SHA:603660 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	347.13	416.71	691.37	619.49	527.17
Trading Asset Securities	-	5.5	278.54	210	110
Cash & Short-Term Investments	347.13	422.22	969.91	829.49	637.17
Cash Growth	-17.78%	-56.47%	16.93%	30.18%	-25.83%
Accounts Receivable	484.41	780.01	830.17	1,057	1,417
Other Receivables	28.33	43	241.55	26.73	39.91
Receivables	512.74	823.01	1,072	1,084	1,457
Inventory	383.85	496.29	477.02	758.33	858.31
Other Current Assets	74.88	56.17	26.62	29.57	32.29
Total Current Assets	1,319	1,798	2,545	2,701	2,985
Property, Plant & Equipment	436.76	368.57	317.83	319.19	306.84
Long-Term Investments	25.54	27.44	23.22	25.09	19.57
Goodwill	-	-	-	0.47	11.36
Other Intangible Assets	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	16.99	19.62	22.67	58.73
Long-Term Deferred Charges	2.1	4.34	2.89	5.56	8.72
Other Long-Term Assets	14.55	3.32	3.44	154.34	200.04
Total Assets	1,853	2,268	2,969	3,323	3,711
Accounts Payable	345.88	350.48	394.66	425.43	633.7
Accrued Expenses	126.32	187.01	322.6	200.16	289.43
Short-Term Debt	210.1	190.13	351.23	494.7	69.08
Current Portion of Long-Term Debt	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	8.96	-	0.5	-	3.35
Current Unearned Revenue	84.76	36.58	42.71	95.7	42.44
Other Current Liabilities	59.85	56.56	78.64	65.76	54.78
Total Current Liabilities	868.58	865.92	1,219	1,321	1,125
Long-Term Debt	73.53	293.31	631.89	630.44	572.6
Long-Term Leases	16.29	18.28	22.71	36.92	53.39
Long-Term Unearned Revenue	2.86	2.67	3.41	4.08	5.33
Other Long-Term Liabilities	7.4	8.53	10.06	11.55	12.33
Total Liabilities	968.66	1,189	1,887	2,004	1,769
Common Stock	575.79	541.01	503	494.19	494.19
Additional Paid-In Capital	661.66	410.28	170.16	128.83	130.09
Retained Earnings	-304.52	190.49	393.94	658.4	1,261
Treasury Stock	-54.16	-94.36	-44.35	-21.83	-21.83
Comprehensive Income & Other	-0.62	28.85	54.72	54.79	56.44
Total Common Equity	878.15	1,076	1,077	1,314	1,920
Minority Interest	6.57	3.4	4.95	4.67	22.21
Shareholders' Equity	884.72	1,080	1,082	1,319	1,942
Total Liabilities & Equity	1,853	2,268	2,969	3,323	3,711
Total Debt	332.64	546.87	1,034	1,201	727.29
Net Cash (Debt)	14.49	-124.66	-64.24	-371.44	-90.12
Net Cash Per Share	0.03	-0.25	-0.13	-0.75	-0.18
Filing Date Shares Outstanding	542.17	534.05	468.07	486.91	486.91
Total Common Shares Outstanding	542.17	534.05	468.07	486.91	486.91
Working Capital	450.03	931.77	1,327	1,380	1,860
Book Value Per Share	1.62	2.02	2.30	2.70	3.94
Tangible Book Value	836.53	1,031	1,032	1,266	1,857
Tangible Book Value Per Share	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.