SHA:600576 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	299.51	330.39	225.67	524.88	658.47	397.03
Short-Term Investments	-	-	-	-	50	-
Trading Asset Securities	-	-	-	3.61	3.9	2.76
Cash & Short-Term Investments	299.51	330.39	225.67	528.5	712.38	399.79
Cash Growth	-27.79%	46.40%	-57.30%	-25.81%	78.19%	36.56%
Accounts Receivable	58.24	58.67	59.52	52.34	279.83	308.45
Other Receivables	27.94	26.66	413.9	72.92	66.19	15.02
Receivables	86.18	85.33	473.43	125.27	346.02	323.48
Inventory	131.2	134.13	113.09	96.5	98.35	24.63
Other Current Assets	62.65	39.43	30.33	30.39	665.65	810.73
Total Current Assets	579.55	589.28	842.52	780.66	1,822	1,559
Property, Plant & Equipment	1,896	1,850	1,631	741.51	524.35	255.23
Long-Term Investments	172.12	173.34	68.02	68.05	68.08	67.92
Goodwill	759.76	761.5	725.83	532.25	328.95	344.41
Other Intangible Assets	1,452	1,465	1,506	1,190	891.8	886.77
Long-Term Accounts Receivable	-	-	67.33	70.13	127	121.4
Long-Term Deferred Tax Assets	55.76	52.15	45.74	29.01	50.71	38.92
Long-Term Deferred Charges	201.6	186.49	185.89	139.61	123.8	1.24
Other Long-Term Assets	125.78	134.23	147.13	253.31	175.87	2.18
Total Assets	5,242	5,212	5,219	3,805	4,113	3,277
Accounts Payable	209.77	214.97	187.37	60.49	66.65	69.97
Accrued Expenses	19.55	31.88	23.32	22.5	17.25	11.75
Short-Term Debt	198.48	200.13	154.15	131.78	180.71	27.09
Current Portion of Long-Term Debt	272.55	253.8	132.52	88.21	110.38	80.52
Current Portion of Leases	-	4.41	5.01	2.59	3.83	2.12
Current Income Taxes Payable	31.55	23.19	13.02	8.17	17.02	15.88
Current Unearned Revenue	37.78	32.34	10.15	6.54	14.39	29.66
Other Current Liabilities	161.28	171.71	155.72	55.46	62.67	81.39
Total Current Liabilities	930.95	932.43	681.26	375.75	472.89	318.37
Long-Term Debt	968.03	948.55	858.2	157.5	133.72	241.04
Long-Term Leases	31.67	30.57	28.71	15.6	19.49	7.73
Long-Term Unearned Revenue	1.38	1.45	1.63	0.75	0.91	-
Long-Term Deferred Tax Liabilities	296.1	296.74	297.71	276.63	215.55	209.58
Other Long-Term Liabilities	154.24	158.66	156.37	96.86	75.5	69.52
Total Liabilities	2,382	2,368	2,024	923.09	918.06	846.23
Common Stock	1,055	1,055	1,055	1,067	1,067	619.4
Additional Paid-In Capital	1,665	1,665	2,602	2,547	3,079	2,732
Retained Earnings	-78.59	-95.99	-682.67	-828.18	-983.07	-961.24
Treasury Stock	-54.07	-46.21	-	-	-	-
Total Common Equity	2,588	2,578	2,974	2,786	3,164	2,390
Minority Interest	271.69	265.97	221.7	95.67	31.25	40.44
Shareholders' Equity	2,860	2,844	3,195	2,881	3,195	2,430
Total Liabilities & Equity	5,242	5,212	5,219	3,805	4,113	3,277
Total Debt	1,471	1,437	1,179	395.68	448.12	358.49
Net Cash (Debt)	-1,171	-1,107	-952.92	132.81	264.26	41.3
Net Cash Growth	-	-	-	-49.74%	539.91%	-85.64%
Net Cash Per Share	-1.15	-1.07	-0.92	0.12	0.27	0.04
Filing Date Shares Outstanding	904.61	1,048	1,055	1,067	1,067	619.4
Total Common Shares Outstanding	904.61	1,048	1,055	1,067	1,067	619.4
Working Capital	-351.41	-343.15	161.26	404.91	1,350	1,240
Book Value Per Share	2.86	2.46	2.82	2.61	2.96	3.86
Tangible Book Value	376.3	350.67	741.9	1,064	1,943	1,159
Tangible Book Value Per Share	0.42	0.33	0.70	1.00	1.82	1.87
Buildings	-	1,330	1,237	747.58	455.92	175.45
Machinery	-	689.61	624.6	325.01	281.04	242.94
Construction In Progress	-	291.46	160.83	11.96	5.27	3.5

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