SHA:688057 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,006	1,885	1,787	1,728	2,144
Trading Asset Securities	316.11	279.49	244.57	264.64	-
Cash & Short-Term Investments	2,322	2,165	2,032	1,992	2,144
Cash Growth	7.26%	6.52%	1.99%	-7.06%	-7.75%
Accounts Receivable	681.99	876.88	927.77	1,175	966.45
Other Receivables	55.6	50.9	30.28	24.3	13.14
Receivables	737.58	927.78	958.05	1,199	979.59
Inventory	40.86	51	51.94	69.98	125.81
Prepaid Expenses	-	-	-	2.21	-
Other Current Assets	41.29	49.28	39.94	32	12.14
Total Current Assets	3,141	3,193	3,082	3,296	3,261
Property, Plant & Equipment	98.92	100.31	129.5	148.65	119.94
Long-Term Investments	64.43	35.85	31.5	27.49	19.95
Other Intangible Assets	157.59	163.81	162.41	165.89	168.8
Long-Term Accounts Receivable	-	9.84	8.25	12.75	27.51
Long-Term Deferred Tax Assets	70.21	70.43	68.3	66.88	60.55
Long-Term Deferred Charges	-	1.98	1.32	4.97	6.8
Other Long-Term Assets	24.33	20.35	21.66	22.81	23.47
Total Assets	3,557	3,595	3,505	3,745	3,688
Accounts Payable	135.09	117.21	154.05	206.64	219.69
Accrued Expenses	9.44	74.21	75.56	110.49	98.58
Short-Term Debt	150.1	150.11	-	35.04	-
Current Portion of Long-Term Debt	24.95	20.1	17.53	13.15	8.48
Current Portion of Leases	-	1.32	2.86	2.73	2.6
Current Income Taxes Payable	4.14	2.21	2.84	16.45	14.76
Current Unearned Revenue	4.06	9.59	21.43	21.28	40.73
Other Current Liabilities	3.01	1.28	1.42	1.4	3.22
Total Current Liabilities	330.79	376.06	275.68	407.19	388.06
Long-Term Debt	6.5	11.24	17.49	25.14	32.99
Long-Term Leases	2.8	-	2.24	5.1	7.83
Long-Term Unearned Revenue	8.77	9.2	9.64	10.07	10.51
Long-Term Deferred Tax Liabilities	0.65	0.19	0.71	-	-
Other Long-Term Liabilities	10.27	12.01	16.07	25.58	27.32
Total Liabilities	359.79	408.7	321.84	473.08	466.71
Common Stock	276	276	276	276	276
Additional Paid-In Capital	1,867	1,867	1,867	1,866	1,866
Retained Earnings	1,008	982.51	983.67	1,077	1,049
Comprehensive Income & Other	19.12	26.34	21	16.02	-5.94
Total Common Equity	3,170	3,152	3,147	3,235	3,185
Minority Interest	27.52	34.87	35.58	37.34	36.2
Shareholders' Equity	3,197	3,186	3,183	3,272	3,221
Total Liabilities & Equity	3,557	3,595	3,505	3,745	3,688
Total Debt	184.35	182.78	40.12	81.16	51.89
Net Cash (Debt)	2,137	1,982	1,992	1,911	2,092
Net Cash Growth	7.85%	-0.51%	4.23%	-8.63%	-8.24%
Net Cash Per Share	7.74	7.24	7.18	6.92	7.58
Filing Date Shares Outstanding	276	276	276	276	276
Total Common Shares Outstanding	276	276	276	276	276
Working Capital	2,811	2,817	2,806	2,889	2,873
Book Value Per Share	11.48	11.42	11.40	11.72	11.54
Tangible Book Value	3,012	2,988	2,985	3,069	3,016
Tangible Book Value Per Share	10.91	10.83	10.82	11.12	10.93
Buildings	-	82.91	82.91	83.36	44.04
Machinery	-	113.53	118.15	124.34	130.69
Construction In Progress	-	0.4	10.09	8.81	6.92

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