SHA:603117 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	25.31	55.9	18.7	27.49	38.78	66.23
Cash & Short-Term Investments	25.31	55.9	18.7	27.49	38.78	66.23
Cash Growth	50.73%	198.91%	-31.97%	-29.11%	-41.45%	-66.08%
Accounts Receivable	41.79	47.51	34.65	23.42	176.95	307.33
Other Receivables	37.22	34.58	71.32	233.77	423.39	1,361
Receivables	79.02	82.1	105.97	257.19	600.34	1,668
Inventory	2.26	1.67	1.89	2.01	83.21	126.35
Prepaid Expenses	-	-	-	-	0	0.01
Other Current Assets	7.03	6.59	12.57	7.44	40.69	43.28
Total Current Assets	113.63	146.26	139.13	294.14	763.01	1,904
Property, Plant & Equipment	786.26	797.52	843.47	889.08	1,026	1,102
Long-Term Investments	22.19	21.04	15.87	16.78	15.57	15.46
Goodwill	-	-	-	-	13.92	56.08
Other Intangible Assets	204.09	205.73	212.39	216.38	388.11	659.13
Long-Term Deferred Tax Assets	57.43	55.09	53.06	49	46.08	120.72
Long-Term Deferred Charges	2.13	2.3	2.08	2.26	4.56	5.7
Other Long-Term Assets	113.14	114	119.84	104.37	117.05	9.43
Total Assets	1,299	1,342	1,386	1,572	2,375	3,873
Accounts Payable	24.79	26.24	29.43	41.64	165.56	110.1
Accrued Expenses	4.06	9.3	16.48	19.08	44.54	33.8
Short-Term Debt	24.16	24.34	40.14	43.86	101.83	1,026
Current Portion of Long-Term Debt	13.38	11.14	-	25.05	10.01	5.01
Current Portion of Leases	-	-	10.7	9.81	20.67	19.31
Current Income Taxes Payable	10.2	11.18	8.6	7.75	8.97	14.88
Current Unearned Revenue	0.68	0.36	0.27	3.43	32.39	9.73
Other Current Liabilities	136.9	166.07	188.95	179.48	389.09	264.24
Total Current Liabilities	214.18	248.63	294.57	330.1	773.06	1,483
Long-Term Debt	-	2.12	-	-	25.07	30.06
Long-Term Leases	31.13	31.38	42.53	53.18	106.99	128.05
Long-Term Unearned Revenue	26.08	26.4	27.71	29.01	30.41	22.43
Pension & Post-Retirement Benefits	-	-	-	-	2.31	2.23
Long-Term Deferred Tax Liabilities	-	-	0.6	1.59	45.97	85.3
Other Long-Term Liabilities	1.92	1.94	4.7	3.08	0.11	-
Total Liabilities	273.3	310.48	370.1	416.96	983.93	1,751
Common Stock	599.2	599.2	599.2	633.14	633.14	633.14
Additional Paid-In Capital	810.31	810.31	810.31	926.47	926.47	926.47
Retained Earnings	-383.63	-377.55	-393.08	-406.73	-179	423.32
Comprehensive Income & Other	-0.49	-0.67	-0.9	1.95	-8.22	-5.21
Total Common Equity	1,025	1,031	1,016	1,155	1,372	1,978
Minority Interest	0.18	0.19	0.23	0.21	18.38	143.65
Shareholders' Equity	1,026	1,031	1,016	1,155	1,391	2,121
Total Liabilities & Equity	1,299	1,342	1,386	1,572	2,375	3,873
Total Debt	68.67	68.98	93.37	131.9	264.57	1,208
Net Cash (Debt)	-43.35	-13.08	-74.66	-104.4	-225.79	-1,142
Net Cash Per Share	-0.07	-0.02	-0.11	-0.17	-0.36	-1.81
Filing Date Shares Outstanding	601.59	285.7	599.2	633.14	633.14	633.14
Total Common Shares Outstanding	601.59	285.7	599.2	633.14	633.14	633.14
Working Capital	-100.55	-102.38	-155.43	-35.96	-10.05	421.27
Book Value Per Share	1.70	3.61	1.69	1.82	2.17	3.12
Tangible Book Value	821.3	825.55	803.13	938.44	970.37	1,263
Tangible Book Value Per Share	1.37	2.89	1.34	1.48	1.53	1.99
Buildings	-	-	987.38	987.38	1,018	1,018
Machinery	-	-	240.58	236.93	377.25	388.07
Construction In Progress	-	-	0.85	3.9	3.22	4.1

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