SHA:603959 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	73.53	99.62	244.31	523.12	856.54	402.24
Trading Asset Securities	-	-	-	-	3.74	-
Cash & Short-Term Investments	73.53	99.62	244.31	523.12	860.27	402.24
Cash Growth	-17.91%	-59.23%	-53.30%	-39.19%	113.87%	25.58%
Accounts Receivable	757.68	1,056	1,300	1,560	1,821	1,488
Other Receivables	43.53	50.35	41.57	228.92	31.98	34.51
Receivables	801.21	1,106	1,341	1,789	1,853	1,523
Inventory	274.5	365.96	398.34	795.94	520.58	246.02
Prepaid Expenses	-	2.69	3.01	2.66	-	-
Other Current Assets	43.67	21.86	169.2	136.94	188.32	200.17
Total Current Assets	1,193	1,596	2,156	3,248	3,422	2,371
Property, Plant & Equipment	129.74	140.24	155.65	182.2	172.43	102.29
Long-Term Investments	227.31	230.82	223.57	235.72	322.47	310.35
Goodwill	11.56	15.26	19.13	137.2	165.54	155.27
Other Intangible Assets	59.07	66.39	72.97	81.75	87.2	119.27
Long-Term Deferred Tax Assets	182.5	203.54	174.81	141.28	139.37	116.17
Long-Term Deferred Charges	0.1	0.1	0.77	2.66	2.31	1.32
Other Long-Term Assets	11.86	13.1	14.76	16.42	18.08	19.74
Total Assets	1,815	2,266	2,818	4,045	4,330	3,196

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	969.64	1,202	1,439	2,118	2,301	1,044
Accrued Expenses	26.31	79.13	93.61	105.94	130.61	58.09
Short-Term Debt	635.98	584.57	576.09	646.08	547.69	567.2
Current Portion of Long-Term Debt	0.13	-	2.6	0.12	-	-
Current Portion of Leases	-	3.13	5.02	8.68	10.49	5.24
Current Income Taxes Payable	26.24	1.55	1.35	3.89	4.69	-
Current Unearned Revenue	210.44	204	402.06	488.4	496.62	746.18
Other Current Liabilities	31.74	90.03	103.79	48.12	86.97	94.19
Total Current Liabilities	1,900	2,165	2,623	3,419	3,578	2,515
Long-Term Debt	-	-	-	0.16	-	-
Long-Term Leases	4.3	2.57	1.38	6.82	10.77	2
Long-Term Deferred Tax Liabilities	0.73	2.49	2.47	2.21	4.4	1.49
Other Long-Term Liabilities	76.89	27.49	32.63	17.98	19.14	-
Total Liabilities	1,982	2,197	2,660	3,446	3,612	2,519

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	490.3	490.3	490.3	490.3	490.3	490.3
Additional Paid-In Capital	384.47	345.47	282.03	282.07	282.48	281.97
Retained Earnings	-1,054	-790.14	-635.75	-234.3	-116.33	-124.92
Comprehensive Income & Other	2.4	2.57	2.6	1.85	2.9	2.14
Total Common Equity	-176.53	48.19	139.18	539.92	659.35	649.49
Minority Interest	9.18	20.4	18.76	59.06	57.81	27.4
Shareholders' Equity	-167.35	68.59	157.93	598.98	717.16	676.9
Total Liabilities & Equity	1,815	2,266	2,818	4,045	4,330	3,196

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	640.4	590.27	585.1	661.85	568.95	574.44
Net Cash (Debt)	-566.88	-490.65	-340.79	-138.73	291.32	-172.2
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.13	-0.99	-0.70	-0.28	0.59	-0.35
Filing Date Shares Outstanding	501.58	490.3	490.3	490.3	490.3	490.3
Total Common Shares Outstanding	501.58	490.3	490.3	490.3	490.3	490.3
Working Capital	-707.57	-568.31	-467.25	-171.08	-155.93	-144.02
Book Value Per Share	-0.35	0.10	0.28	1.10	1.34	1.32
Tangible Book Value	-247.15	-33.45	47.08	320.97	406.61	374.96
Tangible Book Value Per Share	-0.49	-0.07	0.10	0.65	0.83	0.76
Buildings	-	175.82	175.82	175.82	158.55	61.01
Machinery	-	42.59	47.85	55.63	46.83	29.19
Construction In Progress	-	-	-	-	1.06	56.83