SHA:688387 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	3,483	3,738	3,235	3,864	5,399	3,413
Trading Asset Securities	140.25	732.67	1,255	1,302	1,205	-
Cash & Short-Term Investments	3,623	4,471	4,490	5,165	6,604	3,413
Cash Growth	1.83%	-0.43%	-13.08%	-21.78%	93.51%	-7.60%
Accounts Receivable	6,017	5,661	5,508	5,769	4,948	4,547
Other Receivables	115.09	143.05	161.28	195.62	197.84	197.89
Receivables	6,132	5,804	5,669	5,965	5,146	4,745
Inventory	1,522	1,383	1,555	2,106	2,233	1,456
Prepaid Expenses	-	0.04	-	-	-	-
Other Current Assets	335.1	208.25	189.78	153.19	181.26	95.65
Total Current Assets	11,612	11,866	11,904	13,389	14,164	9,709
Property, Plant & Equipment	1,427	1,322	1,218	577.09	591.9	708.54
Long-Term Investments	107.5	162.15	170.1	164.54	161.42	116.11
Other Intangible Assets	220.01	265.22	206.75	142.46	147.82	156.07
Long-Term Accounts Receivable	-	23.52	25.16	21.15	2.77	6.87
Long-Term Deferred Tax Assets	58.13	56.87	57.49	65.22	65.83	44.07
Long-Term Deferred Charges	212.21	131.85	66.34	6.66	9.53	12.58
Other Long-Term Assets	72.93	75.77	87.98	71.07	67.25	51.49
Total Assets	13,710	13,904	13,736	14,438	15,210	10,805

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	5,278	5,434	4,783	5,173	5,213	4,795
Accrued Expenses	122.44	310.58	365.79	367.6	379.58	332.56
Short-Term Debt	592.96	507.13	640.35	688.26	880.8	879.07
Current Portion of Long-Term Debt	-	-	400	390	177.5	1
Current Portion of Leases	9.57	12.57	17.48	57.86	55.9	94.87
Current Income Taxes Payable	6.98	0.09	0.4	1.04	1.14	1.09
Current Unearned Revenue	696.77	286.83	573.83	196.07	137.49	92.34
Other Current Liabilities	154.61	179.99	211.03	175.49	218.14	130.82
Total Current Liabilities	6,861	6,731	6,992	7,049	7,064	6,327
Long-Term Debt	220	220	-	400	790	497.5
Long-Term Leases	6.94	9.73	13.72	37.38	62.32	127.02
Long-Term Unearned Revenue	708.13	773.23	278.13	210.47	192.92	172.23
Long-Term Deferred Tax Liabilities	6.64	15.2	24.14	32.18	34.06	9.08
Other Long-Term Liabilities	27.04	31.14	34.42	39.2	46.38	40.79
Total Liabilities	7,830	7,781	7,342	7,768	8,190	7,173

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	3,419	3,419	3,419	3,419	3,419	2,735
Additional Paid-In Capital	11,822	11,822	11,822	11,835	11,837	8,509
Retained Earnings	-9,485	-9,324	-9,054	-8,776	-8,418	-7,745
Comprehensive Income & Other	34.07	80.76	90.25	79.81	73.59	34.43
Total Common Equity	5,790	5,998	6,277	6,558	6,911	3,534
Minority Interest	90.32	125.43	116.75	111.05	109.64	97.09
Shareholders' Equity	5,880	6,123	6,394	6,669	7,021	3,631
Total Liabilities & Equity	13,710	13,904	13,736	14,438	15,210	10,805

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	829.47	749.43	1,072	1,573	1,967	1,599
Net Cash (Debt)	2,793	3,721	3,418	3,592	4,637	1,813
Net Cash Growth	-4.11%	8.87%	-4.83%	-22.54%	155.76%	1679.09%
Net Cash Per Share	0.84	1.10	0.98	1.01	1.58	0.78
Filing Date Shares Outstanding	3,419	3,419	3,419	3,419	3,419	2,735
Total Common Shares Outstanding	3,419	3,419	3,419	3,419	3,419	2,735
Working Capital	4,751	5,135	4,912	6,340	7,100	3,382
Book Value Per Share	1.69	1.75	1.84	1.92	2.02	1.29
Tangible Book Value	5,570	5,733	6,070	6,416	6,763	3,378
Tangible Book Value Per Share	1.63	1.68	1.78	1.88	1.98	1.24
Buildings	-	858.74	858.74	272.99	279.32	279.54
Machinery	-	1,023	1,036	926.21	903.04	909.53
Construction In Progress	-	276.23	90.06	15.17	-	-