SHA:605117 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	6,410	6,609	3,554	2,978	2,176	1,658
Short-Term Investments	601.47	2,262	730.96	1,638	1,685	-
Trading Asset Securities	3,438	1,736	3,078	1,855	1,246	516.24
Cash & Short-Term Investments	10,449	10,607	7,362	6,471	5,107	2,174
Cash Growth	36.74%	44.07%	13.78%	26.71%	134.85%	221.00%
Accounts Receivable	2,185	1,769	1,740	577.14	650.27	295.95
Other Receivables	367.36	348.38	268.08	70.98	37.61	29.03
Receivables	2,552	2,117	2,008	648.12	687.88	324.98
Inventory	2,558	1,785	1,360	754	865.45	455.93
Other Current Assets	972.81	239.61	83.6	59.18	100.13	41.74
Total Current Assets	16,533	14,749	10,815	7,932	6,760	2,997
Property, Plant & Equipment	3,138	3,093	2,371	2,022	1,499	803.76
Long-Term Investments	182.27	1,540	1,551	508.11	-	-
Other Intangible Assets	291.02	288.92	142.71	199.6	147.19	80.87
Long-Term Deferred Tax Assets	173.3	150.93	133.79	71.36	26.43	11.72
Long-Term Deferred Charges	65.48	60.29	69.98	82.61	58.96	16.87
Other Long-Term Assets	1,524	24	30.72	1.48	16.23	13.25
Total Assets	21,906	19,907	15,114	10,817	8,507	3,924
Accounts Payable	6,284	4,863	3,705	1,691	2,091	1,051
Accrued Expenses	145.14	334.06	281.67	184.89	151.1	77.92
Short-Term Debt	2,567	3,304	1,010	2,423	1,259	-
Current Portion of Long-Term Debt	12.82	0.95	-	490.63	20.02	-
Current Portion of Leases	-	13.92	2.98	5.23	1.93	3.34
Current Income Taxes Payable	235.99	149.74	179.57	87.24	97.79	45.34
Current Unearned Revenue	604.84	479.85	264.49	190.93	192.43	54.31
Other Current Liabilities	89.61	105.4	66.34	97.55	39.34	10.32
Total Current Liabilities	9,940	9,250	5,510	5,170	3,852	1,242
Long-Term Debt	71.79	88.65	-	300	530.44	-
Long-Term Leases	10.75	13.4	6.57	5.06	2.35	10.88
Long-Term Unearned Revenue	300.89	222.94	139.93	101.74	31.07	25.06
Long-Term Deferred Tax Liabilities	-	-	0.44	-	-	3.81
Other Long-Term Liabilities	2.49	2.49	2.49	9.12	1.73	1.8
Total Liabilities	10,326	9,577	5,660	5,586	4,418	1,283
Common Stock	909.33	908.68	645.29	430.08	238.93	170.67
Additional Paid-In Capital	4,032	3,961	3,862	1,338	1,412	1,371
Retained Earnings	6,622	5,434	4,947	3,664	2,411	1,098
Treasury Stock	-	-	-	-199.99	-	-
Comprehensive Income & Other	-0.13	6.74	-0.17	-0.02	0	-
Total Common Equity	11,563	10,311	9,454	5,231	4,062	2,640
Minority Interest	17.61	18.46	0.57	-	27.32	-
Shareholders' Equity	11,581	10,329	9,455	5,231	4,090	2,640
Total Liabilities & Equity	21,906	19,907	15,114	10,817	8,507	3,924
Total Debt	2,663	3,420	1,020	3,224	1,814	14.22
Net Cash (Debt)	7,786	7,186	6,342	3,247	3,293	2,160
Net Cash Growth	40.23%	13.31%	95.34%	-1.40%	52.44%	223.67%
Net Cash Per Share	8.61	7.96	7.20	3.86	3.90	2.79
Filing Date Shares Outstanding	909.33	909.33	904.35	837.39	842.96	842.96
Total Common Shares Outstanding	909.33	908.68	903.41	837.39	842.96	842.96
Working Capital	6,593	5,499	5,305	2,762	2,908	1,755
Book Value Per Share	12.72	11.35	10.46	6.25	4.82	3.13
Tangible Book Value	11,272	10,022	9,311	5,032	3,915	2,559
Tangible Book Value Per Share	12.40	11.03	10.31	6.01	4.64	3.04
Land	-	224.62	-	-	-	-
Buildings	-	2,041	1,261	1,254	759.73	184.1
Machinery	-	1,115	955.8	820.9	523.5	302.36
Construction In Progress	-	351.47	643.02	287.81	462.77	505.25

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