SHA:688032 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	3,846	3,570	4,109	4,843	5,287	5,580
Trading Asset Securities	71.57	61.03	-	-	191.01	110.01
Cash & Short-Term Investments	3,917	3,632	4,109	4,843	5,478	5,690
Cash Growth	0.43%	-11.62%	-15.16%	-11.59%	-3.72%	3109.02%
Accounts Receivable	715.48	702.24	766.23	447.99	359.09	277.23
Other Receivables	49.62	51.7	44.26	60.66	101.88	43.65
Receivables	765.1	753.94	810.5	508.65	460.97	320.88
Inventory	1,035	1,127	940.62	730.75	641.59	214.33
Prepaid Expenses	-	-	4.25	2.19	1.69	0
Other Current Assets	619.65	395.12	307.37	99.06	59.7	12.31
Total Current Assets	6,337	5,908	6,172	6,184	6,642	6,237
Property, Plant & Equipment	1,714	1,671	1,530	675.94	573.7	149.12
Long-Term Investments	195.48	195.48	83.87	48.24	7.5	-
Other Intangible Assets	330.63	330.63	359.4	209.03	17.85	17.33
Long-Term Accounts Receivable	-	-	7.36	17.14	4.91	1.12
Long-Term Deferred Tax Assets	264.45	231.29	144.69	78.8	48.51	15.11
Long-Term Deferred Charges	28.5	31.7	34.69	12.78	8.3	2.56
Other Long-Term Assets	16.16	11.58	1.75	1.81	14.69	0.24
Total Assets	8,887	8,380	8,333	7,228	7,318	6,423
Accounts Payable	1,591	902.15	1,208	522.37	534.38	225.12
Accrued Expenses	68.03	86.44	141.32	88.61	70.12	58.38
Short-Term Debt	663.3	539.77	158.01	26.82	-	20.01
Current Portion of Long-Term Debt	124.34	124.49	-	1.01	-	-
Current Portion of Leases	-	-	10.08	14.73	4.7	-
Current Income Taxes Payable	19.12	24.94	24.89	32.49	52.77	30.11
Current Unearned Revenue	106.34	307.49	53	48.5	146.78	31.83
Other Current Liabilities	75.8	103.77	18.63	12.88	33.21	7.06
Total Current Liabilities	2,648	2,089	1,613	747.41	841.94	372.52
Long-Term Debt	468.71	479.03	266.18	9	-	21.53
Long-Term Leases	5.9	7.02	17.91	32.68	17.95	11.54
Long-Term Unearned Revenue	16.64	16.86	14.34	2.32	1.5	1.58
Long-Term Deferred Tax Liabilities	1.66	1.68	1.75	1.82	-	-
Other Long-Term Liabilities	64.49	59.99	62.71	55.3	47.74	30.51
Total Liabilities	3,205	2,654	1,976	848.53	909.14	437.69
Common Stock	124.07	124.07	124.07	83.32	56	40
Additional Paid-In Capital	5,640	5,630	5,776	5,769	5,689	5,695
Retained Earnings	109.86	172.05	727.1	680.36	662.99	250.44
Treasury Stock	-207.8	-207.8	-276.39	-152.48	-	-
Comprehensive Income & Other	6.16	-0.99	6.42	-2.31	0	-
Total Common Equity	5,672	5,717	6,357	6,377	6,408	5,985
Minority Interest	9.01	9.01	-0.44	1.76	0.2	-
Shareholders' Equity	5,681	5,726	6,357	6,379	6,409	5,985
Total Liabilities & Equity	8,887	8,380	8,333	7,228	7,318	6,423
Total Debt	1,262	1,150	452.17	84.24	22.66	53.08
Net Cash (Debt)	2,655	2,481	3,657	4,759	5,456	5,637
Net Cash Growth	-8.14%	-32.15%	-23.16%	-12.77%	-3.21%	4202.76%
Net Cash Per Share	21.92	20.17	29.64	38.40	43.93	60.41
Filing Date Shares Outstanding	121.94	122.51	123.27	123.55	124.33	124.33
Total Common Shares Outstanding	121.94	122.51	123.27	123.74	124.33	124.33
Working Capital	3,689	3,819	4,558	5,437	5,800	5,865
Book Value Per Share	46.52	46.67	51.57	51.54	51.55	48.14
Tangible Book Value	5,342	5,386	5,998	6,168	6,391	5,968
Tangible Book Value Per Share	43.81	43.97	48.66	49.85	51.40	48.00
Buildings	-	-	600.19	401.9	125.01	46.6
Machinery	-	-	218.45	167.56	122.15	87.99
Construction In Progress	-	-	775.41	113.33	353.35	43.86

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