SHA:688161 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	1,336	1,373	1,723	1,860	2,717	2,560
Short-Term Investments	-	1,614	1,326	1,219	1,195	1,091
Trading Asset Securities	325.88	306.15	90.54	-	-	10
Cash & Short-Term Investments	1,662	3,294	3,140	3,080	3,912	3,660
Cash Growth	-11.06%	4.89%	1.95%	-21.27%	6.88%	128.57%
Accounts Receivable	364.32	352.84	295.74	361.99	620.13	427.29
Other Receivables	4.41	3.16	14.05	2.2	2.89	1.57
Receivables	368.73	356	309.79	364.18	623.02	428.86
Inventory	625.43	589.3	686.59	753.78	666.62	564.9
Other Current Assets	1,684	69.6	54.72	66.15	47.46	44.89
Total Current Assets	4,340	4,308	4,191	4,264	5,249	4,699
Property, Plant & Equipment	409.81	422.94	433.16	471.22	441.56	417.46
Long-Term Investments	25.05	24.2	-	-	-	-
Goodwill	96.84	34.36	34.47	34.71	-	-
Other Intangible Assets	132.94	90.35	99.74	113.78	100.56	100.05
Long-Term Deferred Tax Assets	71.24	69.67	79.8	81.86	64.93	64.46
Long-Term Deferred Charges	99.69	97.41	75.44	100.01	96.68	92.77
Other Long-Term Assets	15.12	13.7	34.42	31.05	63	29.66
Total Assets	5,191	5,061	4,948	5,097	6,016	5,403
Accounts Payable	321.9	176.47	179.45	194.59	159.68	349.19
Accrued Expenses	142.2	257.97	217.46	277.59	426.81	134.47
Current Portion of Leases	-	9.04	4.89	4.72	4.49	4.88
Current Income Taxes Payable	-	14.48	17.83	6.9	34.31	35.06
Current Unearned Revenue	48.2	34.81	36.61	91.98	46.11	28.09
Other Current Liabilities	393.47	370.54	402.21	510.74	217.49	181.93
Total Current Liabilities	911.93	863.31	858.44	1,087	888.89	733.63
Long-Term Leases	7.63	8.56	1.54	5.88	9.53	12.37
Long-Term Unearned Revenue	30.05	28.47	27.53	28.89	30.53	38.05
Long-Term Deferred Tax Liabilities	12.12	1.33	10.91	13.03	10.64	11.08
Other Long-Term Liabilities	-	-	86.36	88.14	70.05	70.51
Total Liabilities	961.73	901.67	984.79	1,222	1,010	865.64
Common Stock	400	400	400	400	400	400
Additional Paid-In Capital	1,354	1,347	1,318	1,318	2,367	2,349
Retained Earnings	2,521	2,477	2,316	2,188	2,239	1,783
Treasury Stock	-80.01	-80.01	-80.01	-36.53	-	-
Total Common Equity	4,195	4,145	3,954	3,869	5,006	4,532
Minority Interest	33.59	14.89	9.73	5.2	0.15	6.09
Shareholders' Equity	4,229	4,159	3,963	3,874	5,006	4,538
Total Liabilities & Equity	5,191	5,061	4,948	5,097	6,016	5,403
Total Debt	13.79	17.6	6.43	10.6	14.02	17.25
Net Cash (Debt)	1,648	3,276	3,133	3,069	3,898	3,643
Net Cash Growth	-11.56%	4.55%	2.09%	-21.26%	7.00%	127.49%
Net Cash Per Share	4.10	8.17	7.84	7.65	9.73	9.60
Filing Date Shares Outstanding	402.09	397.29	397.29	399.08	400	400
Total Common Shares Outstanding	402.09	397.29	397.29	399.08	400	400
Working Capital	3,428	3,445	3,333	3,177	4,360	3,965
Book Value Per Share	10.43	10.43	9.95	9.69	12.51	11.33
Tangible Book Value	3,966	4,020	3,819	3,720	4,905	4,431
Tangible Book Value Per Share	9.86	10.12	9.61	9.32	12.26	11.08
Buildings	-	313.47	313.47	318.41	254.32	254.32
Machinery	-	593.13	597.59	584.24	564.87	488.23
Construction In Progress	-	18.51	-	-	-	-

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