SHA:688553 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	2,461	2,403	2,328	1,782	1,206	1,306
Trading Asset Securities	300.73	278.43	688.59	789.05	1,376	1,662
Cash & Short-Term Investments	2,762	2,682	3,017	2,572	2,582	2,968
Cash Growth	0.63%	-11.10%	17.32%	-0.40%	-13.01%	395.07%
Accounts Receivable	85.3	92.33	55.55	55.95	42.83	11.87
Other Receivables	3.79	104.02	86.09	69.37	44.64	29.24
Receivables	89.09	196.35	141.64	125.31	87.48	41.11
Inventory	281.26	263.75	159.92	153.12	165.98	178.87
Prepaid Expenses	-	0	0	-	-	-
Other Current Assets	167.54	30.64	25.95	20.19	38	45.44
Total Current Assets	3,300	3,173	3,344	2,870	2,873	3,233
Property, Plant & Equipment	1,459	1,473	1,516	1,410	1,123	672.48
Long-Term Investments	89.05	89.05	89.66	155.4	99.31	54.3
Other Intangible Assets	58.4	58.41	60.57	62.09	63.51	64.01
Long-Term Deferred Tax Assets	63.05	60.51	24.47	53.81	29.63	10.55
Long-Term Deferred Charges	72.48	67.59	26.78	17.96	1.61	-
Other Long-Term Assets	86.98	98.11	103.32	115.78	85.94	94.71
Total Assets	5,129	5,019	5,166	4,686	4,277	4,130
Accounts Payable	127.59	146.14	197.03	133.89	95.52	59.25
Accrued Expenses	28.1	232.6	235.4	215.31	47.87	289.79
Short-Term Debt	690.61	624.34	589.08	426.73	45.04	13.66
Current Portion of Leases	-	-	1.64	2.85	5.43	3.06
Current Income Taxes Payable	8.83	0.46	0.24	11.98	1.27	10.62
Current Unearned Revenue	116.34	106.82	54.33	27.03	36.87	35.65
Other Current Liabilities	293.31	70.52	59.03	61.52	294.39	80.88
Total Current Liabilities	1,265	1,181	1,137	879.32	526.39	492.91
Long-Term Leases	-	-	-	2.05	4.62	3.28
Long-Term Unearned Revenue	89.98	84.45	48.98	24.3	22.15	24.21
Long-Term Deferred Tax Liabilities	4.53	7.21	6.52	5.54	5.27	0.6
Other Long-Term Liabilities	-	-	-	-	-	50.02
Total Liabilities	1,359	1,273	1,192	911.22	558.44	571.01
Common Stock	423.6	423.6	423.6	423.6	423.6	423.6
Additional Paid-In Capital	2,489	2,489	2,487	2,485	2,474	2,473
Retained Earnings	908.1	886.23	1,106	870.83	830.55	670.94
Treasury Stock	-30.02	-30.02	-30.02	-	-	-
Comprehensive Income & Other	-9.58	-10.2	-8.24	-9.15	-9.63	-9.41
Total Common Equity	3,781	3,758	3,979	3,771	3,718	3,558
Minority Interest	-11.4	-11.25	-5.66	3.83	-	-
Shareholders' Equity	3,769	3,747	3,973	3,774	3,718	3,558
Total Liabilities & Equity	5,129	5,019	5,166	4,686	4,277	4,130
Total Debt	690.61	624.34	590.72	431.63	55.09	20
Net Cash (Debt)	2,072	2,058	2,426	2,140	2,527	2,948
Net Cash Growth	-11.21%	-15.19%	13.38%	-15.31%	-14.29%	391.73%
Net Cash Per Share	4.95	4.95	5.74	5.05	5.99	7.93
Filing Date Shares Outstanding	421.46	421.46	421.46	423.6	423.6	423.6
Total Common Shares Outstanding	421.46	421.46	421.46	423.6	423.6	423.6
Working Capital	2,035	1,992	2,208	1,991	2,347	2,741
Book Value Per Share	8.97	8.92	9.44	8.90	8.78	8.40
Tangible Book Value	3,722	3,700	3,918	3,709	3,655	3,494
Tangible Book Value Per Share	8.83	8.78	9.30	8.75	8.63	8.25
Buildings	-	733.28	654.99	315.19	179.43	127.91
Machinery	-	726.57	648.03	574.16	436.3	323.89
Construction In Progress	-	414.47	528.71	768.43	695.81	365.65

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