SHA:603789 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	63.03	92.78	59.47	116.14	73.13	130.98
Trading Asset Securities	-	-	0.46	-	-	-
Cash & Short-Term Investments	63.03	92.78	59.93	116.14	73.13	130.98
Cash Growth	3.51%	54.82%	-48.40%	58.81%	-44.16%	43.82%
Accounts Receivable	346.5	333.71	289.8	240.49	262.23	412.76
Other Receivables	27.12	13.64	34.19	10.09	4.19	4.35
Receivables	373.61	347.34	323.99	250.59	266.42	417.11
Inventory	158.25	211	218.22	230.37	169.08	149.08
Other Current Assets	29.64	32.88	34.78	81.22	21.06	62.7
Total Current Assets	624.53	684.01	636.91	678.32	529.69	759.87
Property, Plant & Equipment	337.12	312.68	429.41	373.34	272.87	321.12
Long-Term Investments	36.45	40.6	60.11	74.85	80.91	77.44
Goodwill	-	-	-	15.95	15.95	15.95
Other Intangible Assets	44.77	43.67	77.01	89.99	87.25	88.19
Long-Term Accounts Receivable	-	-	0.72	1.13	-	-
Long-Term Deferred Tax Assets	17.43	17.44	23.99	42.12	48.28	49.92
Long-Term Deferred Charges	16.1	16.38	4.45	3.43	3.54	3.94
Other Long-Term Assets	6.78	4.76	18.6	17.49	37.59	15.37
Total Assets	1,083	1,120	1,251	1,297	1,076	1,332
Accounts Payable	224.24	256.13	405.25	296.29	143.5	230.78
Accrued Expenses	30.13	57.53	40.66	40.51	36.02	30.79
Short-Term Debt	102.7	188.52	228.63	186.33	261.96	277.45
Current Portion of Long-Term Debt	-	40.17	19.91	1.89	15.85	15.24
Current Portion of Leases	-	17.73	14.85	0.64	0.57	0.45
Current Income Taxes Payable	1.98	0.12	0.01	0.82	0.17	0
Current Unearned Revenue	14.09	11.22	12.13	77.37	21.8	46.27
Other Current Liabilities	298.31	105.31	78.93	93.63	39.26	12.5
Total Current Liabilities	671.45	676.72	800.37	697.49	519.14	613.48
Long-Term Debt	78.88	91.74	65.5	66.3	18.6	24.72
Long-Term Leases	77.35	65.98	29.5	1.05	1.81	1.49
Long-Term Unearned Revenue	16.13	16.25	63.75	62.74	16.89	22.21
Long-Term Deferred Tax Liabilities	11.73	11.73	0.9	0.72	0.85	0.65
Other Long-Term Liabilities	28.91	28.83	5.13	4.73	5.21	6.34
Total Liabilities	884.45	891.25	965.14	833.03	562.51	668.89
Common Stock	265.21	270.45	270.45	277.42	260	260
Additional Paid-In Capital	566.83	583.57	590.59	605.5	533.91	524.43
Retained Earnings	-716.83	-682.28	-583.29	-399.5	-343.71	-185.1
Treasury Stock	-24.42	-48.95	-48.95	-81.59	-	-
Comprehensive Income & Other	13.86	14.02	17.17	17.37	17.87	18.81
Total Common Equity	104.65	136.81	245.97	419.2	468.07	618.14
Minority Interest	94.07	91.47	40.1	44.39	45.49	44.79
Shareholders' Equity	198.73	228.28	286.06	463.59	513.56	662.92
Total Liabilities & Equity	1,083	1,120	1,251	1,297	1,076	1,332
Total Debt	258.94	404.14	358.39	256.22	298.79	319.35
Net Cash (Debt)	-195.91	-311.36	-298.46	-140.07	-225.65	-188.37
Net Cash Per Share	-0.72	-1.15	-1.09	-0.54	-0.87	-0.72
Filing Date Shares Outstanding	270.55	301.93	311.02	259.41	260	260
Total Common Shares Outstanding	270.55	301.93	311.02	259.41	260	260
Working Capital	-46.92	7.29	-163.45	-19.17	10.56	146.39
Book Value Per Share	0.39	0.45	0.79	1.62	1.80	2.38
Tangible Book Value	59.89	93.14	168.96	313.26	364.87	514
Tangible Book Value Per Share	0.22	0.31	0.54	1.21	1.40	1.98
Buildings	-	183.54	169.66	169.81	255.01	273.33
Machinery	-	332.76	347.62	296.2	283.02	284.64
Construction In Progress	-	2.59	175.24	168.09	0.73	2.55