SHA:600706 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	30.29	74	122.3	158.11	164.4	398.9
Cash & Short-Term Investments	30.29	74	122.3	158.11	164.4	398.9
Cash Growth	-82.66%	-39.49%	-22.65%	-3.83%	-58.79%	-24.66%
Accounts Receivable	198.51	162.03	819.5	1,039	1,091	1,000
Other Receivables	7.49	167.06	29.16	106.62	36.55	35.25
Receivables	206	329.09	848.66	1,146	1,128	1,036
Inventory	49.66	46.1	67.02	154.88	107.56	54.95
Prepaid Expenses	-	0.01	0.33	0.18	-	0.01
Other Current Assets	178.01	59.67	74.95	117.56	53.16	54.77
Total Current Assets	463.97	508.87	1,113	1,577	1,453	1,544
Property, Plant & Equipment	1,297	1,285	1,407	1,451	1,551	1,597
Long-Term Investments	1.01	1.01	6.82	6.29	4.99	5.05
Goodwill	-	-	45.73	45.78	45.78	45.78
Other Intangible Assets	94.61	96.32	105.65	113.77	125.39	133.98
Long-Term Deferred Tax Assets	27.16	27.16	114.76	114.62	89.64	31.61
Long-Term Deferred Charges	133.83	141.43	189.78	279.22	339.76	387.21
Other Long-Term Assets	366.67	396.52	47.41	52.57	56.67	11.26
Total Assets	2,384	2,456	3,031	3,640	3,666	3,756
Accounts Payable	729.96	716.07	812.16	1,088	978.97	1,011
Accrued Expenses	77.89	93.18	89.82	105.18	78.84	88.76
Short-Term Debt	188.42	182.43	220.34	323.47	353.29	130.36
Current Portion of Long-Term Debt	194.01	186.1	157.52	102.59	83.22	71.9
Current Portion of Leases	-	19.42	17.05	8.66	22.02	16.71
Current Income Taxes Payable	12.59	1.37	3	3.89	1.36	4.06
Current Unearned Revenue	45.82	90.1	139.4	181.75	42.64	26.54
Other Current Liabilities	123.39	127.99	178.37	188.79	140.63	121.21
Total Current Liabilities	1,372	1,417	1,618	2,003	1,701	1,470
Long-Term Debt	499	514	654	774	875.5	958
Long-Term Leases	60.34	58.04	28.15	26.65	48.36	75.16
Long-Term Unearned Revenue	4.97	5.06	5.02	5.83	13.25	13.94
Long-Term Deferred Tax Liabilities	0	0	10.24	8.35	16.72	2.9
Other Long-Term Liabilities	2.1	2.1	2.73	2.6	4.1	2.1
Total Liabilities	1,938	1,996	2,318	2,820	2,659	2,523
Common Stock	255.06	255.06	255.06	255.06	255.06	255.06
Additional Paid-In Capital	617.86	617.86	617.86	594.32	594.32	594.32
Retained Earnings	-424.11	-409.69	-213.45	-82.12	113.26	361.12
Total Common Equity	448.81	463.23	659.47	767.26	962.64	1,210
Minority Interest	-3.13	-3.16	53.53	52.37	44.29	22.64
Shareholders' Equity	445.68	460.08	713.01	819.63	1,007	1,233
Total Liabilities & Equity	2,384	2,456	3,031	3,640	3,666	3,756
Total Debt	941.76	959.99	1,077	1,235	1,382	1,252
Net Cash (Debt)	-911.48	-885.98	-954.77	-1,077	-1,218	-853.23
Net Cash Per Share	-3.63	-3.48	-3.71	-4.25	-4.76	-3.46
Filing Date Shares Outstanding	240.39	255.06	255.06	255.06	255.06	255.06
Total Common Shares Outstanding	240.39	255.06	255.06	255.06	255.06	255.06
Working Capital	-908.12	-907.78	-504.4	-426.01	-248.12	73.69
Book Value Per Share	1.87	1.82	2.59	3.01	3.77	4.75
Tangible Book Value	354.2	366.91	508.1	607.71	791.46	1,031
Tangible Book Value Per Share	1.47	1.44	1.99	2.38	3.10	4.04
Buildings	-	1,361	1,379	1,363	1,345	1,356
Machinery	-	530.01	564.72	587.83	238.8	515.71
Construction In Progress	-	-	25.48	2.73	8.26	5.8

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