SHA:600996 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	98.46	177.32	150.74	555.6	260.11	1,496
Cash & Short-Term Investments	98.46	177.32	150.74	555.6	260.11	1,496
Cash Growth	-36.85%	17.64%	-72.87%	113.60%	-82.61%	157.22%
Accounts Receivable	2,672	2,693	3,081	3,265	3,476	2,979
Other Receivables	158.09	656.95	913.68	889.81	1,130	1,328
Receivables	2,830	3,350	3,995	4,155	4,606	4,307
Inventory	210.62	209.01	117.05	136.97	194.19	265.18
Prepaid Expenses	-	0.2	0	1.92	1.27	-
Other Current Assets	790.92	343.09	322.06	668.38	684.37	146.28
Total Current Assets	3,930	4,080	4,585	5,517	5,746	6,215
Property, Plant & Equipment	7,326	7,485	8,013	7,930	8,110	7,875
Long-Term Investments	316.14	314.71	301.18	330.96	333.11	334.34
Goodwill	1.32	1.32	1.32	1.32	1.32	1.32
Other Intangible Assets	364.23	373.46	407.12	433.93	321.44	331.77
Long-Term Accounts Receivable	-	-	-	-	2,544	2,066
Long-Term Deferred Tax Assets	1.11	1.11	0.79	2.39	0.33	0
Long-Term Deferred Charges	218.89	241.55	383.86	563.58	763.56	918.43
Other Long-Term Assets	2,365	2,351	2,342	2,533	200.24	163.09
Total Assets	14,523	14,847	16,034	17,313	18,019	17,904
Accounts Payable	2,810	2,992	2,962	3,269	3,206	2,993
Accrued Expenses	122.28	207.28	114.35	155.46	267.84	151.4
Short-Term Debt	3,646	4,112	4,080	3,704	3,876	4,086
Current Portion of Long-Term Debt	966.26	742.28	763.88	1,083	187.93	504.38
Current Portion of Leases	-	5.74	7.03	13.28	16.68	21.48
Current Income Taxes Payable	4.98	0.37	1.17	0.89	2.11	0.18
Current Unearned Revenue	617.07	617.01	680.88	710.47	739.43	913.45
Other Current Liabilities	1,660	1,732	1,452	1,127	772.55	562.9
Total Current Liabilities	9,826	10,408	10,061	10,064	9,068	9,233
Long-Term Debt	2,127	1,596	1,824	2,007	2,114	2,917
Long-Term Leases	18.03	23.95	37.37	93.01	243.26	246.33
Long-Term Unearned Revenue	242.58	251.72	288.26	313.77	329.57	321.12
Long-Term Deferred Tax Liabilities	0.02	0.02	0.11	0.18	0.6	-
Other Long-Term Liabilities	155.34	135.06	212.92	199.44	383.94	559.66
Total Liabilities	12,369	12,415	12,424	12,677	12,140	13,278
Common Stock	1,247	1,247	1,224	1,211	1,206	1,052
Additional Paid-In Capital	3,127	3,127	2,965	2,872	2,833	1,669
Retained Earnings	-2,805	-2,539	-1,219	-134.55	1,250	1,239
Comprehensive Income & Other	-	-	16.1	24.92	27.88	146.77
Total Common Equity	1,569	1,835	2,987	3,973	5,317	4,107
Minority Interest	584.84	598.14	622.62	663.04	561.65	519.55
Shareholders' Equity	2,154	2,433	3,609	4,636	5,879	4,627
Total Liabilities & Equity	14,523	14,847	16,034	17,313	18,019	17,904
Total Debt	6,758	6,479	6,713	6,901	6,438	7,776
Net Cash (Debt)	-6,659	-6,302	-6,562	-6,345	-6,178	-6,280
Net Cash Per Share	-5.29	-5.06	-5.39	-5.27	-5.43	-5.92
Filing Date Shares Outstanding	1,247	1,247	1,224	1,211	1,206	1,052
Total Common Shares Outstanding	1,247	1,247	1,224	1,211	1,206	1,052
Working Capital	-5,896	-6,329	-5,476	-4,546	-3,323	-3,018
Book Value Per Share	1.26	1.47	2.44	3.28	4.41	3.91
Tangible Book Value	1,203	1,460	2,578	3,537	4,995	3,774
Tangible Book Value Per Share	0.97	1.17	2.11	2.92	4.14	3.59
Buildings	-	1,616	1,625	1,144	487.71	407.07
Machinery	-	209.64	213.13	211.71	216.41	214.84
Construction In Progress	-	325.77	302.95	311.48	893.16	667.39