SHA:688521 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	2,008	746.94	688.78	765.38	1,091
Short-Term Investments	50.29	-	-	-	-
Trading Asset Securities	923.81	112.28	400.13	100.38	713.8
Cash & Short-Term Investments	2,982	859.21	1,089	865.76	1,805
Cash Growth	247.02%	-21.09%	25.77%	-52.03%	-4.90%
Accounts Receivable	1,562	1,209	1,180	1,226	857.6
Other Receivables	2.96	1.59	4.84	2.96	16.76
Receivables	1,565	1,210	1,185	1,229	874.36
Inventory	497.98	395.51	278.62	422.53	133.43
Prepaid Expenses	7.83	4.19	4.54	4.47	5.79
Other Current Assets	633.87	169.1	160.79	285.3	180
Total Current Assets	5,686	2,638	2,718	2,807	2,998
Property, Plant & Equipment	787.05	799.54	555.47	573.47	108.72
Long-Term Investments	233.63	202.12	204.69	241.92	198.19
Goodwill	177.71	181.67	179.05	176.11	161.47
Other Intangible Assets	561.76	523.52	396.54	274.55	247.92
Long-Term Deferred Charges	65.93	30.98	31.1	125.88	138.43
Other Long-Term Assets	205.35	253.83	321.6	227.02	5.27
Total Assets	7,718	4,630	4,406	4,426	3,858
Accounts Payable	325.87	163.17	96.07	214.07	231.25
Accrued Expenses	260.48	224.72	186.87	199.96	167.66
Short-Term Debt	-	-	-	0.7	11.47
Current Portion of Long-Term Debt	442.89	311.69	94.75	-	-
Current Portion of Leases	35.43	37.35	20.39	29.75	18.47
Current Income Taxes Payable	4.98	7.48	3.29	3.76	3.05
Current Unearned Revenue	1,261	627.36	457.64	548.89	469.63
Other Current Liabilities	196.25	175.47	90.98	127.41	171.19
Total Current Liabilities	2,527	1,547	950	1,125	1,073
Long-Term Debt	1,124	832.55	659.61	348.73	-
Long-Term Leases	39.65	44.53	22.27	20.45	16.93
Long-Term Unearned Revenue	-	-	33.22	-	-
Other Long-Term Liabilities	609.39	83.22	40.99	25.22	47.51
Total Liabilities	4,300	2,508	1,706	1,519	1,137
Common Stock	525.86	500.36	499.91	497.75	495.89
Additional Paid-In Capital	5,911	4,090	4,065	3,977	3,881
Retained Earnings	-2,944	-2,416	-1,815	-1,519	-1,593
Treasury Stock	-24.84	-	-	-	-
Comprehensive Income & Other	-50.35	-51.52	-49.4	-48.83	-63.02
Shareholders' Equity	3,418	2,122	2,700	2,907	2,721
Total Liabilities & Equity	7,718	4,630	4,406	4,426	3,858
Total Debt	1,642	1,226	797.02	399.64	46.87
Net Cash (Debt)	1,339	-366.91	291.89	466.13	1,758
Net Cash Growth	-	-	-37.38%	-73.48%	-7.37%
Net Cash Per Share	2.61	-0.73	0.58	0.95	3.97
Filing Date Shares Outstanding	525.86	500.36	499.91	497.75	495.89
Total Common Shares Outstanding	525.86	500.36	499.91	497.75	495.89
Working Capital	3,159	1,091	1,768	1,683	1,926
Book Value Per Share	6.50	4.24	5.40	5.84	5.49
Tangible Book Value	2,678	1,417	2,125	2,457	2,312
Tangible Book Value Per Share	5.09	2.83	4.25	4.94	4.66
Buildings	676.63	676.63	471.15	471.13	12.95
Machinery	279.24	237.27	186.91	168.72	142.12
Construction In Progress	0.79	0.15	6.47	3.27	4.98
Order Backlog	5,075	-	-	-	-

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