SHA:688111 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	-	897.94	3,478	7,015	1,254
Short-Term Investments	-	3,167	3,404	962.98	-
Trading Asset Securities	-	1,384	2,571	1,192	6,942
Cash & Short-Term Investments	2,336	5,449	9,453	9,171	8,196
Cash Growth	-57.13%	-42.35%	3.08%	11.89%	7.43%
Accounts Receivable	-	510.14	570.65	502.39	417.49
Other Receivables	-	63.25	41.67	27.09	36.23
Receivables	-	573.79	612.9	529.48	453.72
Inventory	-	0.8	1.41	1.16	2.3
Other Current Assets	-	80.78	79.89	74.15	42.35
Total Current Assets	-	6,105	10,147	9,775	8,694
Property, Plant & Equipment	-	475.02	387.94	310.12	187.72
Long-Term Investments	-	8,927	3,033	1,589	1,162
Goodwill	-	184.67	184.67	184.67	184.67
Other Intangible Assets	-	79.35	87.03	102.29	117.98
Long-Term Deferred Tax Assets	-	34.98	40.73	21.13	19.05
Long-Term Deferred Charges	-	49.43	46.22	28.06	12.52
Other Long-Term Assets	-	40.47	31.28	33.75	40.53
Total Assets	-	15,913	13,974	12,058	10,426
Accounts Payable	-	7.19	20.91	38.78	7.71
Accrued Expenses	-	911.42	901.46	713.59	617.97
Current Portion of Leases	-	26.59	36.73	65.85	39.8
Current Income Taxes Payable	-	22.25	28.59	12.92	25.17
Current Unearned Revenue	-	2,136	1,892	1,731	1,421
Other Current Liabilities	-	359.35	274.22	187.83	156.18
Total Current Liabilities	-	3,462	3,154	2,750	2,268
Long-Term Leases	-	17.2	41.67	69.42	74.72
Long-Term Unearned Revenue	-	945.74	642.45	354.51	233.55
Long-Term Deferred Tax Liabilities	-	51.05	42.97	26.79	15.88
Other Long-Term Liabilities	-	-	73.54	58.34	53.6
Total Liabilities	-	4,476	3,954	3,259	2,645
Common Stock	-	462.53	461.72	461.22	461
Additional Paid-In Capital	-	5,441	5,178	4,942	4,748
Retained Earnings	-	5,533	4,294	3,310	2,515
Treasury Stock	-	-100.03	-	-	-
Comprehensive Income & Other	-	19.66	15.46	11.4	-4.21
Total Common Equity	12,129	11,356	9,949	8,724	7,720
Minority Interest	-	81.01	70.81	74.09	60.69
Shareholders' Equity	12,129	11,437	10,020	8,798	7,780
Total Liabilities & Equity	-	15,913	13,974	12,058	10,426
Total Debt	34.73	43.79	78.41	135.27	114.51
Net Cash (Debt)	2,302	5,406	9,374	9,035	8,081
Net Cash Growth	-57.42%	-42.34%	3.75%	11.80%	5.93%
Net Cash Per Share	4.97	11.70	20.27	19.57	17.54
Filing Date Shares Outstanding	463.18	461.9	461.72	461.22	461
Total Common Shares Outstanding	463.18	461.9	461.72	461.22	461
Working Capital	-	2,642	6,993	7,025	6,426
Book Value Per Share	26.14	24.58	21.55	18.92	16.75
Tangible Book Value	11,868	11,092	9,677	8,437	7,417
Tangible Book Value Per Share	25.58	24.01	20.96	18.29	16.09
Buildings	-	243.13	-	-	-
Machinery	-	312.58	290.12	259.38	217.58
Construction In Progress	-	134.96	248.06	120.65	-

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