SHA:688219 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	882.77	873.19	959.73	1,045	1,467	577.31
Trading Asset Securities	-	20.02	50.05	50.04	-	-
Cash & Short-Term Investments	882.77	893.21	1,010	1,095	1,467	577.31
Cash Growth	-26.91%	-11.54%	-7.82%	-25.32%	154.09%	12.15%
Accounts Receivable	2,574	2,581	2,430	2,327	1,889	1,755
Other Receivables	3.61	2.01	2.89	2.61	2.14	2.44
Receivables	2,577	2,583	2,433	2,329	1,891	1,757
Inventory	670.38	550.03	565.76	630.33	717.25	609.11
Other Current Assets	185.64	147.78	188.17	109.83	96.12	150.75
Total Current Assets	4,316	4,174	4,196	4,165	4,172	3,094
Property, Plant & Equipment	2,159	2,160	2,132	1,636	1,528	1,355
Long-Term Investments	21.83	33.39	4.98	1.15	125.41	132.45
Goodwill	154.72	154.72	144.78	144.78	144.78	144.78
Other Intangible Assets	418.38	423.57	431.04	437.64	330.38	339.84
Long-Term Deferred Tax Assets	80.16	79.51	77.86	72.24	77.01	59.45
Long-Term Deferred Charges	3.74	3.63	1.74	1.25	4.82	7.37
Other Long-Term Assets	24.83	10.98	8.03	90.14	60.25	23.18
Total Assets	7,179	7,041	6,997	6,548	6,443	5,157
Accounts Payable	1,867	1,985	1,958	1,465	1,338	1,077
Accrued Expenses	44.74	83.44	127.05	110.9	399.84	64.46
Short-Term Debt	995.58	754.98	744.38	859.63	1,092	1,635
Current Portion of Long-Term Debt	95.49	157.8	272.12	598.97	-	29.89
Current Portion of Leases	-	-	2.71	4.12	4.16	6.14
Current Income Taxes Payable	12.89	13.84	0.13	0.09	3.56	3.44
Current Unearned Revenue	26.47	20.75	24.86	10.57	6.46	7.7
Other Current Liabilities	362.45	348.69	354.97	496.95	424.83	452.79
Total Current Liabilities	3,404	3,365	3,484	3,546	3,269	3,277
Long-Term Debt	541.3	516.78	1,221	950.29	1,263	47.72
Long-Term Leases	16.92	17.5	6.27	8.68	1.43	5.84
Long-Term Unearned Revenue	131.45	133.92	125.29	131.6	125.1	128.7
Long-Term Deferred Tax Liabilities	-	0.01	-	0.01	0.95	-
Total Liabilities	4,094	4,033	4,837	4,637	4,659	3,459
Common Stock	549.6	549.6	463.47	459.28	459.28	459.28
Additional Paid-In Capital	1,712	1,710	931.57	931.21	931.2	931.2
Retained Earnings	824.51	769.42	645.54	497.41	359.41	307.13
Treasury Stock	-45.82	-45.15	-7.59	-99.72	-91.1	-
Comprehensive Income & Other	5.15	17.19	124.75	128.27	126.62	-
Total Common Equity	3,046	3,001	2,158	1,916	1,785	1,698
Minority Interest	38.66	6.63	2.01	-5.31	-1.72	-
Shareholders' Equity	3,085	3,008	2,160	1,911	1,784	1,698
Total Liabilities & Equity	7,179	7,041	6,997	6,548	6,443	5,157
Total Debt	1,649	1,447	2,247	2,422	2,361	1,725
Net Cash (Debt)	-766.53	-553.84	-1,237	-1,326	-893.77	-1,147
Net Cash Per Share	-1.43	-1.08	-2.68	-2.89	-1.96	-2.55
Filing Date Shares Outstanding	550.92	584.28	472.66	448.54	449.44	459.28
Total Common Shares Outstanding	550.92	584.28	472.66	448.54	449.44	459.28
Working Capital	911.75	809.75	712.25	618.66	903.05	-182.56
Book Value Per Share	5.53	5.14	4.57	4.27	3.97	3.70
Tangible Book Value	2,473	2,423	1,582	1,334	1,310	1,213
Tangible Book Value Per Share	4.49	4.15	3.35	2.97	2.92	2.64
Buildings	-	-	1,548	1,204	1,072	886.96
Machinery	-	-	867.57	747.03	639.45	476.88
Construction In Progress	-	-	276.86	125.76	174.5	257.55

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