SHA:605081 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	65.08	122.49	188.23	373.68	531.54	841.07
Trading Asset Securities	-	-	-	-	2.04	-
Cash & Short-Term Investments	65.08	122.49	188.23	373.68	533.57	841.07
Cash Growth	-47.13%	-34.93%	-49.63%	-29.97%	-36.56%	220.92%
Accounts Receivable	297.55	347.02	716.76	730.29	819.83	949.82
Other Receivables	11.01	10.53	9.55	13.82	20.12	31.79
Receivables	308.56	357.55	726.31	744.11	839.95	981.61
Inventory	103	97.24	104.22	47.09	61.13	12.59
Other Current Assets	21.44	29.49	10.44	7.1	27.39	19.73
Total Current Assets	498.08	606.77	1,029	1,172	1,462	1,855
Property, Plant & Equipment	324.41	335.1	355.33	363.05	260.86	216.38
Long-Term Investments	1.39	48.51	74.63	66.23	30.19	-
Goodwill	11.38	11.38	11.38	15.13	17.26	-
Other Intangible Assets	24.19	24.75	26.3	19.27	19.99	0.42
Long-Term Deferred Tax Assets	8.83	6.72	10.3	0.22	52.62	27.41
Long-Term Deferred Charges	6.48	6.89	15.02	20.9	22.62	9.73
Other Long-Term Assets	134.65	70.02	3.61	23.85	46.32	20.86
Total Assets	1,009	1,110	1,526	1,681	1,912	2,130
Accounts Payable	88.07	139.78	277.67	144.95	132.4	128.16
Accrued Expenses	63.18	10.36	102.73	84.2	86.92	85.84
Short-Term Debt	7.2	26.2	28.96	-	-	-
Current Portion of Long-Term Debt	-	12.4	-	-	-	-
Current Portion of Leases	-	-	4.38	3.04	2.64	1.52
Current Income Taxes Payable	-	60.74	5.1	1.28	0.54	16.54
Current Unearned Revenue	70.35	71.2	31.87	9.81	1.54	0.14
Other Current Liabilities	56.76	54.43	25.04	32.47	24.75	30.87
Total Current Liabilities	285.57	375.1	475.75	275.74	248.78	263.08
Long-Term Leases	42.91	41.9	49.28	64.69	37.08	11.9
Long-Term Deferred Tax Liabilities	11.57	8.81	10.45	4.81	5.26	-
Other Long-Term Liabilities	11.97	14.95	17.85	25.21	23.39	15.88
Total Liabilities	352.02	440.77	553.33	370.45	314.51	290.85
Common Stock	113.25	113.25	113.25	113.25	113.25	78.1
Additional Paid-In Capital	1,231	1,231	1,231	1,231	1,231	1,266
Retained Earnings	-685.09	-673.66	-369.65	-35.16	252.28	493.61
Total Common Equity	659.12	670.56	974.57	1,309	1,597	1,838
Minority Interest	-1.75	-1.18	-2.13	1.13	0.79	0.98
Shareholders' Equity	657.37	669.38	972.44	1,310	1,597	1,839
Total Liabilities & Equity	1,009	1,110	1,526	1,681	1,912	2,130
Total Debt	50.11	80.5	82.62	67.73	39.72	13.42
Net Cash (Debt)	14.97	41.98	105.61	305.94	493.85	827.66
Net Cash Growth	-52.04%	-60.25%	-65.48%	-38.05%	-40.33%	220.08%
Net Cash Per Share	0.13	0.37	0.93	2.70	4.37	7.55
Filing Date Shares Outstanding	114.34	114.88	113.25	113.25	113.25	113.25
Total Common Shares Outstanding	114.34	114.88	113.25	113.25	113.25	113.25
Working Capital	212.51	231.66	553.45	896.24	1,213	1,592
Book Value Per Share	5.76	5.84	8.61	11.56	14.10	16.23
Tangible Book Value	623.56	634.42	936.89	1,275	1,559	1,838
Tangible Book Value Per Share	5.45	5.52	8.27	11.26	13.77	16.23
Buildings	-	-	267.89	273.3	219.38	193.75
Machinery	-	-	55.6	49.64	41.83	25.97
Construction In Progress	-	-	56.28	33.24	5.4	-