3	775.27
Current Portion of Long-Term Debt	29.58	12.48	83.13	37.83	20.56	41.06
Current Portion of Leases	-	17.07	12.65	4.25	8.63	3.18
Current Income Taxes Payable	12.8	4.76	1.52	0.33	1.43	2.81
Current Unearned Revenue	77.73	106.78	109.7	56.4	80.06	276.47
Other Current Liabilities	666.96	573.67	171.15	53.98	62.88	99.97
Total Current Liabilities	1,755	1,710	1,396	1,179	1,335	1,601
Long-Term Debt	36.65	53.65	147.73	131	20.5	41.06
Long-Term Leases	26.77	26.53	24.36	1.79	7.42	9.11
Long-Term Unearned Revenue	28.57	29.66	34.01	4.71	4.87	7.6
Long-Term Deferred Tax Liabilities	8.77	9.59	9.88	5.58	7.81	10.83
Total Liabilities	1,856	1,829	1,612	1,322	1,376	1,669
Common Stock	300	300	300	300	300	300
Additional Paid-In Capital	499.23	499.23	573.65	509.02	509.02	509.02
Retained Earnings	92.15	85.68	187.62	282.51	382.49	414.4
Comprehensive Income & Other	-3.75	-3.75	-3.75	-3.75	-3.75	-3.75
Total Common Equity	887.63	881.16	1,058	1,088	1,188	1,220
Minority Interest	-20.5	-17.77	9.58	32.21	0.53	21.98
Shareholders' Equity	867.13	863.39	1,067	1,120	1,188	1,242
Total Liabilities & Equity	2,723	2,693	2,679	2,442	2,564	2,911
Total Debt	551.67	583.34	775.96	755.76	864.42	869.69
Net Cash (Debt)	-498.44	-506.32	-698.51	-636.6	-709.41	-647.42
Net Cash Per Share	-1.66	-1.69	-2.33	-2.12	-2.37	-2.16
Filing Date Shares Outstanding	300	300	300	300	300	300
Total Common Shares Outstanding	300	300	300	300	300	300
Working Capital	13.75	14.62	274.62	413.36	327.27	216.09
Book Value Per Share	2.96	2.94	3.53	3.63	3.96	4.07
Tangible Book Value	883.64	877.02	1,054	1,082	1,179	1,209
Tangible Book Value Per Share	2.95	2.92	3.51	3.61	3.93	4.03
Buildings	-	17.58	17.58	46.88	52.27	52.27
Machinery	-	258.87	264.68	123.95	124.32	120.61
Construction In Progress	-	7.65	4.01	96.76	99.32	86.46