SHA:605055 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	267.78	296.52	329.1	170.14	450.29	265.05
Trading Asset Securities	-	-	-	-	-	36.53
Cash & Short-Term Investments	267.78	296.52	329.1	170.14	450.29	301.58
Cash Growth	7.67%	-9.90%	93.43%	-62.22%	49.31%	186.56%
Accounts Receivable	135.03	130.8	108.4	109.15	91.6	122.65
Other Receivables	63.39	2.74	3.62	1.78	3.62	8.39
Receivables	198.42	133.54	112.02	110.93	95.22	131.04
Inventory	97.42	65.55	59.4	69.52	74.26	74.32
Other Current Assets	35.42	8.47	17.05	10.45	11.75	2.56
Total Current Assets	599.04	504.08	517.57	361.04	631.52	509.51
Property, Plant & Equipment	2,036	1,965	1,814	1,365	1,419	1,470
Long-Term Investments	74.24	34.24	1.89	1.88	-	-
Other Intangible Assets	344.9	354.42	385.84	424.8	103.18	117.89
Long-Term Deferred Tax Assets	32.41	28.35	15.88	22.72	21.1	5.9
Long-Term Deferred Charges	7.77	6.95	4.57	4.82	5.55	3.38
Other Long-Term Assets	72.65	106.86	40.08	7.67	112.36	15.12
Total Assets	3,167	3,000	2,779	2,188	2,292	2,122
Accounts Payable	350.66	448.62	264.63	243.69	256.72	267.62
Accrued Expenses	57.52	89.82	89.92	107.03	91.77	73.89
Short-Term Debt	1,022	765.82	663.12	443.47	598.34	275.23
Current Portion of Long-Term Debt	1.88	4.72	48.84	10.11	56.8	97.34
Current Portion of Leases	-	-	4.52	-	4.33	-
Current Income Taxes Payable	34.32	30.98	-	-	-	4.64
Current Unearned Revenue	1.51	1.45	1.66	1.14	1.24	0.84
Other Current Liabilities	143.49	48.7	295.08	84.69	80.32	115.76
Total Current Liabilities	1,612	1,390	1,368	890.13	1,090	835.31
Long-Term Debt	444.54	444.54	170.56	75.67	9.01	71.3
Long-Term Leases	-	-	4.72	-	-	28.44
Long-Term Unearned Revenue	112.48	114.66	70.95	70.33	76.67	29.9
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.01
Total Liabilities	2,169	1,949	1,614	1,036	1,175	965.97
Common Stock	440	440	440	440	440	440
Additional Paid-In Capital	294.04	294.04	294.04	294.04	294.04	294.04
Retained Earnings	330.22	348.51	429.62	411.84	374.65	422.04
Treasury Stock	-87.33	-54.16	-	-	-	-
Comprehensive Income & Other	5.35	5.35	-	-	-	-
Total Common Equity	982.28	1,034	1,164	1,146	1,109	1,156
Minority Interest	16.46	17.06	1.8	6.15	8.39	-
Shareholders' Equity	998.74	1,051	1,165	1,152	1,117	1,156
Total Liabilities & Equity	3,167	3,000	2,779	2,188	2,292	2,122
Total Debt	1,469	1,215	891.76	529.24	668.47	472.31
Net Cash (Debt)	-1,201	-918.56	-562.66	-359.11	-218.17	-170.73
Net Cash Per Share	-2.90	-2.17	-1.27	-0.77	-0.51	-0.39
Filing Date Shares Outstanding	457.22	411.31	440	440	440	440
Total Common Shares Outstanding	457.22	411.31	440	440	440	440
Working Capital	-1,013	-886.03	-850.2	-529.09	-457.99	-325.8
Book Value Per Share	2.15	2.51	2.64	2.60	2.52	2.63
Tangible Book Value	637.39	679.32	777.81	721.08	1,006	1,038
Tangible Book Value Per Share	1.39	1.65	1.77	1.64	2.29	2.36
Buildings	-	-	860.72	849.13	771.64	723.5
Machinery	-	-	1,179	1,155	1,119	1,052
Construction In Progress	-	-	558.31	21.23	19.4	45.38

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