SHA:603956 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

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	322.08	511.76	702.39	883.98	382.35
Short-Term Investments	-	-	-	5.05	-
Trading Asset Securities	114.01	41.23	16.36	100	-
Cash & Short-Term Investments	436.09	552.99	718.76	989.04	382.35
Cash Growth	-21.14%	-23.06%	-27.33%	158.68%	-51.72%
Accounts Receivable	1,116	1,048	1,002	914.51	884.77
Other Receivables	26.56	31.91	25.95	18.14	45.2
Receivables	1,142	1,080	1,028	932.65	929.97
Inventory	173.63	198.37	225.39	237.77	147.24
Prepaid Expenses	-	38.98	0.11	0.02	-
Other Current Assets	83.62	46.7	75.28	127.12	40.11
Total Current Assets	1,836	1,917	2,047	2,287	1,500
Property, Plant & Equipment	713.99	754.05	681.48	585.24	476.49
Long-Term Investments	145.06	178.98	184.55	166.83	179.65
Goodwill	89.4	110.17	115.14	115.14	4.65
Other Intangible Assets	205.65	227.11	247.99	223.17	136.18
Long-Term Deferred Tax Assets	87.42	100.53	60.12	52.13	29.57
Long-Term Deferred Charges	6.77	4.25	2.67	36.75	31.89
Other Long-Term Assets	-	-	-	0.07	29.52
Total Assets	3,084	3,292	3,339	3,466	2,388

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
Accounts Payable	388.08	295.6	300.15	276.45	247.83
Accrued Expenses	80.95	201.25	209.93	178.62	137.22
Short-Term Debt	229.18	371.9	67.12	156.63	61.01
Current Portion of Long-Term Debt	13.87	-	-	-	-
Current Portion of Leases	-	16.37	10.04	12.04	9.1
Current Income Taxes Payable	33.48	0.08	3.93	2.15	23.5
Current Unearned Revenue	161.57	131.29	137.65	211.44	97.98
Other Current Liabilities	186.97	76.5	118.02	117.86	107.2
Total Current Liabilities	1,094	1,093	846.84	955.18	683.84
Long-Term Debt	-	394.29	379.34	362.38	344.34
Long-Term Leases	24.05	34.31	6.62	12.87	11.99
Long-Term Unearned Revenue	19.18	21.03	11.21	6.32	8.6
Long-Term Deferred Tax Liabilities	9.28	13.72	8.84	11.36	0.47
Other Long-Term Liabilities	13.64	10.01	6.17	3.47	4.46
Total Liabilities	1,160	1,566	1,259	1,352	1,054

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
Common Stock	569.91	500.97	508.44	508.44	425.96
Additional Paid-In Capital	1,467	1,068	1,149	1,151	299.89
Retained Earnings	-45.84	106.78	367.96	394.98	627.42
Treasury Stock	-98.73	-93.84	-88.44	-88.44	-115.87
Comprehensive Income & Other	5.36	99.8	92.49	92.49	92.49
Total Common Equity	1,898	1,681	2,029	2,059	1,330
Minority Interest	25.94	44.15	51.23	55.62	4.03
Shareholders' Equity	1,924	1,726	2,080	2,114	1,334
Total Liabilities & Equity	3,084	3,292	3,339	3,466	2,388

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
Total Debt	267.11	816.87	463.13	543.93	426.44
Net Cash (Debt)	168.98	-263.87	255.63	445.11	-44.09
Net Cash Growth	-	-	-42.57%	-	-
Net Cash Per Share	0.31	-0.54	0.55	0.93	-0.10
Filing Date Shares Outstanding	601.83	485.53	503.28	503.28	500.97
Total Common Shares Outstanding	601.83	485.53	503.28	503.28	418.5
Working Capital	741.52	823.79	1,201	1,331	815.83
Book Value Per Share	3.15	3.46	4.03	4.09	3.18
Tangible Book Value	1,603	1,344	1,666	1,720	1,189
Tangible Book Value Per Share	2.66	2.77	3.31	3.42	2.84
Buildings	-	726.4	460.79	438.1	435.54
Machinery	-	128.88	127.04	106.05	96.66
Construction In Progress	-	5.61	210.77	127.64	10.47