SHA:600984 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	729.76	1,089	1,329	1,028	1,245	1,676
Short-Term Investments	-	-	-	55.05	-	-
Cash & Short-Term Investments	729.76	1,089	1,329	1,083	1,245	1,676
Cash Growth	-2.38%	-18.06%	22.67%	-12.98%	-25.75%	-29.19%
Accounts Receivable	3,654	4,041	4,780	5,325	5,836	5,488
Other Receivables	116	114.18	121.53	72.87	78.91	86.03
Receivables	3,770	4,155	4,902	5,398	5,915	5,574
Inventory	423.28	390.11	376.99	352.97	333.47	413.76
Prepaid Expenses	-	15.74	9.19	9.56	16.89	25.02
Other Current Assets	274.12	257.69	354.62	363.52	414.64	489.39
Total Current Assets	5,197	5,907	6,971	7,207	7,924	8,179
Property, Plant & Equipment	7,181	7,368	8,512	8,718	8,726	8,145
Long-Term Investments	-	-	50	50	-	-
Goodwill	-	-	154.36	254.47	371.37	371.37
Other Intangible Assets	244.99	250.42	254.14	255.41	263.17	257.1
Long-Term Deferred Tax Assets	312.29	300.56	365.87	393.3	363.06	344.58
Long-Term Deferred Charges	32.42	30.58	38.69	57.86	74.4	77.9
Other Long-Term Assets	524.76	531.65	633.83	637.3	270.69	227.73
Total Assets	13,492	14,389	16,980	17,574	17,993	17,603
Accounts Payable	1,051	1,260	1,373	1,615	1,943	2,501
Accrued Expenses	43.25	114.9	137.03	148.43	148.05	181
Short-Term Debt	985.68	1,569	2,029	2,086	1,956	2,470
Current Portion of Long-Term Debt	1,602	1,170	2,211	2,561	1,016	950.63
Current Portion of Leases	-	477.29	395.25	686.67	969.18	266.57
Current Income Taxes Payable	28.11	4.39	5.37	4.41	19.33	77.33
Current Unearned Revenue	14.1	8.84	23.85	22.01	6.9	30.81
Other Current Liabilities	535	183.63	101.35	97.55	138.44	1,215
Total Current Liabilities	4,260	4,788	6,276	7,221	6,198	7,691
Long-Term Debt	3,374	3,328	3,555	3,973	4,477	2,101
Long-Term Leases	108.99	1,108	824.16	852.84	1,035	1,464
Long-Term Unearned Revenue	9.74	9.41	10.86	9.72	5.91	1.86
Long-Term Deferred Tax Liabilities	47.42	53.54	59.95	253.85	266.37	243.9
Other Long-Term Liabilities	2,853	1,980	1,976	-	-	-
Total Liabilities	10,653	11,267	12,703	12,311	11,982	11,503
Common Stock	1,257	1,257	1,257	1,257	1,257	966.96
Additional Paid-In Capital	3,624	3,624	3,625	3,625	3,625	3,915
Retained Earnings	-3,125	-2,840	-629.54	358.9	1,104	1,196
Comprehensive Income & Other	1,033	1,031	24.66	21.7	23.67	18.54
Total Common Equity	2,789	3,072	4,277	5,263	6,009	6,097
Minority Interest	50.95	49.85	-	-	1.32	3.29
Shareholders' Equity	2,840	3,122	4,277	5,263	6,011	6,100
Total Liabilities & Equity	13,492	14,389	16,980	17,574	17,993	17,603
Total Debt	6,071	7,652	9,015	10,160	9,454	7,252
Net Cash (Debt)	-5,341	-6,564	-7,686	-9,077	-8,209	-5,576
Net Cash Per Share	-4.25	-5.22	-6.11	-7.22	-6.54	-4.44
Filing Date Shares Outstanding	1,257	1,257	1,257	1,257	1,257	1,257
Total Common Shares Outstanding	1,257	1,257	1,257	1,257	1,257	1,257
Working Capital	937.26	1,119	694.79	-14.18	1,726	487.47
Book Value Per Share	2.22	1.65	3.40	4.19	4.78	4.85
Tangible Book Value	2,544	2,822	3,869	4,753	5,375	5,468
Tangible Book Value Per Share	2.02	1.45	3.08	3.78	4.28	4.35
Buildings	-	-	-	804.57	591.45	385.23
Machinery	-	10,378	10,878	10,822	10,628	9,006
Construction In Progress	-	307.38	280.45	477.77	454.62	291.22