SHA:603669 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	142.02	155.51	254.09	343.42	575.76	986.94
Trading Asset Securities	14.81	13.32	31.22	390.59	389.51	579.13
Cash & Short-Term Investments	156.84	168.83	285.31	734.01	965.28	1,566
Cash Growth	-42.05%	-40.83%	-61.13%	-23.96%	-38.36%	-10.36%
Accounts Receivable	283.01	256.22	243.2	65.6	92.21	124.89
Other Receivables	2.45	2.4	4.69	2.18	3.53	7.71
Receivables	285.46	258.61	247.89	67.78	95.74	132.61
Inventory	77.27	84.03	27.88	56.77	49.14	51.67
Other Current Assets	22.41	13.9	25.53	22.97	21.89	37.95
Total Current Assets	541.98	525.38	586.61	881.53	1,132	1,788
Property, Plant & Equipment	402.87	405.17	469.67	505.35	496.32	484.53
Long-Term Investments	64.33	64.46	75.67	100.87	77.8	66.67
Goodwill	-	-	-	-	-	2.03
Other Intangible Assets	93.18	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	10.74	11.42	14.23	17.15	20.1	23.92
Other Long-Term Assets	8.58	6.73	8.25	9.02	13.22	18
Total Assets	1,122	1,107	1,255	1,625	1,855	2,514
Accounts Payable	140.16	129.12	89.13	85.5	49.26	48.53
Accrued Expenses	2.08	5.99	22.06	11.95	14.6	25.25
Short-Term Debt	15.01	15.01	-	117.41	205.24	460.29
Current Portion of Long-Term Debt	281.86	274.54	0.42	0.38	-	85.06
Current Portion of Leases	-	-	1.77	2.64	1.14	3.19
Current Income Taxes Payable	8.16	6.67	0.03	0.31	0.02	1.28
Current Unearned Revenue	11.45	11.43	6.88	10.48	8.84	6.61
Other Current Liabilities	13.86	35.82	99.03	14.44	23.33	18.64
Total Current Liabilities	472.57	478.58	219.31	243.11	302.42	648.85
Long-Term Debt	18	-	257.99	439.34	412.52	385.91
Long-Term Leases	2.13	2.13	4.07	5.84	1.07	14.77
Long-Term Unearned Revenue	4.41	4.47	2.41	2.8	4.09	5.81
Long-Term Deferred Tax Liabilities	1.32	1.32	1.78	2.42	0.74	0.19
Total Liabilities	498.43	486.5	485.57	693.52	720.84	1,056
Common Stock	721.25	721.25	721.24	721.24	721.24	721.23
Additional Paid-In Capital	304.4	304.4	262.65	255.64	255.63	255.54
Retained Earnings	-352.61	-355.56	-162.32	-31.56	119.94	387.95
Treasury Stock	-110.02	-110.02	-110.02	-108.37	-56.26	-
Comprehensive Income & Other	60.21	60.21	58.21	94.09	94.09	94.11
Shareholders' Equity	623.24	620.28	769.76	931.04	1,135	1,459
Total Liabilities & Equity	1,122	1,107	1,255	1,625	1,855	2,514
Total Debt	317	291.68	264.26	565.61	619.97	949.22
Net Cash (Debt)	-160.16	-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	-0.22	-0.17	0.03	0.23	0.48	0.86
Filing Date Shares Outstanding	720.95	697.34	703.54	703.83	721.24	721.23
Total Common Shares Outstanding	720.95	697.34	703.54	703.83	721.24	721.23
Working Capital	69.4	46.8	367.3	638.42	829.62	1,139
Book Value Per Share	0.86	0.89	1.09	1.32	1.57	2.02
Tangible Book Value	530.06	526.67	668.86	822.61	1,019	1,333
Tangible Book Value Per Share	0.74	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.