SHA:688232 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	617.22	661.22	728.31	258.53	715.26	1,004
Short-Term Investments	-	-	-	161.17	-	-
Trading Asset Securities	2,694	2,918	3,008	3,217	3,596	3,367
Cash & Short-Term Investments	3,311	3,580	3,736	3,637	4,311	4,371
Cash Growth	-1.97%	-4.18%	2.73%	-15.64%	-1.38%	920.79%
Accounts Receivable	1,097	1,174	1,422	1,489	1,509	1,140
Other Receivables	27.12	30.14	33.71	45.97	51.81	43.96
Receivables	1,124	1,205	1,456	1,535	1,561	1,184
Inventory	470.51	413.28	402	416.6	434.45	455.15
Prepaid Expenses	-	11.94	0.55	0.4	2.78	0.03
Other Current Assets	114.16	72.82	67.83	64.29	48.25	55.77
Total Current Assets	5,020	5,282	5,662	5,653	6,358	6,066
Property, Plant & Equipment	1,045	995.06	788.18	560.23	376.68	288.85
Long-Term Investments	68.51	68.5	-	-	-	-
Other Intangible Assets	185.85	187.1	192.71	105.08	78.6	83.69
Long-Term Accounts Receivable	-	22.56	25.2	48.87	48.95	15.08
Long-Term Deferred Tax Assets	5.74	5.23	12.69	15.38	14.55	12.14
Long-Term Deferred Charges	6.8	7.65	9.05	9.58	6.6	2.61
Other Long-Term Assets	26.06	3.41	16.06	410.22	5.67	-
Total Assets	6,358	6,572	6,706	6,802	6,889	6,469
Accounts Payable	337.83	79.39	87.45	110.52	282.35	227.07
Accrued Expenses	110.23	434.41	446.97	508.56	407.38	427.7
Current Portion of Leases	-	4.33	6.29	7.78	10.66	2.47
Current Income Taxes Payable	17.93	2.42	2.64	4.93	31.22	33.13
Current Unearned Revenue	404.56	377.43	356.99	359.45	424.87	466.97
Other Current Liabilities	57.89	209.01	189.97	116.53	28.17	31.13
Total Current Liabilities	933.22	1,107	1,090	1,108	1,185	1,188
Long-Term Leases	2.66	1.74	1.37	5.26	8.39	2.37
Long-Term Unearned Revenue	1.36	0.87	1.33	-	-	-
Long-Term Deferred Tax Liabilities	0.14	0.14	8.84	10.1	9.65	4.81
Other Long-Term Liabilities	42.56	43.04	52.08	62.3	70.6	65.6
Total Liabilities	979.94	1,153	1,154	1,185	1,273	1,261
Common Stock	321.98	321.98	330	330	330	330
Additional Paid-In Capital	3,711	3,711	3,880	3,880	3,880	3,880
Retained Earnings	1,385	1,409	1,489	1,403	1,406	997.96
Treasury Stock	-49.37	-32.01	-156.72	-	-	-
Total Common Equity	5,369	5,410	5,542	5,612	5,615	5,208
Minority Interest	8.8	8.52	9.65	4.71	-	-
Shareholders' Equity	5,378	5,419	5,552	5,617	5,615	5,208
Total Liabilities & Equity	6,358	6,572	6,706	6,802	6,889	6,469
Total Debt	7.44	6.07	7.66	13.04	19.05	4.84
Net Cash (Debt)	3,304	3,574	3,728	3,624	4,292	4,367
Net Cash Growth	-1.97%	-4.15%	2.88%	-15.57%	-1.71%	919.66%
Net Cash Per Share	9.81	10.88	11.50	10.98	13.04	17.15
Filing Date Shares Outstanding	343.31	320.15	321.98	329.14	330	330
Total Common Shares Outstanding	343.31	320.76	322.68	330	330	330
Working Capital	4,087	4,175	4,571	4,545	5,173	4,878
Book Value Per Share	15.64	16.87	17.18	17.01	17.02	15.78
Tangible Book Value	5,183	5,223	5,349	5,507	5,537	5,124
Tangible Book Value Per Share	15.10	16.28	16.58	16.69	16.78	15.53
Buildings	-	448.71	245.83	245.83	245.91	245.89
Machinery	-	142.74	149.18	155.69	139.64	123.17
Construction In Progress	-	575.98	553.95	294.91	90.53	11.29

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