SHA:688271 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	7,045	5,503	8,400	7,584	10,075	2,924
Short-Term Investments	-	-	-	-	-	330.07
Trading Asset Securities	1,875	4,927	1,706	4,919	4,022	-
Cash & Short-Term Investments	8,920	10,429	10,106	12,504	14,097	3,254
Cash Growth	-1.94%	3.20%	-19.18%	-11.30%	333.27%	1.54%
Accounts Receivable	6,142	6,047	4,701	3,492	2,199	1,232
Other Receivables	376.12	160.38	137.49	79.91	82.69	115.63
Receivables	6,518	6,207	4,838	3,572	2,281	1,348
Inventory	6,624	5,729	5,528	3,893	3,460	2,205
Other Current Assets	690.45	507.18	421.3	258.61	305.72	219.05
Total Current Assets	22,752	22,873	20,894	20,228	20,145	7,026
Property, Plant & Equipment	6,617	6,362	4,797	3,165	2,422	2,150
Long-Term Investments	318.32	320.78	270.17	102.07	56.77	60.49
Goodwill	22.1	22.1	22.1	22.1	22.1	22.1
Other Intangible Assets	1,592	1,513	1,004	828.05	860.24	607.79
Long-Term Accounts Receivable	181.23	175.2	114.61	226.05	147.67	30.49
Long-Term Deferred Tax Assets	507.92	474.66	439.34	399.4	319.31	270.58
Long-Term Deferred Charges	545.23	488.2	397.12	199.94	86.7	124
Other Long-Term Assets	696.73	556.18	97.23	165.22	144.97	70.66
Total Assets	33,232	32,785	28,036	25,336	24,205	10,362
Accounts Payable	2,876	2,769	2,608	1,919	2,193	1,237
Accrued Expenses	765.23	1,456	908.68	979.97	758.93	604.69
Short-Term Debt	1,320	944.72	557.49	9.18	15.65	29.72
Current Portion of Long-Term Debt	-	-	-	1.03	2.89	2.61
Current Portion of Leases	64.83	53.02	43.2	28.44	13.1	12.14
Current Income Taxes Payable	560.34	114.87	93.2	199.38	193.01	174.24
Current Unearned Revenue	2,622	2,975	2,139	2,280	2,388	2,172
Other Current Liabilities	1,021	967.2	726.05	380.93	446.81	286.16
Total Current Liabilities	9,229	9,280	7,076	5,798	6,012	4,518
Long-Term Debt	-	-	-	-	1.03	3.93
Long-Term Leases	244.21	252.57	84	117.28	101.77	105.54
Long-Term Unearned Revenue	1,802	1,678	951.88	514.13	578.89	673.13
Long-Term Deferred Tax Liabilities	10.19	10.36	12.18	8.78	6.96	9.4
Other Long-Term Liabilities	2.7	2.72	5.64	16.58	30.58	18.55
Total Liabilities	11,287	11,223	8,129	6,455	6,731	5,328
Common Stock	824.16	824.16	824.16	824.16	824.16	724.16
Additional Paid-In Capital	13,993	13,957	13,947	13,910	13,865	3,199
Retained Earnings	7,692	7,293	5,596	4,637	2,823	1,165
Treasury Stock	-449.84	-449.84	-449.84	-484.66	-	-
Comprehensive Income & Other	-97.59	-52.27	-14.33	-20.4	-28.84	-50.41
Total Common Equity	21,962	21,572	19,903	18,866	17,483	5,037
Minority Interest	-16.91	-10.49	3.08	15.06	-9.77	-3.77
Shareholders' Equity	21,945	21,561	19,906	18,881	17,474	5,034
Total Liabilities & Equity	33,232	32,785	28,036	25,336	24,205	10,362
Total Debt	1,629	1,250	684.68	155.93	134.45	153.94
Net Cash (Debt)	7,292	9,179	9,421	12,348	13,963	3,100
Net Cash Growth	-13.44%	-2.57%	-23.70%	-11.57%	350.45%	18.84%
Net Cash Per Share	8.87	11.20	11.50	15.01	18.46	4.29
Filing Date Shares Outstanding	820.02	820.02	820.02	819.44	824.16	724.16
Total Common Shares Outstanding	820.02	820.02	818.95	819.65	824.16	724.16
Working Capital	13,523	13,593	13,818	14,430	14,133	2,508
Book Value Per Share	26.78	26.31	24.30	23.02	21.21	6.96
Tangible Book Value	20,348	20,037	18,877	18,016	16,601	4,407
Tangible Book Value Per Share	24.81	24.43	23.05	21.98	20.14	6.09
Buildings	-	1,917	1,913	1,635	1,686	1,657
Machinery	-	2,620	2,080	1,482	1,153	959.92
Construction In Progress	-	2,869	1,770	850.21	222.36	10.84

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