SHA:688562 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	1,308	1,046	1,289	1,675	931.45	937.24
Trading Asset Securities	149.23	588.82	470.88	316.4	50.08	-
Cash & Short-Term Investments	1,458	1,635	1,760	1,992	981.52	937.24
Cash Growth	-6.53%	-7.14%	-11.62%	102.94%	4.72%	36.83%
Accounts Receivable	422.69	465.05	392.14	438.49	399.86	296.19
Other Receivables	24.99	27.46	31.26	30.04	34.27	25.45
Receivables	447.68	492.51	423.4	468.54	434.13	321.64
Inventory	595.39	496	568.14	674.64	1,157	1,330
Other Current Assets	54.1	52.59	73.8	77.99	52.45	65.57
Total Current Assets	2,555	2,676	2,826	3,213	2,626	2,655
Property, Plant & Equipment	242.9	240	220.84	244.8	273.67	264.88
Long-Term Investments	-	30.08	30.85	36.45	36.45	36.45
Other Intangible Assets	22.12	21.57	21.61	21.34	23.95	23.79
Long-Term Accounts Receivable	-	46.69	41.23	56.48	22.52	26.82
Long-Term Deferred Tax Assets	29.11	25.42	28.26	45	36.28	28.84
Long-Term Deferred Charges	1.25	1.13	1.13	0.89	1.31	6.63
Other Long-Term Assets	83.39	0.59	0.97	0.53	0.19	-
Total Assets	2,934	3,041	3,171	3,619	3,020	3,042
Accounts Payable	450.46	490.57	579.5	656.03	887.01	746.49
Accrued Expenses	43.75	63.25	70.47	96.03	96.58	80.27
Short-Term Debt	-	-	2	7	16.28	54
Current Portion of Leases	-	3.23	4.02	6.19	10.14	6.88
Current Income Taxes Payable	1.8	8.5	-	-	-	0.54
Current Unearned Revenue	521.49	541.76	552.4	691.91	1,132	1,325
Other Current Liabilities	106.44	115.71	139.1	151.93	96.49	47.56
Total Current Liabilities	1,128	1,223	1,347	1,609	2,238	2,260
Long-Term Leases	1.09	0.7	6.51	3.67	6.4	9.34
Long-Term Unearned Revenue	34.97	56.6	45.43	155.22	162.64	231.74
Long-Term Deferred Tax Liabilities	0.77	0.81	2.26	2.58	2.61	-
Other Long-Term Liabilities	37.3	-	-	-	-	0
Total Liabilities	1,202	1,281	1,402	1,771	2,410	2,501
Common Stock	400	400	400	400	300	300
Additional Paid-In Capital	1,372	1,372	1,372	1,374	304.32	302.68
Retained Earnings	-104.92	-46.21	-34.89	44.59	-13.98	-74.15
Total Common Equity	1,667	1,726	1,737	1,818	590.34	528.53
Minority Interest	64.65	34.37	31.94	29.78	19.54	12.23
Shareholders' Equity	1,732	1,760	1,769	1,848	609.88	540.76
Total Liabilities & Equity	2,934	3,041	3,171	3,619	3,020	3,042
Total Debt	4.98	3.93	12.52	16.86	32.81	70.22
Net Cash (Debt)	1,453	1,631	1,748	1,975	948.71	867.02
Net Cash Growth	-6.00%	-6.70%	-11.50%	108.18%	9.42%	38.95%
Net Cash Per Share	3.88	4.32	4.47	5.39	3.16	2.89
Filing Date Shares Outstanding	391.42	400	400	400	300	300
Total Common Shares Outstanding	391.42	400	400	400	300	300
Working Capital	1,427	1,453	1,478	1,604	387.17	394.42
Book Value Per Share	4.26	4.31	4.34	4.55	1.97	1.76
Tangible Book Value	1,645	1,704	1,715	1,797	566.39	504.73
Tangible Book Value Per Share	4.20	4.26	4.29	4.49	1.89	1.68
Buildings	-	212.33	212.5	212.5	212.5	212.5
Machinery	-	195.89	186.42	183.13	159.39	149.94
Construction In Progress	-	47.91	2.94	-	28.11	8.8

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