SHA:600476 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	92.87	113.73	128.5	136.18	162.53	130.94
Trading Asset Securities	-	-	-	33.08	32.79	37.88
Cash & Short-Term Investments	92.87	113.73	128.5	169.26	195.32	168.82
Cash Growth	-10.02%	-11.49%	-24.08%	-13.34%	15.69%	7.24%
Accounts Receivable	161.81	154.84	347.64	292.41	177.47	192.62
Other Receivables	8.62	7.04	232.36	18.33	22.84	40.78
Receivables	170.43	161.88	580.01	310.73	200.31	233.41
Inventory	43.95	35.15	68.03	78.35	101.65	62.03
Other Current Assets	11.47	7.86	28.92	5.33	11.6	9.02
Total Current Assets	318.72	318.62	805.46	563.68	508.87	473.28
Property, Plant & Equipment	40.02	49.12	70.29	84.54	104.04	107.17
Long-Term Investments	11.98	11.98	12.11	10.48	10.37	8.88
Other Intangible Assets	14.69	16.23	22.51	27.42	15.89	11.33
Long-Term Deferred Tax Assets	1.46	1.46	6.94	7.23	5.87	3.47
Long-Term Deferred Charges	7.99	8.43	16.82	4.7	7.91	10.84
Other Long-Term Assets	38.02	34.08	40.49	353.92	29.79	10.1
Total Assets	432.87	439.92	974.61	1,052	682.74	625.07
Accounts Payable	191.02	235.95	285.96	341.51	171.53	186.08
Accrued Expenses	1.48	13.79	23.07	53.69	9.98	17.07
Short-Term Debt	497.24	291.39	297.03	374.46	324.78	208
Current Portion of Long-Term Debt	-	25.05	66.13	0.07	-	-
Current Portion of Leases	-	4.21	6.64	7.47	7.4	6.32
Current Income Taxes Payable	8.65	-	-	-	-	-
Current Unearned Revenue	12.01	14.27	37.53	18.18	10.14	4.7
Other Current Liabilities	110.39	240.8	120.56	40.4	5.71	4.87
Total Current Liabilities	820.8	825.47	836.93	835.79	529.54	427.05
Long-Term Debt	34.45	28	53.5	65	-	-
Long-Term Leases	4.6	5.52	9.54	10.67	17.87	23.64
Long-Term Unearned Revenue	2.75	3.05	1.06	1.54	0.77	1.33
Long-Term Deferred Tax Liabilities	2.1	2.1	3.26	7.68	8.21	9.08
Other Long-Term Liabilities	10.11	20.34	40.76	-	-	-
Total Liabilities	874.8	884.48	945.06	920.67	556.39	461.1
Common Stock	161.07	161.07	161.07	161.07	161.07	161.07
Additional Paid-In Capital	131.43	131.43	131.43	135.93	135.93	135.93
Retained Earnings	-738.24	-740.87	-266.87	-168.24	-173.53	-134.41
Comprehensive Income & Other	3.81	3.81	3.92	2.53	2.87	1.38
Total Common Equity	-441.93	-444.56	29.56	131.3	126.35	163.97
Shareholders' Equity	-441.93	-444.56	29.56	131.3	126.35	163.97
Total Liabilities & Equity	432.87	439.92	974.61	1,052	682.74	625.07
Total Debt	536.29	354.18	432.84	457.67	350.05	237.96
Net Cash (Debt)	-443.42	-240.44	-304.34	-288.41	-154.73	-69.14
Net Cash Per Share	-2.73	-1.49	-1.89	-1.80	-0.96	-0.44
Filing Date Shares Outstanding	161.07	161.07	161.07	161.07	161.07	161.07
Total Common Shares Outstanding	161.07	161.07	161.07	161.07	161.07	161.07
Working Capital	-502.08	-506.85	-31.46	-272.11	-20.67	46.23
Book Value Per Share	-2.74	-2.76	0.18	0.82	0.78	1.02
Tangible Book Value	-456.62	-460.79	7.05	103.88	110.45	152.64
Tangible Book Value Per Share	-2.83	-2.86	0.04	0.64	0.69	0.95
Buildings	-	60.37	60.37	61.35	58.49	60.67
Machinery	-	88.29	89.34	113.3	113.16	96.1