SHA:688425 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	2,327	1,087	2,154	2,606
Cash & Short-Term Investments	2,366	2,327	1,087	2,154	2,606
Cash Growth	1.67%	114.15%	-49.56%	-17.33%	95.65%
Accounts Receivable	-	8,618	9,037	8,189	8,040
Other Receivables	-	45.51	37.85	51.83	43.43
Receivables	-	8,663	9,075	8,241	8,084
Inventory	-	5,327	4,590	4,531	3,484
Other Current Assets	-	191.61	146.98	175.87	162.76
Total Current Assets	-	16,508	14,898	15,101	14,336
Property, Plant & Equipment	-	6,905	7,304	5,585	5,462
Long-Term Investments	-	2,221	2,168	2,010	1,769
Other Intangible Assets	-	936.29	949.08	969.94	990.84
Long-Term Deferred Tax Assets	-	76.39	77.58	85.93	86.98
Long-Term Deferred Charges	-	2.44	-	-	-
Other Long-Term Assets	-	62.2	44.38	34.3	20.98
Total Assets	-	26,712	25,441	23,787	22,666
Accounts Payable	-	5,589	6,071	5,608	5,598
Accrued Expenses	-	120.12	82.23	55.83	95.67
Short-Term Debt	-	12.17	239.33	-	-
Current Portion of Long-Term Debt	-	260.4	486.2	155	165
Current Portion of Leases	-	1.07	2.51	3.27	7.41
Current Income Taxes Payable	-	54.33	5.51	14.21	62.96
Current Unearned Revenue	-	1,302	806.66	1,070	1,060
Other Current Liabilities	-	216.54	57.04	70.61	80.67
Total Current Liabilities	-	7,556	7,751	6,977	7,070
Long-Term Debt	-	1,486	1,013	1,094	1,131
Long-Term Leases	-	0.02	2.79	4.58	4.44
Long-Term Unearned Revenue	-	69.82	86.2	167.24	237.79
Pension & Post-Retirement Benefits	-	-	0.05	0.17	0.49
Long-Term Deferred Tax Liabilities	-	-	8.51	8.68	-
Other Long-Term Liabilities	-	23	25	27	29
Total Liabilities	-	9,135	8,886	8,279	8,473
Common Stock	-	5,333	5,333	5,333	5,333
Additional Paid-In Capital	-	4,078	4,078	4,078	4,078
Retained Earnings	-	8,141	7,113	6,074	4,753
Comprehensive Income & Other	-	2.77	8.16	-0.21	7.16
Total Common Equity	18,106	17,556	16,533	15,486	14,172
Minority Interest	-	21.29	21.51	21.14	21.06
Shareholders' Equity	18,128	17,577	16,555	15,507	14,193
Total Liabilities & Equity	-	26,712	25,441	23,787	22,666
Total Debt	1,681	1,760	1,744	1,257	1,308
Net Cash (Debt)	684.51	567.31	-657.32	897.17	1,298
Net Cash Growth	20.66%	-	-	-30.89%	-
Net Cash Per Share	0.13	0.11	-0.12	0.17	0.28
Filing Date Shares Outstanding	5,333	5,333	5,333	5,333	5,333
Total Common Shares Outstanding	5,333	5,333	5,333	5,333	5,333
Working Capital	-	8,953	7,147	8,124	7,266
Book Value Per Share	3.39	3.29	3.10	2.90	2.66
Tangible Book Value	17,189	16,620	15,584	14,516	13,181
Tangible Book Value Per Share	3.22	3.12	2.92	2.72	2.47
Buildings	-	2,397	2,373	6,108	1,931
Machinery	-	7,098	7,160	1,384	4,818
Construction In Progress	-	223.73	219.81	297.83	235.52

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.