SHA:688172 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	-	9,409	5,316	9,029	6,664
Short-Term Investments	-	103.3	-	-	-
Trading Asset Securities	-	250.34	2,003	-	-
Cash & Short-Term Investments	8,155	9,763	7,318	9,029	6,664
Cash Growth	-16.47%	33.40%	-18.95%	35.49%	250.59%
Accounts Receivable	-	1,739	1,715	1,283	1,063
Other Receivables	-	354.03	146.41	58.69	193.66
Receivables	-	2,093	1,861	1,342	1,256
Inventory	-	881.03	848.47	981.35	755.12
Other Current Assets	-	37.72	49.83	64.5	26.54
Total Current Assets	-	12,774	10,078	11,417	8,702
Property, Plant & Equipment	-	9,988	7,250	5,457	3,726
Long-Term Investments	-	225.6	319.34	110.02	52.67
Other Intangible Assets	-	556.78	192.75	200.71	209.09
Long-Term Deferred Tax Assets	-	257.34	135.55	87.79	67.05
Long-Term Deferred Charges	-	0.27	0.18	0.5	0.78
Other Long-Term Assets	-	258.26	508.51	552.4	314.85
Total Assets	-	24,060	18,484	17,825	13,073
Accounts Payable	-	2,747	608.32	479.02	571.85
Accrued Expenses	-	186.28	142.45	125.77	83.89
Short-Term Debt	-	168.77	190.01	105.12	61.52
Current Portion of Long-Term Debt	-	217.05	117.84	0.59	1.2
Current Portion of Leases	-	1.9	0.65	-	-
Current Income Taxes Payable	-	12.95	5.44	2.43	9.06
Current Unearned Revenue	-	5.01	16	65.91	53.29
Other Current Liabilities	-	797.83	827.9	743.86	281.66
Total Current Liabilities	-	4,137	1,909	1,523	1,062
Long-Term Debt	-	749.44	890.8	1,096	1,060
Long-Term Leases	-	7.01	1.01	-	-
Long-Term Unearned Revenue	-	793.63	609.46	593.71	537.45
Long-Term Deferred Tax Liabilities	-	77.84	66.59	56.13	31.26
Other Long-Term Liabilities	-	0.53	0.52	31.84	78.78
Total Liabilities	-	5,765	3,477	3,301	2,770
Common Stock	-	1,203	1,199	1,199	1,019
Additional Paid-In Capital	-	12,192	12,152	12,093	8,517
Retained Earnings	-	1,282	1,508	1,056	594
Comprehensive Income & Other	-	0.89	0.01	0.16	-0.01
Total Common Equity	18,679	14,678	14,859	14,349	10,130
Minority Interest	-	3,617	148.31	175.25	173
Shareholders' Equity	25,932	18,295	15,007	14,524	10,303
Total Liabilities & Equity	-	24,060	18,484	17,825	13,073
Total Debt	1,110	1,144	1,200	1,202	1,123
Net Cash (Debt)	7,045	8,619	6,118	7,827	5,541
Net Cash Growth	-18.26%	40.87%	-21.83%	41.25%	337.74%
Net Cash Per Share	5.39	7.26	5.14	7.62	7.85
Filing Date Shares Outstanding	1,204	1,203	1,199	1,199	1,019
Total Common Shares Outstanding	1,204	1,203	1,199	1,199	1,019
Working Capital	-	8,638	8,169	9,894	7,639
Book Value Per Share	10.99	12.20	12.39	11.97	9.94
Tangible Book Value	18,127	14,121	14,666	14,148	9,921
Tangible Book Value Per Share	10.66	11.74	12.23	11.80	9.73
Buildings	-	825.28	822.94	823.07	843.99
Machinery	-	6,670	3,847	3,524	2,799
Construction In Progress	-	4,228	3,917	2,134	856.38

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