SHA:688015 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	1,251	1,353	1,530	1,445	1,151	1,409
Trading Asset Securities	5.01	-	50	-	365.87	548.57
Cash & Short-Term Investments	1,256	1,353	1,580	1,445	1,517	1,957
Cash Growth	-4.61%	-14.38%	9.35%	-4.79%	-22.49%	35.89%
Accounts Receivable	2,479	2,545	2,051	1,797	1,931	1,344
Other Receivables	42.67	42.13	32.01	29.84	32.39	34.51
Receivables	2,521	2,587	2,083	1,827	1,964	1,378
Inventory	962.24	829.01	830.09	757.78	586.39	866.36
Other Current Assets	226.19	205.94	189.11	203.85	237.16	99.53
Total Current Assets	4,966	4,975	4,682	4,233	4,304	4,302
Property, Plant & Equipment	839.47	860.63	699.15	744.59	662.29	510.33
Long-Term Investments	264.37	266.47	249.71	141.04	106.66	72.01
Goodwill	2.66	2.66	2.66	2.66	2.66	2.66
Other Intangible Assets	51.61	53.13	51.26	57.3	60.87	62.91
Long-Term Accounts Receivable	-	-	-	0.14	-	-
Long-Term Deferred Tax Assets	91.49	94.7	106.4	85.14	62.74	53.13
Long-Term Deferred Charges	12.76	14.41	28.39	45.11	52.28	71.89
Other Long-Term Assets	353.47	361.91	386.47	404.46	366.38	216.64
Total Assets	6,582	6,629	6,206	5,713	5,618	5,291
Accounts Payable	1,988	1,980	2,032	1,932	1,618	1,724
Accrued Expenses	62.85	145.8	149.67	158.03	153.67	141.08
Current Portion of Long-Term Debt	36.7	34.43	-	2	1.9	1.8
Current Portion of Leases	-	-	31.26	41.97	36.3	38.23
Current Income Taxes Payable	18.85	21.59	12.55	15.6	8.38	9.08
Current Unearned Revenue	1,020	1,008	839.8	536.07	814.33	548.42
Other Current Liabilities	223.01	228.39	217.89	159.3	168.03	145.67
Total Current Liabilities	3,350	3,418	3,283	2,845	2,801	2,609
Long-Term Debt	-	-	-	1.04	3.05	4.94
Long-Term Leases	129.93	134.07	8.31	34.97	62.8	105.36
Long-Term Unearned Revenue	91.8	100.47	106.98	125.58	100.56	122.04
Long-Term Deferred Tax Liabilities	0.49	0.49	0.5	7.15	5.97	1
Other Long-Term Liabilities	99.67	99.9	76.45	71.02	89.31	84.36
Total Liabilities	3,672	3,753	3,475	3,085	3,062	2,926
Common Stock	188.68	188.68	188.68	188.68	187.94	187.05
Additional Paid-In Capital	1,474	1,473	1,470	1,455	1,442	1,419
Retained Earnings	1,023	1,006	893.33	847.49	828.04	686.46
Comprehensive Income & Other	-0.08	-0.04	-0.03	0.04	0.08	-0.04
Total Common Equity	2,685	2,668	2,552	2,491	2,458	2,292
Minority Interest	224.96	207.2	179.08	137.15	98.42	72.89
Shareholders' Equity	2,910	2,875	2,731	2,628	2,556	2,365
Total Liabilities & Equity	6,582	6,629	6,206	5,713	5,618	5,291
Total Debt	166.63	168.5	39.57	79.98	104.04	150.33
Net Cash (Debt)	1,090	1,184	1,540	1,365	1,413	1,807
Net Cash Growth	-14.78%	-23.12%	12.86%	-3.44%	-21.80%	27.29%
Net Cash Per Share	5.90	6.28	8.11	7.21	7.45	10.74
Filing Date Shares Outstanding	181.41	187.11	188.68	188.68	187.94	187.05
Total Common Shares Outstanding	181.41	187.11	188.68	188.68	187.94	187.05
Working Capital	1,616	1,556	1,399	1,388	1,504	1,693
Book Value Per Share	14.80	14.26	13.53	13.20	13.08	12.25
Tangible Book Value	2,631	2,612	2,498	2,431	2,394	2,227
Tangible Book Value Per Share	14.50	13.96	13.24	12.89	12.74	11.90
Buildings	-	-	495.84	468.94	207.91	176.59
Machinery	-	-	459.7	395.27	338.57	256.27
Construction In Progress	-	-	4.78	40.47	195.09	57.13
Order Backlog	-	-	7,144	-	-	-

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