SHA:688396 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	Jun '26 Jun 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	8,962	9,552	8,683	11,737	12,700	11,246
Trading Asset Securities	1,325	75.06	29.78	62	-	301.29
Cash & Short-Term Investments	10,287	9,627	8,713	11,799	12,700	11,547
Cash Growth	15.10%	10.49%	-26.15%	-7.09%	9.98%	48.68%
Accounts Receivable	3,280	2,975	2,395	2,226	1,903	1,499
Other Receivables	5.09	5.23	3.19	18.03	21.9	15.04
Receivables	3,285	2,980	2,398	2,244	1,925	1,514
Inventory	2,294	2,279	2,096	1,966	1,876	1,548
Prepaid Expenses	16.59	15.46	19.36	15.27	20.82	18.73
Other Current Assets	132.08	132.56	123.48	83.63	126.79	63.66
Total Current Assets	16,014	15,035	13,350	16,107	16,649	14,692
Property, Plant & Equipment	8,045	8,208	8,183	7,410	6,393	5,062
Long-Term Investments	5,779	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	345.77	354.51	365.94	360.62	497.67	348.84
Long-Term Deferred Tax Assets	114.84	119.12	103.17	97.82	113.05	24.64
Long-Term Deferred Charges	65.76	68.11	38.48	30.95	27.93	25.48
Other Long-Term Assets	308.54	452.31	88.28	599.32	609.86	414.79
Total Assets	31,199	30,590	29,107	29,215	26,458	22,191

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	1,713	1,604	1,324	1,182	1,344	1,317
Accrued Expenses	801.37	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	32.13	30.07	24.27	31.59	20.57	15.18
Current Income Taxes Payable	52.03	40	29.94	56.62	20.39	20.42
Current Unearned Revenue	331.58	253.08	177.97	174.21	430.42	361.76
Other Current Liabilities	2,080	2,377	1,904	2,142	1,937	954.53
Total Current Liabilities	5,028	5,101	4,133	4,268	4,469	4,311
Long-Term Debt	-	-	-	906.66	926.92	66.41
Long-Term Leases	71.17	77.99	64.22	77.29	46.91	48.61
Long-Term Unearned Revenue	385.98	408.42	354.06	223.31	200.34	204.74
Long-Term Deferred Tax Liabilities	119.61	78	73.95	95.1	98.76	46.6
Other Long-Term Liabilities	56.06	56.86	185.59	14.56	20.85	13.02
Total Liabilities	5,661	5,723	4,811	5,585	5,762	4,691

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	1,225	1,225	1,221	1,218	1,218	1,218
Additional Paid-In Capital	14,308	14,474	14,336	14,205	13,840	13,731
Retained Earnings	7,615	6,960	6,411	5,797	4,583	1,966
Comprehensive Income & Other	326.55	322.48	338.39	338.39	340.03	374.82
Total Common Equity	23,475	22,981	22,306	21,558	19,981	17,290
Minority Interest	2,063	1,886	1,990	2,072	715.09	210.67
Shareholders' Equity	25,538	24,867	24,296	23,630	20,696	17,500
Total Liabilities & Equity	31,199	30,590	29,107	29,215	26,458	22,191

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	121.3	175.75	122.31	1,072	1,032	1,061
Net Cash (Debt)	10,166	9,451	8,590	10,727	11,667	10,487
Net Cash Growth	15.42%	10.02%	-19.92%	-8.06%	11.26%	68.59%
Net Cash Per Share	7.65	7.12	6.49	8.11	8.83	8.16
Filing Date Shares Outstanding	1,328	1,328	1,324	1,320	1,320	1,320
Total Common Shares Outstanding	1,328	1,328	1,324	1,320	1,320	1,320
Working Capital	10,986	9,933	9,217	11,839	12,180	10,380
Book Value Per Share	17.67	17.31	16.85	16.33	15.14	13.10
Tangible Book Value	22,604	22,101	21,415	21,012	19,355	16,923
Tangible Book Value Per Share	17.02	16.65	16.18	15.92	14.66	12.82
Buildings	2,664	2,662	2,694	2,353	1,425	1,548
Machinery	19,454	18,935	18,056	16,333	14,881	13,914
Construction In Progress	353.27	478.99	348.65	764.76	1,568	518.65