SHA:600715 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	704.84	879.73	988.33	98.57	140.5	95.67
Short-Term Investments	-	-	-	-	4	11.7
Trading Asset Securities	220.07	-	-	1.04	1.04	890.95
Cash & Short-Term Investments	924.91	879.73	988.33	99.61	145.54	998.32
Cash Growth	-5.32%	-10.99%	892.23%	-31.56%	-85.42%	-34.89%
Accounts Receivable	49.9	41.86	39.56	195.03	129.79	399.75
Other Receivables	98.76	173.52	221.68	124.66	146.07	181.85
Receivables	148.66	215.39	261.24	319.69	275.87	581.59
Inventory	4.87	3.14	2.93	148.79	334.5	239.73
Prepaid Expenses	-	0.28	-	-	-	-
Other Current Assets	23.49	9.38	6.3	38.45	90.84	839.9
Total Current Assets	1,102	1,108	1,259	606.54	846.75	2,660
Property, Plant & Equipment	189.65	194.03	235.99	532.45	905.33	1,111
Long-Term Investments	35.49	35.49	11.99	343.44	619.92	665.89
Goodwill	166.28	166.28	183.86	586.67	1,473	1,829
Other Intangible Assets	40.26	41.19	44.22	802.89	921.49	424.65
Long-Term Deferred Tax Assets	5.97	5.88	1.93	27.16	26.56	2.87
Long-Term Deferred Charges	24.51	27.37	39	83.65	179.4	374.17
Other Long-Term Assets	3.28	2.83	4.36	22.7	76.28	151.75
Total Assets	1,567	1,581	1,780	3,005	5,049	7,219
Accounts Payable	34.74	15.84	14.13	69.57	80.06	131.01
Accrued Expenses	9.12	37.83	73.16	287.98	208.32	240.63
Short-Term Debt	-	-	-	2,032	1,803	1,945
Current Portion of Long-Term Debt	36.99	-	13.02	76.12	253.39	676.19
Current Portion of Leases	-	36.65	46.87	72.6	96.48	87.47
Current Income Taxes Payable	33.27	22.92	22.71	103.53	103.59	104.17
Current Unearned Revenue	118.41	112.73	126.31	304.9	456.2	417.02
Other Current Liabilities	95.27	107.63	122.71	270.11	251.08	175.22
Total Current Liabilities	327.79	333.6	418.92	3,217	3,252	3,777
Long-Term Debt	-	0.58	26.43	75.12	72.12	343.92
Long-Term Leases	152.7	156.95	201.99	507.57	868.8	966.75
Long-Term Unearned Revenue	2.16	2.44	5.74	39.22	30.2	12.01
Long-Term Deferred Tax Liabilities	-	-	0.01	24.06	23.24	-
Other Long-Term Liabilities	10.22	9.74	17.15	290.72	9.22	-
Total Liabilities	492.87	503.31	670.25	4,154	4,256	5,099
Common Stock	4,060	4,060	4,060	1,855	1,855	1,855
Additional Paid-In Capital	6,431	6,431	6,431	4,884	4,884	4,884
Retained Earnings	-8,817	-8,814	-8,769	-7,462	-5,810	-4,539
Treasury Stock	-572.54	-572.54	-572.54	-	-	-
Comprehensive Income & Other	-20.73	-20.73	-34.23	-314.35	-90.01	-60.76
Total Common Equity	1,081	1,084	1,116	-1,037	838.18	2,139
Minority Interest	-6.57	-6.61	-6.02	-110.6	-45	-19.67
Shareholders' Equity	1,075	1,078	1,110	-1,148	793.18	2,119
Total Liabilities & Equity	1,567	1,581	1,780	3,005	5,049	7,219
Total Debt	189.69	194.18	288.32	2,763	3,094	4,019
Net Cash (Debt)	735.22	685.55	700.02	-2,664	-2,948	-3,021
Net Cash Growth	3.26%	-2.07%	-	-	-	-
Net Cash Per Share	0.16	0.15	0.18	-0.66	-0.73	-0.75
Filing Date Shares Outstanding	3,598	4,060	2,754	4,060	4,060	4,060
Total Common Shares Outstanding	3,598	4,060	2,754	4,060	4,060	4,060
Working Capital	774.15	774.33	839.9	-2,610	-2,405	-1,117
Book Value Per Share	0.30	0.27	0.41	-0.26	0.21	0.53
Tangible Book Value	874.54	876.84	887.84	-2,427	-1,557	-114.73
Tangible Book Value Per Share	0.24	0.22	0.32	-0.60	-0.38	-0.03
Buildings	-	63.09	63.09	63.09	63.09	63.09
Machinery	-	198.11	226.09	382.71	458.04	489.93
Construction In Progress	-	-	-	4.99	1.37	1

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