SHA:688538 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	-	2,799	936.51	400.93	2,181
Trading Asset Securities	-	1,001	1,001	3,022	5,715
Cash & Short-Term Investments	2,020	3,800	1,937	3,423	7,896
Cash Growth	-46.84%	96.17%	-43.40%	-56.66%	455.85%
Accounts Receivable	-	750.83	361.2	559.36	821.02
Other Receivables	-	1.04	35.94	26.74	174.89
Receivables	-	751.87	397.13	586.1	995.91
Inventory	-	832.09	861.05	1,489	1,003
Other Current Assets	-	27.14	50	43.28	150.68
Total Current Assets	-	5,411	3,245	5,540	10,045
Property, Plant & Equipment	-	23,082	24,120	24,178	21,292
Other Intangible Assets	-	961.65	806.94	898.56	826.25
Long-Term Deferred Charges	-	139.63	263.99	77.61	151.89
Other Long-Term Assets	-	0.23	3.88	198.9	823.75
Total Assets	-	29,595	28,441	30,893	33,140
Accounts Payable	-	1,144	1,094	1,369	1,649
Accrued Expenses	-	110.03	101.57	114.75	94.98
Current Portion of Long-Term Debt	-	10,152	1,756	690.95	651.6
Current Portion of Leases	-	242.94	-	2.99	8.7
Current Unearned Revenue	-	63.89	93.35	76.29	94.37
Other Current Liabilities	-	50.76	99.56	157.17	21.49
Total Current Liabilities	-	11,764	3,145	2,411	2,520
Long-Term Debt	-	6,945	12,444	12,384	12,908
Long-Term Leases	-	568.31	-	-	4.5
Long-Term Unearned Revenue	-	272.71	291.26	293.19	308.25
Other Long-Term Liabilities	-	10.93	-	-	-
Total Liabilities	-	19,560	15,880	15,088	15,741
Common Stock	-	13,832	13,857	13,890	13,809
Additional Paid-In Capital	-	5,789	5,818	5,846	5,770
Retained Earnings	-	-9,545	-7,027	-3,783	-2,181
Treasury Stock	-	-41.52	-87.35	-147.56	-
Shareholders' Equity	8,665	10,034	12,561	15,805	17,398
Total Liabilities & Equity	-	29,595	28,441	30,893	33,140
Total Debt	17,202	17,908	14,200	13,078	13,573
Net Cash (Debt)	-15,182	-14,108	-12,263	-9,656	-5,677
Net Cash Per Share	-1.08	-1.01	-0.87	-0.72	-0.48
Filing Date Shares Outstanding	13,809	13,832	13,857	13,890	13,809
Total Common Shares Outstanding	13,809	13,832	13,857	13,890	13,809
Working Capital	-	-6,353	100.29	3,130	7,525
Book Value Per Share	0.63	0.73	0.91	1.14	1.26
Tangible Book Value	7,716	9,072	11,754	14,906	16,572
Tangible Book Value Per Share	0.56	0.66	0.85	1.07	1.20
Buildings	-	3,006	3,005	3,004	3,004
Machinery	-	24,330	21,142	20,383	15,050
Construction In Progress	-	3,935	6,594	5,920	7,068

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