SHA:688729 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	1,398	2,262	2,736	1,442	993.3	1,402
Trading Asset Securities	1,871	1,330	340.54	775.06	880.72	541.41
Cash & Short-Term Investments	3,269	3,592	3,077	2,217	1,874	1,943
Cash Growth	24.02%	16.73%	38.76%	18.33%	-3.55%	-14.24%
Accounts Receivable	548.14	488.11	363.74	468.88	611.41	250.57
Other Receivables	24.73	13.89	-	2.94	-	5.21
Receivables	572.88	502	363.74	471.82	611.41	255.78
Inventory	3,287	3,436	3,497	2,911	2,749	1,856
Prepaid Expenses	-	-	-	-	-	0.08
Other Current Assets	366.53	541.26	273.95	162.9	206.86	120.83
Total Current Assets	7,496	8,071	7,212	5,763	5,441	4,175
Property, Plant & Equipment	1,285	1,281	1,071	964.13	691.36	323.68
Long-Term Investments	73.02	-	-	39.09	-	-
Goodwill	949.72	964.74	986.64	972.14	955.93	875.1
Other Intangible Assets	66.76	70.53	65.04	67.14	75.88	70.77
Long-Term Deferred Tax Assets	493.55	491.2	476.91	412.07	345.64	286.23
Long-Term Deferred Charges	75.22	53.56	116.45	98.19	73.68	39.9
Other Long-Term Assets	454.58	452.07	24.92	25.43	15.48	34.11
Total Assets	10,893	11,384	9,953	8,341	7,599	5,805
Accounts Payable	316.82	353.88	632.45	527.46	544.69	356.83
Accrued Expenses	60.59	114.92	208.48	195.67	205.29	143.38
Short-Term Debt	-	-	-	138.32	453.74	-
Current Portion of Long-Term Debt	50.99	409.18	241.78	300.74	0.29	-
Current Portion of Leases	-	-	28.79	27.79	26.26	-
Current Income Taxes Payable	54.06	59.14	31.65	31.02	42.51	26.95
Current Unearned Revenue	648.88	695.78	1,161	671.62	476.29	519.1
Other Current Liabilities	81.77	125.99	146.21	174.81	178.07	129.65
Total Current Liabilities	1,213	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	177.5	175.42	41.05	65	78.9	69.92
Long-Term Unearned Revenue	100.85	107.59	200.98	198.04	198.45	172.8
Pension & Post-Retirement Benefits	-	-	-	-	-	0.33
Long-Term Deferred Tax Liabilities	11.52	11.01	7.57	11.35	10.36	10.15
Other Long-Term Liabilities	18.35	18.93	18.59	11.76	16.65	10.1
Total Liabilities	1,871	2,467	4,038	2,998	2,618	1,439
Common Stock	2,956	2,956	2,660	2,660	2,660	2,660
Additional Paid-In Capital	3,715	3,713	1,653	1,646	1,633	1,612
Retained Earnings	2,221	2,062	1,391	849.63	540.21	157.69
Comprehensive Income & Other	131.05	186.09	210.55	187.32	147.46	-64.39
Shareholders' Equity	9,022	8,916	5,915	5,343	4,981	4,366
Total Liabilities & Equity	10,893	11,384	9,953	8,341	7,599	5,805
Total Debt	578.32	980.09	1,631	1,176	945.91	69.92
Net Cash (Debt)	2,691	2,612	1,446	1,041	928.11	1,873
Net Cash Growth	279.61%	80.64%	38.85%	12.19%	-50.45%	-3.17%
Net Cash Per Share	0.92	0.93	0.54	0.39	0.35	0.72
Filing Date Shares Outstanding	3,187	2,956	2,660	2,660	2,660	2,589
Total Common Shares Outstanding	3,187	2,956	2,660	2,660	2,660	2,589
Working Capital	6,283	6,312	4,762	3,695	3,514	2,999
Book Value Per Share	2.83	3.02	2.22	2.01	1.87	1.69
Tangible Book Value	8,006	7,881	4,863	4,304	3,949	3,420
Tangible Book Value Per Share	2.51	2.67	1.83	1.62	1.48	1.32
Buildings	-	-	377.73	362.85	-	-
Machinery	-	-	901.45	656.22	443.64	309.71
Construction In Progress	-	-	126.77	165.97	398.97	121.43

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