SHA:688298 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	2,251	2,450	3,081	4,165	6,597	6,098
Short-Term Investments	-	-	-	-	-	31.15
Trading Asset Securities	149.73	122.59	207.58	1,052	1,161	168.07
Cash & Short-Term Investments	2,400	2,572	3,289	5,217	7,758	6,297
Cash Growth	-18.18%	-21.79%	-36.95%	-32.75%	23.19%	181.43%
Accounts Receivable	178.1	213.67	230.17	207.74	309.36	1,184
Other Receivables	11.4	12.79	19.12	20.7	73.13	53.96
Receivables	189.5	226.46	249.28	228.44	382.49	1,238
Inventory	293.91	309.86	308.96	346.78	431.92	470.56
Other Current Assets	154.45	147.62	131.45	104.01	175.42	120.06
Total Current Assets	3,038	3,256	3,979	5,896	8,747	8,126
Property, Plant & Equipment	2,622	2,645	2,741	2,261	1,074	481.34
Long-Term Investments	47.45	47.85	50.27	52.35	35.59	25.45
Goodwill	-	-	-	-	-	15.41
Other Intangible Assets	866.71	883.88	690.91	478.81	481.24	111.48
Long-Term Deferred Tax Assets	250.73	256.12	268.47	218.26	193.23	69.68
Long-Term Deferred Charges	36.75	42.12	59.71	61.05	36.32	7.37
Other Long-Term Assets	30.98	8.13	305.85	28.05	135.63	139.81
Total Assets	6,893	7,139	8,095	8,996	10,704	8,977
Accounts Payable	386.66	481.4	515.49	600.49	1,580	1,174
Accrued Expenses	41.83	65.26	72.03	68.45	218.81	175.55
Short-Term Debt	134.96	130.55	116.78	198.22	-	-
Current Portion of Long-Term Debt	121.45	11.12	300.22	50.3	-	-
Current Portion of Leases	-	-	24.6	15.86	3.55	5.84
Current Income Taxes Payable	5.38	12.18	3.41	3.77	17.67	606.85
Current Unearned Revenue	27.72	37.52	30.99	34.77	339.14	71.19
Other Current Liabilities	84.32	93.82	140.29	113.93	119.24	25.4
Total Current Liabilities	802.32	831.86	1,204	1,086	2,278	2,059
Long-Term Debt	45.01	158.99	-	300	50	-
Long-Term Leases	24.68	25.3	47.17	43.96	28.65	12.65
Long-Term Unearned Revenue	25.84	26.06	34.48	10.75	17.46	17.01
Long-Term Deferred Tax Liabilities	0.01	0.04	0.23	0.04	2.76	-
Other Long-Term Liabilities	10.31	11.02	17.47	5.7	3.39	-
Total Liabilities	908.18	1,053	1,303	1,446	2,381	2,088
Common Stock	201.6	201.6	201.6	201.6	168	120
Additional Paid-In Capital	397.98	397.89	397.89	395.42	436.32	549.21
Retained Earnings	5,600	5,694	6,268	6,797	7,530	6,201
Treasury Stock	-326.94	-326.94	-276.95	-	-	-
Comprehensive Income & Other	21.16	26.12	54.9	42.37	28.27	-12.72
Total Common Equity	5,894	5,993	6,645	7,436	8,163	6,857
Minority Interest	90.87	92.96	146.34	113.66	160.15	31.62
Shareholders' Equity	5,985	6,086	6,791	7,550	8,323	6,889
Total Liabilities & Equity	6,893	7,139	8,095	8,996	10,704	8,977
Total Debt	326.11	325.96	488.76	608.33	82.2	18.49
Net Cash (Debt)	2,074	2,246	2,800	4,609	7,675	6,279
Net Cash Growth	-19.28%	-19.78%	-39.24%	-39.95%	22.24%	180.61%
Net Cash Per Share	10.93	11.67	14.24	22.84	38.08	31.14
Filing Date Shares Outstanding	191.52	190.02	193.2	201.6	201.6	201.6
Total Common Shares Outstanding	191.52	190.02	193.2	201.6	201.6	201.6
Working Capital	2,236	2,424	2,775	4,810	6,469	6,068
Book Value Per Share	30.78	31.54	34.40	36.89	40.49	34.01
Tangible Book Value	5,027	5,109	5,954	6,957	7,682	6,730
Tangible Book Value Per Share	26.25	26.89	30.82	34.51	38.10	33.38
Buildings	-	-	1,465	1,296	586.6	243.61
Machinery	-	-	437.85	360.52	262.56	177.03
Construction In Progress	-	-	1,134	796.48	369.99	112.45

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