SHA:688729 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	1,276	2,262	2,737	1,442	993.3	1,402
Trading Asset Securities	2,199	1,330	340.54	775.06	880.72	541.41
Cash & Short-Term Investments	3,475	3,592	3,077	2,217	1,874	1,943
Cash Growth	53.54%	16.72%	38.78%	18.33%	-3.55%	-14.24%
Accounts Receivable	469.13	488.11	363.74	468.88	611.41	250.57
Other Receivables	13.84	-	-	2.94	-	5.21
Receivables	482.97	488.11	363.74	471.82	611.41	255.78
Inventory	3,225	3,436	3,497	2,911	2,749	1,856
Prepaid Expenses	-	-	-	-	-	0.08
Other Current Assets	366.01	555.04	273.6	162.9	206.86	120.83
Total Current Assets	7,549	8,071	7,212	5,763	5,441	4,175
Property, Plant & Equipment	1,268	1,281	1,071	964.13	691.36	323.68
Long-Term Investments	-	-	-	39.09	-	-
Goodwill	934.83	964.74	986.64	972.14	955.93	875.1
Other Intangible Assets	61.71	70.53	65.04	67.14	75.88	70.77
Long-Term Deferred Tax Assets	505.3	491.2	476.91	412.07	345.64	286.23
Long-Term Deferred Charges	103.25	53.56	116.45	98.19	73.68	39.9
Other Long-Term Assets	649.57	452.07	24.92	25.43	15.48	34.11
Total Assets	11,071	11,384	9,953	8,341	7,599	5,805

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	409.76	353.88	632.45	527.46	544.69	356.83
Accrued Expenses	120.03	179.36	208.48	195.67	205.29	143.38
Short-Term Debt	-	-	-	138.32	453.74	-
Current Portion of Long-Term Debt	-	358.23	241.78	300.74	0.29	-
Current Portion of Leases	-	16.76	28.79	27.79	26.26	-
Current Income Taxes Payable	-	30.4	31.65	31.02	42.51	26.95
Current Unearned Revenue	604.5	695.78	1,161	671.62	476.29	519.1
Other Current Liabilities	138.68	124.48	146.21	174.81	178.07	129.65
Total Current Liabilities	1,273	1,759	2,450	2,067	1,927	1,176
Long-Term Debt	349.84	395.5	1,320	644.36	386.72	-
Long-Term Leases	171.35	175.42	41.05	65	78.9	69.92
Long-Term Unearned Revenue	94.25	107.59	200.98	198.04	198.45	172.8
Pension & Post-Retirement Benefits	-	1.15	-	-	-	0.33
Long-Term Deferred Tax Liabilities	30.68	11.01	7.57	11.35	10.36	10.15
Other Long-Term Liabilities	18.57	17.78	18.59	11.76	16.65	10.1
Total Liabilities	1,938	2,467	4,038	2,998	2,618	1,439

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	2,956	2,956	2,660	2,660	2,660	2,660
Additional Paid-In Capital	3,716	3,713	1,653	1,646	1,633	1,612
Retained Earnings	2,377	2,062	1,391	849.63	540.21	157.69
Comprehensive Income & Other	85.71	186.09	210.55	187.32	147.46	-64.39
Shareholders' Equity	9,134	8,916	5,915	5,343	4,981	4,366
Total Liabilities & Equity	11,071	11,384	9,953	8,341	7,599	5,805

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	521.19	945.91	1,631	1,176	945.91	69.92
Net Cash (Debt)	2,954	2,646	1,446	1,041	928.11	1,873
Net Cash Growth	1364.35%	82.97%	38.88%	12.19%	-50.45%	-3.17%
Net Cash Per Share	0.99	0.95	0.53	0.39	0.35	0.72
Filing Date Shares Outstanding	2,901	2,956	2,660	2,660	2,660	2,589
Total Common Shares Outstanding	2,901	2,956	2,660	2,660	2,660	2,589
Working Capital	6,276	6,312	4,762	3,695	3,514	2,999
Book Value Per Share	3.15	3.02	2.22	2.01	1.87	1.69
Tangible Book Value	8,137	7,881	4,863	4,304	3,949	3,420
Tangible Book Value Per Share	2.81	2.67	1.83	1.62	1.48	1.32
Buildings	-	396.52	377.73	362.85	-	-
Machinery	-	1,057	901.45	656.22	443.64	309.71
Construction In Progress	-	185.02	126.77	165.97	398.97	121.43