SHA:603828 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	283.03	357.76	460.62	358.97	289.96
Trading Asset Securities	-	-	-	-	20
Cash & Short-Term Investments	283.03	357.76	460.62	358.97	309.96
Cash Growth	-20.89%	-22.33%	28.32%	15.81%	-58.34%
Accounts Receivable	2,014	2,596	2,776	2,618	2,794
Other Receivables	68.13	31.67	202.01	237.4	217.51
Receivables	2,082	2,628	2,978	2,855	3,011
Inventory	2.6	6.82	8.73	19.86	10.01
Other Current Assets	88.76	63.56	91.67	84.56	109.73
Total Current Assets	2,457	3,056	3,539	3,318	3,441
Property, Plant & Equipment	492.57	509.43	549.75	539.62	556.54
Long-Term Investments	15.62	39.95	84.76	142.67	164.59
Goodwill	-	-	-	-	44.33
Other Intangible Assets	576.9	637.42	697.99	755.75	552.06
Long-Term Deferred Tax Assets	162.67	170.54	176.63	181.99	120.83
Long-Term Deferred Charges	-	0.21	0.58	0.95	1.31
Other Long-Term Assets	74.37	130.65	192.43	306.82	313.22
Total Assets	3,779	4,544	5,241	5,246	5,194
Accounts Payable	1,446	1,804	1,949	1,742	1,977
Accrued Expenses	38.25	32.29	33.21	37.65	38.47
Short-Term Debt	779.05	750.67	1,128	1,491	796.18
Current Portion of Long-Term Debt	91.4	69.42	60.48	45.42	0.77
Current Portion of Leases	-	1.49	5.42	5.22	5.16
Current Income Taxes Payable	3.41	-	-	1.88	0.51
Current Unearned Revenue	67.19	131.16	70.89	95.6	70.76
Other Current Liabilities	195.68	256.1	437.96	254.8	320.78
Total Current Liabilities	2,621	3,045	3,686	3,674	3,210
Long-Term Debt	582.39	676.81	735.47	602.71	665.89
Long-Term Leases	0.3	3.83	5.6	8.18	12.44
Long-Term Unearned Revenue	35.85	37.18	38.51	39.95	39.95
Long-Term Deferred Tax Liabilities	1.3	1.9	1.12	16.84	1.11
Total Liabilities	3,241	3,765	4,466	4,342	3,929
Common Stock	595.96	595.96	595.96	595.96	610.44
Additional Paid-In Capital	239.52	239.52	239.52	239.52	278.93
Retained Earnings	-326.35	-92.19	-100.77	27.61	370.46
Treasury Stock	-0.12	-0.12	-0.12	-0.12	-39.3
Total Common Equity	509.01	743.17	734.59	862.97	1,221
Minority Interest	29.23	36.12	40.33	41.55	44
Shareholders' Equity	538.24	779.29	774.92	904.53	1,265
Total Liabilities & Equity	3,779	4,544	5,241	5,246	5,194
Total Debt	1,453	1,502	1,935	2,152	1,480
Net Cash (Debt)	-1,170	-1,144	-1,474	-1,793	-1,170
Net Cash Per Share	-1.95	-1.33	-2.53	-2.93	-1.92
Filing Date Shares Outstanding	657.26	595.96	595.96	595.96	610.44
Total Common Shares Outstanding	657.26	595.96	595.96	595.96	610.44
Working Capital	-164.07	10.8	-146.54	-355.59	231.05
Book Value Per Share	0.77	1.25	1.23	1.45	2.00
Tangible Book Value	-67.9	105.75	36.59	107.22	624.14
Tangible Book Value Per Share	-0.10	0.18	0.06	0.18	1.02
Buildings	-	657.29	659.23	598.84	432.3
Machinery	-	126.86	127.34	129.14	115.47
Construction In Progress	-	-	-	-	162.08
Order Backlog	-	2,192	-	-	-

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