SHA:603843 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	513.85	67.38	197.35	402.95	673.18	919.79
Short-Term Investments	-	-	-	-	107.32	151.21
Cash & Short-Term Investments	513.85	67.38	197.35	402.95	780.5	1,071
Cash Growth	255.81%	-65.86%	-51.02%	-48.37%	-27.12%	10.09%
Accounts Receivable	2,609	3,094	3,040	3,684	4,120	4,821
Other Receivables	354.07	320.44	339.01	348.44	294.18	330.69
Receivables	2,963	3,414	3,379	4,032	4,414	5,151
Inventory	11.72	21.45	26.1	34.14	75.15	64.21
Prepaid Expenses	-	3.9	5.41	8.6	-	7.7
Other Current Assets	149.86	220.6	184.91	187.88	239.01	230.8
Total Current Assets	3,638	3,728	3,793	4,666	5,509	6,525
Property, Plant & Equipment	762.64	765.87	842.9	860.39	797.56	825.91
Long-Term Investments	600.25	585.53	548.63	676.92	755.55	841.97
Goodwill	29.84	29.84	31.71	31.71	32.67	32.67
Other Intangible Assets	1,350	1,350	1,374	1,287	317.43	327.69
Long-Term Accounts Receivable	-	508.9	448.51	448.51	1,258	979.87
Long-Term Deferred Tax Assets	240.18	243.58	235.13	164.5	104.74	60.08
Long-Term Deferred Charges	8.98	9.7	11.38	16.68	23.71	37.33
Other Long-Term Assets	590.11	91.75	87.7	76.19	82.9	61.66
Total Assets	7,221	7,312	7,374	8,228	8,881	9,692
Accounts Payable	1,806	2,331	2,557	2,932	3,204	3,913
Accrued Expenses	166	357.94	256.02	147.52	113.17	196.12
Short-Term Debt	1,253	1,776	1,738	1,436	1,152	855.36
Current Portion of Long-Term Debt	452.09	367.7	158.53	321.23	101.08	295.46
Current Portion of Leases	-	22.26	23.19	21.41	23.35	21.8
Current Income Taxes Payable	76.54	17.45	15.6	16.44	19.75	49.56
Current Unearned Revenue	244.33	219.29	364.97	394.88	469.27	582.33
Other Current Liabilities	2,154	1,039	751.48	780.11	1,040	809.12
Total Current Liabilities	6,153	6,130	5,864	6,050	6,123	6,723
Long-Term Debt	743.44	825.37	971.37	836.55	806.95	721.74
Long-Term Leases	-	-	0.85	10.49	12.55	12.04
Long-Term Unearned Revenue	34.11	34.41	34.77	35.92	36.7	37.93
Long-Term Deferred Tax Liabilities	0.89	0.88	0.43	0.3	0.66	0.05
Other Long-Term Liabilities	0.24	0.24	0.24	0.24	0.24	0.24
Total Liabilities	6,931	6,991	6,872	6,934	6,980	7,495
Common Stock	699.62	699.62	699.62	699.62	699.62	699.62
Additional Paid-In Capital	397.45	397.46	397.9	397.9	399.26	399.83
Retained Earnings	-914.82	-888.71	-747.05	-106.78	424.82	655.3
Comprehensive Income & Other	-156.49	-157.88	-131.29	-17.6	47.01	113.71
Total Common Equity	25.76	50.49	219.19	973.14	1,571	1,868
Minority Interest	263.27	270.83	282.68	320.9	330.59	328.59
Shareholders' Equity	289.03	321.32	501.87	1,294	1,901	2,197
Total Liabilities & Equity	7,221	7,312	7,374	8,228	8,881	9,692
Total Debt	2,449	2,991	2,892	2,626	2,096	1,906
Net Cash (Debt)	-1,935	-2,924	-2,694	-2,223	-1,316	-835.39
Net Cash Per Share	-2.81	-4.13	-3.86	-3.18	-1.91	-1.34
Filing Date Shares Outstanding	652.89	699.62	699.62	699.62	699.62	699.62
Total Common Shares Outstanding	652.89	699.62	699.62	699.62	699.62	699.62
Working Capital	-2,514	-2,402	-2,071	-1,385	-613.82	-198.13
Book Value Per Share	0.04	0.07	0.31	1.39	2.25	2.67
Tangible Book Value	-1,354	-1,329	-1,187	-345.95	1,221	1,508
Tangible Book Value Per Share	-2.07	-1.90	-1.70	-0.49	1.74	2.16
Buildings	-	563.44	553.98	558.59	591.95	605.19
Machinery	-	252.38	312.02	383.91	398.49	478.78
Construction In Progress	-	243	303.19	272.47	137.3	106.2
Order Backlog	-	3,653	-	-	-	-

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