SHA:688169 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	1,678	2,319	1,464	892.97	1,804	1,321
Short-Term Investments	-	2,268	1,378	806.86	477.16	30.23
Trading Asset Securities	6,051	5,467	4,991	5,024	3,795	4,052
Cash & Short-Term Investments	7,729	10,054	7,833	6,724	6,077	5,404
Cash Growth	-8.69%	28.35%	16.49%	10.65%	12.46%	1.55%
Accounts Receivable	916.33	1,118	1,038	274.69	327.51	129.5
Other Receivables	369.63	420.79	868.5	693.06	60.9	220.91
Receivables	1,286	1,539	1,907	967.75	388.41	350.41
Inventory	3,219	2,655	1,490	928.19	693.65	595.62
Other Current Assets	2,890	830.05	522.76	276.7	126.46	170.54
Total Current Assets	15,124	15,078	11,752	8,897	7,286	6,520
Property, Plant & Equipment	1,630	1,649	1,558	1,415	1,400	1,272
Long-Term Investments	440.96	2,288	3,764	3,795	2,035	1,262
Other Intangible Assets	19.24	20.02	22.43	18.45	6.52	5.74
Long-Term Deferred Tax Assets	557.61	463.29	247.26	134.78	52.23	42.39
Long-Term Deferred Charges	36.21	36.96	25.25	28.84	7.5	10.64
Other Long-Term Assets	1,785	133.91	114.78	87.94	46.23	694.55
Total Assets	19,593	19,669	17,485	14,377	10,833	9,807
Accounts Payable	2,773	2,375	2,462	1,311	589.57	686.62
Accrued Expenses	161.3	1,443	962.89	495.77	357.04	409.39
Short-Term Debt	723	900	-	-	-	-
Current Portion of Leases	30.25	44.51	43.71	25.59	16.82	7.6
Current Income Taxes Payable	331.51	178.04	137.45	264.84	88.36	58.86
Current Unearned Revenue	181.9	106.86	200.45	85.12	65.24	84.89
Other Current Liabilities	908.14	425.44	621.29	697.17	87.09	50.73
Total Current Liabilities	5,109	5,473	4,427	2,879	1,204	1,298
Long-Term Leases	139.06	130.59	154.02	109.66	69.03	8.95
Long-Term Unearned Revenue	11.45	18.47	10.69	3.96	2	2.5
Long-Term Deferred Tax Liabilities	39.15	35.73	22.47	2.45	0.53	5.3
Total Liabilities	5,299	5,658	4,615	2,995	1,276	1,315
Common Stock	259.11	259.11	184.72	131.48	93.69	66.81
Additional Paid-In Capital	5,179	5,168	5,219	5,162	5,096	5,058
Retained Earnings	9,085	8,762	7,596	6,234	4,423	3,380
Treasury Stock	-211.81	-185.68	-147.36	-150.79	-61.07	-
Comprehensive Income & Other	-18.47	6.96	16.07	3.71	4.51	-13.21
Total Common Equity	14,293	14,011	12,869	11,381	9,556	8,492
Minority Interest	0.94	0.94	0.96	0.98	0.99	1
Shareholders' Equity	14,294	14,012	12,870	11,382	9,557	8,493
Total Liabilities & Equity	19,593	19,669	17,485	14,377	10,833	9,807
Total Debt	892.31	1,075	197.73	135.25	85.85	16.55
Net Cash (Debt)	6,837	8,979	7,635	6,589	5,991	5,387
Net Cash Growth	-14.30%	17.60%	15.88%	9.98%	11.21%	1.24%
Net Cash Per Share	26.44	34.77	29.59	25.54	23.27	20.90
Filing Date Shares Outstanding	258.56	258.88	258.59	257.5	256.81	256.64
Total Common Shares Outstanding	258.56	258.88	258.59	257.5	256.81	256.64
Working Capital	10,015	9,605	7,325	6,018	6,081	5,222
Book Value Per Share	55.28	54.12	49.77	44.20	37.21	33.09
Tangible Book Value	14,274	13,991	12,847	11,362	9,550	8,486
Tangible Book Value Per Share	55.21	54.04	49.68	44.12	37.19	33.06
Buildings	-	1,157	1,156	1,151	1,151	-
Machinery	-	950.76	641.39	445.19	384.74	232.36
Construction In Progress	-	-	-	-	-	1,147

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