SHA:688200 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	1,938	2,066	2,090	2,027	1,969	1,439
Short-Term Investments	-	-	43.5	38.08	10	20
Trading Asset Securities	117.59	118.12	79.12	93.69	-	340.05
Cash & Short-Term Investments	2,055	2,185	2,212	2,159	1,979	1,799
Cash Growth	-3.85%	-1.25%	2.49%	9.07%	9.99%	0.19%
Accounts Receivable	710.86	744.07	518.39	328.29	429.51	351.86
Other Receivables	3.42	7.17	16.35	3.46	7.22	10.67
Receivables	714.28	751.25	534.74	331.75	436.73	362.52
Inventory	385.38	299.6	177.45	141.63	188.37	188.67
Prepaid Expenses	-	-	-	-	0.7	-
Other Current Assets	174.22	159.3	9.83	9.61	2.06	4.2
Total Current Assets	3,329	3,395	2,934	2,642	2,607	2,355
Property, Plant & Equipment	446.93	445.72	435.27	405.04	424.75	423.92
Long-Term Investments	457.38	363.91	390.59	374.63	293.51	88.88
Other Intangible Assets	58.49	55.24	27.19	28.55	28.38	25.22
Long-Term Deferred Tax Assets	47.38	33.83	17.54	15.69	16.55	20.95
Long-Term Deferred Charges	3.29	3.64	2	0.68	1.26	0.71
Other Long-Term Assets	222.6	203.73	1.21	0.69	0.06	0.31
Total Assets	4,565	4,501	3,808	3,467	3,371	2,915
Accounts Payable	71.01	82.75	54.26	22.09	62.07	63.2
Accrued Expenses	23.26	62.77	59.11	52.7	64.37	49.15
Current Portion of Long-Term Debt	6.99	6.89	-	-	-	-
Current Portion of Leases	-	-	4.07	2.33	2.29	1.23
Current Income Taxes Payable	24.19	46.77	14.33	0.83	20.16	25.88
Current Unearned Revenue	101.79	77.57	56.29	27.71	54.81	129.33
Other Current Liabilities	29.89	27.09	5.93	4.35	7.44	16.46
Total Current Liabilities	257.14	303.84	193.99	110.01	211.14	285.24
Long-Term Debt	-	-	0.25	-	-	-
Long-Term Leases	15.21	16.51	10.34	0.76	3.01	2.73
Long-Term Unearned Revenue	57.83	58.42	-	-	-	-
Long-Term Deferred Tax Liabilities	37.09	33.59	24.18	23.6	18.24	5.56
Other Long-Term Liabilities	-	-	9.04	-	0.01	-
Total Liabilities	367.26	412.36	237.8	134.37	232.41	293.54
Common Stock	135.53	135.53	135.44	135.37	91.07	61.33
Additional Paid-In Capital	1,861	1,845	1,815	1,801	1,800	1,771
Retained Earnings	2,070	1,976	1,525	1,278	1,153	758.17
Treasury Stock	-9.4	-9.91	-14.99	-	-	-
Comprehensive Income & Other	131.86	132.07	109.53	118.04	95.19	30.86
Total Common Equity	4,189	4,079	3,570	3,332	3,139	2,621
Minority Interest	9.16	9.75	-	-	-	-
Shareholders' Equity	4,198	4,088	3,570	3,332	3,139	2,621
Total Liabilities & Equity	4,565	4,501	3,808	3,467	3,371	2,915
Total Debt	22.2	23.4	14.66	3.09	5.3	3.96
Net Cash (Debt)	2,033	2,161	2,198	2,155	1,974	1,795
Net Cash Growth	-4.26%	-1.66%	1.95%	9.21%	9.94%	-0.03%
Net Cash Per Share	14.93	15.92	16.26	15.93	14.63	13.38
Filing Date Shares Outstanding	134.58	135.65	135.26	135.37	134.79	134.33
Total Common Shares Outstanding	134.58	135.65	135.26	135.37	134.79	134.33
Working Capital	3,072	3,091	2,740	2,532	2,396	2,069
Book Value Per Share	31.13	30.07	26.40	24.62	23.29	19.51
Tangible Book Value	4,130	4,023	3,543	3,304	3,111	2,596
Tangible Book Value Per Share	30.69	29.66	26.19	24.41	23.08	19.32
Buildings	-	-	437.71	413.29	418.48	418.02
Machinery	-	-	61.05	44.7	37.05	20.77

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