SHA:603377 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	423.97	429.17	53.47	105	191.28	241.11
Trading Asset Securities	-	-	-	-	-	10
Cash & Short-Term Investments	423.97	429.17	53.47	105	191.28	251.11
Cash Growth	501.42%	702.69%	-49.08%	-45.10%	-23.83%	-57.22%
Accounts Receivable	20.06	18.89	17.13	23.44	23.62	15.1
Other Receivables	73.38	76.2	417.67	440.43	421.22	41.33
Receivables	93.44	95.09	434.79	463.87	444.84	56.43
Inventory	15.84	15.89	22.89	58.39	243.71	26.98
Prepaid Expenses	-	-	2.49	2.97	4.06	6.89
Other Current Assets	74.69	82.35	82.83	99.48	106.32	77.22
Total Current Assets	607.93	622.51	596.46	729.71	990.21	418.63
Property, Plant & Equipment	1,817	1,849	2,218	2,569	2,623	2,647
Long-Term Investments	52.24	61.35	61.85	63.36	110.89	132.65
Goodwill	-	-	-	45.9	62.95	83.45
Other Intangible Assets	669.37	675.14	697.53	738.77	762.19	770.94
Long-Term Deferred Tax Assets	24.6	24.2	40.9	45.86	19.39	0.39
Long-Term Deferred Charges	100.57	108.57	359.13	510.75	577.13	572.78
Other Long-Term Assets	10.63	1.42	33.77	111.49	123.04	131.61
Total Assets	3,283	3,343	4,008	4,815	5,269	4,757
Accounts Payable	299.32	299.18	22.72	25.03	73.27	14.92
Accrued Expenses	41.63	36.08	124.35	53.47	83.67	80.93
Short-Term Debt	348.09	348.09	423.9	464.44	413	424.13
Current Portion of Long-Term Debt	-	678.43	109.27	123.43	125.18	106.88
Current Portion of Leases	-	-	233.22	289.12	281.66	23.37
Current Income Taxes Payable	-	15.36	0.12	38	4.73	3.9
Current Unearned Revenue	302.87	292.29	345.03	431.84	425.68	447.43
Other Current Liabilities	1,374	628.27	666.38	330.51	338.38	434.24
Total Current Liabilities	2,365	2,298	1,925	1,756	1,746	1,536
Long-Term Debt	-	-	319.42	345.46	457.25	200.75
Long-Term Leases	358.26	413.44	484.59	533.63	600.23	473.29
Long-Term Unearned Revenue	93.86	94.68	97.97	101.37	104.81	108.28
Long-Term Deferred Tax Liabilities	17.13	17.13	21.95	28.62	30.49	12.4
Other Long-Term Liabilities	145.08	144.95	21.81	-	-	-
Total Liabilities	2,980	2,968	2,871	2,765	2,938	2,331
Common Stock	715.42	714.92	720.77	720.75	720.74	727.84
Additional Paid-In Capital	610.24	608.2	677.71	667.63	725.86	818.67
Retained Earnings	-1,327	-1,260	-409.51	493.04	854.78	933.27
Treasury Stock	-	-	-76.21	-76.21	-230.96	-330.96
Comprehensive Income & Other	13.34	13.66	13.88	13.91	13.92	13.94
Total Common Equity	11.89	76.6	926.63	1,819	2,084	2,163
Minority Interest	291.02	298.09	210.64	230.52	246.39	263.76
Shareholders' Equity	302.92	374.69	1,137	2,050	2,331	2,427
Total Liabilities & Equity	3,283	3,343	4,008	4,815	5,269	4,757
Total Debt	706.35	1,440	1,570	1,756	1,877	1,228
Net Cash (Debt)	-282.39	-1,011	-1,517	-1,651	-1,686	-977.31
Net Cash Per Share	-0.39	-1.41	-2.10	-2.28	-2.25	-1.35
Filing Date Shares Outstanding	743.79	661.54	714.86	714.84	702.83	702.83
Total Common Shares Outstanding	743.79	661.54	714.86	714.84	702.83	702.83
Working Capital	-1,758	-1,675	-1,329	-1,026	-755.36	-1,117
Book Value Per Share	0.02	0.12	1.30	2.54	2.97	3.08
Tangible Book Value	-657.48	-598.54	229.1	1,034	1,259	1,308
Tangible Book Value Per Share	-0.88	-0.90	0.32	1.45	1.79	1.86
Buildings	-	-	1,296	1,285	1,170	1,150
Machinery	-	-	1,093	1,199	1,209	1,323
Construction In Progress	-	-	394.52	571.7	668.87	654.51