SHA:688396 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	8,628	9,552	8,683	11,737	12,700	11,246
Trading Asset Securities	1,225	75.06	29.78	62	-	301.29
Cash & Short-Term Investments	9,853	9,627	8,713	11,799	12,700	11,547
Cash Growth	10.47%	10.49%	-26.15%	-7.09%	9.98%	48.68%
Accounts Receivable	2,066	2,975	2,395	2,226	1,903	1,499
Other Receivables	874.73	5.23	3.19	18.03	21.9	15.04
Receivables	2,941	2,980	2,398	2,244	1,925	1,514
Inventory	2,342	2,279	2,096	1,966	1,876	1,548
Prepaid Expenses	-	15.46	19.36	15.27	20.82	18.73
Other Current Assets	138.2	132.56	123.48	83.63	126.79	63.66
Total Current Assets	15,273	15,035	13,350	16,107	16,649	14,692
Property, Plant & Equipment	8,136	8,208	8,183	7,410	6,393	5,062
Long-Term Investments	5,887	5,828	6,452	4,424	2,040	1,605
Goodwill	525.44	525.44	525.44	185.33	127.83	18.2
Other Intangible Assets	349.38	354.51	365.94	360.62	497.67	348.84
Long-Term Deferred Tax Assets	117.85	119.12	103.17	97.82	113.05	24.64
Long-Term Deferred Charges	68.46	68.11	38.48	30.95	27.93	25.48
Other Long-Term Assets	346.23	452.31	88.28	599.32	609.86	414.79
Total Assets	30,703	30,590	29,107	29,215	26,458	22,191
Accounts Payable	1,624	1,604	1,324	1,182	1,344	1,317
Accrued Expenses	650.5	730.08	638.66	625.34	678.54	711.79
Short-Term Debt	18	67.69	33.82	22.44	-	81.27
Current Portion of Long-Term Debt	-	-	-	33.71	37.82	849.08
Current Portion of Leases	35.25	30.07	24.27	31.59	20.57	15.18
Current Income Taxes Payable	100.37	40	29.94	56.62	20.39	20.42
Current Unearned Revenue	283.38	253.08	177.97	174.21	430.42	361.76
Other Current Liabilities	2,125	2,377	1,904	2,142	1,937	954.53
Total Current Liabilities	4,837	5,101	4,133	4,268	4,469	4,311
Long-Term Debt	-	-	-	906.66	926.92	66.41
Long-Term Leases	74.86	77.99	64.22	77.29	46.91	48.61
Long-Term Unearned Revenue	399.37	408.42	354.06	223.31	200.34	204.74
Long-Term Deferred Tax Liabilities	121.68	78	73.95	95.1	98.76	46.6
Other Long-Term Liabilities	53.91	56.86	185.59	14.56	20.85	13.02
Total Liabilities	5,487	5,723	4,811	5,585	5,762	4,691
Common Stock	1,225	1,225	1,221	1,218	1,218	1,218
Additional Paid-In Capital	14,312	14,474	14,336	14,205	13,840	13,731
Retained Earnings	7,290	6,960	6,411	5,797	4,583	1,966
Comprehensive Income & Other	320.36	322.48	338.39	338.39	340.03	374.82
Total Common Equity	23,148	22,981	22,306	21,558	19,981	17,290
Minority Interest	2,069	1,886	1,990	2,072	715.09	210.67
Shareholders' Equity	25,217	24,867	24,296	23,630	20,696	17,500
Total Liabilities & Equity	30,703	30,590	29,107	29,215	26,458	22,191
Total Debt	128.1	175.75	122.31	1,072	1,032	1,061
Net Cash (Debt)	9,725	9,451	8,590	10,727	11,667	10,487
Net Cash Growth	10.73%	10.02%	-19.92%	-8.06%	11.26%	68.59%
Net Cash Per Share	7.32	7.12	6.49	8.11	8.83	8.16
Filing Date Shares Outstanding	1,327	1,328	1,324	1,320	1,320	1,320
Total Common Shares Outstanding	1,327	1,328	1,324	1,320	1,320	1,320
Working Capital	10,437	9,933	9,217	11,839	12,180	10,380
Book Value Per Share	17.44	17.31	16.85	16.33	15.14	13.10
Tangible Book Value	22,273	22,101	21,415	21,012	19,355	16,923
Tangible Book Value Per Share	16.78	16.65	16.18	15.92	14.66	12.82
Buildings	-	2,662	2,694	2,353	1,425	1,548
Machinery	-	18,935	18,056	16,333	14,881	13,914
Construction In Progress	-	478.99	348.65	764.76	1,568	518.65

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