SHA:603139 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	52.7	107.71	97.6	163.75	226.27	203.96
Trading Asset Securities	0.25	0.25	0.36	3.02	4.5	119.47
Cash & Short-Term Investments	52.95	107.97	97.96	166.77	230.77	323.43
Cash Growth	-49.70%	10.21%	-41.26%	-27.73%	-28.65%	29.17%
Accounts Receivable	222.25	249.45	235.45	271.95	190.58	183.07
Other Receivables	34.92	12.61	10.21	9.68	3.54	9.46
Receivables	257.17	262.06	245.66	281.71	202.03	192.54
Inventory	190.44	163.14	195.49	199.35	122.77	119.89
Other Current Assets	54.71	56.74	59.86	60.4	25.36	30.73
Total Current Assets	555.27	589.9	598.97	708.22	580.93	666.59
Property, Plant & Equipment	870.8	928.96	961.91	982.35	948.09	827.93
Long-Term Investments	42.79	42.69	51.37	91.45	120.11	177.93
Goodwill	7.49	7.49	18.83	15.11	15.11	19.98
Other Intangible Assets	85.69	86.29	99.25	103.29	112.84	122.09
Long-Term Deferred Tax Assets	42.83	42.83	34.43	21.19	13.33	4.85
Long-Term Deferred Charges	4.2	4.5	5.87	5.07	2.22	11.52
Other Long-Term Assets	96.01	111.76	117.22	125.02	28.18	29.33
Total Assets	1,705	1,814	1,888	2,052	1,822	1,860
Accounts Payable	378.18	449.69	230.11	259.31	155.55	171.65
Accrued Expenses	9.7	21.17	26.74	34.1	20.98	13.62
Short-Term Debt	193.45	280.92	191.54	212.18	95.12	25.85
Current Portion of Long-Term Debt	195.59	113.66	95.48	172.69	32.53	61.36
Current Portion of Leases	-	30.21	6.59	1.92	28.98	11.52
Current Income Taxes Payable	13.06	2.32	3.96	3.85	2.63	3.5
Current Unearned Revenue	20.53	7.23	6.21	5.69	7.95	13.36
Other Current Liabilities	73.83	25.31	37.61	17.16	17.98	17.57
Total Current Liabilities	884.33	930.51	598.25	706.92	361.72	318.42
Long-Term Debt	177.37	246.02	332.27	282.05	386.34	393.01
Long-Term Leases	20.49	26.07	5.94	2.58	0.88	3.65
Long-Term Unearned Revenue	39.67	40.67	40.74	35.25	36.01	18.46
Long-Term Deferred Tax Liabilities	2.17	2.17	3.73	5.01	10.8	11.65
Total Liabilities	1,124	1,245	980.94	1,032	795.75	745.2
Common Stock	99.88	99.88	99.88	99.88	99.88	99.88
Additional Paid-In Capital	412.11	412.11	412.01	412.02	412.02	412.02
Retained Earnings	21.4	0.52	333.97	423.59	449.98	520.42
Comprehensive Income & Other	12.42	12.42	11.47	13.74	11.85	14.36
Total Common Equity	545.8	524.92	857.32	949.23	973.73	1,047
Minority Interest	35.25	44.06	49.58	70.69	52.22	68.35
Shareholders' Equity	581.05	568.98	906.9	1,020	1,026	1,115
Total Liabilities & Equity	1,705	1,814	1,888	2,052	1,822	1,860
Total Debt	586.9	696.87	631.83	671.43	543.85	495.39
Net Cash (Debt)	-533.95	-588.9	-533.87	-504.66	-313.07	-171.97
Net Cash Per Share	-5.37	-5.90	-5.36	-5.02	-3.13	-1.74
Filing Date Shares Outstanding	99.88	99.88	99.88	99.88	99.88	99.88
Total Common Shares Outstanding	99.88	99.88	99.88	99.88	99.88	99.88
Working Capital	-329.06	-340.6	0.72	1.31	219.21	348.17
Book Value Per Share	5.46	5.26	8.58	9.50	9.75	10.48
Tangible Book Value	452.62	431.13	739.24	830.83	845.77	904.6
Tangible Book Value Per Share	4.53	4.32	7.40	8.32	8.47	9.06
Buildings	-	679.21	733.37	730.73	150.04	110.05
Machinery	-	452.43	363.73	320.91	149.39	85.45
Construction In Progress	-	14.45	23.88	61.57	744.8	710.79