SHA:603828 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	208.87	283.03	357.76	460.62	358.97	289.96
Trading Asset Securities	-	-	-	-	-	20
Cash & Short-Term Investments	208.87	283.03	357.76	460.62	358.97	309.96
Cash Growth	30.82%	-20.89%	-22.33%	28.32%	15.81%	-58.34%
Accounts Receivable	1,724	2,014	2,596	2,776	2,618	2,794
Other Receivables	70.37	68.13	31.67	202.01	237.4	217.51
Receivables	1,795	2,082	2,628	2,978	2,855	3,011
Inventory	2.69	2.6	6.82	8.73	19.86	10.01
Other Current Assets	92.08	88.76	63.56	91.67	84.56	109.73
Total Current Assets	2,098	2,457	3,056	3,539	3,318	3,441
Property, Plant & Equipment	484.07	492.57	509.43	549.75	539.62	556.54
Long-Term Investments	15.58	15.62	39.95	84.76	142.67	164.59
Goodwill	-	-	-	-	-	44.33
Other Intangible Assets	562.32	576.9	637.42	697.99	755.75	552.06
Long-Term Deferred Tax Assets	155.28	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	74.79	74.37	130.65	192.43	306.82	313.22
Total Assets	3,390	3,779	4,544	5,241	5,246	5,194
Accounts Payable	1,071	1,446	1,804	1,949	1,742	1,977
Accrued Expenses	15.61	38.25	32.29	33.21	37.65	38.47
Short-Term Debt	804.61	779.05	750.67	1,128	1,491	796.18
Current Portion of Long-Term Debt	93.73	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	3.21	3.41	-	-	1.88	0.51
Current Unearned Revenue	75.96	67.19	131.16	70.89	95.6	70.76
Other Current Liabilities	179.72	195.68	256.1	437.96	254.8	320.78
Total Current Liabilities	2,244	2,621	3,045	3,686	3,674	3,210
Long-Term Debt	567.73	582.39	676.81	735.47	602.71	665.89
Long-Term Leases	0.13	0.3	3.83	5.6	8.18	12.44
Long-Term Unearned Revenue	35.51	35.85	37.18	38.51	39.95	39.95
Long-Term Deferred Tax Liabilities	1.28	1.3	1.9	1.12	16.84	1.11
Total Liabilities	2,849	3,241	3,765	4,466	4,342	3,929
Common Stock	595.96	595.96	595.96	595.96	595.96	610.44
Additional Paid-In Capital	239.52	239.52	239.52	239.52	239.52	278.93
Retained Earnings	-323.31	-326.35	-92.19	-100.77	27.61	370.46
Treasury Stock	-0.12	-0.12	-0.12	-0.12	-0.12	-39.3
Total Common Equity	512.05	509.01	743.17	734.59	862.97	1,221
Minority Interest	29.25	29.23	36.12	40.33	41.55	44
Shareholders' Equity	541.3	538.24	779.29	774.92	904.53	1,265
Total Liabilities & Equity	3,390	3,779	4,544	5,241	5,246	5,194
Total Debt	1,466	1,453	1,502	1,935	2,152	1,480
Net Cash (Debt)	-1,257	-1,170	-1,144	-1,474	-1,793	-1,170
Net Cash Per Share	-2.43	-1.95	-1.33	-2.53	-2.93	-1.92
Filing Date Shares Outstanding	304.66	657.26	595.96	595.96	595.96	610.44
Total Common Shares Outstanding	304.66	657.26	595.96	595.96	595.96	610.44
Working Capital	-146.08	-164.07	10.8	-146.54	-355.59	231.05
Book Value Per Share	1.68	0.77	1.25	1.23	1.45	2.00
Tangible Book Value	-50.26	-67.9	105.75	36.59	107.22	624.14
Tangible Book Value Per Share	-0.16	-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.