SHA:688208 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	2.41	1.94	1,491	1,446	881.02
Short-Term Investments	1,546	1,672	-	-	-
Trading Asset Securities	-	-	-	-	73.16
Cash & Short-Term Investments	1,548	1,674	1,491	1,446	954.18
Cash Growth	-7.51%	12.26%	3.15%	51.51%	-43.22%
Accounts Receivable	1,141	871.68	710.77	691.18	468.28
Other Receivables	46.27	63.39	71.12	42.36	84.13
Receivables	1,187	935.07	781.89	733.54	552.4
Inventory	1,668	1,151	1,119	1,142	967.2
Prepaid Expenses	-	-	64.53	4.58	4.18
Other Current Assets	551.52	484.6	246.05	222.37	198.81
Total Current Assets	4,955	4,245	3,702	3,548	2,677
Property, Plant & Equipment	1,467	1,298	1,302	1,205	1,089
Long-Term Investments	5.41	53.89	23.61	45.45	29.78
Other Intangible Assets	177.42	128.94	132.77	96.22	46.5
Long-Term Deferred Tax Assets	257.54	321.97	291.74	248.81	229.66
Long-Term Deferred Charges	77.71	55.73	101.93	75.58	71.37
Other Long-Term Assets	318.55	204.53	22.84	15.01	58.25
Total Assets	7,259	6,308	5,577	5,234	4,201
Accounts Payable	555.99	464.62	199.9	190.66	330.51
Accrued Expenses	420.02	345.25	212.04	156.37	147.04
Short-Term Debt	-	-	-	150.14	454.85
Current Portion of Long-Term Debt	8.8	-	-	-	-
Current Portion of Leases	53.93	27.42	23.97	23.17	14.28
Current Income Taxes Payable	39.44	48.33	29.84	10.43	6.81
Current Unearned Revenue	477.39	382.67	313.13	272.82	225.57
Other Current Liabilities	70.98	68.28	209.28	54.12	50.28
Total Current Liabilities	1,627	1,337	988.16	857.71	1,229
Long-Term Debt	1,205	1,176	1,135	1,092	-
Long-Term Leases	201.82	25.12	43.29	34.95	13.42
Long-Term Unearned Revenue	453.2	244.82	128.59	116.52	66.01
Long-Term Deferred Tax Liabilities	75.69	75.69	75.69	75.69	-
Other Long-Term Liabilities	7.17	26.83	48.68	29.36	33.78
Total Liabilities	3,569	2,885	2,419	2,206	1,343
Common Stock	670.18	451.88	451.88	451.87	450.95
Additional Paid-In Capital	1,170	1,381	1,297	1,292	1,284
Retained Earnings	1,994	1,664	1,375	1,196	1,139
Treasury Stock	-89.18	-142.93	-100.28	-100.28	-
Comprehensive Income & Other	125.43	204.38	191.43	206.3	-15.5
Total Common Equity	3,870	3,558	3,216	3,046	2,859
Minority Interest	-180.01	-135.03	-58.05	-18.5	-
Shareholders' Equity	3,690	3,423	3,157	3,028	2,859
Total Liabilities & Equity	7,259	6,308	5,577	5,234	4,201
Total Debt	1,469	1,228	1,202	1,300	482.54
Net Cash (Debt)	79.18	445.6	288.88	145.61	471.64
Net Cash Growth	-82.23%	54.25%	98.40%	-69.13%	-71.83%
Net Cash Per Share	0.11	0.66	0.43	0.22	0.69
Filing Date Shares Outstanding	666.59	661.88	665.87	665.86	671.91
Total Common Shares Outstanding	666.59	661.88	665.87	665.86	671.91
Working Capital	3,329	2,908	2,714	2,690	1,447
Book Value Per Share	5.81	5.38	4.83	4.29	4.25
Tangible Book Value	3,693	3,429	3,083	2,950	2,812
Tangible Book Value Per Share	5.54	5.18	4.63	4.14	4.19
Buildings	1,142	1,147	1,143	1,027	970.82
Machinery	539.52	456.23	357.3	284.88	199.09
Construction In Progress	-	0.06	1.64	19.39	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.