SHA:603007 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	263	469	19.47	47.52	54.93
Cash & Short-Term Investments	263	469	19.47	47.52	54.93
Cash Growth	-43.92%	2309.39%	-59.04%	-13.48%	-68.24%
Accounts Receivable	539.38	410.06	943.31	961.27	1,052
Other Receivables	50.67	69.85	116.83	202.05	237.22
Receivables	590.05	479.92	1,060	1,163	1,289
Inventory	75.07	20.5	80.48	77.08	82.1
Other Current Assets	46.03	1.1	11.79	7.78	10.09
Total Current Assets	974.15	970.52	1,172	1,296	1,436
Property, Plant & Equipment	179.93	63.04	79.97	70.1	61.77
Long-Term Investments	1.96	4.31	389.9	373.02	379.64
Goodwill	481.33	-	-	-	-
Other Intangible Assets	31.83	18.18	20.28	25.19	33.07
Long-Term Accounts Receivable	-	59.74	144.26	165.4	195.33
Long-Term Deferred Tax Assets	16.61	0.55	19.27	11.85	13.37
Long-Term Deferred Charges	23.34	1.58	0.39	0.56	0.42
Other Long-Term Assets	53.97	54.73	483.68	533.71	537.28
Total Assets	1,763	1,173	2,310	2,476	2,657
Accounts Payable	419.87	150.82	813.6	794.14	838.39
Accrued Expenses	22.41	88.23	190.25	130.81	89.6
Short-Term Debt	53.02	33.05	245.79	361.13	298.04
Current Portion of Long-Term Debt	188.04	186.9	319.5	320.26	289.33
Current Portion of Leases	-	0.6	0.78	0.8	1.71
Current Income Taxes Payable	51.96	0.77	0.43	0.33	0.88
Current Unearned Revenue	13.24	10.46	95.33	82.6	88.07
Other Current Liabilities	333.01	187.01	143.72	94.84	92.21
Total Current Liabilities	1,082	657.84	1,809	1,785	1,698
Long-Term Debt	1.5	-	185.68	405.6	425.83
Long-Term Leases	30.01	1.93	2.84	3.45	2.24
Long-Term Deferred Tax Liabilities	10.23	0.55	0.76	0.91	-
Other Long-Term Liabilities	219.81	-	-	-	-
Total Liabilities	1,343	660.32	1,999	2,195	2,126
Common Stock	884.41	876.9	382.97	333.41	335.74
Additional Paid-In Capital	934.14	919.95	404.1	212.27	222.66
Retained Earnings	-1,518	-1,290	-471.08	-288.5	-60.51
Treasury Stock	-22.42	-1.69	-	-	-12.83
Comprehensive Income & Other	10.88	10.78	10.79	20.74	20.74
Total Common Equity	288.56	515.56	326.77	277.93	505.79
Minority Interest	131.48	-3.24	-15.86	2.74	25.14
Shareholders' Equity	420.03	512.32	310.92	280.66	530.92
Total Liabilities & Equity	1,763	1,173	2,310	2,476	2,657
Total Debt	272.57	222.47	754.6	1,091	1,017
Net Cash (Debt)	-9.57	246.53	-735.13	-1,044	-962.22
Net Cash Per Share	-0.01	0.61	-1.85	-2.69	-2.50
Filing Date Shares Outstanding	584.2	837.42	442.46	385.2	391.1
Total Common Shares Outstanding	584.2	837.42	442.46	385.2	391.1
Working Capital	-107.4	312.68	-637.54	-489.21	-261.88
Book Value Per Share	0.49	0.62	0.74	0.72	1.29
Tangible Book Value	-224.6	497.38	306.5	252.74	472.72
Tangible Book Value Per Share	-0.38	0.59	0.69	0.66	1.21
Buildings	-	54.24	44.66	44.3	44.51
Machinery	-	21.4	55.17	57.65	61.12
Construction In Progress	-	3.01	41.04	22.87	10.91
Order Backlog	-	170.4	-	-	-

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