SHA:688006 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	3,826	3,914	3,072	3,263	2,205	1,942
Trading Asset Securities	3.3	4.9	3.32	5.93	8.47	-
Cash & Short-Term Investments	3,829	3,919	3,075	3,269	2,213	1,942
Cash Growth	24.35%	27.44%	-5.93%	47.69%	14.00%	10.72%
Accounts Receivable	2,237	1,989	2,121	2,352	2,057	1,347
Other Receivables	26.24	33.2	28.59	40.78	20.75	18.81
Receivables	2,263	2,022	2,150	2,393	2,078	1,366
Inventory	3,820	3,208	2,913	2,901	2,381	1,423
Other Current Assets	218.18	165.19	43.47	53.31	40.29	60.74
Total Current Assets	10,130	9,314	8,182	8,617	6,712	4,791
Property, Plant & Equipment	1,234	1,247	1,228	1,266	995.85	703.73
Other Intangible Assets	207.3	208.98	197.06	184.87	175.5	137.77
Long-Term Accounts Receivable	-	23.81	52.07	63.33	30.61	36.82
Long-Term Deferred Tax Assets	111.55	114.82	100.81	78.02	36.54	67.61
Long-Term Deferred Charges	7.06	7.67	7.95	-	-	7.35
Other Long-Term Assets	7.76	-	1.7	15.39	15.62	22.57
Total Assets	11,697	10,916	9,769	10,225	7,966	5,766
Accounts Payable	2,482	1,985	1,906	2,516	2,889	1,907
Accrued Expenses	7.67	97.23	74.66	47.97	46.01	22.64
Short-Term Debt	-	50.6	7.46	14.52	-	-
Current Portion of Leases	-	-	-	2.03	3.84	3.56
Current Income Taxes Payable	12.94	1.33	13.63	75.19	8.73	-
Current Unearned Revenue	3,461	3,169	2,442	2,240	1,502	870.55
Other Current Liabilities	149.53	164.8	121.1	186.15	138.17	113.81
Total Current Liabilities	6,113	5,468	4,565	5,082	4,588	2,917
Long-Term Leases	-	-	-	-	2.03	5.92
Long-Term Unearned Revenue	52.77	56.23	39.91	23.86	28.44	18.52
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.01
Total Liabilities	6,166	5,524	4,605	5,106	4,619	2,942
Common Stock	603.67	603.67	603.67	603.67	405.13	403.09
Additional Paid-In Capital	2,358	2,342	2,343	2,343	1,292	1,284
Retained Earnings	2,589	2,461	2,203	2,148	1,538	1,140
Comprehensive Income & Other	-19.92	-14.9	15.33	24.28	112.55	-2.63
Total Common Equity	5,531	5,392	5,165	5,119	3,348	2,825
Shareholders' Equity	5,531	5,392	5,165	5,119	3,348	2,825
Total Liabilities & Equity	11,697	10,916	9,769	10,225	7,966	5,766
Total Debt	-	50.6	7.46	16.54	5.87	9.48
Net Cash (Debt)	3,829	3,868	3,068	3,253	2,208	1,932
Net Cash Growth	24.35%	26.10%	-5.68%	47.34%	14.26%	10.18%
Net Cash Per Share	6.34	6.41	5.08	5.43	3.91	3.40
Filing Date Shares Outstanding	609.89	603.67	603.67	603.67	603.67	564.33
Total Common Shares Outstanding	609.89	603.67	603.67	603.67	567.19	564.33
Working Capital	4,017	3,846	3,617	3,535	2,124	1,873
Book Value Per Share	9.07	8.93	8.56	8.48	5.90	5.01
Tangible Book Value	5,324	5,183	4,968	4,934	3,172	2,687
Tangible Book Value Per Share	8.73	8.59	8.23	8.17	5.59	4.76
Buildings	-	1,224	1,126	1,128	775.31	398.02
Machinery	-	433.45	408.11	402.08	361.99	251.36
Construction In Progress	-	50.58	59.3	-	35.5	165.58

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