SHA:688066 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	156.3	123.6	179.67	1,068	1,719	1,018
Trading Asset Securities	-	-	-	-	-	20
Cash & Short-Term Investments	156.3	123.6	179.67	1,068	1,719	1,038
Cash Growth	-56.25%	-31.20%	-83.17%	-37.87%	65.61%	36.62%
Accounts Receivable	944.55	1,032	1,784	2,138	2,090	1,226
Other Receivables	47.89	56.28	79.93	91.46	67.73	54.11
Receivables	992.44	1,088	1,864	2,229	2,158	1,280
Inventory	471.51	447.34	885.51	1,608	839.34	290.01
Other Current Assets	40.79	38.32	75.54	66.19	59.76	58.02
Total Current Assets	1,661	1,697	3,005	4,971	4,776	2,666
Property, Plant & Equipment	717.33	740.38	825.97	932.77	660.86	468.27
Long-Term Investments	248.21	289.95	244.38	246.23	44.12	23.58
Other Intangible Assets	134.25	134.07	117.22	51.13	55.08	36.75
Long-Term Accounts Receivable	-	-	50.94	36.36	48.45	27.38
Long-Term Deferred Tax Assets	87.12	90.39	266.22	113.92	65.17	29.78
Long-Term Deferred Charges	15.56	18.21	30.74	53.73	46.87	15.9
Other Long-Term Assets	169.95	125.6	232.83	72.41	294.46	197.91
Total Assets	3,033	3,096	4,773	6,477	5,991	3,465
Accounts Payable	682.06	700.33	776.99	627.23	486.99	202.99
Accrued Expenses	502.43	424.83	149.9	100.02	140.8	74.43
Short-Term Debt	188.95	193.28	515.22	1,330	869.05	352.77
Current Portion of Long-Term Debt	180.89	178.36	43.09	37.05	19.29	13.3
Current Portion of Leases	-	-	105.51	130.63	57	26.7
Current Income Taxes Payable	27.09	27.18	0.67	0.17	10.13	15.4
Current Unearned Revenue	201.39	204.28	388.42	366.75	266.45	185.85
Other Current Liabilities	689.37	707.8	167.8	140.55	142.48	91.5
Total Current Liabilities	2,472	2,436	2,148	2,733	1,992	962.94
Long-Term Debt	1,137	1,128	1,182	1,082	1,066	149.7
Long-Term Leases	111.05	14	151.8	249.83	87.67	47.61
Long-Term Unearned Revenue	76.96	79.76	74.08	77.77	104.45	37.54
Long-Term Deferred Tax Liabilities	9.78	10.52	17.15	27.53	30.31	4.19
Other Long-Term Liabilities	1.55	94.01	0.22	0.22	0.22	-
Total Liabilities	3,809	3,762	3,573	4,170	3,281	1,202
Common Stock	261.28	261.28	261.28	261.19	185.64	184.43
Additional Paid-In Capital	1,537	1,537	1,590	1,604	1,642	1,545
Retained Earnings	-2,981	-2,873	-1,013	380.12	778.46	531.81
Treasury Stock	-51.99	-51.99	-51.99	-51.99	-	-
Comprehensive Income & Other	90.15	90.15	90.01	90.04	90.23	0.09
Total Common Equity	-1,145	-1,036	876.26	2,283	2,696	2,262
Minority Interest	369.01	369.99	323.5	23.55	13.66	1.6
Shareholders' Equity	-775.5	-666.28	1,200	2,307	2,710	2,263
Total Liabilities & Equity	3,033	3,096	4,773	6,477	5,991	3,465
Total Debt	1,618	1,513	1,998	2,830	2,099	590.08
Net Cash (Debt)	-1,462	-1,390	-1,818	-1,762	-380.23	447.67
Net Cash Growth	-	-	-	-	-	-31.32%
Net Cash Per Share	-5.57	-5.12	-6.96	-7.68	-1.47	1.81
Filing Date Shares Outstanding	260.18	259.72	260.18	261.19	259.89	258.2
Total Common Shares Outstanding	260.18	259.72	260.18	261.19	259.89	258.2
Working Capital	-811.14	-738.76	857.19	2,238	2,783	1,703
Book Value Per Share	-4.40	-3.99	3.37	8.74	10.37	8.76
Tangible Book Value	-1,279	-1,170	759.04	2,232	2,641	2,225
Tangible Book Value Per Share	-4.91	-4.51	2.92	8.55	10.16	8.62
Buildings	-	-	383.02	383.02	380.13	335.83
Machinery	-	-	357.9	310.39	179.45	83.87
Construction In Progress	-	-	-	4.26	17.68	4.68

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