SHA:688225 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	-	2,643	1,059	1,997	1,261
Trading Asset Securities	-	444.76	100.02	-	-
Cash & Short-Term Investments	1,100	3,088	1,159	1,997	1,261
Cash Growth	-64.37%	166.44%	-41.98%	58.36%	2.76%
Accounts Receivable	-	6,360	1,025	790.17	490.46
Other Receivables	-	125.84	22.13	27.18	19.42
Receivables	-	6,486	1,047	817.35	509.88
Inventory	-	565.43	358.57	314.26	262.79
Other Current Assets	-	272.45	77.83	111.39	50.68
Total Current Assets	-	10,411	2,642	3,240	2,085
Property, Plant & Equipment	-	854.55	137.83	139.95	186.23
Long-Term Investments	-	423.93	156.81	149.25	85.13
Goodwill	-	504.72	268.35	-	-
Other Intangible Assets	-	760.66	70.46	52.18	35.43
Long-Term Deferred Tax Assets	-	249.64	93.46	77.85	74.5
Long-Term Deferred Charges	-	120.08	18.77	22.98	23.58
Other Long-Term Assets	-	44.82	13.04	-	-
Total Assets	-	13,370	3,401	3,683	2,490
Accounts Payable	-	1,443	318.72	245.21	162.25
Accrued Expenses	-	1,637	266.78	264.98	275.47
Short-Term Debt	-	136.25	28.64	-	-
Current Portion of Long-Term Debt	-	27.24	18.35	-	-
Current Portion of Leases	-	94.4	25.9	26.82	27.06
Current Income Taxes Payable	-	339.59	-	0.66	26.51
Current Unearned Revenue	-	558.99	266.26	287.28	322.08
Other Current Liabilities	-	602.73	66.29	91.71	57.3
Total Current Liabilities	-	4,839	990.95	916.66	870.66
Long-Term Debt	-	742.73	171.95	-	-
Long-Term Leases	-	153.11	76.55	75.66	123.53
Long-Term Unearned Revenue	-	7.76	18.59	25.11	25.32
Long-Term Deferred Tax Liabilities	-	411.63	8.05	11.94	5.32
Other Long-Term Liabilities	-	625.76	5.2	4.81	4.08
Total Liabilities	-	6,780	1,271	1,034	1,029
Common Stock	-	400.01	400.01	400.01	360
Additional Paid-In Capital	-	1,567	1,541	1,500	363
Retained Earnings	-	456.95	447.36	748.26	736.8
Treasury Stock	-	-270.01	-270.01	-	-
Comprehensive Income & Other	-	-0.14	-0.18	-1.47	-1.72
Total Common Equity	1,776	2,154	2,118	2,647	1,458
Minority Interest	-	4,436	11.75	1.33	2.54
Shareholders' Equity	5,764	6,590	2,130	2,648	1,461
Total Liabilities & Equity	-	13,370	3,401	3,683	2,490
Total Debt	1,065	1,154	321.39	102.48	150.59
Net Cash (Debt)	34.83	1,934	837.59	1,895	1,111
Net Cash Growth	-98.20%	130.93%	-55.80%	70.61%	-9.27%
Net Cash Per Share	0.09	5.00	2.10	4.78	3.09
Filing Date Shares Outstanding	386.52	386.52	386.52	400.01	360
Total Common Shares Outstanding	386.52	386.52	386.52	400.01	360
Working Capital	-	5,572	1,651	2,324	1,214
Book Value Per Share	4.60	5.57	5.48	6.62	4.05
Tangible Book Value	531.82	888.78	1,779	2,595	1,423
Tangible Book Value Per Share	1.38	2.30	4.60	6.49	3.95
Buildings	-	501.82	-	-	-
Machinery	-	190.87	96.02	81.55	67.29

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