SHA:688275 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	-	2,919	3,714	4,780	310.19
Short-Term Investments	-	21.99	-	-	-
Trading Asset Securities	-	270.76	327.91	1,340	-
Cash & Short-Term Investments	3,883	3,211	4,042	6,120	310.19
Cash Growth	20.91%	-20.55%	-33.95%	1873.08%	270.15%
Accounts Receivable	-	2,904	3,445	3,043	1,495
Other Receivables	-	11.54	9.72	18.27	0.67
Receivables	-	2,916	3,455	3,061	1,495
Inventory	-	943.68	746.62	2,422	304.36
Prepaid Expenses	-	-	0.66	3.81	-
Other Current Assets	-	321.48	1,069	1,018	280.75
Total Current Assets	-	7,393	9,314	12,625	2,391
Property, Plant & Equipment	-	9,119	9,060	5,423	1,911
Long-Term Investments	-	145.1	195.09	367.65	24
Other Intangible Assets	-	505.22	468.59	407.84	138.65
Long-Term Deferred Tax Assets	-	341.37	254.08	55.34	26.76
Long-Term Deferred Charges	-	51.59	18.99	4.19	2.06
Other Long-Term Assets	-	121.19	121.17	975.53	171.97
Total Assets	-	17,676	19,432	19,859	4,665
Accounts Payable	-	3,224	3,588	5,104	738.95
Accrued Expenses	-	93.61	126.08	58.24	50.71
Short-Term Debt	-	3,471	3,412	1,641	823.11
Current Portion of Long-Term Debt	-	2,185	660.3	119.43	11
Current Portion of Leases	-	16.36	11.76	1.51	1.04
Current Income Taxes Payable	-	0.57	1.57	23.11	31.7
Current Unearned Revenue	-	2.93	2.5	261.6	864.14
Other Current Liabilities	-	211.05	147.86	870.34	221.73
Total Current Liabilities	-	9,204	7,950	8,079	2,742
Long-Term Debt	-	1,741	3,744	2,398	175.71
Long-Term Leases	-	16.15	78.19	153.35	1.15
Long-Term Unearned Revenue	-	88.86	56.79	25.54	18.52
Long-Term Deferred Tax Liabilities	-	6.38	11.16	7.84	1.08
Other Long-Term Liabilities	-	1,032	999.33	472.65	153.76
Total Liabilities	-	12,089	12,840	11,136	3,093
Common Stock	-	126.12	126.12	85.22	63.91
Additional Paid-In Capital	-	7,263	7,263	7,320	1,197
Retained Earnings	-	-1,489	-618.17	1,185	226.72
Treasury Stock	-	-119.68	-44.94	-	-
Comprehensive Income & Other	-	-162.91	-139.69	-	-
Total Common Equity	5,226	5,618	6,586	8,590	1,487
Minority Interest	-	-29.94	5.69	132.26	84.73
Shareholders' Equity	5,174	5,588	6,592	8,722	1,572
Total Liabilities & Equity	-	17,676	19,432	19,859	4,665
Total Debt	8,264	7,429	7,907	4,313	1,012
Net Cash (Debt)	-4,381	-4,218	-3,865	1,807	-701.82
Net Cash Per Share	-35.58	-33.92	-30.66	17.65	-7.61
Filing Date Shares Outstanding	123.31	123.2	125.37	126.12	94.59
Total Common Shares Outstanding	123.2	123.2	125.37	126.12	94.59
Working Capital	-	-1,812	1,363	4,546	-351.72
Book Value Per Share	42.42	45.60	52.53	68.11	15.72
Tangible Book Value	4,727	5,112	6,117	8,182	1,349
Tangible Book Value Per Share	38.37	41.50	48.79	64.88	14.26
Buildings	-	3,465	2,628	1,571	747.14
Machinery	-	5,967	3,919	2,304	871.5
Construction In Progress	-	1,117	3,348	2,026	596.58

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