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	6,074	5,156	7,301	7,625	883.9
Trading Asset Securities	160.48	226.42	416.05	1,237	374.01
Cash & Short-Term Investments	6,234	5,382	7,718	8,861	1,258
Cash Growth	15.84%	-30.26%	-12.91%	604.46%	-41.97%
Accounts Receivable	939.19	1,013	636.51	758.88	482.46
Other Receivables	26.43	14.39	52.38	44.52	15.11
Receivables	965.61	1,027	688.89	803.39	497.58
Inventory	1,966	1,542	1,449	823.11	677.92
Other Current Assets	1,178	1,119	652.13	254.57	272.67
Total Current Assets	10,344	9,070	10,508	10,743	2,706
Property, Plant & Equipment	19,513	15,702	11,479	7,729	5,747
Long-Term Investments	1,504	2,276	4,451	4,747	6,105
Goodwill	418.82	789.08	1,117	1,079	1,061
Other Intangible Assets	656.34	554.7	565.96	408.54	326.36
Long-Term Accounts Receivable	79.89	94.64	70.47	77.57	89.55
Long-Term Deferred Tax Assets	87.68	31.57	2.68	1.17	9.21
Long-Term Deferred Charges	1.05	3.44	7.19	6.88	11.41
Other Long-Term Assets	1,181	748.98	830	671.16	200.91
Total Assets	33,787	29,270	29,032	25,463	16,257
Accounts Payable	689.12	573.92	320.71	313.08	234.07
Accrued Expenses	408.32	306.49	238.32	301.62	196.17
Short-Term Debt	2,266	520.76	324.89	96.98	296.55
Current Portion of Long-Term Debt	1,894	1,059	772.5	268.92	234.13
Current Portion of Leases	27.41	23.92	24.41	25.3	29.5
Current Income Taxes Payable	1.75	5.69	3.17	9.83	1.35
Current Unearned Revenue	6.78	92.95	221.15	183.53	67.31
Other Current Liabilities	1,469	1,221	989.17	694.08	376.45
Total Current Liabilities	6,763	3,803	2,894	1,893	1,436
Long-Term Debt	5,506	4,793	3,976	2,293	2,479
Long-Term Leases	95.12	58.88	69.95	85.63	99.35
Long-Term Unearned Revenue	1,158	1,271	1,430	1,499	1,628
Long-Term Deferred Tax Liabilities	91.03	127.18	152.15	142.19	118.01
Other Long-Term Liabilities	14.66	15.01	3.75	3.41	2.98
Total Liabilities	13,627	10,068	8,526	5,916	5,762
Common Stock	3,305	2,747	2,747	2,732	2,480
Additional Paid-In Capital	13,306	7,029	7,024	6,961	2,215
Retained Earnings	-222.49	1,285	1,715	732.77	407.74
Comprehensive Income & Other	536.39	1,238	3,629	3,865	5,319
Total Common Equity	16,925	12,299	15,114	14,291	10,422
Minority Interest	3,235	6,902	5,391	5,255	72.31
Shareholders' Equity	20,159	19,201	20,505	19,546	10,494
Total Liabilities & Equity	33,787	29,270	29,032	25,463	16,257
Total Debt	9,788	6,455	5,168	2,770	3,138
Net Cash (Debt)	-3,553	-1,073	2,550	6,092	-1,881
Net Cash Growth	-	-	-58.15%	-	-
Net Cash Per Share	-1.27	-0.39	0.93	2.23	-0.75
Filing Date Shares Outstanding	3,305	2,747	2,747	2,732	2,480
Total Common Shares Outstanding	3,305	2,747	2,747	2,732	2,480
Working Capital	3,582	5,267	7,613	8,849	1,271
Book Value Per Share	5.12	4.48	5.50	5.23	4.20
Tangible Book Value	15,850	10,955	13,431	12,804	9,035
Tangible Book Value Per Share	4.80	3.99	4.89	4.69	3.64
Land	36.76	24.75	24.8	-	-
Buildings	3,012	1,068	1,009	854.64	793.85
Machinery	15,556	11,366	8,382	6,382	4,446
Construction In Progress	5,328	6,377	4,350	2,078	1,517

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