SHA:688101 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	-	572.6	681.49	1,360	1,232
Trading Asset Securities	-	949.75	777.78	-	250.08
Cash & Short-Term Investments	1,665	1,522	1,459	1,360	1,482
Cash Growth	9.35%	4.32%	7.29%	-8.24%	-4.06%
Accounts Receivable	-	1,258	894.04	772.05	689.92
Other Receivables	-	5.03	8	4.71	11.56
Receivables	-	1,263	902.05	776.76	701.48
Inventory	-	845.76	749.02	832.42	591.77
Prepaid Expenses	-	0.02	0	0.06	0.07
Restricted Cash	-	-	-	0.36	-
Other Current Assets	-	51.85	50.39	51.69	90.03
Total Current Assets	-	3,683	3,161	3,021	2,866
Property, Plant & Equipment	-	232.44	227.49	205.23	130.35
Long-Term Investments	-	469.36	388.41	380.36	344.96
Goodwill	-	-	-	0.1	0.1
Other Intangible Assets	-	1,557	1,587	1,523	1,360
Long-Term Accounts Receivable	-	4.89	3.74	12	8.13
Long-Term Deferred Tax Assets	-	92.51	78.47	71.29	57.18
Long-Term Deferred Charges	-	3.54	2.02	2.48	2.61
Other Long-Term Assets	-	78.96	90.08	82.73	85.32
Total Assets	-	6,122	5,538	5,299	4,855
Accounts Payable	-	412.23	331.52	313.9	244.24
Accrued Expenses	-	50.37	42.59	49.2	53.05
Current Portion of Long-Term Debt	-	23.42	14.53	9.77	9.59
Current Portion of Leases	-	7.57	7.33	5.14	3.01
Current Income Taxes Payable	-	29.75	32.24	31.26	23.94
Current Unearned Revenue	-	778.86	598.92	680.52	502.49
Other Current Liabilities	-	282.49	206.33	217.86	178.18
Total Current Liabilities	-	1,585	1,233	1,308	1,014
Long-Term Debt	-	51.06	74.7	88	85.94
Long-Term Leases	-	11.09	18.53	5.77	8.57
Long-Term Unearned Revenue	-	91.87	106.88	86.43	89.3
Long-Term Deferred Tax Liabilities	-	-	-	2.07	0.03
Other Long-Term Liabilities	-	274.91	243.69	210.97	177.65
Total Liabilities	-	2,014	1,677	1,701	1,376
Common Stock	-	332.01	333.88	333.88	333.88
Additional Paid-In Capital	-	1,496	1,518	1,515	1,515
Retained Earnings	-	2,219	1,981	1,727	1,586
Treasury Stock	-	-	-27	-27	-
Comprehensive Income & Other	-	0.24	-	-	-
Total Common Equity	4,347	4,047	3,806	3,549	3,434
Minority Interest	-	60.62	55.39	49.48	44.19
Shareholders' Equity	4,413	4,108	3,861	3,598	3,479
Total Liabilities & Equity	-	6,122	5,538	5,299	4,855
Total Debt	66.32	93.13	115.08	108.67	107.11
Net Cash (Debt)	1,598	1,429	1,344	1,251	1,375
Net Cash Growth	11.83%	6.33%	7.41%	-9.00%	-9.84%
Net Cash Per Share	4.83	4.30	4.02	3.73	4.12
Filing Date Shares Outstanding	332.02	332.01	332.01	332.01	333.88
Total Common Shares Outstanding	332.01	332.01	332.01	332.01	333.88
Working Capital	-	2,098	1,927	1,714	1,851
Book Value Per Share	13.09	12.19	11.46	10.69	10.29
Tangible Book Value	2,835	2,490	2,218	2,025	2,074
Tangible Book Value Per Share	8.54	7.50	6.68	6.10	6.21
Buildings	-	92.15	85.5	34.55	34.58
Machinery	-	163.34	144.75	135.8	108.37
Construction In Progress	-	52.02	59.56	98.57	39.48

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