SHA:603815 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	440.13	505.45	849.41	1,243	1,428	1,288
Trading Asset Securities	-	-	-	-	-	29.26
Cash & Short-Term Investments	440.13	505.45	849.41	1,243	1,428	1,317
Cash Growth	-13.61%	-40.49%	-31.67%	-12.95%	8.44%	49.77%
Accounts Receivable	3,919	4,631	5,587	5,626	5,481	4,659
Other Receivables	145.13	324.11	290.59	537.44	336.1	219.57
Receivables	4,065	4,955	5,878	6,164	5,817	4,878
Inventory	111.39	110.09	123.58	137.37	27.32	45.54
Prepaid Expenses	-	-	-	-	2.46	7.37
Other Current Assets	264.8	188.27	174.04	129.28	94.45	148.21
Total Current Assets	4,881	5,759	7,025	7,673	7,369	6,396
Property, Plant & Equipment	74.24	82.65	95.08	106.38	54.34	49.94
Long-Term Investments	262.24	262.24	325.48	308.08	99.31	91.28
Other Intangible Assets	1.37	1.55	2.4	2.48	1.38	1.82
Long-Term Accounts Receivable	-	-	-	951.67	658.18	1,114
Long-Term Deferred Tax Assets	228.55	238.74	112.31	94.07	80.67	75.16
Long-Term Deferred Charges	2.49	2.77	7.46	8.57	0.22	0.4
Other Long-Term Assets	2,820	2,735	2,582	1,715	1,343	519.35
Total Assets	8,270	9,081	10,150	10,859	9,607	8,248
Accounts Payable	4,002	4,818	5,124	5,590	5,021	4,129
Accrued Expenses	31.95	50.75	69.2	98.88	57.47	55.57
Short-Term Debt	502.65	476.8	456.5	626.09	476.67	275.86
Current Portion of Long-Term Debt	211.34	272.64	161.86	192.97	81.43	71.41
Current Portion of Leases	-	11.62	9.64	9.72	3.81	3.83
Current Income Taxes Payable	24.85	17.99	34.09	41.84	42.44	38.46
Current Unearned Revenue	101.39	70.43	50.32	170.52	230.63	118.31
Other Current Liabilities	493.28	538.2	711.48	707.67	555.29	515.61
Total Current Liabilities	5,368	6,257	6,618	7,437	6,469	5,208
Long-Term Debt	1,030	1,008	970.58	918.33	789.17	812.23
Long-Term Leases	2.04	2.6	12.15	23.01	3.59	6.08
Long-Term Deferred Tax Liabilities	0.2	0.21	0.52	0.46	0.42	12.94
Other Long-Term Liabilities	201.62	205.25	83.82	71.24	71.67	78.69
Total Liabilities	6,602	7,473	7,685	8,450	7,334	6,118
Common Stock	618.92	618.92	618.92	618.92	618.92	618.92
Additional Paid-In Capital	924.56	924.56	902.03	902.03	902.03	902.03
Retained Earnings	55.47	-1.89	821.15	743.52	631.8	512.1
Treasury Stock	-40.01	-40.01	-10	-	-	-
Comprehensive Income & Other	15.63	14.23	18.15	17.85	19.91	21.43
Total Common Equity	1,575	1,516	2,350	2,282	2,173	2,054
Minority Interest	93.07	92.27	115.17	126.71	99.82	75.24
Shareholders' Equity	1,668	1,608	2,465	2,409	2,272	2,130
Total Liabilities & Equity	8,270	9,081	10,150	10,859	9,607	8,248
Total Debt	1,746	1,772	1,611	1,770	1,355	1,169
Net Cash (Debt)	-1,306	-1,267	-761.32	-527.08	73.29	147.46
Net Cash Growth	-	-	-	-	-50.30%	-
Net Cash Per Share	-2.14	-2.05	-1.23	-0.85	0.12	0.27
Filing Date Shares Outstanding	637.26	612.38	612.38	618.92	618.92	618.92
Total Common Shares Outstanding	637.26	612.38	612.38	618.92	618.92	618.92
Working Capital	-487.04	-497.97	407.31	236.25	900.08	1,188
Book Value Per Share	2.47	2.48	3.84	3.69	3.51	3.32
Tangible Book Value	1,573	1,514	2,348	2,280	2,171	2,053
Tangible Book Value Per Share	2.47	2.47	3.83	3.68	3.51	3.32
Buildings	-	2.34	9.08	9.08	9.08	9.08
Machinery	-	109.51	105.03	101.57	72.11	61.14
Construction In Progress	-	5.54	-	-	-	-
Order Backlog	-	6,310	-	-	-	-

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