SHA:688036 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	11,834	11,740	12,216	12,599	9,215	9,855
Trading Asset Securities	7,588	10,735	12,599	13,519	7,622	6,536
Cash & Short-Term Investments	19,422	22,476	24,815	26,118	16,837	16,391
Cash Growth	-18.98%	-9.43%	-4.99%	55.12%	2.72%	12.15%
Accounts Receivable	4,310	3,726	3,377	1,965	1,287	1,230
Other Receivables	1,053	548.78	1,219	901.23	884.83	1,414
Receivables	5,362	4,275	4,595	2,866	2,172	2,644
Inventory	14,220	8,903	8,663	10,443	6,084	7,579
Prepaid Expenses	-	-	-	-	-	0.6
Other Current Assets	1,872	2,086	735.31	704.75	316.28	223.75
Total Current Assets	40,876	37,739	38,809	40,132	25,410	26,838
Property, Plant & Equipment	3,290	3,308	3,336	3,304	2,633	2,031
Long-Term Investments	1,627	1,530	1,682	1,282	1,659	1,497
Other Intangible Assets	1,076	1,085	476.75	508.55	470.45	474.4
Long-Term Deferred Tax Assets	522.02	515.96	657.13	743.88	602.81	564.87
Long-Term Deferred Charges	202.48	120.74	74.83	55.81	24.72	35.06
Other Long-Term Assets	126.9	82.79	25.95	94.24	46.56	18.78
Total Assets	47,720	44,382	45,062	46,121	30,847	31,459
Accounts Payable	17,602	16,362	16,944	18,719	7,944	11,148
Accrued Expenses	772.89	1,339	1,159	1,288	909.86	872.87
Short-Term Debt	2,130	1,862	2,194	1,512	1,235	1,016
Current Portion of Long-Term Debt	1,389	15.96	249.16	252.12	-	-
Current Portion of Leases	-	77.38	77.03	72.11	69.55	83.72
Current Income Taxes Payable	487.61	105.64	410.77	527.61	164.31	331.87
Current Unearned Revenue	1,498	1,062	1,117	930.23	879.97	629.46
Other Current Liabilities	1,743	2,236	1,834	597.34	183.85	225.14
Total Current Liabilities	25,623	23,061	23,985	23,898	11,386	14,308
Long-Term Debt	302.19	276.61	247.16	247.12	250.16	-
Long-Term Leases	39.67	46.56	86.62	171	150.19	110.73
Long-Term Unearned Revenue	280.32	279.83	246.03	221.19	197.49	181.6
Long-Term Deferred Tax Liabilities	72.28	69.88	77.56	39.92	111.82	121.97
Other Long-Term Liabilities	-	-	74.1	3,367	2,886	2,677
Total Liabilities	26,317	23,734	24,717	27,944	14,982	17,399
Common Stock	1,151	1,151	1,140	806.57	803.95	801.69
Additional Paid-In Capital	7,363	7,304	6,976	6,583	6,026	5,642
Retained Earnings	12,648	11,947	11,989	10,571	8,900	7,619
Comprehensive Income & Other	80.23	122.16	124.52	94.55	88.5	-39.86
Total Common Equity	21,242	20,525	20,230	18,055	15,819	14,023
Minority Interest	160.75	123.8	115.18	121.66	46.08	38.04
Shareholders' Equity	21,403	20,649	20,346	18,177	15,865	14,061
Total Liabilities & Equity	47,720	44,382	45,062	46,121	30,847	31,459
Total Debt	3,860	2,279	2,854	2,254	1,705	1,211
Net Cash (Debt)	15,562	20,197	21,961	23,864	15,133	15,180
Net Cash Growth	-26.33%	-8.03%	-7.97%	57.70%	-0.31%	13.13%
Net Cash Per Share	13.54	17.61	19.19	20.99	13.40	13.48
Filing Date Shares Outstanding	1,151	1,151	1,140	1,129	1,126	1,122
Total Common Shares Outstanding	1,151	1,151	1,140	1,129	1,126	1,122
Working Capital	15,254	14,679	14,824	16,234	14,023	12,531
Book Value Per Share	18.45	17.83	17.74	15.99	14.05	12.49
Tangible Book Value	20,166	19,440	19,754	17,547	15,349	13,548
Tangible Book Value Per Share	17.52	16.89	17.32	15.54	13.64	12.07
Buildings	-	2,729	2,718	2,717	520.05	515.71
Machinery	-	1,371	1,134	929.87	742.94	595.48
Construction In Progress	-	41.25	32.08	0.6	1,586	1,039

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