SHA:688055 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	302.46	459.41	141.78	2,099	1,078	1,130
Short-Term Investments	-	-	1,658	33	48.53	50.38
Trading Asset Securities	-	-	-	-	-	100.14
Cash & Short-Term Investments	302.46	459.41	1,800	2,132	1,127	1,281
Cash Growth	-16.34%	-74.47%	-15.59%	89.20%	-12.02%	170.44%
Accounts Receivable	139.35	160.22	424.15	591.3	605.23	940.46
Other Receivables	2.85	3.19	3.21	47.23	54.89	3.31
Receivables	142.2	163.4	427.37	638.53	660.12	943.77
Inventory	598.73	540.78	615.18	889.41	1,309	1,209
Other Current Assets	1,103	948.87	52.13	46.43	103.72	112.99
Total Current Assets	2,147	2,112	2,894	3,706	3,200	3,546
Property, Plant & Equipment	2,999	3,030	3,135	3,069	3,138	3,113
Long-Term Investments	952.85	946.78	5	10.45	10.37	10.21
Other Intangible Assets	28.24	28.52	27.7	29.8	31.19	32.87
Long-Term Deferred Tax Assets	212.66	195.14	136.91	114.38	33.51	34.48
Long-Term Deferred Charges	29.64	30.11	-	-	-	-
Other Long-Term Assets	421.6	367.49	382.29	437.81	464.43	499.83
Total Assets	6,791	6,711	6,581	7,368	6,878	7,237
Accounts Payable	1,016	909.27	609.62	833.16	678.09	1,015
Accrued Expenses	45.46	50.79	363.63	346.26	208.27	266.73
Short-Term Debt	1,445	1,274	790.94	496.02	848.29	1,001
Current Portion of Long-Term Debt	58.55	101.26	74.55	564.92	-	-
Current Portion of Leases	-	-	14.05	4.08	13.6	13.01
Current Income Taxes Payable	12.05	11.45	5.91	5.91	-	27.49
Current Unearned Revenue	55.95	51.17	51.53	27.48	17.84	60.22
Other Current Liabilities	69.12	70.75	143.84	125.73	137.45	173.82
Total Current Liabilities	2,702	2,469	2,054	2,404	1,904	2,557
Long-Term Debt	14.86	92.64	176.48	424.85	120.5	-
Long-Term Leases	35.64	39.45	54.86	-	4.18	17.78
Long-Term Unearned Revenue	25.51	25.63	3.92	4.47	6.19	6.36
Long-Term Deferred Tax Liabilities	4.36	4.34	3.52	42.6	39.54	25.39
Total Liabilities	2,783	2,631	2,293	2,875	2,074	2,607
Common Stock	3,333	3,333	3,333	3,333	3,333	3,333
Additional Paid-In Capital	62	62	63.15	77.88	77.45	62
Retained Earnings	613.36	683.05	891.26	1,082	1,393	1,234
Comprehensive Income & Other	-0.13	1.18	0.21	-0.29	-0.17	0.18
Shareholders' Equity	4,009	4,080	4,288	4,493	4,804	4,630
Total Liabilities & Equity	6,791	6,711	6,581	7,368	6,878	7,237
Total Debt	1,554	1,508	1,111	1,490	986.58	1,032
Net Cash (Debt)	-1,252	-1,048	688.67	642.15	140.3	249.11
Net Cash Growth	-	-	7.24%	357.71%	-43.68%	-
Net Cash Per Share	-0.37	-0.31	0.21	0.19	0.04	0.07
Filing Date Shares Outstanding	3,318	3,333	3,333	3,333	3,333	3,333
Total Common Shares Outstanding	3,318	3,333	3,333	3,333	3,333	3,333
Working Capital	-555.5	-356.72	840.15	1,303	1,297	988.9
Book Value Per Share	1.21	1.22	1.29	1.35	1.44	1.39
Tangible Book Value	3,980	4,051	4,260	4,463	4,773	4,597
Tangible Book Value Per Share	1.20	1.22	1.28	1.34	1.43	1.38
Buildings	-	-	2,422	2,422	2,414	2,409
Machinery	-	-	9,239	9,242	9,171	9,041
Construction In Progress	-	-	516.5	432.67	417.46	385.06

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