SHA:600892 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	31.29	51.86	57.79	79.51	65.25	112.36
Trading Asset Securities	-	-	1.12	0.97	1.89	17.27
Cash & Short-Term Investments	31.29	51.86	58.91	80.48	67.14	129.63
Cash Growth	-43.14%	-11.97%	-26.80%	19.88%	-48.21%	-17.34%
Accounts Receivable	55.03	53.8	22.05	13.98	15.31	20.66
Other Receivables	7.72	12.28	11.55	3.85	7	8.98
Receivables	62.76	66.08	33.6	17.83	22.31	29.64
Inventory	116.2	123.04	31.38	19.51	21.93	24.79
Prepaid Expenses	-	-	0.1	0.25	-	0.59
Other Current Assets	100.59	84.68	73.06	15.29	11.12	20.75
Total Current Assets	310.84	325.66	197.05	133.35	122.49	205.4
Property, Plant & Equipment	36.13	37.73	7.15	10.18	15.07	14.34
Long-Term Investments	2.41	-	-	7.99	8.13	1.18
Goodwill	110.51	110.51	110.51	137.53	159.13	158.98
Other Intangible Assets	0.76	1.45	0.36	0.07	0.36	0.41
Long-Term Deferred Tax Assets	21.23	21.31	20.62	18.91	15.63	12.26
Long-Term Deferred Charges	0.57	0.62	0.61	1.07	1.51	1.24
Other Long-Term Assets	-	-	-	-	60.43	63.39
Total Assets	482.45	497.29	336.31	309.09	382.75	457.21
Accounts Payable	66.08	66.15	47.98	46.57	48.05	49.46
Accrued Expenses	12.16	13.58	28.21	23.44	44.3	52.56
Short-Term Debt	12.41	23.42	80.49	10.02	20.04	20.03
Current Portion of Long-Term Debt	10.18	10.48	-	-	-	80.14
Current Portion of Leases	-	-	3.4	4.13	4.27	3.33
Current Income Taxes Payable	2.23	3.99	2.86	7.92	0	2.76
Current Unearned Revenue	97.5	99.98	50.98	36.3	35.94	36.43
Other Current Liabilities	245.32	238.04	12.51	3.85	12.99	8.03
Total Current Liabilities	445.88	455.64	226.44	132.23	165.59	252.75
Long-Term Debt	20.7	5	-	-	-	-
Long-Term Leases	6.83	7.96	1.99	5.19	9.6	9.42
Long-Term Unearned Revenue	2.13	2.13	2.11	0.05	0.05	0.05
Long-Term Deferred Tax Liabilities	0.91	0.99	0.52	1.7	2.53	-
Other Long-Term Liabilities	-	-	7.95	3.55	-	12.17
Total Liabilities	476.44	471.72	239.01	142.71	177.78	274.39
Common Stock	559.46	559.46	559.46	559.46	559.46	559.46
Additional Paid-In Capital	1,133	1,133	1,103	1,103	1,128	1,128
Retained Earnings	-1,683	-1,667	-1,586	-1,521	-1,509	-1,532
Comprehensive Income & Other	-0.28	-0.28	-0.28	-0.82	-0.61	-0.61
Total Common Equity	8.77	25.25	76.41	140.63	177.21	154.01
Minority Interest	-2.76	0.32	20.9	25.75	27.76	28.81
Shareholders' Equity	6.01	25.57	97.3	166.38	204.97	182.82
Total Liabilities & Equity	482.45	497.29	336.31	309.09	382.75	457.21
Total Debt	50.12	46.87	85.88	19.34	33.9	112.92
Net Cash (Debt)	-18.83	4.99	-26.97	61.14	33.23	16.71
Net Cash Growth	-	-	-	83.99%	98.88%	-78.25%
Net Cash Per Share	-0.03	0.01	-0.05	0.10	0.06	0.03
Filing Date Shares Outstanding	559.25	442.9	559.46	559.46	559.46	559.46
Total Common Shares Outstanding	559.25	442.9	559.46	559.46	559.46	559.46
Working Capital	-135.04	-129.97	-29.39	1.13	-43.1	-47.35
Book Value Per Share	0.02	0.06	0.14	0.25	0.32	0.28
Tangible Book Value	-102.51	-86.72	-34.47	3.03	17.72	-5.38
Tangible Book Value Per Share	-0.18	-0.20	-0.06	0.01	0.03	-0.01
Buildings	-	-	-	0.11	0.11	0.11
Machinery	-	-	6.84	7.13	8.48	8.23

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