CMST Development 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	3,271	4,198	3,923	3,209	3,853	2,390
Trading Asset Securities	2.3	2.58	6.76	9.6	3.39	3.38
Cash & Short-Term Investments	3,273	4,201	3,930	3,218	3,857	2,394
Cash Growth	13.95%	6.91%	22.10%	-16.55%	61.11%	44.85%
Accounts Receivable	1,223	1,032	1,318	1,416	1,523	1,690
Other Receivables	5,445	5,151	3,691	3,149	2,514	2,274
Receivables	6,668	6,184	5,024	4,612	4,087	4,051
Inventory	1,058	652.07	661.33	766.82	1,651	1,646
Other Current Assets	831.6	656.39	526.78	1,004	1,135	1,871
Total Current Assets	11,831	11,693	10,141	9,600	10,730	9,963
Property, Plant & Equipment	4,244	4,257	4,554	4,578	5,540	5,289
Long-Term Investments	1,818	1,923	2,377	2,792	3,043	3,167
Goodwill	78.63	78.63	88.86	87.55	95.78	93.13
Other Intangible Assets	1,788	1,805	2,031	2,335	2,428	2,558
Long-Term Accounts Receivable	-	-	-	-	-	4.75
Long-Term Deferred Tax Assets	381	389.72	417.64	323.79	278.58	272.11
Long-Term Deferred Charges	13.53	14.95	13.56	13.79	18.12	17.62
Other Long-Term Assets	3,608	3,598	3,525	3,057	1,866	1,785
Total Assets	23,762	23,760	23,148	22,788	24,000	23,151
Accounts Payable	1,877	1,362	1,386	1,346	1,738	2,004
Accrued Expenses	1,021	983	851.71	644.82	777.81	733.34
Short-Term Debt	499.8	1,067	327.43	550	1,757	1,122
Current Portion of Long-Term Debt	-	139.27	540.17	551.54	855.84	15.8
Current Portion of Leases	-	70.16	54.44	55.04	54.05	46.57
Current Income Taxes Payable	-	454.2	30.88	26.26	1.5	195.23
Current Unearned Revenue	1,287	1,203	802.95	874.02	952.82	1,275
Other Current Liabilities	1,687	1,201	1,037	1,113	1,303	1,298
Total Current Liabilities	6,373	6,480	5,030	5,161	7,440	6,689
Long-Term Debt	548.77	546.08	1,264	1,393	939.1	1,946
Long-Term Leases	75.65	61.81	106.46	103.81	86.04	28.03
Long-Term Unearned Revenue	104.5	106.1	57.3	61.17	59.86	65.52
Long-Term Deferred Tax Liabilities	1,338	1,346	1,423	1,180	1,127	896.44
Other Long-Term Liabilities	290.96	291.82	246.34	296.86	302.13	329.38
Total Liabilities	8,730	8,832	8,127	8,196	9,954	9,955
Common Stock	2,170	2,170	2,175	2,181	2,188	2,200
Additional Paid-In Capital	3,086	3,086	3,509	3,567	3,632	3,691
Retained Earnings	8,535	8,462	8,069	7,695	7,167	6,878
Treasury Stock	-	-	-11.46	-26.41	-103.82	-171.5
Comprehensive Income & Other	193.2	195.65	195.87	169.96	169.37	130.55
Total Common Equity	13,985	13,914	13,937	13,586	13,052	12,728
Minority Interest	1,047	1,014	1,085	1,006	994	467.7
Shareholders' Equity	15,031	14,928	15,021	14,592	14,046	13,196
Total Liabilities & Equity	23,762	23,760	23,148	22,788	24,000	23,151
Total Debt	1,124	1,884	2,292	2,653	3,692	3,159
Net Cash (Debt)	2,149	2,317	1,637	565.07	164.21	-765.27
Net Cash Growth	51.80%	41.51%	189.76%	244.11%	-	-
Net Cash Per Share	0.94	1.07	0.74	0.26	0.08	-0.35
Filing Date Shares Outstanding	2,441	2,170	2,357	2,181	2,170	2,170
Total Common Shares Outstanding	2,441	2,170	2,357	2,181	2,170	2,170
Working Capital	5,458	5,213	5,111	4,439	3,290	3,273
Book Value Per Share	5.73	6.41	5.91	6.23	6.01	5.87
Tangible Book Value	12,118	12,030	11,817	11,163	10,528	10,076
Tangible Book Value Per Share	4.96	5.54	5.01	5.12	4.85	4.64
Buildings	-	5,295	5,448	5,248	5,497	5,405
Machinery	-	1,014	1,035	970.46	956.6	949.02
Construction In Progress	-	22.63	14.71	164.62	787.88	574.05

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