SHA:600716 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	397.45	571.58	628.8	1,055	982.24	1,855
Short-Term Investments	-	9.04	-	-	-	-
Trading Asset Securities	-	-	-	-	170.22	228.54
Cash & Short-Term Investments	397.45	580.62	628.8	1,055	1,152	2,083
Cash Growth	-36.28%	-7.66%	-40.40%	-8.45%	-44.67%	-26.73%
Accounts Receivable	4.34	25.71	33.45	31.27	22.22	51.54
Other Receivables	14.01	47.38	78.89	8.37	34.12	5.13
Receivables	18.35	73.09	112.34	39.65	56.34	56.67
Inventory	3,291	3,400	3,968	4,495	4,676	3,027
Prepaid Expenses	-	48.1	41.6	41.07	72.03	92.21
Other Current Assets	285.19	92.45	77.49	59.82	50.22	77.56
Total Current Assets	3,992	4,194	4,828	5,690	6,007	5,336
Property, Plant & Equipment	126.74	128.74	163.5	15.86	17.94	21.62
Long-Term Investments	1,278	1,381	1,510	1,392	1,383	1,729
Other Intangible Assets	3.94	4.02	3.34	3.51	3.67	3.83
Long-Term Accounts Receivable	-	74.29	150.89	182.45	211.92	237.85
Long-Term Deferred Tax Assets	13.73	13.75	17.6	28.93	36.65	71.75
Long-Term Deferred Charges	0.15	0.18	0.17	0.61	0.7	1.12
Other Long-Term Assets	899.94	852.05	750.12	586.85	477.29	464.36
Total Assets	6,314	6,648	7,424	7,901	8,139	7,865
Accounts Payable	107.58	241.25	175.91	40.99	175.47	229.61
Accrued Expenses	3.93	20.92	22.58	18.77	12.4	95.3
Short-Term Debt	-	1,000	1,100	1,500	-	-
Current Portion of Long-Term Debt	292.6	255.47	88.34	302.16	157.43	150.51
Current Portion of Leases	-	33.54	31.52	30.22	28.85	28.56
Current Income Taxes Payable	2.95	0	12.46	1.17	2.88	34.4
Current Unearned Revenue	16.37	67.46	133.13	177.13	214.71	530.1
Other Current Liabilities	1,031	29.74	52.45	49.92	1,540	226.42
Total Current Liabilities	1,455	1,648	1,616	2,120	2,132	1,295
Long-Term Debt	88	88	343.2	211.76	422.34	200
Long-Term Leases	100.14	108.63	142.21	173.16	203.38	232.35
Long-Term Unearned Revenue	-	-	-	-	-	2.79
Long-Term Deferred Tax Liabilities	223.08	248.91	284.09	262.38	262.12	366.07
Other Long-Term Liabilities	-	-	-	-	-	0.14
Total Liabilities	1,866	2,094	2,386	2,768	3,020	2,096
Common Stock	936.06	936.06	936.06	936.06	936.06	936.06
Additional Paid-In Capital	1,480	1,480	1,480	1,480	1,480	1,480
Retained Earnings	1,335	1,363	1,750	1,934	1,926	2,318
Comprehensive Income & Other	697.91	775.03	871.82	783.63	777.09	1,036
Total Common Equity	4,448	4,554	5,038	5,133	5,119	5,769
Shareholders' Equity	4,448	4,554	5,038	5,133	5,119	5,769
Total Liabilities & Equity	6,314	6,648	7,424	7,901	8,139	7,865
Total Debt	480.74	1,486	1,705	2,217	812	611.43
Net Cash (Debt)	-83.29	-905.03	-1,076	-1,162	340.46	1,472
Net Cash Growth	-	-	-	-	-76.87%	-45.01%
Net Cash Per Share	-0.09	-0.97	-1.15	-1.24	0.36	1.57
Filing Date Shares Outstanding	934.66	936.06	936.06	936.06	936.06	936.06
Total Common Shares Outstanding	934.66	936.06	936.06	936.06	936.06	936.06
Working Capital	2,537	2,545	3,212	3,570	3,875	4,041
Book Value Per Share	4.76	4.86	5.38	5.48	5.47	6.16
Tangible Book Value	4,444	4,550	5,034	5,130	5,115	5,765
Tangible Book Value Per Share	4.76	4.86	5.38	5.48	5.46	6.16
Buildings	-	172.56	178.56	23.84	23.84	23.84
Machinery	-	-12.22	9.49	9.43	8.95	9.92

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