SHA:688676 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	2,036	2,838	559.93	791.8	583.93	830.6
Trading Asset Securities	782.25	0.52	0.49	1.71	680.51	229.31
Cash & Short-Term Investments	2,819	2,839	560.42	793.51	1,264	1,060
Cash Growth	215.74%	406.53%	-29.37%	-37.24%	19.30%	95.47%
Accounts Receivable	3,367	3,502	3,802	3,157	2,168	1,480
Other Receivables	49.03	43.94	78.17	86.1	1.32	1.12
Receivables	3,416	3,546	3,881	3,243	2,170	1,481
Inventory	2,938	2,590	2,119	1,736	1,733	1,424
Prepaid Expenses	-	-	-	-	-	0.42
Other Current Assets	641.04	539.84	468.88	302.4	480.91	285.63
Total Current Assets	9,813	9,515	7,029	6,074	5,648	4,252
Property, Plant & Equipment	2,138	2,124	2,027	1,934	1,308	819.83
Long-Term Investments	299.21	300.27	132.85	145.47	143.02	52.66
Other Intangible Assets	265.62	259.18	262.8	170.62	168.92	164.73
Long-Term Deferred Tax Assets	135.41	134.28	138.11	141.34	142.19	67.57
Long-Term Deferred Charges	0.07	0.09	1.35	0.28	0.38	0.47
Other Long-Term Assets	30.71	58.27	25.2	62.19	56.91	24.69
Total Assets	12,682	12,391	9,616	8,529	7,467	5,382
Accounts Payable	2,329	2,471	2,504	2,388	2,141	1,422
Accrued Expenses	53.37	241.56	204.17	224.4	147.16	139.05
Short-Term Debt	843.45	501.08	173.05	58.58	212.74	85.14
Current Portion of Long-Term Debt	762.18	661.82	439.4	324.65	49.21	56.32
Current Portion of Leases	-	16.55	8.9	0.38	0.46	2.29
Current Income Taxes Payable	71.88	28.86	21.59	10.33	15.37	12.06
Current Unearned Revenue	636.45	522.39	644.49	592.72	698.3	682.82
Other Current Liabilities	176.8	74.85	64.68	103.14	113.4	96.89
Total Current Liabilities	4,873	4,518	4,061	3,702	3,378	2,496
Long-Term Debt	2,152	2,337	853.82	1,359	1,066	336.4
Long-Term Leases	40.53	42.9	45.42	16.11	12.32	4.26
Long-Term Unearned Revenue	117.95	118.48	98.76	77	79.33	69.8
Long-Term Deferred Tax Liabilities	98.23	103.95	68.25	77.26	57.19	12.63
Other Long-Term Liabilities	51.38	49.57	42.56	-	-	-
Total Liabilities	7,332	7,170	5,169	5,232	4,593	2,919
Common Stock	459.78	459.78	457.44	427.06	427.02	425.7
Additional Paid-In Capital	2,189	2,177	2,130	1,117	1,094	1,047
Retained Earnings	2,495	2,382	1,953	1,584	1,187	988.51
Treasury Stock	-123.6	-128.02	-98.01	-	-	-
Comprehensive Income & Other	340.22	339.15	6.59	168.79	166.94	1.33
Total Common Equity	5,360	5,230	4,450	3,297	2,874	2,462
Minority Interest	-10.35	-9.6	-3.06	-0.65	0.02	0.02
Shareholders' Equity	5,350	5,221	4,447	3,297	2,874	2,462
Total Liabilities & Equity	12,682	12,391	9,616	8,529	7,467	5,382
Total Debt	3,798	3,559	1,521	1,759	1,341	484.41
Net Cash (Debt)	-979.03	-720.43	-960.17	-965.6	-76.72	575.5
Net Cash Growth	-	-	-	-	-	87.41%
Net Cash Per Share	-2.13	-1.57	-2.16	-2.26	-0.18	1.40
Filing Date Shares Outstanding	449.7	459.07	454.84	427.06	427.02	425.7
Total Common Shares Outstanding	449.7	456.22	454.84	427.06	427.02	425.7
Working Capital	4,940	4,997	2,969	2,372	2,270	1,755
Book Value Per Share	11.92	11.46	9.78	7.72	6.73	5.78
Tangible Book Value	5,094	4,971	4,187	3,127	2,705	2,298
Tangible Book Value Per Share	11.33	10.90	9.20	7.32	6.34	5.40
Buildings	-	1,333	1,190	1,145	558.86	511.95
Machinery	-	1,524	1,432	1,358	721.08	540.04
Construction In Progress	-	279.22	214.23	87.21	561.97	264.1
Order Backlog	-	7,207	-	-	-	-

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