SHA:600715 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	879.73	988.33	98.57	140.5	95.67
Short-Term Investments	-	-	-	4	11.7
Trading Asset Securities	-	-	1.04	1.04	890.95
Cash & Short-Term Investments	879.73	988.33	99.61	145.54	998.32
Cash Growth	-10.99%	892.23%	-31.56%	-85.42%	-34.89%
Accounts Receivable	41.86	39.56	195.03	129.79	399.75
Other Receivables	173.52	221.68	124.66	146.07	181.85
Receivables	215.39	261.24	319.69	275.87	581.59
Inventory	3.14	2.93	148.79	334.5	239.73
Prepaid Expenses	0.28	-	-	-	-
Other Current Assets	9.38	6.3	38.45	90.84	839.9
Total Current Assets	1,108	1,259	606.54	846.75	2,660
Property, Plant & Equipment	194.03	235.99	532.45	905.33	1,111
Long-Term Investments	35.49	11.99	343.44	619.92	665.89
Goodwill	166.28	183.86	586.67	1,473	1,829
Other Intangible Assets	41.19	44.22	802.89	921.49	424.65
Long-Term Deferred Tax Assets	5.88	1.93	27.16	26.56	2.87
Long-Term Deferred Charges	27.37	39	83.65	179.4	374.17
Other Long-Term Assets	2.83	4.36	22.7	76.28	151.75
Total Assets	1,581	1,780	3,005	5,049	7,219
Accounts Payable	15.84	14.13	69.57	80.06	131.01
Accrued Expenses	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	-	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	22.92	22.71	103.53	103.59	104.17
Current Unearned Revenue	112.73	126.31	304.9	456.2	417.02
Other Current Liabilities	107.63	122.71	270.11	251.08	175.22
Total Current Liabilities	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	156.95	201.99	507.57	868.8	966.75
Long-Term Unearned Revenue	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	9.74	17.15	290.72	9.22	-
Total Liabilities	503.31	670.25	4,154	4,256	5,099
Common Stock	4,060	4,060	1,855	1,855	1,855
Additional Paid-In Capital	6,431	6,431	4,884	4,884	4,884
Retained Earnings	-8,814	-8,769	-7,462	-5,810	-4,539
Treasury Stock	-572.54	-572.54	-	-	-
Comprehensive Income & Other	-20.73	-34.23	-314.35	-90.01	-60.76
Total Common Equity	1,084	1,116	-1,037	838.18	2,139
Minority Interest	-6.61	-6.02	-110.6	-45	-19.67
Shareholders' Equity	1,078	1,110	-1,148	793.18	2,119
Total Liabilities & Equity	1,581	1,780	3,005	5,049	7,219
Total Debt	194.18	288.32	2,763	3,094	4,019
Net Cash (Debt)	685.55	700.02	-2,664	-2,948	-3,021
Net Cash Growth	-2.07%	-	-	-	-
Net Cash Per Share	0.15	0.18	-0.66	-0.73	-0.75
Filing Date Shares Outstanding	4,060	2,754	4,060	4,060	4,060
Total Common Shares Outstanding	4,060	2,754	4,060	4,060	4,060
Working Capital	774.33	839.9	-2,610	-2,405	-1,117
Book Value Per Share	0.27	0.41	-0.26	0.21	0.53
Tangible Book Value	876.84	887.84	-2,427	-1,557	-114.73
Tangible Book Value Per Share	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.