SHA:688432 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	1,245	666.87	1,030	1,504	2,396	1,095
Trading Asset Securities	1,350	1,910	1,910	1,352	558.35	-
Cash & Short-Term Investments	2,595	2,577	2,940	2,856	2,954	1,095
Cash Growth	1.75%	-12.34%	2.93%	-3.32%	169.84%	63.22%
Accounts Receivable	477.52	450.62	413.16	289.83	233.42	288.55
Other Receivables	7.04	5.16	0.49	0.4	1.87	-
Receivables	484.56	455.78	413.64	290.23	235.29	288.55
Inventory	255.38	218.35	209.42	205.79	279.59	181.27
Other Current Assets	48.42	59.92	25.17	17.36	27.25	42.58
Total Current Assets	3,384	3,311	3,588	3,370	3,496	1,607
Property, Plant & Equipment	1,415	1,370	1,281	1,149	1,064	1,102
Long-Term Investments	705.57	716.71	380.51	415.34	262.42	182.64
Other Intangible Assets	83.08	80.38	80.75	82.75	85.26	85.41
Long-Term Deferred Tax Assets	12.61	6.25	5.63	5.76	-	-
Long-Term Deferred Charges	8.66	9.25	5.62	3.27	-	-
Other Long-Term Assets	11.93	0.77	26.05	17.13	55.89	-
Total Assets	5,621	5,494	5,368	5,043	4,964	2,977
Accounts Payable	261.06	186.81	230.71	114.91	188.84	236.5
Accrued Expenses	26.84	49.66	44.21	41.21	41.19	35.47
Current Portion of Leases	-	4.15	4.86	4.31	1.59	1.93
Current Income Taxes Payable	15.09	8.5	15.43	4.98	-	-
Current Unearned Revenue	1	2.63	0.67	0.25	0.28	1.41
Other Current Liabilities	153.17	98.13	82.15	62.63	54.03	90.22
Total Current Liabilities	467.81	349.88	378.02	228.28	285.93	365.53
Long-Term Leases	14.3	1.37	2.12	6.79	1.44	1.47
Long-Term Unearned Revenue	123.15	136.07	190.68	227.43	277.25	303.11
Long-Term Deferred Tax Liabilities	0.04	0.04	-	-	-	-
Total Liabilities	613.27	487.35	570.82	462.49	564.61	670.12
Common Stock	1,250	1,250	1,248	1,248	1,248	1,060
Additional Paid-In Capital	2,260	2,298	2,257	2,251	2,268	791
Retained Earnings	1,031	998.61	863.98	643.51	464.19	112.87
Treasury Stock	-35.94	-35.94	-35.94	-	-	-
Comprehensive Income & Other	6.84	9.93	8.58	6.24	3.3	-
Total Common Equity	4,512	4,521	4,342	4,148	3,983	1,964
Minority Interest	495.65	486.29	455.36	432.56	416.71	342.62
Shareholders' Equity	5,007	5,007	4,797	4,581	4,400	2,307
Total Liabilities & Equity	5,621	5,494	5,368	5,043	4,964	2,977
Total Debt	32.92	5.52	6.98	11.1	3.03	3.41
Net Cash (Debt)	2,563	2,572	2,933	2,845	2,951	1,091
Net Cash Growth	0.67%	-12.32%	3.08%	-3.60%	170.41%	62.71%
Net Cash Per Share	2.05	2.07	2.36	2.28	2.69	1.10
Filing Date Shares Outstanding	1,254	1,247	1,244	1,248	1,248	1,060
Total Common Shares Outstanding	1,254	1,247	1,244	1,248	1,248	1,060
Working Capital	2,916	2,961	3,210	3,141	3,211	1,242
Book Value Per Share	3.60	3.63	3.49	3.32	3.19	1.85
Tangible Book Value	4,429	4,440	4,261	4,065	3,898	1,879
Tangible Book Value Per Share	3.53	3.56	3.42	3.26	3.12	1.77
Buildings	-	765.1	684.29	676.89	676.89	676.89
Machinery	-	1,342	1,054	1,033	997.94	957.44
Construction In Progress	-	60.85	246.84	123.06	19.22	28.33

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