SHA:688126 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	-	5,156	7,301	7,625	883.9
Trading Asset Securities	-	226.42	416.05	1,237	374.01
Cash & Short-Term Investments	5,017	5,382	7,718	8,861	1,258
Cash Growth	-6.77%	-30.26%	-12.91%	604.46%	-41.97%
Accounts Receivable	-	1,013	636.51	758.88	482.46
Other Receivables	-	14.39	52.38	44.52	15.11
Receivables	-	1,027	688.89	803.39	497.58
Inventory	-	1,542	1,449	823.11	677.92
Other Current Assets	-	1,119	652.13	254.57	272.67
Total Current Assets	-	9,070	10,508	10,743	2,706
Property, Plant & Equipment	-	15,702	11,479	7,729	5,747
Long-Term Investments	-	2,276	4,451	4,747	6,105
Goodwill	-	789.08	1,117	1,079	1,061
Other Intangible Assets	-	554.7	565.96	408.54	326.36
Long-Term Accounts Receivable	-	94.64	70.47	77.57	89.55
Long-Term Deferred Tax Assets	-	31.57	2.68	1.17	9.21
Long-Term Deferred Charges	-	3.44	7.19	6.88	11.41
Other Long-Term Assets	-	748.98	830	671.16	200.91
Total Assets	-	29,270	29,032	25,463	16,257
Accounts Payable	-	573.92	320.71	313.08	234.07
Accrued Expenses	-	306.49	238.32	301.62	196.17
Short-Term Debt	-	520.76	324.89	96.98	296.55
Current Portion of Long-Term Debt	-	1,059	772.5	268.92	234.13
Current Portion of Leases	-	23.92	24.41	25.3	29.5
Current Income Taxes Payable	-	5.69	3.17	9.83	1.35
Current Unearned Revenue	-	92.95	221.15	183.53	67.31
Other Current Liabilities	-	1,221	989.17	694.08	376.45
Total Current Liabilities	-	3,803	2,894	1,893	1,436
Long-Term Debt	-	4,793	3,976	2,293	2,479
Long-Term Leases	-	58.88	69.95	85.63	99.35
Long-Term Unearned Revenue	-	1,271	1,430	1,499	1,628
Long-Term Deferred Tax Liabilities	-	127.18	152.15	142.19	118.01
Other Long-Term Liabilities	-	15.01	3.75	3.41	2.98
Total Liabilities	-	10,068	8,526	5,916	5,762
Common Stock	-	2,747	2,747	2,732	2,480
Additional Paid-In Capital	-	7,029	7,024	6,961	2,215
Retained Earnings	-	1,285	1,715	732.77	407.74
Comprehensive Income & Other	-	1,238	3,629	3,865	5,319
Total Common Equity	11,285	12,299	15,114	14,291	10,422
Minority Interest	-	6,902	5,391	5,255	72.31
Shareholders' Equity	18,557	19,201	20,505	19,546	10,494
Total Liabilities & Equity	-	29,270	29,032	25,463	16,257
Total Debt	8,883	6,455	5,168	2,770	3,138
Net Cash (Debt)	-3,865	-1,073	2,550	6,092	-1,881
Net Cash Growth	-	-	-58.15%	-	-
Net Cash Per Share	-1.38	-0.39	0.93	2.23	-0.75
Filing Date Shares Outstanding	2,946	2,747	2,747	2,732	2,480
Total Common Shares Outstanding	2,747	2,747	2,747	2,732	2,480
Working Capital	-	5,267	7,613	8,849	1,271
Book Value Per Share	4.11	4.48	5.50	5.23	4.20
Tangible Book Value	9,905	10,955	13,431	12,804	9,035
Tangible Book Value Per Share	3.61	3.99	4.89	4.69	3.64
Land	-	24.75	24.8	-	-
Buildings	-	1,068	1,009	854.64	793.85
Machinery	-	11,366	8,382	6,382	4,446
Construction In Progress	-	6,377	4,350	2,078	1,517

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.