SHA:688363 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	1,004	994.98	719.27	1,169	1,606	1,807
Trading Asset Securities	60.96	33.29	30.02	140.04	530.72	846.89
Cash & Short-Term Investments	1,065	1,028	749.29	1,309	2,137	2,654
Cash Growth	56.34%	37.23%	-42.75%	-38.75%	-19.47%	25.58%
Accounts Receivable	608.02	566.78	547.38	450.19	457.87	402.22
Other Receivables	46.77	42.26	45.27	39.42	51.91	28.9
Receivables	654.79	609.05	592.65	489.61	509.78	431.12
Inventory	929.58	980.62	1,248	1,135	1,162	709.13
Other Current Assets	212.54	167.05	150.96	189.99	214.93	190.37
Total Current Assets	2,862	2,785	2,741	3,123	4,023	3,984
Property, Plant & Equipment	4,040	4,090	4,203	3,657	2,913	2,305
Long-Term Investments	603.73	570.13	585.02	502.99	592.63	400.32
Goodwill	171.02	177.62	174.09	251.28	247.22	67.15
Other Intangible Assets	512.22	517.62	490.63	496.97	475.06	467.26
Long-Term Deferred Tax Assets	336.14	335.56	355.56	336.98	302.59	246.11
Long-Term Deferred Charges	149.69	155.12	100.34	98.14	116.43	31.85
Other Long-Term Assets	75.65	61.93	7.51	3.63	11.5	1.44
Total Assets	8,750	8,693	8,657	8,470	8,682	7,504
Accounts Payable	602.07	140.14	195.41	186.78	247.75	243.55
Accrued Expenses	145.23	368.78	587.09	479.49	672.75	704.09
Short-Term Debt	160.08	92.89	49.92	-	139.2	-
Current Portion of Long-Term Debt	100.63	64.93	28.89	106.08	36.54	36.46
Current Portion of Leases	-	49.39	62.79	47.05	53.67	49.61
Current Income Taxes Payable	70.83	8.72	13.85	55.68	76.43	135.52
Current Unearned Revenue	70.44	57.77	63.48	55.58	67.74	50.83
Other Current Liabilities	62.07	407.39	339.6	290.13	349.97	180.46
Total Current Liabilities	1,211	1,190	1,341	1,221	1,644	1,401
Long-Term Debt	68.74	94.66	65.12	2.32	107.97	144.18
Long-Term Leases	64.87	39.51	152.97	52.66	52.42	69.77
Long-Term Unearned Revenue	242.3	248.94	253.24	205.73	188.68	182.71
Long-Term Deferred Tax Liabilities	3.13	4.24	4.57	5.09	5.66	4.12
Total Liabilities	1,590	1,577	1,817	1,487	1,999	1,801
Common Stock	481.68	481.68	481.68	481.68	481.09	480
Additional Paid-In Capital	3,850	3,850	3,853	3,841	3,753	3,569
Retained Earnings	3,004	2,940	2,700	2,708	2,409	1,674
Treasury Stock	-219.95	-219.95	-219.95	-105.88	-	-
Comprehensive Income & Other	14.12	34.65	-4.32	19.57	-9.1	-23.91
Total Common Equity	7,130	7,086	6,810	6,944	6,634	5,699
Minority Interest	29.84	29.49	29.63	39.33	49.21	3.45
Shareholders' Equity	7,160	7,115	6,840	6,983	6,683	5,702
Total Liabilities & Equity	8,750	8,693	8,657	8,470	8,682	7,504
Total Debt	394.32	341.38	359.69	208.1	389.79	300.01
Net Cash (Debt)	670.31	686.9	389.6	1,101	1,747	2,354
Net Cash Growth	147.76%	76.31%	-64.60%	-37.00%	-25.77%	12.67%
Net Cash Per Share	1.42	1.43	0.80	2.28	3.62	4.87
Filing Date Shares Outstanding	461.82	478.36	478.36	480.26	481.09	480
Total Common Shares Outstanding	461.82	478.36	478.36	480.26	481.09	480
Working Capital	1,650	1,595	1,400	1,902	2,379	2,584
Book Value Per Share	15.44	14.81	14.24	14.46	13.79	11.87
Tangible Book Value	6,447	6,390	6,145	6,196	5,911	5,165
Tangible Book Value Per Share	13.96	13.36	12.85	12.90	12.29	10.76
Buildings	-	2,477	2,496	1,756	1,385	1,269
Machinery	-	2,260	1,794	1,410	1,148	812.35
Construction In Progress	-	438.52	640.98	1,109	830.45	516.72

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