SHA:603955 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	120.61	130.83	276.51	361.7	473.65	592.55
Trading Asset Securities	13.35	13	6.72	6.66	18.86	131.4
Cash & Short-Term Investments	133.96	143.83	283.23	368.36	492.51	723.95
Cash Growth	-16.46%	-49.22%	-23.11%	-25.21%	-31.97%	7.72%
Accounts Receivable	511.58	560.89	561.7	796.9	941.63	989.86
Other Receivables	23.36	702.97	371.5	303.53	258.8	232.89
Receivables	534.94	1,264	933.2	1,100	1,200	1,223
Inventory	34.65	39.32	15.02	14.83	32.28	43.75
Prepaid Expenses	-	0.25	0.64	0.27	0.66	-
Other Current Assets	697.25	31.72	17.78	10.61	13.47	22.38
Total Current Assets	1,401	1,479	1,250	1,495	1,739	2,013
Property, Plant & Equipment	125.77	129.86	51.74	65.74	60.68	68.9
Long-Term Investments	248.69	245.01	231.07	227.02	222.78	209.29
Other Intangible Assets	43.17	44.48	-	0.01	0.27	2.02
Long-Term Accounts Receivable	-	703.22	971.67	1,122	1,262	1,303
Long-Term Deferred Tax Assets	28.9	20.67	-	-	15.86	11.58
Long-Term Deferred Charges	34.03	36.64	1.14	0.95	1.54	2.31
Other Long-Term Assets	747.62	32.27	32.78	41.34	60.09	68.49
Total Assets	2,629	2,691	2,538	2,952	3,362	3,679
Accounts Payable	130.49	181.32	190.26	302.16	427.77	608.8
Accrued Expenses	13.48	25.58	22.12	20.73	21.8	24.55
Short-Term Debt	167.86	160.87	-	119.05	229.26	273.35
Current Portion of Long-Term Debt	117.82	99.93	87.47	197.77	113.65	95.64
Current Portion of Leases	-	19.3	0.52	0.19	1.09	3.11
Current Income Taxes Payable	96.71	84.41	69.6	56.59	42.58	30.58
Current Unearned Revenue	4.66	3.22	0.84	1.71	1.29	4.14
Other Current Liabilities	145.33	139.74	89.54	129.74	126.66	151.14
Total Current Liabilities	676.36	714.36	460.35	827.95	964.09	1,191
Long-Term Debt	191	191	290.6	378.09	575.93	689.63
Long-Term Leases	42.42	46.8	0.72	-	0.19	1.94
Total Liabilities	909.79	952.16	751.68	1,206	1,540	1,883
Common Stock	135.72	135.72	135.72	135.72	135.72	135.72
Additional Paid-In Capital	843.35	843.35	835.18	835.18	835.18	835.95
Retained Earnings	455.86	468.5	597.9	568.76	652	641.25
Comprehensive Income & Other	-6	-6	-6	-6	-3.17	-3.12
Total Common Equity	1,429	1,442	1,563	1,534	1,620	1,610
Minority Interest	290.26	297.4	223.8	211.88	202.52	186.18
Shareholders' Equity	1,719	1,739	1,787	1,746	1,822	1,796
Total Liabilities & Equity	2,629	2,691	2,538	2,952	3,362	3,679
Total Debt	519.11	517.9	379.32	695.1	920.11	1,064
Net Cash (Debt)	-385.15	-374.07	-96.09	-326.74	-427.6	-339.72
Net Cash Per Share	-2.84	-2.76	-0.71	-2.41	-3.15	-2.50
Filing Date Shares Outstanding	135.69	135.72	135.72	135.72	135.72	135.72
Total Common Shares Outstanding	135.69	135.72	135.72	135.72	135.72	135.72
Working Capital	724.43	764.63	789.51	666.55	775.27	821.51
Book Value Per Share	10.53	10.62	11.51	11.30	11.93	11.86
Tangible Book Value	1,386	1,397	1,563	1,534	1,619	1,608
Tangible Book Value Per Share	10.21	10.29	11.51	11.30	11.93	11.85
Buildings	-	57.1	55.34	69.38	58.58	50.31
Machinery	-	36.04	17.8	19.77	21.87	24.56
Construction In Progress	-	-	-	-	-	8.57
Order Backlog	-	322.24	-	-	-	-

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