SHA:603797 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	105.84	108.8	395.8	577.78	893.2
Trading Asset Securities	-	-	-	0.01	-
Cash & Short-Term Investments	105.84	108.8	395.8	577.79	893.2
Cash Growth	-2.72%	-72.51%	-31.50%	-35.31%	119.75%
Accounts Receivable	1,769	1,466	1,160	742.07	201.62
Other Receivables	32.17	129.36	192.12	131.46	86.3
Receivables	1,802	1,596	1,352	873.53	287.93
Inventory	8.64	7.94	7.57	45.11	5.45
Prepaid Expenses	-	-	-	0	2.56
Other Current Assets	229.56	122.83	156.28	193.28	354.69
Total Current Assets	2,146	1,835	1,911	1,690	1,544
Property, Plant & Equipment	8.49	10.22	14.2	59.92	20.51
Long-Term Investments	52.25	58.51	58.75	54.16	46.11
Goodwill	-	-	-	26.37	-
Other Intangible Assets	3,350	3,523	3,679	3,784	3,730
Long-Term Deferred Tax Assets	88.61	64.77	46.03	28.87	18.92
Long-Term Deferred Charges	3.27	2.43	2.87	1.08	1.96
Other Long-Term Assets	4,308	4,464	4,562	4,609	4,401
Total Assets	9,956	9,958	10,274	10,253	9,762
Accounts Payable	629.08	620.13	729.48	823.99	1,102
Accrued Expenses	17.52	30.82	22.78	48.41	26.57
Short-Term Debt	245.27	255.39	420.48	472	12
Current Portion of Long-Term Debt	424.57	626.25	431.28	397.23	295.98
Current Portion of Leases	-	50.1	-	-	0.01
Current Income Taxes Payable	37.1	17.04	13.36	13.91	21.28
Current Unearned Revenue	14.87	35.64	27.3	20.56	16.8
Other Current Liabilities	134.8	28.07	25.34	68.26	21.47
Total Current Liabilities	1,503	1,663	1,670	1,844	1,496
Long-Term Debt	4,490	4,624	5,206	5,234	5,140
Long-Term Leases	-	62.62	-	-	-
Long-Term Deferred Tax Liabilities	146.45	127.17	111.15	96.24	73.83
Other Long-Term Liabilities	347.47	95.28	86.66	74.35	58.3
Total Liabilities	6,487	6,572	7,074	7,249	6,769
Common Stock	576.61	584.23	584.13	584.11	584.07
Additional Paid-In Capital	1,151	1,155	1,154	1,163	1,151
Retained Earnings	1,576	1,499	1,320	1,097	934.17
Treasury Stock	-	-50.12	-50.12	-50.12	-1.03
Comprehensive Income & Other	-0.54	36.31	36.46	36.3	36.48
Total Common Equity	3,303	3,224	3,044	2,831	2,704
Minority Interest	166.9	161.47	156.2	173.24	288.83
Shareholders' Equity	3,469	3,386	3,200	3,004	2,993
Total Liabilities & Equity	9,956	9,958	10,274	10,253	9,762
Total Debt	5,159	5,618	6,058	6,104	5,448
Net Cash (Debt)	-5,054	-5,510	-5,662	-5,526	-4,555
Net Cash Per Share	-8.64	-9.51	-9.67	-9.18	-8.41
Filing Date Shares Outstanding	634.59	576.34	576.24	576.23	583.92
Total Common Shares Outstanding	634.59	576.34	576.24	576.23	583.92
Working Capital	642.4	171.81	241.33	-154.65	47.32
Book Value Per Share	5.20	5.59	5.28	4.91	4.63
Tangible Book Value	-47.3	-298.48	-634.77	-980.12	-1,025
Tangible Book Value Per Share	-0.07	-0.52	-1.10	-1.70	-1.76
Buildings	-	-	-	5.74	-
Machinery	-	34.26	36.58	93.54	37.1
Construction In Progress	-	-	-	0.3	-

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