SHA:688097 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	-	981.92	1,324	1,423	525.75
Trading Asset Securities	-	-	-	5.22	-
Cash & Short-Term Investments	1,745	981.92	1,324	1,428	525.75
Cash Growth	77.67%	-25.84%	-7.29%	171.67%	-30.94%
Accounts Receivable	-	3,633	2,703	2,205	1,731
Other Receivables	-	35.55	24.26	34.1	17.84
Receivables	-	3,668	2,727	2,239	1,749
Inventory	-	2,697	2,435	2,711	2,216
Prepaid Expenses	-	3.31	3.38	0.22	0.54
Other Current Assets	-	140.11	54.42	73.26	71.01
Total Current Assets	-	7,491	6,544	6,451	4,562
Property, Plant & Equipment	-	939.33	896.97	910.91	866.18
Long-Term Investments	-	157.66	172.93	60.53	43.76
Other Intangible Assets	-	81.93	84.73	92.05	100.42
Long-Term Deferred Tax Assets	-	72.15	56.06	44.02	44.51
Long-Term Deferred Charges	-	15.41	10.49	19.11	13.9
Other Long-Term Assets	-	139.6	56.9	42.1	9
Total Assets	-	8,897	7,822	7,620	5,640
Accounts Payable	-	2,244	1,357	1,594	1,334
Accrued Expenses	-	275.84	291.35	235.73	130.69
Short-Term Debt	-	867.62	667.9	908.72	924.31
Current Portion of Long-Term Debt	-	317.32	547.02	101.11	191.24
Current Portion of Leases	-	14.85	11.31	11.32	0.76
Current Income Taxes Payable	-	32	37.6	50.39	19.08
Current Unearned Revenue	-	257.73	214.5	294.41	360.97
Other Current Liabilities	-	89.37	52.27	120.03	63.59
Total Current Liabilities	-	4,098	3,179	3,316	3,024
Long-Term Debt	-	289.13	422.87	484.01	166.59
Long-Term Leases	-	40.94	8.43	12.38	-
Long-Term Unearned Revenue	-	18.69	19.2	21.24	12.62
Long-Term Deferred Tax Liabilities	-	7.27	6.38	4.98	-
Other Long-Term Liabilities	-	1.61	1.69	2.39	1.16
Total Liabilities	-	4,456	3,637	3,841	3,205
Common Stock	-	446.65	446.65	444.31	402.52
Additional Paid-In Capital	-	1,909	1,894	1,819	834.77
Retained Earnings	-	2,224	1,921	1,529	1,199
Treasury Stock	-	-65.85	-51	-	-
Comprehensive Income & Other	-	-59.18	-31.36	-38.07	-37.65
Total Common Equity	4,745	4,455	4,179	3,754	2,399
Minority Interest	-	-14.21	5.54	24.98	36.86
Shareholders' Equity	4,878	4,441	4,185	3,779	2,435
Total Liabilities & Equity	-	8,897	7,822	7,620	5,640
Total Debt	2,051	1,530	1,658	1,518	1,283
Net Cash (Debt)	-306.1	-547.93	-333.41	-89.21	-757.14
Net Cash Per Share	-0.68	-1.23	-0.75	-0.22	-1.97
Filing Date Shares Outstanding	448.99	441.73	444.51	444.31	402.52
Total Common Shares Outstanding	448.99	443.73	444.75	444.31	402.52
Working Capital	-	3,393	3,365	3,135	1,538
Book Value Per Share	10.62	10.04	9.40	8.45	5.96
Tangible Book Value	4,123	4,373	4,095	3,662	2,298
Tangible Book Value Per Share	9.23	9.86	9.21	8.24	5.71
Buildings	-	970.67	967.94	958.92	849.28
Machinery	-	313.53	240.81	194.98	176.06
Construction In Progress	-	-	2.92	0.12	63.64

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