SHA:688111 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	Sep '26 Sep 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	910.44	694.05	897.94	3,478	7,015	1,254
Short-Term Investments	5,785	7,977	3,167	3,404	962.98	-
Trading Asset Securities	693.93	1,717	1,384	2,571	1,192	6,942
Cash & Short-Term Investments	7,389	10,388	5,449	9,453	9,171	8,196
Cash Growth	216.28%	90.63%	-42.35%	3.08%	11.89%	7.43%
Accounts Receivable	785.06	641	510.14	570.65	502.39	417.49
Other Receivables	388.1	71.48	63.25	41.67	27.09	36.23
Receivables	1,173	712.95	573.79	612.9	529.48	453.72
Inventory	0.4	0.52	0.8	1.41	1.16	2.3
Other Current Assets	5,585	104.73	80.78	79.89	74.15	42.35
Total Current Assets	14,148	11,206	6,105	10,147	9,775	8,694
Property, Plant & Equipment	494.6	491.13	475.02	387.94	310.12	187.72
Long-Term Investments	2,738	6,070	8,927	3,033	1,589	1,162
Goodwill	184.67	184.67	184.67	184.67	184.67	184.67
Other Intangible Assets	61.76	73.14	79.35	87.03	102.29	117.98
Long-Term Deferred Tax Assets	34.1	37.63	34.98	40.73	21.13	19.05
Long-Term Deferred Charges	34.71	36.93	49.43	46.22	28.06	12.52
Other Long-Term Assets	2,802	38.62	40.47	31.28	33.75	40.53
Total Assets	20,498	18,156	15,913	13,974	12,058	10,426

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	500.03	8.21	7.19	20.91	38.78	7.71
Accrued Expenses	351.62	1,070	911.42	901.46	713.59	617.97
Current Portion of Leases	30.65	21.66	26.59	36.73	65.85	39.8
Current Income Taxes Payable	102.36	23.67	22.25	28.59	12.92	25.17
Current Unearned Revenue	2,785	2,599	2,136	1,892	1,731	1,421
Other Current Liabilities	152.41	218.83	359.35	274.22	187.83	156.18
Total Current Liabilities	3,923	3,942	3,462	3,154	2,750	2,268
Long-Term Leases	22.02	15.09	17.2	41.67	69.42	74.72
Long-Term Unearned Revenue	1,201	1,260	945.74	642.45	354.51	233.55
Long-Term Deferred Tax Liabilities	206.17	86.19	51.05	42.97	26.79	15.88
Other Long-Term Liabilities	-	-	-	73.54	58.34	53.6
Total Liabilities	5,351	5,302	4,476	3,954	3,259	2,645

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	464.01	463.18	462.53	461.72	461.22	461
Additional Paid-In Capital	5,785	5,473	5,441	5,178	4,942	4,748
Retained Earnings	9,013	6,956	5,533	4,294	3,310	2,515
Treasury Stock	-104.99	-44.02	-100.03	-	-	-
Comprehensive Income & Other	-9.98	4.98	19.66	15.46	11.4	-4.21
Total Common Equity	15,147	12,853	11,356	9,949	8,724	7,720
Minority Interest	-	-	81.01	70.81	74.09	60.69
Shareholders' Equity	15,147	12,853	11,437	10,020	8,798	7,780
Total Liabilities & Equity	20,498	18,156	15,913	13,974	12,058	10,426

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	52.67	36.75	43.79	78.41	135.27	114.51
Net Cash (Debt)	7,337	10,351	5,406	9,374	9,035	8,081
Net Cash Growth	218.76%	91.49%	-42.34%	3.75%	11.80%	5.93%
Net Cash Per Share	15.77	22.32	11.70	20.27	19.57	17.54
Filing Date Shares Outstanding	464.77	463.18	461.9	461.72	461.22	461
Total Common Shares Outstanding	464.77	463.18	461.9	461.72	461.22	461
Working Capital	10,226	7,265	2,642	6,993	7,025	6,426
Book Value Per Share	32.59	27.75	24.58	21.55	18.92	16.75
Tangible Book Value	14,901	12,596	11,092	9,677	8,437	7,417
Tangible Book Value Per Share	32.06	27.19	24.01	20.96	18.29	16.09
Buildings	-	401.08	243.13	-	-	-
Machinery	-	357.21	312.58	290.12	259.38	217.58
Construction In Progress	-	-	134.96	248.06	120.65	-