SHA:688005 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	2,636	2,888	2,951	5,674	5,001	2,585
Trading Asset Securities	200	170	680	123.36	70.32	242.79
Cash & Short-Term Investments	2,836	3,058	3,631	5,797	5,071	2,828
Cash Growth	-35.47%	-15.79%	-37.37%	14.31%	79.33%	60.06%
Accounts Receivable	6,832	6,272	7,792	6,987	7,642	4,475
Other Receivables	33.25	121.33	98.46	85.2	57.68	46.35
Receivables	6,865	6,393	7,890	7,072	7,700	4,521
Inventory	2,590	2,137	2,222	1,533	3,297	1,668
Other Current Assets	725.96	538.1	548.55	635	1,048	235.17
Total Current Assets	13,017	12,125	14,291	15,037	17,117	9,252
Property, Plant & Equipment	8,860	9,013	9,020	8,335	7,227	4,760
Long-Term Investments	845	121.1	99.69	98.68	158.5	32.36
Goodwill	209.11	209.11	115.3	131.25	131.25	-
Other Intangible Assets	681.68	691.96	706.12	656.22	572.85	390.26
Long-Term Deferred Tax Assets	271.67	266.78	210.02	144.48	62.6	20.68
Long-Term Deferred Charges	82.92	90.5	112.51	118.58	78.29	45.29
Other Long-Term Assets	330.79	450.05	67.98	117.91	313.24	200.44
Total Assets	24,298	22,968	24,623	24,639	25,660	14,701
Accounts Payable	7,570	6,557	7,775	7,233	10,303	6,031
Accrued Expenses	66.04	213.5	213.64	188.5	159.37	135.02
Short-Term Debt	1,015	464.47	211.16	200.13	1,963	501.51
Current Portion of Long-Term Debt	2,574	2,027	2,053	491.19	389.89	92.48
Current Portion of Leases	-	4.74	8.47	9.25	6.61	2.73
Current Income Taxes Payable	95.09	76.24	72.11	28.18	69.96	50.5
Current Unearned Revenue	104.43	110.89	8.45	3.97	81.15	16.82
Other Current Liabilities	669.22	771.47	742.85	1,115	1,203	1,568
Total Current Liabilities	12,093	10,225	11,085	9,269	14,176	8,398
Long-Term Debt	3,998	4,299	4,100	4,819	2,678	642.71
Long-Term Leases	3.73	4.2	14.81	22.85	18.63	10.89
Long-Term Unearned Revenue	228.8	224.09	176	170.9	145.08	196.59
Pension & Post-Retirement Benefits	-	0.38	0.36	0.37	0.33	0.31
Long-Term Deferred Tax Liabilities	48.5	50.98	59.89	87.01	53.45	19.26
Other Long-Term Liabilities	0.35	-	-	0.2	36.05	0.56
Total Liabilities	16,372	14,804	15,435	14,369	17,108	9,268
Common Stock	714.73	714.73	483.03	484.22	450.88	448.04
Additional Paid-In Capital	4,986	4,986	5,182	5,225	3,917	3,746
Retained Earnings	2,798	2,786	3,234	3,083	2,638	1,377
Treasury Stock	-305.83	-305.83	-306.55	-147.92	-87.73	-133.53
Comprehensive Income & Other	-431.66	-186.19	-152.18	53.93	45.67	-8.22
Total Common Equity	7,761	7,995	8,441	8,698	6,965	5,429
Minority Interest	165.19	169.36	747	1,572	1,588	4.07
Shareholders' Equity	7,926	8,164	9,188	10,270	8,552	5,433
Total Liabilities & Equity	24,298	22,968	24,623	24,639	25,660	14,701
Total Debt	7,590	6,799	6,387	5,542	5,057	1,250
Net Cash (Debt)	-4,755	-3,742	-2,756	255.3	14.73	1,578
Net Cash Growth	-	-	-	1633.45%	-99.07%	-9.56%
Net Cash Per Share	-7.36	-5.39	-3.91	0.37	0.02	2.34
Filing Date Shares Outstanding	580.03	704.64	704.68	712.87	671.82	667.58
Total Common Shares Outstanding	580.03	704.64	704.68	712.87	671.82	667.58
Working Capital	924.07	1,900	3,207	5,768	2,941	854.02
Book Value Per Share	13.38	11.35	11.98	12.20	10.37	8.13
Tangible Book Value	6,870	7,094	7,619	7,911	6,261	5,039
Tangible Book Value Per Share	11.84	10.07	10.81	11.10	9.32	7.55
Buildings	-	3,733	3,356	3,200	2,133	1,190
Machinery	-	6,317	5,706	4,180	3,191	2,073
Construction In Progress	-	1,425	1,692	2,090	2,611	1,924

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