SHA:603797 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	35.03	105.84	108.8	395.8	577.78	893.2
Trading Asset Securities	-	-	-	-	0.01	-
Cash & Short-Term Investments	35.03	105.84	108.8	395.8	577.79	893.2
Cash Growth	-69.00%	-2.72%	-72.51%	-31.50%	-35.31%	119.75%
Accounts Receivable	1,878	1,769	1,466	1,160	742.07	201.62
Other Receivables	32.34	32.17	129.36	192.12	131.46	86.3
Receivables	1,910	1,802	1,596	1,352	873.53	287.93
Inventory	9.2	8.64	7.94	7.57	45.11	5.45
Prepaid Expenses	-	-	-	-	0	2.56
Other Current Assets	220.49	229.56	122.83	156.28	193.28	354.69
Total Current Assets	2,175	2,146	1,835	1,911	1,690	1,544
Property, Plant & Equipment	5.07	8.49	10.22	14.2	59.92	20.51
Long-Term Investments	52.41	52.25	58.51	58.75	54.16	46.11
Goodwill	-	-	-	-	26.37	-
Other Intangible Assets	3,307	3,350	3,523	3,679	3,784	3,730
Long-Term Deferred Tax Assets	93.52	88.61	64.77	46.03	28.87	18.92
Long-Term Deferred Charges	2.99	3.27	2.43	2.87	1.08	1.96
Other Long-Term Assets	4,276	4,308	4,464	4,562	4,609	4,401
Total Assets	9,912	9,956	9,958	10,274	10,253	9,762
Accounts Payable	594.29	629.08	620.13	729.48	823.99	1,102
Accrued Expenses	3.08	17.52	30.82	22.78	48.41	26.57
Short-Term Debt	250.27	245.27	255.39	420.48	472	12
Current Portion of Long-Term Debt	430.22	424.57	626.25	431.28	397.23	295.98
Current Portion of Leases	-	-	50.1	-	-	0.01
Current Income Taxes Payable	40.03	37.1	17.04	13.36	13.91	21.28
Current Unearned Revenue	14.87	14.87	35.64	27.3	20.56	16.8
Other Current Liabilities	110.76	134.8	28.07	25.34	68.26	21.47
Total Current Liabilities	1,444	1,503	1,663	1,670	1,844	1,496
Long-Term Debt	4,432	4,490	4,624	5,206	5,234	5,140
Long-Term Leases	-	-	62.62	-	-	-
Long-Term Deferred Tax Liabilities	150.1	146.45	127.17	111.15	96.24	73.83
Other Long-Term Liabilities	364.5	347.47	95.28	86.66	74.35	58.3
Total Liabilities	6,390	6,487	6,572	7,074	7,249	6,769
Common Stock	576.61	576.61	584.23	584.13	584.11	584.07
Additional Paid-In Capital	1,151	1,151	1,155	1,154	1,163	1,151
Retained Earnings	1,624	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	-0.54	36.31	36.46	36.3	36.48
Total Common Equity	3,351	3,303	3,224	3,044	2,831	2,704
Minority Interest	171.88	166.9	161.47	156.2	173.24	288.83
Shareholders' Equity	3,523	3,469	3,386	3,200	3,004	2,993
Total Liabilities & Equity	9,912	9,956	9,958	10,274	10,253	9,762
Total Debt	5,112	5,159	5,618	6,058	6,104	5,448
Net Cash (Debt)	-5,077	-5,054	-5,510	-5,662	-5,526	-4,555
Net Cash Per Share	-8.66	-8.64	-9.51	-9.67	-9.18	-8.41
Filing Date Shares Outstanding	603.06	634.59	576.34	576.24	576.23	583.92
Total Common Shares Outstanding	603.06	634.59	576.34	576.24	576.23	583.92
Working Capital	731.07	642.4	171.81	241.33	-154.65	47.32
Book Value Per Share	5.56	5.20	5.59	5.28	4.91	4.63
Tangible Book Value	43.32	-47.3	-298.48	-634.77	-980.12	-1,025
Tangible Book Value Per Share	0.07	-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.