SHA:688333 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	Jan '22 Jan 1, 2022
Cash & Equivalents	1,296	773.95	1,186	3,161	262.11	186.12
Trading Asset Securities	501.86	1,001	1,005	-	30.01	-
Cash & Short-Term Investments	1,798	1,775	2,190	3,161	292.12	186.12
Cash Growth	-11.55%	-18.95%	-30.70%	982.01%	56.95%	-53.67%
Accounts Receivable	1,381	1,452	1,146	974.45	704.2	388.83
Other Receivables	29.79	27.9	22.6	38.35	41.79	20.78
Receivables	1,411	1,480	1,169	1,013	745.98	409.62
Inventory	1,488	1,342	827.39	557.04	539.01	390.52
Other Current Assets	134.5	98.43	86.23	33.33	31.54	33.91
Total Current Assets	4,831	4,695	4,273	4,764	1,609	1,020
Property, Plant & Equipment	3,658	3,482	2,550	1,434	1,188	926.16
Long-Term Investments	66.15	62.82	33.26	25.87	22.48	22.5
Other Intangible Assets	318.88	321.46	248.59	174.81	91.22	47.26
Long-Term Accounts Receivable	-	-	-	0.12	8.12	15.08
Long-Term Deferred Tax Assets	97.95	93.85	95.9	79.58	72.12	37.06
Long-Term Deferred Charges	6.02	8.08	7.08	3.42	6.65	1.51
Other Long-Term Assets	8.42	4.81	77.71	43.7	34.66	37.97
Total Assets	8,986	8,668	7,286	6,526	3,032	2,108
Accounts Payable	1,358	1,389	676.14	314.47	372.32	205.59
Accrued Expenses	85.7	109.3	93	119.13	142.63	49.16
Short-Term Debt	1,220	967.14	504.16	609.92	412.17	86.95
Current Portion of Long-Term Debt	96.06	68.47	103.03	46.33	15.16	8.77
Current Portion of Leases	-	-	6.4	7.24	5.35	4.25
Current Income Taxes Payable	10.08	15.8	0.85	0.15	0.01	0.25
Current Unearned Revenue	143.52	143.88	68.06	24.99	55.11	38.08
Other Current Liabilities	176.32	126.19	401.29	260.4	162.3	118.35
Total Current Liabilities	3,089	2,819	1,853	1,383	1,165	511.4
Long-Term Debt	651.64	621.96	386.32	175.47	107.96	91.42
Long-Term Leases	12.98	10.31	6.87	7.57	5.59	7.96
Long-Term Unearned Revenue	114.28	119.74	131.19	149.67	83.14	75.37
Long-Term Deferred Tax Liabilities	10.25	10.81	11.87	13.26	14.37	1.98
Other Long-Term Liabilities	107.12	103.37	78.58	58.82	126.08	132.18
Total Liabilities	3,985	3,685	2,468	1,787	1,502	820.32
Common Stock	274.32	274.32	271.77	192.29	113.11	80.79
Additional Paid-In Capital	4,193	4,193	4,174	4,188	1,163	1,032
Retained Earnings	619.37	602.59	428.98	352.88	250.64	171.14
Treasury Stock	-98.58	-98.58	-62.66	-	-	-
Comprehensive Income & Other	13.04	11.37	5.87	4.95	3.01	3.04
Total Common Equity	5,001	4,983	4,818	4,738	1,529	1,287
Shareholders' Equity	5,001	4,983	4,818	4,738	1,529	1,287
Total Liabilities & Equity	8,986	8,668	7,286	6,526	3,032	2,108
Total Debt	1,980	1,668	1,007	846.52	546.23	199.36
Net Cash (Debt)	-182.26	107.46	1,184	2,314	-254.12	-13.24
Net Cash Growth	-	-90.92%	-48.85%	-	-	-
Net Cash Per Share	-0.67	0.40	4.33	14.29	-1.11	-0.06
Filing Date Shares Outstanding	274.11	267.83	269.48	269.2	221.69	221.69
Total Common Shares Outstanding	274.11	267.83	269.48	269.2	221.69	221.69
Working Capital	1,742	1,876	2,420	3,381	443.59	508.76
Book Value Per Share	18.24	18.60	17.88	17.60	6.90	5.81
Tangible Book Value	4,682	4,661	4,569	4,563	1,438	1,240
Tangible Book Value Per Share	17.08	17.40	16.96	16.95	6.49	5.59
Buildings	-	-	528.47	421.04	421.04	419.25
Machinery	-	-	1,368	948.71	756.03	422
Construction In Progress	-	-	1,042	340.25	164.73	191.07

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