SHA:688139 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	973.45	843.83	901.23	1,269	951.78	774.39
Trading Asset Securities	505.41	447.59	877.25	651.14	2,024	2,130
Cash & Short-Term Investments	1,479	1,291	1,778	1,920	2,975	2,904
Cash Growth	-14.32%	-27.39%	-7.39%	-35.46%	2.45%	28.69%
Accounts Receivable	538.91	445.28	352.76	208.35	192.17	136.29
Other Receivables	8.02	8.05	8.56	7.47	3.99	32
Receivables	546.93	453.33	361.32	215.82	196.16	168.29
Inventory	337.11	345.47	334.74	248.02	270.55	345.75
Prepaid Expenses	-	-	0.14	2.56	1.21	0.41
Other Current Assets	378.49	568.62	177.77	149.21	45.19	38.23
Total Current Assets	2,741	2,659	2,652	2,536	3,489	3,457
Property, Plant & Equipment	938.84	923.01	915.18	862.22	802.08	464.13
Long-Term Investments	258.97	981.39	972.71	1,030	371.85	358.34
Goodwill	757.85	758.24	757.87	642.68	451.3	323.45
Other Intangible Assets	349.9	360.5	402.3	367.73	312.35	241.62
Long-Term Deferred Tax Assets	94.02	89.67	66.01	51.67	30.52	35.43
Long-Term Deferred Charges	5.08	5.6	6.72	5.69	5.46	0.5
Other Long-Term Assets	709.65	14.25	14.24	29.18	26.91	19.53
Total Assets	5,856	5,792	5,787	5,526	5,489	4,900
Accounts Payable	460	429.38	427.6	390.98	485.06	431.57
Accrued Expenses	63.37	242.19	228.65	235.15	245.6	196.05
Short-Term Debt	10	10.01	10.01	6.01	10.01	-
Current Portion of Long-Term Debt	80.49	10	-	-	-	-
Current Portion of Leases	-	5.01	5.76	3.42	5.48	1.65
Current Income Taxes Payable	24.49	23.66	35.21	35.8	28.68	48.01
Current Unearned Revenue	122.88	170.92	151.98	111.81	232.84	362.05
Other Current Liabilities	307.25	194.33	163.2	158.51	176.81	104.17
Total Current Liabilities	1,068	1,085	1,022	941.66	1,184	1,144
Long-Term Leases	4.64	4.54	7.43	8.69	10.67	4.32
Long-Term Unearned Revenue	29.95	26.08	23.17	28.62	32.88	32.18
Long-Term Deferred Tax Liabilities	44.25	45.89	52.51	46.99	43.59	25.9
Other Long-Term Liabilities	6.31	6.31	63.81	59.75	69.03	55.18
Total Liabilities	1,154	1,168	1,169	1,086	1,341	1,261
Common Stock	316.49	317.95	317.95	317.95	317.95	317.07
Additional Paid-In Capital	1,878	1,976	1,977	1,987	1,995	1,913
Retained Earnings	2,402	2,323	2,219	2,015	1,751	1,309
Treasury Stock	-150.04	-248.68	-140.2	-99.74	-98.07	-
Comprehensive Income & Other	7.45	7.46	-2.69	10.37	53.89	84.34
Total Common Equity	4,454	4,376	4,372	4,231	4,021	3,623
Minority Interest	248.03	247.5	246.59	209.25	127.71	15.95
Shareholders' Equity	4,702	4,623	4,618	4,440	4,148	3,639
Total Liabilities & Equity	5,856	5,792	5,787	5,526	5,489	4,900
Total Debt	95.13	29.55	23.2	18.11	26.15	5.97
Net Cash (Debt)	1,384	1,262	1,755	1,902	2,949	2,898
Net Cash Growth	-18.55%	-28.11%	-7.73%	-35.50%	1.76%	29.86%
Net Cash Per Share	4.41	4.03	5.55	6.00	9.28	9.12
Filing Date Shares Outstanding	317.84	311.71	314.48	315.68	316.49	317.07
Total Common Shares Outstanding	317.84	311.75	314.48	316.47	316.49	317.07
Working Capital	1,673	1,573	1,630	1,594	2,304	2,313
Book Value Per Share	14.01	14.04	13.90	13.37	12.70	11.43
Tangible Book Value	3,346	3,257	3,211	3,220	3,257	3,058
Tangible Book Value Per Share	10.53	10.45	10.21	10.18	10.29	9.64
Buildings	-	785.74	696.63	649.88	257.73	243.72
Machinery	-	359.68	333.52	284.75	240.79	151.04
Construction In Progress	-	54.97	95.03	70.33	389.34	130.96

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