SHA:603813 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	65.63	69.72	86.33	80.57	54.78	72.56
Trading Asset Securities	-	-	20.03	70.34	104.6	-
Cash & Short-Term Investments	65.63	69.72	106.36	150.91	159.38	72.56
Cash Growth	-37.05%	-34.45%	-29.52%	-5.31%	119.65%	6.13%
Accounts Receivable	188.65	187.17	95.59	105.82	112.73	107.71
Other Receivables	26.28	24.51	21.8	12	11.39	10.3
Receivables	214.93	211.68	117.39	117.82	124.12	118.02
Inventory	4.83	4.4	5.52	0.28	0.29	0.29
Prepaid Expenses	-	-	-	0.01	0.02	-
Other Current Assets	49.19	45.89	36.66	5.47	8.79	7.42
Total Current Assets	334.59	331.7	265.94	274.49	292.6	198.3
Property, Plant & Equipment	1,020	1,027	904.81	756.58	799.62	743.95
Long-Term Investments	3.03	3.22	3.25	3.49	-	-
Other Intangible Assets	52.11	52.46	53.89	55.14	56.55	58.09
Long-Term Deferred Tax Assets	0.04	0.05	0.02	8.85	9.58	6.1
Long-Term Deferred Charges	100.53	102.67	111.34	118.66	126.73	131.8
Other Long-Term Assets	8.07	8.19	0.85	35.9	43.44	19.92
Total Assets	1,518	1,525	1,340	1,253	1,329	1,158
Accounts Payable	141.67	83	55.42	78.97	38.94	27.03
Accrued Expenses	7.28	7.84	10.06	15.96	69.32	65.77
Short-Term Debt	93.09	95.08	20	-	10	40
Current Portion of Long-Term Debt	30.35	10.14	-	-	-	-
Current Portion of Leases	-	50.61	17.2	15.3	13.02	36.46
Current Income Taxes Payable	2.95	1.92	0.26	0.44	2.65	2.03
Current Unearned Revenue	1.9	8.34	8.49	8.05	8.76	7.54
Other Current Liabilities	68.14	122.76	53.05	20.27	38.69	18.5
Total Current Liabilities	345.38	379.7	164.48	138.98	181.39	197.34
Long-Term Debt	96.33	40.3	-	-	-	-
Long-Term Leases	561.39	568.49	581.51	436.97	452.67	438.99
Long-Term Unearned Revenue	-	-	-	-	-	0.13
Long-Term Deferred Tax Liabilities	0.09	0.06	-	-	-	-
Other Long-Term Liabilities	28.46	28.48	0.93	0.23	-	0.54
Total Liabilities	1,032	1,017	746.92	576.18	634.06	637
Common Stock	105.02	105.02	105.02	106.23	106.28	88.78
Additional Paid-In Capital	394.92	394.92	399.64	406.36	396.29	249.33
Retained Earnings	6.01	25.91	95.89	172.6	210.28	181.87
Treasury Stock	-10.01	-10.01	-10.01	-9.43	-19.28	-
Comprehensive Income & Other	0.22	0.17	0.36	0.2	0.4	0.62
Total Common Equity	496.16	516	590.89	675.96	693.97	520.6
Minority Interest	-9.38	-7.88	2.28	0.98	0.48	0.55
Shareholders' Equity	486.78	508.12	593.17	676.93	694.45	521.15
Total Liabilities & Equity	1,518	1,525	1,340	1,253	1,329	1,158
Total Debt	781.15	764.62	618.71	452.26	475.7	515.45
Net Cash (Debt)	-715.52	-694.89	-512.34	-301.35	-316.32	-442.89
Net Cash Per Share	-6.91	-6.65	-4.95	-3.05	-3.44	-5.03
Filing Date Shares Outstanding	104.74	104.23	104.23	106.23	106.28	88.78
Total Common Shares Outstanding	104.74	104.23	104.23	106.23	106.28	88.78
Working Capital	-10.79	-48	101.45	135.51	111.22	0.96
Book Value Per Share	4.74	4.95	5.67	6.36	6.53	5.86
Tangible Book Value	444.05	463.54	537	620.82	637.42	462.5
Tangible Book Value Per Share	4.24	4.45	5.15	5.84	6.00	5.21
Buildings	-	453.6	463.67	431.94	416.94	309.51
Machinery	-	169.33	154.28	140.56	139.23	142.47
Construction In Progress	-	164.1	1.33	-	2.43	1.06