SHA:688095 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	Jan '22 Jan 1, 2022
Cash & Equivalents	1,129	-	763.74	712.05	328.69	674.99
Short-Term Investments	-	-	9.04	185.48	196.09	245.68
Trading Asset Securities	984.22	-	1,339	1,393	1,824	1,608
Cash & Short-Term Investments	2,113	1,980	2,111	2,291	2,349	2,529
Cash Growth	8.04%	-6.24%	-7.83%	-2.48%	-7.11%	-11.44%
Accounts Receivable	194.48	-	123.41	98.26	70.29	61.47
Other Receivables	4.46	-	20.2	10.65	18.97	6.06
Receivables	198.94	-	144.01	109.31	89.77	68.42
Inventory	213.35	-	0.9	0.12	0.19	-
Prepaid Expenses	-	-	2.93	0.57	0.31	0.56
Other Current Assets	79.35	-	31.34	34.38	17.74	31.45
Total Current Assets	2,605	-	2,290	2,435	2,457	2,629
Property, Plant & Equipment	87.36	-	105.51	107.21	105.61	98.39
Long-Term Investments	313.4	-	204.76	186.12	201.99	148.37
Goodwill	460.63	-	235.24	150.77	199.61	221.31
Other Intangible Assets	180	-	63.1	43.58	51.86	58.07
Long-Term Accounts Receivable	-	-	16.92	16.54	1.51	2.72
Long-Term Deferred Tax Assets	81.44	-	77.73	41.5	13.72	7.1
Long-Term Deferred Charges	38.24	-	27.13	21.66	13.12	7.76
Other Long-Term Assets	41.06	-	60.06	10.72	0.13	1.3
Total Assets	3,807	-	3,081	3,013	3,044	3,174
Accounts Payable	31.15	-	-	-	-	-
Accrued Expenses	61.2	-	121.19	112.04	91.98	58.22
Current Portion of Long-Term Debt	19.33	-	-	-	-	-
Current Portion of Leases	-	-	11.56	8.25	6.6	6.65
Current Income Taxes Payable	24.02	-	2.63	0.48	2.05	4.81
Current Unearned Revenue	465.94	-	335.06	241.12	171.17	130.67
Other Current Liabilities	80.1	-	30.29	50.23	54.22	32.8
Total Current Liabilities	681.73	-	500.73	412.12	326.03	233.15
Long-Term Debt	230.75	-	-	-	-	-
Long-Term Leases	22.93	-	28.74	28.08	13.03	9.87
Long-Term Unearned Revenue	1.65	-	-	0.5	0.5	3.09
Long-Term Deferred Tax Liabilities	21.52	-	8.08	6.81	8.16	10.17
Other Long-Term Liabilities	-	-	-	-	34.82	70.76
Total Liabilities	958.58	-	537.55	447.51	382.54	327.03
Common Stock	91.36	-	91.44	91.49	66.2	48.14
Additional Paid-In Capital	2,479	-	2,569	2,676	2,743	2,741
Retained Earnings	104.29	-	89.7	98.26	224.85	262.72
Treasury Stock	-32.39	-	-218.6	-317.82	-380.68	-200.08
Comprehensive Income & Other	-13.78	-	21.52	14.96	4.71	-9.03
Total Common Equity	2,628	2,531	2,553	2,562	2,658	2,843
Minority Interest	220	-	-9.39	3.14	3.4	3.8
Shareholders' Equity	2,848	2,747	2,543	2,566	2,662	2,847
Total Liabilities & Equity	3,807	-	3,081	3,013	3,044	3,174
Total Debt	273.01	221.89	40.3	36.33	19.63	16.52
Net Cash (Debt)	1,840	1,758	2,071	2,254	2,329	2,512
Net Cash Growth	3.01%	-15.13%	-8.13%	-3.21%	-7.28%	-11.98%
Net Cash Per Share	20.33	19.54	22.96	25.45	26.18	27.14
Filing Date Shares Outstanding	91.08	91.26	89.7	88.8	88.51	94.35
Total Common Shares Outstanding	91.08	89.7	89.68	88.96	88.51	94.35
Working Capital	1,923	-	1,790	2,023	2,131	2,396
Book Value Per Share	28.86	28.21	28.47	28.80	30.04	30.13
Tangible Book Value	1,988	1,853	2,254	2,368	2,407	2,564
Tangible Book Value Per Share	21.83	20.65	25.14	26.62	27.19	27.17
Buildings	-	-	75.08	75.08	66.37	53.44
Machinery	-	-	36.9	31.7	27.65	24.62
Construction In Progress	-	-	-	-	28.21	33.79

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