SHA:688100 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	925.64	1,545	1,828	1,629	1,570	1,712
Trading Asset Securities	280	-	50	120	30	1.04
Cash & Short-Term Investments	1,206	1,545	1,878	1,749	1,600	1,713
Cash Growth	-28.36%	-17.73%	7.36%	9.31%	-6.58%	10.95%
Accounts Receivable	2,848	2,754	1,982	1,532	1,383	1,123
Other Receivables	46.97	9.32	8.53	14.02	12.64	10.96
Receivables	2,895	2,763	1,991	1,546	1,396	1,134
Inventory	389.51	309.27	341.96	309.63	262.92	237.17
Other Current Assets	222.37	114.77	118.78	113.35	138.9	159.82
Total Current Assets	4,712	4,733	4,330	3,718	3,398	3,244
Property, Plant & Equipment	496.47	498.98	290.42	269.7	260.16	252.25
Long-Term Investments	100.21	180.21	86.61	72.07	61.8	31.6
Other Intangible Assets	122.28	124.22	110.96	70.9	67.22	68.76
Long-Term Accounts Receivable	-	-	3.4	6.94	10.64	-
Long-Term Deferred Tax Assets	36.53	35.09	29.18	24.95	23.6	16.87
Long-Term Deferred Charges	13.53	14.59	7.66	12.14	15.01	8.07
Other Long-Term Assets	374.44	104.38	99.13	82.53	82.03	89.89
Total Assets	5,856	5,690	4,957	4,258	3,918	3,711
Accounts Payable	1,933	1,773	1,287	1,034	927.69	904.49
Accrued Expenses	16.74	125.53	89.86	83.41	83.18	68.39
Short-Term Debt	-	-	-	10.98	23.51	20.08
Current Portion of Leases	-	2.16	3.61	-	-	1.8
Current Income Taxes Payable	58.51	67.48	63.93	54.84	44.99	28.8
Current Unearned Revenue	31.13	30.97	29.76	31.93	38.3	37.33
Other Current Liabilities	248.03	124.19	106.28	49.28	28.7	5.23
Total Current Liabilities	2,287	2,124	1,581	1,265	1,146	1,066
Long-Term Leases	1.58	1.58	4.22	-	-	-
Long-Term Unearned Revenue	12.54	10.76	3.12	-	1.21	1.75
Long-Term Deferred Tax Liabilities	14.49	14.6	14.32	13.76	10.02	8.74
Other Long-Term Liabilities	-	-	3.43	7.02	10.76	-
Total Liabilities	2,316	2,150	1,606	1,286	1,168	1,077
Common Stock	491.69	491.69	491.69	500	500	500
Additional Paid-In Capital	889	887.54	873.96	1,092	1,092	1,092
Retained Earnings	2,355	2,353	2,063	1,644	1,281	1,011
Treasury Stock	-196.56	-196.56	-77.68	-299.05	-157.12	-
Comprehensive Income & Other	0.77	4.2	0.66	-0.01	-	-
Total Common Equity	3,540	3,540	3,351	2,936	2,715	2,603
Minority Interest	-	-	-	35.73	34.64	32.11
Shareholders' Equity	3,540	3,540	3,351	2,972	2,750	2,635
Total Liabilities & Equity	5,856	5,690	4,957	4,258	3,918	3,711
Total Debt	1.76	3.74	7.83	10.98	23.51	21.88
Net Cash (Debt)	1,204	1,541	1,870	1,738	1,577	1,691
Net Cash Growth	-28.31%	-17.59%	7.59%	10.24%	-6.76%	10.27%
Net Cash Per Share	2.46	3.15	3.80	3.54	3.15	3.37
Filing Date Shares Outstanding	494.27	491.69	478.67	487.69	492.2	500
Total Common Shares Outstanding	494.27	491.69	478.67	487.69	493.12	500
Working Capital	2,425	2,609	2,749	2,453	2,251	2,178
Book Value Per Share	7.16	7.20	7.00	6.02	5.51	5.21
Tangible Book Value	3,417	3,415	3,240	2,865	2,648	2,534
Tangible Book Value Per Share	6.91	6.95	6.77	5.88	5.37	5.07
Buildings	-	453.43	243.35	227.01	227.01	227.01
Machinery	-	213.77	196.81	187.45	156.23	127.81
Construction In Progress	-	17.41	6.15	-	3.08	6.08
Order Backlog	-	4,059	-	-	-	-

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