SHA:603616 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	92.26	136.7	112.11	70.52	111.86	150.66
Cash & Short-Term Investments	92.26	136.7	112.11	70.52	111.86	150.66
Cash Growth	32.16%	21.94%	58.97%	-36.96%	-25.75%	-27.76%
Accounts Receivable	599.12	657.83	747.56	824.59	945.44	1,184
Other Receivables	14.67	14.96	46.32	50.74	34.14	32.3
Receivables	613.79	672.79	793.87	875.33	979.59	1,216
Inventory	141.84	124.44	263.89	430.05	271.5	175.11
Prepaid Expenses	-	0.45	6.91	6.88	0.75	1.19
Other Current Assets	37.62	26.22	37.29	30.97	30.21	21.06
Total Current Assets	885.51	960.6	1,214	1,414	1,394	1,564
Property, Plant & Equipment	183.73	180.06	264.33	166.4	201.67	219.22
Long-Term Investments	18.73	20.12	26.18	34	109.41	128.61
Goodwill	1.69	1.69	9.08	15.61	170.83	363.14
Other Intangible Assets	25.22	26.41	36.37	44.38	52.7	62.78
Long-Term Deferred Tax Assets	81.3	82.96	90.43	126.05	98.45	69.24
Long-Term Deferred Charges	54.69	53.51	35.15	12.18	11.48	28.22
Other Long-Term Assets	9.17	9.28	7.55	6.39	7.09	3.8
Total Assets	1,260	1,335	1,683	1,819	2,046	2,439
Accounts Payable	403.52	318.6	357.38	374.95	402.99	515.33
Accrued Expenses	14.68	113.08	141.51	107.75	129.21	119.38
Short-Term Debt	145.34	273.36	324.76	294.99	349.72	345.72
Current Portion of Long-Term Debt	95.71	-	-	74.18	-	-
Current Portion of Leases	-	46.76	33.01	23.63	22.84	7.61
Current Income Taxes Payable	5.37	0.73	0	-	8.16	12.21
Current Unearned Revenue	113.41	86.44	142.63	270.06	106.17	8.25
Other Current Liabilities	231.77	224.01	399.87	192.62	259.16	319.36
Total Current Liabilities	1,010	1,063	1,399	1,338	1,278	1,328
Long-Term Debt	8.76	-	-	8.72	-	-
Long-Term Leases	13.63	32.54	39.04	8.38	27.26	0.95
Long-Term Unearned Revenue	1.18	1.21	1.37	1.71	1.91	2.77
Long-Term Deferred Tax Liabilities	6.64	6.64	7.64	2.42	2.46	2.5
Other Long-Term Liabilities	7.19	7.19	4.18	4.18	4.18	4.18
Total Liabilities	1,047	1,111	1,451	1,364	1,314	1,338
Common Stock	391.32	391.32	391.32	391.32	381.37	381.37
Additional Paid-In Capital	524.83	524.15	526.43	519.7	493.25	493.25
Retained Earnings	-685.59	-675.78	-665.67	-434.51	-143.7	225.6
Treasury Stock	-18.04	-18.04	-26.17	-26.17	-	-
Comprehensive Income & Other	0.31	2.42	5.94	4.82	0.56	0.59
Total Common Equity	212.83	224.07	231.85	455.15	731.48	1,101
Minority Interest	-	-	-0.07	-	-	-
Shareholders' Equity	212.83	224.07	231.78	455.15	731.48	1,101
Total Liabilities & Equity	1,260	1,335	1,683	1,819	2,046	2,439
Total Debt	263.44	352.66	396.81	409.91	399.82	354.28
Net Cash (Debt)	-171.18	-215.96	-284.71	-339.39	-287.96	-203.62
Net Cash Per Share	-0.45	-0.56	-0.75	-0.89	-0.76	-0.62
Filing Date Shares Outstanding	391.32	391.32	391.32	391.32	381.37	381.37
Total Common Shares Outstanding	391.32	391.32	391.32	391.32	381.37	381.37
Working Capital	-124.3	-102.38	-185.08	75.55	115.66	236.19
Book Value Per Share	0.54	0.57	0.59	1.16	1.92	2.89
Tangible Book Value	185.92	195.98	186.4	395.16	507.94	674.88
Tangible Book Value Per Share	0.48	0.50	0.48	1.01	1.33	1.77
Buildings	-	109.86	109.29	121.15	123.64	121.81
Machinery	-	318.65	292.63	315.72	372.04	361.07
Construction In Progress	-	6.28	98.49	0.75	1.03	0.99