SHA:600653 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	221.14	247.31	383.04	211.18	307.67	346.28
Trading Asset Securities	19.5	-	-	-	-	20
Cash & Short-Term Investments	240.64	247.31	383.04	211.18	307.67	366.28
Cash Growth	-23.01%	-35.44%	81.38%	-31.36%	-16.00%	-6.74%
Accounts Receivable	148.68	150.48	231.82	204.91	200.72	191.99
Other Receivables	39.54	37.14	51.48	66.08	25.65	43.14
Receivables	188.22	187.63	283.3	270.99	226.37	235.13
Inventory	775.9	772.67	856.55	936.92	1,135	1,330
Prepaid Expenses	-	9.74	6.3	5.94	5.09	5.33
Other Current Assets	126.78	210.75	274.13	221.65	286.3	341.32
Total Current Assets	1,332	1,428	1,803	1,647	1,961	2,278
Property, Plant & Equipment	506.34	523.77	573.72	676.57	720.47	750.17
Long-Term Investments	426	425.01	417.01	435.74	503.01	540.99
Goodwill	-	-	18.29	18.29	48.45	64.79
Other Intangible Assets	212.47	211.26	217.07	261.59	280.29	288.62
Long-Term Accounts Receivable	-	22.74	21.7	21.01	19.76	18.7
Long-Term Deferred Tax Assets	20.82	20.82	45.57	39.96	18.18	10.1
Long-Term Deferred Charges	17.06	17.98	19.02	18.53	33.1	31.96
Other Long-Term Assets	203.35	182.19	189.57	196.18	205.15	207.57
Total Assets	2,718	2,832	3,305	3,315	3,789	4,191
Accounts Payable	199.02	292.55	372.12	150.24	270.47	371.9
Accrued Expenses	14.29	369.05	398.18	394.77	39.01	63.71
Short-Term Debt	411.32	395.98	493.49	556.63	902.04	856.09
Current Portion of Long-Term Debt	22.58	28.68	28.86	79.02	99.09	69.15
Current Portion of Leases	-	4.76	6.01	2.66	9.99	4.39
Current Income Taxes Payable	13.24	7.3	17.28	25.44	29.67	69.95
Current Unearned Revenue	77.39	70.61	72.46	116.86	136.59	171.87
Other Current Liabilities	396.83	61.31	69.77	89.72	88.84	98.03
Total Current Liabilities	1,135	1,230	1,458	1,415	1,576	1,705
Long-Term Debt	718.75	718.75	746.25	773.75	791.25	868.65
Long-Term Leases	76.87	76.74	82.72	83.91	55.74	55.29
Long-Term Unearned Revenue	6.42	6.48	6.7	30.44	34.21	33.68
Long-Term Deferred Tax Liabilities	36.51	36.68	41.35	46.08	30.15	27.72
Other Long-Term Liabilities	12.03	12.02	11.99	15.62	60.26	52.37
Total Liabilities	1,985	2,081	2,347	2,365	2,547	2,743
Common Stock	1,946	1,946	1,946	1,946	1,946	1,946
Additional Paid-In Capital	336.93	336.93	336.93	336.93	355.91	355.91
Retained Earnings	-1,661	-1,639	-1,460	-1,499	-1,300	-1,127
Comprehensive Income & Other	3.01	3.01	-2.17	-0.86	-5.9	0.36
Total Common Equity	625.5	647.75	820.89	783.69	996.41	1,175
Minority Interest	106.85	103.19	137.18	165.73	245.41	272.92
Shareholders' Equity	732.35	750.94	958.07	949.42	1,242	1,448
Total Liabilities & Equity	2,718	2,832	3,305	3,315	3,789	4,191
Total Debt	1,230	1,225	1,357	1,496	1,858	1,854
Net Cash (Debt)	-988.87	-977.61	-974.3	-1,285	-1,550	-1,487
Net Cash Per Share	-0.51	-0.50	-0.50	-0.66	-0.80	-0.76
Filing Date Shares Outstanding	1,946	1,946	1,946	1,946	1,946	1,946
Total Common Shares Outstanding	1,946	1,946	1,946	1,946	1,946	1,946
Working Capital	196.87	197.85	345.14	231.35	385.04	573.09
Book Value Per Share	0.32	0.33	0.42	0.40	0.51	0.60
Tangible Book Value	413.03	436.49	585.53	503.81	667.67	821.97
Tangible Book Value Per Share	0.21	0.22	0.30	0.26	0.34	0.42
Buildings	-	487.96	486.32	602.49	651.43	661.15
Machinery	-	389.01	411.65	498.09	529.65	530.48
Construction In Progress	-	-	0.06	0.05	9.48	0.52