SHA:603669 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	155.51	254.09	343.42	575.76	986.94
Trading Asset Securities	13.32	31.22	390.59	389.51	579.13
Cash & Short-Term Investments	168.83	285.31	734.01	965.28	1,566
Cash Growth	-40.83%	-61.13%	-23.96%	-38.36%	-10.36%
Accounts Receivable	256.22	243.2	65.6	92.21	124.89
Other Receivables	2.4	4.69	2.18	3.53	7.71
Receivables	258.61	247.89	67.78	95.74	132.61
Inventory	84.03	27.88	56.77	49.14	51.67
Other Current Assets	13.9	25.53	22.97	21.89	37.95
Total Current Assets	525.38	586.61	881.53	1,132	1,788
Property, Plant & Equipment	405.17	469.67	505.35	496.32	484.53
Long-Term Investments	64.46	75.67	100.87	77.8	66.67
Goodwill	-	-	-	-	2.03
Other Intangible Assets	93.61	100.9	108.44	115.79	124.1
Long-Term Deferred Tax Assets	-	-	2.2	0.21	6.83
Long-Term Deferred Charges	11.42	14.23	17.15	20.1	23.92
Other Long-Term Assets	6.73	8.25	9.02	13.22	18
Total Assets	1,107	1,255	1,625	1,855	2,514
Accounts Payable	129.12	89.13	85.5	49.26	48.53
Accrued Expenses	5.99	22.06	11.95	14.6	25.25
Short-Term Debt	15.01	-	117.41	205.24	460.29
Current Portion of Long-Term Debt	274.54	0.42	0.38	-	85.06
Current Portion of Leases	-	1.77	2.64	1.14	3.19
Current Income Taxes Payable	6.67	0.03	0.31	0.02	1.28
Current Unearned Revenue	11.43	6.88	10.48	8.84	6.61
Other Current Liabilities	35.82	99.03	14.44	23.33	18.64
Total Current Liabilities	478.58	219.31	243.11	302.42	648.85
Long-Term Debt	-	257.99	439.34	412.52	385.91
Long-Term Leases	2.13	4.07	5.84	1.07	14.77
Long-Term Unearned Revenue	4.47	2.41	2.8	4.09	5.81
Long-Term Deferred Tax Liabilities	1.32	1.78	2.42	0.74	0.19
Total Liabilities	486.5	485.57	693.52	720.84	1,056
Common Stock	721.25	721.24	721.24	721.24	721.23
Additional Paid-In Capital	304.4	262.65	255.64	255.63	255.54
Retained Earnings	-355.56	-162.32	-31.56	119.94	387.95
Treasury Stock	-110.02	-110.02	-108.37	-56.26	-
Comprehensive Income & Other	60.21	58.21	94.09	94.09	94.11
Shareholders' Equity	620.28	769.76	931.04	1,135	1,459
Total Liabilities & Equity	1,107	1,255	1,625	1,855	2,514
Total Debt	291.68	264.26	565.61	619.97	949.22
Net Cash (Debt)	-122.85	21.05	168.4	345.3	616.84
Net Cash Growth	-	-87.50%	-51.23%	-44.02%	-28.25%
Net Cash Per Share	-0.17	0.03	0.23	0.48	0.86
Filing Date Shares Outstanding	697.34	703.54	703.83	721.24	721.23
Total Common Shares Outstanding	697.34	703.54	703.83	721.24	721.23
Working Capital	46.8	367.3	638.42	829.62	1,139
Book Value Per Share	0.89	1.09	1.32	1.57	2.02
Tangible Book Value	526.67	668.86	822.61	1,019	1,333
Tangible Book Value Per Share	0.76	0.95	1.17	1.41	1.85
Buildings	-	374.09	378.47	369.78	316.92
Machinery	-	162.03	187.09	191.33	197.49
Construction In Progress	-	228.22	220.06	190.18	187.96

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