FRA:04T Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	428.35	466.98	364.11	497.66	593.32	973.25
Short-Term Investments	-	78.21	271.2	-	59.08	267.88
Trading Asset Securities	449.7	481.13	313.41	583.28	1,024	697.29
Cash & Short-Term Investments	878.05	1,026	948.72	1,081	1,676	1,938
Cash Growth	-10.19%	8.18%	-12.23%	-35.52%	-13.52%	2.67%
Accounts Receivable	3.6	0.59	3.4	10.15	5.31	6.01
Other Receivables	14.29	33.38	14.34	10.25	1.8	10.75
Receivables	29.13	54.16	34.03	43.06	73.3	111.77
Prepaid Expenses	0.04	0.05	0.84	1.42	6.22	13.59
Other Current Assets	69.13	66.76	70.36	119.17	21.81	309.1
Total Current Assets	976.35	1,147	1,054	1,245	1,778	2,373
Property, Plant & Equipment	48.89	51.74	57.42	94.8	129.77	169.21
Long-Term Investments	1,405	1,316	1,299	1,383	1,398	840.61
Goodwill	-	-	-	2.15	29.72	29.76
Other Intangible Assets	19.32	-	-	0.31	13.37	44.11
Long-Term Deferred Tax Assets	-	-	0.05	15.9	16.26	14.36
Other Long-Term Assets	114.98	103.65	149.19	145.07	133.39	57.27
Total Assets	2,576	2,620	2,560	2,905	3,527	3,546
Accounts Payable	1.76	1.43	1.14	0.9	1.58	1.37
Accrued Expenses	-	9.57	13.45	16.87	24.1	33.79
Short-Term Debt	237.28	198.06	135.08	318.61	287.17	141.35
Current Portion of Leases	0.97	0.88	1.5	3.01	4.63	7.91
Current Income Taxes Payable	71.25	76.4	77.91	78.24	78.57	103.14
Current Unearned Revenue	1.79	0.24	0.77	10.72	11.82	17.69
Other Current Liabilities	56.81	69.89	55.09	78.38	26.46	286.74
Total Current Liabilities	369.87	356.47	284.94	506.72	434.31	591.99
Long-Term Leases	1.21	1.57	1.13	0.56	0.18	5.08
Long-Term Deferred Tax Liabilities	24.55	25.5	19.29	23.89	27.61	34.93
Other Long-Term Liabilities	1.68	1.71	1.74	1.79	1.09	1.13
Total Liabilities	397.3	385.25	307.1	532.96	463.19	633.13
Common Stock	0.67	0.69	0.76	0.76	0.78	0.8
Additional Paid-In Capital	1,285	1,315	1,387	1,400	1,721	1,763
Retained Earnings	297.83	320.26	300.26	434.93	967.58	838.75
Treasury Stock	-55.38	-58.17	-53.95	-53.74	-32.47	-
Comprehensive Income & Other	652.97	656.69	618.94	590.55	405.89	195.76
Total Common Equity	2,181	2,234	2,253	2,372	3,063	2,798
Minority Interest	-1.7	0.05	-0.38	-0.03	0.68	114.61
Shareholders' Equity	2,179	2,234	2,253	2,372	3,064	2,913
Total Liabilities & Equity	2,576	2,620	2,560	2,905	3,527	3,546
Total Debt	239.46	200.52	137.71	322.19	291.98	154.34
Net Cash (Debt)	638.58	825.8	811.01	758.76	1,384	1,784
Net Cash Growth	-24.70%	1.82%	6.89%	-45.19%	-22.40%	-5.21%
Net Cash Per Share	0.57	0.73	0.69	0.63	1.10	1.40
Filing Date Shares Outstanding	1,046	1,059	1,174	1,179	1,233	1,281
Total Common Shares Outstanding	1,046	1,059	1,174	1,179	1,233	1,281
Working Capital	606.48	790.81	769.02	737.86	1,343	1,781
Book Value Per Share	2.09	2.11	1.92	2.01	2.48	2.18
Tangible Book Value	2,161	2,234	2,253	2,370	3,020	2,724
Tangible Book Value Per Share	2.07	2.11	1.92	2.01	2.45	2.13
Buildings	-	62.06	60.71	95.48	129.17	175.46
Machinery	-	26.6	33.38	41.39	48.55	37.09
Construction In Progress	-	-	-	-	-	0.04
Leasehold Improvements	-	2.81	9.97	9.95	9.79	7.99

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