SHA:688029 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	930.34	1,438	1,887	1,209	1,875	1,168
Short-Term Investments	-	-	403.89	1,104	192.66	-
Trading Asset Securities	86.91	189.22	-	0	10.73	836.5
Cash & Short-Term Investments	1,017	1,627	2,291	2,313	2,079	2,005
Cash Growth	-45.35%	-28.97%	-0.97%	11.27%	3.68%	-1.40%
Accounts Receivable	541.77	536.59	434.09	410.74	282.23	355.61
Other Receivables	6.59	8.27	13.55	11.72	3.34	3.48
Receivables	548.36	544.86	447.65	422.46	285.57	359.09
Inventory	649.59	621.1	536.58	521.51	567.31	394.29
Other Current Assets	1,090	849.35	46.03	33.78	51.11	48.23
Total Current Assets	3,305	3,642	3,321	3,291	2,983	2,807
Property, Plant & Equipment	1,103	1,057	985.19	694.58	571.97	482.3
Long-Term Investments	89.72	87.13	147.28	72.51	52.92	57.8
Goodwill	339	350.31	169.6	177.88	131.57	131.57
Other Intangible Assets	272.86	237.06	74.82	89.08	97.55	97.22
Long-Term Deferred Tax Assets	41.27	40.6	33.45	28.72	18.63	13.54
Long-Term Deferred Charges	43.74	45.79	44.98	30.33	35.93	35.62
Other Long-Term Assets	142.68	3.88	3.51	8.76	2.73	7.09
Total Assets	5,337	5,464	4,780	4,393	3,894	3,632
Accounts Payable	446.59	413.59	301.77	205.2	180.8	193.95
Accrued Expenses	83.1	159.51	270.37	277.69	184.52	216.39
Short-Term Debt	0.05	190.39	-	-	-	-
Current Portion of Long-Term Debt	17.87	17.04	-	-	-	-
Current Portion of Leases	-	-	14.25	10.86	6.46	6.79
Current Income Taxes Payable	66.45	49.78	11.84	14.35	5.75	4.39
Current Unearned Revenue	86.77	107.12	31.8	72.01	41.63	14.96
Other Current Liabilities	72.92	66.45	176.46	69.42	139.04	165.17
Total Current Liabilities	773.75	1,004	806.49	649.52	558.2	601.64
Long-Term Debt	0.23	0.27	-	-	-	-
Long-Term Leases	30.1	33.54	24.78	25.06	5.42	7.59
Long-Term Unearned Revenue	15.4	17.47	47.14	46.48	53.85	32.22
Long-Term Deferred Tax Liabilities	43.75	45.86	1.83	1.45	2.08	-
Other Long-Term Liabilities	21.54	20.6	-	-	-	-
Total Liabilities	884.78	1,122	880.24	722.51	619.55	641.44
Common Stock	187.85	187.85	187.85	187.85	187.81	133.75
Additional Paid-In Capital	1,923	1,920	1,917	1,916	1,914	1,926
Retained Earnings	2,210	2,064	1,774	1,501	1,119	888.65
Treasury Stock	-90.03	-90.03	-60.01	-	-	-
Comprehensive Income & Other	11.05	49.08	7.74	6.24	4.16	-5.48
Total Common Equity	4,242	4,130	3,826	3,612	3,225	2,943
Minority Interest	210.46	211.73	73.27	58.24	49.46	46.98
Shareholders' Equity	4,453	4,342	3,899	3,670	3,274	2,990
Total Liabilities & Equity	5,337	5,464	4,780	4,393	3,894	3,632
Total Debt	48.24	241.25	39.03	35.92	11.88	14.38
Net Cash (Debt)	969.01	1,386	2,251	2,277	2,067	1,991
Net Cash Growth	-46.32%	-38.46%	-1.13%	10.17%	3.83%	-2.10%
Net Cash Per Share	5.18	7.41	12.01	12.14	10.94	10.52
Filing Date Shares Outstanding	187.77	186.28	186.94	187.85	187.81	187.25
Total Common Shares Outstanding	187.77	186.28	186.94	187.85	187.81	187.25
Working Capital	2,531	2,638	2,514	2,641	2,425	2,205
Book Value Per Share	22.59	22.17	20.47	19.23	17.17	15.72
Tangible Book Value	3,630	3,543	3,582	3,345	2,996	2,715
Tangible Book Value Per Share	19.33	19.02	19.16	17.81	15.95	14.50
Buildings	-	-	817.45	199.28	195.87	195.66
Machinery	-	-	335.64	280.34	235.74	203.61
Construction In Progress	-	-	21.17	363.8	276.94	188.97

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