SHA:603660 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	156.14	347.13	416.71	691.37	619.49	527.17
Trading Asset Securities	3	-	5.5	278.54	210	110
Cash & Short-Term Investments	159.14	347.13	422.22	969.91	829.49	637.17
Cash Growth	-37.08%	-17.78%	-56.47%	16.93%	30.18%	-25.83%
Accounts Receivable	413.11	484.41	780.01	830.17	1,057	1,417
Other Receivables	26.23	28.33	43	241.55	26.73	39.91
Receivables	439.34	512.74	823.01	1,072	1,084	1,457
Inventory	403.98	383.85	496.29	477.02	758.33	858.31
Other Current Assets	87.94	74.88	56.17	26.62	29.57	32.29
Total Current Assets	1,090	1,319	1,798	2,545	2,701	2,985
Property, Plant & Equipment	434.03	436.76	368.57	317.83	319.19	306.84
Long-Term Investments	24.88	25.54	27.44	23.22	25.09	19.57
Goodwill	-	-	-	-	0.47	11.36
Other Intangible Assets	50.64	41.62	45.71	45.55	47.4	52.1
Long-Term Accounts Receivable	-	-	4.31	11.31	47	68.94
Long-Term Deferred Tax Assets	14.19	14.19	16.99	19.62	22.67	58.73
Long-Term Deferred Charges	1.63	2.1	4.34	2.89	5.56	8.72
Other Long-Term Assets	4.05	14.55	3.32	3.44	154.34	200.04
Total Assets	1,620	1,853	2,268	2,969	3,323	3,711
Accounts Payable	274.94	345.88	350.48	394.66	425.43	633.7
Accrued Expenses	133.17	126.32	187.01	322.6	200.16	289.43
Short-Term Debt	260	210.1	190.13	351.23	494.7	69.08
Current Portion of Long-Term Debt	31.9	32.72	36.03	13.46	18.51	11.46
Current Portion of Leases	-	-	9.13	14.86	20.36	20.76
Current Income Taxes Payable	4.91	8.96	-	0.5	-	3.35
Current Unearned Revenue	48.28	84.76	36.58	42.71	95.7	42.44
Other Current Liabilities	48.22	59.85	56.56	78.64	65.76	54.78
Total Current Liabilities	801.42	868.58	865.92	1,219	1,321	1,125
Long-Term Debt	73.53	73.53	293.31	631.89	630.44	572.6
Long-Term Leases	15.42	16.29	18.28	22.71	36.92	53.39
Long-Term Unearned Revenue	2.84	2.86	2.67	3.41	4.08	5.33
Other Long-Term Liabilities	7.4	7.4	8.53	10.06	11.55	12.33
Total Liabilities	900.6	968.66	1,189	1,887	2,004	1,769
Common Stock	575.79	575.79	541.01	503	494.19	494.19
Additional Paid-In Capital	661.66	661.66	410.28	170.16	128.83	130.09
Retained Earnings	-468.61	-304.52	190.49	393.94	658.4	1,261
Treasury Stock	-54.16	-54.16	-94.36	-44.35	-21.83	-21.83
Comprehensive Income & Other	-0.48	-0.62	28.85	54.72	54.79	56.44
Total Common Equity	714.2	878.15	1,076	1,077	1,314	1,920
Minority Interest	5.03	6.57	3.4	4.95	4.67	22.21
Shareholders' Equity	719.23	884.72	1,080	1,082	1,319	1,942
Total Liabilities & Equity	1,620	1,853	2,268	2,969	3,323	3,711
Total Debt	380.85	332.64	546.87	1,034	1,201	727.29
Net Cash (Debt)	-221.7	14.49	-124.66	-64.24	-371.44	-90.12
Net Cash Per Share	-0.39	0.03	-0.25	-0.13	-0.75	-0.18
Filing Date Shares Outstanding	575.79	542.17	534.05	468.07	486.91	486.91
Total Common Shares Outstanding	575.79	542.17	534.05	468.07	486.91	486.91
Working Capital	288.98	450.03	931.77	1,327	1,380	1,860
Book Value Per Share	1.24	1.62	2.02	2.30	2.70	3.94
Tangible Book Value	663.56	836.53	1,031	1,032	1,266	1,857
Tangible Book Value Per Share	1.15	1.54	1.93	2.20	2.60	3.81
Buildings	-	-	139.53	139.53	139.53	137.99
Machinery	-	-	200.59	222.21	248.91	241.06
Construction In Progress	-	-	211.44	120.31	61.87	17

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