SHA:600696 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	5.14	4.12	18.42	53.54	202.3	66.27
Cash & Short-Term Investments	5.14	4.12	18.42	53.54	202.3	66.27
Cash Growth	-71.53%	-77.65%	-65.60%	-73.53%	205.25%	97.13%
Accounts Receivable	2.65	1.92	1.79	4.8	26.6	10.5
Other Receivables	1.81	1.89	4.74	29.62	16.35	14.1
Receivables	4.46	3.8	6.53	34.42	42.95	24.59
Inventory	416.15	436.49	526.26	609.62	474.05	351.16
Prepaid Expenses	-	-	0.02	4.79	6.85	2.62
Other Current Assets	103.96	102.96	101.21	108.83	116.59	118.64
Total Current Assets	529.71	547.37	652.44	811.2	842.73	563.29
Property, Plant & Equipment	1,020	1,024	1,079	1,055	399.4	305.75
Long-Term Investments	22.52	24.83	50.73	78.21	73.84	84.44
Other Intangible Assets	165.04	165.96	171.77	175.76	71.28	25.28
Long-Term Deferred Tax Assets	-	-	-	70.96	45.89	34.81
Long-Term Deferred Charges	0.71	0.9	1.75	6.35	8.32	5.59
Other Long-Term Assets	124.15	124.15	76.84	86.29	87.08	87.49
Total Assets	1,863	1,887	2,033	2,284	1,529	1,107
Accounts Payable	725.6	733.31	613.56	483.6	118.22	60.91
Accrued Expenses	96.76	307.06	211.47	103.88	64.65	51.38
Short-Term Debt	252.54	312.96	332.47	301.36	394.99	161.57
Current Portion of Long-Term Debt	-	0.23	2.74	-	-	-
Current Portion of Leases	-	1.16	1.66	10.5	8.75	2.78
Current Income Taxes Payable	211.77	57.36	56.39	47.01	28.95	20.64
Current Unearned Revenue	88.21	88.61	95.99	229.99	127.7	115.08
Other Current Liabilities	236.44	97.38	97.87	207.75	111.96	64.61
Total Current Liabilities	1,611	1,598	1,412	1,384	855.23	476.96
Long-Term Debt	-	-	0.23	-	-	-
Long-Term Leases	-	-	-	14.34	17.8	-
Long-Term Unearned Revenue	0.16	0.16	0.17	0.18	0.18	0.19
Long-Term Deferred Tax Liabilities	6.02	6.11	11.64	20.37	22.73	15.79
Other Long-Term Liabilities	31.59	31.59	24.84	-	-	-
Total Liabilities	1,649	1,636	1,449	1,419	895.94	492.94
Common Stock	334.47	334.47	334.47	334.47	334.47	334.47
Additional Paid-In Capital	145.43	145.43	145.43	132.16	128.55	135.66
Retained Earnings	-365.83	-332.54	-66.46	150.89	63.82	26.44
Comprehensive Income & Other	-14.17	-14.17	-14.17	-14.17	-14.17	-14.17
Total Common Equity	99.9	133.19	399.27	603.35	512.67	482.4
Minority Interest	113.53	117.88	184.5	261.47	119.94	131.32
Shareholders' Equity	213.43	251.07	583.77	864.83	632.61	613.72
Total Liabilities & Equity	1,863	1,887	2,033	2,284	1,529	1,107
Total Debt	252.54	314.34	337.1	326.19	421.54	164.34
Net Cash (Debt)	-247.4	-310.23	-318.68	-272.65	-219.24	-98.07
Net Cash Per Share	-0.74	-0.93	-0.95	-0.81	-0.65	-0.30
Filing Date Shares Outstanding	334.47	334.47	334.47	334.47	334.47	334.47
Total Common Shares Outstanding	334.47	334.47	334.47	334.47	334.47	334.47
Working Capital	-1,082	-1,051	-759.71	-572.87	-12.5	86.33
Book Value Per Share	0.30	0.40	1.19	1.80	1.53	1.44
Tangible Book Value	-65.14	-32.77	227.5	427.59	441.39	457.12
Tangible Book Value Per Share	-0.19	-0.10	0.68	1.28	1.32	1.37
Buildings	-	280.71	294.93	299.36	274.33	279.62
Machinery	-	49.49	48.75	52.22	42.87	41.04
Construction In Progress	-	840.25	869.6	802.01	162.3	76.23