CMST Development Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	3,422	4,198	3,923	3,209	3,853	2,390
Trading Asset Securities	0.52	2.58	6.76	9.6	3.39	3.38
Cash & Short-Term Investments	3,422	4,201	3,930	3,218	3,857	2,394
Cash Growth	3.38%	6.91%	22.10%	-16.55%	61.11%	44.85%
Accounts Receivable	1,396	1,032	1,318	1,416	1,523	1,690
Other Receivables	5,334	5,151	3,691	3,149	2,514	2,274
Receivables	6,729	6,184	5,024	4,612	4,087	4,051
Inventory	1,361	652.07	661.33	766.82	1,651	1,646
Other Current Assets	899.58	656.39	526.78	1,004	1,135	1,871
Total Current Assets	12,412	11,693	10,141	9,600	10,730	9,963
Property, Plant & Equipment	4,186	4,257	4,554	4,578	5,540	5,289
Long-Term Investments	1,835	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	1,874	1,805	2,031	2,335	2,428	2,558
Long-Term Accounts Receivable	-	-	-	-	-	4.75
Long-Term Deferred Tax Assets	381.51	389.72	417.64	323.79	278.58	272.11
Long-Term Deferred Charges	13.24	14.95	13.56	13.79	18.12	17.62
Other Long-Term Assets	3,616	3,598	3,525	3,057	1,866	1,785
Total Assets	24,397	23,760	23,148	22,788	24,000	23,151

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	2,174	1,362	1,386	1,346	1,738	2,004
Accrued Expenses	101.51	983	851.71	644.82	777.81	733.34
Short-Term Debt	659.38	1,067	327.43	550	1,757	1,122
Current Portion of Long-Term Debt	116.12	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	595.97	454.2	30.88	26.26	1.5	195.23
Current Unearned Revenue	1,374	1,203	802.95	874.02	952.82	1,275
Other Current Liabilities	1,608	1,201	1,037	1,113	1,303	1,298
Total Current Liabilities	6,629	6,480	5,030	5,161	7,440	6,689
Long-Term Debt	1,040	546.08	1,264	1,393	939.1	1,946
Long-Term Leases	73.42	61.81	106.46	103.81	86.04	28.03
Long-Term Unearned Revenue	102.89	106.1	57.3	61.17	59.86	65.52
Long-Term Deferred Tax Liabilities	1,320	1,346	1,423	1,180	1,127	896.44
Other Long-Term Liabilities	288.15	291.82	246.34	296.86	302.13	329.38
Total Liabilities	9,453	8,832	8,127	8,196	9,954	9,955

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
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	8,405	8,462	8,069	7,695	7,167	6,878
Treasury Stock	-	-	-11.46	-26.41	-103.82	-171.5
Comprehensive Income & Other	190.8	195.65	195.87	169.96	169.37	130.55
Total Common Equity	13,851	13,914	13,937	13,586	13,052	12,728
Minority Interest	1,094	1,014	1,085	1,006	994	467.7
Shareholders' Equity	14,945	14,928	15,021	14,592	14,046	13,196
Total Liabilities & Equity	24,397	23,760	23,148	22,788	24,000	23,151

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	1,888	1,884	2,292	2,653	3,692	3,159
Net Cash (Debt)	1,534	2,317	1,637	565.07	164.21	-765.27
Net Cash Growth	-13.12%	41.51%	189.76%	244.11%	-	-
Net Cash Per Share	0.69	1.07	0.74	0.26	0.08	-0.35
Filing Date Shares Outstanding	1,898	2,170	2,357	2,181	2,170	2,170
Total Common Shares Outstanding	1,898	2,170	2,357	2,181	2,170	2,170
Working Capital	5,783	5,213	5,111	4,439	3,290	3,273
Book Value Per Share	7.30	6.41	5.91	6.23	6.01	5.87
Tangible Book Value	11,898	12,030	11,817	11,163	10,528	10,076
Tangible Book Value Per Share	6.27	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