SHA:603682 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
Property, Plant & Equipment	2,882	2,987	3,746	3,807	3,217	3,375
Cash & Equivalents	60.4	159.93	244.81	162.23	272.69	246.84
Accounts Receivable	215.02	218.83	155.69	97.92	104.88	61.87
Other Receivables	9.75	8.31	16.76	36.94	46.15	11.18
Investment In Debt and Equity Securities	-	-	-	1.15	3.84	4.16
Goodwill	52.46	52.46	52.46	117.21	79.04	79.04
Other Intangible Assets	1.54	1.73	2.47	3.81	5.99	7.28
Other Current Assets	59.99	38.87	23.7	24.71	24.22	61.78
Trading Asset Securities	55	58.09	90.14	130.15	100.1	70.22
Deferred Long-Term Tax Assets	180.13	176.88	172.71	163.22	168.87	189.7
Deferred Long-Term Charges	579.33	596.24	682.64	767.92	707.98	699.75
Other Long-Term Assets	247.79	253.57	303.2	324.6	531.9	549.96
Total Assets	4,343	4,551	5,491	5,637	5,263	5,357
Current Portion of Leases	-	-	-	-	340.99	262.74
Long-Term Leases	2,973	3,045	3,439	3,435	3,086	3,203
Accounts Payable	35.54	37.18	66.23	131.15	68.7	50.08
Accrued Expenses	7	20.67	24.68	26.07	24.71	16.76
Current Income Taxes Payable	13.96	8.78	24.83	14.44	15.1	21.07
Current Unearned Revenue	52.38	59.53	56.66	15.7	51.63	55.78
Other Current Liabilities	604.15	624.19	749.87	717.47	371.38	378.3
Long-Term Unearned Revenue	3.17	3.36	4.46	5.71	6.85	8.88
Long-Term Deferred Tax Liabilities	26.94	28.83	72.37	95.9	66.18	107.74
Other Long-Term Liabilities	-	-	0	1.85	1.89	1.94
Total Liabilities	3,716	3,828	4,438	4,443	4,033	4,107
Common Stock	472.5	472.5	472.5	472.5	472.5	472.5
Additional Paid-In Capital	590.61	590.61	590.32	601.36	600.18	598.99
Retained Earnings	-412.84	-318	-43.21	45.98	51.1	58.01
Total Common Equity	650.28	745.11	1,020	1,120	1,124	1,130
Minority Interest	-22.91	-21.61	33.16	73.38	106.25	121.12
Shareholders' Equity	627.37	723.5	1,053	1,193	1,230	1,251
Total Liabilities & Equity	4,343	4,551	5,491	5,637	5,263	5,357
Total Debt	2,973	3,045	3,439	3,435	3,427	3,466
Net Cash (Debt)	-2,857	-2,827	-3,104	-3,143	-3,054	-3,149
Net Cash Per Share	-6.12	-5.95	-6.31	-6.68	-6.61	-6.60
Filing Date Shares Outstanding	455.62	472.5	472.5	472.5	472.5	472.5
Total Common Shares Outstanding	455.62	472.5	472.5	472.5	472.5	472.5
Book Value Per Share	1.43	1.58	2.16	2.37	2.38	2.39
Tangible Book Value	596.28	690.92	964.68	998.83	1,039	1,043
Tangible Book Value Per Share	1.31	1.46	2.04	2.11	2.20	2.21
Construction In Progress	-	-	0.21	0.1	1.91	20.89

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