SHA:688057 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	1,909	2,006	1,885	1,787	1,728	2,144
Trading Asset Securities	313.32	316.11	279.49	244.57	264.64	-
Cash & Short-Term Investments	2,222	2,322	2,165	2,032	1,992	2,144
Cash Growth	-7.61%	7.26%	6.52%	1.99%	-7.06%	-7.75%
Accounts Receivable	624.97	681.99	876.88	927.77	1,175	966.45
Other Receivables	62.27	52.98	50.9	30.28	24.3	13.14
Receivables	687.24	734.96	927.78	958.05	1,199	979.59
Inventory	43.25	40.86	51	51.94	69.98	125.81
Prepaid Expenses	-	0.69	-	-	2.21	-
Other Current Assets	51.1	43.22	49.28	39.94	32	12.14
Total Current Assets	3,004	3,141	3,193	3,082	3,296	3,261
Property, Plant & Equipment	94.42	98.92	100.31	129.5	148.65	119.94
Long-Term Investments	220.97	64.43	35.85	31.5	27.49	19.95
Other Intangible Assets	154.53	157.59	163.81	162.41	165.89	168.8
Long-Term Accounts Receivable	-	5.37	9.84	8.25	12.75	27.51
Long-Term Deferred Tax Assets	70.34	70.21	70.43	68.3	66.88	60.55
Long-Term Deferred Charges	1.34	-	1.98	1.32	4.97	6.8
Other Long-Term Assets	24.39	18.96	20.35	21.66	22.81	23.47
Total Assets	3,570	3,557	3,595	3,505	3,745	3,688
Accounts Payable	137.52	85.42	117.21	154.05	206.64	219.69
Accrued Expenses	6.04	63.46	74.21	75.56	110.49	98.58
Short-Term Debt	150.08	150.1	150.11	-	35.04	-
Current Portion of Long-Term Debt	25.38	22.96	20.1	17.53	13.15	8.48
Current Portion of Leases	-	1.98	1.32	2.86	2.73	2.6
Current Income Taxes Payable	1.77	1.25	2.21	2.84	16.45	14.76
Current Unearned Revenue	13.1	4.06	9.59	21.43	21.28	40.73
Other Current Liabilities	2.29	1.56	1.28	1.42	1.4	3.22
Total Current Liabilities	336.17	330.79	376.06	275.68	407.19	388.06
Long-Term Debt	6.5	6.5	11.24	17.49	25.14	32.99
Long-Term Leases	4.49	2.8	-	2.24	5.1	7.83
Long-Term Unearned Revenue	8.66	8.77	9.2	9.64	10.07	10.51
Long-Term Deferred Tax Liabilities	0.59	0.65	0.19	0.71	-	-
Other Long-Term Liabilities	8.72	10.27	12.01	16.07	25.58	27.32
Total Liabilities	365.12	359.79	408.7	321.84	473.08	466.71
Common Stock	276	276	276	276	276	276
Additional Paid-In Capital	1,867	1,867	1,867	1,867	1,866	1,866
Retained Earnings	1,021	1,008	982.51	983.67	1,077	1,049
Comprehensive Income & Other	14.14	19.12	26.34	21	16.02	-5.94
Total Common Equity	3,178	3,170	3,152	3,147	3,235	3,185
Minority Interest	26.56	27.52	34.87	35.58	37.34	36.2
Shareholders' Equity	3,205	3,197	3,186	3,183	3,272	3,221
Total Liabilities & Equity	3,570	3,557	3,595	3,505	3,745	3,688
Total Debt	186.44	184.34	182.78	40.12	81.16	51.89
Net Cash (Debt)	2,036	2,137	1,982	1,992	1,911	2,092
Net Cash Growth	-1.76%	7.85%	-0.51%	4.23%	-8.63%	-8.24%
Net Cash Per Share	7.38	7.74	7.18	7.18	6.92	7.58
Filing Date Shares Outstanding	276	276	276	276	276	276
Total Common Shares Outstanding	276	276	276	276	276	276
Working Capital	2,668	2,811	2,817	2,806	2,889	2,873
Book Value Per Share	11.51	11.48	11.42	11.40	11.72	11.54
Tangible Book Value	3,024	3,012	2,988	2,985	3,069	3,016
Tangible Book Value Per Share	10.95	10.91	10.83	10.82	11.12	10.93
Buildings	-	82.91	82.91	82.91	83.36	44.04
Machinery	-	124.41	113.53	118.15	124.34	130.69
Construction In Progress	-	0.4	0.4	10.09	8.81	6.92

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