SHA:688213 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	1,859	1,885	1,226	717.58	793.42	749.61
Trading Asset Securities	-	-	-	43.43	-	-
Cash & Short-Term Investments	1,859	1,885	1,226	761.01	793.42	749.61
Cash Growth	74.08%	53.74%	61.08%	-4.08%	5.85%	-59.12%
Accounts Receivable	1,729	2,045	609.29	1,026	874.82	383.98
Other Receivables	14.43	0.69	3.41	3.36	3.31	8.75
Receivables	1,744	2,045	612.69	1,029	878.12	392.72
Inventory	4,011	4,059	3,618	2,276	2,932	1,252
Other Current Assets	557.74	640.42	503.31	580.17	409.27	525.74
Total Current Assets	8,171	8,629	5,960	4,646	5,013	2,920
Property, Plant & Equipment	1,532	1,536	1,218	864.29	727.87	743.73
Long-Term Investments	14.85	23.75	22.95	22.05	19.24	17.34
Other Intangible Assets	219.42	226.42	246.72	224.04	30.35	36.76
Long-Term Deferred Tax Assets	109.55	128.39	120.35	123.63	86.65	24.96
Long-Term Deferred Charges	295.93	269.59	226.91	177.36	104.25	96.99
Other Long-Term Assets	35.61	7.57	34.93	87.97	72.59	550.22
Total Assets	10,379	10,821	7,830	6,146	6,054	4,390
Accounts Payable	549.35	810.08	388.59	270.47	123.64	299.9
Accrued Expenses	100.37	579.95	240.09	221.51	201.28	136.99
Short-Term Debt	2,430	2,818	1,622	1,378	1,308	823.2
Current Portion of Long-Term Debt	-	186.78	299.75	46.97	57.24	26.88
Current Portion of Leases	-	21.65	8.09	4.4	4.27	3.45
Current Income Taxes Payable	25.93	37.32	7.62	7.76	7.47	21.73
Current Unearned Revenue	34.98	54.61	263.72	91.27	89.54	65.78
Other Current Liabilities	857.08	186.82	226.77	71.44	21.5	43.62
Total Current Liabilities	3,998	4,695	3,056	2,091	1,813	1,422
Long-Term Debt	803.15	781.14	518.7	258.23	476.23	320.65
Long-Term Leases	42.88	48.74	20.64	10.64	9.29	8.58
Long-Term Unearned Revenue	71.88	70.55	40.79	32.83	23.94	9.83
Long-Term Deferred Tax Liabilities	0.53	0.59	-	-	-	-
Other Long-Term Liabilities	2.74	2.74	5.1	11.7	0.35	0.92
Total Liabilities	4,919	5,599	3,642	2,405	2,323	1,762
Common Stock	402.31	402.23	399.71	400.01	400.01	360
Additional Paid-In Capital	3,419	3,410	3,259	3,144	3,129	1,979
Retained Earnings	1,704	1,467	575.93	249.1	234.89	317.64
Treasury Stock	-30.01	-30.01	-30.01	-30.01	-	-
Comprehensive Income & Other	-35.26	-26.63	-15.31	-22.14	-32.62	-28.67
Shareholders' Equity	5,460	5,222	4,189	3,741	3,731	2,628
Total Liabilities & Equity	10,379	10,821	7,830	6,146	6,054	4,390
Total Debt	3,276	3,856	2,469	1,698	1,855	1,183
Net Cash (Debt)	-1,417	-1,971	-1,243	-936.8	-1,061	-433.14
Net Cash Per Share	-3.52	-4.90	-3.10	-2.64	-2.82	-1.20
Filing Date Shares Outstanding	401.27	401.77	399.18	399.47	400.01	400.01
Total Common Shares Outstanding	401.27	401.69	399.18	399.47	400.01	360
Working Capital	4,173	3,934	2,904	2,555	3,200	1,498
Book Value Per Share	13.61	13.00	10.49	9.36	9.33	7.30
Tangible Book Value	5,240	4,996	3,942	3,517	3,701	2,592
Tangible Book Value Per Share	13.06	12.44	9.88	8.80	9.25	7.20
Buildings	-	624.11	622.51	619.13	618.16	617.06
Machinery	-	869.51	653.7	312.35	160.65	129.6
Construction In Progress	-	329.15	128.12	44.26	8.07	10.6

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