SHA:688126 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	5,789	6,074	5,156	7,301	7,625	883.9
Trading Asset Securities	349.14	160.48	226.42	416.05	1,237	374.01
Cash & Short-Term Investments	6,138	6,234	5,382	7,718	8,861	1,258
Cash Growth	28.68%	15.84%	-30.26%	-12.91%	604.46%	-41.97%
Accounts Receivable	1,098	939.19	1,013	636.51	758.88	482.46
Other Receivables	18.01	26.43	14.39	52.38	44.52	15.11
Receivables	1,116	965.61	1,027	688.89	803.39	497.58
Inventory	2,049	1,966	1,542	1,449	823.11	677.92
Other Current Assets	1,214	1,178	1,119	652.13	254.57	272.67
Total Current Assets	10,517	10,344	9,070	10,508	10,743	2,706
Property, Plant & Equipment	19,705	19,513	15,702	11,479	7,729	5,747
Long-Term Investments	1,954	1,504	2,276	4,451	4,747	6,105
Goodwill	404.97	418.82	789.08	1,117	1,079	1,061
Other Intangible Assets	732.93	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	132.07	87.68	31.57	2.68	1.17	9.21
Long-Term Deferred Charges	0.73	1.05	3.44	7.19	6.88	11.41
Other Long-Term Assets	1,366	1,181	748.98	830	671.16	200.91
Total Assets	34,812	33,787	29,270	29,032	25,463	16,257
Accounts Payable	937.68	689.12	573.92	320.71	313.08	234.07
Accrued Expenses	176.15	408.32	306.49	238.32	301.62	196.17
Short-Term Debt	1,191	2,266	520.76	324.89	96.98	296.55
Current Portion of Long-Term Debt	2,361	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	27.27	1.75	5.69	3.17	9.83	1.35
Current Unearned Revenue	8.68	6.78	92.95	221.15	183.53	67.31
Other Current Liabilities	2,814	1,469	1,221	989.17	694.08	376.45
Total Current Liabilities	7,515	6,763	3,803	2,894	1,893	1,436
Long-Term Debt	5,708	5,506	4,793	3,976	2,293	2,479
Long-Term Leases	94.53	95.12	58.88	69.95	85.63	99.35
Long-Term Unearned Revenue	1,266	1,158	1,271	1,430	1,499	1,628
Long-Term Deferred Tax Liabilities	86.8	91.03	127.18	152.15	142.19	118.01
Other Long-Term Liabilities	15.31	14.66	15.01	3.75	3.41	2.98
Total Liabilities	14,686	13,627	10,068	8,526	5,916	5,762
Common Stock	3,305	3,305	2,747	2,747	2,732	2,480
Additional Paid-In Capital	13,354	13,306	7,029	7,024	6,961	2,215
Retained Earnings	-705.58	-222.49	1,285	1,715	732.77	407.74
Comprehensive Income & Other	881.55	536.39	1,238	3,629	3,865	5,319
Total Common Equity	16,835	16,925	12,299	15,114	14,291	10,422
Minority Interest	3,292	3,235	6,902	5,391	5,255	72.31
Shareholders' Equity	20,127	20,159	19,201	20,505	19,546	10,494
Total Liabilities & Equity	34,812	33,787	29,270	29,032	25,463	16,257
Total Debt	9,354	9,788	6,455	5,168	2,770	3,138
Net Cash (Debt)	-3,217	-3,553	-1,073	2,550	6,092	-1,881
Net Cash Growth	-	-	-	-58.15%	-	-
Net Cash Per Share	-1.09	-1.27	-0.39	0.93	2.23	-0.75
Filing Date Shares Outstanding	3,305	3,305	2,747	2,747	2,732	2,480
Total Common Shares Outstanding	3,305	3,305	2,747	2,747	2,732	2,480
Working Capital	3,002	3,582	5,267	7,613	8,849	1,271
Book Value Per Share	5.09	5.12	4.48	5.50	5.23	4.20
Tangible Book Value	15,697	15,850	10,955	13,431	12,804	9,035
Tangible Book Value Per Share	4.75	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.