SHA:603356 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	83.48	172.27	112.23	235.58	344.91	168.84
Cash & Short-Term Investments	83.48	172.27	112.23	235.58	344.91	168.84
Cash Growth	-30.05%	53.49%	-52.36%	-31.70%	104.29%	-0.91%
Accounts Receivable	274.85	280.93	363.23	505.27	680.45	899.4
Other Receivables	7.63	5.2	4.43	9.32	4.77	6.26
Receivables	282.48	286.13	367.66	514.6	685.22	905.66
Inventory	100.31	90.44	125.89	167.7	206.08	214.57
Other Current Assets	35.05	28.73	35.41	28.76	22.91	19.88
Total Current Assets	501.31	577.57	641.19	946.65	1,259	1,309
Property, Plant & Equipment	408.02	431.28	511.67	673.12	709.4	498.52
Long-Term Investments	14.2	14.41	16.42	14.57	16.71	5
Goodwill	0.82	0.82	0.82	12.6	34.42	16.71
Other Intangible Assets	103.94	105.12	114.08	119.85	127.67	71.79
Long-Term Deferred Tax Assets	2.98	-	7	25.02	16.64	12.69
Long-Term Deferred Charges	1.16	1.57	1.96	8.25	11.88	7.06
Other Long-Term Assets	161.2	154.88	140	32.94	18.34	33.1
Total Assets	1,194	1,286	1,433	1,833	2,194	1,954
Accounts Payable	309.87	256.87	259.66	269.64	326.72	378.75
Accrued Expenses	16.71	20.56	32.99	41.25	36.97	24.75
Short-Term Debt	258	400.57	165.25	156.63	189.6	153.69
Current Portion of Long-Term Debt	70.74	84.02	256.88	157.68	256.59	135.18
Current Portion of Leases	-	-	5.69	13.04	7.21	6.97
Current Income Taxes Payable	1.51	3.82	0.02	1.31	7.28	2.16
Current Unearned Revenue	3.61	2.92	16.03	2.2	2.21	2.9
Other Current Liabilities	81.18	67.91	24.87	24.19	37.95	37.72
Total Current Liabilities	741.62	836.66	761.4	665.93	864.53	742.13
Long-Term Debt	69.4	49.8	109.25	320.85	318.34	307.72
Long-Term Leases	7.75	7.58	8.17	20.66	18.26	23.56
Long-Term Unearned Revenue	3.73	3.92	4.81	6	7.72	7.13
Long-Term Deferred Tax Liabilities	7.53	7.53	11.37	13.55	16.71	13.49
Total Liabilities	830.03	905.5	895	1,027	1,226	1,094
Common Stock	133.34	133.34	133.34	133.34	133.34	133.34
Additional Paid-In Capital	314.6	314.6	314.58	316.98	308.75	308.01
Retained Earnings	-92.31	-71.48	67.25	224.88	328.79	338.27
Treasury Stock	-80.03	-80.03	-80.03	-	-	-
Comprehensive Income & Other	26.44	20.57	15.06	8.69	2.28	-
Total Common Equity	302.04	317	450.2	683.89	773.16	779.62
Minority Interest	61.57	63.15	87.95	122.1	195.45	80.18
Shareholders' Equity	363.61	380.16	538.14	806	968.6	859.8
Total Liabilities & Equity	1,194	1,286	1,433	1,833	2,194	1,954
Total Debt	405.89	541.97	545.24	668.87	790.01	627.11
Net Cash (Debt)	-322.41	-369.7	-433.01	-433.29	-445.1	-458.28
Net Cash Per Share	-2.44	-2.77	-3.24	-3.25	-3.29	-4.52
Filing Date Shares Outstanding	130.19	130.64	126.97	133.34	133.34	133.34
Total Common Shares Outstanding	130.19	130.64	126.97	133.34	133.34	133.34
Working Capital	-240.31	-259.1	-120.21	280.71	394.58	566.81
Book Value Per Share	2.32	2.43	3.55	5.13	5.80	5.85
Tangible Book Value	197.28	211.06	335.29	551.44	611.07	691.12
Tangible Book Value Per Share	1.52	1.62	2.64	4.14	4.58	5.18
Buildings	-	-	388.68	341.49	350.48	231.11
Machinery	-	-	504.19	529.14	565.53	420.38
Construction In Progress	-	-	0.93	114.57	79.79	30.4

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