SHA:688676 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	-	559.93	791.8	583.93	830.6
Trading Asset Securities	-	0.49	1.71	680.51	229.31
Cash & Short-Term Investments	665.54	560.42	793.51	1,264	1,060
Cash Growth	18.76%	-29.37%	-37.24%	19.30%	95.47%
Accounts Receivable	-	3,802	3,157	2,168	1,480
Other Receivables	-	78.17	86.1	1.32	1.12
Receivables	-	3,881	3,243	2,170	1,481
Inventory	-	2,119	1,736	1,733	1,424
Prepaid Expenses	-	-	-	-	0.42
Other Current Assets	-	468.88	302.4	480.91	285.63
Total Current Assets	-	7,029	6,074	5,648	4,252
Property, Plant & Equipment	-	2,027	1,934	1,308	819.83
Long-Term Investments	-	132.85	145.47	143.02	52.66
Other Intangible Assets	-	262.8	170.62	168.92	164.73
Long-Term Deferred Tax Assets	-	138.11	141.34	142.19	67.57
Long-Term Deferred Charges	-	1.35	0.28	0.38	0.47
Other Long-Term Assets	-	25.2	62.19	56.91	24.69
Total Assets	-	9,616	8,529	7,467	5,382
Accounts Payable	-	2,504	2,388	2,141	1,422
Accrued Expenses	-	204.17	224.4	147.16	139.05
Short-Term Debt	-	173.05	58.58	212.74	85.14
Current Portion of Long-Term Debt	-	439.4	324.65	49.21	56.32
Current Portion of Leases	-	8.9	0.38	0.46	2.29
Current Income Taxes Payable	-	21.59	10.33	15.37	12.06
Current Unearned Revenue	-	644.49	592.72	698.3	682.82
Other Current Liabilities	-	64.68	103.14	113.4	96.89
Total Current Liabilities	-	4,061	3,702	3,378	2,496
Long-Term Debt	-	853.82	1,359	1,066	336.4
Long-Term Leases	-	45.42	16.11	12.32	4.26
Long-Term Unearned Revenue	-	98.76	77	79.33	69.8
Long-Term Deferred Tax Liabilities	-	68.25	77.26	57.19	12.63
Other Long-Term Liabilities	-	42.56	-	-	-
Total Liabilities	-	5,169	5,232	4,593	2,919
Common Stock	-	457.44	427.06	427.02	425.7
Additional Paid-In Capital	-	2,130	1,117	1,094	1,047
Retained Earnings	-	1,953	1,584	1,187	988.51
Treasury Stock	-	-98.01	-	-	-
Comprehensive Income & Other	-	6.59	168.79	166.94	1.33
Total Common Equity	4,716	4,450	3,297	2,874	2,462
Minority Interest	-	-3.06	-0.65	0.02	0.02
Shareholders' Equity	4,708	4,447	3,297	2,874	2,462
Total Liabilities & Equity	-	9,616	8,529	7,467	5,382
Total Debt	1,957	1,521	1,759	1,341	484.41
Net Cash (Debt)	-1,291	-960.17	-965.6	-76.72	575.5
Net Cash Growth	-	-	-	-	87.41%
Net Cash Per Share	-2.82	-2.16	-2.26	-0.18	1.40
Filing Date Shares Outstanding	471.57	454.84	427.06	427.02	425.7
Total Common Shares Outstanding	456.22	454.84	427.06	427.02	425.7
Working Capital	-	2,969	2,372	2,270	1,755
Book Value Per Share	10.34	9.78	7.72	6.73	5.78
Tangible Book Value	4,458	4,187	3,127	2,705	2,298
Tangible Book Value Per Share	9.77	9.20	7.32	6.34	5.40
Buildings	-	1,190	1,145	558.86	511.95
Machinery	-	1,432	1,358	721.08	540.04
Construction In Progress	-	214.23	87.21	561.97	264.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.