SHA:688101 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	622.4	668.86	572.6	681.49	1,360	1,232
Trading Asset Securities	970.97	1,085	949.75	777.78	-	250.08
Cash & Short-Term Investments	1,593	1,754	1,522	1,459	1,360	1,482
Cash Growth	-1.49%	15.20%	4.32%	7.29%	-8.24%	-4.06%
Accounts Receivable	1,369	1,239	1,258	894.04	772.05	689.92
Other Receivables	24.92	29.32	5.03	8	4.71	11.56
Receivables	1,394	1,268	1,263	902.05	776.76	701.48
Inventory	607.05	798.08	845.76	749.02	832.42	591.77
Prepaid Expenses	-	0.01	0.02	0	0.06	0.07
Restricted Cash	-	-	-	-	0.36	-
Other Current Assets	59.96	59.79	51.85	50.39	51.69	90.03
Total Current Assets	3,654	3,880	3,683	3,161	3,021	2,866
Property, Plant & Equipment	229	231.09	232.44	227.49	205.23	130.35
Long-Term Investments	542.94	525.77	469.36	388.41	380.36	344.96
Goodwill	-	-	-	-	0.1	0.1
Other Intangible Assets	1,481	1,506	1,557	1,587	1,523	1,360
Long-Term Accounts Receivable	-	15.96	4.89	3.74	12	8.13
Long-Term Deferred Tax Assets	103.71	96.51	92.51	78.47	71.29	57.18
Long-Term Deferred Charges	1.36	1.94	3.54	2.02	2.48	2.61
Other Long-Term Assets	84.9	75.2	78.96	90.08	82.73	85.32
Total Assets	6,097	6,333	6,122	5,538	5,299	4,855

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	328.61	330.26	412.23	331.52	313.9	244.24
Accrued Expenses	12.56	44.5	50.37	42.59	49.2	53.05
Current Portion of Long-Term Debt	14.97	14.44	23.42	14.53	9.77	9.59
Current Portion of Leases	-	7.95	7.57	7.33	5.14	3.01
Current Income Taxes Payable	38.56	37.83	29.75	32.24	31.26	23.94
Current Unearned Revenue	524.64	724.79	778.86	598.92	680.52	502.49
Other Current Liabilities	155.82	231.85	282.49	206.33	217.86	178.18
Total Current Liabilities	1,075	1,392	1,585	1,233	1,308	1,014
Long-Term Debt	34.24	37.21	51.06	74.7	88	85.94
Long-Term Leases	10.71	12.28	11.09	18.53	5.77	8.57
Long-Term Unearned Revenue	86.51	87.91	91.87	106.88	86.43	89.3
Long-Term Deferred Tax Liabilities	-	-	-	-	2.07	0.03
Other Long-Term Liabilities	322.17	308.28	274.91	243.69	210.97	177.65
Total Liabilities	1,529	1,837	2,014	1,677	1,701	1,376

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	332.01	332.01	332.01	333.88	333.88	333.88
Additional Paid-In Capital	1,500	1,499	1,496	1,518	1,515	1,515
Retained Earnings	2,665	2,598	2,219	1,981	1,727	1,586
Treasury Stock	-	-	-	-27	-27	-
Comprehensive Income & Other	0.06	-0.11	0.24	-	-	-
Total Common Equity	4,497	4,428	4,047	3,806	3,549	3,434
Minority Interest	70.98	67.56	60.62	55.39	49.48	44.19
Shareholders' Equity	4,568	4,496	4,108	3,861	3,598	3,479
Total Liabilities & Equity	6,097	6,333	6,122	5,538	5,299	4,855

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	59.92	71.87	93.13	115.08	108.67	107.11
Net Cash (Debt)	1,533	1,682	1,429	1,344	1,251	1,375
Net Cash Growth	0.03%	17.68%	6.33%	7.41%	-9.00%	-9.84%
Net Cash Per Share	4.60	5.07	4.31	4.02	3.73	4.12
Filing Date Shares Outstanding	339.91	332.01	332.01	332.01	332.01	333.88
Total Common Shares Outstanding	339.91	332.01	332.01	332.01	332.01	333.88
Working Capital	2,579	2,488	2,098	1,927	1,714	1,851
Book Value Per Share	13.23	13.34	12.19	11.46	10.69	10.29
Tangible Book Value	3,016	2,922	2,490	2,218	2,025	2,074
Tangible Book Value Per Share	8.87	8.80	7.50	6.68	6.10	6.21
Buildings	-	92.15	92.15	85.5	34.55	34.58
Machinery	-	164.92	163.34	144.75	135.8	108.37
Construction In Progress	-	53.11	52.02	59.56	98.57	39.48