SHA:603716 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	135.2	130.94	209.44	278.59	394.54	473.55
Trading Asset Securities	2.05	1.35	-	-	-	12
Cash & Short-Term Investments	137.25	132.29	209.44	278.59	394.54	485.55
Cash Growth	-17.80%	-36.84%	-24.82%	-29.39%	-18.74%	-26.63%
Accounts Receivable	700.53	765.02	1,361	1,608	1,832	1,830
Other Receivables	61.51	58.66	119.63	88.81	189.1	346.41
Receivables	762.04	823.68	1,481	1,697	2,021	2,177
Inventory	199.16	223.38	326.16	341.6	420.75	463.61
Prepaid Expenses	-	-	-	-	1	-
Other Current Assets	68.08	59.02	70.62	77.88	112.79	116.04
Total Current Assets	1,167	1,238	2,087	2,395	2,951	3,242
Property, Plant & Equipment	122.03	127.88	159.38	204.24	233.94	277.43
Long-Term Investments	266.51	253.25	284.96	277.44	333.04	267.13
Goodwill	15.09	15.09	43.7	115.8	142.41	155.02
Other Intangible Assets	29.13	30.36	33	34.3	29.82	31.32
Long-Term Accounts Receivable	-	-	-	43.12	49.74	61.86
Long-Term Deferred Tax Assets	119.59	115.12	152.62	197.21	126.13	82.49
Long-Term Deferred Charges	18.16	19.93	30.22	24.94	31.46	34.02
Other Long-Term Assets	2.44	2.44	39.06	50.03	61.71	142.27
Total Assets	1,739	1,802	2,830	3,342	3,959	4,294
Accounts Payable	206.66	260.82	730.75	747.1	737.56	583.76
Accrued Expenses	17.02	19.24	41.3	35.3	47.44	54.11
Short-Term Debt	252.62	230.42	422.76	443.7	778.87	690.25
Current Portion of Long-Term Debt	102.57	206.24	11.7	0.2	51.5	90
Current Portion of Leases	-	-	12.71	9.2	15.63	20.21
Current Income Taxes Payable	10.72	18.09	14.41	18.2	17.77	27.53
Current Unearned Revenue	22.51	23.33	35.39	23.35	26.85	65.67
Other Current Liabilities	113.15	114.63	102.43	118.42	160.81	204.99
Total Current Liabilities	725.25	872.77	1,371	1,395	1,836	1,737
Long-Term Debt	3.01	3.01	451.82	563.89	527.37	751.38
Long-Term Leases	18.2	16.38	25.86	32.87	31.74	47.48
Long-Term Unearned Revenue	-	-	0.05	0.07	0.14	0.15
Long-Term Deferred Tax Liabilities	4.96	5.17	10.82	13.29	17.4	5.88
Other Long-Term Liabilities	1.69	0.62	8.04	21.53	48.82	9.26
Total Liabilities	753.1	897.96	1,868	2,027	2,462	2,551
Common Stock	218.08	210.19	190.99	202.1	203.52	205.02
Additional Paid-In Capital	1,007	899.78	627.45	819.86	833.91	854.43
Retained Earnings	-134.38	-116.86	90.43	299.67	456.65	611.46
Treasury Stock	-24.03	-24.03	-24.03	-175.67	-187.68	-200.55
Comprehensive Income & Other	-40.86	-24.39	49.46	64.95	96.18	91.72
Total Common Equity	1,026	944.69	934.29	1,211	1,403	1,562
Minority Interest	-39.9	-40.2	27.75	103.78	94.33	180.83
Shareholders' Equity	986.39	904.49	962.04	1,315	1,497	1,743
Total Liabilities & Equity	1,739	1,802	2,830	3,342	3,959	4,294
Total Debt	376.4	456.05	924.84	1,050	1,405	1,599
Net Cash (Debt)	-239.15	-323.76	-715.41	-771.26	-1,011	-1,114
Net Cash Per Share	-1.18	-1.63	-3.73	-3.99	-5.19	-5.62
Filing Date Shares Outstanding	218.99	200.72	187.01	191.73	193.12	198.02
Total Common Shares Outstanding	218.99	200.72	187.01	191.73	193.12	198.02
Working Capital	441.28	365.6	715.68	999.26	1,114	1,506
Book Value Per Share	4.69	4.71	5.00	6.32	7.26	7.89
Tangible Book Value	982.08	899.24	857.59	1,061	1,230	1,376
Tangible Book Value Per Share	4.48	4.48	4.59	5.53	6.37	6.95
Buildings	-	-	18.68	18.68	18.56	18.56
Machinery	-	-	71.24	82.36	76.45	63.21
Construction In Progress	-	-	2.25	8.59	3.43	12.09

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