SHA:688122 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	-	1,513	1,482	2,113	2,597
Trading Asset Securities	-	862.14	1,184	1,174	100
Cash & Short-Term Investments	2,030	2,375	2,667	3,287	2,697
Cash Growth	-14.53%	-10.93%	-18.87%	21.84%	242.72%
Accounts Receivable	-	4,222	3,344	3,441	2,715
Other Receivables	-	88.36	92.6	19.74	47.28
Receivables	-	4,310	3,437	3,461	2,762
Inventory	-	3,860	3,342	2,380	1,599
Prepaid Expenses	-	1.99	3.21	1.45	0.3
Other Current Assets	-	53.03	44.3	36.79	37.52
Total Current Assets	-	10,600	9,493	9,166	7,096
Property, Plant & Equipment	-	2,297	1,946	1,380	1,196
Long-Term Investments	-	210.14	206.75	165.11	149.24
Other Intangible Assets	-	327.7	291.38	179.37	171.37
Long-Term Deferred Tax Assets	-	135.69	101.33	95.11	81.77
Long-Term Deferred Charges	-	-	-	-	17.61
Other Long-Term Assets	-	38.91	45.57	320.83	46.05
Total Assets	-	13,609	12,084	11,306	8,758
Accounts Payable	-	2,134	1,524	1,513	848.49
Accrued Expenses	-	658.74	467.33	375.69	311.18
Short-Term Debt	-	778.59	727.65	981.89	1,001
Current Portion of Long-Term Debt	-	966.98	435.92	276.58	38.02
Current Portion of Leases	-	2.52	3.46	1.66	-
Current Income Taxes Payable	-	89.16	22.45	3.95	35.89
Current Unearned Revenue	-	142.77	141.56	183.54	267.66
Other Current Liabilities	-	183.29	100.82	69.86	78.22
Total Current Liabilities	-	4,956	3,423	3,406	2,581
Long-Term Debt	-	905.29	1,553	1,178	445.66
Long-Term Leases	-	1.9	-	1.71	-
Long-Term Unearned Revenue	-	475.72	354.91	342.22	288.21
Long-Term Deferred Tax Liabilities	-	3.32	16.28	17.08	-
Other Long-Term Liabilities	-	0.68	-	-	-
Total Liabilities	-	6,342	5,348	4,945	3,315
Common Stock	-	649.66	649.66	464.05	464.05
Additional Paid-In Capital	-	3,647	3,577	3,731	3,718
Retained Earnings	-	2,359	2,078	1,789	1,173
Comprehensive Income & Other	-	28.1	20.4	12.13	5.58
Total Common Equity	6,915	6,684	6,325	5,996	5,361
Minority Interest	-	582.77	411.44	364.59	82.6
Shareholders' Equity	7,595	7,267	6,736	6,361	5,443
Total Liabilities & Equity	-	13,609	12,084	11,306	8,758
Total Debt	3,167	2,655	2,720	2,440	1,485
Net Cash (Debt)	-1,137	-280.28	-53.83	846.25	1,213
Net Cash Growth	-	-	-	-30.21%	-
Net Cash Per Share	-1.75	-0.43	-0.08	1.30	1.96
Filing Date Shares Outstanding	649.66	649.66	649.66	649.66	649.66
Total Common Shares Outstanding	649.66	649.66	649.66	649.66	649.66
Working Capital	-	5,644	6,070	5,760	4,515
Book Value Per Share	10.64	10.29	9.74	9.23	8.25
Tangible Book Value	6,596	6,356	6,033	5,817	5,189
Tangible Book Value Per Share	10.15	9.78	9.29	8.95	7.99
Buildings	-	776.9	465.1	396.44	387.83
Machinery	-	2,254	1,788	1,489	1,278
Construction In Progress	-	231.91	536.41	220.97	158.51

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