SHA:605088 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	2,195	1,623	1,260	1,204	629.42	622.34
Trading Asset Securities	648.07	842.24	1,031	724.8	397.47	235.16
Cash & Short-Term Investments	2,843	2,465	2,291	1,929	1,027	857.5
Cash Growth	34.20%	7.62%	18.77%	87.82%	19.75%	-10.49%
Accounts Receivable	1,351	1,351	1,273	831.97	594.69	479.55
Other Receivables	40.68	32.84	92.54	56.07	54.47	74.34
Receivables	1,392	1,384	1,366	888.05	649.17	553.88
Inventory	973.11	1,038	811.36	559.16	622.18	619.71
Other Current Assets	152.85	156.76	94.29	61.27	51.93	38.04
Total Current Assets	5,361	5,044	4,562	3,437	2,350	2,069
Property, Plant & Equipment	1,462	1,428	965.3	682.48	558.7	406.67
Long-Term Investments	68.64	71.57	68.41	60.84	22.97	23
Other Intangible Assets	334.59	339.65	340.83	145.37	132.2	52.35
Long-Term Deferred Tax Assets	67.35	57.93	43.38	29.73	25.91	18.56
Long-Term Deferred Charges	4.66	2.82	2.65	0.28	0.11	-
Other Long-Term Assets	290.75	165.92	35.63	30.05	48.49	55.57
Total Assets	7,589	7,110	6,018	4,386	3,139	2,625
Accounts Payable	2,176	2,170	1,755	1,080	986.33	844.33
Accrued Expenses	46.62	92.26	176.35	135.2	132.95	82.35
Short-Term Debt	1,232	953.44	872.57	437.96	98.48	-
Current Portion of Long-Term Debt	77.33	42.5	51.41	1.79	-	-
Current Portion of Leases	-	-	25.05	16.34	18.45	17.96
Current Income Taxes Payable	20.8	34.8	27.88	20.93	12.4	13.37
Current Unearned Revenue	32.3	27.91	13.94	20.44	20.26	22.93
Other Current Liabilities	159.41	179.41	79.52	21.45	36.9	58.78
Total Current Liabilities	3,745	3,501	3,001	1,734	1,306	1,040
Long-Term Debt	648.38	478.65	329.7	513.94	-	-
Long-Term Leases	53.79	56.27	47.82	46.97	56.08	44.69
Long-Term Unearned Revenue	42.72	43.31	43.99	38.64	32.08	27.79
Long-Term Deferred Tax Liabilities	4.36	5.46	18.85	42.06	5.87	1.15
Other Long-Term Liabilities	-	-	5.36	37.26	36.64	32.72
Total Liabilities	4,494	4,084	3,447	2,413	1,436	1,146
Common Stock	202.73	202.73	182.09	165.78	165.8	165.82
Additional Paid-In Capital	1,348	1,340	968.26	703.26	696.02	681.81
Retained Earnings	1,527	1,449	1,265	1,075	873.27	685.12
Treasury Stock	-129.38	-111.15	-52.77	-86.31	-31.59	-53.73
Comprehensive Income & Other	8.04	3.57	60.45	112.33	-1.41	0.18
Total Common Equity	2,957	2,884	2,423	1,970	1,702	1,479
Minority Interest	137.91	141	147.58	3.56	-	-
Shareholders' Equity	3,095	3,025	2,571	1,973	1,702	1,479
Total Liabilities & Equity	7,589	7,110	6,018	4,386	3,139	2,625
Total Debt	2,012	1,531	1,327	1,017	173.02	62.65
Net Cash (Debt)	831.55	934.39	964.19	911.69	853.87	794.85
Net Cash Growth	12.00%	-3.09%	5.76%	6.77%	7.43%	-13.06%
Net Cash Per Share	4.28	4.91	5.40	5.04	5.24	4.95
Filing Date Shares Outstanding	199.4	208.49	178.41	162.55	165.8	165.82
Total Common Shares Outstanding	199.4	208.49	178.41	162.55	165.8	165.82
Working Capital	1,616	1,543	1,561	1,703	1,044	1,029
Book Value Per Share	14.83	13.83	13.58	12.12	10.27	8.92
Tangible Book Value	2,622	2,545	2,083	1,824	1,570	1,427
Tangible Book Value Per Share	13.15	12.21	11.67	11.22	9.47	8.61
Buildings	-	-	488.9	367.73	336.47	301.97
Machinery	-	-	543.91	476.85	396.63	318.35
Construction In Progress	-	-	289.18	143.86	73.71	26.98

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