FRA:C1S 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	6,861	6,140	5,889	5,026	4,206	3,943
Short-Term Investments	-	4.48	4.02	3.69	4.32	5.32
Trading Asset Securities	100.42	350.02	20	20.23	-	-
Cash & Short-Term Investments	6,961	6,495	5,913	5,050	4,210	3,948
Cash Growth	11.65%	9.84%	17.08%	19.96%	6.63%	-0.52%
Accounts Receivable	1,192	1,202	1,260	975.06	825.18	760.66
Other Receivables	-	66.81	63.92	67.48	40.87	23.07
Receivables	1,192	1,269	1,324	1,043	866.05	783.73
Inventory	722.37	813.19	897.71	657.66	587.96	443
Other Current Assets	77.2	22	19.94	32.01	35.06	343.99
Total Current Assets	8,953	8,599	8,155	6,782	5,699	5,519
Property, Plant & Equipment	1,225	1,219	1,205	1,217	1,252	1,395
Goodwill	165.96	165.96	165.96	165.96	165.96	102.5
Other Intangible Assets	18.91	23.32	32.79	47.35	66.43	36.96
Long-Term Deferred Tax Assets	24.73	34.33	15.23	19.22	20.47	23.1
Other Long-Term Assets	-	-	-	-	-	137.14
Total Assets	10,388	10,042	9,574	8,232	7,204	7,214
Accounts Payable	377.68	402.96	484.79	308.75	228.62	164.38
Accrued Expenses	13.78	1,199	1,121	856.76	483.21	319.13
Short-Term Debt	300	330	300	-	-	369.32
Current Portion of Leases	8.51	8.27	0.97	6.53	7.59	7.79
Current Income Taxes Payable	68.89	84.27	105.91	107.79	65.1	58.37
Current Unearned Revenue	103.31	101.75	127.4	165.22	117.05	78.42
Other Current Liabilities	1,556	323.67	294.13	220.54	196.81	197.28
Total Current Liabilities	2,428	2,450	2,434	1,666	1,098	1,195
Long-Term Leases	4.35	8.26	0.36	0.91	7.32	15.03
Long-Term Unearned Revenue	105.57	81.85	88.89	163.99	171.59	204.31
Long-Term Deferred Tax Liabilities	11.56	34.52	16.26	18.84	25.19	5.3
Total Liabilities	2,578	2,575	2,539	1,849	1,302	1,419
Common Stock	87.66	87.66	87.66	87.66	87.66	87.66
Additional Paid-In Capital	422.14	422.14	422.14	422.14	422.14	422.14
Retained Earnings	7,795	7,452	7,020	6,368	5,879	5,778
Comprehensive Income & Other	-494.89	-494.89	-494.89	-494.89	-487.32	-493.42
Total Common Equity	7,810	7,467	7,035	6,383	5,901	5,794
Shareholders' Equity	7,810	7,467	7,035	6,383	5,901	5,794
Total Liabilities & Equity	10,388	10,042	9,574	8,232	7,204	7,214
Total Debt	341.34	346.53	301.33	7.44	14.91	392.14
Net Cash (Debt)	6,620	6,148	5,611	5,043	4,195	3,556
Net Cash Growth	12.51%	9.56%	11.28%	20.21%	17.97%	-0.23%
Net Cash Per Share	8.76	8.14	7.43	6.68	5.56	4.70
Filing Date Shares Outstanding	755.4	755.4	755.4	755.4	755.4	754.6
Total Common Shares Outstanding	755.4	755.4	755.4	755.4	755.4	754.6
Working Capital	6,525	6,149	5,721	5,117	4,601	4,324
Book Value Per Share	10.34	9.88	9.31	8.45	7.81	7.68
Tangible Book Value	7,625	7,278	6,836	6,169	5,669	5,655
Tangible Book Value Per Share	10.09	9.63	9.05	8.17	7.50	7.49
Machinery	-	1,494	1,489	1,438	1,392	1,388
Construction In Progress	-	195.51	117.68	193.06	130.17	115.5

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